India’s ESDM sector to optimistically reach US$228 billion by 2020 says IESA and EY report efy.in

– “Design led manufacturing to amplify growth of India’s ESDM industry” said IESA – The IESA Technovation Sarabhai Award went to Dr. Kiran Kumar, Chairman – Indian Space Research Organisation (ISRO) Bangalore, India: February 21, 2017: India Electronics and Semiconductor Association (IESA), the premier trade body, representing the Indian electronic system design and manufacturing (ESDM) today commenced IESA Vision Summit 2017. This is the 12th edition of Vision Summit focused on the central theme of Design led Manufacturing- Redefining the future of India’s ESDM. This edition will feature large and medium sized IT companies as well as the starts ups. IESA is working along with the Central/State Government in developing policies and taking measures to scale up indigenous production in India to meet the rising demand for electronics. The riveting inauguration of the summit was addressed by Sh. Rajiv Bansal, Joint Secretary, MeitY, Govt. of India, Ravi Gururaj, President, TiE Bangalore and K Krishna Moorthy, Chairman, IESA. The Summit attracted thought provoking keynotes, panel sessions and workshops from CXO’s of global majors like Cypress Semiconductors, Rambus, Qualcomm, IBM, Tessolve, Seagate, Western Digital, MediaTek, Applied Materials and IMEC, Lam Research, Soitec and many others. The event also attracted delegations from Japan, Scotland, Taiwan and Philippines, France, Belgium and USA. The workshops on “Designing with Fully Depleted Silicon-on-Insulator (FDSOI) technology for IOT products, Creating ESDM Product Innovation Hubs on Campus” and “India Digital Broadcast” was also well received by the attendees of Vision Summit 2017 The Summit also marked the announcement of IESA – EY executive summary report highlights which stated India’s ESDM sector to optimistically reach about US$228 billion by 2020. It also added that, the $100+ billion opportunity in 2016-17 will grow further at a CAGR of 16- 23%. Apart from sector specific drivers, the forecasts are based upon overall Continue Reading