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  IESA WINWire Oct 8 - Oct 14, 2016 for Subscription click here  
11th Anniversary

Nominations Open for IESA Technovation Awards 2016
Source: IESA - Last day to file nominations! - 21 October 2016. Hurry!!

IESA has kick-started Technovation Awards 2016. IESA has been awarding and rewarding new breakthroughs in the ESDM space through Technovation awards for both Industry and academia. Over the years the Technovation awards have set quality standards for the electronics and semiconductor ecosystem. The Awards will honor India’s best individual contributors and organizations that drive the industry forward; and provide them with a platform to showcase their achievements and product successes.

So Hurry Up and Send your nominations now!

Nominations Open for IoTNext Awards 2016
Source: IESA - Last day to file nominations! - 28 October 2016. Hurry!!

IoTNext 2016 Awards, jointly organized by IESA & TiE Bangalore, focus on IoT Startups highlighting the most innovative products developed in India for the Electronics and Semiconductor Industry. All India based local and global companies that have a direct/formal presence in India or conduct product development in India can participate. The Awards aim to promote and support startups and entrepreneurs in fabless semiconductor and electronic products in the IoT or connected devices space.

State govt to showcase over 125 projects at 'Make in Odisha' conclave
Source: Business Standard, 8 October 2016

Odisha has prepared a shelf of over 125 projects which it will showcase at the upcoming mega event 'Make in Odisha' conclave in Bhubaneswar on November 30-December 2 planned in collaboration with the Department of Industrial Policy & Promotion (DIPP).

Such projects are touted as 'investible projects' where Odisha would be seeking fresh investments by highlighting the infrastructure. These projects cover an array of sectors- chemicals, petrochemicals & plastics, textiles, healthcare & biotech, agro & food processing, IT & electronics system design & manufacturing (ESDM), tourism, industrial parks, logistics & transport, Smart City projects, energy and investment opportunities for downstream industries in steel and aluminum.

CCMB launches iHub for medical, agri-biotech start-ups
Source: Business Standard, 8 October 2016

After having T-Hub (Telangana Hub) as India's largest incubator for startups, Hyderabad has another Innovation Hub (iHub) to promote start-ups in the fields of medical and agricultural biotechnology.

The Council of Scientific and Industrial Research - Centre for Cellular and Molecular Biology (CSIR-CCMB) have launched this innovation hub. The iHub is a five-storey building with advanced laboratory equipment for research and innovation.

India will become second biggest steel manufacturer by year end: Birender Singh
Source: The Financial Express, 9 October 2016

Union Minister for Steel Birender Singh today said India would become the second biggest steel manufacturer in the world by year-end.

Currently, China is the largest steel manufacturing country followed by Japan and produces five times more steel than India.

“At present, about six lakh tones of steel is manufactured in old factories and private plants across India. Steel industry accounts for just two per cent share in the Gross Domestic Product (GDP) of the country and efforts are being made to increase it,” he said while inaugurating the newly-constructed Ganga Ram Hospital in Rohtak.

India's defence spending
Source: Business Standard, 9 October 2016

Finance Minister Arun Jaitley had hinted that the budgetary outlay for defense and security could go up, during a speech at a State Bank of India conference in Mumbai on September 28.

"In India, in addition to all global events which leave an impact on us, we also have the security challenge. This involves an element of uncertainty. It also involves a lot of national resources being diverted in that direction and it will always get top priority," the FM said.

India needs ecosystem to impart quality skills to youth: Expert
Source: Business Standard, 11 October 2016

India needs a comprehensive ecosystem to impart quality skills to its youth so as to meet global standards, says an expert in skill development.

"We have always been very educational as a country, that somehow made us very good in the brain but lacked power in the hands," Vijay Ketan Mitra, founder and Chief Executive Officer, Positive Shift (PS) International, a company in the learning and skill development sector, told IANS.

As India progressively moves toward becoming a global knowledge economy, it must meet the aspirations of youth and aim towards skilling them with the best possible standards, he said, adding that youth are the country's strength, and, as the rest of the world is ageing, India is well poised to become the skill capital of the world.

Collaborative disruption, latest in ICT infrastructure design at forefront of BICSI India conference
Source: Voice and Data, 12 October 2016

Ninad Desai, District Secretary, BICSI India in his vote of thanks, delivered exceptional thoughts on changing technology dynamics and BICSI’s strategic programs and key initiatives to empower ICT experts while placing emphasis on quality education & training to ICT industry professionals.

This was further followed by a panel discussion, in which Mr. M N Vidyashankar, President – India Electronics and Semiconductor Association, reiterated on nurturing the right ICT skill set, skill enhancement and certification by establishing skilling centers and delivering programs on design and installation to meet the demands of the ICT industry.

Entrepreneurs head to Uttar Pradesh for the national startup fest
Source: The Economic Times, 12 October 2016

Poll-bound Uttar Pradesh has one more thing coming its way from the Centre — it has emerged as top contender to host the national startup fest. Originally planned to be held in Hyderabad, the industry department is now considering Uttar Pradesh as its preferred choice, with the industrial city of Kanpur the likely venue.

The government wants to take the startup drive to tier II and tier III cities, where the infrastructure and ecosystem for entrepreneurs still needs to be created.

Startups taking healthcare to patients
Source: The Economic Times, 12 October 2016

In a quiet, leafy lane in Koregaon Park, Pune, best known perhaps for its eateries, there’s a group of audiologists hard at work in the Quadio Technologies office. One of them is on a Skype call with a middle-aged lady in Dhule, a town 350 km away from Pune, asking her to hold her hand up if she can hear the sounds she plays. She’s playing sounds of different frequencies — conducting a proper hearing exam — from the call centre attached to the Quadio office.

The patient is fitted with a pair of headphones and assisted by an attendant who will hand over the final report to her in Dhule. The company has created its own device and an internet-based solution that allows it to conduct the test remotely, taking audiometry to people in smaller towns and villages where this facility is largely lacking.

High-end manufacturing will follow us to India: Chuck Robbins, Cisco
Source: The Economic Times, 13 October 2016

Cisco CEO Chuck Robbins hands out his visiting card which marks his designation in Hindi as “Pramukh Karyapalak Adhikari”.

Robbins has visiting cards in a dozen languages, including Marathi, the official language of Maharashtra, where the company plans to set up a manufacturing facility. On Wednesday, Cisco announced that it will manufacture “a diverse product portfolio in India to support the government’s Make in India initiative.” The facility, most likely to come up in Pune, will mark Cisco’s manufacturing debut with products likely to roll out early next year. Cisco’s Launch Pad initiative, an open innovation network for startups which was kicked off in June in India, has now eight startups.

Defense orders over Rs 2.20 Lakh crore given to private firms, says Manohar Parrikar
Source: Daily News and Analysis, 13 October 2016

In the last 23 months of the NDA government, the defense ministry has placed orders worth around Rs 2.20 lakh crore with the private sector for procurement of military equipment and this is going to increase in the next one quarter, said defense minister Manohar Parrikar.

However, a majority of these deals have been done under the 'Make in India' initiative.

Softbank Group Corp. to Establish Softbank Vision Fund
Source: Yahoo! India Finance, 14 October 2016

Softbank Group Corp. (“SBG”) today announced that it will form Softbank Vision Fund (tentative name) (the “Fund”). The Fund intends to make investments in the technology sector globally. The Fund will be managed in the United Kingdom by a subsidiary of SBG and will deploy capital from SBG and investment partners. The Fund will aim to be one of the world’s largest of its kind*.

SBG expects to invest at least USD 25 billion over the next 5 years. SBG has concluded a non-binding memorandum of understanding (“MOU”) on October 12, 2016 with the Public Investment Fund of the Kingdom of Saudi Arabia (“PIF”), under which PIF will consider investing in the Fund and becoming the lead investment partner, with the potential investment size of up to USD 45 billion over the next five years. In addition, a few large global investors are in active dialogue to join SBG and PIF to participate in this Fund. The overall potential size of the Fund can go up to USD 100 billion.

Block chain Technology Market Growing at 61.5% CAGR to 2021
Source: PR Newswire, 14 October 2016

The global block chain technology market is projected to grow from USD 210.2 million in 2016 to USD 2,312.5 million by 2021, led by infrastructure and protocols provider segment while media and entertainment vertical to have the highest growth rate during the forecast period.

Companies like Intel Corporation, International Business Machines Corp., Cisco Systems, NXP Semiconductors N.V., General Electric Co., PTC, Inc.

Compiled by IESA Research

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