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IESA advances 'Make in India' campaign

Posted: 21 Oct 2014     Print Version  Bookmark and Share

Keywords:ESDM  electronics  manufacturing  start-up 

India Electronics and Semiconductor Association (IESA), the premier trade body representing the Indian Electronic System Design and Manufacturing (ESDM) industry, revealed several initiatives that would accelerate the government's "Make in India" agenda by promoting design-led manufacturing in the Indian ESDM landscape.

The announcements include:

  • To set up International Investment Promotion Cell to stimulate foreign investments to India's manufacturing ecosystem in the ESDM space;
  • To form alliances with trade bodies from Japan, Taiwan, USA, Singapore and other countries, to be followed with delegation visits;
  • To garner Rs.10,000 crore of investment proposal in addition to current two semiconductor fabs;
  • To set up five start-up incubation centres;
  • To speed up the start-up environment in the electronics space through supporting start up landscape and talent development;
  • To speed up support to DeitY in National Electronics Policy implementation at state level. More than 40 per centof the proposals approved/ in the advanced stage of approval under M-SIPs are from IESA member companies.

International connection

IESA is playing a significant role in establishing strong relations with ESDM companies in many countries by signing MoUs with the electronics trade bodies. The association has already signed an MoU with Taipei Computer Association (TCA) of Taiwan, while that with India Business Support Centre (IBSC) of Japan will be signed soon. It has also initiated talks with its counterparts in Singapore, United States and Israel. The Indian Industry and Department of Electronics and Information Technology (DeitY) delegation, coordinated by IESA, to Japan is expected to happen during the last week of October, while the IESA-led visit to Taiwan is scheduled in December.

Make in India

The association has set up the International Investment Promotion Cell to support the government's "Make in India" notion, with the hope of encouraging international investments and commitments in the ESDM landscape in the country.

"The investment promotion initiative of IESA will support Government of India's vision to position India as the next manufacturing destination. While it is evident that the bigger companies will make entries into the Indian manufacturing space, it is the small and medium sized companies from Japan, Taiwan, Singapore and other countries that have potential to join hands with Indian counterparts to make the broader impact," said Ashok Chandak, chair of IESA.

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