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Tag: MIDC

  • Electronic Manufacturing Cluster in Au’bad gets govt nod

    NEW DELHI: The the first Brownfield Electronic Manufacturing Cluster (EMC) in Aurangabad under the Electronic Manufacturing Clusters (EMC) scheme has received final approval from the Electronics and Information Technology Ministry.

    India Electronics and Semiconductor Association (IESA), the premier trade body representing the Indian Electronic System Design and Manufacturing (ESDM) industry, is assisting the state in this project. Reinstating their commitment to the Maharashtra region, IESA also announced their foray into Pune by officially announcing their Pune Chapter launch.

    The EMC will not only benefit the local companies by providing them common facilities and R&D support services, but, will also provide a huge boost to the electronics manufacturing in the region. The state government is committed towards the development of the ESDM sector in the state and contribution towards realization of ‘Make in India’ agenda,” Maharashtra Industrial Development Corporation CEO Sanjay Sethi said.

    The Brownfield EMC cluster, located at Shendra Five star Industrial Area, Aurangabad district is expected to have a common facility centre which will include an Electronics Manufacturing Centre, Electronics Design & Test Lab, Modular Cabinet Manufacturing Centre and Skill Development/Training Centre.

    The centre will be spread across a total area of 50,647 sq. ft. and the aggregate cost of the project is estimated at Rs 483.4 million. This particular project is divided into two phases and the Phase 1 has got the final approval to go ahead and is estimated to be completed within the next 12 months. Investment for the Phase 1 is projected at Rs 285.7 million, which includes investment in plant & machinery and park infrastructure. IESA had engaged with Deogiri Electronic Cluster Pvt. Ltd for the preparation of Detailed Project Report (DPR) for the EMC.

    “We aspire to build the city of Aurangabad as the future hub for ESDM in the country. It is a pleasure to be associated with MIDC and IESA in building the common facility centre. We believe that Aurangabad has the potential and will be a key contributor in transforming India into an ESDM hub,” said Suresh Todkar, Director of Deogiri Electronic Cluster Pvt. Ltd. (DECPL).

    IESA Chairman K Krishna Moorthy said, “Our vision is to help digitally transform India and make it the design and manufacturing hub at a global level by strengthening the ESDM ecosystem. We believe that by connecting early with all technology hubs of the nation would give us the ability to make our vision a reality.

    This EMC, now to be set up in a city that was part of the 1st wave of industrial revolution in India many decades ago and thereby having a strong R&D culture in its DNA, will naturally nurture product design and manufacturing in the ESDM industry, I believe. Establishment of the EMC and incubation facility is a visionary step and we appreciate the government of Maharashtra, MIDC and DECPL for their commitment and intense efforts to build a robust electronics development ecosystem in the state.”

  • IBN Lokmat and MIDC launch the second edition of ‘Agenda Maharashtra’

    IBN Lokmat and MIDC launch the second edition of ‘Agenda Maharashtra’

    MUMBAI: Tying back to the Vision for India of tomorrow, ‘Agenda Maharashtra 2015’ is a unique initiative that will aim to track the growth trajectory of the Maharashtra government across different sectors. The 2nd leg of the initiative by IBN-Lokmat will bring top leaders, visionaries and authorities of various sectors on a common platform to share their thoughts on the government’s current initiatives, their impact, and future plan of action.

     

    The discussion will encapsulate all the sectors that have potential to bring the state on the forefront, revive the economy, boost job growth and deliver good governance to the citizens.

     

    IBN Lokmat deputy managing editors Mahesh Mhatre & Mandar Phanse said, “We at IBN Network firmly believe that journalism has to be truly inclusive. As part of this commitment, we are back with Agenda Maharashtra 2015 in association with MIDC.

     

    Agenda Maharashtra 2015 will bring the key stakeholders of the state on one platform to see a recap of the initiatives taken; record the achievements, challenges and opportunities that lie ahead for the government amidst influential personalities, ranging from politicians, bureaucrats to industrialists, among others.” 

     

    Speaking about the initiative, Maharashtra chief minister Devendra Fadanvis in an interview with IBN Lokmat said, “The Maharashtra Government believes in sustainable growth, and that is the reason foreign investors have shown interest in the Public Private Partnerships model, as a part of the Make in India policy. Agenda Maharashtra 2015, is an initiative that hopes to discuss the dream of development right from Agriculture sector to IT sector, and Infrastructure to social development”