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India plans to set up common infra for hardware companies, will help startups: Analysts

Finance minister Nirmala Sitharaman announced in the budget that “Knowledge Translation Clusters” would be set up across different technology sectors, including new and emerging areas.

, ET Bureau|
Last Updated: Feb 11, 2020, 08.42 AM IST
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The government has also proposed that fabrication and validation of proofs of concept, further scaling up technology clusters, harbouring such test beds and smallscale manufacturing facilities would be established.
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BENGALURU: India’s plans to set up common infrastructure for hardware companies, such as design and fabrication facilities, will help more startups and product firms build and take products faster to market, analysts have said.

“Entrepreneurs are usually hesitant to try out (work on hardware manufacturing or fabrication) on a very expensive budget. But, with such an infrastructure, it will definitely encourage more experimentation...,” said Rajesh Iyengar, CEO of Lincode Labs. The industry needs a push from the government to expedite work on such clusters, he added. “For example, there is enough push from the government for incubation of 3D printing entrepreneurs,” Iyengar said.

Finance minister Nirmala Sitharaman announced in the budget that “Knowledge Translation Clusters” would be set up across different technology sectors, including new and emerging areas. The government also proposed that fabrication and validation of proofs of concept, further scaling up technology clusters, harbouring such test beds and smallscale manufacturing facilities would be established.

Apart from facilitating technology clusters, the government is likely to focus on training and skilling professionals in various emerging technology areas, said HS Shankar, MD of Alpha Design Technologies.

“It is a very welcome move. Once the clusters are set up, the locations tests and training facilities are expected to be set up nearby,” said Shankar. Industry players said a special thrust on technology clusters in emerging technology areas could create fresh job opportunities.

“A government proposal changes sentiment. We are so dependent on IT services. If we catch up at the right moment for emerging tech, technology such as robotics can turn India into a developed country,” said Sneha Priya, cofounder of SP Robotics.

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