IESA issues calls for Made in India electronics products at Vision Summit 2014

TheIESAVision Summit 2014, the annual industry conclave of theIndia Electronics and Semiconductor Association (IESA),the premier trade body, representing the Indian electronic system design and manufacturing (ESDM) industry commenced today with a call to action for developing electronic productsfrom India, for global markets. The Summit theme From Consumption to Creation put a spotlight on the specific initiatives the Government of India and the industry should take to bolster and establish a strong design and manufacturing base in the country. The Vision Summit 2014 also saw the highest ever participation from State governments, with representation from Andhra Pradesh, Gujarat, Karnataka, Kerala, Madhya Pradesh, Maharashtra, and Orissa. In its ninth year now,the annual two day session showcased keynote speeches and panel discussions on policy, the role of State Governments, entrepreneurship and innovation and the experience of various players in the global electronics eco-system. It also examined the critical and game-changing role the two proposed semiconductor wafer fabrication (fab) facilities will have on the IndianESDMecosystem. In his inaugural speech,SanjeevKeskar, Chairman,IESAsaid IESAhas been a catalyst to the countrysESDMecosystem and, along with the Government of India, is fully committed to establishing a best in class design and manufacturing base in the country.IESAsgrowing and diversified membership base is a proof of the strong focus around initiatives that are shaping the future of this industry which is founded on three imperatives domestic manufacturing, indigenous design and worldwide marketing of products and solutions. Innovation that results in creation of IP assets is the need of the hour, as it contributes the major part of the product value. In the long run, only high value added manufacturing can address the export-import imbalance, thereby helping to reduce the current account deficit. Applied Materials is proud to be a participant at theIESAVision Summit 2014. The event brings together government, industry bodies,ESDMplayers and academia at a historic point in Indias electronics industry. It took years of determination and collaboration to reach this inflection, an inflection that makes the creation of semiconductor manufacturing in India a reality, bridging the gap between consumption and creation. This is a truly transformative juncture for the Indian electronics industry, and we offer our full support to making it successful, saidDr. Om Nalamasu, CTO, Applied Materials. On this occasion,IESAsigned a memorandum of understanding (MoU) withMesseMnchenInternational (MMI) to launchDEFTRONICS, an industry symposium focused on aerospace and defence electronics to be held in Bangalore on September 23-24th2014.Commenting on this initiative,Mr.PVGMenon, National President,IESAsaidWhile Indias appetite for aerospace and defence products fuels the global industry, our domestic contribution to this industry leaves much to be desired. Indiaspent almost USD 32BNon national defence in the year 2010-2011 and this is expected to rise to USD 42BNby 2015. With a demand for at least 1,000 civil aircraft forecasted over the next decade, the civil aviation sector is also booming, and this translates to huge market opportunities for Indian companies and entrepreneurs.IESAis creating a platform wherein all the players in the aerospace and defence ecosystem can come together, learn and collaborate with each other, so that the future demand can be met - if not fully, then at least in a large measure - from domestic companies. At Vision Summit 2014,IESAalso released theIESA-UKTIreport on Strengthening the Indo-UKESDMSector. The report identifies areas of collaboration based on the technical prowess of each country: IP creation, end-to-end product development, joint academic research teams and building a shared venture fund to supporthigh potentialESDMprojects and start-ups. The Vision Summit 2014 was inaugurated bySri S.R. Patil, Minister for Planning and S&T, Govt. of Karnataka. The six keynote addresses on the inaugural day were around the theme of fostering the electronics manufacturing eco-system in India which were delivered by: Dr.Ron Black, President & CEO,RambusInc. Mr.JoepVan Beurden, CEO, CSR Inc. Dr. Wally Rhines,CEO& Chairman of the Board, Mentor Graphics Corp. Mr.Steve Anderson, Senior Vice President and Worldwide Manager, High-Performance Analog, Texas Instruments Incorporated Mr.ArvindJayabal, General Manager, Semiconductor Solutions at Wipro Technologies Mr.David Happyof Dutton Gregory LLP from UK. The Minister for Industries and IT, Govt of Kerala,Sri.P.K.Kunhalikuttywas the Chief Guest at theIESATechnovationAwards 2013 and spoke at theCEONetworking Dinner.

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IESA issues calls for Made in India electronics products at Vision Summit 2014

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