“Karnataka will emerge as ESDM hub” says Hon’ble Chief Minister Siddaramaiah
- ESDM industry reiterates the resolve to transform “Make in India” into a reality within this decade with active support from central & state governments and academia
- 30 ESDM start-ups meet mentors and investor community in a 90 minutes speed dating session – first of its kind in the electronics industry
- Focus on SMEs via STPI with a dedicated MSME Pavilion
- Focus on Investment Promotion via Government – Industry Collaboration with business meetings of Indian companies, Country delegations & state governments
- A report card on Investment commitments by member companies and positive impact of government policies on disabilities was presented.
Bangalore, India: February 2, 2015: India Electronics and Semiconductor Association (IESA), the premier trade body, representing the Indian electronic system design and manufacturing (ESDM) today commenced IESA Vision Summit 2015, its annual industry leadership conclave, with a commitment to transform “Make in India” into a reality in the next decade. The Summit theme “Make in India: Vision to Reality” throws light on the need for accelerating investment promotions, international alliances, start-up ecosystem and policy implementation to strengthen India’s contributions in Design-led Electronics Manufacturing.
The proceedings were presided over by Shri Siddaramaiah, Hon. Chief Minister, Government of Karnataka. Shri N. Chandrababu Naidu, Hon. Chief Minister, Government of Andhra Pradesh sent a special message on the occasion. They emphasized on transforming the necessity of refocussing on moving away from low value addition manufacturing to high value-add manufacturing, and on the importance of IP creation. They also pointed out that the state of Karnataka and Andhra Pradesh were ready to play its role to aid this transformation. The theme address was delivered by Padma Bhushan Dr. K Radhakrishnan, Former Chairman, ISRO, who was a key player in the success of Mangalyaan.
Shri Siddaramaiah, Hon. Chief Minister, Government of Karnataka called upon the ESDM industry to develop the state into a hub for the Electronics System Design & Manufacturing (ESDM) and resolved to extend complete support to the investors. “I want Karnataka to become the hottest market globally for ESDM. Karnataka will support every initiative of the private sector. We have shown that in the IT sector by actively collaborating with the private players. In similar way, it is our wish to create an ecosystem to foster the growth of the ESDM in this state,” he said in his address presiding over the 10th edition of the Vision Summit of the Indian Electronics and Semiconductors Association (IESA) here.
He noted that Karnataka initially planned to capture 10% per cent of the ESDM market in India to meet local requirements and cater to the global market going forward. According to him, Karnataka was focusing on ESDM because it was considered as the next sunrise sector. “There is no denying the fact that ESDM and manufacturing are the next big things and will play a major role in strengthening the economy. Electronics is integral to our lives every day and we need to keep pace with the market developments. Indian startups have already made their presence felt in the market. We need more such initiatives,” he asserted.
During the inaugural session, three of the IESA Member companies – BOSCH, TEJAS NETWORKS and TESSOLVE SEMICONDUCTOR highlighted their commitment to “Make in India” through investments as a part of M-SIPS approvals. The total combined investment is envisaged to be more than Rs. 1,700 crores.
K. Radhakrishnan, former chairman, ISRO who delivered the inaugural theme address noted a heightened role for Indian Electronics & Semiconductor Industry in Indian space programs by indigenizing electronics and semiconductors. Delivering the theme address, Dr. Radhakrishnan chronicled the efforts of the ISRO in indigenizing Indian space programs despite the tremendous challenges and noted that a lot more needed to be achieved.
“ISRO significantly indigenized satellite missions, including the launch vehicles, satellites and the networks. Today, we have set an example of low cost space missions with a very high degree of success. However, in the electronics and semiconductors, India needs to indigenize on a higher scale. The onus is on the Indian Electronics and Semiconductor Industry to fulfil this gap,” he pointed out.
Commending the efforts of the IESA in expanding the scope for the industry, Dr. Radhakrishnan pointed out that every sector has scope for growth. “I am given to understand that the Indian Electronics and Semiconductor Industry does not figure among the top 50 in the world. If India can be one among the top 6 in the world in space technology, why cannot we find a place among the top 50 in electronics? I am sure that we can reach there with the tremendous support being extended to us by the government,” he asserted.
The 10th edition of IESA Vision Summit received participation from the Govt. of India and various state governments. Senior Officials from the state governments of Chattisgarh, Maharashtra, Kerala, Odisha etc., highlighted the formulation and implementation of ESDM policies in their respective states.
Shri S R Patil, Hon. Minister for IT, BT and S&T and Planning & Statistics, Govt. of Karnataka, and Shri Amarendra Sinha, IAS, Special Secretary & Development Commissioner, MSME presented the prestigious IESA Technovation Awards 2014 for excellence in Electronics System Design and Manufacturing across various categories.
In his inaugural speech, Ashok Chandak, Chairman, IESA said “We have covered a great distance and transformed Vision Summit as a key platform for Indian Electronics and Semiconductors industry since we started addressing the industry issues and challenges through this conclave. As today India is emerging as the preferred destination for design-led electronics manufacturing, we need to remember that there has to be a strong focus for creating an ecosystem that can support our ‘Make in India’ vision with investments in domestic manufacturing, indigenous design, innovation that results in creation of IP assets and worldwide marketing of products and solutions.”
Highlighting the involvement of various state governments in the conclave, Mr. M. N. Vidyashankar, IAS, President, IESA said, “The Indian industry is best suited to create a strong partner network focused on ESDM to improve the component ecosystem. With aggressive engagement from government, industry bodies and corporates, we are confident the ESDM environment will soon witness manufacturing to gather pace. The involvement of state governments has provided the required momentum with special manufacturing zones for electronics manufacturing created in every state, utilizing its edge on natural resources, infrastructure in the overall purpose of ensuring that India becomes an ESDM powerhouse.”
“Domestic production of electronics is a major focus for India in the present context. However, we need to evaluate the gap and hence, it’s essential to create an ecosystem that can promote the start-up ecosystem and indigenous product development. We are gradually inching towards building India as a manufacturing ready nation for the electronics segment, with a robust infrastructure comprising of entrepreneur parks, incubation centres, component ecosystem etc. We admire the intent and effort put in by IESA over the years in reaching out to the world for design-led manufacturing in India and hence, today we are discussing the possible ways to ensure India’s domination in design-led electronics manufacturing. It’s no more a dream, electronics manufacturing is now a reality for India,” said Dr. Omkar Rai, Director General, Software Technology Parks of India (STPI)
The Indian ESDM market is expected to grow at more than twice the rate of global ESDM market between 2010-15. From US$59.0 billion in 2010 (US$75.6 billion in 2013), the industry is expected to grow at a CAGR of 9.9% from 2010 till 2015 to reach US$94.2 billion. This growth is led by increasing appetite for high-end technology devices complemented by increasing disposable income in the country and continuous price erosion in electronic products. Apart from the huge consumer demand, there is a robust demand for ESDM from Government of India. The Government of India has announced various initiatives, such as Smart Cities and Digital India which are expected to increase the opportunities for development and consumption of electronic products in the country.
The second day of IESA Vision Summit expects to witness similar excitement with signing of MoUs that will expand India’s international connect for encouraging international investments and commitments in the Indian ESDM landscape and foster India’s talent base to get them ready for taking India to the global league in the field of ESDM manufacturing. Dr. Raman Singh, Hon. Chief Minister, Govt. of Chhattisgarh will address the opening session. There will also be a big delegation from Andhra Pradesh including Sri J Satyanarayana, Advisor, GoAP & former Secretary DeitY and Dr. P R Reddy, Hon. Minister IT, Govt. of Andhra Pradesh along with government officials of Madhya Pradesh.
IESA Vision Summit 2015 will also present an opportunity to the start-up ecosystem to connect with the industry leaders and mentors in a 90-minutes speed dating session. Thirty ESDM start-ups in the field of medical electronics, smart cities and energy management, will get three to five minutes each to interact with VCs, business & academic mentors (Professor Sadagopan, Director of IIIT-Bangalore, Hemant Kanakia, Kanakia Ventures, a serial entrepreneur from the US, Vivek Pawar, founder of Sankalp Semiconductors and Roopan Aulakh, Applied Ventures) .
About the India Electronics and Semiconductor Association
IESA is the premier trade body representing the Indian Electronic System Design and Manufacturing ESDM industry and has represented it since 2005. It has over 250 members both domestic and multinational enterprises. IESA is committed towards building global awareness for the Indian ESDM industry and supporting its growth through focused initiatives in developing the ecosystem. This is through publishing credible data, networking events and alliances with other international associations. IESA works closely with the Government as a knowledge partner on the sector, both at the centre and at the state level. For more details, visit www.iesaonline.org. Follow IESA Vision Summit 2015 on Twitter @IESA_India