KINFRA Greenfield Electronics Manufacturing Cluster gets final approval


Trivandrum: The Ministry of Communication and Information Technology (MCIT), Government of India, has given the ‘Final Approval’ clearance for the proposal submitted by Kerala Industrial Infrastructure Development Corporation (KINFRA) to set up a Greenfield Electronics Manufacturing cluster of international standards at Kakkanad in Ernakulam under the ‘Make in India – Make in Kerala’ project.

The decision came from the steering committee meeting chaired by the Secretary, Department of Electronics & Information Technology, MCIT; and attended by Dr M Beena IAS, Managing Director, KINFRA and G Sunil, Manager (Technical) KINFRA.

KINFRA has identified around 67 acres of land at Ernakulam, which is having easy access by Road to Airport as well as Seaport. The identified land is adjacent to the already existing Industrial Park and can avail all the existing facilities. KINFRA is in possession of the said land and proposes to set up Electronic Manufacturing Cluster (EMC) with the aim to provide necessary infrastructure required to set up export based Electronic Manufacturing industries. The units that will come up in the Cluster will be eligible for the privileges under M-SIP (Modified Special Incentive Package) Scheme. KINFRA is planning to execute the EMC Project in a phased manner.

A Detailed Project Report (DPR) has been prepared for the Rs. 157 crores Electronics Manufacturing Hub by KINFRA. The Union Government will provide Rs. 50 crores as grant. KINFRA will spearhead the development of infrastructure facilities of developed land, power, continuous water supply and communication facilities.

The target beneficiaries at the cluster are: manufacturers of Desktops, Laptops, Notebooks, Netbook Computers and Tablet PCs, Telecom Equipment, Mobile handsets, parts and accessories, Consumer Electronics, Colour TV Sets, Set Top Boxes, Lighting – LEDs, CFLs, LED Packaging, Liquid Crystal Displays (LCDs), Industrial Electronics, Semiconductors and ATMP Memories, Electronic components, Solid State Memory Products – Memory Cards, USB drives and Electronics Manufacturing Services.

The Kerala Government has formulated a liberal industrial policy for the investors. The policy has been devised in such a way that it can open the gateway for global opportunities for business expansion, to utilise the talent and skills of a young, vibrant and huge workforce in assimilation of technological advancements.

Kerala Biz News


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