3 weeks ago

Centre approves Rs 3,000 crore electronics cluster for Chhattisgarh

Centre approves Rs 3,000 crore electronics cluster for Chhattisgarh
EMC 2.0 scheme: Rs 3,000 crore electronics manufacturing cluster approved for Chhattisgarh, 9,000 jobs expected · financialexpress.com

The Indian government said yes to a big new electronics factory park in Rajnandgaon, a district in the state of Chhattisgarh.

A factory park is a special area where companies can build things like computer chips, electric cars, and smart gadgets.

The government will spend about 432 crore rupees to build the roads, power, water, and buildings there.

Companies are expected to bring in more than 3,000 crore rupees to set up their factories.

This should create around 9,000 jobs for people living nearby.

Four big companies have already said they want to join the park.

The leaders hope this will help India make more electronics at home instead of buying them from other countries.

The Chief Minister of Chhattisgarh thanked the Prime Minister for approving the project.

He said local young people will get training so they can work in these new factories.

Key facts

Scheme
EMC 2.0 (Electronics Manufacturing Cluster)
Central financial assistance
Rs 210.56 crore
Estimated project cost
Rs 432.08 crore
Expected investment
Over Rs 3,000 crore
Expected jobs
Nearly 9,000 direct and indirect
Location
Patewa, Rajnandgaon district, Chhattisgarh
Cluster area
Approximately 306.56 acres (about 150.56 acres for industrial plots)
Anchor firms
Four companies in semiconductor, electric-vehicle and smart-electronics sectors, with initial investment of about Rs 365 crore
Developing agency
Chhattisgarh State Industrial Development Corporation

Sources

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