<p>“Electronics can also contribute to inclusive growth by impacting affordable healthcare, education connectivity, water management and energy sources,” Texas Instruments (TI) India managing director Biswadip Mitra said.<br /><br />The US-based global design and chip major (TI) was the first multinational to set up its research and development (R&D) centre with its own dedicated satellite link in this tech hub 25 years ago.<br /><br />In a power-starved country like India, Mitra said energy could also play a vital role in achieving energy efficiency through innovations in electronics, semi-conductor and ultra low-power technologies.<br /><br />“The potential in saving energy is equivalent to many power plants in the country. Electronic systems design and manufacturing (ESDM) is a major opportunity for India to leverage its talent pool and resources,” Mitra told about 600 delegates at a premier IT trade event "Bangalore IT.Biz 2010" here.<br /><br />Noting that the electronics market growth in India had been impressive over the years, Mitra said that the ESDM could create a major market impact, as witnessed in telecom, industrial, consumer, defence and aerospace and automotive.<br /><br />“About 1,000 Indian and overseas firms are powering the growth of electronics by excelling in systems design innovation. We are at an important juncture in electronics,” Mitra said.<br /><br />The Indian Semiconductor Association and as well as consulting firm Frost and Sullivan's report estimate the electronics market to reach $58.4 billion in 2011 and grow strongly thereafter.</p>
<p>“Electronics can also contribute to inclusive growth by impacting affordable healthcare, education connectivity, water management and energy sources,” Texas Instruments (TI) India managing director Biswadip Mitra said.<br /><br />The US-based global design and chip major (TI) was the first multinational to set up its research and development (R&D) centre with its own dedicated satellite link in this tech hub 25 years ago.<br /><br />In a power-starved country like India, Mitra said energy could also play a vital role in achieving energy efficiency through innovations in electronics, semi-conductor and ultra low-power technologies.<br /><br />“The potential in saving energy is equivalent to many power plants in the country. Electronic systems design and manufacturing (ESDM) is a major opportunity for India to leverage its talent pool and resources,” Mitra told about 600 delegates at a premier IT trade event "Bangalore IT.Biz 2010" here.<br /><br />Noting that the electronics market growth in India had been impressive over the years, Mitra said that the ESDM could create a major market impact, as witnessed in telecom, industrial, consumer, defence and aerospace and automotive.<br /><br />“About 1,000 Indian and overseas firms are powering the growth of electronics by excelling in systems design innovation. We are at an important juncture in electronics,” Mitra said.<br /><br />The Indian Semiconductor Association and as well as consulting firm Frost and Sullivan's report estimate the electronics market to reach $58.4 billion in 2011 and grow strongly thereafter.</p>