The Centre has approved a Rs 500 crore project to makeRanjangaonin Pune an electronics manufacturing cluster (EMC) in a move that is being seen as an apparent bid to make up forMaharashtralosing back-to-back big-ticket projects to Gujarat.
Announcing the project, junior electronics and IT ministerRajeev Chandrasekharon Monday said the cluster will attract major investments from manufacturers, generate thousands of jobs and put the state in the league of locations that have emerged as vibrant electronics production hubs in the country.
The EMC is targeted to attract an of over Rs 2,000-3,000crore, with the potential to create 5,000-6,000 jobs in the coming years. India is making an all-out effort to position itself as an electronics and tech manufacturing powerhouse and a global partner in supply chains.