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Kinfra's proposal to develop an electronics manufacturing hub in Kochi has received in-principle approval from the Department of Electronics & IT Industry.
Senior officials told Business Line that the detailed project report have to be submitted for getting the final approval to set up the electronics manufacturing cluster (EMC) with quality infrastructure matching international standards in the 75 acres owned by Kinfra in Kakkanad.
The project with an outlay of ₹250 crore is intended to create an industrial park with all modern facilities exclusive for electronics industry. The project is to be developed with financial assistance from the Centre under the Electronics Manufacturing Cluster scheme, the officials said.
Kerala, with its vast talent pool consisting of engineering graduates/post-graduates and those with diploma in electronics, will present an attractive proposition to electronics manufacturing industry.
Kochi is also the centre of one of the largest exporters of electronics industry. The completion of the project would help attract investments to the State as well as create more job opportunities.
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