● The event took place at The LaLiT Ashok Bangalore in Hybrid mode
● It aims to strengthen the electronics and semiconductor entrepreneurial ecosystem by offering potential entrepreneurs much-needed guidance
25 August,2022: In a bid to strengthen the electronics and semiconductors entrepreneurial ecosystem, the India Electronics and Semiconductor Association (IESA) is making provisions for launching the first chapter of the Electronics and Semiconductors Startup Summit. The event is happening in hybrid mode on August 25 at The Lalit Ashok,Bengaluru . Through this day-long event, IESA aims to bring innovators, successful entrepreneurs, investors and government agencies on a single platform to promote and strengthen the electronics and semiconductors startup world.
Ruchir Dixit, VP & Country Manager Siemens EDA and IESA EC member, said, “A latest McKinsey report suggested that the global semiconductor industry is expected to become a trillion-dollar sector by 2030. This growth is primarily driven by proliferating digitisation, rapid integration of AI, ML and cloud computing, heavy investment by technical giants, growing government incentives and R&D funding and industry push towards autonomous computational technologies.“
“Naturally, this growth has given a golden opportunity for Indian entrepreneurs to make it big in the electronics and semiconductor industry. We have a vast skilled workforce, great network and resources and unparalleled experienced resources, which, together with the government’s help, can be converted into something magnificent. IESA Electronics and Semiconductors Startup Summit, a first in a series, aims to achieve precisely the same,” He added.
The Electronics and Semiconductors Startup Summit is expected to have participants from all walks of life, including but not limited to startups, innovators, investors, entrepreneurs, technologies, the ESDM/Semiconductor industry and the government. It will offer the participants an opportunity to hear and learn from entrepreneurs who have built successful startups, investors who have mastery in funding startups and are always on the lookout for good investment ideas, and incubators looking for suitable cohorts to groom. The summit will also provide a brief overview of the government incentives available for electronics startups.
Furthermore, IESA is also planning to offer a master class prepared by industry experts on building business plans and pitch decks for budding entrepreneurs.
Link to register virtually–https://iesa.webex.com/iesa/j.php?RGID=r3bef893264f5906fea089fb6ee2d2bf
