IESA WINWire Jan 10 - Jan 16, 2015
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Crompton Greaves in Pact with French Firm Arelis to Manufacture Electronic Goods
Source: VCcircle; January 12, 2015

http://www.vccircle.com/news/engineering/2015/01/12/crompton-greaves-pact-french-firm-arelis-manufacture-electronic-goods

Crompton Greaves Ltd (CG), a part of Gautam Thapar-promoted Avantha Group, has inked a memorandum of understanding (MoU) with France-based Arelis to manufacture and supply electronic products, as per a stock market disclosure.

The terms of the arrangement and whether it is a formal joint venture was not made public.

This pact will help CG manufacture the components and sub-assemblies for Indian and global markets. Jointly, both the firms agreed to explore manufacturing and supply of microelectronics for high mix-mid volume markets for aerospace and defence, energies, utilities and telecommunication sectors.

E-Commerce to Rise amid Increasing Investments: RS Prasad
Source: moneycontrol; January 12, 2015

http://www.moneycontrol.com/news/business/e-commerce-to-rise-amid-increasing-investments-rs-prasad_1272461.html?utm_source=ref_article

Telecom minister Ravi Shankar Prasad on Monday said that e-commerce investment in India has been rising and will stay in India. “Our position on retail FDI is well known, that is part of our national manifesto, and even the investors know it very well, we have come with a massive majority,” he said adding, “However, e-commerce investment has not gone down. On the contrary it is rising, because of over 1 billion customers, let me tell you e-commerce in India is going to stay, it is promising very well, and I am personally monitoring it.” Commenting on the 3-G spectrum auction he said it will take place once there is clarity on the defence ministry vacating the 2,100 megahertz band. He said: “The defence band is to be identified, which we have resolved to identify in 45 days, thereafter swapping needs to take place between the telecom band and the defence band.

Ahead Of Barack Obama's Visit, Big Sales Pitch Awaits US for Make in India
Source: The Economic Times; January 12, 2015

http://articles.economictimes.indiatimes.com/2015-01-12/news/
57983353_1_totalisation-pact-india-show-bilateral-trade-and-investment

Ahead of President Barack Obama's visit, the government is readying a big sales pitch in the US for its Make in India initiative and simultaneously holding parleys with officials in Washington to unveil some big announcements during the trip later this month.

Department of industrial policy and promotion ( DIPP) secretary Amitabh Kant will head the team travelling to the US for an outreach on Make in India in Washington to drive investments in smart cities, industrial corridors and defence manufacturing. In New Delhi, a series of official-level talks, including video-conferences on intellectual property rights and investment in manufacturing are planned to show progress on key issues." The fact that the US is holding talks signals improving ties, which will provide a big boost to the Prime Minister's economic vision. A series of meetings is planned to fast track discussions on various issues, including intellectual property rights, investment in manufacturing, totalisation pact, market access for agri products, easier visa regime etc.," a government official said.

Govt to Courts: Help ‘Make In India’ Drive
Source: The Times of India; January 13, 2015

http://timesofindia.indiatimes.com/india/Govt-to-courts-Help-Make-in-India-drive/articleshow/45864030.cms

The responsibility to ensure success of Narendra Modi's 'Make in India' campaign is not restricted to ministers and bureaucrats. The law minister has written to chief justices of all 24 high courts recently to ensure speedier settlement of commercial and other disputes for creating a conducive investment climate. "The government has undertaken several initiatives in the recent past to improve the investment climate in the country for the success of 'Make in India' campaign launched by the Prime Minister...judiciary can play an important role in this regard," says a letter written by law minister D V Sadananda Gowda to CJs.

Gowda has expressed concern at the number of adjournments granted by courts delaying conclusion of trials, and has suggested imposing of costs for unwarranted adjournments. He has requested the CJs to circulate the note attached with his letter among judges of district and subordinate courts.

Government of India Commissions India’s First Hi-Speed Rural Broadband Network (NOFN) in Idukki, Kerala
Source: Newssuperfast; January 13, 2015

http://newssuperfast.com/2015/01/12/government-of-india-commissions-indias-first-hi-speed-rural-broadband-network-nofn-in-idukki-kerala/

Hon’ble Minister for Communications & IT, Shri Ravi Shankar Prasad, commissioned India’s first Hi-Speed Rural Broadband Network (NOFN) in Idukki District, Kerala, under the Digital India Programme at an inaugural function held in Thiruvananthapuram today.

Speaking on this momentous occasion, Hon’ble Minister for Communications & IT, Shri Ravi Shankar Prasad, said, “India today witnesses a new era of digital empowerment. The new government has firmly set its focus on the all round development and inclusive growth of the country. NOFN Project is a giant leap in order to bridge the digital divide in India by linking all Gram Panchayats through the common platform of Optical Fibre Cable. I extend my complete support to this project and I am proud to be a part of this new digital journey in India’s history”.

ISRO x-Chairman Dr. Radhakrishnan to speak at IESA Vision Summit 2015
Source: Electronics Engineering Herald; January 13, 2015

http://www.eeherald.com/section/news/onws20150113001.html

The annual India semiconductor industry event "IESA Vision Summit 2015" conducted by India Electronics and Semiconductor Association (IESA) is scheduled on 2nd and 3rd February at The Leela Palace, Bengaluru (Bangalore). The theme for the event is ‘Make in India - Vision to Reality’.

The super successful Dr. K. Radhakrishnan, former Chairman, ISRO to speak on the theme address at the conference. Siddaramaiah, Chief Minister, Govt. of Karnataka, and Chandrababu Naidu, Chief Minister, Govt. of Andhra Pradesh are other top guests at year's event.

Maximising the Make-In-India Gains
Source: The Financial Express; January 13, 2015

http://www.financialexpress.com/article/fe-columnist/maximising-the-make-in-india-gains/29200/

The recently-concluded deliberations on the Prime Minister’s ‘Make in India’ campaign provide an opportunity for delineating a forward-looking approach in respect of manufacturing activity, income, employment and environment in the coming years. The decisions that the government takes and implements in these areas are of far-reaching consequence, and will impact the trajectory of progress, as the economy moves from the status of ‘developing’ to that of ‘developed’.

An action plan has been prepared, and the ROAD to success consisting of Responsibility, Ownership, Accountability and Discipline defined.

IESA Vision Summit 2015; ‘Make in India – Vision to Reality’
Source: Technuter.com; January 14, 2015

http://www.technuter.com/breaking-news/iesa-vision-summit-2015-make-in-india-vision-to-reality.html

India Electronics and Semiconductor Association (IESA), the premier body for the ESDM industry in the country, announced their 10th consecutive annual flagship event, IESA Vision Summit scheduled on February 2nd & 3rd at The Leela Palace, Bangalore. As the country strives to strengthen its domestic manufacturing footprint, IESA Vision Summit 2015 under the theme ‘Make in India – Vision to Reality’ will focus on the domestic design and manufacturing agenda from the ESDM sector perspective. The event is supported by Dept. of Electronics and IT (DeitY) and Department of Telecommunication (DoT), Govt. of India.

The two-day event will be Presided over by Shri Siddaramaiah, Hon’ble Chief Minister, Govt. of Karnataka, with Shri Chandrababu Naidu, Hon’ble Chief Minister, Govt. of Andhra Pradesh, Mr. Gustavo de Arístegui, H.E. Ambassador of Spain to India, Shri. R.S. Sharma IAS, Secretary of Dept. of Electronics and IT (DeitY) as Chief Guests and Director General of the Software Technology Parks of India (STPI) Dr. Omkar Rai as Guest of Honor.

IESA VISION SUMMIT 2015; ‘MAKE IN INDIA – VISION TO REALITY’
Source: Eletimes; January 14, 2015

http://www.eletimes.com/news/iesa-vision-summit-2015-make-in-india-vision-to-reality/

Hon’ble Chief Ministers of Karnataka and Andhra Pradesh, Shri Siddaramaiah and Shri Chandrababu Naidu to grace the occasion Ashok Chandak, Chairman, India Electronics & Semiconductor Association and Sr. Director, NXP Semiconductors said, “The country is undergoing a path breaking shift in its approach towards manufacturing and moving to a new orbit, thanks to the favorable policy environment created by the Union Government and several state governments’ commitments. Building on IESA’s vision of ‘Innovation Led Design, Design Led Manufacturing’; the 10th edition will focus on the strategies which will enable us to realize the ‘Make in India’ vision a reality for ESDM sector, SPEED UP policy implementation and garner large scale investments to contribute to economic development of India.” “The event will see participation of over 40 speakers, 700+ industry and academia participants, government leaders and prominent international business delegations”, he added.

M.N. Vidyashankar, President, IESA said, “There are plenty of opportunities for private players to leverage and Vision Summit will be the platform to network, discuss and debate on putting India on top of the world of electronics design and manufacturing, redefine the agenda and outline the future course of action. We are introducing a speed dating session between VCs and start-ups and hosting a special investment promotion zone. Emerging Opportunities in Smart Cities, enabling Start Up ecosystem and scope & challenges of setting up of Fab’s would also be points of curiosity.”

Foreign firms eye broadband business via cable: Prasad
Source: Webindia123.com; January 14, 2015

http://news.webindia123.com/news/Articles/Business/20150114/2526069.html

Communications and IT Minister Ravi Shankar Prasad Wednesday said foreign firms are showing interest in providing technology for broadband through cable television network in the country.

A cable TV firm operating in Aligarh, Vrindavan, Mathura is delivering broadband service through cable TV network with its foreign partner. A lot of foreign players are now attracted towards this, he said.

Prasad was speaking at an event organised by Internet and Mobile Association of India (IAMAI) here.

Corporate fraud reports a 45% increase in India: ASSOCHAM-Grant Thorton
Source: Indiainfoline; January 14, 2015

http://www.indiainfoline.com/article/news-top-story/corporate-fraud-reports-a-45-increase-in-india-assocham-grant-thorton-115011500003_1.html

Indian corporate frauds arising out of corruption, money laundering, tax evasion, window dressing, financial reporting fraud and bribery have increased by over 45% in the last two years due to weakness in internal controls, scarcity of resources at disposal and over-riding powers of the senior management, according to an ASSOCHAM-Grant Thorton study. The joint survey by ASSOCHAM and Grant Thornton revealed that the companies related to real estate and infrastructure sector (52%) are considered to be the most vulnerable to fraud related incidences followed by financial services (34%), telecom (5%), manufacturing (3%), electronics and IT/ ITeS (2%), Hospitality and tourism (2%).

Ktaka MSMEs to capture 20 pc of $400 bn in electronics mfg
Source: Money Control.com; January 15, 2015

http://www.moneycontrol.com/news/features/ktaka-msmes-to-capture-20-pc36400-bnelectronics-mfg_1275171.html

Bangalore's Electronics City MSME cluster receives Rs 120 million from Central and State governments to design and develop electronic products Monitoring the growing annual demand across India from the current USD 71 billion to USD 400 billion by 2020 in the Electronics Systems Design and Manufacturing (ESDM) sector, a cluster formed by Micro, Small & Medium Enterprises (MSME) from Electronics City, Bangalore is aiming to cater to at least USD 80 billion of this domestic demand over the next six years.

Changes in IT 2010 Rules Gets Approval
Source: The New Indian Express; January 15, 2015

http://www.newindianexpress.com/states/kerala/Changes-in-IT-2010-Rules-Gets-Approval/2015/01/15/article2620644.ece

The Cabinet on Wednesday approved amendments to the Kerala IT 2010 (Distribution of Electronic Services) rules thereby enabling the public to get all possible government services electronically under the e-district initiative.

As per the sanction accorded to the draft amendment for bringing in changes, various government services including the minority certificate from the Revenue Department, Right to Information Applications in all departments, application to submit public grievances in all departments and other e-services offered by the government from time to time will be distributed electronically through e-district programme.

Gartner Says Worldwide Semiconductor Sales Expected To Reach $358 Billion In 2015, A 5.4 Per Cent Increase From 2014
Source: EFYTimes.com; January 16, 2015

http://www.efytimes.com/e1/fullnews.asp?edid=157598

Worldwide semiconductor revenue is forecast to reach $358 billion in 2015, a 5.4 percent increase from 2014, but down from the previous quarter's forecast of 5.8 percent growth, according to Gartner, Inc. The market is being driven by strong growth in application-specific standard products (ASSPs) in smartphones, along with DRAM and NAND flash in ultramobiles and solid-state drives (SSDs).

Compiled by IESA Research

research@iesaonline.org

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