About Iesaonline
Iesaonline: Empowering India's Electronics and Semiconductor Industry
India Electronics and Semiconductor Association (IESA) is a premier industry body that is committed to the development of a vibrant Indian electronic and semiconductor ecosystem. The association has been instrumental in evangelizing the dream of establishing "Brand India" that is recognized worldwide as a go-to destination for electronic products. With its vision to bring the Indian industry, government, and academia on a common platform, IESA aims to jointly work towards developing and promoting Made-in-India products for global markets.
The electronics industry in India has been growing at an unprecedented pace over the past few years. According to reports, it is expected to reach $400 billion by 2025. This growth can be attributed to various factors such as increasing demand for consumer electronics, rising disposable incomes, favorable government policies, and initiatives like Make in India.
However, despite this growth potential, there are still several challenges that need to be addressed. One of the major challenges faced by the Indian electronics industry is its heavy dependence on imports for critical components such as semiconductors. This not only leads to high costs but also affects the overall competitiveness of Indian manufacturers.
This is where IESA comes into play. The association works towards creating an enabling environment for indigenous manufacturing of electronic products by addressing issues related to policy advocacy, skill development, innovation promotion, market access facilitation among others.
One of IESA's key focus areas is promoting innovation in the electronics sector through various initiatives such as incubation centers and startup accelerators. These initiatives aim at nurturing young entrepreneurs with innovative ideas in electronics design and manufacturing.
Another important area where IESA plays a crucial role is policy advocacy. The association works closely with policymakers at both central and state levels towards creating an ecosystem that fosters growth in the electronics sector while ensuring regulatory compliance.
In addition to these initiatives aimed at promoting indigenous manufacturing capabilities in India's electronic sector; IESA also works towards creating a platform for industry-academia collaboration. This is done through various programs such as internships, training, and skill development initiatives that help bridge the gap between industry requirements and academic curricula.
Overall, IESA has been instrumental in driving growth in India's electronics sector by promoting innovation, advocating favorable policies, and fostering industry-academia collaboration. With its vision to establish "Brand India" as a go-to destination for electronic products globally; IESA is well on its way to achieving its goal of empowering India's electronics and semiconductor industry.