IESA, MCCIA Partner for Electronic Manufacturing Cluster in Pune
Source: The Economic
Times; June 28, 2014
India Electronics and Semiconductor Association (IESA) today said it
has inked an agreement with MCCIA to collaborate for setting up an
electronic manufacturing cluster (EMC) in Pune..
IESA is assisting Maharashtra government for setting up a brownfield
EMC in Pune, which will provide common facilities for production and
R&D support services to benefit local firms.
Global Companies Boost Captive Tech Centres In India
Times; June 29, 2014
Global captives or offshore delivery centres (ODCs) of multinational
companies that act as technology and business process nerve centres
for their global operations are back in favour with about 30 new ones
coming up in the last two years.
With outsourcing of IT and technology service projects to Indian
companies such as Infosys or Wipro or their global rivals such as IBM
and Accenture, multinationals have in the past avoided setting up
their own centres in India, called “captives” in India. This enabled
cost-cutting and also circumvented the logistical headaches in setting
up their own operations. However, research and development seen as a
critical in-house activity and increased faith in India as a base,
captives are growing again.
L&T, Thales Form Joint
Source: AviationToday; June
L&T Technology Services has acquired a 74 percent stake of Thales
Software India, the Indian subsidiary of French aerospace and defense
company Thales. Under the new joint venture, Thales will assist the
Larsen and Toubro subsidiary with developing modern avionics
solutions. “This Joint Venture represents each organisation’s strong
commitment to provide customers with a single source of best services
in avionics industry,” he said. “We as an organisation are at an
interesting phase of our journey where we are streamlining our
expertise and strengthening our knowledge. In such a phase joining
hands with Thales adds to our proficiency in the market,” he added.
DOT May Follow Chinese
Model for Telecom Product Push
Source: The Economic Times; June 30, 2014
The Department of Telecommunications is likely to accept the advice of
top institutions to adopt the Chinese development model to unlock some
Rs 17,000 crore of central funds that have been proposed for
encouraging innovation and boosting telecom product manufacturing. In
an internal note, DoT has termed India's contribution to global
telecom intellectual property rights (IPRs) as "practically nil".
AP Sets Up Incubation
Centre for Entrepreneurs
Source: The Hindu Business
Line; July 1, 2014
The new Government of Andhra Pradesh is setting up Incubation Centre
for Entrepreneurs (ICE) to encourage start-ups in the new state. It
has mooted a Rs 100-crore fund in association with the Centre, public
and private investors to promote the start-up activity. The ICE will
provide seed funding to young entrepreneurs in the range of Rs 10-20
lakh. It has set itself a target to incubate at least 500 start-ups by
2019. "We will create infrastructure to offer plug-and-play facility
to the entrepreneurs, with common facilities for conferences," a
senior Government official told Business Line.
Govt Looking To
Partner Industry in Furthering Growth: Prasad
Source: Deccan Herald; July
The Narendra Modi-led government at the Centre is keen to further
engage with industries and their stakeholders to empower all-round
economic growth, said Union IT and Comunications Minister Ravi Shankar
Prasad on Tuesday.
Speaking at the ‘IT Panchayat’ which he held in Bangalore in
collaboration with industry body Nasscom and other associations,
Prasad said, “The Prime Minister has told us clearly that decisions
should not be delayed. That is the goal of this government.”.
Against Mounting E-Waste
Source: The Hindu Business
Line; July 1, 2014
Electronic waste is a serious problem and several developing countries
are being used as dumping grounds by the West. India should take
precautions against such a danger, according to A Appa Rao, the former
Vice-Chancellor of JNTU-Kakinada. He was delivering a lecture on the
issue here on Tuesday, the second day of a seminar on the effects of
emissions and effluents on environment (EEEE- 2014), organised by
Andhra University College of Engineering. He said several East African
countries, Bulgaria and China were facing the problem.
Television Sets above
40 Inches Poised To Become the Largest Selling By Value Nationally
Source: The Economic Times;
July 1, 2014
The Indian television market is switching to a bigger screen size.
Sets above 40 inches are poised to become the largest selling by value
nationally this festive season.
The formerly definitive 32-inch television set was edged out by
40-42-inch models in urban markets four months ago due to the
narrowing price difference, Sony, Panasonic, Samsung and Videocon
Encouragement and We Will Provide IT: PRASAD
Source: The Hindu Business
Line; July 1, 2014
After witnessing disruptive product innovations presented by 11
software product firms curated by iSPIRT – India’s first software
product industry think tank, Ravi Shankar Prasad, Minister for IT,
Telecom and Law, said, one of his priorities is to encourage the
start-up community in the country. “Start-ups need encouragement and
after listening to some of the top 3-4 issues that need to be
addressed, I have decided to take immediate action on some of them.
For instance, open APIs and standards will be made available to the
start-up industry, with the view to ensure that we have a healthy
development of applications and products in the country,” he said.
Centre To Give Top
Priority for Electronics Manufacturing
Source: The Hindu; July 2,
In steering India’s growth in the field of Information and
Communication Technology, the newly-elected government at the Centre
will focus on two major milestones: broadband connectivity across the
length and breadth of rural India, and electronics manufacturing. In
his maiden interaction with chief executive officers and
decision-makers in the software industry, Union Minister for
Communications and Information Technology Ravi Shankar Prasad asked
why the Indian industry has been a laggard when it comes to
Defence Ministry Wants
FDI Capped At 49%
Source: The Times of India;
July 2, 2014
Putting a spanner in the industry department's plan to allow up to
100% FDI in the defence sector, the defence ministry has suggested
that the ceiling should be raised to 49% from 26% — a move that is in
line with the view expressed by a majority of domestic companies with
interest in the sector.
Sources said the ministry has expressed its view during consultations
over the proposal, which was moved days after the Narendra Modi
government was sworn in.
India’s Potential in Semiconductor Manufacturing on Show in US
Source: The Hindu Business Line; July 2, 2014
India will showcase its potential of being a semiconductor
manufacturing destination at the SemiCon West, an annual event to be
held in San Francisco between July 8 and 10. The move is part of
Government’s efforts to attract investments from global firms.
“Our theme will be ‘connect with India’. We will showcase roadmaps and
how attractive it would be for investors to invest in India for
semiconductor fabs manufacturing. Since we are developing a new
industry, more people around the world should know about it,” a senior
official at Department of information technology told BusinessLine.
Software, Hardware, Electronics Lobby Bodies Begin Joint
Source: Mint; July 2, 2014
With the boundaries between software, hardware, electronics, services
and products blurring, lobby bodies of the three have begun informly
collaborating on issues of common interest, to push for the usage of
information and communications technology, or ICT, across segments
such as healthcare and education, and are working towards creating an
ecosystem for start-ups...Pointing out some common areas to work on,
such as managing e-waste, and listing out pre-budget recommendations,
Shirpurwala said he is planning to bring associations including ELCINA
(Electronic Industries Association of India), IESA (India Electronics
and Semiconductor association) and CEAMA (Consumer Electronics and
Appliances Manufacturers Association) along with Nasscom, “to address
the broader issues of ICT”.
India Has Potential to Spawn Innovative Product Start-Ups: Alok
Source: Business Standard; July 3, 2014
Cisco Investments, the venture capital arm of Cisco, has set aside $40
million for India under a fund called 'India Innovation'. This fund,
carved out of Cisco Investments' global pool of $250 million, will
invest in early-stage Indian start-ups focused on connected mobility,
big data and Internet of things. Alok Bardiya, country director
-corporate development (India and ANZ) at Cisco, speaks to Itika
Sharma Punit about the India-focused fund.
Cisco, ECIA to develop IoT innovation hub in Bangalore
Source: InfotechLead.com; July 3, 2014
Cisco has entered into a strategic partnership with Electronics City
Industries Association to develop Internet of Things (IoT) innovation
hub in Bangalore.
In a statement Cisco said that this collaboration will help establish
the foundation for a new ecosystem to help Electronic System Design
and Manufacturing (ESDM) companies and other companies of electronic
city engaged in IoT product development.
Cisco will provide the network infrastructure and expertise for
testing and production of electronic product prototypes for an IoT
enabled smart city environment.
by IESA Research
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