Sanjay Agarwal, Managing Director of Globe Capacitors Private Limited, is the force behind India’s largest producer of MPP film AC motor capacitors that are used in household appliances, energy improvement, industrial controls, the auto industry, illumination, and communication.
In an exclusive interview with @Dr Rachana Chowdhary, Editor of IndiaTechnologyNews, Mr. Agarwal, who is ELCINA’s outgoing President, shares insights into the journey of ELCINA and the transformation of India’s electronics manufacturing.
Here are some of the specific products that Globe Capacitors manufactures:
Sanjay Agarwal: A Visionary in Electronics
Sanjay Agarwal is a name synonymous with the electronics industry in India. As the Managing Director of Globe Capacitors Private Limited, a company that exports 40% of its production to the United States, Europe, the Middle East, the Far East, and South America, he has played a pivotal role in shaping the landscape of electronic manufacturing in the country.
ELCINA: Pioneering Change in Electronics
ELCINA, founded in 1967, emerged during a time when electronic manufacturing in India was in its infancy. Fast forward to today, and it has grown into a powerhouse with over 400 active members. ELCINA has been instrumental in fostering collaboration between industries, be it in Electronic Manufacturing Services (EMS), components, printed circuit boards (PCB), or semiconductor manufacturing.
Electronics: An Integral Part of Our Lives
The ubiquity of electronics in our lives is undeniable. From household appliances to vehicles, electronics have infiltrated every corner of our existence. ELCINA has played a crucial role as an enabler, facilitating discussions and collaborations with the government, thereby influencing policies that have been pivotal in the industry’s growth.
Marquee Events and Partnerships
ELCINA’s contributions extend beyond policy advocacy. They are renowned for their marquee events, including Source India, exhibitions in Chennai, and the Electronic Supply Chain Summit in Noida, to name a few. Their collaborative efforts with SEMI and the Semicon curtain raiser in Bangalore have been game-changers.
Semiconductor Revolution in India
The upcoming Semicon India event promises to be a significant milestone in India’s semiconductor journey. ELCINA believes in fostering innovation and supporting the growth of startups. These efforts have translated into noteworthy accomplishments, celebrated through their prestigious ELCINA Awards.
Honoring Excellence
ELCINA Awards, now in their 48th edition, hold a special place in the industry. Distinguished individuals in the past, including legends like Mr. Kohli, Mr. Tata, Mr. Ajay Chaudhary and many more have graced the stage to accept these coveted honors. ELCINA has expanded the categories to cover exports, quality, research and development, PCB, startups, and more.
A Changing Landscape Under PM Modi’s Leadership
Sanjay Agarwal commends the transformation brought about by nearly a decade of Prime Minister Modi’s leadership. Initiatives like the Digital India project and the introduction of policies such as M-SIPS (Modified Special Incentive Package Scheme) and Production LinkedIn Incentives have spurred investment in the electronics sector. Indian and international companies alike, such as AMD, Applied Materials, and Micron, have found their home in the Indian semiconductor industry. Indigenous companies like Sigma, SGS, Vixen, Payne’s, and Centum have emerged as role models.
A Bright Future for Electronics in India
Sanjay Agarwal is optimistic about the future of the electronic industry in India. The ambitious target of achieving $300 billion in electronic manufacturing by 2025-26, set by the Indian government, represents a monumental moment for the nation. With leaders like Mr. Agarwal and organizations like ELCINA, the future of electronics in India is undoubtedly promising.
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