India, June 26 -- The electronics and IT ministry (MeitY) has approved INR 417 Cr electronics manufacturing cluster in Uttar Pradesh's Gautam Buddha Nagar. The project will be developed by the Yamuna Expressway Industrial Development Authority (YEIDA).

The cluster, near the upcoming Noida International Airport, is expected to attract INR 2,500 Cr in investment and create over 15,000 jobs. It will offer ready infrastructure, common facilities, and faster clearances to electronics firms.

Union minister Ashwini Vaishnaw said that the location gives the cluster strong logistics access.

Notably, this is part of the second phase of the Electronics Manufacturing Cluster (EMC 2.0) scheme. The Centre said that around INR 30,000 Cr of investment...