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  IESA WINWire Feb 25, 2017 - Mar 02, 2017 for Subscription click here  
11th Anniversary

Infineon and IESA joined hands to nurture promising start-ups in the Electropreneur Park
Source: News-PR; February 21, 2017

http://electronicsmaker.com/infineon-and-iesa-joined-hands-to-nurture-promising-start-ups-in-the-electropreneur-park

Infineon Technologies Indiaentered into an agreement with India Electronics and Semiconductor Association (IESA) to support the Electropreneur Park (EP), giving a major boost to the ‘Make in India’ and Start-up India initiatives. Infineon will work with start-ups incubated by EP, offering business and technical consultation and mentoring. The agreement was signed by Vinay Shenoy, Managing Director, Infineon Technologies India and K Krishnamoorthy, Chairman, IESA in the presence of Andrew Chong, President, Infineon Technologies Asia Pacific andin the presence of MN Vidyashankar, President, IESA.

Speaking on the occasion, Andrew Chong said,“India is fast emerging as an important market for Infineon in the Asia Pacific region and also a promising location to develop innovative products and solutions for our global needs.”

Infineon and IESA jointly agreed to collaborate strategically in support of the incubator initiatives in the EP organised by IESA. Infineon will support and contribute to the initiatives led by IESA through the sharing of semiconductor industry experience, knowledge and network with the start-up companies.Infineon will also provide an undisclosed amount of financial grant to IESA over a period of three years.

IESA signs four MoUs to bridge talent gap
Source: India Today; February 21, 2017

http://indiatoday.intoday.in/story/iesa-signs-four-mous-to-bridge-talent-gap/1/888078.html

India Electronics and Semiconductor Association (IESA), the trade body representing the Indian ESDM (Electronic System Design and Manufacturing) industry today said it has signed four MoUs aimed at bridging talent gap. The MoU?s have been announced with ESSCI (Electronics Sector Skills Council of India), SID (Society for Information Display), IIT Kharagpur (Indian Institute of Technology, Kharagpur) and Infineon to build a robust talent pipeline in the ESDM space, by strengthening industry-academia relations, IESA said in a release. The MoUs have been announced at IESAs annual flagship event Vision Summit here. While IESA is collaborating with Electronics Sector Skills Council of India (ESSCI) to create ESDM entrepreneurial ecosystem in campuses by launching NETRA - National ESDM Technology Research Academy; it is partnering with IIT Kharagpur to foster a collaborative, research and development initiative aimed at creating a comprehensive platform for pursuing advanced research works jointly. Through an agreement with Infineon Technologies India, IESA aims to support Electropreneur Park, giving a major boost to Make in India and Start-up India initiatives; and the MoU with Society for Information Display will collaboratively focus on creation of a display industry eco system in India and open up new global business opportunities in adjacent fields that leverage competencies of the organisations here. "We see the year ahead as a year where the ESDM industry will scale up in value addition and value proposition." "With the ongoing digital revolution in the country and the thrust from the government to use technology to improve governance delivery to the people, the requirement for developing new and better innovative products and solutions are growing by the day," IESA Chairman K Krishna Moorthy said.

IESA Vision Summit 2017 establishes trust in making India, the next global hub of the Electronics Sector
Source: IU e-magazine; February 23, 2017

http://www.iuemag.com/february2017/sf/iesa-vision-summit-2017.php

India Electronics and Semiconductor Association(IESA), the premier trade body committed to the development of a great Indian ESDM(Electonic System Design and Manufacturing) ecosystem and striving to bring into reality, the vision to establish India as the destination for the electronic industry, commenced IESA Vision Summit 2017, on the 21st of February 2017. The two-day summit focused on the theme of ‘Design led Manufacturing- Redifining the future of India’s ESDM.’ The 12th edition of the Vision Summit was graced by the participation and the thought provoking presentations of CXOs of global leaders in the industry, some of which includes Cypress Semiconductors, Rambus, Qualcomm, IBM, Tessolve, Seagate, Western Digital, Applied Materials and many others.

Next Tech Lab of SRM University wins IESA Hackathon - Vision Summit 2017
Source: New Kerala | Hindi Herald; February 24, 2017

http://www.newkerala.com/news/fullnews-229372.html

The 30-hour Hackathon, which was sponsored by Intel, took place at The Leela Palace in Bangalore through February 21 and 22, 2017.

Swaroop Belur (3rd Year ECE), Aakash Jain (3rd Year ECE) and Suresh Kumar (1st Year Mechatronics) prototyped a Smart Industrial-Failure-Detection System, combining technologies like Internet of Things (IoT), Artificial Intelligence and Augmented Reality.

They competed against experienced professionals from the industry and the startup ecosystem. Their hack impressed the panel comprising of industry veterans, enough that the trio walked away with the grand prize of Rs. one lakh, along with tons of other goodies. The cheque was given by Karnataka's IT/BP Minister Priyank Kharge, and Ujjwal Munjal, Founder of Hero Electronix.

IESA Posit India’s ESDM Sector to Reach US$228 Bn by 2020
Source: Bisinfotech; February 25, 2017

http://www.bisinfotech.com/semiconductor/iesa-posit-indias-esdm-sector-to-reach-usd-228-bn-by-2020/

India Electronics and Semiconductor Association (IESA) at its 12th edition of Vision Summit 2017 posits that India’s ESDM sector to optimistically reach about US$228 billion by 2020. The report was jointly unfolded by IESA – EY. It also added that, the $100+ billion opportunity in 2016-17 will grow further at a CAGR of 16- 23%.

This year the Vision Summit focused on the central theme of Design led Manufacturing- Redefining the future of India’s ESDM. The prime body congregated large and medium sized IT companies as well as the starts ups.

Other highlights pointed out that, the domestic manufacturing for Electronic Products has been growing at a CAGR of 17% which is expected to increase further over next 5 years. Electronic Manufacturing Services segment has seen a huge growth over the past two years and has grown from $0.5bn in 2013 to $1.0 bn. in 2015. Indian EMS market is estimated to witness exponential growth of 42-68% over the next five years to reach US$6-13.2 billion.

IESA Vision Summit 2017: The perfect storm is forming
Source: EE Herald; February 26, 2017

http://www.eeherald.com/section/news/owns20170226001.html

At this year's India electronics and semiconductor Association vision Summit 2017 event held in Bangalore, India, the speakers as usual highlighted the Indian electronics and semiconductor product market size, trade imbalance due to increasing electronics import, semiconductor fab delays and its role, emerging market opportunities, and praises for Indian electronics, embedded systems and semiconductor design talent.

It all started with Ravi Gururaj, President of TiE Bangalore, who had a successful stint with NASSCOM very recently. He started his keynote sharing experience of getting his Apple iPhone repaired at a cost of few hundred US$ by a repair-service provider in India, for whom it only costed a few tens of dollars for the faulty component the repair expert replaced in the Gururaj's iPhone. This example was about India's entrepreneur talent and unique business model. In this case repair services business model was to create bill of material component kit for Apple iPhone by disassembling a newly purchased iPhone and making high profit by using them as spares. This was also about huge service support problems for repairing laptops, smart phones and such highly integrated electronics powered systems in India.

From Apple to Oppo: Smartphone makers jump to manufacturing bandwagon in India
Source: The Financial Express; February 26, 2017

http://www.financialexpress.com/industry/from-apple-to-oppo-smartphone-makers-jump-to-manufacturing-bandwagon-in-india/566813/

OVER TWO years after Prime Minister Narendra Modi launched the central government’s ambitious ‘Make in India’ initiative, the one sector that seems to have given it a huge boost is electronics, particularly smartphone-makers, which have started, or are planning, to manufacture some or all of their products in the country. From established American and Japanese tech majors to relatively new Chinese players, almost every other entity seems to be jumping on to the manufacturing bandwagon in India, indicating how important the country has become for the global smartphone market.

Reports recently confirmed that Apple will start making its iPhone SE model at a plant in Bengaluru—being set up by its contract manufacturer Wistron—as the US-based tech giant eyes a bigger share of the market amid slowing global smartphone growth. Once operational, it will make India only the third country globally where Apple assembles its iconic iPhone handsets.

Mouser Electronics Looks at Future of Design as Bronze Sponsor of IESA Vision Summit 2017
Source: Electronics Maker; February 27, 2017

http://electronicsmaker.com/mouser-electronics-looks-at-future-of-design-as-bronze-sponsor-of-iesa-vision-summit-2017

Mouser Electronics Inc. recently attended the 12th edition of the India Electronics and Semiconductor Association (IESA) Vision Summit as a bronze sponsor of the event, which focuses on India’s semiconductor and electronic system design and manufacturing (ESDM) sectors. Occurring February 21 and 22 in Bengaluru, the IESA Vision Summit 2017 convened on the theme of “Design-led manufacturing—Redefining the future of India’s ESDM.” IESA is the premier trade body committed to the development of a vibrant Indian ESDM ecosystem.

“We are honored to have the opportunity to collaborate with IESA in promoting its goals as well as advancing research and development in India. With the number of engineers in India rapidly growing, it’s fast becoming a new hub of design. We are seeing an impressive growth in unique customers, which makes us a major player in the Indian market,” said Mark Burr-Lonnon, Mouser Senior Vice President of Global Service & EMEA and APAC Business.

Proposed 'Buy Indian' policy to boost Modi's 'Make in India'
Source: Money Control; February 28, 2017

http://www.moneycontrol.com/news/current-affairs/proposed-buy-indian-policy-to-boost-modis-makeindia_8565841.html?utm_source=ref_article

Giving a further boost to Prime Minister Narendra Modi's 'Make in India', the government is likely to propose 'Buy Indian' policy that is similar to Donald Trump's ‘Buy American' policy. The proposed policy could involve purchases to the tune of Rs 2 trillion a year excluding defence equipments, according to an article in Mint . The number is only expected to grow further once state governments, educational institutions managed by centre and municipal bodies start doing the same. Under the Buy American Act of 1933, US products for government purchases are preferred. Similarly, the Indian government via his national procurement policy would also prefer purchasing products that are manufactured in India. The purchases could be as varied as buying computers, mobile phones, medicines to stationary and even metals required for government and railway projects.

An innovative step
Source: Deccan Herald; March 1, 2017

http://www.deccanherald.com/content/598784/an-innovative-step.html

Next Tech Lab from SRM University recently won the IESA Hackathon-Vision Summit 2017. Three members from the Internet of Things group at Next Tech Lab, SRM University, won the Industrial IoT-AR/ VR Make-a-thon organised by the IESA Vision Summit 2017.

The 30-hour hackathon, sponsored by Intel, took place recently at The Leela Palace, Bengaluru. Swaroop Belur (third year ECE), Aakash Jain (third year ECE) and Suresh Kumar (first year mechatronics) prototyped a Smart Industrial Failure Detection System combining technologies like Internet of Things (IoT), artificial intelligence and augmented reality.

They competed with experienced professionals from the industry and the startup ecosystem. Their hack impressed the panel of judges and the trio walked away with a grand prize of Rs 1 lakh. The cheque was given by Karnataka’s IT/ BP minister, Priyank Kharge, and founder of Hero Electronix, Ujjwal Munjal.

Their team named ‘The Machinists’ worked for 30 hours straight to come up with a prototype from scratch. The system they built collects vital machine sensor data like temperature, humidity and moisture and sends all this data to the cloud, allowing easy access from anywhere.

Be ready for a technology-driven country, say industry leaders
Source: Deccan Herald; March 1, 2017

http://www.deccanherald.com/content/598797/be-ready-technology-driven-country.html

“India is on the cusp of a major transformation and technology is unbelievably driving the country towards digitalisation such that the future would be glorious, though accompanied by several challenges,” said Kamal Bali, MD of Volvo India.

He was speaking during a session on ‘Make in India: The Engine of Global Growth’ organised by CII-Mysuru in the city recently. The event focused on changes in international perception and the ‘Make in India’ programme.

Focussing on the automotive industry, Bali said India, which is always known to have a potential for growth, has started performing better than before, which will lead to many emerging trends and technologies.

“There are a few challenges and missing links that come in the way of development and growth. The amount of programming that now goes into building things in the automotive industry is enormous and digitalisation is huge in both manufacturing and electronics. Though it seems unbelievable, we are actually heading towards a huge transformation,” he said.

At 7%, Q3 GDP growth beats note ban blues, manufacturing biggest surprise
Source: Business Standard; March 1, 2017

http://www.business-standard.com/article/economy-policy/at-7-q3-gdp-growth-beats-note-ban-blues-manufacturing-biggest-surprise-117022800844_1.html

Gross domestic product (GDP) for the third quarter (Q3) of financial year 2016-17 (FY17) grew at 7 per cent, allaying fears of any major effect of demonetisation though it was the lowest expansion in four quarters. Private final consumption expenditure, denoting demand, rose at double the rate (10 per cent) in Q3, against five per cent in Q2.

The Q3 numbers not only made India the fastest-growing large economy in the world but also helped the Central Statistics Office (CSO) retain its earlier projection (in first advance estimates) for full-year GDP growth at 7.1 per cent in the second advance estimates released on Tuesday.

India’s Manufacturing Activity Expands In February, Confidence Declines
Source: Bloomberg Quint; March 1, 2017

https://www.bloombergquint.com/global-economics/2017/03/01/indias-manufacturing-activity-expands-to-507-in-february-confidence-down-nikkei

A rebound in export demand and accelerated output growth helped India's manufacturing activity expand for the second consecutive month in February, after it contracted in December due to demonetisation.

The Nikkei India Manufacturing Purchasing Managers’ Index (PMI) – compiled by Nikkei and research firm Markit – rose to 50.7 in February from 50.4 in January. A reading below 50 indicates a contraction and a reading above it indicates expansion. Input costs rose at the quickest pace since August 2014 and output charge inflation climbed to a 40-month peak, the report said, adding that “Greater output needs encouraged some firms to step up buying levels, but production requirements were insufficient to generate job creation.” With an increase in new orders and no new jobs being created, outstanding business rose during the month. “The rate of backlog accumulation was the fastest since last October,” said the report.

Hyperloop One could take some help from Skill India and Make in India programs, says CEO Rob Lloyd
Source: Firstpost; March 1, 2017

http://tech.firstpost.com/news-analysis/hyperloop-one-could-take-some-help-from-skill-india-and-make-in-india-programs-says-ceo-rob-lloyd-364713.html

Hyperloop was announced years back by Elon Musk as a concept that could be the future of transportation. One of the leading firms to work on the concept called Hyperloop One, hosted a special ‘Vision for India’ event in New Delhi on 28 February, confirming the possibility of Hyperloop transportation in the country.

It is a super fast transportation concept in which passengers or cargo propel in a pod-like vehicle through a low-pressure tube using electric propulsion with speeds matching airliners. The company claims that speeds ranging from 700-1,100 kmph can be achieved. This means that travelling from Delhi to Mumbai could be done in just 80 minutes, or Pune to Mumbai in just 8 minutes.

Make in India: Jindal Stainless (Hisar) forays into defence
Source: Business Standard; March 2, 2017

http://www.business-standard.com/article/companies/in-a-first-jindal-stainless-hisar-forays-into-defence-117030100316_1.html

Jindal Stainless (Hisar) Limited, country’s largest integrated stainless steel producer, on Wednesday announced its entry into the defence sector by signing the license agreement with Defence Research & Development Organisation (DRDO) for manufacturing high nitrogen steel (HNS) for armour applications.

With this, Jindal Stainless becomes India’s first company to commercially manufacture high nitrogen steel for the defence sector under the transfer of technology from DRDO. The use of HNS will replace the existing import of Rolled Homogenous Armour (RHA), thereby resulting in improved cost efficiency in material acquisition for armour applications by 50 per cent, the company said in a statement.

Micromax strengthens consumer electronics business, launches range of ACs
Source: The Hindu Business Line; March 2, 2017

http://www.thehindubusinessline.com/companies/micromax-strengthens-consumer-electronics-biz-introduces-new-airconditioners/article9567194.ecel

Micromax Informatics has strengthened its consumer electronics portfolio by introducing a new range of window and split air-conditioners.

After initiating a pilot project for sale of ACs in June last year to test the market place, the electronics and consumer goods company this year will launch a complete line-up of ACs,

The air-conditioner range comprises seven split ACs and one Window AC. They are being introduced at the onset of the peak summer season in India.

The company, known for its mobile handsets and LED TVs, is planning to roll out an inverter range of ACs later this year. Work on the new range is now underway at the company's R&D centres.

The company had invested about Rs 200 crore in its manufacturing unit in Rudrapur, Uttarakhand, where it produces the ACs for the domestic market.

With a strong distributor network of over 4,000 sales points and 400-plus service centres, the company aims to garner a 10 per cent market share of the country's AC market (estimated at about 4 million units per annum) over the next three years.

Rohan Agarwal, Vice-President, Consumer Electronics, Micromax Informatics Ltd. said, “We are bullish on the Indian air-conditioner market and have invested heavily in building a strong product portfolio, a robust distribution network to ensure wide presence and best-in-class service experience.”

“We have a strong brand presence and the South Indian market offers immense scope for Micromax ACs,” he said.

China's LeEco may exit India, fires 85% staff: Report
Source: Moneycontrol.com; March 3, 2017

http://www.moneycontrol.com/news/business/chinas-leeco-may-exit-india-fires-85-staff-report_8588501.html

Chinese conglomerate LeEco has fired 85 percent of its employees in India and may be looking to exit the country, reports the Economic Times today. The layoffs closely follow the resignation of its smart electronics business Chief Operating Officer Atul Jain and internet applications, service and content business Chief Operating Officer Debashish Ghosh. LeEco is global internet company, which sells smartphones in India. Late last year, LeEco’s billionaire owner Jia Yueting, who was also the largest shareholder of Coolpad group, had admitted in a long letter to employees that LeEco was running out of cash. "We blindly sped ahead, and our cash demand ballooned," he had said in the letter as per media reports. To overcome the cash crunch, reports suggested, Yueting planned to cut his annual income, trim growth target to modest levels, and slow down on expansions. With advertising budget at a hefty Rs 80-crore per month, the company which outpaced Xiaomi, Oppo and Vivo, had exited sales through offline retail stores in December. Both the Mumbai and Delhi offices of the company are said to be left with minimal staff, while firings are on in its Bengaluru research and development centres. While confirming the exit of the two top executives, India Chief Operating Officer Alex Li denied any plans to exit the country. Even as Li denied much impact on sales from demonetisation, another senior executive, with a marketplace doing business with LeEco, said on conditions of anonymity that the company plans to exit India as it is finding it tough to find a winning formula, and demonetisation has worsened matters.

Compiled by IESA Research

research@iesaonline.org

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