SME Times is powered by   
Search News
Just in:   • Adani Group to invest Rs 57,575 crore in Odisha  • 'Dollar Distancing' finally happening? Time for India to pitch Rupee as credible alternative: SBI Ecowrap  • 49% Indian startups now from tier 2, 3 cities: Jitendra Singh  • 'India ranks 3rd in global startup ecosystem & number of unicorns'  • LinkedIn lays off entire global events marketing team: Report 
Last updated: 27 Sep, 2014  

Ashwani Kumar Inaugurates the EFY Expo - 2011

PR Newswire | 18 Feb, 2011

NEW DELHI: Ashwani Kumar, the Minister of States for Science & Technology, Planning and Parliamentary Affairs inaugurates the EFY Expo, 2011, the largest electronic exhibition of North India. Inaugurating the exhibition the hon'ble minister says that Government of India has taken a series of policy initiatives and programmes in the field of information and communication technologies for implementing the agenda of the Eleventh Plan i.e. inclusive growth.

The minister also says that the task force constituted by the Department of Information Technology to suggest measures to stimulate the growth of IT, ITES and the Electronics Hardware Manufacturing Industry has submitted its report. Government will take adequate measures on the basis of the report.

The demand for electronic hardware in the country will increase to $400 billion by 2020. This will lead to a demand and supply gap of electronics hardware. Government will encourage the domestic hardware manufacturer to meet this growing demand.

The electronic hardware has also the potential to contribute about 20% to the GDP by 2010. Besides, this industry can engage the huge number of skilled professionals that India is producing. Government will initiate conductive policy for that. Government has already identified 5 major initiatives for implementations i) Setting up National Electronic Mission, ii) Setting up a dedicated "Electronic Development Fund", iii) Creating policies for preferential access to "Manufactured-in-India" / Indian Products, electronic goods for all government procurements and procurement by Govt. Licensees. iv) Setting up a semiconductor Wafer Fabs. v) Encouraging manufacture of specific high priority electronic product lines in India by providing capital grant and creation of electronic manufacturing clusters

Shri Ajay Chaudhry , Chairman HCL Infosystems and Chairman of the Task Force set up by the Department of Information Technology on "Growth of IT, ITES and Electronic Hardware Manufacturing Industry, also delivers a valuable speech. Narrating the significance of the electronic industry he says that, electronic is the basic component of most of the industries. In the process of becoming a super power we must have to work towards strengthening the electronic industry so that it can play its role in a more significant way.

Mr. T. Vasu, Vice President of ElCINA, Mr. Ramesh Chopra, MD, Electronics For You Group, Shri Om Wadhwa, past president of ELCINA enriched the occasion by their presence. All delivered valuable speeches narrating the importance of the electronics industry. The significance of EFY Expo, 2011 in promoting the electronic fraternity is narrated by the distinguished leaders.

Media Contacts :

Elsa Joseph, + 91-9811816554

SOURCE EFY Enterprises Pvt Ltd

 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 13 Aug, 2022
  Daily Poll
PM Modi's recent US visit to redefine India-US bilateral relations
 Yes
 No
 Can't say
  Commented Stories
» GIC Re's revenue from obligatory cession threatened(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter