“The government have been pleased to approve the ESDM road map submitted by IESA,” Satyabrata Ray, deputy secretary of the IT department wrote to General Manager, Odisha Computer Application Centre (OCAC), the technical directorate of IT department.
Officials said, the steps will soon be initiated to implement the recommendations of the report. The ESDM sector, as per the IESA projection, is poised to generate cumulative revenue of Rs 18,800 crore in Odisha by 2024. Apart from revenue IESA has also projected potential investments and employment opportunities in ESDM field in the report. It said, investments of Rs 7,340 crore need to be pumped into the sector in three phases to realise the projected revenue. Phase 1 (2016-18) can start with system integration and assembly of low complexity products and components.
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In Phase-2 (2019-21), the manufacturing activities would get deeper into CKD (completely knocked down) assembly, component production and manufacturing of products with medium to high complexity. The focus in Phase 3 (2022-24) can be on products that are complex or require a mature ecosystem, and require good talent availability and large investment.
The industry body has estimated that the sector has a potential to generate about 60,000 jobs in the next 10 years. IESA has suggested change in the name of Department of IT as Department of Electronics & IT on the lines of renaming of the Government of India’s Department of Information Technology to Department of Electronics & IT (DeitY).
The industry body has identified Rayagada, Sundergarh, Balasore and Ganjam districts as the potential areas for setting up of ESDM projects after a SWOT (strength, weakness, opportunities and threat) analysis. Presently, the focus is mainly on Khurda district where the proposed Info Valley, a dedicated IT hub, is coming up. As per the estimates, the demand for electronics in India was $ 45 billion in 2008-09 and is expected to touch $ 400 billion by 2020. The National Policy on Electronics has set a target to attract investment of around $100 billion and create employment opportunity for 28 million people by 2020.