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India Gazette
2 days ago
- Business
- India Gazette
Andhra Pradesh unveils Draft Electronics Component Manufacturing Policy 4.0
Vijayawada (Andhra Pradesh) [India], June 7 (ANI): The Andhra Pradesh government introduced its draft Electronics Component Manufacturing Policy 4.0 during a roadshow organised by the Ministry of Electronics and Information Technology in the state, said an official statement. The event brought together prominent industry representatives to discuss manufacturing opportunities under India's recently launched Electronics Component Manufacturing Scheme. According to an official statement, the draft policy represents a comprehensive framework intended to stimulate investment, develop specialised infrastructure, and cultivate expertise throughout the electronics component manufacturing sector. The policy aligns with national objectives for expanding domestic electronics production capabilities. Union IT and Electronics Joint Secretary Sushil Pal and Andhra Pradesh IT Secretary K Bhaskar, among other officials and industry participants, attended the roadshow. The state government designed the policy to attract investment through various financial incentives, including early adoption benefits, matching incentive structures, interim support measures, and ready-to-use manufacturing facilities within dedicated component production clusters. During the event, Dixon Technologies announced plans to create 5,000 additional employment opportunities in Andhra Pradesh over the next two years as part of its regional expansion strategy. Similarly, Neolync, which operates with backing from Reliance, committed to generating 5,000 jobs within the state as part of its growth plans. The policy launch reflects broader national efforts to strengthen India's position in global electronics manufacturing and reduce dependence on imported components through domestic production capabilities. Speaking about the policy, TDP leader Pattabhi Ram said, 'In a joint workshop organised by the Govt of Andhra Pradesh, Ministry of Electronics & Information Technology, and India Cellular and Electronics Association (ICEA), the Govt has announced a draft policy for Electronics Component Manufacturing Policy 4.0. 'This is to drive investment in the state, which was badly affected by the misgovernance of Jagan Reddy's rule. Now, the NDA Govt is trying to bring back the brand image of the state as a favourable investment destination. Companies like Dixon have immediately committed to bringing investment into the state,' he added. (ANI)
Hans India
3 days ago
- Business
- Hans India
ICEA, IT Ministry urge states to make India a component manufacturing hub
New Delhi: States should work together and leverage Centre's scheme for encouraging domestic manufacturing of electronic components to make India a global hub of components manufacturing, the India Cellular and Electronics Association (ICEA) said on Friday. Various states such as Tamil Nadu, Assam, Uttar Pradesh and Andhra Pradesh are coming up with their own policy for encouraging components manufacturing in their respective states. In an industry event in Andhra Pradesh, Sushil Pal, Joint Secretary, MeitY, emphasised the government's commitment to fostering domestic electronics manufacturing through a hybrid scheme which offers Capex support and turnover linked incentive for components manufacturing. He appealed that states have to play a proactive role in this mission of making India a component manufacturing powerhouse for the world. Bhaskar Katamneni, Secretary, IT & EC, state government, unveiled the draft Electronics Component Manufacturing Policy (ECMP) at the event to encourage manufacturing of electronics components in the state. 'We are not only promoting ease of doing business but also enabling the 'Speed of Doing Business'. Andhra Pradesh is crafting a more competitive and agile policy framework compared to the national landscape,' said Katamneni. He said that the Andhra Pradesh-ECMP will be notified in the next 10 days. Additionally, he also discussed on the draft policy and its offerings, like catalysing investments across the component manufacturing value chain through 50 per cent capex support for components manufacturers in the state, turnover linked incentives doubling the centre's incentives, building specialised infrastructure and plug-and-play clusters, and enabling talent development, skilling and R&D support. Pankaj Mohindroo, Chairman, ICEA said that now is the time that industry should proactively resolve for high domestic value addition in the country and build a robust supply chain for electronics manufacturing. The event was attended by senior government officials from Ministry of electronics and IT and the state, along with manufacturers, industry leaders and other stakeholders of electronics ecosystem.
Hans India
3 days ago
- 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.
