MAIT, the apex body representing India’s ICT sector successfully concluded the Electronics Manufacturing Summit 2019 in New Delhi with the launch of the product catalog of Coconics, a new Laptop manufacturer who will design and manufacture “Made in India” products, in the presence of Shri Ajay Prakash Sawhney – Secretary, Ministry of Electronics & IT. The event was conducted in different sessions with the focus on the theme of “Make in India for the World” where the representatives from the government and industry deliberated on promoting Indian brands.
The laptop is being launched by Coconics which is a new public-private company setup in Kerala by UST Global, KELTRON, KSIDC and Acceleron Labs. The development of the product was guided and supported by Intel. It is a benchmark achieved in the ‘Make in India’ campaign. MAIT has always been working towards collaborating with the industry and the government to build visibility for Indian manufacturing industry in the global landscape and encourage policies that facilitate the ‘Make in India’ campaign.
The Summit brought together the global decision-makers in manufacturing, senior representatives from the Central & State Governments and local ecosystem players from ICT supply chain to share their experiences that will help in developing the manufacturing ecosystem in India. The Summit witnessed 300+ delegates from 30 large corporations and 200+ suppliers from electronics component industry. The Summit had presence of distinguished panellists like Shri Sanjay Kumar Rakesh, Joint Secretary, MeitY and Shri S. K Marwaha, Director, MeitY in respective sessions.
Welcoming the delegates Shri Nitin Kunkolienker, President, MAIT and Director & Board Member, Synegra EMS Ltd highlighted that summits like EMS that provide a platform for leaders and the SMBs to connect and showcase the possibilities open for both ends. We are always glad to see the response from the industry and the participation of several global corporations every year in the Electronics Manufacturing Summit. It gives us an opportunity to interact with different thought leaders from the Electronics Manufacturing Fraternity and celebrate revolutionary developments in the field. India’s demand for consumer electronics has grown tremendously in the recent past, leading to an increase in import. Despite the demand, manufacturing in consumer electronics has been limited to assembly of components. Currently, domestic value addition in electronics manufacturing is less than far below the global average. The larger electronics sector is yet to witness a manufacturing boom. Economic reforms like ‘Make in India’ will help the nation in becoming the hub for the global electronics market.
Shri Anwar Shirpurwala, Chief Executive Officer, MAIT said, “At MAIT, we are always working towards promoting the Indian ICT sector and the Electronics Manufacturing Summit is an important initiative in the same direction. This year, we have launched a laptop designed and ‘Made in India’, which will mark the beginning of an era of Indian economic development. It is a positive step, and we are very overwhelmed to be a part of it. Indian ICT industry is transforming rapidly, and it is through a healthy collaboration between the Indian and global organisations that we can build innovative solutions and ground-breaking developments in the field of technology.”
The Summit was structured around three Super Sessions to promote ‘Make in India’. The first session was titled ‘Volume and Value: India’s Participation in Global Value Chain’ where the dignitaries shared their global understanding and discussed means and ways on how India can not only manufacture products in high volumes but also manufacture high value products and gradually increase its value addition. The second Super Session was aimed at discussing amongst the global industry stalwarts their perspective on “Creating Indian OEM”. The session saw discussion around key issues pertaining to development of Made in Indian OEMs and Indian brands, the challenges and learnings faced in the process and the role of global organisations. The last session focused on the “Developing local ecosystem to tap export potential, Policies that can make exports viable and Making FTAs work for exports”.
@Technuter.com News Service