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General
Madhya Pradesh ideal state for defence, electronics industry
10-10-2014

BHOPAL: Madhya Pradesh is an ideal state for defence industry and electronic products of other sectors. This was stated by experts on electronic system design and management (ESDM) subject at sectoral seminar during Global Investors Summit at Indore on Thursday. Information Technology Minister Bhupendra Singh was also present on the occasion.

Founder of Brahmos Missile Prof AS Pillai said that defence electronics is a new and emerging sector. Conducive situations prevail in Madhya Pradesh for its development. He said that importance of electronics sector is increasing day-by-day. If next war occurs, it will be fought on the basis of electronics. He said that Defence Electronics Research Development Organisation (DRDO) is situated at Gwalior.

Electronic products are necessary for country’s defence. Giving detailed information about Brahmos and AGNI missile programmes, he said that not a single electronics item used in them is being manufactured in Madhya Pradesh. He urged entrepreneurs to invest in Madhya Pradesh keeping this in view. In this context, he elaborated Madhya Pradesh’ investment-friendly policies and conducive atmosphere.

Union Joint Secretary Electronics Dr Ajay Kumar said that information technology is playing an important role in Indian economy for last several years. Now, electronics will be next power of India. He dwelt in detail on facilities and concessions being given to electronics industry. He said that a target has been set to reduced electronics imports to zero by year 2020. Madhya Pradesh will play an important role in this.

Foundation stones of country’s first 2 electronics manufacturing clusters have been laid in Madhya Pradesh. He informed that the Union Government will soon incept awards for industrial units doing outstanding electronics manufacturing. Referring to merits of Madhya Pradesh, he praised state’s adequate human resources and talented youths. He informed that electronics skill development programme for youth has also been started.

During the group discussions, Secretary Information Technology Hari Ranjan Rao, asked noted industrialists T Vasu about challenges before electronics entrepreneurs. Vasu informed that constantly decreasing prizes of electronic goods is a major challenge, which creates a sense of uncertainty among entrepreneurs. He informed other important points of the subject.