President, IESA said, "With the allocation and incentives of schemes like M-SIPS and EDF to Rs 745 crore in this year's budget, we strongly believe that India will be the next manufacturing powerhouse of the globe.
President, IESA said, "With the allocation and incentives of schemes like M-SIPS and EDF to Rs 745 crore in this year's budget, we strongly believe that India will be the next manufacturing powerhouse of the globe. It is the right time for the industry players to take full advantage and contribute to transform India into the next global - Design-led manufacturing destination. This year, Vision Summit is exploring the boundaries of creating solutions to make India a global ESDM manufacturing hub."
The government's 'Make in India' initiative is projected to make India a preferred manufacturing destination encompassing sectors that includes ESDM, automobiles, chemicals, IT, aviation, design manufacturing, renewable energy and several other sectors that rely heavily on electronics, expanding the opportunities to create employment, purchasing power, spending and supply. As India attempts to become a manufacturing nation, the ESDM start-up ecosystems are uniquely positioned to drive innovation and deliver path-breaking products.
Start-ups also have the advantage of being able to focus on niche, cutting-edge technologies while also managing to remain extremely nimble.
Highlights of Vision Summit 2016:
The summit culminated with over 80 speakers, over 850 industry and government leaders, international business delegates' academia and entrepreneurs with a focus on automotive, high performance computing, IoT and entrepreneurship, intellectual property. Last year the IESA Makeathon was introduced which saw tremendous participation and applaud from the industry.
About India Electronics & Semiconductor Association (IESA) IESA is the premier trade body representing the Indian Electronics System Design and Manufacturing(ESDM)industry and has represented it since 2005. It has over 260 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 on IESA, visit http://www.iesaonline.org Follow 'Vision Summit' on Twitter @IESA_VS [https://twitter.com/IESA_VS ] and 'IESA' @IESA_online For more details, please contact
Sonali Pappur Sadanand
Text100 Global Communications
+91-9844489854
SonaliP.S@text100.co.in
Indrani Bharadwaj
+91-8147010007
indrani.bharadwaj@text100.co.in
Pooja Shetty
Senior Account Executive
Text100
pooja.shetty@text100.co.in
+91-8105004435
PRNewswire
AKN
02161558
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(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)
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