Electronics industry needs to be competitive in quality and price: Pilot

- Advertisement -

By EB Bureau

Sachin Pilot, Minister of State for Communications and Information Technology, Government of India, inaugurating the CEO Summit at EFY Expo 2012. Also seen are Om Wadhwa, past president, ELCINA (L), Dr Ajay Kumar Jt Secy, DIT (2nd L), and T Vasu, President Elcina (R)

The EFY Expo 2012 was a success all the way. Inaugurating the three day event at Pragati Maidan, New Delhi, on February 16, 2012, Sachin Pilot, Minister of State for Communications and Information Technology, Government of India, emphasised that such expos are essential to give the industry an opportunity to display its manufacturing and technological abilities. While releasing a report titled ELCOMAS, which was based on inputs from 540 electronics component manufacturers in India, Pilot said, “We are at least a decade late in starting initiatives like setting up electronics manufacturing clusters in India. There is no reason why we cannot make India the electronics manufacturing hub of the world. But unless industry itself is very competitive in quality and price, there is nothing any government can do.”

Pilot added, “The Indian electronics industry should ensure that its components and products meet quality standards globally, and they should not be exorbitantly priced. We have to move simultaneously on all fronts. The Electronics Development Fund is worth Rs 50 billion, which can be availed by members of the Indian electronics industry.”

- Advertisement -

Dr Ajay Kumar, joint secretary, Department of Information Technology (DIT), promised to extend support to the components manufacturers and said that the government would work towards scaling up production and enabling the supply of components at competitive rates. He also said that there are several initiatives lined up for the development of human resources in the electronics sector. Kumar added, “DIT is working on a scheme to provide manufacturers with incentives for setting up testing labs. This will help in preventing substandard goods from entering the Indian market.”

EFY Expo 2012 has proved to be an important platform for business within the electronics industry, and led to some serious long term decisions, actualised by manufacturers and buyers. The mix of exhibitors was such that all kinds of visitors got something to suit their interests.

Commenting on the range of the companies present at the Expo, Amin Ajmel, CEO, Sunrise Instruments, said, “I think the EFY Expo is a great platform as it brings together all the stakeholders in the electronics ecosystem.”

Talking about the highlights of the show, Ajay Kaswani, partner, Emsons Radio Corporation, said, “The best part of the Expo was the ambience it provided. I also liked the overall presentation. The Chinese players were present this time. I expect more Taiwanese companies to participate next year because this is one platform where Indian companies get to interact with foreign players.”

The Buyer-Seller Meet was one of the key highlights this year. Many enterprise and SME buyers availed the facility. The pre-fixed buyer-seller meetings offered fruitful business opportunities, resulting in a substantial number of business transactions.

- Advertisement -

Related Artcles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Buzz

Orb Energy Gets $20 Mn From US-based DFC

0
The startup plans to offer collateral-free solar loans to its commercial and industrial customers Bengaluru-Headquartered solar startup Orb Energy recently announced that it has secured...

Waaree Raises Rs 1000 Crores From Private Funding

0
India’s green energy sector expects to get a boost with the latest funding As per the latest reports, Waaree Energies Limited has fetched around Rs...

Aparajitha Acquires Simpliance Tech

0
The compliance service provider takes up 76% equity stake in Simpliance Aparajitha Corporate Services Private Limited, India’s leading compliance service provider recently announced the acquisition...

Exclusive

Orb Energy Gets $20 Mn From US-based DFC

0
The startup plans to offer collateral-free solar loans to its commercial and industrial customers Bengaluru-Headquartered solar startup Orb Energy recently announced that it has secured...

Waaree Raises Rs 1000 Crores From Private Funding

0
India’s green energy sector expects to get a boost with the latest funding As per the latest reports, Waaree Energies Limited has fetched around Rs...

Aparajitha Acquires Simpliance Tech

0
The compliance service provider takes up 76% equity stake in Simpliance Aparajitha Corporate Services Private Limited, India’s leading compliance service provider recently announced the acquisition...

Important Sectors

Orb Energy Gets $20 Mn From US-based DFC

0
The startup plans to offer collateral-free solar loans to its commercial and industrial customers Bengaluru-Headquartered solar startup Orb Energy recently announced that it has secured...

Waaree Raises Rs 1000 Crores From Private Funding

0
India’s green energy sector expects to get a boost with the latest funding As per the latest reports, Waaree Energies Limited has fetched around Rs...

EcoEnergy Insights Fetches Award For IoT Services

0
The company's BluEdge™ Command Centers got recognition at the awards A Carrier company and AI & IoT solutions provider EcoEnergy Insights recently earned the "Best...

Asteria Aerospace Recieves First Micro Category Drone Certification

0
A200 can also be used to impart pilot training. The A200 drone was fully compliant with the Certification Scheme for Unmanned Aircraft Systems notified in...
EV

Increase in EV Prices Push Away the Potential UK and US Buyers

0
Only 5% of UK and US respondents currently use EV. As per Juniper Research survey, 66% of UK and 61% of US respondents are not...

Manufacturing

Orb Energy Gets $20 Mn From US-based DFC

0
The startup plans to offer collateral-free solar loans to its commercial and industrial customers Bengaluru-Headquartered solar startup Orb Energy recently announced that it has secured...

Sanmina & Reliance JV To Boost Electronics Hardware

0
The joint venture will create a state-of-the-art ‘Manufacturing Technology Center of Excellence' Sanmina Co, a leading integrated manufacturing solutions company recently declared the completion of...
EV

Increase in EV Prices Push Away the Potential UK and US Buyers

0
Only 5% of UK and US respondents currently use EV. As per Juniper Research survey, 66% of UK and 61% of US respondents are not...

Indian EV Startup Euler Motors Raises $60 Million

0
The company intends to increase its production capacity and broaden its offerings range Delhi-based EV Startup Euler Motors secured a sum of $60 million in...

Intel: Quantum Chip Production Hits Major Milestone

0
The research was conducted using Intel’s second-generation silicon spin test chip The Intel Labs and Components Research organizations recently announced that they achieved the industry’s...