The progressing State, Andhra Pradesh, got approval from Government of India to open first of its kind Electronic Manufacturing Cluster (EMC).
In 2015 in Andhra Pradesh, the first exclusive mobile and electronic manufacturing cluster was announced in Renigunta of Chittor District nearer to Tirupathi. Renigunta was a strategic location for both Chennai and Banglore also apart from Amaravati, the State Capital. A Special Purpose Vehicle (SPV) called Sri Venkateswara Mobiles & Electronics Manufacturing Hub Private limited, is formed in 2015 and the foundation stone was laid for this EMC by the Prime Minister Narendra Modi on November 25, 2015.
The Government of India through Ministry of Electronics and Information Technology announced in the year 2012 about setting up of Green Field Electronic Manufacturing Clusters (EMC) in India with grant-in-aid for establishing such clusters.
Accordingly, the SPV company has applied for final approval of the project with the 3 big Indian Mobiles Manufacturers which came forward to establish their units such as, M/s. Celkon Impex Private limited, M/s. United Tele links Private limited (KARBON) and M/s. Sojo International Private limited (lAVA). To serve these three main companies an anchor unit was also formed in the flag name of Seven Hills Digital Park Private limited, which will be involved in manufacturing of accessories to mobile phones and other related electronic equipments. Chief Minister Nara Chandra Babu Naidu has allotted 113.27 acres of land for this cluster through APIIC.
“The EMC with an Investment of `104 crore will create more than 50, 000 jobs in the cluster directly or indirectly”, the State’s IT Minister, lokesh, said, “We thank Central Minister Raghuvamsh Prasad for giving approval and We highly solicit the cooperation and support from all the concerned department officials across the Government of Andhra Pradesh”.
The EMC basically designed for providing facilities and amenities and congenial eco system for manufacturing of mobiles and allied products.