UP to sign MoUs of Rs 5,000 cr for electronics manufacturing

Deals to be inked with Spice Group, Lava International among others; will create jobs for 50,000

Seeking to capitalise on the UP Electronics Policy 2014 aimed at boosting manufacturing sector, Memorandum of Understanding (MoU) worth over Rs 5,000 crore are likely to be signed at ‘e-Uttar Pradesh 2015’ here on Tuesday.

The second edition of the flagship event of UP IT & Electronics department would be inaugurated by chief minister Akhilesh Yadav.

The MoUs would be signed with leading private sector electronics and IT giants and consortiums for setting up greenfield and brownfield fabrication units.

MoUs with Indian Cellular Association (ICA), Electronics Industry Association of India (ELCINA) and India Electronics & Semiconductor Association (IESA) would be worth Rs 3,000 crore for proposed investment in Electronic Manufacturing Clusters (EMC) at Yamuna Expressway and Greater Noida regions. These projects would generate direct & indirect employment opportunities of over 50,000.

Besides, the state would be signing MoUs with Spice Group for Rs 500 crore for mobile handset components manufacturing at proposed location at Modipur (Rampur) and Lava International for Rs 600 crore. Similar agreements would be signed with EON Electric (Rs 200 crore), Pacetel System (Rs 500 crore), etc.

Addressing the media here last evening, UP principal secretary IT and Electronics Jeevesh Nandan said UP was on course to becoming an important manufacturing hub following the new policy announced last year, which laid emphasis on partnering with the private sector.

“The land for most these proposed projects have already been identified and things would start moving soon for the actual spade work on them,” he added.

After the signing of MoU, the detailed project report (DPR) would be prepared for individual projects.

The state government is emphasising on e-governance, including m-governance, Virtual IT cadre and paperless secretariat.One of the key initiative, e-village has been launched to provide Over the counter (OTC) government services to citizens. e-district has been rolled out in 21 districts apart from 6 pilot districts in UP. There have been almost 140 million e-transactions done in 2014.

An IT City is being developed in Lucknow by the HCL Group. IT Parks have also been planned in other places as well, including Agra, Meerut, Gorakhpur etc.