Latest news with #ElectronicsManufacturingCluster
Hindustan Times
09-08-2025
- Automotive
- Hindustan Times
Yeida begins development of Electronics Manufacturing Cluster
The Yamuna Expressway industrial development authority on Friday said that it has finalised Design Associates Incorporation as the contractor responsible for all internal development work within the Electronics Manufacturing Cluster. Yeida begins development of Electronics Manufacturing Cluster The project under the Electronics Manufacturing Cluster (EMC) 2.0 project in Sector 10 spread on 206 acres aims to lure investments from domestic and global electronics and allied companies, trying to develop the area as a national hub for high-tech manufacturing. The internal infrastructure is expected to be completed by January 31, 2028. 'The EMC project is strategically planned to cater to a wide range of sectors, including automotive electronics, industrial and consumer electronics, computer hardware, communication systems, and components for e-mobility,' said Shailendra Bhati, officer on special duty of the Yeida. The estimated cost of the project is ₹ 485 crore, of which ₹144 crore will be provided as central financial assistance by the Ministry of Electronics and Information Technology (MeitY). The remaining amount will be borne by YEIDA, said officials. Of the total area, 122 acres have been marked as saleable area, including those for industries, ready-built factory (RBF) sheds, and a flatted factory complex. The complex will feature two multi-storey RCC buildings, offering 176 factory units of varying sizes—34 units of 120 square metres, 48 units of 90 square metres, and 94 units of 60 square metres. Yeida said the infrastructure development and construction by various industries will go hand in hand, enabling a comprehensive manufacturing ecosystem. 'Havells India Ltd has been selected as the anchor unit and will develop its facility over 50 acres. The company will produce fans, air coolers, lights, cables, switchgear, and other appliances. It has committed to invest ₹800 crore and generate employment for 1,000 people. Commercial production is expected to begin in 2026,' said Bhatia. Four other companies have also received Letters of Intent. Dixon Technologies will take up 22.5 acres, while Ascent-K Circuit will get 16 acres to manufacture high-end PCBs. Aurionpro ToshiAutomatic Systems has been allotted 5 acres, and Neenjas Electric has been issued an LOI for a 10,000-square-metre plot. Approval for these proposals is currently pending with the state government.
Business Standard
03-07-2025
- Business
- Business Standard
Noida International Airport to Commence Operations by September 2025; YEIDA's CEO Outlines Region's Future in Exclusive CNC 24 Podcast
NewsVoir Noida (Uttar Pradesh) [India], July 3: In conversation with CNC 24, Dr. Arun Vir Singh, YEIDA's CEO, offered exclusive insights into the upcoming Noida International Airport and the ambitious development plans set to transform the surrounding region. He indicated that the airport, commonly referred to as Jewar Airport, is expected to commence operations by September 2025, following previous delays from earlier deadlines. Dr. Singh shed light on YEIDA's integrated development approach. The airport will be linked by the Yamuna Expressway, Delhi-Mumbai Expressway, and Eastern Peripheral Expressway, along with an approved railway line connecting it to national corridors, marking Indian Railways' first direct involvement in an airport-linked rail project. On the real estate front, the airport is surging the residential demand, with strong interest in YEIDA's plot schemes and group housing projects. Developments like the Multi-Modal Logistics Park, the upcoming Global Film City, Electronics Manufacturing Cluster (EMC 2.0), and Semiconductor Park are drawing significant investment and accelerating industrial and commercial growth, positioning the region as a new economic hub. "With the airport as a catalyst, YEIDA's vision is turning the Jewar region into a future-ready hub for aviation, investment, and smart growth," he said. The coordinated development model adopted by YEIDA aims to create not just an airport city, but a globally competitive urban-industrial zone.
Fashion Value Chain
03-07-2025
- Business
- Fashion Value Chain
Noida International Airport to Commence Operations by September 2025; YEIDA's CEO Outlines Region's Future in Exclusive CNC 24 Podcast
In conversation with CNC 24, Dr. Arun Vir Singh, YEIDA's CEO, offered exclusive insights into the upcoming Noida International Airport and the ambitious development plans set to transform the surrounding region. He indicated that the airport, commonly referred to as Jewar Airport, is expected to commence operations by September 2025, following previous delays from earlier deadlines. Dr. Arun Vir Singh reveals how integrated planning around Jewar Airport fuels housing, logistics, and manufacturing growth Dr. Singh shed light on YEIDA's integrated development approach. The airport will be linked by the Yamuna Expressway, Delhi-Mumbai Expressway, and Eastern Peripheral Expressway, along with an approved railway line connecting it to national corridors, marking Indian Railways first direct involvement in an airport-linked rail project. On the real estate front, the airport is surging the residential demand, with strong interest in YEIDA's plot schemes and group housing projects. Developments like the Multi-Modal Logistics Park, the upcoming Global Film City, Electronics Manufacturing Cluster (EMC 2.0), and Semiconductor Park are drawing significant investment and accelerating industrial and commercial growth, positioning the region as a new economic hub. 'With the airport as a catalyst, YEIDA's vision is turning the Jewar region into a future-ready hub for aviation, investment, and smart growth,' he said. The coordinated development model adopted by YEIDA aims to create not just an airport city, but a globally competitive urban-industrial zone.
The Hindu
26-06-2025
- Business
- The Hindu
Government clears ₹417-crore electronics manufacturing cluster in Uttar Pradesh under EMC scheme
The Union Government on Wednesday (June 25, 2025) announced that it had cleared the establishment of a ₹417 crore Electronics Manufacturing Cluster (EMC) under the EMC 2.0 scheme in the Gautam Buddha Nagar district of Uttar Pradesh, which contains Noida. 'The approved EMC 2.0 project will be developed by the Yamuna Expressway Industrial Development Authority (YEIDA),' the Government said. The EMC 2.0 scheme was notified in April 2020. Under the scheme, various parts of the country have been notified as electronics manufacturing clusters, with EMC projects attracting around ₹30,000 in investments, the government said in a statement. 'The project will lead to the creation of world-class infrastructure and generate 15,000 jobs,' IT Minister Ashwini Vaishnaw said in a statement. 'The (UP) State Government has a significant role in implementing the project,' the government said in a statement. 'Recognizing this, officials have been instructed to work closely with the state to ensure faster execution of the project.' Funds under EMC 2.0 are to be disbursed up to April 2028. The GB Nagar 'cluster's location … is well-connected by road, rail, and air,' the IT Ministry said. 'It is strategically positioned along the Yamuna Expressway, Eastern Peripheral Expressway, and the upcoming Palwal–Khurja Expressway.' 'The site is also close to key transport hubs like Railway Station & Jewar International Airport. Additionally, the EMC is surrounded by important industrial zones such as the Medical Device Park, MSME & Apparel Park, and the Aviation Hub,' he added.
Hindustan Times
25-06-2025
- Business
- Hindustan Times
Centre approves ₹417-cr electronics manufacturing cluster under Yamuna Expressway
New Delhi The EMC 2.0 will be developed by the Yamuna Expressway Industrial Development Authority (Yeida) on 206.4 acres. (Representational photo/HT Archive) The central government has approved the setting up of a ₹ 417-crore Electronics Manufacturing Cluster (EMC 2.0) in Uttar Pradesh's Gautam Budh Nagar district, at Sector 10 of the Yamuna Expressway, to boost local electronics production and innovation. The project is expected to attract investments to the tune of ₹ 2,500 crore and lead to the creation of around 15,000 jobs. 'It is fully in line with Prime Minister Shri Narendra Modi's vision of promoting manufacturing in India. It reflects the government's sharp focus on job creation and building a Viksit (developed) Bharat,' said IT minister Ashwini Vaishnaw. The EMC 2.0 will be developed by the Yamuna Expressway Industrial Development Authority (Yeida) on 206.4 acres. The ₹ 417-crore project cost excludes the cost of land, but includes ₹ 144 crore in central financial assistance from the IT ministry, with the remaining amount to be funded by Yeida, as per the approval document seen by HT. The project is expected to be completed by January 2028 and will feature facilities such as a skill development centre, a convention centre, and a three-storey hostel block, among others. The project is anchored by Havells, with an investment of ₹ 800 crore. The company will be allotted 50 acres for manufacturing domestic appliances, such as fans, AC, coolers, lighting, switchgear, cables, etc. The EMC 2.0, located along the Yamuna Expressway and near the upcoming Jewar airport, will also support the production of industrial electronics to medical devices, computer hardware, and communication equipment, according to a press release. The development comes as a further boost, close on the heels of last month's announcement of the establishment of an HCL-Foxconn semiconductor OSAT facility near Jewar airport. This unit will invite an investment of ₹ 3,700 crore and is the sixth semiconductor unit announced under the IT ministry's India Semiconductor Mission (ISM). Uttar Pradesh will also soon unveil a state-level top-up to the Centre's Electronics Component Manufacturing Scheme (ECMS), previously reported by HT. In addition to central incentives, the state government is likely to announce a package worth over ₹ 10,000 crore to attract electronics manufacturers to set up operations in the state, HT has learnt. Uttar Pradesh accounts for 25% of India's total electronics manufacturing and contributes a significant 50% to the country's mobile phone production, a senior government official told HT. While it is normally said that Tamil Nadu leads in electronics exports, UP is ahead in overall manufacturing, with the majority of the state's output coming from the Greater Noida and Yamuna Expressway region, added the official.
