IESA WINWire Dec 05 - Dec 11, 2015
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India at the CrossRoads with IoT
Source: ET Tech; December 5, 2015

http://tech.economictimes.indiatimes.com/news/internet/india-at-the-crossroads-with-iot-partner-post/50042314

Internet of Things (IoT) is the new trigger for the Digital Economy and a harbinger for non-linear change with new business models and technologies across multiple verticals. We, in India were 10 years late in adopting the PC, we came a couple of years behind in terms of Smartphone adoption, but only as consumers. With Internet of Things (IoT), India has an edge with a strong DNA in Software, IT, Services and Data analytics. The initiatives of the new Modi Government has geared up digital infrastructure opportunities with #DigitalIndia #MakeinIndia, #100GWSolarPower and #100SmartCities.

Besides the Business Opportunities, India's contribution would be the rich talent base to innovate and implement IoT solutions globally as we have successfully done in the IT and Business Processes for over 2 decades. India, with its fast growing startup culture and ecosystem with accelerators/incubators, angel communities, venture capitalists, think-tanks, and with its own set of unique constraints could emerge as an IoT hotspot, leap-frogging in terms of both technology, market solutions and most importantly scale.

It is impressive to see the entire ecosystem come together for the 'Global Summit on Innovating Digital Economy with IoT enabled Solutions and Services'. Jointly hosted by Indian Electronic Semiconductor Association (IESA) and The Indus Entrepreneurs (TiE), Bangalore Chapter, IoTNext is India's IoT Platform, hosting its first marquee on December 9-10th in Bangalore.

Make in India only possible through strengthening the Indian SME Sector: Minister
Source: VoicenData; December 7, 2015

http://www.voicendata.com/make-in-india-only-possible-through-strengthening-the-indian-sme-sector-minister/

Speaking at the Special Plenary Session of the Global SME Business Summit 2015 organized today by Confederation of Indian Industry (CII) in close association with the Ministry of MSME, Indian MSME Minister Kalraj Mishra has stressed on the importance of global SME partnerships for the growth of Indian SMEs as well as for the success of the Prime Minister’s visionary Make in India initiative. He was addressing the CII Global SME Business Summit today in Delhi.The CII is an association of Indian businesses which works to create an environment conducive to the growth of industry in the country. The importance of SMEs has been stressed and reiterated at various fora. The Minister exclaimed that a platform like the summit is important to bring stakeholders forming various parts of the SME ecosystem in India and abroad together. He added that the dynamic global business environment has exposed Indian MSMEs to a plethora of opportunities as well as challenges. He further stated that the Ministry of MSME is committed to bringing in structural reforms to help India SMEs leverage the opportunities and evolve into globally competitive and robust powerhouses of the Indian economy.

Indian mobile phone makers taking the fight to TV market
Source: Livemint; December 7, 2015

http://www.livemint.com/Companies/C9SE2VVflkHuNmUaVFoDoN/Indian-mobile-phone-makers-taking-the-fight-to-TV-market.html

Over the past few months, Gurgaon-based Micromax Informatics Ltd, largest Indian mobile phone maker, has sold 70,000-80,000 units of LED televisions a month. This is about 7% to 8% of the total LCD and LED televisions sold in India every month.

In October 2015, Intex Technologies (India) Ltd, another local mobile handset maker, sold 45,000 LED TVs. That is 4.5% of the market.

Two years ago, Micromax did not have a television business. Now, TV sets account for about 7-8% of its revenue.

In notching up such sales, both Micromax and Intex have followed a strategy undertaken by established television makers, such as the Korean firms Samsung Electronics Co. Ltd and LG Electronics Inc. and Japanese companies Sony Corp. and Panasonic Corp. in India. But they have reversed the strategy.

Future of Electronics & Defence Manufacturing in India
Source: Siliconindia.com; December 8, 2015

http://www.siliconindia.com/magazine-articles-in/Future_of_Electronics
__Defence_Manufacturing_in_India-JPDU3481568.html

India has the right elements to build an excellent manufacturing eco-system and 'Make in India' initiative will act as a catalyst to change the face of our nation being a manufacturing economy. India has all the potential to emerge as the next Manufacturing hub in the world. Govt's 'Make in India' initiative is projected to make India a preferred manufacturing destination encompassing 25 sectors that includes ESDM, automobiles, chemicals, IT, aviation,design manufacturing, renewable energy, and several other sectors that rely heavily on electronics, expanding the opportunities to create employment, purchasing power, spending and supply. We believe the success of the MAKE IN INDIA program will create an "Orbit Changing Atmosphere" which will be conducive for major breakthroughs in design-led manufacturing. The government has been pushing for investments from all over globe and we've been getting positive responses from market leaders across industry segments.

The Indian Government, through the Department of Electronics and Information Technology (DeitY), has instituted a number of forward-looking policies to foster the growth of the Indian electronics ecosystem. Such policies are aimed at the holistic development of the ESDM industry by offering specific incentives for the development of each element in the value chain.

IoTNEXT 2015 to Usher the Next Era of IT Innovation
Source: IT Voice; December 8, 2015

http://www.itvoice.in/index.php/it-voice-news/iotnext-2015-to-usher-the-next-era-of-it-innovation

The 2-day global IoT Summit, commencing from tomorrow, to focus on ‘Innovating Digital Economy with IoT Solutions & Services’
With participation from leading Global MNCs, IT Services companies, Startups, Industry bodies and Thinktanks.

India Electronics and Semiconductor Association (IESA), the premier trade body representing the Indian IOTWinnerElectronics System Design and Manufacturing (ESDM) industry, with, The Indus Entrepreneurs (TiE, Bangalore Chapter), are into a mission to foster entrepreneurship globally & will be hosting the first edition of IoTNEXT – a platform to Learn, Explore and Network on ushering the next era of Internet of Things (IoT) innovation on Dec 9&10, 2015 at Shangri – La, Bangalore.

This year, with the theme “Innovating Digital Economy with IoT Solutions & Services”, the platform will attempt to address the convergence of multi-disciplinary facets of the technology ecosystem with IoT- hardware, IT, Big Data, Cloud and Connectivity, hence enabling a more agile, efficient and cost effective solutions and services with industry collaborations and partnerships.

India No. 1 choice for global tech R&D
Source: Times of India; December 8, 2015

http://timesofindia.indiatimes.com/tech/tech-news/India-No-1-choice-for-global-tech-RD/articleshow/50100323.cms

India remains the No. 1 location for MNCs to establish product engineering and R&D centres outside their home countries, and the growth of these centres in India is outpacing the average global growth.

India accounted for $12.3 billion, or 40%, of the total of $31 billion of globalized engineering and R&D in 2015, according to a study by consulting firm Zinnov. Compared to 2014, the revenues of the captives in India grew by 8.3%, as against the growth of 7.6% for all captives. China follows India with revenues of $9.7 billion.

India accounted for $7.8 billion, or 21.6%, of the total outsourced engineering and R&D services of $36 billion in 2015. Compared to 2014, it grew at 12.7%, as against the global growth of 8.7%.

"Five years ago, the growth was coming primarily from captives. Now, the captives have matured, and it is the third-party service providers who are growing faster," Sidhant Rastogi, partner in Zinnov, said. While captives do more of the work they consider proprietary and those that involve new technologies, they outsource a lot of the rest of the work.

Independent software vendors and telecom outsourcers dominated the outsourced pie. But the fastest growth came in the automotive, software and medical segments, the first thanks to the trend towards connected cars and change in labour laws in Germany.

ESDM sector major cocus focus for Karnataka govt: Siddaramaih
Source: United News of India; December 8, 2015

http://www.uniindia.com/esdm-sector-major-cocus-focus-for-karnataka-govt-siddu/business-economy/news/299830.html

With the city emerging as the most preferred IT services and product development centre after Silicon Valley in the US, the Karnataka government will now focus on supporting Electronic System Design and Manufacturing (ESDM) sector outside the metropolis and has lined up huge benefits for this industry.

Chief Minister Siddaramaih, inaugurating the Bangalore IT.

Biz the premier annual ITE event in Asia said the government had decided to invite global companies to set up ESDM facilities in tier two cities like Mysore, Kolar, Tumakuru besides Bengaluru to set up the design centres for electronics products and ensure provide all facilities.

IoT is India’s NEXT Big Tech Dream
Source: IoT is India’s NEXT Big Tech Dream; December 9, 2015

http://www.thedatadriver.com/2015/12/iot-is-indias-next-big-tech-dream.html

India Electronics and Semiconductor Association (IESA) with The Indus Entreprenuers (TiE) Bangalore, commenced the first edition of IoTNext 2015 in Bangalore. This year, with the theme “Innovating Digital Economy with IoT Solutions & Services”, the platform has attempted to address the convergence of multi-disciplinary facets of the technology ecosystem with IoT- hardware, IT, Big Data, Cloud and Connectivity, enabling an agile, efficient and cost effective solutions and services with industry collaborations and partnerships.

The theme address delivered by Vikram Kirloskar, Vice Chairman, Toyota Kirloskar Motor Ltd stressed on the increasing adoption of IoT in the automotive space. He has indicated that the automotive electronics production is expected to grow at a strong average annual rate of 7.0% worldwide, and it will reach ‎€ 179 billion by 2017. “We already live in a networked society dominated by connectivity and mobility and we are currently entering the era of the digital car. By the end of the decade, the connected car will go one step further into smart communication solutions with car-to-infrastructure and car-to-car communication as part of traffic management and crash avoidance,” added Mr. Kirsloskar.

IoTNext 2015: Industry Stalwarts Discuss the Future of IoT in India
Source: PCQuest; December 9, 2015

http://www.pcquest.com/iot-next-2015-industry-stalwarts-discuss-the-future-of-iot-in-india/

India Electronics and Semiconductor Association (IESA), representing the Indian Electronics System Design and Manufacturing (ESDM) with The Indus Entreprenuers (TiE) Bangalore, commenced the first edition of IoTNext 2015 in Bangalore. This year, with the theme “Innovating Digital Economy with IoT Solutions & Services”, the platform has attempted to address the convergence of multi-disciplinary facets of the technology ecosystemwith IoT- hardware, IT, Big Data, Cloud and Connectivity, enabling an agile, efficient and cost effective solutions and services with industry collaborations and partnerships.

The theme address delivered by Vikram Kirloskar, Vice Chairman, Toyota Kirloskar Motor Ltd stressed on the increasing adoption of IoT in the automotive space. He has indicated that the automotive electronics production is expected to grow at a strong average annual rate of 7.0% worldwide, and it will reach ‎€ 179 billion by 2017. “We already live in a networked society dominated by connectivity and mobility and we are currently entering the era of the digital car. By the end of the decade, the connected car will go one step further into smart communication solutions with car-to-infrastructure and car-to-car communication as part of traffic management and crash avoidance,” added Mr. Kirsloskar.

Electropreneur Park to expand nationally: IESA
Source: Business Standard; December 9, 2015

http://www.business-standard.com/article/technology/electropreneur-park-to-expand-nationally-iesa-115120900654_1.html

The department of eletronics and information technology (DeitY) in association with the Indian electronics and semiconductor association and STPI is planning to expand its 'Electropreneur Park' program to help more startups in the electronics and semiconductor space reach some maturity.

The first electropreneur park which was setup at the Delhi University with an investment of Rs 21 crore is currently incubating 10 startups that were selected from 168 entries.

Through the setting up of more such facilities, they hope hardware and IoT startups which often fall under the radar of venture capitalists are able to raise more funds.

IoT To Be The Next Big Space For Digital Innovation In India
Source: BW Businessworld; December 9, 2015

http://www.businessworld.in/article/IoT-To-Be-The-Next-Big-Space-For-Digital-Innovation-In-India/09-12-2015-89192/

Addressing the increasing convergence of multi-disciplinary facets of the technology ecosystem with IoT(Internet of Things), the India Electronics and Semiconductor Association (IESA) kicked off the first edition of ‘IoTNext 2015’ in Bengaluru on Wednesday (9 December).

With the theme, “Innovating Digital Economy with IoT Solutions & Services”, the platform looked at enabling an agile, efficient and cost effective solutions and services with industry collaborations and partnerships.

Speaking at the event, Vikram Kirloskar, Vice Chairman of Toyota Kirloskar Motor Ltd, stressed on the increasing adoption of IoT in the automotive space. He indicated that the automotive electronics production is expected to grow at a strong average annual rate of 7 per cent worldwide and will reach €179 billion by 2017.

IoT startups catch investors' eye
Source: Times of India; December 10, 2015

http://epaperbeta.timesofindia.com/Article.aspx?eid=31806&articlexml=IoT-startups-catch-investors-eye-10122015013061

Four out of the 16 internet-of-things (IoT) startups mentored over the past few months by India Electronics and Semiconductor Association (IESA) and The Indus Entreprenuers (TiE), Bangalore, have received funding. The organizations said it was a promising start for IoT startups, ventures that create solutions that allow devices to talk to each other.

Bengaluru-based SenseGiz has raised $600,000 from Japanese investor New Indigo Ventures and Karnataka Semiconductor Venture Capital Fund (Karsemven). SenseGiz's flagship product Find is a track-and-find Bluetooth tag that can be used to prevent losing keys, bags and laptops.

Cardiac Design Lab, an ambulatory cardiac monitoring and diagnosing system, and Xenon Automotive, a startup that drives a better experience for car owners, have also each raised up to a $1 mil lion, sources said. E-wallet provider Paytm recently invested $10 million in logistics data analytics firm LogiNext Solutions.

M N Vidyashankar, president of IESA, said, “Our IoT Next initiative has offered the technology industry a platform to display the nation's proven capabilities in IoT.“

DeitY to expand incubator programme
Source: Business Standard; December 10, 2015

http://www.business-standard.com/article/companies/deity-to-expand-incubator-programme-115121000040_1.html

The Department of Electronics and Information Technology (DeitY), in association with India Electronics & Semiconductor Association and Software Technology Parks of India, is planning to expand its 'electropreneur park' programme to help electronics and semiconductor start-ups.

The first electropreneur park, set up at the Delhi University with an investment of Rs 21 crore, is currently incubating 10 start-ups that were selected from 168 entries. Through the setting up of more such facilities, they hope hardware and internet of things start-ups, which often fall under the radar of venture capitalists, are able to raise more funds.

"There are tremendous problems and we're getting four incubators added, two of which will be in Bengaluru. The larger challenge is to help them bring their ideas into shape and discover customers; it's too early to worry about exits," said Arvind Tiwari, chairman of IoT Forum, TiE.

Havells India to sell 80 per cent stake in Sylvania
Source: Economic Times‎; December 10, 2015

http://economictimes.indiatimes.com/industry/cons-products/electronics/
havells-india-to-sell-80-per-cent-stake-in-sylvania/articleshow/50118129.cms

Havells India, a maker of lighting and electrical products, has decided to sell 80% stake in European lighting systems and fixtures company Sylvania, which it acquired in 2007 and became a global player, the company said in a statement.

Havells had entered into definitive agreement with Shanghai Feilo Acoustics Co Ltd to divest 80% stake in Havells Sylvania Malta BV, the holding company for Sylvania. Feilo is one of the leading listed companies with key shareholding held by Inesa Limited, a State Owned Enterprise (SoE) of Shanghai Government. Havells Holding Limited, Isle of Man would continue to hold remaining with exit options in next 3-5 years.

Further, Havells India Limited proposes to divest 80% stake in its wholly owned subsidiary, Havells Exim Limited, Hongkong. The combined equity value for 100% stake for both companies is 186 million euro (about Rs 1340 crore), subject to adjustments, if any. Havells cumulative investment value stands at Rs Rs 980 crore.

Startup showcase at IoT Next 2015
Source: YourStory.com; December 10, 2015

http://yourstory.com/2015/12/photo-sparks-startup-iot-india/

PhotoSparks is a weekly feature from YourStory, with photographs that celebrate the spirit of creativity and innovation. In this photo essay, we cover the startup expo at the inaugural IoT Next 2015 conference in Bangalore!

India Electronics and Semiconductor Association (IESA) and TiE Bangalore have teamed up with the Dept. of IT to launch the IoT Next series of conferences, to grow the IoT (Internet of Things) ecosystem in India. India’s IoT Forum has hosted 18 events so far and mentored 26 startups, and IESA has also set up an Electropreneur Park in Delhi to promote electronics startups in domains like IoT.

The speaker lineup at IoT Next included corporate heavyweights GE, Bosch, Cisco, Analog Devices, IBM, Siemens and Accenture – as well as successful startups like EcoZen, Logistimo and Savari Networks. “India can become the IoT capital of the world,” said Mariasundaram Antony, General Manager, GE Power India Engineering. The IoT spectrum spans smart building and smart cities, as well as sectors like agriculture, transportation, manufacturing and healthcare.

Industry 4.0 brings together German engineering and Indian IT, according to Juergen Moessinger, Vice President, Bosch. For example, manufacturer TexMo has improved its development of agricultural pumps in India thanks to IoT.

Compiled by IESA Research

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