Messe Muenchen International (MMI) India inaugurated 16th edition of electronica India 2015 and productronica India 2015, the three-day (9th- 11th September, 2015) electronics and production trade fairs at Pragati Maidan. These fairs once again emerged as India's largest electronics platform for production technologies, electronic manufacturing services, power electronics and electronic components.
The theme address was carried out in the presence of TRAI Chairman RS Sharma, DIPP Joint Secretary Shubhra Singh, DRDO Director KD Nayak, MMG International's Executive Director Business Unit New Technologie Martin lechner and IESA (India Electronics and Semiconductor Association) Chairman Vinay Shenoy.
MMI India's Deputy CEO & CMO Bhupinder Singh said, "We are extremely happy to note that the current edition of the trade fairs saw the biggest turnout in terms of visitors and exhibitors from the preceding years underlining the industry's vision for the Government's 'Make in India' program.
We continue to witness advancements and innovative technology in the field of electronics manufacturing and production, with exclusive sessions addressing both buyer & seller and Business to Government challenges."
These fairs host conferences, workshops and seminars. The topic for the discussions on Thursday was Deftronics 2015, an initiative from (IESA) India Electronics and Semiconductor Association. IESA along with Roland Berger, a leading global strategy consulting firm released a whitepaper on the upcoming Defence Electronics Policy in the presence of RS Sharma, Shubhra Singh and KD Nayak.
The IESA-Roland Berger whitepaper titled 'Defence Electronics market - Perspective and Recommendations' indicates that the defence spending has been budgeted every year and it has never seen contraction but has always had an upward trend for the past 18 years. However, India's spend on military R and D (Research and Development) is less than 2 per cent of global expenditure on Rand D.