Maharashtra’s First EMC To Attract Rs 2,000 Cr Investment, 5K Jobs

Centre on Monday approved the greenfield Electronics Manufacturing Cluster (EMC) with the project cost of Rs 492.85 crore to be set up in Ranjangaon Phase III, near Pune in Maharashtra.

The EMC at Ranjangaon, Pune is expected to attract investments to the tune of over Rs 2,000 crore in the near future and generate employment for over 5,000 people.

Making the announcement, the Minister of State for Electronics & Information Technology and Skill Development & Entrepreneurship, Rajeev Chandrasekhar said, “We already have EMCs in Noida, Tirupati, Karnataka and Tamil Nadu - wherein both multi-national companies and Indian startups have set up their units. The Government of India is the enabling partner in these EMCs and it is working in tandem with the state governments to make these EMCs a catalyst for the electronics manufacturing in the state.” 

The approval for the EMC was given to Maharashtra Industrial Development Corporation (MIDC) and the State government’s State Industrial Agency.

MoS Chandrasekhar also announced that the Ministry of Electronics and IT plans to give a boost to the 1,000 crore Semicon India Future Design programme to support Semiconductor Design Startups in the state and shall soon visit Maharashtra for a roadshow. He informed that C-DAC, Pune shall be the nodal office for this purpose.