‘MAKE IN INDIA’ Not
Optional If You Want To Succeed
Source: Business World; January 24, 2015
In February 2014, the then Finance Minister P. Chidambaram referred to
manufacturing as the Achilles heel of the Indian economy. The reason
for this is that India’s manufacturing sector has been fairly stagnant
for over three decades. Policy paralysis, crumbling infrastructure,
uncertain power & water supply and rising inflation have contributed
in large measure to the slow growth that the sector has seen in the
recent past. The first steps towards liberalisation in the nineties
envisaged the making of a global manufacturing superpower on the lines
of what many Asian countries have become today but unfortunately for
India it did not really pan out. Global real estate firm Cushman &
Wakefield in its Manufacturing Index 2014 has ranked India at number
24 while Malaysia has been ranked number 1. The other countries
featuring in the top 5 are Taiwan, Korea, Thailand and China. For
India to become a significant player globally, concrete steps need to
be taken to provide a fillip to its manufacturing sector.
IT Park Construction
To Begin From March
Source: The Times of India; January 25, 2015
Nearly six months after the inaugural ground breaking ceremony of the
Lucknow IT Park at Chak Ganjariya farms, construction on the project
will begin in first week of March. According to the detailed project
report of the project cleared by UP's department of IT and
electronics, developers HCL have been advised to begin construction by
March 3. Principal secretary, department of IT and electronics, Jivesh
Nandan, said, "The IT Park DPR has been approved. In the next step,
the building plan has to be approved by the Lucknow Development
Authority. This is likely to be completed by January 31, at the LDA
Board meeting. Once HCL is granted co-promoter status along with UP
government and UP Electronics Corporation, the developers will be able
to start construction."
IT Sector Investment
Package for State Soon
Source: Dailypioneer; January 26, 2015
With a major investment coming from California-based Plugg
Corporation, presently called m2i international, in the electronic
system design and manufacturing (ESDM) sector in Odisha, the State
Government is giving final touches to the package of fiscal incentives
to be offered to major investors. Chief Secretary GC Pati held
discussions in this regard with senior State officials at a high-level
meeting here recently. Information Technology (DoIT) Principal
Secretary G Srinivas presented the details on the proposed investment
proposals offered by m2i international, which is interested to invest
300 million dollars (Rs1,841 crore).Considering the enormity of
investment and huge employment opportunity it is likely to generate,
the Chief Secretary asked officials to take up the matter on priority.
This investment is likely to generate 1,20,000 jobs out of which
20,000 would be direct and 1,00,000 indirect ones,said DoIT sources.
Samsung, Spice, IESA
to set up plants in Uttar Pradesh
Source: Hindu Business
Line; January 27, 2015
Uttar Pradesh appears to be gaining traction as the next big
investment destination for technology companies.
On Tuesday, three entities announced growth plans in the State —
Samsung, Spice Group and the India Electronics & Semiconductor
Samsung India announced plans to expand their manufacturing plant in
Noida with investments of ₹517 crore under the UP Mega Policy.
The company said the new Samsung Z1, which runs on the Tizen OS, will
be manufactured at this plant. Samsung added that most of the phone’s
software will be developed at the Noida Research Centre.
IESA, UP Govt. Sign
MoU to Promote ESDM Start-Ups in the State
Source: Ciol; January 27, 2015
IESA (India Electronics & Semiconductor Association) signed a
Memorandum of Understanding (MoU) with the Government of Uttar Pradesh
for promoting ESDM industry ecosystem in the state.
IESA will assist the Uttar Pradesh Government in:
Fostering the Start-up Ecosystem and Indigenous Product Development:
Setting up ESDM Incubation Centres in the state at mutually identified
Development of Strategic Roadmap: Development of Strategic Roadmap for
ESDM Industry in the state.
Cluster Development: Preparation of Detailed Project Reports for the
Brownfield/Greenfield EMC at identified locations.
Investment Promotion: Setting up International Desks for the state in
mutually identified foreign locations.
Talent / Skill Development
The State Government will provide the requisite support to IESA and
obtain necessary permission, registrations, approvals, and clearances
etc. as per the existing facilities, rules and regulations of the
state. The State Government will also help to avail incentives under
various schemes announced by State and Central Government, wherever
TIECON Hubli: Event a
Platform for Success Stories Of Eminent Biz Leaders
Source: The Hindu Business
line; January 27, 2015
TiECON Hubli organised by TiE (The Indus Entrepreneur) Hubli Chapter
on February 6 will see industry greats - G M Rao of GMR Group, N R
Narayana Murthy (Infosys) and Gururaj Deshpande (serial entrepreneur
and founder of DCSE) share their experiences and view on leadership
skills and styles in entrepreneurial ventures. “The event is an
excellent platform for tier III city like Hubballi to showcase its
strengths. TiEHubli Chapter intends showcase its efforts in continuing
to foster entrepreneurial spirits among youth of this region and
provide an opportunity for new crop of entrepreneurs to listen to
eminent personalities who have made waves in the field of
entrepreneurship development and corporate leadership,” Dr Prasad B
Roodagi, Charter Member TiE Hubli told Business Line.
TiECON-2015 said the other session part of the conference are - it’s
not the how or the what, but the who: Tanvi Bhatt, authority on
Personal Branding in India will interact with audience, She is known
for being a thought leader in the foray of Personal Branding in India.
Re-Imagining manufacturing in India: Eshwar Vikas, Co-founder, Mukunda
Foods will present their views entrepreneur explains how automation
can make a difference in way we consume food. Internet of Things:
Transforming Business and Life –Venkatesh was a country manager,
Windriver MNC and he is presently holds post of Vice President Indian
electronic and semiconductor Association (IESA) will deliver the talk
Spotlight on ‘Make in
India’ At the 10th IESA Vision Summit 2015
Source: The Hindu Business
line; January 28, 2015
The 10th edition of IESA Vision Summit 2015, to be held in Bengaluru
on February 2 and 3, will see the presence of Chief Ministers of
Andhra Pradesh, Karnataka and Chhattisgarh.
This year’s theme, ‘Make in India – Vision to Reality,’ focuses on
steering India towards global leadership in electronics manufacturing
and the theme address will be delivered by K Radhakrishnan, former
chairman of ISRO, on the opening day.
“The country’s contribution to global electronics manufacturing is
just around 1.3 per cent at present.
“The thrust of this year’s summit will be on implementation and
ironing out all the issues that start-ups and manufacturers in ESDM
face and five sessions have been dedicated to this,” M N Vidyashankar,
President IESA, told BusinessLine.
Is India Ready For
Make In India? Here Are The Recommendations And Investment Plans!
Source: EFY Times; January
To truly enable domestic manufacturing, the government needs to first
ensure ease of doing business in India, in both letter and spirit.
Disability factors like the slow pace of policy reforms,
non-disbursements of incentives, lack of local sourcing, lack of
encouragement to entrepreneurs and non-availability of the latest
technology need to be addressed domestic manufacturing, Make in India,
electronics, Digital Circuits Pvt Ltd, Moser Baer India Ltd,
Electronics Development Fund, MSIPS, Electronics industry, National
Electronics Policy , Sanjay Nayak, start-up companies, Modified
Special Incentive Package Scheme, India Electronics and Semiconductor
Association, domestic manufacturing, Electronics manufacturing in
India has long been neglected due to multiple reasons including scale
impediments, inadequate infrastructure, the absence of large scale
manufacturing ecosystems, debilitating tax and duty regimes, etc.
However, with the Make in India initiative, the government has woken
up to these disabilities and is making efforts to offset them,
especially since electronics manufacturing is now seen as a priority
like Spice Take PM Narendra Modi's 'Make in India' Initiative to Heart
Source: The Economic Times;
January 28, 2015
The Narendra Modi government's 'Make In India' initiative has been
buoyed by handset manufacturers like Samsung and the Spice Group
investments in India, which have also created potential for lakhs of
jobs and billion-dollar inflows. Spice is the latest to have announced
its domestic manufacturing plants in the form of a Rs 500 crore unit
in Uttar Pradesh, with support coming from the Akhilesh Yadav
dispensation. Industry leader Samsung had also ramped up its mobile
phone in Noida with an investment of Rs 517 crore on Monday.
India's third largest mobile vendor, Lava, too, will start assembling
devices at its Noida factory from April and is planning to set up
another factory at a cost of Rs 500 crore over three years. The Uttar
Pradesh government on Monday inked multiple memoranda of understanding
with Spice Group, Samsung and industry bodies Indian Cellular
Association and India Electronics & Semiconductor Association.
UP Government Ropes In
Rs 5K Cr Investment for Mobile Manufacturing Units
Source: The Economic Times;
January 28, 2015
The Uttar Pradesh government yesterday secured investment deals valued
at Rs 5,000 crore with companies like Samsung, Spice Mobiles, Lava and
cellular associations for setting up mobile manufacturing units in the
state. "We want to make the state a mobile manufacturing hub," said
Chief Minister Akhilesh Yadav during the inauguration of Samsung's Rs
517-crore expansion plant in Noida. Mobile handsets maker Samsung is
looking to strengthen its presence in the state with its investment.
"The Chief Minister's policy has given us the opportunity to expand
our manufacturing base here," said Hyun Chil Hong, President and CEO
of Samsung India. The company's Noida plant employs 11,000 people and
will be the main manufacturing hub for its new Tizen phone Z1, he
Besides the three mobile companies, the Indian Cellular Association (ICA),
Electronic Industry Association of India (ELCINA) and India
Electronics and Semiconductor Association (IESA), have also committed
investment of Rs 1,000 crore each in in the Electronic Manufacturing
Clusters along Yamuna Expressway and in Greater Noida, said Chief
Secretary Alok Ranjan. Together, these clusters are expected to
generate employment for nearly 50,000 people.
India Has the Best
‘Policy Environment for the Electronics Sector’ Than Any Other Country
Source: Ele Times; January
ELE Times: Key Highlights of IESA through the Year 2014?
M. N. Vidyashankar: It was a milestone year for India’s ESDM sector
with a host of significant developments in the sector. I can proudly
say that now India has the best ‘Policy environment for the
Electronics sector’ than any other country. 2014 witnessed
announcements around setting up of FAB units, Electronic Development
Fund and the birth of ‘Make in India’, an initiative which will
transform the face of Indian manufacturing landscape. It was a year of
turning the hopes and desires into action. The electronics industry
has received investment proposals of about INR 75,000 crore within a
year of government putting in place the National Policy on
Electronics, out of which, INR 60,000 crores were for semiconductor
No revolution can happen overnight but the foundation set in 2014 will
change the face of India’s electronics manufacturing landscape in the
days to come.
IBM Likely To Lay Off
5K Employees in India
Source: The Times of India;
January 28, 2015
IBM is expected to lay off a few thousand people in India in the
coming months as the company moves towards newer technologies such as
cloud computing and mobile and as it seeks to deal with dropping
revenues and growing margin pressures.
Multiple sources put the likely figure in India at about 5,000
employees, though they also said many of these could be replaced by
contract staff. This will help margins, and facilitate just-in-time
hiring in the current volatile market.
IBM did not respond to questions about this from TOI till late Tuesday
On Monday, Forbes carried an article by Silicon Valley technology
columnist Robert Cringely who said that IBM was planning a
transformation project ¬ code named Project Chrome -that would reduce
its global workforce by 26% or 1.12 lakh employees. IBM responded in
an email to news agency Reuters that the company had “just taken a
$600 million charge for workforce rebalancing“and this equated to job
cuts of “several thousand employees, a small fraction of what’s been
reported (by Forbes).” Most analysts have also dismissed the
possibility of a layoff on the scale reported by Cringely.
Chandrababu Naidu Vs Siddu: New Race Begins
Source: The Asian Age; January 29, 2015
Three years ago, a study estimated that electronics would become the
biggest item on India’s import bill, growing to $400 billion and
overtaking oil imports, by 2020.
Now, the Indian Electronics and Semiconductor Association, the
industry lobby body that has been championing a ‘Make in India’
campaign for the sector for years, says that milestone, dubious as it
were, could be reached by 2017-18 itself, given the rapidly growing
demand for electronics and falling oil prices.
“This state of affairs is unsustainable”, says M.N. Vidyashankar, the
former IT secretary of Karnataka who is now president of the IESA. The
governments, both central and state, have realised this, he says.
That’s why when IESA announced the 10th edition of its annual Vision
Summit, slated for February 2-3, several state governments announced
high-level delegations to the event.
The Vision Summit this year is themed ‘Make in India’, focusing
especially on the emerging IoT paradigm and Smart Cities. “IoT is the
biggest game-changer, and we can be global leaders because there are
no first movers, nor entry barriers, in this space”, Mr Vidyashankar
Electronics Mfg. now under Chhattisgarh IT/ITES Policy
Source: Dailypioneer; January 29, 2015
The Chhattisgarh Government has now included Electronics Manufacturing
under its IT/ITeS Policy. This has been done as per the vision of the
PM on ‘Make in India’ initiative for which the State Government has
envisioned ‘Make in Chhattisgarh’ campaign. Currently, the State has a
suitable eco system for Electronics/IT/ITeS Industry with key
parameters of physical and social infrastructure, air and telecom
connectivity, responsive electronic, IT/ITeS policy and CHiPS as
single point of contact.
The revised industrial policy has already been approved in the last
Cabinet meeting. The Cabinet decision to approve the new Electronics,
IT/ITeS Policy would keep the focus on Electronics, IT/ITeS as income
and employment generator. The policy focus is on IT Developers, IT
Development units, Electronic Manufacturing Unit, Data Centre, etc.
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