Electronic Manufacturing policy announced by Tamil Nadu government
Tamil Nadu which is way behind neighboring states in IT and IT related
industries today launched an ambitious electronic and hardware manufacturing
policy which is intended to increase the output from the state to one hundred
billion US dollars in the next five years.
The policy was unveiled by the state chief minister Edapady K Palaniswamy
at a function here on September Seventh.
The policy is expected to provide adequate infrastructure and supporting
ecosystem to Electronic System Design and Manufacturing (ESDM) companies and
attract global majors to invest in Tamil Nadu
The new policy plans
to develop the semiconductor fabrication (FAB) industry
With the goal of contributing 25 per cent of India’s total electronic
exports by 2025, the new policy plans to develop the semiconductor fabrication
(FAB) industry, where devices such as Integrated Circuits (IC) chips are set to
be manufactured, in the state. Indications are that the state is already on the
way to attract at least two major FAB investments in the next three years.
Aligned to the National Policy of Electronics 2019, the state will provide
special support for developing core competencies in many electronics related
works like Semiconductor fabrication (FAB), Assembly etc. The state will also
provide support to Consumer Electronics and Appliances; Strategic Electronics;
Renewable Energy Electronics; Electronic Manufacturing Services (EMS);
Electronic Components Manufacturing; Electronics Test and Calibration Labs and
Electronics Product Design and IP registration.
to units in the electronic manufacturing industry
Incentives are being offered to units in the electronic manufacturing
industry by the state government for investments made from January 1, 2020. The
incentives will be based on the districts where the investment takes place.
The state is also planning to establish a statewide Hardware Product
Innovation Network consisting of several standalone centres operating in a
hub-and-spoke model. The state will
establish Mini Electropreneur Centre (MiEC) which shall be set up by ELCOT in
each of the existing and future ELCOSEZs to scale up the footprint of innovation
activities to further boost the generation of new hardware and electronics
systems, products and solutions.
The eight existing ELCOT SEZs are Sholinganallur in Chennai, Vilankurichi
in Coimbatore, Ilandhaikulam and, Vadapalanji in Madurai, Navalpattu in
Tiruchirappalli, Gangaikondan in Tirunelveli, Jagirammapalayam in Salem and
Viswanathapuram in Hosur.