BWI: ISA Vision Summit 2009 Highlights: Opportunities for India to Become a Global Leader in the Semiconductor Driven Ecosystem

Press release from Business Wire India
Source: India Semiconductor Association (ISA)
Tuesday, February 17, 2009 01:12 AM IST (Monday, February 16, 2009 07:42 PM GMT)
Editors: General: Consumer interest, Economy; Business: Energy companies, Healthcare, biotechnology & pharmaceutical; Technology
Release no: 19255
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ISA Vision Summit 2009 Highlights: Opportunities for India to Become a Global Leader in the Semiconductor Driven Ecosystem
Industry Leaders all Endorse India's Potential to Become a Leader in the Field

Bangalore, Karnataka, India, Tuesday, February 17, 2009 -- (Business Wire India) -- The Indian Semiconductor Association (ISA), the trade body representing the Indian semiconductor driven industry, today kicked off the ISA Vision Summit 2009 at The Leela Palace, Bangalore. Vision Summit 2009 will take place on February 16 and 17, 2009.

The ISA Vision Summit 2009 was inaugurated by the Guests of Honor Dr. Debesh Das, Honorable Minister-in-Charge, Department of Information Technology, Government of West Bengal and Dr. Arunachalam, Chairman & Founder, Centre for Study of Science, Technology and Policy (CSTEP), Bangalore.

Delivering his keynote address Mr. Nandan M. Nilekani, Co-Chairman of the Board of Directors, Infosys Technologies limited said, "Communication, healthcare and energy are the key domains that the semiconductor industry should leverage for potential business. We need solutions which are scalable and low cost to reach the billions in this country. Out demographic dividend gives us the rare advantage over the rest of the global and to this end, let us work towards this."

The session highlighted India as an emerging market driven by innovation and addressing the unique needs of a billion people. It was also observed that while products are manufactured and assembled in India, local sourcing is key to growth rather than imports. SMEs could drive growth in the coming period and influence both technology and its usage. There is a need for better hardware and software to be developed together to be more effective.

Summing up the proceedings of the day, Ms. Poornima Shenoy, President, India Semiconductor Association said, "The discussion at these sessions and the conclusions drawn thereof are clear indicators that the India has the potential to be a global leader in the area of semiconductors and solar photo voltaic. Government policy and market forces will determine this growth."

About India Semiconductor Association (ISA) ISA is the trade body representing the semiconductor driven industry in India and has around 120 members from India and outside. This includes design companies, the solar fabs as well as the related ecosystem. ISA has the aim of supporting the business interests of its members. ISA is engaged in providing current and credible data on the sector through research publications; working with state and central governments to improve the attractiveness of the sector; and providing events to create visibility and networking opportunities for the industry growth. ISA is working on an India Semicon Vision to ensure the pipeline of talent for the sector.

ISA aims to establish India as the preferred global destination for semiconductor and solar photovoltaic companies. ISA is committed towards building global awareness for the Indian semiconductor driven industry and supporting its growth through focused activities. It has global alliances including focused collaborations in the US and Taiwan to further the interests of its members. ISA has played a prominent role in supporting the Government of India in the Semiconductor Policy 2007. It is also involved with State Governments.



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Tarana Uthayya, 20:20 MEDIA, 080 - 22123111, tarana@2020india.com

KEYWORDS
CONSUMER, ECONOMY, ENERGY, HEALTHCARE, TECHNOLOGY

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