skip to content

CII To Develop Electronics Industry In Tamil Nadu’s Coimbatore

- Advertisement -

The task force was also exploring how the local industries could get into the electronics sector

The Confederation of Indian Industry (CII) is looking to develop the electronics industry in Coimbatore as the country sees the demand for Made-in-India electronics shoot up.

CII Coimbatore chairman Arjun Prakash told reporters that Tamil Nadu was looking at manufacturing electronic products worth $40 billion in the state by 2025 and Coimbatore should capture at least 30 per cent of it.

- Advertisement -

To achieve this target, the CII Coimbatore has formed an electronics task force and was working towards inviting investments in the sector. It is also looking at developing the ecosystem here for the growth of the industry.

“In the next two to three years, we want to bring in one or two players and put in an ecosystem,” he said.

Large industries abroad which are looking at availing land at low prices along with lower air connectivity as most exports were by air are also being reached out by the CII to highlight the potential of Coimbatore.

M. Ramesh, former chairman of CII Coimbatore, said the CII was talking to big players abroad to assess their requirements to invest here. If one or two major investments took off, the entire ecosystem could be developed.

The task force was also exploring how the local industries could get into the electronics sector.

J. Balamurugan, former chairman of CII Coimbatore, said that over 95 per cent of the electronics requirements were now imported by India. However, there was a severe shortage worldwide and the manufacturers were asking for at least 52 weeks for delivery. Many countries gave concessions for the electronics sector as initial viability of the industry required support. “We are reaching out to the government too,” he said.

According to S. Prashanth, vice chairman of CII Coimbatore, the district has an advantage with the presence of large number of educational institutions. Hence, it can look at designing semiconductors too.

The traditional industries here – textiles, pumps, or automobiles – will require different kinds of chips in the future as smart solutions are part of every product. The electronics industry will have market potential in the local industries.

- Advertisement -

Most Popular Articles

Purple Technologies Launches AI & Robotics Lab For Vijayawada Schools

0
Eyeing to transform STEM education with hands-on AI kits, coding tools, and affordable teacher training for just ₹500/month, Purple Technologies unveils its AI &...

Calcom Vision’s Q3 Revenue Up 9.25%, Profits Soar

0
Despite margin decline, Calcom Vision sees a 9.25 per cent revenue boost in Q3 FY25, with profits soaring 747.53 per cent. It plans to...

Volkswagen Announces Five-Year Plan For EV Future

0
Aiming to lead the EV market by 2030, Volkswagen has a bold five-year plan, including affordable electric cars, workforce cuts, and a high-tech Wolfsburg...

Samsung Electronics Names Its Veteran Leaders For Board

0
Reshuffling its board membership, Samsung Electronics has nominated its chief of chip business, CTO, awaiting finalisation in March. Dr Hyuk Jae Lee from Seoul...

Element14 Expands Audio Portfolio With PUI Audio Partnership

0
This collaboration offers customers a broader selection of innovative audio, haptic, and sensor solutions across medical, industrial, security, and consumer electronics industries. element14 has significantly...
Sridhar Kaip, CEO, SFAL

“Many Startups Selected Under DLI Are Part Of SFAL’s Portfolio” – Sridhar Kaip, SFAL

0
With a vision to enable companies to develop semiconductor IPs in India, the Semiconductor Fabless Accelerator Labs (SFAL) has incubated five fabless design startups...
Anshuman Divyanshu, CEO, Exicom

“Our Chargers Are Fully Interoperable and Compatible with All Vehicles” – Anshuman Divyanshu, Exicom

0
Battery safety and longevity, the effects of charging and discharging, and various safeguards and features are among the most critical considerations for a battery...
Khushal Panchal,  chief operating officer (COO), PCB Power

“We Differentiate Ourselves By Producing Radio Frequency PCBs For Wireless Communication Devices” – Khushal...

0
With technology and policy support, Indian PCB manufacturing is at a turning point. Can innovation and scale match global giants? PCB Power leads the...
Jayesh Ranjan IAS, Special Secretary, Department of Industries and Commerce and ITE&C, Government Of Telangana

“To Compensate For Telangana’s Lack Of A Wet Port,Our Incentives Help ESDM And Semiconductor...

0
Despite logistics challenges, how is Telangana securing billion-dollar investments in electronics? Will the state unveil a new semiconductor policy soon? Jayesh Ranjan, IAS, from...
Shrinivas Kulkarni CFO, Cyient DLM

“Acquisitions That Help Address Gaps In Our Design Capabilities….. Interest Us” – Shrinivas Kulkarni,...

0
Over the past five years, Cyient DLM (formerly Rangsons Electronics), a subsidiary of Cyient Limited, has rapidly expanded its footprint in the design-led manufacturing...
Sridhar Kaip, CEO, SFAL

“Many Startups Selected Under DLI Are Part Of SFAL’s Portfolio” – Sridhar Kaip, SFAL

0
With a vision to enable companies to develop semiconductor IPs in India, the Semiconductor Fabless Accelerator Labs (SFAL) has incubated five fabless design startups...

Meridian Joins Altair’s Startup Programme To Boost UAV Tech

0
Eyeing to drive innovation in UAVs and hybrid power tech with simulation tools and expert support, Altair teams up with Meridian Flight Systems in...

Mitsubishi Electric Acquires Stake In Itanta Analytics Startup

0
Aiming to boost manufacturing digitalisation and efficiency with simplified automation solutions, Mitsubishi Electric India invests in Itanta Analytics to develop no-code data analysis tools....

Union Budget 2025-26: What It Has For The Electronics Sector?

0
With reduced and exempted duties, tax relief for manufacturing, and increased support for startups, this Budget addresses a broader range of issues within the...

IndiaAI Mission Expands To 18,693 GPUs For R&D

0
Aiming to support R&D and ethical AI, Union Minister Ashwini Vaishnaw announced the expansion of IndiaAI’s GPU infrastructure to 18,693 to benefit startups and...

Industry's Buzz

Learn From Leaders

Startups