India Semiconductor Association unveils "ISA Vision Summit 2010".

India Semiconductor Association (ISA) along with IT Department, Government of Karnataka & UK Trade and Investment unveils "ISA Vision Summit 2010"

Hyderabad, Andhra Pradesh, February 2, 2010 /India PRwire/ -- India Semiconductor Association (ISA), the apex trade body representing the Indian semiconductor industry, along with the IT Department, Government of Karnataka and UK Trade and Investment today unveiled the 5th ISA Vision Summit 2010, at the Taj West End, Bangalore. Dr. G Madhavan Nair, Ex Chairman, ISRO, inaugurated the two-day (Feb1&2) summit. The launch function witnessed the presence of several dignitaries and industry leaders from the fields of IT, Electronics & the Semiconductor industry including Mr. Omkar Rai, Director General of STPI, Mr. Richard Hyde, British Deputy High Commissioner, Mr. Francois Gilbert, Corporate Vice President, President Greater China and South Asia region, ST MicroElectronics. ISA Vision Summit 2010 is the premier leadership forum representing the Indian electronics industry and semiconductor industry and deliberations will focus this year on the Indian market to help provide the momentum for growth in the new decade.

The ISA core council also shared the details of the recommendations submitted to Government of India on the Electronic System, Design & Manufacturing sector.

Dr. G Madhavan Nair, Ex Chairman, ISRO, giving his key notes on the occasion said, "I am proud and happy to be a part of the forum. It's a great opportunity for academics, industry and Government to come together and discuss the various issues & challenges related to the semiconductor industry. Indian R&D is progressing very well and it's a fact that growing Indian technology has not been much affected by the economic slowdown."

He further said "I am happy to know that Europe, UK and Israel are also participating in the event to build a strong foundation for Indian semiconductor Industry and this partnership is really going to help the industry. There are tremendous market opportunities for development of the semiconductor industry in India and we have excellent talent in our country, but the challenge is how best we can utilize it and bring together all the talents for the overall growth of the industry."

Mr. B V Naidu, Chairman ISA Chairman and CEO, Sagitaur Ventures India Pvt. Ltd. said that "This is the beginning of a new decade which will take the electronics systems design and manufacturing sector to the level of 400 billion dollars by 2020. If we do not encourage local innovation and manufacturing, this could create a trade imbalance to the tune of $ 300 Billion by 2020. This sector needs special attention from the govt. of India by giving it the strategic importance to set up a national electronics mission to promote the sector. The ISA is fully geared to work along with the govt. of India and the state govt's to promote this sector. The ISA vision summit is the beginning of a new wave in this direction."

Richard Hyde, British Deputy High Commissioner, "UKTI is proud to be supporting the ISA Vision Summit for the second successive year, at this exciting time for the Indian semiconductor industry. The UK semiconductor industry contributes world class innovation, cutting-edge technology and in-depth expertise to customers and partners round the world - through our strong relationship with the ISA, we look forward to seeing many more such partnerships develop and flourish in India."

Dr. Pradip K. Dutta, ISA Vision Summit 2010 Convener and Corporate Vice President and Managing director Synopsys "We wanted to project the growth potential of the Indian market as we embark on 2010 as the overall theme of this years Vision Summit. I am really excited that most of our delegations are in alignment with this idea and renowned speakers from India and overseas addressed the issue. The stage was set by Shri Madhavan Nair earlier in the day, who challenged the electronics industry to follow the similar step as the space sector did to create a national thrust. I look forward to the rest of the Vision Summit to bolster this further."

Professor Jagdish Sheth, Charles H Kellstadt, Professor of marketing adds, "India as an emerging market forms the new triad with China and USA. 'Chindia' is the way to go forward."

Mr. Francois Gilbert, Corporate Vice President, President Greater China and South Asia region, ST MicroElectronics adds, "India has been well recognized in its strength of large engineering talent pools well demonstrated by the success of the software industry. Electronics can play a crucial role to accelerate the march of India to prosperity by bringing together govt., R&D, entrepreneurs and semi conductor solution providers. India can be very well poised to capture the upcoming electronic mega trends of green electronics, bio medical electronics, advanced security and advanced connectivity to serve the fast growing domestic and global markets."

The event this year will focus on the following areas:

  • Opportunities in the next decade
  • Electronics: Powering India in the new decade
  • Overcoming challenges to succeed in Indian market
  • Embedded software - Enabling Indian products to differentiate in global markets
  • Turning vision into reality - Status, challenges and innovation in the electronics domain - Perspective of an Indian OEM
  • Engineering & technology services: The road ahead
  • Solutions for tomorrow: From innovation to experience

Notes to Editor

About India Semiconductor Association

ISA is the premier trade body representing the Indian semiconductor industry and has represented it since 2005. It has around 135 members from across the country and is committed towards establishing India as a preferred global destination for the semiconductor, systems and solar photovoltaic companies. This includes chip design and embedded software companies, solar fabs and the related ecosystem. ISA has played a prominent role in working with the Government of India in the formation of the Semiconductor Policy 2007. More information about ISA can be found at www.isaonline.org

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