Prasad added that the central government is promoting electronic manufacturing in a big way by giving many incentives to electronic clusters across the country.

"Until now, we have received investment proposals worth 18,000 crore from foreign players and others in the field of electronic manufacturing. Out of this, around 4,000 crore worth of projects have been approved," he said.

With regards to the incentives, he said if a state government or any other body provides 100 acres of land for setting up manufacturing units, the central government will provide a funding support of 50 crore straight away.

Also, for every 100 invested by someone in a factory, the government will invest 25, he said. This is apart from the incentives given by the state.

Startup Village chairman Sanjay Vijayakumar said the minister's visit was major recognition and they had highlighted the need to replicate the Startup Village model in all other states.

The Startup Village model by now has been adopted by Andhra Pradesh while Madhya Pradesh and a couple of other states are actively looking to replicate it.

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