The Andhra Pradesh Industrial Infrastructure Corporation (APIIC)
had already sent a Detailed Project Report (DPR) to the concerned authorities
for their approval for setting up the EMC. In all probability the DPR will be
finalized by the union telecom and IT ministry in a couple of months.
APIIC which is the nodal agency to develop EMCs in the state
had identified around 100 acres near Jaganandhapuram in Parawada in the
district. Of the Rs 200 cr needed to develop the cluster union government would
extend the financial assistance of about Rs 50 cr. And the remaining would be borne by the state
agencies. It needs around Rs 114 cr only to create infrastructure for the EMC.
As part of under National Telecom Policy 2012, Vizag,
Srikakulam and Ranga Reddy districts were identified in the state to get four
EMCs. Ranga Reddy district would get two such clusters.
Taking a cue from China and Taiwan, where government provide support for electronic
manufacturing companies, union government had decided to set up these clusters
in the backdrop of software exports coming under increasing pressure due to
slowdown in the largest economies.
Under the EMC scheme the government will provide aid to
special purpose vehicles to set up such clusters. At present, the size of the
electronics industry in the country is estimated at $45 billion and according
to the union government it is expected to go up to $400 billion by 2020, almost
10 times more.
“We have already earmarked 100 acres in Parawada which can
accommodate around 20 to 25 electronics manufacturing companies. Plots are
divided into sizes of one acre to 5 acres. Since the land is already in the
possession of the APIIC we can issue a notification calling for interested
parties as soon as we get approval from the union government for the DPR we
have submitted recently. Two clusters in Ranga Reddy district are at the
advanced stage of completion. After Vizag we will begin work at Srikakulam,”
APIIC zonal manager, Yethiraj told this correspondent.
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