IESA WINWire Mar 28 - Apr 03, 2015
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Indian Govt to invest $10 bn for Semiconductor Fab
Source: TeleAnalysis; March 28, 2015

http://www.teleanalysis.com/news/indian-govt-to-invest-10-bn-for-semiconductor-fab-in-gujarat-and-up-14236.html

Indian government is planning to invest $10 billion for semiconductor fab facilities coming up in Gujarat and UP, where a consortium of manufacturing firms are setting up production bases.

Addressing the first Indian Electronics Expo organized by Electronics and Computer Software Export Promotion Council (ESC) in New Delhi, RS Sharma, secretary, Department of Electronics and Information Technology (DeitY) revealed that the government would be investing $10 billion in semiconductor fab facilities coming up in Gujarat and UP, where a consortium of manufacturing firms have come up to set up production bases.

Infrastructure for chip manufacturing and designing will be considerably strengthened in India to cater to the growing domestic demand and to cut down the imports in the next few years.

IESA signs MoU with TEEMA
Source: EE Herald; March 29, 2015

http://www.eeherald.com/section/news/onws201503290001ba.html

India Electronics and Semiconductor Association (IESA) signed a Memorandum of Understanding (MoU) with Taiwan Electrical and Electronic Manufacturers’ Association (TEEMA) to promote ESDM industry co-operation and investment promotion to benefit both Indian and Taiwanese companies.

IESA said it will encourage Taiwan-based electronics companies to bring more investments and commitments to the ICT ecosystem in the country and also, partner with Indian companies around technology and knowledge transfer.

IESA had also signed a MoU with Taiwan Computer Association (TCA) in Sept 2014.

To update you another related news: SME Chapter of MAIT has signed a Memorandum of Understanding (MoU) with Busan IT Industry Promotion Agency (BIIPA) last week in Bengaluru. MOU aims to bring together Indian and Korean SMEs to promote local manufacturing by regular exchange of information on technology know-how, software development, talent exchange with a strong focus on Industrial development in both the countries.

Digital India to get a CSR boost
Source: Express Computer; March 29, 2015

http://computer.financialexpress.com/columns/digital-india-to-get-a-csr-boost/11010/

Most of the Indian companies have been undertaking social initiatives proactively, driven by a desire to give back to the society.

With a concerted approach, it is possible to channelise these energies towards sustainable and inclusive growth, notably by making collaborative use of technology for national good by plugging gaps in India’s social development. In sync with this sentiment, over 200 leaders from IT, government and NGOs gathered at Nasscom Foundation’s CSR Leadership Conference 2015 in New Delhi last week, to discuss ways to create social impact through corporate social responsibility (CSR) programmes.

With ‘Catalysing Change through Corporate Social Responsibility’ as the overall theme, the conference was designed to advance the cause of CSR towards sustainable and inclusive growth by bringing together leading industry figures to discuss insights, best practices and leadership experiences. The conference also showcased the efforts of companies leading socially responsible initiatives and provided a platform for industry and other stakeholders to discuss and find effective solutions to meaningfully engage with CSR.

Germany Gets To Know About 'Make in India', Ahead Of PM Modi's Visit
Source: IBNLive; March, 2015

http://ibnlive.in.com/news/germany-gets-to-know-about-make-in-india-ahead-of-pm-modis-visit/536921-2.html

Ahead of Prime Minister Narendra Modi's visit to Germany next month, a 'Make in India' fortnight was held near Frankfurt which included a series of events highlighting initiatives to make India a preferred investment destination. The Indian Consulate in Frankfurt, in close cooperation with the city authorities of Cologne, about 190 kilometres from Frankfurt, organised a grand road show on Friday which was the concluding event of the 'Make in India' fortnight series. The series of events were organised by the Consulate in the lead up to PM Modi's upcoming visit to Germany to inaugurate the Hannover Trade Fair where India will be the partner country. In his address, Consul General Raveesh Kumar emphasised on the importance of this campaign and highlighted the positive developments that are being undertaken by the Indian government to make India a manufacturing hub and a preferred investment destination.

Intel in Talks to Buy Fellow Chipmaker Altera
Source: Firstpost; March 30, 2015

http://www.in.com/news/business/intel-in-talks-to-buy-fellow-chipmaker-altera-53141319-in-1.html

Intel Corp is in talks to buy fellow chipmaker Altera Corp in a deal likely to top $10 billion, according to a source familiar with the matter, making it Intel's biggest purchase ever and the latest merger in the quickly consolidating semiconductor sector.The acquisition of Altera, which makes programmable chips widely used in cellphone towers, the military and other industrial applications, would underscore Intel Chief Executive Officer Brian Krzanich's determination to expand into new markets as the personal computer industry loses steam.Though dominant in the market for chips used in PCs, the world's biggest chipmaker has been slower than its rivals to adjust in recent years to the growing popularity of smartphones.Earlier this month, Intel slashed nearly $1 billion from its first-quarter revenue forecast to $12.8 billion, plus or minus $300 million, as small businesses put off upgrading their personal computers."On the surface, Altera is one of the only semiconductor companies with better gross margins than Intel, and with about two-thirds of its revenue from telecom, wireless, military/aerospace, it definitely fits the bill of diversifying revenue beyond Intel's legacy computer markets," said Cowen & Co analyst Timothy Arcuri, in a note to clients.Intel declined to comment on the report.

'Make in India' initiative: 90 per cent of DMRC trains manufactured in India
Source: The Economic Times; March 30, 2015

http://economictimes.indiatimes.com/industry/transportation/railways/make-in-india-initiative-90-per-cent-of-dmrc-trains-manufactured-in-india/article
show/46741740.cms?utm_source=contentofinterest&utm_medium=
text&utm_campaign=cppst

When it comes to “Make in India", the Delhi Metro is already walking the talk. The Delhi Metro Rail Corporation (DMRC) said 90 per cent of its trains are being manufactured in India. And a case in point is Phase III. Of 846 coaches that have been ordered for this phase, only 120 are from Korea. The rest have been manufactured in the country.

That's not all. These trains, made in India, are being exported abroad too, like to the Queensland and Sydney Metro systems in Australia.

"We have been consistently increasing the number of indigenous trains in the system," said Delhi Metro's director, rolling stock, H S Anand. Of 1,234 coaches in Phase I and II, 36 were from Germany and 64 were from Korea.

The DMRC said over the last 10 years, it has been able to keep the capital cost for procurement of these coaches at a consistent level. "These costs are substantially lower than the cost of Metro coaches world over," said DMRC spokesman, Anuj Dayal. For instance, while the capital cost of a coach is around Rs 8.94 crore in India, the cost in Vancouver is Rs 16.08 crore and in San Francisco is Rs 15.13 crore.

Bosch embraces 'Make in India' with 'Design in India'
Source: Business Standard; March 30, 2015

http://www.business-standard.com/article/companies/bosch-india-embraces-make-in-india-with-design-in-india-115033000782_1.html

In tandem with the Centre’s Make in India campaign, Germany-based automobile components manufacturer Robert Bosch on Monday unveiled a series of products developed at Robert Bosch Engineering and Business Solutions Limited (RBEI) in Bengaluru that look to address various day-to-day challenges using smart applications. The company has focused on Internet of things and mobility, automotive technology, data analytics, road safety and energy while developing the new products. Among the various solutions showcased include an IoT Gateway-Pollution Monitoring Sensing System that can measure the pollution level in an area. It has been developed to function on a smart-city based urban model. As more and more users prefer their vehicles to be connected to their devices, a platform called mySpin developed by Bosch allows users to connect smart phones to infotainment head units in their cars and allow the use of smartphones handsfree. Among the 12 solutions showcased, all have of them have been tested on a pilot basis at Bosch centres in India. According to Vijay Ratnaparkhe, President and Managing Director, Robert Bosch Engineering and Business Solutions, the company is emphasising on ‘design in India to make in India’.

Electronic Park to Spur Job Rush in the State
Source: The New Indian Express; March 30, 2015

http://www.newindianexpress.com/business/news/Electronic-Park-to-Spur-Job-Rush-in-the-State/2015/03/30/article2737539.ece

Even as the initially proposed investment of Rs 750 crore has been downsized to Rs 570 crore, the Electronic Park project at Amballoor in Ernakulam, the first of its kind in the state, would generate around 1,000 direct and 4,000 indirect jobs. It is learnt that the land acquisition for the Electronic Park will begin in two months. And, once the acquisition process is over, the project, which will be implemented in a public-private partnership model, can be completed within eight months. “The joint inspection and survey formalities for the Electronic Park are under way. The land acquisition is likely to start in two months. In the first phase, only the plots that fall under the category of land will be acquired. We have written to the KSIDC, which is the nodal agency for the project, for funds to carry out the process,” Ernakulam District Collector M G Rajamanikyam told Express. After acquisition, the land will be leased out by the government to start companies at Amballoor. The park is being envisaged as an electronic hub to promote the manufacture and assembly of hardware as well as supporting infrastructure. It will also have R and D centres.

Beijing Eyes Stronger Infra Ties with State
Source: The New Indian Express; March 31, 2015

http://www.newindianexpress.com/states/tamil_nadu/Beijing-Eyes-Stronger-Infra-Ties-with-State/2015/03/31/article2739188.ece

Observing that there was enormous potential for co-operation between Tamil Nadu and China, Chief Minister O Panneerselvam on Monday said some of the promising areas for co-operation included electronic hardware, semiconductor, textiles, heavy engineering, automobiles, IT and infrastructure. The Chief Minister made this observation when Le Yucheng, Chinese Ambassador to India called on him at the Secretariat. Paneerselvam said Chinese vendors had contributed to the successful implementation of some of the flagship government programmes in Tamil Nadu. This includes the supply of laptops to students and fans, mixies and grinders to families. There is a Chinese company engaged in the construction of the Chennai Metro Rail project. nThe Chief Minister said infrastructure was an area where substantial co-operation with China was possible. He expressed the hope that Tamil Nadu would be able to access financing from the new Asian Infrastructure Investment Bank.

IBM to Pump $3 Billion into New IoT Business Unit
Source: Computerworld; March 31, 2015

http://www.computerworld.in/news/ibm-to-pump-%243-billion-into-new-iot-business-unit

The IBM IoT Cloud Open Platform could ingest and analyze Internet of Things data for enterprises. Hungry for a bigger piece of the Internet of things market, IBM will invest US$3 billion over four years to establish a new business unit dedicated to providing IoT systems and services to enterprises. "We're only at the very beginning of an amazing revolution. If we thought we were dealing with big data now, we haven't seen anything yet," said Erick Brethenoux, IBM director of analytics. IBM General Manager Chris O'Connor will oversee the new unit, which will initially court enterprises in travel, logistics, insurance, public utilities, transportation and retail, Brethenoux said. IBM will also tailor a new cloud service, the IBM IoT Cloud Open Platform, providing a way for enterprises to build their own data-driven systems, Brethenoux said. Over time, it will also develop specialized packages for specific fields like the insurance industry.

15 innovation tips: how large corporations can successfully engage with startups
Source: Yourstory.in; April 1, 2015

http://yourstory.com/2015/04/tips-for-corporates-to-engage-startups/

Innovation, performance excellence and risk management are top agenda items for corporate leaders. Their innovation strategy usually covers ten types of innovation: product, service, platform, structure, process, business model, network, channel, customer engagement and brand. For long-term success, corporate innovators need to cultivate habits of curiosity, deliberate observation, diverse information seeking and engagement with other creative people, according to Andy Boynton and Bill Fischer, co-authors of ‘The Idea Hunter’ (see my book review). In addition to idea flow, enterprise innovators need to nurture habits of taking ‘little bets’ via creative play, prototyping, learning and pivoting, explains entrepreneur and authorPeter Sims. At an individual and organisational level, corporate innovation calls for skills in questioning, observing, networking, experimenting and making associations, according to Jeff Dyer, Hal Gregersen and Clayton M. Christensen, co-authors of the bestseller ‘The Innovator’s DNA: Mastering the Five Skills of Disruptive Innovators.’

Dentsu to handle consumer electronics major Sony India’s media account
Source: Economic Times; April 2, 2015

http://economictimes.indiatimes.com/industry/services/advertising/dentsu-to-handle-consumer-electronics-major-sony-indias-media-account/articleshow/46778349.cms

Sony India has changed its media planning and buying agency after a decade. The consumer electronics company has appointed Dentsu Aegis Network (DAN) as its media agency, replacing Lintas Media.

While DAN's media agency Carat will lead the account, other divisions of the network like Isobar and iProspect are also likely to work on the account. Interpublic Group-owned Lintas Media handled the account from 2006 to 2015.

When contacted, Sony India confirmed the development to ET. A top official in the know disclosed that besides DAN and IPG, GroupM also participated in the pitch process.

The size of the account is approximatelyRs 150 crore and DAN is likely to earn at least Rs 20 crore as agency commission, he added.

BEL achieves turnover of Rs 6671 crores
Source: Times of India; April 2, 2015

http://timesofindia.indiatimes.com/business/india-business/BEL-achieves-turnover-of-Rs-6671-crores/articleshow/46769915.cms

Navratna Defence Public Sector Unit Bharat Electronics Limited (BEL) has ended the year 2014-15 by registering sales turnover (provisional) of Rs 6,671 crores, a growth of 8 per cent over the previous year's turnover of Rs 6,174 crores.

Bharat Electronics Limited achieved exports worth USD 58 Million in 2014-15, registering a growth of 38% over the previous year's export turnover of USD 42 Million. BEL has an order book of around Rs 22,100 crores as on April 1, 2015.

Some of the significant orders executed during 2014-15 include Missile Systems for the Indian Air Force and the Indian Army, Passive Night Vision Devices, Tactical Control Radar, Shipborne Electronic Warfare Systems, Hull Mounted Sonar, Fire Control Systems, Missile Warning System and Combat Management System.

Compiled by IESA Research

research@iesaonline.org

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