Chennai will play host to a national summit for the electronics industry with major stakeholders.
What’s it about? Chennai will host the 12th Source India Summit on February 13 and 14. The summit will be organised by the state government in partnership with the Electronics Industries Association of India (ELCINA). They represent the electronics and IT manufacturers.
- The summit will be a B2B platform for the electronics industry. It will address the sector’s challenges and empower electronic system design and manufacturing companies.
- More than 90% of the components used in Indian consumer electronics are from China. The conference will look at ways to make India a sourcing hub for components.
Who said what? Sanjay Agarwal, President of ELCINA, said the state has already taken several steps in accelerating the growth of the electronics manufacturing sector to increase its electronics industry output to $100 billion by 2025. S Krishnan, from the government, said Tamil Nadu is an excellent investment destination for manufacturing facilities.