IESA WINWire Dec 06 - Dec 12, 2014
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Centre Eyes Venture Capitalists, Plans to set up Rs. 10,000-Cr Electronics Fund
Source: Financial Express; December 6, 2014

http://www.financialexpress.com/article/economy/centre-plans-to-set-up-rs-10000-crore-electronics-fund/15759/

 

The Department of Electronics and Information Technology (DEITY) is planning to set up a Rs 10,000 crore fund for innovation and development purposes in the sector, a top government official said.

“The department will set up a Rs 10,000-crore corpus to fund innovation in electronics and IT,” DEITY secretary R S Sharma said.

The department would rope in existing venture capitalists (VC) for selecting the start-ups where funds would be made available for starting innovation exercise, Sharma told reporters on the sidelines of Infocomm 2014 here today.

Betting on India: China Electronics eyes sales of million phones in 2015
Source: Hindustan Times; December 6, 2014

http://www.hindustantimes.com/business-news/betting-on-india-china-electronics-eyes-sales-of-million-phones-in-2015/article1-1293727.aspx

 

Late entrant into the Indian mobile phone market China Electronics Corporation (CEC), a state-controlled Chinese corporation, is eyeing sales of million units in 2015.

CEC’s subsidiary Sang Fei, is selling its erstwhile joint-venture partner Philips branded mobile handsets in India. The company hopes its focus on rural market with a range of feature phones along with smart phones targeting urban population will drive growth.

Indian mobile phone market is estimated to 300 million units in 2014 with smart phones clocking 80 million units.

High-Speed SERDES: The Heart of IoT Products
Source: Electronicsforu; December 7, 2014

http://electronicsforu.com/electronicsforu/circuitarchives/view_article.asp
?sno=2020&title%20=%20High-Speed+SerDes%3A+The+Heart
+of+IoT+Products&id=13377&article_type=5&b_type=new

 

PHY is an abbreviation for physical layer of the conceptual open systems interconnection (OSI) model. With ever increasing demand for faster data transfers, over the recent times, the demand for hi-tech electronic products has considerably increased in India. Especially with introduction of the concept of the Internet of Things (IoT), where every device is connected to each other and to the Internet, there is growing need for enabling high-speed, high-throughput and high-performance systems.

The product has received the ‘Most Innovative Product of the Year 2013’ award from India Electronic and Semiconductor Association (IESA) in recognition of innovative ideas that were implemented in the design of SerDes, which helped the customers to mitigate their SoC and package complexities.

Indian MSMEs set to battle it out for Rs 18,000-cr defence pie
Source: Business Standard; December 7, 2014

http://www.business-standard.com/article/news-ians/indian-msmes-set-to-battle-it-out-for-rs-18-000-crore-defence-pie-114120700384_1.html

The Defence Procurement Policy 2013 and the Make in India campaign have created a staggering Rs 18,000 crore ($3 billion) opportunity for the Indian defence MSME (micro, small and medium) sector as numerous offsets in the three wings of the armed forces are expected to be executed in the next five years.

According to defence MSMEs, the two key initiatives have opened up an estimated Rs 90,000 crore offset opportunity for the defence players in defence public sector undertakings (DPSUs), enterprise as well as for the MSME sector over the coming five-year period.

Electronics Industry in India Needs to Gear Up To Reach Net Zero Import By 2020
Source: EFY Times; December 8, 2014

http://www.efytimes.com/e1/fullnews.asp?edid=154681

While addressing a seminar on Make in India: Electronics- Substituting Surmounting Imports under aegis of PHD Chamber of Commerce and Industry, Ajay Shankar, the former Member Secretary, NMCC said that the key in reducing the fiscal burden would be to take forward PM Narendra Modi’s Make in India vision for the electronic industry in India.

He added that the Indian electronic industry is still at an infant stage, thus the country needs to build an investment case for itself. While talking about the current framework, he said that Electronic Fund can be a very helpful for the industry to grow faster. He even noted that the entire ecosystem of the industry requires to gear up for the progressive growth.

High Growth Opportunities in the Internet of Things Market Driven By the Semiconductor Wireless Sensor Networks 2014 - 2021
Source: EFY Times; December 8, 2014

http://www.efytimes.com/e1/fullnews.asp?edid=154624

The market for Internet of Things (IoT) would not exist without the help of sensors. Today, wireless sensor networks are capturing a lucrative market presence across the globe. This market segment is all set to influence wireless sensor network proliferation for the coming years. Additionally, an increasing development of applications on smartphone devices is anticipated to drive high growth of the semiconductor wireless sensor networks market across several industry verticals and geographic regions.

Try IP Before You Buy: Introducing the eSilicon IP Marketplace Environment
Source: EFY Times; December 8, 2014

http://www.efytimes.com/e1/fullnews.asp?edid=154593

eSilicon Corporation, a leading independent semiconductor design and manufacturing solutions provider, today announced the eSilicon IP MarketPlace environment, the newest addition to its suite of automated online custom IC decision-making portals.

The IP MarketPlace environment helps users avoid complicated paperwork; find which memories will best help meet their chip's power, performance or area (PPA) targets; and easily isolate key data without navigating convoluted data sheets.

We Need Ideas, Not Investments
Source: CXO Today; December 8, 2014

http://www.cxotoday.com/story/we-need-ideas-not-investments/

ARM is a semiconductor IP company that has shipped over 50 bn Systems in Chip (SoCs) since its establishment in 1990. Aiming at breaking down barriers to innovation for developers, designers and engineers, ARM is fast gearing up for the Internet of Things (IoT) era. It has developed a new software ecosystem for Internet connected (IoT) embedded devices– a free operating system, mbed OS, and server software, mbed Device Server.

Guru Ganesan, President & Managing Director, ARM-India Operations, says innovation is the core value of the company. In this interview with CXOToday, Guru explains the benefits of having partners and the need to build a competitive spirit to emerge the best.

Odisha: Wooing Investments in IT, Electronics
Source: Business Standard; December 9, 2014

http://www.business-standard.com/article/economy-policy/odisha-wooing-investments-in-it-electronics-114120901245_1.html

Armed with its new Information and Communication Technology Policy-2014, Odisha is wooing investments in the IT (information technology) and ESDM (electronics system design and manufacturing) sector in a big way. The new policy has targetted a gross ICT (information and communication technology) turnover of $4 billion and direct employment for 60,000 professionals by 2020. It aims to attract 10 leading IT/ITes companies and five leading ESDM companies to the state, prepare built-up space of six million sq ft and develop a land bank of 2,000 acres.

The sector is poised to generate cumulative revenues of Rs 18,800 crore in the state by 2024, according to estimates of the India Electronics & Semiconductor Association (IESA). In its report, IESA, a premier trade body representing the ESDM sector, has projected revenues, potential investments and employment opportunities in this field.

India Releases Fund To Boost Electronics, IT Sectors
Source: EET India; December 10, 2014

http://www.eetindia.co.in/ART_8800707721_1800007_NT_9241a2cb.HTM

The Department of Electronics and Information Technology (DeitY) plans to support start-ups in the electronics and IT sectors by providing Rs100,000 million fund for innovation and development, electronicsb2b reported.

DeitY is tapping venture capitalists to help in choosing start-ups that deserve to be funded. Each company selected shall be allotted up to 20 per cent of investment.

The government is working to increase domestic production in order to reduce its electronics imports, which currently amount to about $100 billion, the report quoted The Economic Times.

With Plans to Invest $2 Billion in India, Iphone Maker Faxconn Keen on Nokia's Chennai Plant
Source: The Economic times; December 10, 2014

http://economictimes.indiatimes.com/industry/telecom/with-plans-to-invest-2-billion-in-india-iphone-maker-foxconn-keen-on-nokias-chennai-plant/articleshow/45442530.cms

Foxconn, which makes iphones and ipads for Apple and the Kindle for Amazon, has emerged as a possible buyer for Nokia's defunct Chennai factory as the world's largest electronics contract manufacturer looks to invest around $2 billion in India. This comes within weeks of fast-growing domestic handset maker Lava being reported to be interested in acquiring the plant, once the world's biggest phone-making facility. In a related development, the telecom and IT ministry has proposed to the revenue department that Nokia be allowed to sell the plant, currently frozen in a tax dispute, without passing on the legal liability to the buyer, people familiar with the matter told ET.

India-Born Pranav Mistry Named Samsung Electronics Vice-President; Key Facts of New Company Chief
Source: International Business Times, India Edition; December 8, 2014

http://www.ibtimes.co.in/india-born-pranav-mistry-named-samsung-vice-president-616536

India-born Pranav Mistry has reportedly been promoted to vice-president of Samsung Electronics.

The South Korean company as part of restructuring has crowned 33-year-old Pranav Mistry, as vice president (Global operation) of Samsung Electronics, reported The Wall Street Journal.

Prior to this promotion, Mistry was Vice President of Research & Development and the head of Think Tank Team based in Silicon Valley, USA.

India building database to unite records for 1.2 billion people
Source: Livemint; December 10, 2014

http://www.livemint.com/Politics/TKL1FyeT9Ce3Vxs8vJF84L/India-building-database-to-unite-records-for-120-crore-peopl.html

India is building its own database platform to consolidate public records from across the world’s second-most populous nation in a bid to modernize services. The initiative will integrate police, court and criminal files, R.S. Sharma, secretary of the Department of Electronics and Information Technology, said in an interview. The government will also build its own platform for uniform payment, property registration and social assistance systems, he said. Prime Minister Narendra Modi is revamping India’s communications infrastructure to transform the economy and create jobs in a country where 372 million people are below the age of 15. The database push comes as the government implements its $18 billion “Digital India” project to provide high-speed Internet to rural villages, develop domestic electronics manufacturing and a consolidate government services online.

Govt. Approves Electronics Development Fund
Source: Deal Curry; December 12, 2014

http://www.dealcurry.com/20141211-Govt-Approves-Electronics-Development-Fund.htm

The centre has given its nod for Electronic Development Fund, a dedicated fund formed to back electronic system and design, manufacturing, nanoelectronics, and information technology.

The open ended fund will be managed by SIDBI and will provide risk capital to these companies. The board will constitute members from Ministry of Communications and IT as well.

The fund was proposed to have a corpus of INR100 Bn, however now it has been left open.

Odisha to Spend Rs 5,000 Cr on IT Sector: Patnaik
Source: Economic Times Epaper (Kolkata); December 12, 2014

http://epaperbeta.timesofindia.com/Article.aspx?eid=31817&articlexml=Odisha-to-Spend-Rs-5000-Cr-On-IT-12122014003020

Odisha would spend around Rs 5,000 crore on IT in the next five years to provide services through electronic mode and entire Bhubaneswar would be made a WiFi-enabled city, Chief Minister Naveen Patnaik said today.

“As per the ICT (information and communication technology) Policy, every department will now earmark two per cent of its annual plan budget or one per cent of its overall budget, whichever is higher for IT spending so as to provide services through electronic mode,“ Patnaik said.

Compiled by IESA Research

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