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Uttar Pradesh unveils new electronics manufacturing policy, will focus on neglected regions

The Uttar Pradesh government unveiled a new electronics manufacturing policy on Tuesday, where it plans to set up three electronics manufacturing clusters (EMC), three centres of excellence. It also wants to attract investors who can set up semiconductor fabrication units in the state. The policy allows for the creation of a state-level empowered committee which will be chaired by the chief secretary. Projects worth more than Rs 200 crore can be approved by the Cabinet only after this committee recommends it. The government is hoping to attract investments worth Rs 40,000 crore over five years, and create four lakh employment opportunities in Uttar Pradesh. The 2020 policy replaces a 2017 one, which focused primarily on developing the sector in Noida, Greater Noida and the Yamuna Expressway, by declaring these areas as "Electronic Manufacturing Zones". The new policy will be applicable…

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