Aims to strengthen ties with the local industry and government to make Hyderabad an ESDM and Aerospace and Defense hub
IESA, India Electronics and Semiconductor Association the premier trade body representing the Indian Electronics System Design and Manufacturing (ESDM) industry, today announced the launch of their Hyderabad Chapter. The key objectives of setting up an office in Hyderabad is to widen the eco-system, acquire new members and strengthen the supply chain in the region. This move will boost the electronics, hardware and semiconductor startups and firms in the state with the required support and information. There will also be a large thrust on the Aerospace & Defense manufacturing too.
Telangana contributes to 6% of the electronics production in the country and aims to reach a revenue of more than $10Bn and provide employment to 1.75L citizens. The Telangana Government is planning to make Hyderabad as the hub of ESDM and is pursuing to attract investments into the two ESDM clusters at e-City Manufacturing Cluster and Maheshwaram Science Park. With a view to facilitating investments in the electronics manufacturing industry, IESA has gearing up to strengthen operations in Telengana this year.
Excited with this announcement, K. Krishna Moorthy, Chairman, IESA said, “This is a proud moment for us as we have now expanded our presence across the major technology hubs of the nation. With this launch, we now have an even more strengthened support to bring India into the global radar for manufacturing innovation. Several policy initiatives have been approved in last few months which include providing very attractive financial investment in electronics manufacturing and providing preference to domestically manufactured electronic goods in all Government procurement as well as all those electronic goods whose use has security implications for the country. This expansion has put us in the right path for the fulfilment of our objectives and aiding the government of India to digitally empower the nation. We are certain that, with the right mix of trained professionals and regional expertise we will make our vision of making India the global hub for innovation a successful reality very soon.”
Spearheading and strengthening ties with the local industry, MosChip Semiconductor has joined hands with IESA. Speaking at the launch of the IESA Hyderabad chapter, Ram Reddy, CEO & Chairman, Moschip Semiconductor, said “We are delighted to be a member company of IESA Hyderabad. We strongly believe that this collaboration will be an impetus to start-ups and engineering/ research students to promote the country’s top design engineers and buyers with the best degree of technical knowhow and help bring the Government and ecosystem together on the same platform.”
Commenting on this move, Mr. M.N. Vidyashankar, President, IESA added, “We are delighted to announce the launch of the new IESA Chapter in Hyderabad. We need to improve the supply chain. We could achieve innovation-led design in the semiconductor space. But, what we lack is design-led-manufacturing. With the recently announced Chennai chapter and this launch, we have further expanded our reach to enrich the supply chain and make significant inroads in making the country the next manufacturing hub. We strongly believe that this expansion will fast-forward our operations and enable us to achieve the common goal of giving a boost to design-led-manufacturing.”
