The event has been organized by Konnect Worldwide Business Media with the objective of showcasing India's Electronic System Design and Manufacturing (ESDM) industry capabilities and to attract investments.
The Chief Guest of the event will be Suresh Prabhu, Minister of Commerce and Industry, Government of India and he will be shedding light on some of the key initiatives undertaken by the government to attract investment opportunities in India.
Currently, India has the fourth largest Start up ecosystem in the world. The electronics, electronic components, systems and applications market of India is one of the largest in the world and is expected to reach USD 400 billion in 2020. This market is projected to grow at a CAGR of 26 percent during 2017-2020.
Government is implementing ambitious approach of developing a business ecosystem in India for a globally competitive ESDM industry sector with a target of attracting an investment in excess of USD 100 billion and generating employment for a whopping 28 million people.
"Smarttech Manufacturing and Electronics India Congress 2017 is one of its kind event that will talk about the investments opportunities that lie untapped in India and also will seek to address how we can leverage the existing policies to expand electronics manufacturing opportunities in the country," said Founder and Director Konnect Worldwide Business Media, Aman Khanna.
Rahul Sindhwani, CEO, Konnect Worldwide Business Media says, "India plans to have Net Zero Imports by 2020 and is implementing several initiatives to promote electronics manufacturing in India and this event will provide a productive platform to discuss the opportunities and future road map for achieving this target."
MediaTek Inc., one of the largest fables semiconductor company in the world is the Emerald Partner of the event. Wipro, Micromax, MAIT, ICA and Electropreneur Park are some of the other partners of this event. (ANI-NewsVoir)