Karnataka ESDM policy 2013 leverages national electronics initiative

Karnataka, particularly Bangalore is the technology hotbed since the days it started housing big public enterprises such as BEL and ISRO in Electronics. Bangalore, the silicon valley for this part of the world has a leading role in design, production and use of electronics systems. The amount of electronics business in Bangalore is far higher than any other city in India. You ask any component distributor, most of them say 50 -60% of their business comes from Bangalore and the nearby areas which include cities such as Hosur and Mysore. There is also a hardware cluster come up near Hindupur, Andhra Pradesh, a town closer to Bangalore. With this amount of role, the Bangalore and Karnataka playing, there is high priority given to electronics business due to its potential to tilt trade imbalance in favour of India. Karnataka has announced its own ESDM (Electronics System Design and Manufacturing) policy 2013 to support electronics manufacturing in Karnataka. Karnataka ESDM policy 2013 takes the full advantage of national electronics policy. Below are some of the highlights of the Karnataka ESDM policy: 1. Preferential Market Access (PMA) Policy In line with the Government of India policy, Preferential Market Access shall be given to “Karnataka ESDM companies” for the ESDM products procured by all Government Departments of Karnataka. 2. Karnataka will set up three ES...