New Delhi: Union Minister of State for Communications & IT, Shri Sachin Pilot, today emphasised the importance of the role of the State Governments in the promotion of Electronics System and Design Manufacturing (ESDM) industry in the country. He was addressing a meeting with Chief Ministers and Ministers of the States held in New Delhi today. He also added that while the Government is coming up with a comprehensive policy framework to make it globally competitive to invest in India.
The Minister said that electronics demand in the country is growing exponentially and most of it is being met through imports. There is a huge economic opportunity in developing the ESDM industry in India. Moreover, development of ESDM industry is also extremely important for strategic reasons. According to DIT Task Force Report, the demand for electronics is expected to exceed USD 400 Billion by 2020.
The objective of the new policy framework is to be able to increase the domestic production of ESDM to around USD 400 Billion. This would involve investment of nearly USD 100 Billion and employment for 28 million people at different level. In ESDM, the State Governments have an extremely important role to play in this regard. The State Governments should consider developing attractive policies for attracting the investment to their states. They can develop Electronic Manufacturing Clusters, create necessary human resource required by the industry and effective single window mechanisms so as to provide ease in doing business in the State.
R Chandrasekhar IAS, Secretary Telecom & IT mentioned that the initiatives planned to promote the ESDM country included setting of semiconductor 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 is also proposed to steer the whole programme.
Senior officials of the Central Government, State Governments, representatives of industry associations including CII, MAIT, ISA, ELCINA, ICA, TEMA, among others also participated in the meeting.
This announcement comes at a time when the Kerala Government has identified electronics manufacturing as a key area for growth. The recently published draft of the new IT Policy envisages utilisation of all the resources and opportunities available from GOI for the development of IT in the State in areas like hi-tech Hardware Manufacturing.
Kerala IT News
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