Smarttech Manufacturing & Electronics India Congress to Support Invest in India Initiative

By: DT News Network
October, 05, 2019

With India having the 3rd largest Start Up ecosystem in the world – The electronics, electronic components, systems & applications market of India is one of the largest in the world and is expected to reach USD 400 billion in 2020. With an aim to support Govt. of India’s Invest India initiative and showcase India’s ESDM industry capabilities, the 2nd Edition of Smarttech Manufacturing & Electronics India Congress is being held on 10th October 2019 in New Delhi to facilitate consensus building, analysis and groupthink among the leading & credible minds in ESDM ecosystem in India and govt. officials.  

Supported by reputed industry partners MediaTek, Indian Cellular & Electronics Association (ICEA) & Electropreneur Park, this year’s edition will congregate 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 & consumer electronics manufacturers to discuss industry challenges and identify opportunities to address them together. The event is being organized by Konnect Worldwide Business Media.

Speaking on the announcement of the event, Mr. Anku Jain, Managing Director, MediaTek India says, “With investment friendly policies of the Government of India, India has emerged as a major power in the technological space whether its related to AI, IoT, R&D or manufacturing for the technological giants of the world. With government programmes like Make In India, Invest India and Startup India bringing in the foreign investment, electronic multinationals setting manufacturing plants in India and  having the 3rd largest Startup ecosystem in the world – the electronics, electronic components, systems & applications market of India is expected to reach USD 400 billion in 2020. It is very important for the industry players and startups from the technology space to come on common platforms like SmartTech Manufacturing and Electronics India Congress 2019 - Invest in India and discuss how the sector can support the government and nurture Indian talent.” 

Mr. Pankaj Mohindroo, Chairman, Indian Cellular & Electronics Association (ICEA) says, “With investment friendly policies of the Government of India & recent landmark corporate tax relief, India has got a major boost for new manufacturing mobile handset units.  We are confident that with such enabling policy environment in place it would not be impossible to reach the mobile handset manufacturing target of $190 billion by 2025 which is approx. 50% of the total electronics manufacturing target with a total export target of $110 billion. Industry forums like Smart tech Manufacturing Electronics India Congress by congregating industry leaders at a common platform offer compelling platform to government for supporting Invest in India Initiatives” 

Mr. Aman Khanna Founder & Director, Konnect Worldwide Business Media, added, “Smarttech Manufacturing & Electronics India Congress is a key meeting point & discussion forum for Senior representative decision makers from Consumer Electronic Companies & Govt. Sector We are confident that this year’s edition will play a significant role for supporting Govt. of India’s ‘Invest in India’ initiative among the consumer electronics companies and enable Govt. to attract investments in the country.

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