IESA sets up an office in Hyderabad
2017-02-16![IESA sets up an office in Hyderabad IESA sets up an office in Hyderabad](https://varindia.com/storage/news/uploads/2016/58a589fb360d1.jpg)
IESA has opened their Hyderabad Chapter. The main objective of setting up an office in Hyderabad is to widen the ecosystem, acquire new members and strengthen the supply chain in the region. This move will boost the electronics, hardware and semiconductor start-ups and firms in the state with the required support and information.
The Telangana Government is planning to make Hyderabad as the hub of ESDM and is pursuing to attract investments into the two ESDM clusters at e-City Manufacturing Cluster and Maheshwaram Science Park. With a view to facilitating investments in the electronics manufacturing industry, IESA is gearing up to strengthen operations in Telengana this year.
Krishna Moorthy, Chairman, IESA, said, “This is a proud moment for us as we have now expanded our presence across the major technology hubs of the nation. With this launch, we now have an even more strengthened support to bring India into the global radar for manufacturing innovation. Several policy initiatives have been approved in the last few months, which include providing very attractive financial investment in electronics manufacturing and providing preference to domestically manufactured electronic goods in all government procurement as well as all those electronic goods whose use has security implications for the country. This expansion has put us in the right path for the fulfilment of our objectives and aiding the Government of India to digitally empower the nation. We are certain that, with the right mix of trained professionals and regional expertise, we will make our vision of making India the global hub for innovation a successful reality very soon.”
Ram Reddy, CEO & Chairman, Moschip Semiconductor, said, “We are delighted to be a member-company of IESA Hyderabad. We strongly believe that this collaboration will give an impetus to start-ups and engineering/ research students to promote the country’s top design engineers and buyers with the best degree of technical knowhow and help bring the Government and ecosystem together on the same platform.”
This year, Hyderabad will be the host city for DEFTRONICS 2017, the fourth edition of the annual Aerospace, Defence & Internal security-focussed event. This will be an additional fillip to the Aerospace and Defence sectors. The global OEMs and Indian companies alike are keen to leverage the opportunity of defence contracts, which reflects the success of initiatives like “Make in India”.
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