1 year ago
Hubballi-Dharwad to Get Electronics Manufacturing SEZ
The government is creating a special area called a Special Economic Zone (SEZ) in Hubballi, India, for making electronics.
This SEZ, which will be built by Aequs Infra, will help factories make more electronic products.
It's like a special zone designed to boost the electronics industry in the Hubballi-Dharwad area.
The government hopes this will create more jobs and make Hubballi a major place for electronics manufacturing.
Minister Pralhad Joshi is excited because this development is expected to bring economic growth to the region.
Union Minister Pralhad Joshi welcomed the central government's announcement of an SEZ for electronic components.
The SEZ will be established by Aequs Infra's Hubballi Durable Goods Cluster Pvt Ltd.
28 acres of land out of the total 391 acres in the cluster have been declared as the SEZ.
The SEZ aims to boost electronic product production in the Hubballi-Dharwad industrial area.
The SEZ is expected to transform Hubballi into a global electronics manufacturing hub.
- Who
- Aequs Infra's Hubballi Durable Goods Cluster Pvt Ltd, with support from Union Minister Pralhad Joshi and the central government.
- What
- A Special Economic Zone (SEZ) for electronic components.
- Where
- Hubballi-Dharwad industrial area in North Karnataka.
- When
- Announced recently, with the SEZ formally notified in the gazette.
- Why
- To boost production of electronic products and transform Hubballi into a global electronics manufacturing hub.
Key facts
- SEZ Operator
- Aequs Infra's Hubballi Durable Goods Cluster Pvt Ltd
- Location
- Hubballi-Dharwad, Karnataka
- Land Area Declared as SEZ
- 28 acres
- Total Land in Cluster
- 391 acres
- Focus
- Electronic components manufacturing
- Key Supporter
- Union Minister Pralhad Joshi
Quotes
Pralhad Joshi
Union Minister of Consumer Affairs, Food and Public Distribution and New and Renewable Energy
“Recognising the need for electronics manufacturing in this region, I had requested the Union Minister of Commerce and Industry, Piyush Goyal, to approve it.”
NDTV
“With its strategic location and skilled workforce, Hubballi-Dharwad is ready for rapid industrial growth, quality job creation, and economic progress.”
NDTV
