Wed Jun 25 23:55:00 UTC 2025: Here’s a summary of the text, followed by a news article based on that summary:

**Summary:**

The Union Government of India has approved a ₹417 crore (approximately $50 million USD) Electronics Manufacturing Cluster (EMC) project in Gautam Buddha Nagar (GB Nagar), Uttar Pradesh, under the EMC 2.0 scheme. The Yamuna Expressway Industrial Development Authority (YEIDA) will develop the project. The government anticipates the project will create world-class infrastructure, 15,000 jobs, and further stimulate the economy. The location is strategically positioned with good connectivity to road, rail, and air transport. The government is working closely with the state government to ensure speedy execution of the project with funds disbursed up to April 2028.

**News Article:**

**Noida Set to Become Electronics Manufacturing Hub with ₹417 Crore Project**

**NEW DELHI, June 26, 2025** – The Union Government announced Wednesday the approval of a ₹417 crore Electronics Manufacturing Cluster (EMC) in Gautam Buddha Nagar (GB Nagar), Uttar Pradesh. This project, operating under the EMC 2.0 scheme, is expected to significantly boost the region’s economy and create a substantial number of jobs.

The Yamuna Expressway Industrial Development Authority (YEIDA) will spearhead the development of the EMC, which aims to establish world-class infrastructure for electronics manufacturing. The government anticipates the project will generate approximately 15,000 jobs and attract further investment in the sector.

“This project will lead to the creation of world-class infrastructure and generate 15,000 jobs,” said IT Minister Ashwini Vaishnaw in a statement.

The location of the cluster is strategically advantageous, boasting excellent connectivity via road, rail, and air. Situated along the Yamuna Expressway, Eastern Peripheral Expressway, and the upcoming Palwal–Khurja Expressway, the EMC also enjoys proximity to key transportation hubs like the Railway Station and the soon-to-be-operational Jewar International Airport. The surrounding area already hosts significant industrial zones, including the Medical Device Park, MSME & Apparel Park, and the Aviation Hub.

The government emphasized its collaborative approach, working closely with the Uttar Pradesh State Government to ensure the swift and efficient execution of the project. Funds under the EMC 2.0 scheme are to be disbursed until April 2028. The EMC 2.0 scheme, which was introduced in April 2020, has already attracted approximately ₹30,000 crore in investments across various notified electronics manufacturing clusters throughout the country.

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