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India Electronics and Semiconductor Association (IESA), the premier trade body representing the Indian Electronic System Design and Manufacturing (ESDM) industry today signed an Memorandum of Understanding (MoU) with Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA) to set up a electronic manufacturing cluster in Pune.
The MoU is part of the collaboration under which IESA is assisting Government of Maharashtra towards setting up a brownfield electronic manufacturing cluster (EMC).
This project will benefit more than 500 companies in and around Pune, said MCCIA.The new entity will assist the companies end to end solutions right from R&D, production, testing and measurement marketing to shipping.
The cluster is part of plan to set up such clusters at Bangalore, Chandigarh and Bhubaneshwar in the next one year by IESA and Department of Electronics and Information Technology. Each of these clusters would need an investment of Rs 100 core and the focus areas would include auto electronics, defense electronics, instrumentation and agriculture. Facilities planned include test and measurement, prototyping, and calibration.
“The state government has identified ESDM as a sector of focus. As one of the salient initiatives in this direction, the state has decided to set up three brownfield EMCs, one each at Pune, Aurangabad and Navi Mumbai. Being the hubs of ESDM industry in the state, the EMC will provide common facilities for production and R&D support services which will benefit the local companies in terms of cost competitiveness, faster turnaround time. Besides the funding support available from DeitY, GoI under its EMC Scheme, the state will also extend its pro-active support to enable these clusters to be set up at the earliest,” said P. Anabalgan, joint CEO, MIDC (Maharashtra Industrial Development Corporation).
Commenting on the partnership, Ashok Chandak, chairman, IESA stated, “IESA is closely working with Government and Industry to make India a default destination for electronics design led manufacturing. As one of the major step in realizing this vision, IESA and MCCIA have decided to collaborate towards setting up Pune’s electronic manufacturing cluster. Leveraging the initiatives of MIDC and entrepreneurial ecosystem, Pune can drive innovation in electronics sector and catalyze the economic growth of the region.”
He added that the electronics product market in India is worth $60 billion dollars out of which components worth $20 billion dollars are manufactured in India. Its our effort to bridge this gap with high local value addition with a target of meeting 50 per cent of the demand domestically by 2018.
