IESA announces initiatives to speed up “Make in India” agenda

India Electronics and Semiconductor Association (IESA), the premier trade body representing the Indian Electronic System Design and Manufacturing (ESDM) industry, made a series of announcements with an objective to SPEED UP “Make in India” agenda by promoting design-led manufacturing in the Indian ESDM landscape.

International Connect

IESA is playing a significant role in establishing strong relations with ESDM companies of many countries through signing MoUs with the electronics trade bodies. The association has already signed MoU with Taipei Computer Association ( TCA ) of Taiwan, India Business Support Center ( IBSC ) of Japan to be signed soon and initiated talks with Singapore, USA and Israel counterparts. The Indian Industry and DeitY delegation, coordinated by IESA, to Japan is expected to happen during the last week of October and IESA led visit to Taiwan is scheduled in December.

The association has set up International Investment Promotion Cell, to support Government of India’s “Make in India” notion, for encouraging international investments and commitments in the ESDM landscape in the country.

“The investment promotion initiative of IESA will support Government of India’s vision to position India as the next manufacturing destination. While it is evident that the bigger companies will make entries into the Indian manufacturing space, it is the small and medium sized companies from Japan Taiwan, Singapore and other countries that has potential to join hands with Indian counterparts to make the broader impact.” said Mr. Ashok Chandak, Chairman , IESA

Partnering DeitY and contribution to M-SIPs’ success

IESA is closely working with government, DeitY and industry to make India a default destination for electronics design-led manufacturing which can catalyse the economic growth of the country through electronic manufacturing clusters, MSIP’s policy, Skill Development initiatives and participation in various working groups in the ESDM space. IESA has been instrumental in making M-SIPs, an initiative by DeitY to promote large-scale manufacturing, offset disability and attract domestic and global investments into the ESDM space, a successful step towards transforming ‘Make in India’ into a reality. More than 40% of the proposals approved/advanced stage of approval under M-SIPs are from IESA member companies, in addition to INR 60000 crores proposal received for two semiconductor fabs. Beyond the two wafer fabs, IESA is also expected to garner more than INR 10000 crore of investment proposals in the near future.

“We would like to commend the Union Government and Honorable Prime Minister for his vision to transform India as a manufacturing nation having taken several decisions towards “Make in India” program and now it is for the industry to rise to the occasion. IESA is unveiling the SPEED UP initiative to enable the success of this program in ESDM sector through SPEEDing UP of the Investment promotions, International Alliances, Start Up ecosystem, Policy Implementation at state level and Skill development actions,” added Mr. Chandak.

State Level Engagements

IESA has provided immense support to various state governments in strategic roadmaps, submission and approval of EMC Applications. The association is assisting Government of Karnataka to set up Brownfield EMCs at Electronic City, Bangalore with project cost of INR 85 crores and in Mysore with project cost of INR 30 crores; Government of Odisha for Greenfield EMC at Bhubaneswar with project cost of INR 210 crores; and Government of Maharashtra for brownfield EMCs at Pune, Aurangabad and Navi Mumbai. IESA has also supported Government of Kerala for its Greenfied EMC project at Kakkinad and supporting the state governments from Madhya Pradesh, Jharkhand and Punjab. IESA will also boost the domestic companies that have past startup stage who have the potential to grow exponentially by leveraging the state’s infrastructure.

“We have extended our support to various state governments and Department of Electronics and Information Technology (DeitY) with an intent to get the infrastructure ready for ‘Make in India”, said Mr. M N Vidyashankar, President, IESA.

Start-up Initiatives

The association has been aggressively promoting the start-up ecosystem to make infrastructure ready for ESDM manufacturing in India. IESA, alongwith DeitY, STPI and Delhi University (DU) is setting up the ESDM Incubation Centre named as Electropreneur Park (EP) in Delhi/NCR in the first-of-the-kind project to promote start-up environment with world class infrastructure and services including the lab equipment, pool of mentors, industry connect and funding. Taking the initiative forward, IESA is planning to set up 5 more start-up incubation centers in the next 1 year.

The association also signed an MoU (Memorandum of Understanding) with The Indus Entrepreneurs (TiE), Bangalore chapter to promote start-ups and entrepreneurs in fabless semiconductor and electronic products with initial focus on the Internet of Things (IoT) space. Both, IESA and TiE will actively promote the ecosystem with an aim to address the major challenges faced in current ecosystem.

Excited and thrilled, Mr. M N Vidyashankar, President, IESA said, “Domestic production of electronics has been a major focus for the new government and it recognizes the need to reduce India's electronics import bill. IESA takes pride in speeding up the start-up community as the initiative will promote indigenous product development in the country and high value addition. We are moving towards the right direction. The gaps will fast bridge between vision and reality for ‘Make in India’ in the ESDM space.”