IESA names V Veerappan as chairperson, announces new executive council

The Indian Electronics and Semiconductor Association (IESA), the premier industry body representing the Indian Electronic System Design and Manufacturing ESDM industry, on Tuesday, announced the New Executive Council during the annual member meeting held in Bangalore. 
Leading the charge in IESA's new leadership lineup is Dr V Veerappan, who assumes the role of Chairperson for the 2024-25 term, and serves as the Co-Founder & President of Tessolve Semiconductor Private Ltd. He succeeds Sanjay Gupta, the President and CEO of Minda Corporation who is moving to an advisory role.

The Council includes the VP and Country Manager at Siemens EDA Ruchir Dixit who assumes the role of Vice Chairman, and Sudhir Naik, Founder & Advisor of EInfoChips Ahmedabad as the treasurer. The newly elected council members include Navin Bishnoi - India Country Manager and AVP Compute & Custom Solutions at Marvell India, Rajeev Khushu- Director of Corporate Affairs and Government Relations Texas Instruments and Sanjeev Keskar - CEO, Arvind Consultancy. The new Executive Committee comprises five members retained from last year's Executive Committee.

This marks the fresh cadre of industry stalwarts and seasoned professionals joining the board after elections and tasked with guiding the organization to unprecedented heights, positioning it as the preeminent platform within the Electronics System Design and Manufacturing (ESDM) sector, according to a statement. 

The incoming council assumes responsibility for charting the organization's course, devising strategic initiatives, and propelling growth across India's electronics and semiconductor landscape. Upon being elected the new Chairperson, Dr. V Veerappan commented, “It is a privilege to step into the role of lESA's Chairman. For the past two decades, I have had the privilege of calling IESA a home and witnessing the incredible progress we have made together in the Indian ESDM landscape. The future holds exciting possibilities but also challenges that demand fresh perspectives. 

“This journey, however, requires the collective brilliance and dedication of each member of lESA. I am confident that with the continued support of my esteemed colleagues, lESA's brightest chapter as a driving force for progress in India's ESDM ecosystem is yet to be written. By forging strategic alliances between industry, academia, and government, we can unlock the full potential of India's ESDM sector,” said Veerappan, who brings over 40 years of extensive experience in spearheading operations, strategy, and innovation within the technology sector.

Ashok Chandak, who was appointed President of IESA in November said, “As we usher in a new era of leadership at IESA, I am delighted at the prospect of collaborating with our esteemed Chairperson, Dr. V Veerappan, and our dedicated Executive Council.

"Together, we are poised to harness the immense potential of India's electronics and semiconductor industry, fostering collaboration, driving innovation, and propelling our country towards unparalleled success. With unwavering determination and a shared vision, we will continue to champion the interests of our industry and enduring impact through the IESA member community," he said.

semiconductors
The demand for semiconductors has experienced a notable surge in recent years, driven by factors such as the widespread adoption of 5G technology, the growing popularity of cryptocurrency mining necessitating a higher quantity of processing units, and the government's persistent efforts towards digitalization.

The Indian semiconductor market was valued at approximately $23.2 Bn and is projected to reach $80.3 Bn by 2028, growing at a compound annual growth rate (CAGR) of 17.10% during the forecast period.