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Aparna
Aparna

Aparna

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Aparna
Asked: October 11, 20212021-10-11T20:03:17+05:30 2021-10-11T20:03:17+05:30In: Law

What is Modifi ed Electronics Manufacturing Clusters (EMC2.0) Scheme?

What is Modifi ed Electronics Manufacturing Clusters (EMC2.0) Scheme?

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      [Deleted User]
      2021-10-11T20:05:51+05:30Added an answer on October 11, 2021 at 8:05 pm

      Context:

      The Union Cabinet has approved fi nancial assistance to the Modifi ed Electronics Manufacturing Clusters (EMC2.0) Scheme which would support setting up of both Electronics Manufacturing Clusters (EMCs) and Common Facility Centres (CFCs).

      About:

      • EMC Project would be an undeveloped / underdeveloped geographical area, preferably contiguous, where the focus is on development of basic infrastructure, amenities and other common facilities for the ESDM units.
      • Common Facility Centre (CFC): There should be signifi cant number of existing ESDM units located in the area and the focus is on upgrading common technical infrastructure and providing common facilities for the ESDM units in existing EMCs, Industrial Estates / Parks / Areas.
      • Anchor Unit (s) shall be electronics manufacturing company (ies) with a commitment of purchasing minimum 20% of the saleable / leasable land area in the proposed EMC project for setting up electronics manufacturing facility in the EMC and will give a commitment of an investment of Rs. 300 crore or above.

      Background:

      • Government notifi ed Electronic Manufacturing Clusters (EMC) Scheme in October, 2012 to provide support for creation of world-class infrastructure for attracting investments in Electronics Systems Design and Manufacturing (ESDM) sector.
      • The Scheme was closed for receipt of applications from October, 2017.
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