Believes entrepreneurship will be key in transforming “Make in India” in ESDM into a success. India Electronics and Semiconductor Association (IESA), the trade body representing the Indian Electronic System Design and Manufacturing (ESDM) industry, has acknowledged and applauded the pro-startup initiatives undertaken by the Government of India.
IESA, being an industry association, has witnessed a huge turnaround in the electronics manufacturing landscape with “Make in India” campaign. The association believes ‘Startup India’ will soon replicate a similar success.
MN Vidyashankar, President, IESA, said, “We are in the era of redefining India’s future economy. With focussed campaigns, we are gradually moving towards developed economy by creating manufacturing opportunities, bridging India’s digital divide, and now, promoting the entrepreneurial spirits with ‘Startup India’. Today, India is among the priority nations for any commercial transaction and thereby indicating the country’s steady economic importance in the global landscape. Our entrepreneurs are bound to be benefitted from the nation’s economic upliftment and soon we will witness an entrepreneur in every home.”
IESA has been relentlessly working towards creating a strong startup ecosystem in the ESDM sector. The association aims to create more institutions like Electropreneur Park, in every region of India. The association has also supported startups like Sensegiz, Cardiac Design Labs, Xenon and many more in securing funding.