India’s ambition to emerge as a global powerhouse in electronics manufacturing received a strong endorsement from the India Electronics and Semiconductors Association (IESA), as its President Ashok Chandak outlined a clear roadmap to accelerate the country’s electronics growth story.
Speaking at the Annual General Meeting of the Mobile and Electronics Devices Export Promotion Council (MEDEPC)—graced by Cabinet Minister Shri Piyush Goyal as Chief Guest—Chandak emphasized the need for unified industry-government collaboration to unlock India’s full potential in electronics design, manufacturing, and exports.
“IESA is deeply committed to driving value creation across the electronics sector and partnering closely with the Government of India and industry leaders to propel the next wave of growth,” said Chandak. “Our collective efforts are fully aligned with the Prime Minister’s vision of developing a USD 500 billion electronics industry by 2030—built on deeper value addition, stronger manufacturing capabilities, and a thriving innovation ecosystem, with an ambitious export target of USD 180 billion.”
“Our collective efforts are fully aligned with the Hon’ble Prime Minister’s vision of developing a USD 500 billion electronics industry by 2030.”
– Ashok Chandak, President, IESA
IESA’s vision underscores a strategic shift from volume-based expansion to value-based growth—focused on semiconductor manufacturing, product innovation, component ecosystem development, and high-end design capabilities. The roadmap also places strong emphasis on skills development and startup collaboration, critical for building a resilient and innovation-driven electronics ecosystem.
Highlighting IESA’s active role in policy advocacy and ecosystem building, Chandak noted that member companies are committed to accelerating investments in manufacturing, component design, and R&D.
As India positions itself as a trusted global hub for electronics and semiconductor excellence, IESA’s roadmap serves as both a vision and a catalyst— bridging policy, innovation, and industry action to turn India’s aspirations into measurable value by 2030.
