Bhubaneswar based Info-valley Electronic Manufacturing Cluster in Odisha state supported by India Electronics and Semiconductor Association (IESA), a premier trade body representing the Indian Electronic System Design and Manufacturing (ESDM) industry, has received an in-principle approval from the Department of Electronics and Information Technology (DeitY), Government of India.
The upcoming greenfield Electronic Manufacturing Cluster (EMC) in Odisha is a part DeitY’s Electronic Manufacturing Clusters Scheme. The new cluster, spreads across three locations Harapur, Gaudakasipur and Durgapur village of Khurda district is expected to house over 100 electronics manufacturing units.
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The project has an employment potential of 10,000 – 12,000 jobs, which will be a mix of skilled and semi-skilled personnel. The cost of the project is estimated at Rs. 209.64 crore and the aggregate investment in the cluster is projected at Rs. 979 crore, which includes investment by individual units in plant, machinery and park infrastructure. IESA has engaged IL&FS Clusters for the preparation of detailed project report (DPR) for the proposed EMC Park.
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Vishal Kumar Dev, CMD, IDCO (Odisha Industrial Infrastructure Development Corporation) said, “The sector holds tremendous potential in the state as per the strategic road map for the ESDM sector submitted by IESA. The state government is committed towards the development of the sector in the state and both IDCO & OCAC (Odisha Computer Application Centre) are lending admirable support for the project. In addition to this, the state government is providing attractive incentives for the ESDM sector under the recently announced state IT policy-2014.”
Commenting on the engagement, M.N. Vidyashankar (IAS), President, IESA stated, “We are elated with the Government of India’s decision to give the in-principle approval for the Info-valley EMC project which would provide a huge boost to electronics manufacturing and job creation in Odisha. We had earlier submitted a report to the State government on developing the strategic roadmap for ESDM sector in the state and are now supporting the state in seeking approval and funding for the Greenfield EMC project under the EMC Scheme of DeitY, Government of India.”
The proposed greenfield cluster will encompass common facilities for production support services like tool room, test & measurement labs, incubation and training centres, and also would have provisions for common infrastructure support like power, water and ETP for the potential investors.
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