IESA WINWire July 26 - Aug 01, 2014
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Buoyed by Modi win, Japanese cos step up pace in India
Source: Economic Times; July 26, 2014

http://articles.economictimes.indiatimes.com/2014-07-27/news/52089085_1_nissan-india-kenichiro-yomura-mitsubishi-electric

 

In 2005, Rajeev Sharma, who had just turned 30, joined Mitsubishi Electric's Indian operations as one of its first employees. The Tokyo-headquartered electronics and electrical equipment giant, which has had a presence in India since the mid-'50s, was keen to scale up operations from largely import-and-sell to manufacturing. Clearly, though, Mitsubishi was in no hurry.
 

"For months I was busy making feasibility reports," recalls the head of corporate services and strategic planning. There were questions, and more questions. For each, Sharma would prepare a two-page report, researching and analysing the issue threadbare. At times Sharma would get restless.

We’re On Track to Setting up World-Class Ecosystem: Nasscom’s Ravi Gururaj
Source: The Hindu Business Line; July 27, 2014

http://www.thehindubusinessline.com/companies/were-on-track-to-setting-up-worldclass-ecosystem-nasscoms-ravi-gururaj/article6254842.ece
 

The National Association of Software & Services Companies (Nasscom) initiated the 10,000 Start-ups programme to incubate, fund and support start-ups over the next 10 years. According to Nasscom, products and start-ups are expected to contribute $100 billion or one-third of the total revenues of $300 billion generated in the IT sector by 2020.In an interview to BusinessLine, Ravi Gururaj, Chairman - Nasscom Product Council, speaks about the focus on start-up and products, developing the ecosystem and helping the Government.

India Semiconductor Market is forecasted to reach $52.8b by 2020
Source: EE Herald; July 27, 2014

http://www.eeherald.com/section/news/onws201407270001.html

A market research company called NOVONOUS has forecasted the semiconductor Industry in India to reach $52.8 Billion by 2020. NOVONOUS finds that the semiconductor industry is estimated to grow from $10.02 billion in 2013 to $52.58 billion in 2020 at CAGR of 26.72%.
 

The release in Markets and Markets quotes "Semiconductor industry is 100% import based with India importing semiconductors worth $10 billion in 2013. Since In 2013, India spent $169 billion on oil imports, $54 billion on gold imports and $31.5 billion on electronic imports. "

Consumer Semiconductor Market to See Good Growth in 2014
Source: EE Herald; July 27, 2014

http://www.eeherald.com/section/news/onws2014072700010.html

Consumer Electronics Association (CEA) reported its index of Consumer Technology Expectations (ICTE) has increased by 4.1 points in July to reach 95.3, highest level since the 2012 holiday season and peak for that year. Another index by CEA, the index of Consumer Expectations (ICE), which measures consumer expectations about the broader economy is also increased by 0.6 points from last month to reach 171.3 in July, the highest level so far in 2014.

AP lines up Rs 1785 cr to promote IT, electronics
Source: Business Standard; July 28, 2014

http://www.business-standard.com/article/economy-policy/ap-lines-up-rs-1785-cr-to-promote-it-electronics-114072801021_1.html

The Andhra Pradesh government on Monday unveiled a ‘blueprint’ for development of information technology (IT), electronics and e-governance with an ambitious goal to create one IT professional and one entrepreneur in every family in the state.
 

The blueprint features three broad missions, involving IT and electronics, e-governance and innovation and capacity building with targets fixed for the next three-five years.

Chinese imports hurting electrical equipment units
Source: Business Standard; July 28, 2014

http://www.business-standard.com/article/sme/chinese-imports-hurting-electrical-equipment-units-114072801129_1.html

Valued at more than Rs 1.40 lakh crore in 2013-14, India's small- and medium-enterprise-dominated electrical equipment industry is under severe pressure. Sluggish demand in the domestic market and a consistent increase in imports of electrical equipment from China are threatening its growth. With capacity utilisation at less than 70 per cent, the industry registered miniscule growth of 3.5 per cent in production in 2013-14.

Incubators – The New Fads of Entrepreneurship?
Source: The Hindu Business Line; July 28, 2014

http://www.thehindubusinessline.com/features/incubators-the-new-fads-of-entrepreneurship/article6258026.ece

As the entrepreneurial ecosystem in India develops, translators, incubators and accelerators are the topic of much public attention. Given that these terms are yet to diffuse widely into the common business professional’s daily lexicon, it is useful to start by briefly describing what they stand for. Translators help scientists and engineers take their work from the laboratory to a point where it can be developed for commercialisation. They usually do not develop the idea to the point of manufacturing and marketing the product on a commercial scale.

Telecom department red-flags six 'daughter-fund' proposals for research and development
Source: The Economic Times; July 29, 2014

http://economictimes.indiatimes.com/industry/telecom/telecom-department-red-flags-six-daughter-fund-proposals-for-research-and-development/articleshow/39191039.cms

The telecom department has raised several flags on the proposal of setting up six 'daughter funds' under the electronic development fund that promotes local research and development, including technology acquisition, commercialisation of R&D and manufacturing.
 

According to an internal note, the department of telecom (DoT) has sought the logic behind setting up a venture capital fund for infrastructure related to electronic eco-system development, while suggesting a role change for the daughter funds under a single fund.

The money we throw out in old electronics
Source: The Standard Digital News; July 29, 2014

http://www.standardmedia.co.ke/business/article/2000129784/the-money-we-throw-out-in-old-electronics

Mr. Philip Wahome has made a name for himself as Nairobi’s go-to-guy for people looking to make an extra shilling from old electronics. From his small shop at a building near the Bus Station matatu terminus, he buys old phones, fridges, televisions and so on. What many may not know by looking at the state of his stock or shop is that Mr Wahome is earning a tidy sum from this trade.

IDCO Seeks Industry Contribution for Info-Valley EMC
Source: Business Standard; July 29, 2014

http://www.business-standard.com/article/companies/idco-seeks-industry-contribution-for-info-valley-emc-114072901062_1.html

The Odisha Industrial Infrastructure Development Corporation (Idco) has asked the India Electronics and Semiconductor Association (IESA), the trade body representing the Electronic System Design and Manufacturing (ESDM) industry, to collect at least 10 per cent of the fund requirement for setting up of Electronic Manufacturing Cluster (EMC) in the state from industrial institutions/associations. The stipulated industry contribution for the proposed cluster is one of the prerequisites for getting the Union government’s final approval for the project. IESA is assisting the state government for setting up the EMC under the Electronic Manufacturing Clusters Scheme of DEITY.

Telecom equipment imports up 20% in FY14
Source: Voice & data Online; July 30, 2014

http://www.voicendata.com/voice-data/news/218401/telecom-equipment-imports-fy14

Telecom equipment imports increased by 20% to Rs 74,116.21 crore in 2013-14 as against Rs 61,539.01 crore in the previous fiscal. Imports of telecom equipment have increased by about Rs 12,577 crore from Rs 61,539.01 crore in 2012-13, up 20% year- on-year, telecom minister Ravi Shankar Prasad said in a written reply to the Rajya Sabha. Telecom equipment imports stood at Rs 59,447.4 crore in FY12.

Samsung earns $6.1 billion, shares plunge
Source: Yahoo! India Finance; July 31, 2014

https://in.finance.yahoo.com/news/samsung-earns-6-1-billion-094928941.html

Samsung earned $6.1 billion last quarter but investors were dissatisfied, sending its share price down 4 percent. The panoply of numbers in its earnings report for the April-June quarter show why.
 

Last quarter Samsung sold 18 million fewer handsets than 113 million in the first three months of the year. Smartphones and other handsets have previously contributed about 70 percent of Samsung's profits. This quarter it fell to 60 percent.

Qualcomm invests in Indian home healthcare firm
Source: Economic Times; August 1, 2014

http://economictimes.indiatimes.com/tech/ites/qualcomm-invests-in-indian-home-healthcare-firm/articleshow/39365755.cms

Global chipmaker Qualcomm today said it has made a strategic investment in home healthcare company, Portea Medical, to help the firm scale its network and service delivery.
 

No financial details were disclosed. The investment by Qualcomm Ventures (Qualcomm's venture investment group) will help Portea address India's expanding need for innovative and cost-effective solutions to tackle chronic disease management and geriatric care, a statement said.

RS India DesignSpark PCB Contest 2014
Source: Press Release; August, 2014

http://www.rs-online.com/designspark/electronics/eng/blog/rs-india-designspark-pcb-contest-2014-registrations-open

RS India is happy to announce first edition of RS India DesignSpark PCB (RS India DSPCB) Contest 2014.

Contest aims to promote schematic & layout using DesignSpark PCB. It is open to students, electronics professionals, hobbyist from India who are interested in electronic design. There is no registration fee for participation but prior registration is mandatory! Last date for registration is Aug 15, 2014.

Compiled by IESA Research

research@iesaonline.org

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