IESA announces four MoUs to bridge ESDM Talent Gap at Vision 2017

NEW DELHI: Promoting the vision of making India the ESDM product innovation hub , India Electronics and Semiconductor Association ( IESA ), the premier trade body representing the Indian ESDM (Electronic System Design and Manufacturing) industry at their annual flagship event, Vision Summit announced their association with India’s leading engineering institutes and associations to build the entrepreneurial ecosystem amongst the students; industry academia and the ESDM ecosystem.

Four major MoUs were launched; with ESSCI (Electronics Sector Skills Council of India), SID (Society for Information Display), IIT Kharagpur (Indian Institute of Technology, Kharagpur) and Infineon to build a robust talent pipeline in the ESDM space, by strengthening industry-academia relations.

Speaking about these initiatives, K. Krishna Moorthy, Chairman, IESA, said “ We see the year ahead as a year where the ESDM industry will scale up in value addition and value proposition. With the ongoing digital revolution in the country and the thrust from the government to use technology to improve governance delivery to the people, the requirement for developing new and better innovative products and solutions are growing by the day. This has opened up a number of opportunities to promote both product and solutions development and manufacturing them in our country."

"Our efforts in recent years to make India grow in different spheres of the ESDM eco system has brought out the need for a continuous development of high quality talent as well as a sustainable model to support start-up culture through focused mentoring so that a higher number of start-ups succeed. We strongly believe that this vision of ours can only be turned into reality by bridging the talent gap between industry and academia in our country," he said.

"The other need is for us to bring to the front table some of the technology vectors like the Industrial displays. Our association with these prominent institutions and industry mentors and sub vertical associations have encouraged us to spread our vision amongst the ESDM industry and academia and preparing them to be future ready,” said K. Krishna Moorthy, Chairman, IESA, highlighting the importance of the MoUs," he added.

Commenting on the collaborations, M.N. Vidyashankar, President, IESA said “India has already stepped into an era where it has become the default destination for design-led ESDM manufacturing which is opening new gates of opportunities for the economic growth of the nation. Our alliance with State and Government is to bring us closer to our vision of making India the manufacturing hub in the years to come.

We believe that with support from industry, academia and associations, the young workforce of our country, will be able to fulfill the dream of India as the ESDM innovation hub very soon.”