India Semiconductor Association (ISA), the apex trade body representing the Indian semiconductor industry has submitted valuable budget recommendations to the Government of India (GOI) and has requested to favorably consider the memorandum, which ISA believes will greatly enhance the competitiveness of the domestic semiconductor industry.

The ISA has been making concerted efforts to boost the Electronics System Design and Manufacturing ecosystem (ESDM) in India and recognizes the need for reforms to empower the domestic Electronic System, Design & Manufacturing sector.

The budget recommendations have been framed keeping in mind core areas of:
1. Semiconductor design: VLSI design, embedded software and reference board design
2. High-tech manufacturing - Amendments to the Semiconductor Policy 2007
3. Promotion of domestic electronics manufacturing
4. Tax and duty structure
5. Encouraging pre-competitive research

Speaking about the recommendations, B V Naidu, Chairman, ISA said, “There are huge growth opportunities for the electronic industry in India, but there have been some missed opportunities in the past decade. So, while the future holds a lot of promise, we need to address existing challenges in infrastructure, taxation, supply chain and logistics, labour laws, R&D and funding. The budget recommendations which ISA has submitted to the Government of India, envision a robust ecosystem that will attribute to promoting the sector and enhancing the domestic offerings. This will eventually lead to growth”.

More information about ISA can be found at www.isaonline.org.