Electronics Cluster Of Rs. 539 Cr Project Cost To Come-up In Greater Noida

Lucknow, April 24 (KNN) The central government has approved the establishment of Uttar Pradesh's first electronics manufacturing cluster in Greater Noida, marking a significant milestone for the state's industrial development.

The cluster will span 206 acres in the Yamuna Expressway Industrial Development Authority (YEIDA) area and is positioned to become a technological power center for electronic goods production.

According to Alok Kumar, Principal Secretary, Infrastructure and Industrial Development, this development aligns with the state government's vision to transform Uttar Pradesh into a hub for electronics manufacturing.

The central government's approval of the state's proposal represents a crucial step toward achieving this objective.

The cluster, which will be developed in YEIDA's Sector 10, comes with a total project cost of Rs 539 crore.

Funding will be provided through a combination of Rs 144.48 crore from the central government and Rs 393.90 crore from YEIDA.

Construction is scheduled to commence on July 1, with completion targeted within a three-year timeframe.

The facility will specialize in manufacturing mobile phones, computers, and various other electronic products.

Beyond production capabilities, the cluster will feature comprehensive infrastructure including a meeting hall, hostel accommodations, skill training center, and business center.

These facilities are designed to support workers through both housing and professional development opportunities.

In a significant private sector commitment to the initiative, Havells India Limited has announced an investment of Rs 800 crore in the cluster, further strengthening the project's economic foundation and industrial potential.

(KNN Bureau)