IESA WINWire May 17 - May 23, 2014
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Election 2014: IESA Expects Modi Government to Drive Development And Growth Through ESDM
Source: EFYTimes.com; May 17, 2014

http://www.efytimes.com/e1/fullnews.asp?edid=138731

 

With the new Narendra Modi-led government coming in, the Indian electronics industry has pinned its hopes high. The India Electronics and Semiconductor Association (IESA) has extended a warm welcome to the forthcoming government and has promised full support to their vision of development, growth and e-Governance. The association is all set to co-operate with the new government in making the country a manufacturing and innovation centre for domestic and global players in the electronics industry.

Vidyashankar , president, IESA added , “IESA envisions working with the forthcoming government to enable India reclaim its global leadership position in science and technology and attract investments in the private sector. R&D needs a boost to make way for more patents and products made in India. Additionally, declaring electronics as a priority sector, addressing the disabilities ranging from 7-26 per cent, strengthening fabless product ecosystem and encouraging for domestically manufactured electronic products are important initiatives the industry is looking forward to”.

Electronic Industry Expects Modi Government to Fill Loops
Source: EFYTimes.com; May 17, 2014

http://www.efytimes.com/e1/fullnews.asp?edid=138742

 

The Indian electronics industry is very excited with the Modi-led government coming in. While the industry has praised the initiatives of the outgoing UPA government, it expects the coming Modi-led government to take a step ahead in the development of electronics eco-system in the country.

The industry has expressed its expectations with the new government. The new government is expected to accelerate the pace of implementation of policies laid down for development of the domestic industry. As reported earlier, India Electronics and Semiconductor Association (IESA) Chairman Ashok Chandak said, “The present government has taken decisions, they have made policies.... Milestone have been done. Whosoever is the next government, whatever policy is there, should focus on execution and implementation."

Ensure growth rate is back to 7-8% levels, IT honchos urge Govt
Source: The Hindu Business Line; May 18, 2014

http://www.thehindubusinessline.com/news/states/ensure-growth-rate-is-back-to-78-levels-it-honchos-urge-govt/article6022643.ece

“People were debating whether we have a wave or not. It turned out to be a tsunami,” said Ashok Soota of Happiest Minds, referring to the BJP-led NDA’s victory in the general elections.

“We envisage focus on building fab units and electronic manufacturing clusters,” said Ashok Chandak, Chairman of the India Electronics and Semiconductor Association.

China Pushes its New Pacific Free-Trade Zone at APEC Meeting
Source: ADVFN.com; May 18, 2014

http://in.advfn.com/news_China-Pushes-its-New-Pacific-Free-Trade-Zone-at-APEC-Meeting_62246938.html

China wants to use a November international summit to start to put in place a new free-trade zone among Pacific rim countries, despite the objections of the U.S., Japan and others that such a move could delay other Asia-Pacific trade deals already being negotiated.

The fight over what's known as the Free Trade Area of the Asia Pacific dominated a weekend meeting in Qingdao, China, of trade ministers from the 21-member Asia Pacific Economic Cooperation forum, who agreed Sunday to move ahead slowly on the idea after a long night of negotiations.

Industry anticipates all-inclusive growth
Source: The Hindu; May 18, 2014

http://www.thehindu.com/news/cities/Vijayawada/industry-anticipates-allinclusive-growth/article6022753.ece

The Telugu Desam Party’s impressive performance in the residuary State of Andhra Pradesh has raised the expectations of people and industry alike.

For winners like Kesineni Srinivas (Nani), who emerged victorious in the Vijayawada Lok Sabha (LS) constituency, making Vijayawada the capital tops their priorities.

Meanwhile, industry captains are of the view that focus should now be on infrastructure development in order to attract investments in the region.

Odisha approves ESDM road map prepared by IESA
Source: Business Standard; May 19, 2014

http://www.business-standard.com/article/economy-policy/odisha-approves-esdm-road-map-prepared-by-iesa-114051900999_1.html

The Odisha government has approved the electronic system design and manufacturing (ESDM) road map prepared by India Electronics & Semiconductor Association (IESA), paving the way for development of this sunrise sector in the state.

“The government have been pleased to approve the ESDM road map submitted by IESA,” Satyabrata Ray, deputy secretary of the IT department wrote to General Manager, Odisha Computer Application Centre (OCAC), the technical directorate of IT department.

IESA Toasts New Government
Source: ELE Times; May 20, 2014

http://www.eletimes.com/top-stories/saffron-color-revives-the-electronic-industry-iesa-toasts-new-government/

“We envisage encouragement to the industry and focus on building fab units and electronic manufacturing clusters with an investment potential of over 75,000 crores in short term and cumulatively employing 2.8 crore people by building local eco system within the next 10 years”, said Mr. Ashok Chandak, Chairman, IESA. India Electronics and Semiconductor Association (IESA) greets the imminent government and extends its full support to their vision of Development, Growth and e-Governance, making India a manufacturing and innovation Centre for domestic and global players in the electronics industry. Mr. Vidyashankar , President, IESA added , “IESA envisions working with the forthcoming government to enable India reclaim its global leadership position in science and technology and attract investments in the private sector.

Change in government ignites IT sector hopes
Source: Express Computer; May 20, 2014

http://computer.financialexpress.com/sections/news/2593-change-in-government-ignites-it-sector-hopes

The Indian IT sector has welcomed the astounding victory of BJP led NDA (National Democratic Alliance) and its prime ministerial candidate Narendra Modi in Lok Sabha elections 2014.

In a statement NASSCOM has said that it welcomes the new NDA government at the centre and reiterates its commitment to work closely with the government in catalysing a technology-led transformational agenda for India.

IESA (The India Electronics and Semiconductor Association) has also extended its full support to the NDA's vision of development, growth and e-Governance, making India a manufacturing and innovation centre for domestic and global players in the electronics industry.

Ravinder Zutshi, Samsung India deputy MD, only Indian to stick with the company since its entry in 1995
Source: Economic Times; May 20, 2014

http://economictimes.indiatimes.com/news/news-by-company/corporate-trends/ravinder-zutshi-samsung-india-deputy-md-only-indian-to-stick-with-the-company-since-its-entry-in-1995/articleshow/35399348.cms

At 59, Samsung India deputy managing director Ravinder Zutshi is still the South Korean giant's man Friday in India.

Right from handling a recent crisis when the company's global chairman Lee Kun-hee got a court summons in India and liaising with the government to managing disgruntled dealers, it was Zutshi who swung into action with the full confidence of Samsung headquarters.

Luxury cars, electronics may become cheaper
Source: ET Auto; May 21, 2014

http://auto.economictimes.indiatimes.com/news/passenger-vehicle/cars/luxury-cars-electronics-may-become-cheaper/35420355

Luxury cars, consumer electronics and durables could become cheaper in the coming months on the back of a stronger rupee, which is expected to maintain its stellar showing after Narendra Modi-led BJP got a majority mandate in the elections. But despite poor sales, companies, which had resorted to price rise when the Indian currency hit a record low of 68.83 to a dollar, are not going to go for a cut immediately and wait for the Budget to get more cues on government policy.

India now the the third largest smartphone market
Source: Siliconindia.com; May 21, 2014

http://blogs.siliconindia.com/bangalorenx/Technology/India-now-the-the-third-largest-smartphone-market-bid-8M3P2BfG27378781.html

India has become the 3rd largest smart phone market in the world, having overtaken Japan in Q1 of 2013. China and America occupy the first two positions.

Various smartphone manufacturers like Apple, HTC, LG, BlackBerry and Samsung have been aggressively pursuing the smartphone market in India. The smart phone market has been growing at over 160% year-on-year in India.

BEL Notified Recruitment for 200 Graduate Engineers Posts 2014
Source: Jagran Josh; May 22, 2014

http://www.jagranjosh.com/articles/bel-notified-recruitment-for-200-graduate-engineers-posts-2014-1400759140-1

Bharat Electronics Limited (BEL) invited applications for recruitment to the post of Graduate Engineers. The candidates eligible for the post can apply online before 5 June 2014. BEL was established at Bangalore, India, by the Government of India under the Ministry of Defence in 1954 to meet the specialised electronic needs of the Indian defence services. Over the years, it has grown into a multi-product, multi-technology, multi-unit company serving the needs of customers in diverse fields in India and abroad.

IIT, IISc and IIM faculties urge new govt to set up telecom R&D fund
Source: Business Standard; May 22, 2014

http://www.business-standard.com/article/companies/iits-iisc-and-iima-faculties-urge-new-govt-to-set-up-telecom-research-development-fund-114052200308_1.html

Faculty members from IITs, IISc and IIMs have urged the new government to set-up a new Telecom Research and Development Fund (TRDF) and Telecom Entrepreneurship Development Fund (TEDF) to catalyse the manufacturing eco-system.

"Delay in setting up such funds will cost us dearly and time is just ripe for us to shape the contours of future telecom evolution", faculty members said, in a statement evoking the NTP.

Zacks Industry Outlook Highlights on Semiconductor
Source: PCBDesign007; May 22, 2014

http://www.pcbdesign007.com/pages/zone.cgi?a=100576

The Semiconductor Industry serves as a driver, enabler and indicator of technological progress. Developments in the industry determine the way we work, transport ourselves, communicate, entertain ourselves and respond to our environment. The PCs we work on, the cars we drive, the phones we communicate with, the electronic gadgets on which we watch movies, listen to music and play games, and the planes and weapons used to transport or protect us use semiconductor devices.

CSIR & IMD Join Hands to Facilitate Aircraft Landing at all Civilian Airports of the Country Even in Very Low Visibility Conditions
Source: Press Information Bureau; May 22, 2014

http://www.pib.nic.in/newsite/erelease.aspx?relid=105132

A milestone has been achieved in the field of aviation safety when CSIR-National Aerospace Laboratories (CSIR-NAL), Bangalore and India Meteorological Department (IMD) signed a partnership agreement for joint production of Drishti system; a sophisticated instrument for assessment of Runway visual range, which is a critical parameter for safe landing and takeoff of aircraft in poor visibility.

Drishti has also received several prestigious awards during 2013-14 from National Research Development Corporation (NRDC), Institution of Electronics and Telecommunication Engineers (IETE), India, and Indian Electronics & Semiconductor Association (IESA) as the most innovative, meritorious product of the year.

Compiled by IESA Research

research@iesaonline.org

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