Centre approves electronics projects worth Rs. 89 crore in Madhya Pradesh.

The Central government has sanctioned electronics manufacturing projects worth Rs. 88.65 crore in two districts of Madhya Pradesh.

The projects, coming up at Badwai and Purva near Jabalpur, will provide employment to over 17,000 people, said a release issued by the state government's Information Technology department.

The cost of the cluster project at Badwai is pegged at Rs. 48.34 crore, wherein the contribution of Centre will be 50 per cent.

The state government through the Madhya Pradesh State Industrial Development Corporation (MPSIDC) and the units to be set up under the project will equally bear 25 per cent cost.

'For the project, 50-acre land has been allotted where world-level high quality facilities of power, water, road and other infrastructure will be provided. The project will be operational within 2.3 years,' the release added.

ET