Kolkata, Oct 11 : With India having the third largest Startup ecosystem in the world, the electronics, electronic components, systems and applications market is expected to see a huge jump in the coming future with increasing number of Indians adopting new devices and technologies, according to experts.
Distinguished leaders in the digital and mobile space were speaking at the Smarttech Manufacturing and Electronics India Congress 2019 held in Delhi yesterday, according to a statement released to UNI here today.
Speaking at the event, Dr. Neeta Verma, Director General – National Informatics Centre, Government of India, highlighted the significance of emerging technologies and how it is helping re-imagine the service delivery to citizens.
'There is not one aspect left today which is left untouched by mobile devices and computers. Be it government or corporate all are putting special emphasis on going digital. Mobile phones have reached to all leading to a mobile revolution in the country. Now a big wave of growth for digital devices can come from healthcare and public safety sectors where there is a huge potential which needs to be leveraged effectively,' the statement quoted Dr Verma as saying.
Supported by reputed industry partners MediaTek, Indian Cellular & Electronics Association (ICEA) & Electropreneur Park, this year’s edition saw congregation of key decision makers, Govt. of India – Ministry of Electronics & IT, National Informatics Centre, Niti Aayog, Department of Industrial Policy & Promotion and Sr. level leadership from leading mobile and consumer electronics manufacturers to discuss industry challenges and identify opportunities to address them together. The event was organised by Konnect Worldwide Business Media.
Pankaj Mohindroo, Chairman of India Cellular & Electronics Association (ICEA), said, "India is changing very rapidly and moving in the direction of being a global leader in mobile and other verticals in manufacturing. I am quite confident of India becoming the world’s largest mobile manufacturer in the world by 2025. Today we are 15 per cent of the world's manufacturing, we today export chargers to China and now we need a huge global ecosystems come to produce in India and export to the world. That's the time when we will grow in real strength, we can't elongate the market as our domestic market is already saturated. Invest in India is needed for the long term sustainability of the country’s economy and growth in real terms."
Anil Srivastava, Principal Consultant and Mission Director, National Mission on Transformative Mobility and Battery Storage, NITI Aayog, said, "Invest in India can be a big thing if done in the right way – India today is a huge market in aviation, automobiles and smartphones. Almost every sector is a sunrise sector in India and this a great opportunity for all. To get people to invest in India we need to break systems to get things done, we Indians are smart and we should not let anything stop us."
Anku Jain, Managing Director of MediaTek India, said, "It is an honour to be part of Smart tech Manufacturing and Electronics India Congress 2019 - Invest in India, platform like this is an apt opportunity for industry stakeholders to meet policy makers and discuss plan of action to achieve the target of $ 5 trillion economy by 2025. It is time that the major players of the sector should come forward, act as a brand ambassador for the country and make the international fraternity aware about the investment friendly policies of the Indian government and key focus to promote the electronics, electronic components, systems and applications market."(UNI)