September 2020: Imagined Innovation For Student Empowerment) Portal
September 2020: Imagined Innovation For Student Empowerment) Portal
September 2020: Imagined Innovation For Student Empowerment) Portal
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September 2020
Key Features
● Through this policy, the state government will promote MSME units in
electronics manufacturing.
● This is to be achieved through rental facilities on the “Plug and Play”
model.
● The Uttar Pradesh government will establish three Electronics
Manufacturing Clusters.
○ These clusters will focus on the manufacturing of medical
equipments, consumer durables, mobile phones, defence equipments
and IT hardware etc.
● This policy also envisages to create world class infrastructure through
Centres of Excellence, innovation and entrepreneurship in Electronic System
Design and Manufacturing.
● The investors will be eligible for capital subsidy of 15%. For the investments
that are more than Rs 1,000 crores, additional capital subsidy of 10% is to be
provided.