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Home » IANS » Prasad exhorts electronics industry to explore new opportunities

Prasad exhorts electronics industry to explore new opportunities

By IANS
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New Delhi, April 29 (IANS) Union Electronics and Information Technology Minister Ravi Shankar Prasad on Wednesday exhorted the electronics industry to explore the new opportunities that are arising out of adversity and make the country the global hub of electronics manufacturing.

During a meeting with electronics industry associations, chambers and prominent industry players, Prasad asked the electronics industry to take advantage of the opportunity and new schemes notified by the ministry, attract global investment and strengthen the sector. He emphasised the role of the medical electronics industry that is at a point of a complete turnaround.

The ministry officials presented the current Covid-19 situation and it was announced that the Aarogya Setu app has reached around 8 crore mobile phones in the country.

The efforts made by the the ministry to handle the situation in the short term, medium term & long term perspective to minimise the effect of Covid-19 were presented during the meeting.

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.

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 Union Minister apprised the industry that the requests regarding broadening the definition of essential goods to ICT products, retail/online sale of ICT essential goods, authorised sales and services of ICT essential goods has already been taken up with the Ministry of Home Affairs.

Under the newly notified schemes of the MeitY to promote electronics manufacturing, the Central government will provide a financial support of Rs 50,000 crore for ESDM industry. Further, he mentioned that MeitY’s initiatives like Aarogya Setu, Aadhar, Digital payments etc. have played a very important role in fighting against Covid-19.

Industry representatives presented the “Restart, Restore and Resurgence” model to capture the global opportunity in the Electronics System Design and Manufacturing (ESDM) sector.

The 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.

Prasad instructed the ministry officials to extend full support to the industry and liaison with states/UTs 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 Manufacturers 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, and Indian Telephone Industry Ltd (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.

–IANS

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(This story has not been edited by Newsd staff and is auto-generated from a syndicated feed.)
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