Strengthen sector with global investors
The Electronics Industry has been urged to explore the new opportunities that are arising out of the adversity during the COVID-19 and make India a global hub of electronics manufacturing.
Making this call, Minister of Electronics and Information Technology Ravi Shankar Prasad told the industry to take advantage of the opportunity and attract global investment and strengthen the sector.
He emphasized the role of Medical Electronics Industry that is at a point of a complete turnaround.
The ministry officials also presented the current COVID-19 situation and Aarogya Setu platform and thanked the mobile industry for their support in making the app which has reached around 8 crore mobile phones in the country.
It was also mentioned that major electronics manufacturing clusters are facing local restrictions because of their presence in high risk zones like Noida, Greater Noida, Maharashtra, Tamil Nadu, Andhra Pradesh etc.
Officials also appreciated the support received from the industry in formulation of new Schemes for promotion of electronics industry and SOP Guidelines for COVID-19.
The Minister apprised the industry that the requests regarding broadening the definition of essential goods to ICT products, retail, online sale of ICT essential goods, authorized sales and Services of ICT essential goods has already been taken up with Ministry of Home Affairs.
Under the newly notified schemes of MeitY to promote electronics manufacturing, the Government will provide a financial support of Rs.50,000 crore for ESDM industry.
Industry representatives presented “Restart, Restore and Resurgence” model to capture the global opportunity in Electronics System Design and Manufacturing (ESDM) sector.
Majority of the participants appreciated the new trilogy of schemes of MeitY, namely, PLI, SPECS and EMC2.0 to support the electronics manufacturing sector. Industry raised various issues related to working of factories, logistics, export, supply chain disruption and demand shock due to COVID-19.
The Minister instructed the ministry officials to extend full support to the industry and liaison with states and Union Territories for reopening of electronics manufacturing facilities.
The meeting was attended by major Associations i.e. Manufacturers Association for Information Technology (MAIT), Indian Cellular & Electronics Association (ICEA), Electronic Industries Association of India (ELCINA), India Electronics & Semiconductor Association (IESA), Consumer Electronics & Appliances Manufacturers Association (CEAMA), Indian Printed Circuit Association (IPCA), Electric Lamp and Components Manufacturer’s Association of India (ELCOMA), Confederation of Indian Industry (CII), Federation of Indian Chambers of Commerce & Industry (FICCI), Associated Chambers of Commerce and Industry of India (ASSOCHAM), Internet and Mobile Association of India (IAMAI), Association of Indian Medical Device Industry (AiMED), Telecom Equipment Manufacturers Association of India (TEMA), PhD Chambers, Indian Telephone Industry Limited (ITI). It was also attended by various Industry leaders in mobile, consumer electronics, telecom and other segments of electronics manufacturing such as Apple, Samsung, Xiaomi, Foxconn, Lava, Wistron, Oppo, Flex, Sterlite, Micromax, Deki Electronics, Tejas Networks Ltd, Panasonic etc. fiinews.com
