Union Minister for Electronics and Information Technology Ashwini Vaishnaw on Saturday said two electronics manufacturing clusters worth Rs 1,112 crore, will be set up in Tamil Nadu.

Speaking at the inauguration of Zetwerk Electronics' seventh manufacturing facility in Sriperumbudur, about 55 kms from here, Vaishnaw highlighted that the electronics industry has become the country's second largest export sector, surpassing several traditional industries in the past decade.

The new facility, part of a Rs 1,000 crore investment, will produce electronic components for various sectors, including consumer durables and IT hardware, and will serve both domestic and international markets in the future.

 

After unveiling the plaque to mark the inauguration of the Zetwerk electronics plant, Vaishnaw emphasised how the electronics industry had rapidly grown, overtaking several long-standing export industries in the last 10 years.

Zetwerk Electronics co-founder, Rahul Sharma noted that the new plant is the company's seventh in India and is part of a Rs 1,000 crore investment. The Sriperumbudur facility, located in a key industrial zone, is expected to employ approximately 1,500 people.