Govt aims to make K'taka hub for next breed of fabless startups to thrive: Minister Ashwath Narayan
Bengaluru, Oct 21: Karnataka Minister for Electronics, Information Technology and Biotechnology C N Ashwath Narayan on Thursday said the government aims to make the state the hub around which the next breed of Indian fabless startups can thrive.
He said it also aims to propel the Electronics System Design & Manufacturing (ESDM) sector and support innovative domestic companies.
"ESDM sector in India, which is predicted to expand at a 16.1 per cent CAGR, presents a golden opportunity for Industries to Make In India for the world and fulfill the Atma Nirbhar Bharat initiatives," Narayan said.
Speaking on the topic 'India's Accelerated ESDM Growth - The Defining Decade' in the 16th edition of Indian Electronics & Semiconductor Association (IESA) Vision Summit- 2021 virtually, he said, "ESDM sector in the country which is predicted to reach USD 220 billion by 2025 has the potential to create 1,000 start-ups, 10,000 IPs (Intellectual Properties), and 10 lakh jobs."
Electronics production has the potential to generate around 1 crore jobs by 2050. Numerous domains and sectors in India such as Agritech, Medical devices, telemedicine, Industry 4.0, Consumer electronics, Space & Defense are dependent on the way Indian Electronics Industry flourishes, according to him.
Noting that the electronics market size in India is over USD 300 billion and the country's share in the global electronics manufacturing consistently growing since in 2012, Narayan said though currently India has more than 100 Semiconductor Design services companies offering semiconductor design to its global customers, it needs to go still further to become self-sufficient in designing and manufacturing semiconductors.
Citing the Centre's policy initiatives while expressing confidence that there will be a thrust for manufacturing of silicon and compound semiconductor chips in the country, he said the state with the intention of creating a suitable ecosystem has sector-specific policies including Engineering R& D policy, KDEM, Beyond Bengaluru, among others.
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Advocate finds copy of century-old Thane court order in mango theft case
Thane (PTI): An advocate has stumbled upon a copy of an order pronounced by a court in Maharashtra's Thane 100 years ago in a case of theft of mangoes, providing a glimpse of the legal proceedings at that time.
In the order dated July 5, 1924, the then magistrate TA Fernandes convicted four persons of mango theft and released them after admonition, considering they were all young men and he did not want to ruin their life by sentencing them.
Advocate Poonit Mahimkar told PTI on Sunday that while shifting from his previous house in Thane city, he found a bag lying unattended in the mezzanine for years, possibly left by the earlier house occupants.
When he opened the bag, he found some old property papers and a copy of the magistrate's order.
The order was pertaining to the case titled 'Crown Vs Anjelo Alwares and 3 others', charged under sections 379/109 of the Indian Penal Code for the theft of "185 green mangoes".
The judgement, by magistrate Fernandes, recounted the prosecution's case alleging the accused were caught red-handed while plucking mangoes from a field belonging to Bostiav Ellis Andraden.
Witnesses testified to seeing the accused selling the stolen mangoes to a local dealer, prompting Andraden to reclaim his property (mangoes) and seek legal action.
The defence argued claiming innocence, but the magistrate convicted the accused of theft.
"Considering the whole evidence, I am satisfied that accused are guilty of the offence of theft. But they are all young men and I have no wish to ruin their life by sentencing them, and they have moreover no previous conviction. Accordingly I convict them under section 379/109 and release them after due admonition," the magistrate said in the order.
Mahimkar said he now plans to preserve the document.
