Shot in the Arm for New Entrepreneurs

Published: 21st December 2014 05:47 AM  |   Last Updated: 21st December 2014 05:47 AM   |  A+A-

VELLORE: Stakeholders representing industries and venture capitalists formed a Task Force to strengthen electronic and allied ancillary industries and to enable entrepreneurs to set up new electronic units in the district. This will fulfil the mission of the formation of Electronic Manufacturing Cluster (EMC).

The EMC scheme supports creation of world-class infrastructure for attracting investments in the Electronics Systems Design and Manufacturing Sector.

VIT chancellor G Viswanathan, who chaired the meeting forming the Task Force, said that Vellore was well poised to emerge as an electronic hub being well connected and blessed with human resources. “It is time to focus on promoting electronic manufacturing units by making use of the incentives and support extended by the Government of India,” he noted. He also volunteered to extend technical support from the VIT University to train manpower, liaison with various agencies to realize the mission.

The Department of Information Technology had recently notified Vellore district as a Brown field electronic cluster.

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