Rajeev Chandrasekhar, Union Minister of State for Skill Development & Entrepreneurship and
Electronics & IT, announced in Bengaluru that establishing the Rs 180 crore Electronics Manufacturing Cluster (EMC) is anticipated to generate over 18,000 jobs at Dharwad had been approved.
The project, implemented at Kotur-Balur Industrial Area in Karnataka’s Dharwad District under the EMC 2.0 scheme, is expected to generate more than Rs 1,500 crore worth of investments very soon. Nine companies, including start-ups, have already agreed to invest Rs 340 crore, potentially creating jobs for 2,500 people.
“Just as it is already a telecom hotspot with Apple plants in Kolar (Wistron) and Devanahalli, Karnataka is emerging as a global hub for Electronics production” (Foxconn). These new investments are producing jobs and development. As part of its “Atmanirbhar Bharat” initiatives, the Minister stated that the Narendra Modi administration is dedicated to developing India as a manufacturing centre.
This EMC has a prime position and is well connected to NH -48 (1 km) and Hubli Domestic Airport (33 km), which would lower the industry’s logistics and transportation costs.
The creation of a modern testing facility in Mysore, Karnataka, which will satisfy the diverse testing requirements of the sector, has already received Center approval for a Common Facility Centre (CFC).
On April 1, 2020, the Modified Electronics Manufacturing Cluster (EMC 2.0) scheme was launched to build world-class infrastructure, including ready-built factory sheds and plug-and-play infrastructure, to draw anchor units and supply chains to locate their manufacturing and production facilities in the nation.
Three Electronics Manufacturing Clusters have been approved under the Plan, with a total project cost of Rs 1,903 crore, including Rs 889 crore in Government Financial Assistance and an investment objective of Rs 20,910 crore.
In the last eight years, India has advanced significantly in the field of electronics manufacturing as a result of these government initiatives.
