U . S and China have recently locked horns over the |
long way in increasing the demand in the Electronic System |
semiconductor trade where US accused China of rigging the |
Design & Manufacturing ( ESDM ), Aerospace and Defence |
industry by giving an unfair advantage to Chinese chip |
space . |
companies and artificially reducing the prices of the chips . |
While presenting Union budget 2017-18 in the Lok Sabha , |
While China seems to pay no heed to the allegations and |
Indian Finance minister , Arun Jaitley confirmed the |
continues to expand its innovative semiconductor industry , |
government ’ s plans to create an ecosystem which will help |
the clash between these global leaders has certainly carved a |
India pave the way to becoming a global hub for electronics |
window of opportunity for various countries to step up and fill |
manufacturers . |
in the inevitable void ; which is , ‘ the need for an alternate electronics export partner ’. |
Another factor which will prove crucial in giving a leg up to both the ESDM and Aerospace and Defence sectors will be the |
Amidst the uncertainties and the ongoing tussle , the Indian |
design-led manufacturing and a robust ESDM ecosystem . |
Government recently rolled out its Union Budget which has |
Japan , Taiwan , Israel , Singapore and United States are |
set straight the country ’ s ambitious of reviving the electronics |
countries that the government and the industry need to keep |
manufacturing sector and taking up the role of the alternative |
an eye on . A stronger bond with these countries will only |
export partner global manufacturers seek . An initial allotment |
propel up-gradation of the ESDM industry in India . |
of RS 725 crore was made to the manufacturing sector , which is the highest ever investment by the Indian Government in its manufacturing prowess . |
The odds seem to be playing in the favor of India and recent developments may have boosted the moral of the Indian makers , but becoming a global electronics manufacturing is |
In Indian IT industry too seems to be upbeat post the budget |
still a vision is a bit farfetched . |
announcement and while the global trade policies too seem to be working in their favor . For instance , President Trump , in an attempt to fulfill his poll promise of generating more jobs in |
I hope you enjoy reading our Feb Issue !
Sincerely Yours
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America , has proposed a Bill that increases the minimum | |
salaries of H1-B employees to $ 130,000 . This Bill will likely | |
increase the cost of the Indian IT firms , who derive almost 62 |
Sagar Rawat |
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percent of their revenue from the US and send a large number of Indian staff to the US on the H1-B visa for offsite work .
The plan to reduce income tax will further increase the
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Asst . Editor scigazetteofficial @ gmail . com |
purchasing power of the consumer , which would in turn go a | |