Adityapur Auto Cluster a Company registered under the Companies Act, (AAC)-SPV formed by the members of ASIA for implementation of IIUS Scheme of Govt. Adityapur Auto Cluster came into existence to implement the project under IIUS, the members of Adityapur Small Industries Association (ASIA) formed a Special Purpose Vehicle (SPV) in the Name of Adityapur Auto Infrastructure Company Limited, later
on its name changed to "ADITYAPUR AUTO CLUSTER" (AAC). Purpose of AAC is to develop the Industrial Infrastructure facilities in Adityapur Industrial Area with the help of financial assistance as non refundable grant from Government of India and Government of Jharkhand with nominal investments by the local industrial units. Government of India through Ministry of Commerce & Industries launched a Scheme called. INDUSTRIAL INFRASTRUCTURE UPGRADATION SCHEME (IIUS) for development of Infrastructure of Industrial Area all over the Country for the rapid development of economy.Under this Scheme, Government of India has provided a grant of 75% of Total Project Cost or Rs.50.00 Crore , whichever is lower. Spread over 42 acres of land which is provided by AIDA free of cost. Industry domains or verticals/ Targeted Industries:
Automobile
Heavy Manufacturing
Sheet metal
Casting
Forging
Machining
Light & Heavy Fabrication
Polymer Components
Collaboration with TTL (Academia Industries Collaboration Details)
AAC and TTL build-on a business model incorporating the academia/industry collaboration partnership to exceed the existing high quality delivery standards in the engineering & computer-aid environment. TATA Technologies Provides IT & Engineering Services as well as high end Training on CATIA Designing, Sheet-Metal simulation, Casting, Forging simulation & HW/NW, Software to create Employable students to cater the industrial belt of Adityapur.
