1. What is your perception of the Indian Electronic Systems
Design & Manufacturing (ESDM) industry?
While we are a major player in the ESDM design sphere, we are
lacking in the manufacturing area. We do not have a single
commercial Semiconductor Wafer Fabrication (FAB) Manufacturing
Facilities in India. Things are looking up in the
manufacturing sector due to the Make in India initiative.
According to the IESA, the Indian Electronic System Design and
Manufacturing (ESDM) market will grow from US$ 76 billion in
2013 to US$ 400 billion by 2020, so here is huge potential for
us to leverage and we must seize this opportunity.
2. What are the top 3 innovative trends Cyient sees in ESDM
- The internet of Things (IoT) - It’s an area which every player in the ESDM industry is excited about. IoT will be a key driver for growth and innovation in the semiconductor industry. Technology Advancements, Infrastructure availability, high customer demand and supplier push by semiconductor industry have enabled IoT growth. Telecom carriers are expecting huge growth opportunity in IoT especially in in case of devices that require mobility such as ‘Connected Cars’. Global companies are investing in strategic partnerships with R&D service providers for experimenting with IoT product roadmap.
- Shift towards mid/low range smartphones- Consumers today are moving towards cheaper smartphones without compromising on capabilities. This shift will lead to the need for the innovation for smarter and cheaper electronics
- Advancement and growth of the medical device industry-The medical electronics systems market, driven by growing demand for lower cost systems and the higher price tag of more sophisticated hospital equipment in developed country markets . The significant growth in lower cost wearable medical systems that wirelessly transmit a patient’s vital signs to doctors via cell phones or the Internet and fitness monitors that are used as activity trackers has led to a significant demand for smarter and more efficient semiconductors.
3. How is Cyient positioned to serve the Indian Market?
Cyient acquired a majority stake in Rangsons Electronics in
2015. The acquisition has strengthened Cyient's expansion into
high-technology, design-led systems and solutions that's in
line with its S3 (services, systems and solutions) strategy.
In line with “Make in India” & “Make for India”, Cyient is
well prepared to Design, Develop and Deliver Products for
Cyient adopts unified approach having full spectrum
capabilities spanning into-
Our focused verticals are
- Aerospace & Defense
- Medical Devices
4. What would be the key market drivers in 2016?
- IoT –Again, this is an industry which is seeing expenditure in trillions, with a potential $15 billion market to be created in India by 2020. Needless to say, IoT is a key market driver.
- Growth in the automotive industry – Automotive sales are rising and cars are getting smarter and savvy. With growing awareness and increasingly stringent emission policies, Hybrid Electric Vehicles (HEVs) are on the rise and these vehicles pose a unique opportunity for the semiconductor industry. The increased need for, e.g., navigation and fuel efficiency for vehicles in the automotive industry, is driving the growth for electronic content per vehicle. As a result, semiconductor content in them will rise as well.
- Further rise in smartphone sales – India is set to become the second highest user of smartphones in the world. This rise in the domestic market will be a key driver.
5. In your view, what should India's focus be for the next
The long term view would be to create a fab manufacturing
industry in India. However, this is easier said than done.
Over the next 2 years we can ramp up the PCB manufacturing
facilities. Design, develop and lead to production of
state-of-the-art sensors, weapon systems platforms and allied
equipment of our Defence services.
6. How does Cyient see India as a market?
India as a market has always been and will be a huge market.
India is one of the largest consumers of electronics in the
world and that itself leads to it being a very important
market for us.
7. How does your company plan to leverage the unique needs
of India in the various market verticals?
Cyient adopts a unified approach to cater to various market verticals through full spectrum capabilities spanning into-
Our focused verticals are
Cyient’s existing capabilities enable it to become an end to end partner to its clients in large outsourcing programs.
- Aerospace & Defense
- Medical Devices
8. Specify Cyient Products/Services/tools to highlight in the Member’s Corner?
Cyient provides leading-edge core solutions for Engineering, Data networks & operations and Systems & Solutions. We create and deliver services, solutions that enhance your business agility. Solutions include product development, life-cycle support, process and network engineering, data transformation and analytics. We utilise a global delivery model. We operate in the aerospace, semiconductor, consumer, energy, medical, oil and gas, mining, heavy equipment, hi-tech, rail transportation, telecom and utilities industries. Whether you want to design innovative products faster, optimise R&D costs, improve time to market, enhance operational efficiency or maximise the return on investment in your networks, we are your right choice of partner. We help you make a difference for your customer. This might be a quieter flight, a longer-lasting toothbrush, more robust broadband connectivity or more reliable GPS navigation.
We are proud of our robust internal processes. To ensure your IP security, solution quality and on-time delivery, we align with industry best practices and internationally renowned standards and frameworks. These include ISO 9001:2008, ISO 27001:2005 (information security), AS9100 C (aerospace), and ISO 13485 (medical devices).
9. What would be your mission and vision statement for the growth of the Indian ESDM industry?
Innovate, Design, Make for India to realize $440B Make in India opportunity. We have the opportunity in the market and these are exciting times for the Indian ESDM industry.
B.V.R. Mohan Reddy is a visionary who has placed India on the global map for leading-edge engineering research and development (ER&D) services. Having established Cyient (formerly Infotech Enterprises) in 1991, Mohan Reddy pioneered computer-aided design/computer-aided manufacturing (CAD/CAM) solutions serving international clients. Cyient is consistently ranked among the top 15 IT services exporters from India. Cyient is also the largest independent exporter of high value research and development (R&D) services from India. 7 of the top 10 global aerospace companies, 5 of the top 5 global rail companies, 2 of the top 5 global semiconductor companies, 7 of the top 10 heavy equipment companies are Cyient’s customers.
The American Society of Mechanical Engineers (ASME) CIE division conferred the distinguished Leadership Award on Mohan Reddy in 2011. This is the industry’s most prestigious global award for engineering. Mohan Reddy was the first Indian and the seventh recipient globally. Mohan Reddy was conferred the Distinguished Alumnus Award by Indian Institute of Technology (IIT) Kanpur. It is the highest award given by the IIT to its alumni in recognition of their achievements of exceptional merit. He also received an Honorary Doctorate (Ph.D) from the Jawaharlal Nehru Technological University, Hyderabad, Honorary degree of Doctor of Science from the Andhra University, Visakhapatnam, and Doctor of Science Honoris Causa from KL University, Vaddesaram, Vijayawada. Mohan Reddy is a Fellow of The Institute of Engineers (India).
Mohan Reddy’s dedicated commitment to Corporate Social Responsibility (CSR) has made an indelible mark on the lives of many individuals and is an acknowledged contributor to community, state and nation. Through its “Adopt-a-School” initiative, Cyient touches the lives of over 10,000 underprivileged children. To promote digital education and inclusive growth, Cyient Foundation launched a Digital Library at the Akshara Vidyalaya School in Nellore District, Andhra Pradesh. Cyient continues to contribute to India’s growth story by setting up development centers in Tier-2 towns of Andhra Pradesh such as Visakhapatnam and Kakinada and has created over 1,000 technology jobs in Kakinada alone. Cyient won ICSI (Institute of Companies Secretaries of India) National Award for Excellence in Corporate Governance 2014.
Mohan Reddy is currently serving as Chairman of NASSCOM (National Association of Software & Service Companies), and has been a member of the Executive Council since 2003. At NASSCOM, Mohan Reddy laid the foundation of NASSCOM’s engineering services council (ER&D Forum) through a range of initiatives, including instituting industry research on ER&D services. In his previous role as Vice Chairman, NASSCOM, he was credited with establishing the Member Connect program. Mohan Reddy has also served as the Chairman of the Confederation of Indian Industry (CII), Southern Region (2008-2009). Mohan Reddy is also Director of T-Hub, the largest incubation centre in India for start-ups by Government of Telangana. Mohan Reddy has immense passion towards promoting education in India. Towards this, Mohan Reddy serves as Member on the Board of NIIT University, Neemrana; Member of Centre for Innovation and Entrepreneurship at lIlT, Hyderabad. The Honorable President of India in his capacity as the Visitor of IIT-Hyderabad, has nominated Mohan Reddy Chairman of the Board of Governors (BoG), IIT-Hyderabad for 2012-15 and re-nominated for 2015-18.