STOCK MARKET BSE NSE

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.

Stay up to date on all the latest Tamil Nadu news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp