CeBIT India, IESA and MAIT sign MoU

CeBIT India, organized by Hannover Milano Fairs India, has announced its partnerships with India Electronics and Semiconductor Association (IESA), a premier trade body representing the Indian Electronic System Design and Manufacturing industry and MAIT, the apex body representing the computer hardware, training and software industries.

An MoU signed by IESA and MAIT with CeBIT will provide Electronics System Design and Manufacturing ecosystem players an opportunity to participate in the prestigious CeBIT show, that will take place in November 2014. This move comes at a time when the Government of India has identified electronics hardware manufacturing as a major thrust area expected to spiral to US$400 billion by 2020.

A significant step towards building a strong Indian IT & Electronics landscape, the partnership between CeBIT India, IESA and MAIT aims to achieve the following mutual objectives: Develop the ESDM ecosystem in India and create opportunities for the local manufacturing industry; Demonstrate India’s ESDM expertise and capabilities at the premier CeBIT India event leveraging the global and local audience that it will attract during the show; Influence policy making, favourable for the growth of the ESDM sector by leveraging the presence of policy- makers at the event; and Further the goal of innovation and new product development.

“Through this participation, our aim is to present India as the most favourable investment destination and provide an interactive platform for Indian and foreign companies to seek opportunities for mutual collaboration and joint ventures,  while leveraging the presence of policy-makers to put across our recommendations to the government for growth of the sector.

The MoU will open up vast vistas of opportunities in collaboration between global and local players in the ESDM space. It is expected to enhance B2B transactions in a variety of verticals to the best advantage of all stakeholders and strengthen the ESDM ecosystem in the State,” said M. N. Vidyashankar, President, IESA.   

“MAIT has been pursuing the SME trail by monitoring its effectiveness and dynamism, the SME segment has lately come into limelight with increased focus from several government institutions, corporate bodies, investors, banks and associations. Needless to say, SMEs are an important constituent of the ESDM ecosystem. MAIT understands the policy focus and thrust that the SME sector needs to capture robust economic growth,” says Anwar Shirpurwala, Executive Director, MAIT.

The well-recognized international CeBIT show is slated to be a first-of-its-kind Business IT, ICT and ESDM show in India, dedicated to boost new business in the Indian IT/ITeS and ESDM markets and create a platform for generation of new national and international business opportunities, drive new ideas, profitability and growth in India with an exposure to the international markets.

The first edition of CeBIT India will take place in 2014 at the Bangalore International Exhibition Centre, (BIEC) on Tumkur Road in Bangalore.