IESA WINWire May 09 - May 15, 2015
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Cosmic Circuits CEO Ganapathy Subramaniam Joins Walden International in India
Source: waldenintl.com; May 9, 2015

http://www.waldenintl.com/docs/Ganapathy_Subramaniam_5.07.2015.pdf

Walden International (WI), a leading global venture capital firm, announced today the induction of Mr. Ganapathy Subramaniam (Gani) as Venture Partner for its own and affiliate funds such as WRV II.

Welcoming Gani to WI, Mr. Lip‐Bu Tan, Chairman, commented, “I am delighted to have Gani join our team.  His rich experience in semiconductors and network will help us identify suitable opportunities in India. We continue to believe India has incredible, untapped potential in the electronics and semiconductor industry.”

Gani has more than two decades of experience in the semiconductor industry.    Prior to founding and serving as the Chief Executive Officer of Cosmic Circuits Pvt. Ltd., Gani held senior management positions with Texas Instruments. His career foci have been in analog, RF design, and design management. He has managed design teams world‐wide for Mixed‐signal and SoC product development and pioneered key strategic initiatives such as CMOS Wireless LAN RF development and Power Management integration on System‐On‐ Chips. 

Indian Govt aiming 50 crore internet connections by 2018
Source: Electronicsmaker; May 9, 2015

http://electronicsmaker.com/indian-govt-aiming-50-crore-internet-connections-by-2018

The government is working towards pulling off a goal of 50 crore Internet connections by 2018, Telecom Minister Ravi Shankar Prasad. Last year, Internet service providers told me that we have got 30 crore Internet connections in India… My plan is by 2018, to make 50 crore Internet connections in India, that’s what we are working for,” Prasad said at an event here. “I am convinced that in the coming 2-3 years, India will become equal to China as an IT market of the world, I have no doubts about it,” the Minister said. “We are a population of 1.2 billion plus, we are having 97.5 crore mobile phones in India, very soon we will touch 100 crore,” the Minister said. On Internet connectivity, he pointed to India having surpassed the US and being second only to China. In order to provide broadband connectivity to all the 2.5 lakh gram panchayats, the government is pushing ahead with the national optical fibre network (NOFN) project. NOFN aims to provide high-speed connectivity to the gram panchayats by December 2016 and the estimated cost of the project is around Rs 30,000 crore.

Govt to unveil new IT policy on May 23
Source: Times of India; May 9, 2015

http://timesofindia.indiatimes.com/city/goa/Govt-to-unveil-new-IT-policy-on-May-23/articleshow/47194549.cms

With the objective of giving a push for IT industry in the state, chief minister Laxmikant Parsekar on Thursday said that the government would soon unveil IT policy providing "attractive incentives" for entrepreneurs to set up shop in Goa. "Right from day one, I have been trying to focus on IT industry as I believe this industry has much potential for employment in the state. In this direction, we are holding a meeting of IT enterpreneurs on May 22 and 23", Parsekar told TOI. We will release the IT policy and will then have an investors meet and based on the feedback, we will fine-tune the policy later," IT director Shilpa Shinde said. The decision to release the IT policy appears rushed, especially since deliberations over the new IT policy had begun barely a few months ago and most of the local IT companies appear to be in the dark about the new IT policy. "It is a requirement of the time and we did not expect the transfer of the land to happen so fast," Shinde clarified. The new IT policy will function as a sub-policy of the Goa Investment Policy and under that framework, all clearances will be given by the Investment Promotion Board. The 3-page policy will focus on Electronic System Design and Manufacturing (ESDM) and will cater to companies coming up at the IT park in Chimbel and Tuem.

Nasscom to set up two start-up warehouses in Maharashtra
Source: Mint; May 9, 2015

http://www.livemint.com/Companies/dxUZPTiNBjXn8z2NZAlNgO/Nasscom-to-set-up-two-startup-warehouses-in-Maharashtra.html

Industry lobby Nasscom on Friday said it has tied up with the government of Maharashtra to set up two start-up warehouses in Navi Mumbai and Pune as a part of its larger programme through which it has joined hands with software companies to mentor and establish 10,000 start-ups by 2023. Nasscom was looking to expand its start-up warehouse programme to Kolkata, Pune, Mumbai and Hyderabad, Mint had reported in December. The warehouses, said Nasscom in a statement on Friday, will be a “co-working facility that can be leased by start-ups for six months at a nominal cost...with high-speed Internet connections of up to 10 Mbps, and (with) basic utilities like electricity and water”.“Maharashtra and Mumbai has always been the business hub of India. With the new government’s focus on creating a conducive ecosystem for businesses and entrepreneurship to grow, I am sure this new warehouse will provide a platform for the young minds to breed,” R. Chandrashekhar, president of Nasscom, said in the statement.

Alibaba in talks to buy 20 percent stake in Micromax: report
Source: The Indian Express; May 10, 2015

http://indianexpress.com/article/technology/social/alibaba-in-talks-to-buy-20-percent-stake-in-micromax-report/

Alibaba Group Holding is in talks with India’s Micromax Informatics to buy an about 20 percent stake in the smartphone maker, helping the Chinese e-commerce giant expand in one of the world’s fastest growing markets for the devices, several people with direct knowledge of the matter said.

The deal, if completed, would see Alibaba investing as much as $1.2 billion in Micromax, the second-largest smartphone brand in India by sales, and would value the company at up to $6 billion, two of the people said. India is the world’s third largest smartphone market and was the fastest growing in the Asia Pacific region in the third quarter of last year, according to industry research firm International Data Corporation.
Micromax and Alibaba began talks on the stake sale after discussions with investors led by Japanese telecoms firm Softbank Corp stalled over differences in valuations, the sources said.

eGov: It’s Time To Make The Smart City Dream Come True
Source: The Financial Express; May 11, 2015

http://www.financialexpress.com/article/economy/its-time-to-make-the-smart-city-dream-come-true/71206/

With the smart cities programme being cleared by the Union Cabinet, we now expect to see some quick implementation on the ground. However, many of us are unclear about the different types of infrastructure and technology required and their exact role in providing smart services to citizens. For developing an implementation plan which minimises both time and cost, we will need to leverage the various types of infrastructure and technology which find application in smart cities. Essentially, there are three broad categories of investments in infrastructure and technology, all of which are required for delivering “smart” urban services. The first category is what we can call basic infrastructure—water or sewerage pipelines would fall under this group. Unlike developed countries, most Indian cities have significant shortages in this area. As per ministry of urban development service level benchmarking data, 2010-11, the proportion of households with water pipeline connectivity even in large cities like Hyderabad and Bengaluru was around 66% and 51% respectively.

EIIL to sell India-made LED lights; aiming Rs 700 crore revenue
Source: Economic Times; May 11, 2015

http://economictimes.indiatimes.com/industry/cons-products/electronics/eiil-to-sell-india-made-led-lights-aiming-rs-700-crore-revenue/articleshow/47236944.cms

Dry cell battery major Eveready Industries India Ltd (EIIL) will switch to made-in India LED lights and aiming revenues of more than Rs 700 crore from the segment in the next 2-3 years.
"We will go for made-in-India LEDs by the year end. But, it is not decided whether we will have our own manufacturing or outsource from an Indian vendor," company Managing Director Amritanshu Khaitan said here today.

At present, the company sells LED lights which are outsourced from China.

"LEDs would be the growth driver over the next few years as we see the lighting and electrical business growing by 35-40 per cent in the next 2-3 years. We expect topline from LEDs of Rs 700-1,000 crore," he said.
Falling prices of LED are helping people to switch from CFL, but it is still an urban phenomenon. Over the next three years LED sales will take over CFL lamps, he added.

Rising profile of Indian startups
Source: Deccan Herald; May 12, 2015

http://www.deccanherald.com/content/476989/rising-profile-indian-startups.html

Intense interest from prominent investors is helping to drive eye-popping valuations among Indian tech startups. Venture capital firms, hedge funds and the likes of business executives such as Rupert Murdoch are all vying for a piece of India’s rapidly growing e-commerce market – particularly companies aimed at the growing number of aspiring middle-class consumers. It is a radical turnaround from just a few years ago, when fewer smartphones, a smaller number of Internet users, general government inertia and a lack of funding hampered many entrepreneurs and startups. India’s market potential is enticing. Only 300 million Indians, or less than 25 per cent of the country, are Internet users, and while that is already the second-largest Internet market in the world, after China, 5 million users are added each month, according to Rajan Anandan, Google India’s managing director. The number of Internet users in India is expected to reach 500 million in three years, he said. “Half a billion is a huge prize,” said Ravi Gururaj, who helps technology-backed startups in his role as chairman of the product council of India’s technology industry trade body, Nasscom

In China, Modi to push for expediting industrial parks
Source: Business Standard; May 12, 2015

http://www.business-standard.com/article/economy-policy/in-china-modi-to-push-for-expediting-industrial-parks-115051200044_1.html

Prime Minister Narendra Modi is expected to aggressively push for expediting Chinese investment into proposed industrial parks in India, even as China has sought that its investments in this country aren't subjected to undue scrutiny. Modi's much-awaited visit to China on May 14-16 is likely to spur investments worth $10 billion through various trade deals. Chinese President Xi Jinping had already committed to investing $20 billion in India through the next five years, a senior official told Business Standard. Since both sides signed a memorandum of understanding (MoU) on setting up industrial parks exclusively for the Chinese here, there has been no movement in this regard in terms of big-ticket investments or setting up a manufacturing unit. This is despite the fact that Chinese authorities have already identified two zones in Pune and Ahmedabad to set up industrial parks, expected to be spread over 1,250 acres.

Focus on investor-friendly environment
Source: The Hindu; May 12, 2015

http://www.thehindu.com/news/national/andhra-pradesh/focus-on-investorfriendly-environment/article7195558.ece

The government has identified 10 thrust areas, which include agro and food processing, aerospace and defence, mineral-based industry, life sciences, leather, textile and apparel, electronics and IT, energy and petroleum and chemicals. The policy earmarks various areas for development in product specific hubs. These include pharma hub in Srikakulam, Guntur and Visakhapatnam, electronic clusters in Visakhapatnam, East Godavari and Chittoor, food processing parks in all districts, integrated textiles in Visakhapatnam, Guntur, Krishna, Anantapur and Kurnool, petrochemical complex in Krishna, East Godavari and Visakhapatnam, automobile hub in Nellore and Chittoor, smart industrial townships in all districts, cement plants in Guntur, Anantapur, Kurnool and Kadapa and aerospace and defence in Visakhapatnam, Chittoor and Anantapur.

Govt extends cut-off for electronics gadget registration
Source: Business Standard; May 12, 2015

http://www.business-standard.com/article/pti-stories/govt-extends-cut-off-for-electronics-gadget-registration-115051200706_1.html

The government has extended the deadline by three months for compulsory registration of electronics products such as mobile phones, batteries, chargers and mobile adapters.

The deadline for implementation of that order was May 13. The Centre had included 15 products under the compulsory registration scheme in November last year.

"...The industry has sought more time for compliance to the order as it involves design changes needing time, and whereas these issues have been discussed with the stakeholders for smooth implementation of this order, it is hereby notified that the date of implementation of the order stands extended to August 13, 2015," DeitY said in a notification.

The Department of Electronics and Information Technology (DeitY) has also granted an additional three months for meeting the compulsory labeling requirements of Bureau of Indian Standards (BIS).

IESA and TiE Reward IoT Start-Ups at Innovation Showcase in Bangalore
Source: PC Quest; May 12, 2015

http://www.pcquest.com/iesa-and-tie-reward-iot-start-ups-at-innovation-showcase-in-bangalore/

India Electronics and Semiconductor Association (IESA), the premier trade body representing the Indian Electronic System Design and Manufacturing (ESDM) industry in association with the Bangalore Chapter of The Indus Entrepreneurs (TiE) announced strong impetus towards the best of breed homegrown start-ups in the Internet of Things (IoT) space. At an exclusive innovation showcase event, organized at the Intel campus in Bangalore, 16 start-ups, selected from a strenuous scrutiny process of 60 preliminary applicants, were provided a platform to showcase path breaking IoT innovations in their respective domains. The objective was to create and foster an ecosystem to promote start-ups that develop fabless semiconductor and electronic products especially around connected devices or IoT. The start-ups were provided with best-in-class platform by IESA and TiE to showcase their products and pitch about their business to the IESA members and the invited Venture Capitalists.

ESDM Meet to Announce Upcoming Brown Field Electronic Cluster in Aurangabad
Source: EFY Times; May 12, 2015

http://www.efytimes.com/e1/fullnews.asp?edid=166839

Looking to immense potential of growth in Electronics System Design and Manufacturing (ESDM) sector and Supporting Electronics Policy of government, Chamber of Marathwada Industries and Agriculture (CMIA) has taken initiative to Start Brown Field Electronic Cluster in the name of Deogiri Electronics Cluster Pvt. Ltd. CMIA is confident that with this cluster implementation there will be boost to ESDM sector of this region thereby contributing to `Make in India’ plan of government of India. This will strengthen Ecosystem of Marathwada region in Electronics. To create awareness of growth potential in Electronic sector, government plan to support ESDM sector, give exposure to emerging technologies in electronics and attract academics for innovation and IPR creation, CMIA has planned half day conference ESDM MEET’ on 17 May at Aurangabad. This conference will be attended by 125 industry participants from corporate/SME sector and 50 participants from academics. The faculties for this program are from Department of Electronics and Information Technology (DeitY), India Electronics and Semiconductor Association (IESA) , State government and experts from electronics industry.

Amara Raja may invest Rs 4500 cr in new plant in Chittoor
Source: Moneycontrol; May 12, 2015

http://www.moneycontrol.com/news/business/amara-raja-may-invest-rs-4500-crnew-plantchittoor_1382417.html

Ramachandra N Galla, Chairman, Amara Raja Group said that, "there is a separate zone for manufacturing and a separate zone for green industries. At present, the battery plants are coming under the manufacturing zone. Also, we've separated certain sections for the battery business. Other areas we have are light-auto-component business, consumer electronics business, power electronics and green electronics." The project is expected to attract 20,000 jobs over the next five years and a projected investment of Rs 4,500 crore. The Amara Raja growth corridor has successfully aligned its vision and mission with that of the Andhra government - a focused, systematic initiative to make Chittoor, a manufacturing hub to rival any other across the country. The Amaron plant itself is expected to employ over 8000 skilled personnel over the next two years. The plant's total capacity is 7 million batteries per year, though it is currently manufacturing just around 4 million units. The group says expansion plans are in the offing.

India-China Must Try to Forge Manufacturing Joint Ventures: ASSOCHAM
Source: NDTV; May 13, 2015

http://profit.ndtv.com/news/industries/article-india-china-must-try-to-forge-manufacturing-joint-ventures-assocham-762853

Industry body Assocham on Wednesday said policymakers during Prime Minister Narendra Modi's visit to China must aim to forge joint ventures (JVs) with the neighbour that can facilitate manufacturing of items such as mobile handsets, electronics and computer hardware in India. "As a high-level team of policymakers accompanies the PM to China, the strategy should be to somehow get the Chinese manufacturing base shifted to India, along with Indians, as joint venture partners, especially when the Chinese labour cost is also looking up," Assocham president Rana Kapoor said in a statement.

The move to manufacture such items at home will also help bridge the sizeable trade deficit, which hit $48 billion in 2014-15 as India spends a hefty sum on import. It imported computer and electronic hardware from China in excess of $10 billion in 2013-14, Assocham said. "This would be a win-win situation for the two countries and would be in sync with Prime Minister's Make-in-India programme," Mr Kapoor said.

India’s IoT start-ups get fillip at IESA-TiE innovation event
Source: Voice & Data; May 14, 2015

http://www.voicendata.com/indias-iot-start-ups-get-fillip-at-iesa-tie-innovation-event/

India Electronics and Semiconductor Association (IESA) in collaboration with the Bangalore Chapter of The Indus Entrepreneurs (TiE) is encouraging homegrown start-ups, working in the Internet of Things (IoT) space. At an innovation showcase event, organized at the Intel campus in Bangalore, 16 start-ups, selected from a strenuous scrutiny process of 60 preliminary applicants, were provided a platform to showcase path breaking IoT innovations in their respective domains. The objective was to create and foster an ecosystem to promote start-ups that develop fabless semiconductor and electronic products especially around connected devices or IoT. The start-ups were provided with best-in-class platform by IESA and TiE to showcase their products and pitch about their business to the IESA members and the invited Venture Capitalists. A jury panel further shortlisted Bangalore-based Cardiac Design Labs for a sponsored visit to the SRII Global Conference on June 7-10, 2015 at San Jose, California. The winner will be provided with a platform to ensure visibility to the Silicon Valley investors, world’s leading companies and academics working in IoT space.

Compiled by IESA Research

research@iesaonline.org

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