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IESA gets nod for electronic cluster in Odisha

Tuesday, 17 Jun 2014
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India Electronics and Semiconductor Association (IESA) has received in-principal approval from the Department of Electronics & Information Technology (DeitY), to set up a greenfield electronic manufacturing cluster (EMC) in Odisha. 


The approval has been obtained under the Electronic Manufacturing Clusters Scheme of DeitY, to set up a plant in association with the government of Odisha. The proposed unit will come up at Harapur, Gaudakasipur and Durgapur village of Khurda district.


The total investment in the cluster is projected at Rs 979 crore, including investment by individual units in plant, machinery and park infrastructure. DeitY will provide 50 per cent of the project cost subject to a ceiling of Rs 50 crore for every 100 acre of land.


IESA has engaged Infrastructure Leasing & Financial Services (IL&FS) clusters to prepare a detailed project report for the proposed EMC Park.


The project will include common facilities for production support services like tool room, test and measurement labs, incubation centre, training centre, and will have provisions for common infrastructure support like power and water for potential investors.

 

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