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MeitY approves setting up of common facility centre in Brownfield electronics cluster, Aurangabad

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A Common Facility Centre (CFC) will soon be set up in the Brownfield Electronics Cluster in Aurangabad comprising of comprise of facilities such as Electronics Design & Testing, Training & Innovation, Electronics Manufacturing & Modular Cabinet Design & Prototyping.

MeitY, Brownfield, electronics cluster, Aurangabad, india

Chamber of Marathwada Industries and Agriculture (CMIA) today said it has received final approval by Union Ministry of Electronics & Information Technology (MeitY) for setting up of Common Facility Centre (CFC) in Brownfield Electronics Cluster at Shendra Five Star MIDC, Aurangabad, under Electronics Policy of Government of India.

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After successful implementation of Marathwada Auto Cluster (MAC), CMIA took initiative to start Brownfield Electronics Cluster as per Government of India’s Electronics policy.

CMIA is pursuing this matter for last 3 years and this will certainly help in attracting new investment in the Maharashtra State.

This project will be established by CMIA as ‘Deogiri Electronics Cluster Pvt Ltd’ on 2 acres land at MIDC, Aurangabad.

The total project cost estimated is Rs.50 crore and in the first phase of Rs.28.58 crore is sanctioned by (MeitY). 75% of the project is being funded  by the Government of India, 10% by Government of Maharashtra and 15% equity contribution by Special Purpose Vehicle (SPV) of Deogiri Electronics Cluster Pvt Ltd.

Deogiri Electronics Cluster Pvt Ltd’ Common Facility Centre (CFC) will comprise of the facilities viz.; Electronics Design & Testing, Training & Innovation, Electronics Manufacturing & Modular Cabinet Design & Prototyping.

By Baishakhi Dutta

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