West Bengal to set up two EMCs

Kolkata: The West Bengal government will set up two electronics manufacturing clusters (EMCs) at Falta in South 24 Parganas and at Naihati in North 24 Parganas, an official said on Tuesday. "We will set up two new electronics manufacturing clusters at Falta and Naihati with a cost of Rs 58 crore each. About 58 acres of land has been allotted to the Falta project and the latter will be set up over 70 acres of land," said West Bengal Electronics Industry Development Corporation's (Webel) Executive Director (Finance) Aninda Chatterjee. "The Falta project has already been approved by Department of Electronics and Information Technology (Deity) and for the Naihati project, we have got in-principle approval last week but final approval is yet to receive," he said. Webel, the state government agency responsible for technology development, will propose to the state government to create a VC fund with a corpus of Rs 10 crore. "We will propose to create the VC fund with a corpus of Rs 10 to promote start-up ecosystem. It is in a conceptualise stage," Chatterjee said at the ICTE B2B Linkages organised by CII. He said nine IT (Information Technology) parks have been completed. Two will be completed shortly and another five parks are in the various stages of construction.