Centre okays Rs 5 bn to make Ranjangaon electronics hub
ECONOMY & POLICY

Centre okays Rs 5 bn to make Ranjangaon electronics hub

The Central government has approved a Rs 5 billion project to make Ranjangaon in Pune an electronics manufacturing cluster, a move that is being seen as an attempt to make up for Maharashtra losing back-to-back big-ticket projects to Gujarat.

Announcing the project, Union Minister of State for Electronics and IT Rajeev Chandrasekhar said this week the cluster will attract major investments from manufacturers, generate thousands of jobs and put the state on par with other electronics production hubs in the country.

The announcement came amid a political slugfest over mining giant Vedanta switching to Gujarat for its Rs 1.53 trillion chip factory and Maharashtra also losing out to the neighbouring state on the Rs 220 billion Tata-Airbus transport aircraft plant.

While former Maharashtra minister Aaditya Thackeray has criticised the Eknath Shinde-led government for letting go of these projects, Maharashtra Chief Minister Shinde has stated that Prime Minister Narendra Modi and Home Minister Amit Shah have assured big projects for the state.

“To make Maharashtra into an electronics hub, we have approved an Electronics Manufacturing Cluster project in Ranjangaon, Pune. The total investment of the government on this EMC will be about Rs 500 crore,” Chandrasekhar said at a briefing.

See also:
Centre releases Rs. 1764 Cr grant for four states
PM Modi to launch projects worth 156.70 bn on Gujarat visit


The Central government has approved a Rs 5 billion project to make Ranjangaon in Pune an electronics manufacturing cluster, a move that is being seen as an attempt to make up for Maharashtra losing back-to-back big-ticket projects to Gujarat. Announcing the project, Union Minister of State for Electronics and IT Rajeev Chandrasekhar said this week the cluster will attract major investments from manufacturers, generate thousands of jobs and put the state on par with other electronics production hubs in the country. The announcement came amid a political slugfest over mining giant Vedanta switching to Gujarat for its Rs 1.53 trillion chip factory and Maharashtra also losing out to the neighbouring state on the Rs 220 billion Tata-Airbus transport aircraft plant. While former Maharashtra minister Aaditya Thackeray has criticised the Eknath Shinde-led government for letting go of these projects, Maharashtra Chief Minister Shinde has stated that Prime Minister Narendra Modi and Home Minister Amit Shah have assured big projects for the state. “To make Maharashtra into an electronics hub, we have approved an Electronics Manufacturing Cluster project in Ranjangaon, Pune. The total investment of the government on this EMC will be about Rs 500 crore,” Chandrasekhar said at a briefing. See also: Centre releases Rs. 1764 Cr grant for four states PM Modi to launch projects worth 156.70 bn on Gujarat visit

Related Stories

Gold Stories

Next Story
Real Estate

A Concrete Statement in Jubilee Hills

The Jubilee Hills residence is an exploration of structure as architecture, where mathematical precision, exposed concrete, and engineering discipline come together to create a bold and enduring built form.Constructed with Blushfarbe, HAACE’s bespoke concrete finish, the project demanded exceptional control, as every visible structural element was also required to perform as the final architectural surface. Deep reinforced concrete roof frames extend into the vertical façade, while precision-cast fluted surfaces, rhythmic vertical fins, circular columns, and a cantilevered staircase create ..

Next Story
Infrastructure Energy

Hindustan Zinc raises renewable power share to 22 per cent

Hindustan Zinc has increased the share of renewable energy in its overall power consumption to 22 per cent, up from around 18 per cent in FY26, as it advances towards sourcing 70 per cent of its power requirements from renewable sources by FY28.During FY26, the company generated 892 million units of green power, up from 632 million units in FY25. It has also expanded its round-the-clock renewable power arrangement with Serentica Renewables from 450 MW to 530 MW to support the transition.Hindustan Zinc is strengthening its renewable energy portfolio through solar, wind and energy storage soluti..

Next Story
Resources

Crompton unveils new brand identity and super-premium platform

Crompton Greaves Consumer Electricals Ltd. has unveiled a new master brand identity as part of its Crompton 2.0 transformation, alongside the launch of its super-premium brand Crompton Rhion and the strengthening of its Energion platform.The refreshed identity introduces Cephyr, a new emblem inspired by sapphire and Zephyrus, the Greek wind, representing Crompton’s evolution towards a design-led, consumer-centric brand. The new brand promise, ‘Amazing, Every Day’, is supported by a new sonic identity that will be rolled out across advertising, digital platforms, products and retail envir..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement