With the UP EMP 2014, the state government targets to establish a conducive business environment for electronics manufacturing industry and its allied business partners within the state. The policy is also with the target to provide special thrust for Micro, Small and Medium Enterprise (MSME) businesses in range from INR 1-200 crore. However, investment of more than 200 crore shall be considered on case to case basis and shall be dealt separately through empowered committee. The Policy targets the establishment of Electronics Manufacturing Clusters in the state along with the electronics manufacturing companies in the coming EMCs. The EMCs are expected to support upcoming FAB units in terms of upstream & downstream to complete the entire value chain of the electronic manufacturing industry.
The primary objective of the policy is:
- Establishment of Electronics Manufacturing Clusters in the state
- To capitalize on the upcoming FAB unit in order to attract maximum investment in Electronics Manufacturing sector in the state
- To promote and develop employment opportunities within the state
- Augmentation of Gross State Domestic product(GSDP) of Uttar Pradesh