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


Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

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

Next Story
Real Estate

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

Next Story
Infrastructure Transport

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Next Story
Infrastructure Transport

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?