We discussed about the Government of India in two major Manufacturing initiatives opened up the Electronics Design and Manufacturing Clusters. We have covered them well in Aug-September time last year in this blog.Basically we had two Semiconductor fab plants coming up in Greater Noida and Pratij (Gujarat).Investment envisaged is huge-running into 50000 Cr upwards.It will definitely open lot of opportunities for both bundled ATEs and loose portable but specialised T&M. The other one is related to Design and ESDM clusters for small and medium industries where Plug & Play facility can be provided to the Companies.
As an example, Karnataka and Punjab are attracting lot of entrepreneurs from India and abroad (mainly from Asiapac) to set up these design centers.Hardware hubs as well as the software development centers should get triggered by these policies of manufacturing as well as the cluster formations.One can hope there will not be delay in project implementation.Overall the production of Electronic Components in India should give fillip to local manufacturing and import substitution.
Investments are high here, Subsidies are also organised on the capex for integrated circuit manufacturing.One can hope we see the manufacturing takes off and many local jobs get generated here to the professional Engineering staff.
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