Tuesday, 02 January 2024 12:17 GMT

ICEA Pushes For Industrial Electronics To Power India's $500 Billion Manufacturing Target


(MENAFN- KNN India) New Delhi, Aug 5 (KNN) The India Cellular and Electronics Association (ICEA) has emphasised the need to boost industrial and infrastructure electronics to achieve India's ambitious target of $500 billion in electronics manufacturing by FY 2030-31.

The body has identified this sector as the backbone of future industries, essential for smart manufacturing, advanced transportation, and intelligent city infrastructure.

ICEA Chairman Pankaj Mohindroo stated that without leadership in automation and industrial electronics, India cannot emerge as a global manufacturing powerhouse.

He stressed that industrial electronics should be treated as a national strategic priority, as it powers the brain and nervous system of modern-day manufacturing.

The association highlighted that this sector could generate high-skill employment opportunities, especially in areas like embedded systems, robotics, automation software, and AI-powered control systems.

To capitalise on this opportunity, ICEA has urged for significant investment in research and development, talent building, and policy support.

Manish Walia, Vice President of Delta Electronics, noted that industrial electronics is not a vertical in itself but a horizontal foundation that cuts across all manufacturing industries.

It plays a critical role in making factories smarter, grids more efficient, and logistics more seamless.

To drive this vision forward, ICEA has formed a Steering Committee on Industrial Electronics and Infrastructure. This group includes representatives from Delta Electronics, Infineon, Festo, Fanuc, Rockwell Automation India, and others.

The committee is working with the government to draft a policy roadmap and conduct a detailed market study to overcome regulatory and technological barriers.

In a related move, Amber Enterprises recently acquired a 60% stake in Israel-based Unitronics Ltd for Rs 404 crore. This acquisition is seen as a step towards enhancing India's capabilities in automation technology and aligns with the broader national vision of becoming self-reliant and export-competitive.

(KNN Bureau)

MENAFN05082025000155011030ID1109888765

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search