Latest news with #ManufacturingCluster
Indian Express
3 days ago
- Business
- Indian Express
Bihar Cabinet okays doubling pension of Emergency prisoners
Doubling the J P Senani pension for political prisoners, approving 50 percent waiver on registration of new vehicles, hiking the annual honorarium of Booth Level Officers (BLOs) and BLO Supervisors – these are among a series of major Cabinet decisions that the Nitish Kumar government announced Wednesday, ahead of Assembly polls. For J P Senani pension, those who spent one to six months in jail during the Emergency will get Rs 15,000/month from the current Rs 7,500, while those who spent more than six months will get Rs 30,000 from Rs 15,000. The annual honorarium for BLOs has been hiked to Rs 14,000 from Rs 10,000 and for BLO Supervisors to Rs 18,000 from Rs 15,000. 'The state cabinet gave its nod to acquire 2,627 acres of land at a cost of `812 crore. As part of the decision to expand the industrial areas in, the highest of 991 acres of land will be acquired at a cost of `351 crore in Begusarai district while 500 acres of land will be acquired at a cost of `219 crore in Patna district,' Additional Chief Secretary S Siddharth said. The Cabinet also cleared transport department's proposal of 50% waiver on new vehicles registration, acquiring 1,300 acres of land for Integrated Manufacturing Cluster (IMC) under Amritsar-Kolkata Industrial Project.
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.
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Business Standard
25-06-2025
- Business
- Business Standard
Govt to set up electronics manufacturing cluster worth ₹417 cr in Noida
The government has approved the setting up of an Electronics Manufacturing Cluster (EMC 2.0) in Gautam Buddha Nagar, Uttar Pradesh, with an investment of ₹417 crore, the Ministry of Electronics and Information Technology said in a press release. The cluster will be developed by the Yamuna Expressway Industrial Development Authority (YEIDA) and will span 200 acres. It is expected to attract investments worth approximately ₹2,500 crore. 'The project will lead to the creation of world-class infrastructure and generate 15,000 jobs. It is fully in line with Prime Minister Narendra Modi's vision of promoting manufacturing in India. It reflects the government's sharp focus on job creation and building a Viksit Bharat,' said Ashwini Vaishnaw, Union Information Technology Minister. Sectoral focus and facilities for MSMEs and startups The EMC 2.0 cluster will cater to manufacturing needs in sectors such as consumer electronics, automotive and industrial electronics, medical devices, computer hardware, and communication equipment. Startups and MSMEs will benefit from access to plug-and-play infrastructure and shared facilities. Infrastructure under the project includes factory sheds, electricity, water supply, sewage treatment, hostels, skill development centres, and health centres. 'This will help reduce infrastructure and logistics costs,' the ministry added. Strategic location and connectivity The cluster site is well-connected by road, rail, and air, situated along the Yamuna Expressway, Eastern Peripheral Expressway, and the under-construction Palwal–Khurja Expressway. It is close to major transport hubs such as a railway station and the upcoming Jewar International Airport. Additionally, it is near other industrial zones including the Medical Device Park, MSME and Apparel Park, and the Aviation Hub. Past achievements and current investments The ministry noted that projects under the EMC scheme have so far attracted 520 companies and generated over 86,000 jobs. 'So far, around ₹30,000 crore have been invested in the projects under the EMC scheme,' it stated. Earlier this month, Dixon Technologies received a letter of intent for 22.5 acres in YEIDA's EMC located in Sector 10 near the upcoming Noida International Airport. The company plans to establish a manufacturing unit for mobile phones, consumer electronics, telecom equipment, lighting products, and white goods. It is the third company to join the hub.
