Latest news with #AndhraPradeshElectronicsComponentManufacturingPolicy
The Hindu
01-08-2025
- Business
- The Hindu
Andhra Pradesh govt. unveils Electronics Component Manufacturing Policy 2024–29
The government on Friday notified the Andhra Pradesh Electronics Component Manufacturing Policy (4.0) 2024–29 (ECMP) aimed at boosting manufacturing capacities in the electronics sector and establishing a robust semiconductor and display fabrication ecosystem in the State. According to a G.O. issued by Katamneni Bhaskar, Secretary (IT, Electronics & Communications), the ECMP is aligned with the Government of India's Electronics Component Manufacturing Scheme and focuses on building an electronics component manufacturing ecosystem that contributes significantly to the State's economic development. The policy seeks to integrate State-based companies into the global electronics value chain, thereby enhancing their position within the supply network. The ECMP will remain in force for five years, during which the State government will extend incentives to eligible companies, as detailed in separate operational guidelines to be notified later. The policy emphasises the development of Component Manufacturing Clusters (CMCs) with shared facilities in strategic locations such as Tirupati, Anantapur, Visakhapatnam, Kopparthy, and Nellore. These CMCs will specialise in areas like printed circuit boards, display technologies, optoelectronics, and passive components. The policy also aims to enhance the Speed of Doing Business, reduce operational costs through infrastructure development, and provide ready-built factory shells and plug-and-play facilities. In addition, it targets the attraction of global anchor firms in key component segments by offering customised support packages and incentives for supply chain partners to participate in building the CMCs.
Hans India
06-06-2025
- Business
- Hans India
AP showcases investment potential in electronics manufacturing
Tirupati: Andhra Pradesh is fast emerging as a prime destination for investments and industrial growth, especially in the electronics manufacturing sector. The Electronics Component Manufacturing Scheme (ECMS) and Andhra Pradesh Electronics Component Manufacturing Policy draft workshop in Tirupati held on Thursday was aimed at giving a further boost to this sector. The one-day workshop was jointly organised by the IT, Electronics & Communications (ITE&C) Department, AP Economic Development Board, and the India Cellular and Electronics Association. The workshop saw participation from key dignitaries including Sushil Pal, Joint Secretary of the Ministry of Electronics and IT, who stated that the Government of India is actively promoting electronics component manufacturing through Production Linked Incentives (PLI) and other incentives. He lauded AP's proactive efforts and underlined the strong demand for electronics components in the market. Speaking at the event, Secretary of ITE&C Bhaskar Katamneni highlighted that the state government under the leadership of the Chief Minister is committed not only to 'Ease of Doing Business' but also to 'Speed of Doing Business.' He emphasised the abundant opportunities in the state for setting up industries and expressed confidence that Andhra Pradesh is crafting a more competitive and investor-friendly electronics policy compared to the Central Government's framework. Bhaskar revealed that the state is aiming to localise production of electronic components, which are currently being imported, and is formulating a forward-looking policy to attract manufacturers. Plans are already underway to establish 25 percent of these units in the southern Rayalaseema region. Tirupati EMC-2 cluster and the Kopparthy EMC are being positioned as key hubs for this expansion. Highlighting the state's industrial readiness, he mentioned Sri City, where more than 200 industries are operational and contributing to significant employment. Andhra Pradesh boasts superior infrastructure with robust road, rail, airport, and port connectivity. Reaffirming the state's commitment to transparency and technological governance, he said Andhra Pradesh is leveraging AI, IoT, drones, and WhatsApp governance for effective administration. As the state works toward its Vision 2047 goal of becoming a $2.4 trillion economy, it aims to harness not just IT but a range of industrial sectors to meet national targets.
