Electronic industry to help investors avail govt scheme

New Delhi, April 29 (KNN) The electronic industry and its leaders have ensured to support the investors by helping them avail the semiconductor and other schemes under the National Policy on Electronics to achieve the desired target.

Discussing the role of India, leaders of Electronic Industries Association of India (ELCINA) met SEMI, a global industry association, to explore collaboration opportunities for promoting the semiconductor and electronics industry at the backdrop of Semicon India 2022 taking place in Bengaluru.

The two associations agreed to foster collaboration and identify potential opportunities in upcoming semiconductor and microelectronics sector in the country and work to realise the potential.

Speaking on the occasion, Sanjay Agarwal, President ELCINA said, “We can provide an interactive and vibrant platform in India to global companies represented by SEMI and hand hold them to successfully establish operations in India and avail benefits of the schemes formulated by the Central Government and State Governments.”

Ajit Manocha, Head of SEMI said, “The partnership with ELCINA will be beneficial for the entire industry. We will work towards the common objectives of supporting the global electronics industry and strengthen the efforts for research and development for sustainability, green electronics, societal gains and skill development”.

Appreciating the new semiconductor policy announced by Ministry of Electronics & IT, Manocha said it is well thought out and much better geared to catalyse the growth of the semiconductor industry in India.

The Ministry of Electronics & IT is currently hosting the Semicon India 2022 from April 29 to May 1, 2022 in Bengaluru. (KNN Bureau)