Tegna Electronics Pvt Ltd, an SPV of Taiwan Electrical and Electronics Manufacturers' Association in association with Chinese mobile player Oppo will set up a greenfield electronics manufacturing cluster in Greater Noida at an investment of Rs 3,500 crore in next 5-10 years.

The project is expected to be completed over 18 months and around 2 lakh product units will be produced daily. It is expected to create 25,000-30,000 jobs.

The foundation stone was laid on Friday in Greater Noida by Minister of IT and Electronics Ravi Shankar Prasad and UP Chief Minister Yogi Adityanath.

The state had attracted investment commitments of over Rs 4 lakh crore during the UP Investors Summit held last year, UP Chief Minister Yogi Adityanath said.

Uttar Pradesh's enabling policies, investor-friendly environment and better connectivity have positioned the state as an ideal investment destination, particularly for electronics manufacturing. "UP has transformed itself in recent years, offering a compelling proposition for investors. India is taking great strides in mobile and mobile component manufacturing and over 50 per cent of that work is happening in UP," he said.

Our government had a strong focus on mega infrastructure projects such as Bundelkhand Defence Corridor and the Jewar international airport project, he said.

The government's efforts to boost manufacturing through various programmes have led to setting up of over 268 mobile components and accessories units and 94 of them are in Uttar Pradesh, Prasad said.

We plan to soon unveil an electronics policy and an electronics cluster policy, the minister of IT added.

The project will house global players in manufacturing of electronics and support accessories. It will also generate employment for around 25,000-30,000 people.

We also urge the Uttar Pradesh government to establish one more electronics manufacturing cluster in the Noida-Meerut stretch, Prasad said.

Under the electronic cluster, companies will manufacture mobile phone, its accessories, data storage and super-computing servers, USB cable, power banks, AC Adapters, memory cards and other components. The cluster will also offer facilities including tool room, R&D lab for manufacturing electronic products and accessories.

"EMC in Greater Noida will help us implement innovative and exciting technologies in future projects that we introduce in India as well as help us build a local ecosystem for smartphone devices," Oppo India Vice-President and R&D Head Tasleem Arif said in a statement.

India continues to be a high priority market for Oppo and the centrepiece of the company's global growth strategy. Through such efforts, Oppo continues to strengthen its commitment towards the country by building innovative and exciting new technologies for people of India, locally in India, the statement said.