Modified Electronics Manufacturing Clusters (EMC 2.0) Scheme
With the aim to establish India as an Electronics Manufacturing Hub, Modified Electronics Manufacturing Clusters Scheme, otherwise known as EMC 2.0 has been notified (refer Gazette Notification No.CG-DL-E-01042020-218991 dated April 01, 2020). The objective of this scheme is to ensure quality infrastructure and development of robust Electronics Manufacturing Ecosystem through counterpoising and addressing the disabilities and challenges faced by industries in the country.
This can be accomplished by providing assistance for the creation of world class infrastructure in addition to basic facilities and amenities like Ready BuildFactory (RBF) sheds & Plug and Play facilities. This helps in attracting Electronics Manufacturers and their supply chain units from around the globe to set up units in India.
The Electronics Manufacturing Clusters Scheme will also play a crucial role in solidifying the connection between the domestic and International market by strengthening the responsiveness of the supply chain and the consolidation of suppliers. It also helps reduce the time-to-market,decrease the cost for logistics and more!
Through providing financial assistance, the EMC 2.0 Scheme can help set up EMC projects as well as Common Facility Centres (CFCs) throughout the country. From the date of notification, the application receipts for the Scheme will remain open for the duration of 3 years. If the project is approved, then the disbursement of the funds will occur over a span of 5 years.
The Project Implementing Agency (PIA) shall make an application which can be State Government or State Implementing Agency (SIA) or Central Public Sector Unit (CPSU) or State Public Sector Unit (SPSU) or Industrial Corridor Development Corporation (ICDC) such as DMICDC, etc.
Any application received by the Project Management Agency (PMA) under the EMC 2.0 Scheme shall be reviewed and considered by the Project Review Committee (PRC) who will then provide their recommendations to the PMA regarding the approval or rejection of the project(s).
This can be accomplished by providing assistance for the creation of world class infrastructure in addition to basic facilities and amenities like Ready BuildFactory (RBF) sheds & Plug and Play facilities. This helps in attracting Electronics Manufacturers and their supply chain units from around the globe to set up units in India.
The Electronics Manufacturing Clusters Scheme will also play a crucial role in solidifying the connection between the domestic and International market by strengthening the responsiveness of the supply chain and the consolidation of suppliers. It also helps reduce the time-to-market,decrease the cost for logistics and more!
Through providing financial assistance, the EMC 2.0 Scheme can help set up EMC projects as well as Common Facility Centres (CFCs) throughout the country. From the date of notification, the application receipts for the Scheme will remain open for the duration of 3 years. If the project is approved, then the disbursement of the funds will occur over a span of 5 years.
The Project Implementing Agency (PIA) shall make an application which can be State Government or State Implementing Agency (SIA) or Central Public Sector Unit (CPSU) or State Public Sector Unit (SPSU) or Industrial Corridor Development Corporation (ICDC) such as DMICDC, etc.
Any application received by the Project Management Agency (PMA) under the EMC 2.0 Scheme shall be reviewed and considered by the Project Review Committee (PRC) who will then provide their recommendations to the PMA regarding the approval or rejection of the project(s).
