New Delhi: With leadership changes in Electronics, IT and the Ministry of Communication, industrial players have expressed hope that the new team will see improving the health of the telecommunications sector and increasing electronic manufacturing ecosystems.
The challenge for the New Cabinet Minister Ashwini Vaishnaw and his team at the Electronic Ministry and includes applying new IT rules involving social media companies, maintaining electronic manufacturing growth and momentum of building growth for domestic companies.
Vaishnaw, who also holds a communication portfolio, has a plate full of upcoming 5G launches, where India lags behind the global market, as well as other focus areas such as improving financial health of this sector and providing high-speed broadband connectivity in all villages, as promised by Prime Minister.
“As a reading of the industry to take 5g and cemeterize the digital economy, we hope to work with new leadership to improve the financial health of this sector and seek their important support to build the right infrastructure to revolutionize this sector,” Director General Coai Director General Industry Agency SP Kochhar said , Previously, the government had set a target to launch 5G services at the end of 2020 but still to complete and allocate the spectrum for the next generation service.
The predecessor of Vaishnaw’s Ravi Shankar Prasad leads in the implementation of incentive schemes (PLI) related to production that attracts participation from global majors such as Samsung, Apple Foxconn and Wistron vendors, among others.
These companies have invested RS 11,000 Crore under the PLI scheme to produce a cellphone worth 10.5 lakh crore for the next five years.
However, because the Coronavirus pandemic, the company approached the government for the relief and one-year extension was recently given to them to meet the PLI target.
Industrial electronic components of President Elcina Paresh Vasani said electronics and IT sectors have witnessed busy activities in recent years where several schemes have been announced for capital investment, production and infrastric support and development.
“It is encouraging and commendable.
There is a gap in implementation and Elcina truly welcomes Shri Ashwini Vaishnaw and hopes that the new minister will focus on this aspect and smooth the process.
This will result in trust and open the way for more investment,” Vasani said.
Mohindroo Pankaj, Mobile Chair and Electronics Tools for ICEA makers, said electronics and together contributed to about one-fifth of Global GDP with a global market close around USD 16 trillion.
“Therefore we hope the leader becomes a true visionary with a mixture to synthesize the big picture and get the details properly …” The advantages made until now are not significant, especially the manufacture of cellphones that have grown 1100 percent in the past five years but the actual challenge is to make India Global leader, “said Mohindroo.
This is the first time all ministers at the Electronic Ministry and that, and communication held technical qualifications.
Vaishnaw bureaucrat politicians hold a degree undergraduate in the field of Electronic Engineering and Communication from Jai Narain Vyas University and Master of Management and Engineering from IIT Kanpur .
His colleague, the Minister of State for Electronics and IT Rajeev Chandrasekhar is a graduate in electrical engineering from Manipal Institute of Technology.
He completed his Master’s in Computer Science in 1986 from the Illinois Institute of Chicago.
Chandrasekhar had been actively participating in problem aroun d Communications, Perlin Device data and net neutrality as parliamentarians.
The Minister of State for Communication Devusinh Jesingbhai Chauhan has a diploma in the field of electrical engineering from the Government Polytechnic in Gujarat.