Mccia Electronic Cluster Foundation Mecf

The Ministry of Electronics and Information Technology (MeitY) has announced financial assistance for setting up of Electronics Manufacturing Clusters (EMCs) for promoting Electronics System Design & Manufacturing (ESDM). In Maharashtra, Pune District has been declared as a Brownfield cluster. The scope of the Brownfield cluster under EMC Scheme includes providing financial assistance for the development/ up-gradation of common infrastructure and facilities to enhance the competitiveness of existing units in an area notified as a Brownfield EMC. Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA), initiated a Special Purpose Vehicle (SPV) with objective of promoting the development of EMC by setting up a Common Facility Centre (CFC) in Pune. This CFC will help the electronics industries in Pune and surrounding areas in terms of latest technology, cost competitiveness, faster turnaround time etc. enabling Pune region to become a default destination for electronics design led manufacturing. This will help in developing an entrepreneurial ecosystem, drive innovation and catalyse the economic growth by increasing employment opportunities and tax revenues. COMMON FACILITY CENTRE (CFC) STATUS SPV ‘MECF’ (MCCIA Electronic Cluster Foundation) submitted the Preliminary Detailed Project Report (DPR) and has received Final Approval from Meit Y. MeitY has approved a Grant In Aid of Rs 50 crores and Government of Maharashtra has approved a ‘Financial Assistance’ of Rs 6.7 crores to MECF in Dec 2017. MeitY has granted an extension of one year in Feb 2019.