The pandemic has forced the world to rethink the way we work | ELE Times

Dear Readers,

ELE Times envision the electronics space to organize the world’s information, disseminate them and make them universally accessible and useful. Considering the ups-and-downs in the year gone by, we hope that 2021 would be a successful year for you and your organization. Though the last year was challenging for all of us. I hope God will grant us all an easy and peaceful year next. As said that business is a by-product of value, we thrive and resolve to remain focused on producing value for our business clients as always.

The world has witnessed an unprecedented last year. The pandemic has left us with some hard lessons to be learnt. Every sector will have to reinvent itself to survive in a post-Covid-19 world order. Countries, too, must reimagine their contribution to a world that’s likely to be radically different from the one we’ve known thus far.

The pandemic has caused a rethink in major world powers in terms of its dependency on one nation for manufacturing. It is like a strategy equivalent to putting all the eggs in one basket. The rethinking of investing and keeping manufacturing facilities in more democratic countries have opened ways for South Asian countries like India.

It has proven to be a blessing in disguise for the Indian manufacturing industry, and specially, the electronics manufacturing sector. India also viewed this crisis as an exercise in building institutional and governance capacity — in particular, by leveraging impetuous to its manufacturing capabilities. The adoption of digitisation, virtual reality, augmented reality, machine learning, artificial intelligence, and automation are the outcomes of the pandemic-driven disruption.

The ESDM sector can propel the growth of Digital India, Startup India and Make in India initiatives. Taking the cue from pandemic and NPE 2019, the Government of India launched three schemes in April 2020. Production Linked Incentive Scheme (PLI); SPECS, or the Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors, and Modified Electronics Manufacturing Clusters (EMC 2.0) are schemes that are moving Digital India, Startup India and Make in India forward.

Strengthening the country’s credentials as an investment destination, India received the FDI equity inflow crossing $500 billion from April 2000 to September 2020. The key sectors which attracted the maximum of these inflows include services segment, computer software and hardware, telecommunications, trading, construction development, automobile, chemicals, and pharmaceuticals.

Pursuing the noble dictum to serve the world, ELE Times has moved out of Indian boundaries. Extending cost effective and affordable media services for ten years in India, ELE Times has expanded its reach to the leading electronic manufacturing countries viz. US, European countries, Asia and South East Asia, ASEAN, China and Middle East. Hence, we can communicate your offerings to the application audience in any of these countries. The purpose of being a global local is to see, know, care about and understand your business for solutions. We are as good as local media in your region.

By Devendra Kumar, Editor in Chief, ELE Times

The post The pandemic has forced the world to rethink the way we work appeared first on ELE Times.