- India’s digital economy generates about USD 200 billion of economic value annually
- There is a target to stimulate the growth of 2000 ESDM startups during the policy period and generate 20 lakh (2 million) new jobs by 2025 via Skill Development, Quality Infrastructure, Ecosystem Support, Encouragement to Start-ups, and Ease of Doing Business
- The Vision Summit also highlighted the primary thought from all the Visionaries from the world that India should have set up ‘National Electronics Commission’ reporting to the Prime Minister of the Nation as a long-term strategy to make India a global powerhouse in Electronics and Semi conductors
India Electronics and Semiconductor Association is conducting its flagship event Vision Summit 2020 for the first time virtually keeping in mind the convenience and safety of participants across the globe. This would be the 15th edition and the current years’ theme is ‘Intelligent Electronics: Driving self-reliant digital economy : Transforming 1.3 Billion Lives.’
The IESA Vision-Summit-2020 is looking forward to drive initiates and policies for the Intelligent Electronics & Semiconductor products and solutions. The would in turn push the government of India’s vision of a self-reliant or an #AtmaNirbharBharat. India’s next decade with us being ‘Atmanirbhar’ in Technology will be with Agri-Tech, Tranformative Education, Med-Tech, Automative, Strategic Security towards the ATMAS (Soul) of Self-Reliant India. Intelligent Electronics is the train, powered by Semiconductors taking ATMAS towards the destination of $1Tn Digital Economy goal for India.
Karnataka contributes 64% to India’s ESDM exports
Inaugurating the Vision Summit 2020 Dr. Ashwath Narayan, Deputy Chief Minister & Minister of IT & BT, Govt of Karnataka shared that, “India’s digital economy generates about USD 200 billion of economic value annually. The country can create over USD 1 trillion of economic value from the digital economy in 2025.”
Electronics Production Market (TAM) alone is expected to contribute USD 300 Bn (30%) to Digital economy in 2025, according to a recently released IESA report. It has also been revealed that Karnataka has an estimated GSDP of $220 billion. This also contributes 64% to India’s ESDM exports and 10% to India’s electronic industrial output.
Largest chip design hub
Karnataka is also claimed to be the India’s largest chip design hub, with 85+ chip design companies. 70% of India’s chip designers are based out of here. As stated in the KESDM policy 2017-2022, there is a target to stimulate the growth of 2000 ESDM startups during the policy period and generate 20 lakh (2 million) new jobs by 2025 via Skill Development, Quality Infrastructure, Ecosystem Support, Encouragement to Start-ups, and Ease of Doing Business.
The inaugural day also consisted a powerful line-up of speakers which included Dr. Ashwath Narayan, Deputy Chief Minister & Minister of IT & BT, Govt of Karnataka; Ajay Sawhney, Secretary, MeitY Govt of India; Vinod Dham, Founder and Executive Managing Partner at Indo-US Venture Partners; Nivruti Rai, Country Head, Intel India VP Data Centre Group, Intel Corp.; Deepak Bagla, MD & CEO, Invest India; Dr Manish Gupta, Director, Google Research; John Neuffer, President & CEO, SIA; Padma Bhushan Arogyaswami Paulraj, Professor (research) of Electrical Engineering, Emeritus, Stanford University and many more industry expert took part in panel discussions.
The following day’s event started with a keynote presentation by Dr. Omkar Rai, Director General, STPI; Mark Papermaster, CTO and EVP, Technology & Engineering, AMD ; Dr. Siva Sivaram, President, Western Digital; Dr. Rob Atkins, Fellow & Director of Technology, ARM; Dr. Nagasubramaniyan Chandrasekaran, SVP, Process R&D and Ops, Micron; Samir Patel, Chief Strategy Officer – Semiconductor Business, HCL Technologies; Anku Jain, MD, MediaTek, India; Gary Smith, President & CEO, Ciena.
National Policy of Electronics
The event also witnessed vision talks, fireside chats, theme sessions with well recognised people like Mohandas Pai, Chairmna, Aaron Capital & Manipal Global Education; Sh.Tejasvi Surya, Member of Parliament, Bangalore South; Dr. EV Ramana Reddy, IAS, ACS, Electronics, IT, BT, Sc & Tech, Karnataka; Sh. Jayesh Ranjan, IAS, Principal Secretary, Industry, Commerce & IT, Telangana; Sh. Manoj Mishra, IAS, Secretary of Electronics & IT, Odisha; Meena Nagaraj, MD, KITS; Ruchir Dixit, Country Manager, Mentor – A Siemens Business; Raja Subramaniam, Country Director, Synopsys India.
Sh. Ajay Sawhney IAS, Secretary, MeitY, Govt of India in his vision talk on MeitY’ s Mighty Vision said, ‘We have been making efforts to grow the entire ecosystem. Last year, we were able to bring out the National Policy of Electronics 2019. Even during the pandemic, we came out with schemes that were made available from 2nd April and in June, we opened for applications. The responses met our expectation – in fact, it was higher than what we had expected at the inception of the scheme. Over the next 4-5 years’ time, we expect the incremental production – over and above the base year 2019-20, to be around 11.5 lakh crores and the exports to be more than 8 lakh crores during this period’.
National Electronics Commission
“India has to build a Fabless ecosystem with a fund of $500m ; Setup & Spur up local Chip Assembly, Test, Marking and Packing (ATMP) Capability; SCL Fab should be Upgraded to a 65nm Fab to meet growing strategic needs; 14nm Fab should be built jointly between Government and India Inc. for fabricating emerging IoT chip and Smart Processors”, said Vinod Dham, Founder and Executive, Managing Partner, Indo-US Venture.
The Vision Summit also highlighted the primary thought from all the Visionaries from the world that India should have set up ‘National Electronics Commission’ reporting to the Prime Minister of the Nation as a long-term strategy to make India a global powerhouse in Electronics and Semi conductors.
The third day of the event would see, industry experts and visionaries like Sh. Sanjay Dhotre, Hon Union Minister of State, Education, Communication And Electronics & IT; Soma Pandey, General Manager, Reliance Jio; Prof. Dave Patterson, Prof. Emeritus, U.C. Berkeley; Manu Gulati, Founder & SVP, Nuvia; Dr. Vamsi Boppana, SVP, Xilinx; Dinesh Ramanathan, CEO & Co-Founder, NextGen Power (GaN Fab); and theme sessions, vision talks, product showcase.