Delhi , 17th January 2018:

Indian Chamber of Commerce (ICC), under the aegis of Ministry of IT & Electronics, Government of India and with support from premier industry body IESA organised a two-day “Conference and Exhibition” on “Computer Hardware & Design-led Manufacturing” or ESDM products manufacturing in India.

The event entitled: “Digicomp 2018” is the latest sequel of ICC’s initiatives in the field of ESDM sector. The main objective of this novel initiative of ICCs is to highlight the “Computer Hardware & Design-led ESDM Product” manufacturing industry of India. The inaugural session of the event was held today (16th January, 2018) at India Habitat Centre, New Delhi.

Speaking on the occasion, the “Chief Guest” of the Inaugural Session Mr. Sanjay Kr. Rakesh, Joint Secretary, Ministry of Electronics and Information Technology, Government of India mentioned that in last few years, there has been a sea change in government’ s policies, as far as the IT Sector is concerned.

A new policy document is also likely to come in place within next one or one & half months. In addition to IT & ITeS sector, the Ministry of IT & Electronics, Government of India is also emphasising on indigenous manufacturing of ESDM products. Government of India is now encouraging each individual State, to come up with more conducive industrial policies to attract private investment in the ESDM sector. States like Andhra Pradesh & Karnataka have really flourished in this respect, although response from Eastern and North-Eastern States have been found relatively laggard in this respect.

Mr. Devender Singh, Principal Secretary, Department of Electronics & Information Technology, Government of Haryana highlighted the opportunities for investment in ESDM sector of Haryana.  Mr. Singh mentioned that apart from being a BPO Hub of India, Haryana is now strongly focusing on manufacturing of ESDM products in the State. Particularly in sub-sectors like ‘Automotive Electronics, ‘IT /OA’ and ‘Telecom’; the state is really striving ahead. Mr. Singh also mentioned about a few factors like State’s strategic location, connectivity through ‘industrial corridors’ and existence of a well-designed ‘GST Regime’, that can add great value to the profitability factor of any private investor in the ESDM sector.

Ms. Richa Shrivastava, Vice President (Marketing & Strategy), Fintech, Government of Andhra Pradesh gave a crisp presentation on “Transforming the future for Fintech: How to create a new value proposition for the State?”  Ms. Shrivastava dealt quite elaborately on the overview of Indian Fintech Ecosystem. She also spoke on topics like: Financial Electronics, Fintech Funding in India, 5 M Strategy for Fintech Ecosystem etc. She informed about incentives like ‘Preferential Market Access” to Government Projects to Fintech Start-Ups.

Ms. Deepthi Ravula, Joint Director – IT, Electronics & Communication Department, Government of Telengana gave an elaborate presentation on “Electronics in Telengana”. Ms. Ravula mentioned that, as the Second Largest Exporting State in IT Export, the State Telengana has made tremendous progress in the ESDM sector. She mentioned in detail about deciding factors for investment like: Telengana Fibre Grid, largest industrial Land Bank, T-Hub for Start Ups etc.

Among other experts who gave deliberations during the “Inaugural Session” included: Mr. Ashwini K. Aggarwal, Chairman-IESA, Director-Government Affairs, Applied Materials India Pvt Ltd & Mr. J.V. Ramamurthi, ICC etc.

A small exhibition is also organized on the sidelines of the ‘Conference’. Five States & many important private players took part in this exhibition. Some fruitful B2B Meetings were also held during the programme.

The programme was attended by good number of delegates & visitors.

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