The State Government is willing to provide 200 acres of land near Kempegowda International Airport (KIA) to facilitate the growth of semiconductor industries, Dr. C N Ashwath Narayan, Minister for Electronics, IT/BT, and S&T, said on Saturday.
Speaking at a webinar on “India Opportunities in Semiconductor Packaging – the sector-wise perspective of an OSAT” organized by the Electronic Industries Association of India (ELCINA), the minister added that the government will also provide required amenities like water, power, etc to the proposed land.
The Union Government has stood for the growth of the electronic industry by bringing out production-linked incentive schemes.
Along with this, the GoK has earmarked Rs 2000 crore as subsidy for a period of five years to support the development of industries and this has resulted in a very positive impact, he stated.
“The ecosystem for the flourishing of the electronics sector is very conducive and the country’s consumption per capita with regard to electronic goods is also increasing,” Naryana said.
“All the emerging industries such as robotics, artificial intelligence, medical devices, telemedicine, Industry 4.0, consumer electronics, space and defense, etc, primarily depend on electronics.
Considering this, to facilitate the growth of the industry-government has come out with the Engineering Research & Development Policy and upgraded ITI’s, GTTC’s across the state together with revamping curriculum in higher education courses,” he explained during the webinar.