Govt approves Rs 417 crore electronics manufacturing cluster in UP; set to create 15,000 jobs

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The government on Wednesday approved a Rs 417 crore electronics manufacturing cluster (EMC 2.0) to be set up at Gautam Buddha Nagar in Uttar Pradesh, aimed at boosting local innovation and manufacturing.

The cluster is expected to attract investment of Rs 2,500 crore, the electronics and information technology ministry said in a statement.

It will support manufacturing in consumer electronics, automotive and industrial electronics, medical devices, computer hardware and communication equipment.

“The project will lead to the creation of world-class…



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Govt approves Rs 417 crore electronics manufacturing cluster in UP; set to create 15,000 jobs



The government on Wednesday approved a Rs 417 crore electronics manufacturing cluster (EMC 2.0) to be set up at Gautam Buddha Nagar in Uttar Pradesh, aimed at boosting local innovation and manufacturing.

The cluster is expected to attract investment of Rs 2,500 crore, the electronics and information technology ministry said in a statement.

It will support manufacturing in consumer electronics, automotive and industrial electronics, medical devices, computer hardware and communication equipment.

“The project will lead to the creation of world-class…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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