EMC 2.0 Scheme will help India become mobile manufacturing hub
The Cabinet has approved the Modified Electronics Manufacturing Clusters (EMC 2.0) Scheme for development of world class infrastructure along with common facilities and amenities through Electronics Manufacturing Clusters (EMCs) that will help India to become the mobile manufacturing hub in the world.
This new policy also advances the Prime Minister Narendra Modi’s vision expressed in the National Policy for Electronics (NPE), 2019 to make India a global hub for mobile and component manufacturing.
It is expected that these EMCs would aid the growth of the ESDM sector, help development of entrepreneurial ecosystem, drive innovation and catalyse the economic growth of the region by attracting investments in the sector, increasing employment opportunities and tax revenues.