Bhopal: The Madhya Pradesh State Electronics Development Corporation Limited (MPSEDC) and the Indian Electronics Semiconductor Association (IESA) have signed a Memorandum of Understanding (MoU) to advance the electronics and semiconductor sector in up Madhya Pradesh. This partnership aims to develop a robust Electronics System Design and Manufacturing (ESDM) ecosystem, focusing on expanding electronic business services, printed circuit board (PCB) design and manufacturing, and semiconductor assembly, testing, marking, and packaging (ATMP).
The MoU outlines collaborative efforts in policy formulation, technical seminars, training programs, and the promotion of Madhya Pradesh’s initiatives within the electronics industry. The agreement also includes plans to establish Electronic Manufacturing Clusters (EMCs) and Centers of Excellence (CoEs) in the state, which are expected to attract investment and create job opportunities, furthering Madhya Pradesh’s position as a key player in India’s ESDM sector.
This initiative aligns with India’s goal of becoming a global leader in electronics and semiconductor manufacturing, contributing to the country’s vision of a $500 billion ESDM market by 2030.
