Govt announces electronics manufacturing cluster in Maha worth Rs 500 cr
Union Minister Rajeev Chandrasekhar on Monday announced that an Electronics Manufacturing Cluster will be developed in Ranjangaon, Maharashtra, at a cost of Rs 500 crore.
The Electronics Manufacturing Cluster (EMC) is targeted to attract an investment of over Rs 2,000 crore, with a potential to generate thousands of jobs in the coming years.
“To make Maharashtra into an electronics hub, we have approved an Electronics Manufacturing Cluster project in Ranjangaon, Pune. The total investment of the government will be about Rs 500 crore,” Minister of State for Electronics and Information Technology Chandrasekhar said at a briefing.
With this, Ranjangaon (Maharashtra) joins the growing roster of locations such as Tamil Nadu, Noida and Karnataka that are making an aggressive pitch to emerge as a vibrant electronics hub.