Electronics design space to get Rs 2 lakh cr investment – Feedback

Investments up to Rs two lakh crore is expected in India in the electronics system design and manufacturing space within the next four years, says industry body IESA.

IESA (India Electronics and Semiconductor Association) president M N Vidyashankar said applications cleared at the Central and state level are worth about Rs 1.5 lakh crore over the last two-and-half years, under various programmes in the ESDM (Electronics System Design and Manufacturing) space. As per industry estimates, up to Rs two lakh crore is expected to be invested in India in the ESDM sector in the next three to four years, making use of policy dispensations available at the Central and state levels,” he told. Vidyashankar said IESA, the trade body representing the ESDM industry in India, would set up front offices in Taiwan (Taipei) by December and Japan (Fukoka) soon to attract investment.

http://www.moneycontrol.com/news/business/electronics-design-space-to-get-rs-2-lakh-cr-investment-iesa_7543241.html

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