IESA, India Electronics and Semiconductor Association the premier trade body representing the Indian Electronics System Design and Manufacturing (ESDM) industry, announced the launch of their Hyderabad Chapter. The key objectives of setting up an office in Hyderabad is to widen the eco-system, acquire new members and strengthen the supply chain in the region. This move will boost the electronics, hardware and semiconductor startups and firms in the state with the required support and information. There will also be a large thrust on the Aerospace & Defense manufacturing too.
Telangana contributes to 6% of the electronics production in the country and aims to reach a revenue of more than $10Bn and provide employment to 1.75L citizens. The Telangana Government is planning to make Hyderabad as the hub of ESDM and is pursuing to attract investments into the two ESDM clusters at e-City Manufacturing Cluster and Maheshwaram Science Park. With a view to facilitating investments in the electronics manufacturing industry, IESA has gearing up to strengthen operations in Telangana this year.
Excited with this announcement, K. Krishna Moorthy, Chairman, IESA said, “This is a proud moment for us as we have now expanded our presence across the major technology hubs of the nation. With this launch, we now have an even more strengthened support to bring India into the global radar for manufacturing innovation. Several policy initiatives have been approved in last few months which include providing very attractive financial investment in electronics manufacturing and providing preference to domestically manufactured electronic goods in all Government procurement as well as all those electronic goods whose use has security implications for the country. This expansion has put us in the right path for the fulfillment of our objectives and aiding the government of India to digitally empower the nation. We are certain that, with the right mix of trained professionals and regional expertise we will make our vision of making India the global hub for innovation a successful reality very soon.”
Spearheading and strengthening ties with the local industry, MosChip Semiconductor has joined hands with IESA. Speaking at the launch of the IESA Hyderabad chapter, Ram Reddy, CEO & Chairman, Moschip Semiconductor, said “We are delighted to be a member company of IESA Hyderabad. We strongly believe that this collaboration will be an impetus to start-ups and engineering/ research students to promote the country’s top design engineers and buyers with the best degree of technical knowhow and help bring the Government and ecosystem together on the same platform.”
Commenting on this move, M.N. Vidyashankar, President, IESA added, “We are delighted to announce the launch of the new IESA Chapter in Hyderabad. We need to improve the supply chain. We could achieve innovation-led design in the semiconductor space. But, what we lack is design-led-manufacturing. With the recently announced Chennai chapter and this launch, we have further expanded our reach to enrich the supply chain and make significant inroads in making the country the next manufacturing hub. We strongly believe that this expansion will fast-forward our operations and enable us to achieve the common goal of giving a boost to design-led-manufacturing.”
Forthcoming events from IESA:
This year, Hyderabad will be the host city for DEFTRONICS 2017, the fourth edition of the annual Aerospace, Defence & Internal security focused event. This will be an additional fillip to the Aerospace & Defence sectors. The Indian Aerospace and Defence industry is one of the most lucrative industries with a booming market and an ocean of opportunities for engineering design and manufacturing companies. India’s current requirements on defence are largely catered to by imports. The Global OEM and Indian companies alike are keen to leverage the opportunity of defence contracts, which reflects the success of initiatives like ‘Make in India’
The 12th edition its annual flagship event, IESA Vision Summit 2017. Powered with global and Indian audiences to discover, innovate and bring together a stellar line-up of thought leaders & robust speakers. Scheduled on February 21 and 22 at The Leela, Bangalore, it aims to steer India closer to its goal ofDesign led Manufacturing – Redefining the future of India’s ESDM.
Telangana is the hub of Electronics Manufacturing Clusters with Districts of Hyderabad, Ranga Reddy and Medak being the base for the state. With an aim to give a fillip to the Micro Small and Medium Enterprises (MSME) sector of Andhra Pradesh, the India SME Forum has signed Memoranda of Understanding (MoU) with the State government for two industrial parks and an incubation centre in the State. As part of this, an industrial park for multi-sectoral MSME units is being proposed to be set up either at Vijayawada or at Visakhapatnam or Tirupati. As favourable Government policies and conducive growth opportunities exist in the state, Telangana became as one of the most preferred destination for the IESA’s expansion.