India’s ESDM sector to optimistically reach $228 billion by 2020: Report

NEW DELHI: India Electronics and Semiconductor Association (IESA), the premier trade body, representing the Indian electronic system design and manufacturing (ESDM)  has commenced IESA Vision Summit 2017. This is the 12th edition of Vision Summit focused on the central theme of Design led Manufacturing- Redefining the future of India’s ESDM.

This edition will feature large and medium sized IT companies as well as the starts ups. IESA is working along with the Central/State Government in developing policies and taking measures to scale up indigenous production in India to meet the rising demand for electronics.

The riveting inauguration of the summit was addressed by Priyank Kharge, Minister IT & BT and Tourism, Govt. of Karnataka, Rajiv Bansal, Joint Secretary, MeitY, Ravi Gururaj, President, TiE Bangalore and K Krishna Moorthy, Chairman, IESA.

The Summit attracted thought provoking keynotes, panel sessions and workshops from CXO’s of global majors like Cypress Semiconductors, Rambus, Qualcomm, IBM, Tessolve, Seagate, Western Digital, MediaTek, Applied Materials and IMEC, Lam Research, Soitec and many others. The event also attracted delegations from Japan, Scotland, Taiwan and Philippines, France, Belgium and USA. The workshops on “Designing with Fully Depleted Silicon-on-Insulator (FDSOI) technology for IOT products, Creating ESDM Product Innovation Hubs on Campus” and “India Digital Broadcast” was also well received by the attendees of Vision Summit 2017

The Summit also marked the announcement of IESA - EY executive summary report highlights which stated India’s ESDM sector to optimistically reach about US$228 billion by 2020. It also added that, the $100+ billion opportunity in 2016-17 will grow further at a CAGR of 16- 23%. Apart from sector specific drivers, the forecasts are based upon overall GDP growth of India, currency movement, inflation, existing trade agreements, consumer sentiments, potential government consumption, existing government policies, investments (foreign and domestic), manufacturing entities (existing Indian players, foreign players, Indian conglomerates, start-ups) and type of value addition in India.

Other highlights pointed out that, the domestic manufacturing for Electronic Products has been growing at a CAGR of 17% which is expected to increase further over next 5 years. Electronic Manufacturing Services segment has seen a huge growth over the past two years and has grown from $0.5bn. in 2013 to $1.0 bn. in 2015. Indian EMS market is estimated to witness exponential growth of 42-68% over the next five years to reach US$6-13.2 billion.

Many IESA Member companies highlighted their commitment to Make in India through investments as a part of M-SIPS approvals. The total combined investment is envisaged to be more than Rs. 1,700 crores.

Senior officials from the state governments of Karnataka, Kerala, West Bengal, Chhattisgarh and Jharkhand highlighted the formulation and implementation of ESDM policies in their respective states.

In a glittering Technovation awards event in the evening Umesh Prasad Sah, Director - IT, Govt. of Jharkhand, Shailendra Kumar Tyagi, Director, STPI – Bangalore, S V Rasal, Managing Director, Institute for Design of Electrical Measuring Instruments (IDEMI) , Santosh Kumar, President & MD, Texas Instruments and  K Krishna Moorthy, Chairman IESA presented the prestigious IESA Technovation Awards 2016 for excellence in Electronics System Design and Manufacturing across various categories. The Prestigious IESA Technovation Sarabhai Award went to Dr. Kiran Kumar, Chairman - Indian Space Research Organisation.

In his inaugural speech, 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. IESA believes in an integrated approach which is sustainable over a long period of time and hence are focusing on Design and IP ownership as a significant component in our efforts to boost and sustain the manufacturing eco system. 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 four key aspects namely- Start up growth, Talent development, Technology exposure and design ownership. Our efforts in the recent years have been to set these pillars of growth and create sustainable growth engine in ESDM. Our close association with the central and state governments as well as prominent institutions and industry members have encouraged us to become future ready," he added.

Highlighting the involvement of various state governments in the conclave, M. N. Vidyashankar, President, IESA said, “We are a trusted advisory to the Government of India, and have been advocating India’s stance as an ESDM powerhouse. We believe that designing is a crucial component for the development of a successful innovation.

"At Vision 2017, we are not only promoting local manufacturing but also focusing on the relevance of design led manufacturing and its contribution towards the growth of India’s ESDM sector. With the allocation and incentives of schemes like M-SIPS and EDF to Rs745 crore in this year’s budget, we strongly believe that India will be the next manufacturing powerhouse of the globe," he added.
IESA Vision Summit 2017 included a workshop on Designing with Fully Depleted Silicon-on-Insulator (FDSOI) technology for IOT products. It was led by Paul Boudre, Chairman of the Board & CEO, SOITEC (a world leader in designing and manufacturing innovative semiconductor materials); Max Mirgoli, Executive Vice President of World Wide Strategic Partnerships, IMEC; Thomas Piliszczuk, Executive Vice President of Marketing & Business Development, SOITEC and Dr. Ajit Manocha, Executive Chairman of the Board, POET Technologies. An intensive and exhaustive session with industry leaders delineating the newest technology in semiconductor manufacturing, i.e., fully depleted silicon on insulator (FDSOI). FDSOI is touted to be an alternative to bulk silicon as a substrate for building CMOS devices.

The panelists will discuss and debate whether FDSOI gives major competitive advantages at 28 nm and 20 nm due to its lower power consumption and higher performance compared to planar bulk CMOS. Will the ultra-low voltage capability be a boon for IoT applications that get their energy perhaps from harvesting vibrations, solar, etc.? Be a part of this interesting workshop if you would like your doubts clarified on the suitability of FDSOI technology and architectural solutions for IoT applications.

Vision Summit 2017 is aptly titled “Design-Led Manufacturing- Redefining the future of India’s ESDM” since ESDM has already been established as the sunrise sector where the next manufacturing boom is happening. At this conference, we bring you thought leaders from all verticals associated with this sector to discuss, debate and figure out ways to make IP creation happen in India. Let’s put our heads together to plan on solutions to make India the global manufacturing hub for ESDM.