The Telegraph
Saturday , August 23 , 2014
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New horizons in electronics

Electronics system design and manufacturing (ESDM) is a fast-growing industry that Jharkhand has the capability to tap into and help India become a globally competitive destination.

This was the message that came loud and clear on Friday from a workshop jointly organised by Indian Electronics and Semiconductor Association (IESA), department of electronics and information technology in Delhi and its state counterpart with support of Software Technology Parks of India (STPI).

“A software technology park is already functioning in Ranchi and four more have been approved,” said principal secretary in the state IT department N.N. Sinha, while briefing mediapersons about the day’s event.

He said the new software parks were slated to come up in Jamshedpur, Dhanbad, Bokaro and Deoghar.

Demand in ESDM, used primarily in hardware, is projected to be in the range of $400 billion by 2020, said IESA president M.N. Vidyashankar.

“Jharkhand is the leading hub of steel and mineral industries and has immense untapped potential for electronics manufacturing,” he said, adding, “manufacturing provides job opportunities like no other sector and with the talent pool available in Jharkhand, ESDM can create sufficient number of jobs in the state, too.”

STPI director-general Omkar Rai said there were several qualified and experienced IT professionals from Jharkhand who were outside.

“They will be ready to return if they are given an opportunity to work in their home state,” he claimed, adding that they could also turn entrepreneurs and start their own ventures.

The ESDM sector, Rai stressed, had the potential to create up to 2.8 crore jobs and the government’s policy was encouraging not only for its growth but also for entrepreneurs.

The day-long workshop also threw light on policy initiatives of both the Union and state governments in general and Jharkhand’s own initiatives to promote the sector in particular.