Government of India is also emphasising on indigenous manufacturing of ESDM products: Sanjay Kr. Rakesh

- Advertisement -

Indian Chamber of Commerce (ICC), under the aegis of Ministry of IT & Electronics, Government of India and with support from premier industry body IESA organised  a two-day “Conference and Exhibition” on “Computer Hardware & Design-led Manufacturing” or ESDM products manufacturing in India.

The event entitled: “Digicomp 2018” is the latest sequel of ICC’s initiatives in the field of ESDM sector. The main objective of this novel initiative of ICCs is to highlight the “Computer Hardware & Design-led ESDM Product” manufacturing industry of India. The inaugural session of the event was held on 16th January, 2018 at India Habitat Centre, New Delhi.

- Advertisement -

Speaking on the occasion, the “Chief Guest” of the Inaugural Session Sanjay Kr. Rakesh, Joint Secretary, Ministry of Electronics and Information Technology, Government of India mentioned that in last few years, there has been a sea change in government’ s policies, as far as the IT Sector is concerned. A new policy document is also likely to come in place within next one or one & half months. In addition to IT & ITeS sector, the Ministry of IT & Electronics, Government of India is also emphasising on indigenous manufacturing of ESDM products. Government of India is now encouraging each individual State, to come up with more conducive industrial policies to attract private investment in the ESDM sector. States like Andhra Pradesh & Karnataka have really flourished in this respect, although response from Eastern and North-Eastern States have been found relatively laggard in this respect.

Devender Singh, Principal Secretary, Department of Electronics & Information Technology, Government of Haryana highlighted the opportunities for investment in ESDM sector of Haryana. Singh mentioned that apart from being a BPO Hub of India, Haryana is now strongly focusing on manufacturing of ESDM products in the State. Particularly in sub-sectors like ‘Automotive Electronics, ‘IT /OA’ and ‘Telecom’; the state is really striving ahead. Singh also mentioned about a few factors like State’s strategic location, connectivity through ‘industrial corridors’ and existence of a well-designed ‘GST Regime’, that can add great value to the profitability factor of any private investor in the ESDM sector.

Richa Shrivastava, Vice President (Marketing & Strategy), Fintech, Government of Andhra Pradesh gave a crisp presentation on “Transforming the future for Fintech: How to create a new value proposition for the State?” Shrivastava dealt quite elaborately on the overview of Indian Fintech Ecosystem. She also spoke on topics like: Financial Electronics, Fintech Funding in India, 5 M Strategy for Fintech Ecosystem etc. She informed about incentives like ‘Preferential Market Access” to Government Projects to Fintech Start-Ups.

Deepthi Ravula, Joint Director – IT, Electronics & Communication Department, Government of Telengana gave an elaborate presentation on “Electronics in Telengana”. Ravula mentioned that, as the Second Largest Exporting State in IT Export, the State Telengana has made tremendous progress in the ESDM sector. She mentioned in detail about deciding factors for investment like: Telengana Fibre Grid, largest industrial Land Bank, T-Hub for Start Ups etc.

Among other experts who gave deliberations during the “Inaugural Session” included: Ashwini K. Aggarwal, Chairman-IESA, Director-Government Affairs, Applied Materials India Pvt Ltd & J.V. Ramamurthi, ICC etc.

A small exhibition is also organized on the sidelines of the ‘Conference’. Five States & many important private players took part in this exhibition. Some fruitful B2B Meetings were also held during the programme.

The programme was attended by good number of delegates & visitors.

- Advertisement -

Most Popular Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

Low-Speed Scooters, E Rickshaws Major ‘Headache’ For EV Task Force?

0
Going ahead, the situation for low-speed electric two-wheeler and electric rickshaw retailers and makers looks a little cloudy. The bigger ones may want to join these segments...

Growth Opportunities Connected With The Growing Semicon EcoSystem In India

0
India must concentrate on electronics products and semiconductor components, as progress in one area reinforces the other. The country can unlock immense economic opportunities...

“Don’t Let Designations Become A Wild Goose Chase”

0
In his childhood, he possessed just one sweater, meant to last through many winters. He could not join IIT Roorkee because the cost of...

Buzz

Saudi Arabia Targets Lithium For EV Goals

0
Saudi Arabia has begun investigating techniques to extract lithium from seawater and saline byproducts of oil production, working in partnership with Aramco. The outcomes...

BluSmart Hits $60 Million Annual Run Rate

0
The fleet operator has achieved a 102% annual run rate increase compared to the previous year, growing from USD 30 million in FY23 to...

SOA Collaborates With Kaynes Semicon

0
This collaboration aims to meet the increasing demand for skilled professionals in the field, leveraging the expertise of Perceptive Solutions.  Siksha ‘O’ Anusandhan Deemed to...

Important Sectors

Saudi Arabia Targets Lithium For EV Goals

0
Saudi Arabia has begun investigating techniques to extract lithium from seawater and saline byproducts of oil production, working in partnership with Aramco. The outcomes...

BluSmart Hits $60 Million Annual Run Rate

0
The fleet operator has achieved a 102% annual run rate increase compared to the previous year, growing from USD 30 million in FY23 to...

SOA Collaborates With Kaynes Semicon

0
This collaboration aims to meet the increasing demand for skilled professionals in the field, leveraging the expertise of Perceptive Solutions.  Siksha ‘O’ Anusandhan Deemed to...

StoreDot And Polestar Unveil First 10-Minute EV Charge

0
A 77kWh battery pack featuring StoreDot’s ultra-fast charging high-energy (300Wh/kg) silicon-dominant cells was successfully charged from 10% to 80% in less than 10 minutes...

Debashis Mitra Named President Of Kinetic Green’s 3-Wheeler Business

0
Mitra will become President of the 3-wheeler business following Paul Zacharia's retirement in June 2024. Kinetic Green Energy and Power Solutions Limited, a prominent Indian...

Manufacturing

Honda Invests $11 Billion In Canadian EV Value Chain

0
As part of its strategy to establish eco-friendly EV and battery facilities in Ontario, Honda's EV value chain will cover every stage of EV...

Honda plans major EV factory construction in Canada,

0
Honda's dedication to this facility reflects its wider ecological objectives, which include a target to only offer zero-emission vehicles by 2040 and to attain...
Sona Comstar

Sona Comstar Launches Mexico Plant For North American EV Demand

0
The new facility, established to address the increasing demand for premium driveline solutions for BEVs in North America, will focus on manufacturing differential assemblies...

Sterling Tools Inks MoU With Yongin For EV Components Facility

0
Sterling Tools announced that this strategic partnership is anticipated to bring in Rs 250 crore in business over the next five years. This collaboration...

Tata Elxsi-Renesas MCU Boosts EV Cost Efficiency And Market Speed

0
The Motor Control Unit's modular, scalable design facilitates integration across various EV applications, reducing time to market by 40%, lowering design and development costs...