Business
Maharashtra: Centre Approves Electronics Manufacturing Cluster At Ranjangaon In Pune District
Deputy CM of Maharashtra Devendra Fadnavis (Shankar Narayan/Hindustan Times )
The Central government has approved an Electronics Manufacturing Cluster (EMC) at Ranjangaon in Pune district under National Policy on Electronics, Maharashtra's Deputy Chief Minister Devendra Fadnavis said on Monday (31 October).
Fadnavis said that the cluster will create robust electronics manufacturing ecosystem in Maharashtra.
He further informed that the electronics manufacturing clusterat Ranjangaon will be spread across 297.11 acre and Rs 492.85 crore will be spent on its development, which will include Rs 207.98 crore as Centre's contribution.
This EMC is targeted to attract Rs 2,000 crore investment and to generate 5000 employment opportunities, the Maharashtra Deputy CM said.
The project, approval for which has been accorded by the Centre, is expected to be ready in 32 months.
Union Minister of State for IT and Electronics Rajeev Chandrasekhar had earlier in the day announced the establishment of the EMC at Ranjangaon Phase-III, Pune.
The EMC at Ranjangaon will target units of industrial electronics, consumer electronics, solar PV manufacturing, E-Mobility products/components etc, Fadanavis said.
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