VARINDIA IT MAGAZINE

India Electronics and Semiconductor Association (IESA) have signed a memorandum of understanding (MoU) with STPI and IIIT-Bhubaneswar to establish the second ESDM Incubator in Bhubaneswar. Building on the success of the Electropreneur Park Delhi, this incubator will be housed at STPI Bhubaneswar to nurture start-ups and help them scale up by providing access to funds, market and mentors. The first Electropreneur Park housed at Delhi University has been operational for more than two years and has successfully incubated 22 companies with a combined market valuation of Rs.150 crore. The roadblocks to transform a product idea in electronics into a successful business are different from other segments. While cutting-edge technology is not readily available, the problem is compounded by lack of easy access to required tools, equipment for designing, testing, certifying and perfecting the product. This complexity adds to the cost of incorporation and product development of the start-up,...

The state government of Kerala has signed an MoU with the India Electronics & Semiconductor Association (IESA) to attract high-value investments from South-East Asia and also offer unprecedented access to lucrative markets in that region, known as Asia’s tech hub. This will give a major fillip to the state’s information technology and electronics sector.  The Secretary to Government of Kerala for Electronics and Information Technology, Shri M. Sivasankar IAS, and IESA President Shri M.N. Vidyashankar signed the MoU at the state Secretariat in Thiruvananthapuram in the presence of Chief Minister of Kerala Shri Pinarayi Vijayan.  Under the agreement, Kerala will partner with IESA – the country’s premier industry body for electronics, semiconductor and embedded systems – to set up a liaison agency in Taiwan to promote the investment potential of the state’s electronics system design and manufacturing (ESDM) sector.  In addition to the host nation, the other t...

The trade body representing the Indian Electronic System Design and Manufacturing (ESDM) industry, IESA (India Electronics and Semiconductor Association) has extended full support to the Government of India towards the launch of “Digital India” campaign. The trade and industry body has applauded Hon’ble Minister of Communications & Information Technology Ravi Shankar Prasad’s agenda to promote electronics manufacturing in a big way and invitation to entrepreneurs to “Make in India”. “We appreciate the Government of India’s Digital India programme and its huge thrust on the Electronics Development Fund which will give impetus towards inclusive growth in the areas of electronic services, products, manufacturing and job opportunities and call to reduce dependence on imports. The defined focus on ‘Design in India’ is well aligned to IESA’s ‘Innovation Led Design and Design Led Manufacturing’ vision to achieve India’s manufacturing reality. The three-point agenda around Electronics...

India Electronics & Semiconductor Association (IESA) has disclosed details of their key role in enabling the Memorandum of Understanding (MoU) between Cricket Semiconductor and the Government of Madhya Pradesh for an analog fab proposed to be set up in the state. They provided a strategic roadmap to the company for locating the proposed unit in the country. The industry body is also helping Madhya Pradesh for their investment promotion initiatives. The proposed investment is expected to be Rs.6,000 crore (US$1 billion) to set up an analog wafer fab in the country. The creation of this fab ecosystem coupled with the products and systems value chain is expected to create close-to 450,000 new jobs, making a potential future economic impact of $40 billion, over its project life span and reduce electronics import burden for the nation. Madhya Pradesh recently approved the “Analog Semiconductor Fabrication [FAB] Investment Policy”  that provides for free government land, reim...

India Electronics & Semiconductor Association (IESA) has announced a Memorandum of Understanding (MoU) with the Government of Uttar Pradesh for promoting ESDM industry ecosystem in the state. IESA has already provided immense support to various state governments like the Governments of Maharashtra and Odisha by proposing strategic roadmaps and attaining faster approval of EMC Applications, thereby catalyzing the economic growth of the states. “The Government of Uttar Pradesh has identified ESDM as a focus to ensure economic growth, enhance employment opportunities, promote indigenous product development and safeguard investors’ business intention in the state. Along with IESA, we are confident to create a favourable ecosystem for electronics manufacturing in the state and build Uttar Pradesh for a brighter tomorrow,” said Shri Jiwesh Nandan, IAS, Principal Secretary, Department of IT and Electronics, Government of Uttar Pradesh. “IESA has been making proactive contributi...