ENA Sectors 2023-02-08 07:30:11 <p><span style="font-size:14px"><strong>Chennai, Feb 8 (KNN)</strong> The 12th edition of the 'Source India Summit' is all set to take place at the Chennai Trade Centre on February 13-14.</span></p> <p><span style="font-size:14px">The national level summit is being organised by Electronic Industries Association of India (ELCINA) in association with the Tamil Nadu government.</span></p> <p><span style="font-size:14px"><strong><a href="https://bit.ly/3B9mZSj"><img alt="FOLLOW US on GOOGLE NEWS" src="https://knnindia.co.in//uploads/gallery/GoogleNews.jpg" style="border-style:solid; border-width:1px; height:95px; margin:1px; width:299px" /></a></strong></span></p> <p><span style="font-size:14px">Source India is a B2B platform created by the electronics industry, and the national summit aims to address challenges of the electronic and semiconductor industry and empower ESDM (electronic system design and manufacturing) players.</span></p> <p><span style="font-size:14px">The two-day event will also discuss challenges of the electronic industry and major stakeholders.</span></p> <p><span style="font-size:14px">Addressing a conference to announce the event, Sanjay Agarwal, president of ELCINA &amp; MD, Globe Capacitors, said, The Tamil Nadu government has taken a number of steps to accelerate the growth of the electronic hardware manufacturing industry. These initiatives aim to increase Tamil Nadu's electronics industry output to USD 100 billion by 2025.</span></p> <p><span style="font-size:14px">Agarwal pointed out that the state aims to contribute around 25 per cent to India's total electronic exports to the world by 2025, and to attract at least two major FAB investments to Tamil Nadu in the next three years.</span></p> <p><span style="font-size:14px"> Tamil Nadu has increased the level of value addition that is done in the state and provides an excellent opportunity for investors to set up their manufacturing facilities here, S Krishnan, IAS, Additional Chief Secretary (Industries), Government of Tamil Nadu said.</span></p> <p><span style="font-size:14px">More than 90 per cent of the components used in Indian consumer electronics come from China, and India needs to become a key sourcing hub for components to take over this leadership from China, the speakers at the conference said. <em><strong>(KNN Bureau)</strong></em></span></p> 32226 https://knnindia.co.in/news/newsdetails/sectors/elcina-to-host-source-india-summit-in-chennai-on-feb-12-13 2023-02-08 07:30:11 knnindia.co.in