IESA, UP Govt. sign MoU to promote ESDM start-ups in the state

NEW DELHI, INDIA: IESA (India Electronics & Semiconductor Association) signed a Memorandum of Understanding (MoU) with the Government of Uttar Pradesh for promoting ESDM industry ecosystem in the state.

IESA will assist the Uttar Pradesh Government in:

• Fostering the Start-up Ecosystem and Indigenous Product Development: Setting up ESDM Incubation Centres in the state at mutually identified locations
• Development of Strategic Roadmap: Development of Strategic Roadmap for ESDM Industry in the state
• Cluster Development: Preparation of Detailed Project Reports for the Brownfield/Greenfield EMC at identified locations
• Investment Promotion: Setting up International Desks for the state in mutually identified foreign locations.
• Talent / Skill Development

The State Government will provide the requisite support to IESA and obtain necessary permission, registrations, approvals, and clearances etc. as per the existing facilities, rules and regulations of the state. The State Government will also help to avail incentives under various schemes announced by State and Central Government, wherever applicable.

“Government of Uttar Pradesh has identified ESDM as a focus to ensure economic growth, enhance employment opportunities, promote indigenous product development and safeguard investors’ business intention in the state. Along with IESA, we are confident to create a favourable ecosystem for electronics manufacturing in the state and build Uttar Pradesh for a brighter tomorrow,” said Jiwesh Nandan, Principal Secretary, Department of IT and Electronics, Government of Uttar Pradesh.

“We commend Government of Uttar Pradesh’s effort to ensure ‘Make in India’ in the state and we are confident to induce the required momentum needed to ensure success for ‘e-Uttar Pradesh 2015’,” said Ashok Chandak, Chairman, IESA.