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Make in India: New opportunity for manufacturing, start-ups (Part 4)

Posted: 19 Feb 2016     Print Version  Bookmark and Share

Keywords:Make in India  manufacturing  renewable energy  solar  wind 

This is the fourth in the series of opinion on the Indian government's Make in India programme as it affects the electronics industry. Here, M.N. Vidyashankar, president, India Electronics and Semiconductor Association, elaborates on the changes the programme is bringing to the industry.

Developing a vibrant Indian Electronics Systems Design and Manufacturing (ESDM) ecosystem has always been what India Electronics and Semiconductor Association (IESA) is committed to, and projecting India as a go-to destination for electronic products is slowly beginning to be a reality.

The progressive policies and the emphasis on 'Make in India' initiative have played a significant part in the resurgence of the manufacturing sector. Extension of MSIPS should see a surge in the manufacture of solar products, PV cells, sub-strata, etc. The Department of Electronics and Information Technology (DeitY) is going ahead full steam with setting up electronics manufacturing clusters (EMCs) in various states. These are designed to provide a common platform for all the players in the electronics manufacturing field. They ensure adequate testing facilities at competitive costs to small businesses like MSMEs and start-ups, which will, in turn, push electronics component manufacturing.


Vidyashankar: Make in India has created an environment conducive for to setting up manufacturing units in India.

Policy push

The policies and push of the government are adequate to bring a positive momentum in the nation. This is the best opportunity for us to become the manufacturing and start-up capital of the world. Implementation of the policies, approval process of the projects, need to be fast tracked, in order not to miss the present opportunity which stands in front of us.

Make in India has put the nation on the global landscape and also, created an environment conducive for international and indigenous companies to setting up manufacturing units in India. Global smartphone players have shown a keen interest in manufacturing in India due to the huge growth potential seen in the country's smartphone market, availing the dispensation in the 'Make in India' policy.

Proactive engagement brings investment

IESA has been quite proactive to establish and develop trade and technical cooperation in the ESDM with countries like Singapore, Taiwan and Japan; signed MoUs with Singapore Semiconductor Industry Association, Taiwan Electrical and Electronic Manufacturers' Association, Taipei Computer Association and Asia Semiconductor Trading Support Association from Japan in the last 3-4 quarters.

The success of the campaign is evident from the investment of companies like Foxco?nn, Opteimus, Lava, Micromax, etc. Mobile devices is one of the key segments where India is expected to see more growth in terms of local value addition.

The Make in India initiative, with various schemes and policies in place, will make the country a preferred destination for electronics manufacturing. Start-ups in the ESDM space will provide an equally important engine of growth in the months to come. IESA is gearing up to ensure that we extend the right fillip for innovation to happen in the ESDM space. This will trigger huge interest in partnership and collaboration between large companies and SMEs.

- M.N. Vidyashankar
  India Electronics and Semiconductor Association

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