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Uttar Pradesh Government’s New Electronics Manufacturing Policy

In order to become a global electronics hub and attract international investors, Uttar Pradesh Government has introduced a new electronics manufacturing policy.

According to an official announcement, the policy aim to invest Rs 40,000 crore in five years and attract four lakh direct jobs.

Noida, Greater Noida and Yamuna Expressway regions have been established as one of the emerging mobile manufacturing hubs in the world which has attracted foreign direct investments from many countries.

The state accounts for more than 60 per cent of all mobile phones manufactured in India.

To further accelerate the electronics ecosystem, the coverage of the new electronics manufacturing policy 2020 has been extended to the entire state from the current electronics manfacturing zones (EMZ) of Noida, Greater Noida and Yamuna Expressway regions.

The incentives proposed in the policy shall be applicable to all units setting up their bases anywhere in Uttar Pradesh, the spokesman said.

To address the regional imbalance, double the rate of land subsidy has been provided to investors for setting up manufacturing units in Bundelkhand and Purvanchal regions.

To promote MSME units in electronics manufacturing, the state government will encourage development of rental facilities on ‘Plug and Play’ model through public-private partnership (PPP) mode.

The state government envisages to create world-class infrastructure in the form of Centers of Excellence (CoEs) to promote research, innovation and entrepreneurship in the ESDM (Electronic System Design and Manufacturing) industry.

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Nitisha Dubey

I am a Journalist with a post graduate degree in Journalism & Mass Communication. I love reading non-fiction books, exploring different destinations and varieties of cuisines. Biographies and historical movies are few favourites.

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