To boost employment opportunities, attract investment in ESDM sector
Jamshedpur, Dec 12: Jamshedpur would host eastern India’s biggest electronic manufacturing cluster by the end of this year opening doors of investment in the sunrise sector and ushering in employment opportunities and see the region emerging as an electronic hub.
Deputy director Jharkhand Industrial Area Development Authority (JIADA) Adityapur, Prem Ranjan informed that the infrastructure work of the Rs 139-crore Electronics manufacturing cluster (EMC) situated close to the Adityapur Toll Bridge is nearing completion and would be handed over to the state government by end of this year.
“The infrastructure work constructed by private firm Balaji Indicom is nearing completion and we expect handover by the end of this month. We hope to officially inaugurated it soon. It would provide a milestone for the state as it would be eastern India’s biggest (area wise) electronic manufacturing cluster,” informed Prem Ranjan.
Significantly, Jiada is the chief promoter of the Central government funded project coming up on 238 acres of land. In the first phase, 150 units are supposed to be set up, for which plots have already been allotted to entrepreneurs. Of these, 99 will come up in four five-storey blocks.
“We are trying to inaugurate the project through chief minister Hemant Soren in the last week of December. It would not only create employment opportunities for more than 15,000 persons but would attract huge investment in the electronic system design and manufacturing (ESDM) sector,” said a state industry department official.
Companies accommodated in the cluster would have nearly 20 companies exclusively committed towards manufacturing ‘Make in India’ electronic chips. The companies in this cluster can also serve the eastern and north-eastern states of the country, which are relatively unexplored markets when it comes to the ESDM sector witnessing investment to the tunes of crores of rupees.
Significantly, as per the ESDM policy of state announced in 2016-17, Jharkhand is offering necessary reimbursement to every employee of a company that uses Jharkhand manpower aimed at increasing the employment of residents of the state.
Sources in Jiada informed that two companies have already established their set-ups, plots of 52 companies are already ready along with administrative building and trade pavilion. It will also have a warehouse, truck parking facilities. Apart from chips it would also see manufacturing of LED TVs, LED bulbs and electronics parts used in mobile and automobiles.
Significantly, the construction work on the EMC began in 2017.
“Work is being completed on a war footing at EMC near Adityapur Toll Bridge. Networks of road have been constructed, proper sewerage and drainage system has been laid along with street lights. Proper facility for water storage has also been made so that manufacturing units do not face any problems,”said Iqbal Alam Ansari deputy commissioner Seraikela-Kharsawan and director JIADA.