Government aims to promote ESDM sector

- Advertisement -
- Advertisement -

In a meeting organised by Department of Information Technology (DIT) for state chief ministers and ministers to discuss the proposed road map for development of Electronic System Design and Manufacturing (ESDM) sector in the country in August, the role of state government in promoting ESDM sector including land for electronic manufacturing clusters, developing capacities in universities and colleges for ESDM related post graduate/ graduate courses, setting up of incubation centres and effective single window clearances was emphasised.

Presiding over the meeting, Sachin Pilot, MoS, Communications & IT emphasised the importance of the role of the state governments in the promotion of ESDM industry in the country. Milind Deora, MoS, Communications and IT highlighted the need for linking the tremendous growth in the telecom sector and development of manufacturing capabilities in the country.

- Advertisement -

R Chandrasekhar, secretary Telecom and IT mentioned that the initiatives planned to promote the ESDM country included setting of semiconductor wafer manufacturing fabs, providing special incentive package for investments across the value chain in ESDM, setting up of electronic manufacturing clusters, preferential market access for domestically produced electronic goods in government procurement and providing assistance for R&D and innovation in the sector. A National Electronics Mission was also proposed to steer the whole programme.

- Advertisement -

Related Artcles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exclusive

Exclusive: AET Display Says Will Invest Rs 350 Crore In India In Five Years

0
Headquartered in China, the company believes that the Indian market for LED Displays will grow better than in its home country five years from...
teamwork

Team Comes First… Maybe Not

0
The order of priorities may vary, but building a strong team is essential for the long-term success of any startup. By strategically navigating the...

AMU’s Nehal Gupta Says Used EV Market Key To CEV Finance

0
Unlike the used vehicle market, no market exists for used commercial EVs. The former has been one of India's biggest vehicle sales enablers. So,...

Buzz

Samsung Chip

Samsung Launches New Business Division for AI Chips

0
Operating under the Device Solutions (DS) division, the unit's focus is on developing transformative technologies like its 3 nm GAA technology. Samsung Electronics Co., the...
Drones

Garuda Aerospace Expedites IPO for Namo Drone Didi

0
Garuda Aerospace is poised to train 15,000 women rural entrepreneurs in using drones for ‘Namo Drone Didi’. Garuda Aerospace, a prominent Indian drone startup, expedites...

Indian ODM Oakter Approved Under PLI 2.0

0
Oakter aims to contribute 30,000 new jobs under this scheme. R.I.O.T. Labz Pvt. Ltd., operating under the brand Oakter, an Indian electronics manufacturer specializing in...

Important Sectors

Drones

Garuda Aerospace Expedites IPO for Namo Drone Didi

0
Garuda Aerospace is poised to train 15,000 women rural entrepreneurs in using drones for ‘Namo Drone Didi’. Garuda Aerospace, a prominent Indian drone startup, expedites...

Indian ODM Oakter Approved Under PLI 2.0

0
Oakter aims to contribute 30,000 new jobs under this scheme. R.I.O.T. Labz Pvt. Ltd., operating under the brand Oakter, an Indian electronics manufacturer specializing in...
Semiconductor

Siemens & Intel Partner To Boost Semiconductor Industry And Sustainability

0
The collaboration will grow the digitalisation and sustainability of microelectronics manufacturing Energy management optimisation and carbon footprints across the value chain will be...

Amkor Announces New Advanced Chip Packaging Facility

0
Amkor to cater diverse sectors such as automotive, high-performance computing, and mobile applications The company has applied for funding from the CHIPS program,...

Octopus EV Secures $700M For Employee EV Expansion

0
Octopus Electric Vehicles offers a "salary sacrifice" program, enabling drivers to save up to 40% on a new EV by deducting payments from their...

Manufacturing

Indian ODM Oakter Approved Under PLI 2.0

0
Oakter aims to contribute 30,000 new jobs under this scheme. R.I.O.T. Labz Pvt. Ltd., operating under the brand Oakter, an Indian electronics manufacturer specializing in...

High-Level Executives Announce Their Departure from Stellantis

0
This declaration was made just half a year after Mahajan's elevation to the position of Sales and Marketing Director for the ASEAN markets at...

Foxconn to Expand its Footprint in India

0
This investment follows Foxconn's withdrawal from a $19.5 billion chipmaking joint venture in India. Hon Hai Precision Industry Co., also known as Foxconn Technology, plans...

Toyota Group Announces Sale Of Denso Shares Worth US$ 4.7 Billion

0
The stake sale occurs as the Japanese giant accelerates its electric vehicle production. Toyota Motor and its affiliates, Toyota Industries and Aisin are set to...

Union Industry Minister Piyush Goyal Meets Micron CEO for Expansion in India

0
He also met with entrepreneurs and VCs who can contribute to India’s growing talent in technological areas such as artificial intelligence. India's Commerce and Industry...