After seeing the enthusiasm at electronics manufacturing event electronica India 2014 concluded recently at Bangalore, it can be said the momentum is really building up resulting in lesser and lesser pessimism on India's electronics manufacturing capabilities. There is a lot of hope due to the consistent message from the government from the past few years. It all started as National electronic Mission by the previous government and now as Make In India push from the present government.
Things are already delayed, there is no chance of risking further delay in action. Semiconductor fabs need to be making chips with in another 24-30 months.
Electronics industry bodies Manufacturers Association of Information Technology (MAIT) and India electronics and semiconductor Association (IESA) have praised Make In India call by the Prime Minister.
MAIT stated in its release "The emphasis on removing ground hurdles is also an important move which would help build confidence amongst the investors. We also welcome the need for building a strong relation between the government and the businesses. This would go a long way in creating a healthy business environment. The emphasis on job creation for the poor as a result of setting up of manufacturing in the country is also laudable. MAIT also welcomes the commitment of the government towards providing defined timelines for all clearances apart from providing exemptions from rules and regulations related to labour, environment. All these steps would go a long way in clearing some of the hurdles which existed before"
Mr. Ashok Chandak, Chairman, IESA said, “Make in India is a government initiated program aimed at expanding the pie of opportunities to create a positive spiral (Chakra) effect of employment, purchasing power, spending and supply. We believe Make in India is to create an Orbit Changing Atmosphere which will be conducive for major breakthroughs in the design led manufacturing. IESA has been advocating India’s stance as an ESDM powerhouse and we’re glad to see the PM’s initiative towards making India a preferred manufacturing destination encompassing 25 sectors that includes ESDM and several other sectors that rely heavily on electronics. The “3D composition of Democracy – Demography – Demand” will have a multiplier effect on the over contribution of manufacturing in the GDP with potential to take it from 15% to 25% in the future.”
M.N. Vidyashankar, President, IESA related Mars Orbiter Mission (MoM) success with Make In India call where he said "This remarkable achievement (MoM) will boost the new generation to think and work for world class initiatives in the technology space. It’s time for India to continue the momentum towards ‘MAKE IN INDIA FOR THE WORLD’, especially in the need verticals like Electronics, Aviation and Defense. ”