In order to promote Make in India, UP Chief Minister, Yogi Adityanath has released an Electronics Manufacturing Policy for his state. Under the new policy, NOIDA, Greater NOIDA, and the Yamuna Expressway region will partake as electronic manufacturing zones.
“To develop the state as the hub of electronics manufacturing, a new policy has been released under which the units set up in this zone will be eligible for claiming necessary benefits,” Deputy Chief Minister Dinesh Sharma, who holds the IT and Electronics portfolios said to news agency PTI.
Sharma was optimistic that the new policy will give a substantial impetus to the indigenous manufacturing of electronic items and components in the state of UP, and will eventually create a number of jobs too. The ultimate motive of the UP government behind the new policy is to make Uttar Pradesh as an attractive investment destination for domestic and foreign companies.
The target of the policy is to attract investments worth Rs 20,000 crore in the ESDM sector and 3 lakh jobs by 2022, he said.
An electronics mission directorate will also be set up for the successful implementation of this policy which will have a mission director, deputy director, and other staff, the minister added.