India, August 21, 2020 – India Electronics and Semiconductor Association (IESA) – the premier industry body for the Electronics System Design and Manufacturing (ESDM) industry in the country, is conducting its flagship event Vision Summit 2020, virtually for the first time, considering the convenience and safety of participants across the globe. This is the 15th edition & the current years’ theme is ‘Intelligent Electronics: Driving self-reliant digital economy: Transforming 1.3 Billion lives.’
The IESA Vision-Summit-2020 is focused to drive initiatives and policies for the Intelligent Electronics & Semiconductor products and solutions that will propel the Government of India’s vision of a self-reliant or an #AtmaNirbharBharat. India’s next decade with us being ‘Atmanirbhar’ in Technology will be with Agri-Tech, Transformative Education, Med-Tech, Automotive, Strategic Security towards the ATMAS (Soul) of Self-Reliant India. Intelligent Electronics is the train, powered by Semiconductors taking ATMAS towards the destination of $1Tn Digital Economy goal for India.
Inaugurating the Vision Summit 2020 Dr. Ashwath Narayan, Deputy Chief Minister & Minister of IT & BT, Govt of Karnataka said, “India’s digital economy generates about USD 200 billion of economic value annually. The country can create over USD 1 trillion of economic value from the digital economy in 2025. According to a recently released IESA report, Electronics Production Market (TAM) alone is expected to contribute USD 300 Bn (30%) to Digital economy in 2025. Karnataka has an estimated GSDP of $220 billion and contributes 64% to India’s ESDM exports and 10% to India’s electronic industrial output. Our State is India’s largest chip design hub, with 85+ chip design companies and 70% of India’s chip designers based here. As stated in the KESDM policy 2017-2022, we aim to stimulate the growth of 2000 ESDM startups during the policy period and create 20 lakh (2 million) new jobs by 2025 via Skill Development, Quality Infrastructure, Ecosystem Support, Encouragement to Start-ups, and Ease of Doing Business”.
The inaugural day featured a powerful line-up of speakers including Dr. Ashwath Narayan, Deputy Chief Minister & Minister of IT & BT, Govt of Karnataka; Ajay Sawhney, Secretary, MeitY Govt of India; Vinod Dham, Founder and Executive Managing Partner at Indo-US Venture Partners; Nivruti Rai, Country Head, Intel India VP Data Centre Group, Intel Corp.; Deepak Bagla, MD & CEO, Invest India; Dr Manish Gupta, Director, Google Research; John Neuffer, President & CEO, SIA; Padma Bhushan Arogyaswami Paulraj, Professor (research) of Electrical Engineering, Emeritus, Stanford University and many more industry expert took part in panel discussions.
The second day of the event started with a keynote from Dr. Omkar Rai, Director General, STPI; Mark Papermaster, CTO & EVP, Technology & Engineering, AMD; Dr. Siva Sivaram, President, Western Digital; Dr. Rob Atkins, Fellow & Director of Technology, ARM; Dr. Nagasubramaniyan Chandrasekaran, SVP, Process R&D & Ops, Micron; Samir Patel, Chief Strategy Officer – Semiconductor Business, HCL Technologies; Anku Jain, MD, MediaTek, India; Gary Smith, President & CEO, Ciena. The event also witnessed vision talks, fireside chats, theme sessions with prominent people like Mohandas Pai, Chairman, Aarin Capital & Manipal Global Education; Sh. Tejasvi Surya, Member of Parliament, Bangalore South; Dr. EV Ramana Reddy, IAS, ACS, Electronics, IT, BT, Sc & Tech, Karnataka; Sh. Jayesh Ranjan, IAS, Principal Secretary, Industry, Commerce & IT, Telangana; Sh. Manoj Mishra, IAS, Secretary of Electronics & IT, Odisha; Meena Nagaraj, MD, KITS; Ruchir Dixit, Country Manager, Mentor – A Siemens Business; Raja Subramaniam, Country Director, Synopsys India.
This Vision Summit also highlighted the Cohesive thought from all the Visionaries from the world that India should set up ‘National Electronics Commission’ reporting directly to the Prime Minister of the Nation as a long-term strategy to make India a Global powerhouse in Electronics & Semiconductors.
The third day will see industry experts and visionaries like, Sh. Sanjay Dhotre, Hon Union Minister of State, Education, Communication And Electronics & IT; Soma Pandey, General Manager, Reliance Jio; Prof. Dave Patterson, Prof. Emeritus, U.C. Berkeley; Manu Gulati, Founder & SVP, Nuvia; Dr. Vamsi Boppana, SVP, Xilinx; Dinesh Ramanathan, CEO & Co-Founder, NextGen Power (GaN Fab); and theme sessions, vision talks, product showcase.
Sh. Ajay Sawhney IAS, Secretary, MeitY, Govt of India in his vision talk on MeitY’ s Mighty Vision said, ‘We have been making efforts to grow the entire ecosystem. Last year, we were able to bring out the National Policy of Electronics 2019. Even during the pandemic, we came out with schemes that were made available from 2nd April and in June, we opened for applications. The responses met our expectation – in fact, it was higher than what we had expected at the inception of the scheme. Over the next 4-5 years’ time, we expect the incremental production – over and above the base year 2019-20, to be around 11.5 lakh crores and the exports to be more than 8 lakh crores during this period’.
Addressing the community, Vinod Dham, Founder and Executive, Managing Partner, Indo-US Venture emphasized on four key focus areas – “India has to build a Fabless ecosystem with a fund of $500m ; Setup & Spur up local Chip Assembly, Test, Marking and Packing (ATMP) Capability; SCL Fab should be Upgraded to a 65nm Fab to meet growing strategic needs; 14nm Fab should be built jointly between Government and India Inc. for fabricating emerging IoT chip and Smart Processors”.
Dr. Satya Gupta, IESA Chairman & CEO, Seedeyas Innovation, welcoming the audience to the event said, “Electronics is the most important tool for inclusive growth and Semiconductors is the greatest enabler of prosperity, achieving the long cherished goals of “Doubling income of farmers”, “Healthcare for all”, “Education for all”, “Clean water & Air for all” & “Strategic security” for the country. At IESA, we believe in putting as much focus on product development as much as manufacturing for long-term self-reliance. We should synergize & collaborate towards the goal of creating an ‘Electronics Products Nation’ & make India the Global powerhouse for Electronics & Semiconductors. The concrete sentiment to innovate, deliver and compete should become the ‘Mantra’ for building a self-reliant nation.”
Speaking on the promise of technology which can alter our life and lifestyle, Nivruti Rai, Country Head, Intel India, V.P. DCG, Intel Corp said, “Technology is going to redefine the era we are stepping into. From computing era to the connected era, we are getting into the devices where we are going to be living an intelligent device era. The more value for us as humans will come from the fact that every device we are using is connected and talking to each other. We need to drive innovations, friendlier policies and regulations, and build solutions for India to leverage academia, researchers, start-ups and intellect of multiple people.”
Deepak Bagla, MD & CEO, Invest India informed, “For the first time, in human economic history, a brand new company could get 100 million new clients in 180 days at the cost of one-fifth of acquiring a customer as compared to a global average. And that is a growing power of this economy – one of the fastest-growing power. Not only India is now one of the largest markets, it is one of the fastest-growing, youngest markets with a tremendous workforce and human resource to help in that growth.”
For more information about the Vision Summit 2020, please visit https://www.iesavisionsummit.org