Citing NASSCOM s predictions, he emphasizes that by 2026, cloud technology s contribution to India s GDP could range from Rs315 to Rs375 billion, and it has the potential to create 14 million jobs both directly and indirectly.
We welcome HPE s decision to start their manufacturing line in India, as it will enhance domestic production capacities, said Vaishnaw.The recently announced Production Linked Incentive (PLI) Scheme 2.0 aims to make India a global hub for Electronics System Design and Manufacturing (ESDM).
The India Electronics and Semiconductor Association (IESA) and Counterpoint Research recently reported that India s semiconductor market is expected to reach Rs64 billion USD by 2026, which is nearly triple its 2019 size of Rs22.7 billion USD.
Sudhir Naik, treasurer at India Electronics & Semiconductor Association (IESA) and founder of eInfochips, Gujarat, also talked about some geographical advantages. Gujarat has a unique advantage of a 940 sq km land parcel, which is not available anywhere in India or Asia. This land is ideal for semiconductor manufacturing, which requires a lot of space, he said.
The semiconductor manufacturing firm is engaged in developing solutions for industrial, automotive, data centre, aerospace, defence and other segments. According to India Electronics and Semiconductor Association (IESA) and Counterpoint Research, the semiconductor market, in India, is expected to reach USD 64 billion by 2026.
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The Semiconductor Industry Association wrote in its February 2023 India Semiconductor Sectorwhite paper that the country now accounts for 20 percent of the total global design workforce .
The recently announced Production Linked Incentive (PLI) Scheme 2.0 aims to make India a global hub for Electronics System Design and Manufacturing (ESDM). We believe largescale IT hardware manufacturing will help in broadening and deepening the manufacturing ecosystem, the minister added.
HPE to manufacture highvolume servers worth Rs1 bn in India – DT Next Read More »
The recently announced Production Linked Incentive (PLI) Scheme 2.0 aims to make India a global hub for Electronics System Design and Manufacturing (ESDM). We believe largescale IT hardware manufacturing will help in broadening and deepening the manufacturing ecosystem.
The recently announced PLI Scheme 2.0 aims to make India a global hub for electronics system design and manufacturing (ESDM). We believe largescale IT hardware manufacturing will help in broadening and deepening the manufacturing ecosystem, he added.
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We welcome HPE’s decision to start their manufacturing line in India, as it will enhance domestic production capacities,” communications and IT minister, Ashwini Vaishnaw said. He added that the recently announced IT PLI Scheme 2.0 aims to make India a global hub for electronics system design and manufacturing (ESDM).
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