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ICT policy to include
provisions for hardware investors
Source: Business Standard;
February 22, 2013
The new Information and Communication (ICT) policy will have
provisions for attracting the investors both from the software and
“Instead of having separate policies for the software and hardware,
the new ICT policy will have provisions needed to attract the
investors in the ESDM (Electronic System Design and Manufacturing)
sector,” said an official in the state IT department.
The state government has recently engaged Indian Semiconductor
Association to prepare a roadmap for Odisha for the promotion of ESDM
sector and Bhubaneswar has been identified as one of the brownfield
electronics manufacturing cluster by the government of India.
Encourage domestic electronics manufacturing: IESA
Source: The Times Of India;
February 22, 2013
Encouraging domestic electronics manufacturing and product development
will stimulate the domestic electronics industry, according to the
India Electronics and Semiconductor Association (IESA). The apex trade
body has submitted proposal top the government to rationalised
indirect tax structure of 12% GST (8% Excise + 4% VAT) on the
electronics manufacturing value chain.
Govt Expects Many
Firms To Set Up Electronic Manufacturing Units In 2013
February 22, 2013
The Indian Government expects that 2013 will see many companies
setting up electronic manufacturing units and clusters of these units
in the country.
"We are hoping that in year 2013 there will be tremendous response
from the industry in setting up (manufacturing) units and clusters of
these units across the country," PTI quoted Department of Electronics
and Information Technology (DEITy) Secretary J Satyanarayana as
Source: India Infoline Ltd;
February 22, 2013
Semiconductor content is increasing in the Bill of Materials (BoM) of
electronic products. India has emerged as one of the leading countries
in the semiconductor design, with 23 of the top 25 MNCs having their
design centres in here.
The India Electronics and Semiconductor Association (IESA), the
premier trade body, representing the Indian Electronic System Design
and Manufacturing (ESDM) and Semiconductor industry presented their
recommendation to the Government of India for the Union Budget 2013 –
14. The IESA’s recommendations cover two primary areas, namely
Electronic System Design & Manufacturing (ESDM) and Semiconductor
Still dark times for
Source: Examiner.com; February 22, 2013
Recent solar module production capacity has been nearly twice the
demand, resulting in significant overcapacity and excessive
inventories. Solar manufacturers have reduced prices to record lows,
often at or below the module cost of goods sold (COGS). Companies have
been hunkering down until overall market conditions improve by laying
off workers or actively seek creative solutions to lower the COGS
below current prices. Solar companies are seeking low-cost
manufacturing locations, higher efficiency modules and higher
production yields to stay afloat in this challenging period for the
SMEs can see speedy
growth by adopting cloud computing
Source: The Hindu; February 23, 2013
Small and medium enterprises (SMEs) can speed up business growth by
adopting cloud computing, speakers said at an IT conclave organised by CII,
Karnataka, here on Friday.
According to Principal Secretary, IT, I.S.N. Prasad, ESDM or electronic
system design manufacturing will be the focus of IT companies in the near
future. ESDM serves domestic SMEs and MNC majors.
India set to become an
electronic system design and manufacturing hub
Source: SME Horizon; February 25, 2013
Consumer Electronics and Appliances Manufacturers Association (CEAMA)
and the Department of Electronics and IT, Government of India
organised a seminar on 'Opportunities and Challenges in Electronic
System Design and Manufacturing in Mumbai, Maharashtra.
incentives to boost manufacturing
Source: The Economic Times,
February 26, 2013
In an attempt to boost manufacturing sector in Gujarat, the state
government today announced five more schemes giving financial
incentives which include interest subsidy scheme for MSMEs.
FACILITY ON ITS WAY
Source: Asia - TMCnet; February 27, 2013
The country's first fab facilities may be announced soon by the
central government. The Department of Electronics and Information
ITechnology (Deity) is currently evaluating five large fab projects
and each of these projects are in the $2 billion....
telecom, semicon, green energy and core infrastructure. Speaking at an
Indian Semiconductor Association (ISA) meet here on Friday, professor
Hike customs duty on
smartphones, tablets: Frost & Sullivan
EE Times India; February 28, 2013
Sullivan has sought incentives, including zero import duty on all raw
materials and capital goods used for manufacture of electronic
products and equipment. The market research firm has also asked the
government to set up of Development Fund of Rs.21,857.92—Rs.27,322.40
crore ($4-5 billion) for promotion of Indian......
offer sop for semiconductor manufacturing
Source: Solid State Technology; February 28, 2013
This week, India’s Finance Minister P Chidambaram offered sops to chip
makers to set up headquarters in India, in an effort to encourage
local electronics manufacturing.
...improvements in technology, says Satya Gupta, chairman of the
Indian Semiconductor Association. Somebody who knows the fab business
has to run...
Budget will spur
investments in electronics industry
Source: SME Horizon; February 28, 2013
The Indian electronics and semiconductor industry is upbeat on
attracting large investments, promoting entrepreneurship and domestic
manufacturing, riding on the slew of incentives proposed in the union
budget for fiscal 2013-14.
"We believe steps outlined for the electronics sector by Finance
Minister P. Chidambaram in his budget will help attract large
investments, promote entrepreneurship and boost domestic
manufacturing," India Electronics & Semiconductor Association (IESA)
president P.V.G. Menon told IANS here Thursday.
15 percent investment
allowance for semiconductor industry
February 28, 2013
Finance Minister P. Chidambaram Thursday proposed to allow incentives
to companies in the semiconductor sector.
"We recognise the pivotal role of semiconductor wafer fabs in the
eco-system of manufacture of electronics," Chidambaram said while
presenting the union budget 2013-14 to the lower house of parliament.
hardware companies to set up plants here
Source: Business Line;
February 28, 2013
The Finance Ministry attempted to lure electronics and IT hardware
companies to set up manufacturing units in the country.
The Finance Minister announced incentives for semiconductors industry
with no Customs duty on plants and machinery. The Budget also
increased outlay for IT manufacturing to Rs 100 crore in 2013-14
compared with Rs 5 crore in 2012-13. In addition, a company investing
Rs 100 crore or more in plant and machinery between April and March
2015 will be entitled to deduct an investment allowance of 15 per cent
of the investment. However, the industry said that more needs to be
done to drive manufacturing.
Import duty raised on
set top boxes
Source: The Hindu; March 1,
The increase in the import duty on set top boxes (STB) is a “welcome
step,” according to the President of the Indian Electronics and
Semiconductor Association (IESA) P.V.G. Menon. He said the industry is
likely to benefit because the demand for STBs over the next 2-3 years
is likely to be at least 100 million units. The increase in duty will
end the unfair advantage imported STBs have been getting for so long,
Mr. Menon said.
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