Indian EV industry records INR 25,045 crore investments in last seven months

Electric commercial vehicles led the investments with a 32% share. The e-mobility startup Oye! Rickshaw invested INR 3,700 crore and accounted for 15% of the total investment. Omega Seiki mobility claimed 9% as it aims to become a global brand and India's leading commercial vehicle player. Ashok Leyland wants to shift its entire electric vehicles (EV) business to its 100% subsidiary Switch Mobility in a few years and thus invested INR 1485 crore. Electric 4W saw an investment of 28% where M&M invested INR 3000 crore making its contribution at 12%. It has already invested INR 1,700 crore in India's EV business, with another INR 500 crore earmarked for a new research and development (R&D) centre. South Korea’s Hyundai made an investment of INR 3200 crore in February 2021 while the second announcement of investment was INR 743.31 crore in July 2021. The company’s upcoming electric vehicle is expected to be a mini-SUV.

 (ET, Aug 02, 2021)

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'India ahead of US, China in...': One of India's youngest billionaire retweets IT Minister's post

IT Minister Ashwini Vaishnaw informed that India recorded 25.4 billion digital transactions in 2020, 1.6 times higher than China and over 21 times higher than the US.  India is head and shoulders above the US and China - the two biggest economies in the world - when it comes to digital transactions, claimed IT Minister Ashwini Vaishnaw. In a tweet on Friday, Vaishnaw posted that India recorded 25.4 billion digital transactions in 2020. This is 1.6 times compared to 15.7 billion digital transactions in China and over 21 times the 1.2 billion transactions seen in the US. As per the Reserve Bank of India – Digital Payments Index (RBI-DPI), digital transactions have been growing leaps and bounds. As per the central bank, the index stood at 270.59 in March 2021 as against 207.84 for March 2020 and 153.47 in March 2019.

(Mint, July 30, 2021)

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Prevail Electric Mobility to set up additional manufacturing unit in India for electric 2-wheelers

Prevail Electric Mobility, an arm of French lubricants major FRVelion, will set up an additional manufacturing unit in India for electric two-wheelers to meet demand in the country besides catering to Nepal and Sri Lankan markets, according to a top company official. The company, which will launch its first product in India this month, plans to set up the new manufacturing unit at Behrampur near Gurugram in Haryana to add to its existing plant at Neemrana in Rajasthan with an overall investment  of around Rs 50 crore in the two plants. "Currently, we have a capacity of somewhere around 25,000 units a year. We'll be increasing it to around 40,000 to 50,000 units in a year," Prevail Electric Mobility CEO Hemant Bhatt told.  He said this has been necessitated due to the company's move to enter Nepal and Sri Lankan markets simultaneously with the launch in India. Initially, the company had planned to launch its electric two-wheelers in India only.  

(ET, Aug 01, 2021)

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POLICY SCAN                                                                                    

The Union Cabinet of India has given approval to the Production-Linked Incentive (PLI) Scheme for White Goods (Air Conditioners and LED lights) to be implemented over FY 2021-22 to FY 2028-29 with an outlay of Rs. 6238 Crore. The subject Scheme was notified on 16th April 2021. The Scheme Guidelines were published on 4th June 2021 while M/s IFCI Ltd. have been appointed as PMA for the Scheme. Online application window is open for submission of applications from 15.06.2021 to 15.09.2021 (three months) through web portal https://pliwhitegoods.ifciltd.com.

In this context, please find the following documents for your kind information and for considering investment and seeking benefits and taking advantage of the Scheme:

1. Gazette Notification dated 16.04.2021 on PLI Scheme for White Goods (ACs and LED Lights)
2. Scheme Guidelines for PLIWG dated 4th June 2021
3. Corrigendum dated 16th August 2021 to the Scheme Guidelines dt. 4th June 2021 for PLI Scheme for White Goods (ACs and LED Lights)
4. FAQs on PLI Scheme for White Goods (ACs and LED Lights) dated 16th August 2021

(Please click the document/s above to download)

Please note, certain investment criteria have been modified as per recommendations of ELCINA and other industry associations and certain components and raw materials have been added to the list of eligible items which will support investments in value added manufacturing.

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INDUSTRY  SCAN                                                                           

General

Electronics buyers find more value in security features as threats rise

Ahead of the festive season, India’s notoriously value conscious consumers would now prioritise security and privacy to resolution and memory on their electronic devices like smartphones and laptops. And companies have caught on with this shift in customer behaviour. The steep rise in incidents of cyber-attacks, malware and hacking has led to an increase in demand for smartphones and laptops with enhanced in-built privacy measures and anti-virus software. Companies are now leveraging the demand by launching more such devices or including these for marketing pushes, industry executives said. "We have launched the Dell EMC Power Protect DP series integrated appliances and Power Protect Data Manager Software that help customers in counteracting the effects of cyber threats while safeguarding data across traditional and cloud-native applications," said Ripu Bajwa, director, Data Protection Solutions, Dell Technologies, India. 

(ET, Aug 02, 2021)

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Vikram Sarabhai birth anniversary: Remembering the father of Indian space programme

On his 102nd birth anniversary, the Isro launched India's "eye in the sky" GISAT-1 Earth observation satellite (EOS), but the mission suffered a setback due to a performance anomaly in the cryogenic stage of the rocket moments after the launch. Vikram Sarabhai, who initiated India's space research and helped develop nuclear power in the country, was born on August 12, 1919. Known as the father of the Indian space program Vikram Sarabhai is known for the establishment of the Indian Space Research Organisation (Isro). In 1962, he was given Isro's charge and worked for a token salary of one rupee in view of his personal wealth.  He was a visionary scientist and institution-builder who called for the development of satellite-based remote sensing of natural resources. He was an inspiration to young scientists of the nation. Sarabhai’s birth anniversary is also celebrated as National Remote Sensing Day in India.

(HT, Aug 13, 2021)

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Oracle set to expand cloud services to public sector business

US technology major Oracle Corp. is gearing up to expand its public sector business in India, following the certification of its Mumbai and Hyderabad cloud regions for use by the government and the public sector. Oracle hopes governments and other public sector entities in India will use its cloud technologies and move their workloads to Oracle Cloud Infrastructure following approval of it by the ministry of electronics and information technology on Wednesday.  “Oracle has been a partner in India’s development agenda for nearly three decades.

(Mint, Aug 11, 2021)

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ED slaps Rs 10,600-crore notice on Flipkart for forex violations

The Enforcement Directorate (ED) has slapped its biggest FEMA show-cause notice of Rs 10,600 crore on Sachin Bansal and Binny Bansal-founded Flipkart and nine other entities/ individuals linked to the e-commerce major for allegedly flouting foreign exchange rules. The central probe agency has charged these entities by an order issued in July by the adjudicating authority of the Foreign Exchange Management Act (FEMA).  The violations are in relation to Flipkart and its other holding firms, including one in Singapore, which had investment from foreign firms between 2009 and 2015. The company was found to have breached various forex provisions including one dealing with “transfer and issue of security to the person outside India”, a source said. In 2018, Flipkart was acquired by Walmart in a $16-billion deal. A Flipkart spokesperson said the company was in compliance with Indian laws including regulations on foreign direct investment (FDI). decides the penal action after hearing from the investigator and the company concerned.

(BS, Aug 05, 2021)

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Why India’s e-waste system needs change

According to the Global e-waste monitor 2020, 53.6 million tonnes (Mt) of electronic waste was generated globally in 2019, of which Asia was the largest contributor. The report found China to be the world’s top e-waste producer having generated 10.1 Mt of e-waste in 2019. The rising e-waste hills are no alien to the Indian sub-continent either. Not surprisingly, India is the third biggest contributor with 3.2 million tonnes. The monitor also highlights that albeit the high generation numbers, China seems to be faring much better than Indian terms of collection and recycling of e-waste.  With the accelerating global expansion of the electric vehicles sector, the question of recycling e-waste batteries will soon assume gargantuan proportions in the waste management systems of different countries, including India and China.  

(Fortune India, Aug 04, 2021)

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Tamil Nadu, a state in south India, is preparing for a new innings. Chief Minister MK Stalin has recently announced that the state is getting ready to become a $1tn economy by 2030

The Stalin-led DMK government aims to make Tamil Nadu (TN) a preferred destination for investments in South Asia. A fully digitised single window 2.0 portal with over 100 services has been created to attract investors. The portal, as per media reports, will be equipped with features like parallel processing of clearances and will also give scope for virtual meetings with departments. An artificial-intelligence-based chatbot facility and deemed approval for select clearances are expected to be its other highlights. Some updates: The state aims to attract investments to the tune of Rs 17,141 crore through a suite of new partnerships and collaborations.  

(E&T, Aug 04, 2021)

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At 17% in July, GST e-way bill generation highest in four months:

E-way bill generation for goods transportation under the Goods and Services Tax (GST) system has come in at 6.42 crore in July, highest in four months and 17% higher than June, indicating a sustained pick-up in economic recovery. Average daily e-way bill generation was 24.3 lakh in the last six days of July, compared with 20.2 lakh in the week ended July, 25, 20.4 lakh in preceding week and 19.24 lakh in the first 11 days of July. Thanks to easing of the Covid-induced lockdowns, e-way bill generation by businesses rose to 5.5 crore in June from 4 crore in May. About 5.9 crore e-way bills were generated in April. Higher e-way bill generation will also reflect in GST revenue. GST collections came in at an impressive `1.16 lakh crore in July (largely June transactions), up a third on year and a quarter on month, reflecting a smart economic recovery after the second Covid-19 wave. That in July, the average daily e-way bill generation was higher than in May-June indicates the August collections (from July sales) could be even higher. Other high frequency data also indicate a rebound in economic activities.

(FE, Aug 04, 2021)

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India's services exports at USD 19.72 billion in June: RBI data

India's services exports increased 24.1 per cent month-on-month to USD 19.72 billion in June 2021, the Reserve Bank of India said on Monday. The exports stood at USD 17.35 billion in May and USD 17.54 billion in April. The RBI further said imports in June were valued at USD 11.14 billion, up 24.8 per cent on sequential basis.  The imports stood at USD 10.23 billion in May and USD 9.89 billion in the previous month. The RBI said monthly data on services are provisional and are likely to undergo revision when the Balance of Payments (BoP) data are released on a quarterly basis.

(ET, Aug 02, 2021)

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CCI Chairman Ashok Kumar Gupta: Digital markets lately have become ‘centres for unchecked dominance’

Digital marketplaces have become “centres for entrenched and unchecked dominance,” the chairperson of the competition regulator said on Thursday, noting that unfair “platform-to-business rules” and unequal bargaining power between digital platforms and businesses could result in exploitation. The Competition Commission of India (CCI) is currently investigating allegations of anti-competitive conduct by online platforms including Amazon, Flipkart and MakeMyTrip. Google is currently facing three separate CCI investigations into its conduct in the Smart TV, mobile operating system and online payment platforms spaces. “While there is no doubt that digital markets are the epicentres of technological progress in innovation, lately they have become centres for entrenched and unchecked dominance,” said CCI Chairman Ashok Kumar Gupta at a virtual event organised by the Center for the Digital Future (CDF).   

(The Indian Express, Aug 02, 2021)

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Amazon announces Great Freedom Festival sale: Deals offered on smartphones, laptops, applianc

Amazon India has announced the Great Freedom Festival which will start from 5 August and will go on until 11:59 pm on 9 August. The e-commerce website will be curating deals on different product segments including mobile phones, electronics, laptops, cameras, fashion & beauty essentials, home & kitchen, TVs & appliances as well as on daily essentials, groceries, Amazon Business and more. Amazon India has announced the Great Freedom Festival which will start from 5 August and will go on until 11:59 pm on 9 August.

 (Mint, Aug 02, 2021)

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MSME

Rising raw material prices force MSME secondary steelmakers to shut shop

Several secondary steelmakers from Jharkhand, Maharashtra, West Bengal and Chhattisgarh are shutting shop – or on the verge of doing so. About 45% of India’s crude steel comes from secondary makers. Several companies were forced to shut shop due to the high cost of inputs and lesser access to export markets.

Source:Link  , July 31, 2021

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Parliament passes Factoring Regulation (Amendment) Bill to help MSME sector
 

The Bill, that will help the micro, small and medium enterprises (MSME) sector in the availability of working capital, was passed in the Rajya Sabha on Thursday. It was passed by the Lok Sabha on July 26.
It will provide relief to the MSME sector and help them in ensuring a smoother capital cycle and healthier cash flow, the finance minister said.

Source:Link  , July 29, 2021

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Number of MSMEs in Kerala doubled in last five years, says industries secretary Mohammed Hanish

KOCHI: The number of micro, small and medium enterprises (MSMEs) in the state has more than doubled in the last five years, said APM Mohammed Hanish, principal secretary, department of industries. He added that the main advantage of the sector is that MSMEs have been given the freedom and strength to market their own products. The growth of startups is the biggest contribution of the MSME sector to Kerala. This attracted the new generation to entrepreneurship and innovative ideas. Efforts are also being made to strengthen the MSME sector through initiatives such the Athmanirbhar package and Mudra loan.

Source:Link  , Jul 30, 2021

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SIDBI launches various MSME cluster development focused initiatives

SIDBI has been supporting MSMEs through its focused cluster development initiatives such as support for technology up gradation/modernization, skilling/re-skilling/up-skilling and market linkages.
The cluster development strategy of SIDBI has gradually evolved over a period of time and it now caters to over 600 MSME clusters through its offices and supports the entire value chain (Micro Finance, Missing Middle and Small and Medium Enterprises), the financial institution said in a statement.
Some of the unique engagements in clusters include EU Switch Asia in 18 clusters of 9 states, cluster outreach programs followed by setting up of Project Management Unit (PMU) in 11 states with thrust on clusters and state cooperation, State Rural Livelihood Missions (SRLM), Artisanal Cluster and Engagement in One District One Product (ODOP) districts of Uttar Pradesh, it said.

Source:Link  , August 09, 2021

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Information Technology & EV’s

Digital India Sale: Reliance Digital offers a plethora of gadgets to choose from

Technology and gadgets are now indispensable in our daily lives, especially since work from home has become a norm. And that’s why, in the run up to Independence Day, Reliance Digital has made the ongoing Digital India Sale even more exciting, with a slew of offers and discounts. The sale is live at all Reliance Digital, My Jio Stores and also on www.reliancedigital.in. Customers can avail a 10 per cent Instant Discount* up to Rs 3,000 on HDFC Bank cards and EMI transactions till August 16. A wallet cashback* of Rs 500 can be availed on a minimum transaction of Rs 9,999 through Paytm till August 31. One can opt for No Cost EMI* + 10 per cent cashback* up to Rs 5,000 on purchases above Rs 10,0 0 0 through ZestMoney. In addition to these benefits, special offers are available across a wide range of categories such as televisions, laptops, mobile phones and home appliances.

(ET, Aug 12, 2021)

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Students develop new 'driverless' electric car using AI in India

A group of engineering students of a city-based private university have developed a "driverless autonomous" electric four-wheeler using Artificial Intelligence (AI) with the intention of reducing accidents and deaths caused by human errors. This vehicle has been developed by the students of mechanical engineering and electronics and telecommunications branches of the MIT World Peace University. "The car is based on level-III autonomy and uses BLDC motor. A lithium iron phosphate  battery has been used to power the vehicle," Yash Keskar, one of the students, said. Another student, Sudhanshu Manerikar, said that the steering, throttle and brakes of the vehicle are controlled using a number of AI and ML algorithms, involving leader cameras, microprocessors, automated action control systems and various sensors.  This vehicle has the power of three kilowatts and takes four hours to charge. It can cover a distance of 40 kms. Such vehicles have numerous applications in agriculture, mining, transportation, and other fields, he added. Professor Dr Ganesh Kakandikar said that such electric vehicles can be used to connect metro stations to the adjoining areas, for transportation, at airports, in golf clubs, in universities, etc.

(ET, Aug 12, 2021)

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The fastest Indian tech startup to reach unicorn status is now eyeing an IPO 

Farmers in the villages around the northern Indian town of Agra struggled with meager margins on their potato harvest year after year because middlemen would pay them low prices for the crop.  But all that changed this year when a representative from Indian e-commerce firm Udaan convinced them to form a producers' organization and sell in bulk to Udaan at assured, higher prices. The company then sold the produce on its digital marketplace to retail shops and other users. Som Aggrawal, a farmer at Pentkheda village near Agra, says he is happy he got nearly 10% more via Udaan than market rates this year.

(Fortune, Aug 02, 2021)

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Hindustan Zinc to launch electric Normet SmartDrive Vehicles for mining in India

The mining industry is huge in India and while traditionally diesel-powered vehicles were used in the execution, electrification seems to have caught up here as well. Hindustan Zinc, the country’s only (claimed) producer of Zinc-lead and Silver, has signed an Memorandum of Understanding with Finland’s Normet Group Oy to introduce battery-powered service equipment and utility vehicles in underground mining. It may be noted that earlier this year Hindustan had signed an agreement with Epiroc Rock Drills AB to bring in a frontline fleet of Battery Electric Vehicles (BEV) in their underground mines. The Normet SmartDrive EVs that will be launched here includes a Spraymec, an Agitator, and a Charmec, in the first phase.  

(Express Drives Desk, July 30, 2021)

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Telecom

RedmiBook is good but Mi Notebook was great and Xiaomi needs to bring that back

Xiaomi’s sub-brand Redmi entered an all-new category on Tuesday with the launch of Redmi RedmiBook Pro and RedmiBook e-Learning Edition in India. Yes, Xiaomi had launched a few laptops last year but came from its premium Mi sub-brand while the new machines are the first from the house of Redmi. Those who have followed Xiaomi would know that it targets more budget conscious users with the Redmi sub-brand and the new RedmiBook series is an example of the same. Both new laptops come with 11th-generation Intel Core processors and have up to 512GB SSD storage. They are designed keeping in mind early stage working professionals and students learning remotely. So obviously, they have been priced accordingly as well. The Redmi Book Pro costs Rs 49,999 in India while the RedmiBook e-learning edition price starts at Rs 41,999.  In isolation, this is an excellent pricing for the features you get on the RedmiBook series. However, a closer look at the details show that Xiaomi has made a few compromises and of course, the new laptops are not as premium as last year’s Mi NoteBook 14.  

(India Today, Aug 04, 2021)

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Realme to start export of India-made smartphones to Nepal from Q3

Tech major Realme on Monday said it will begin exporting India-made smartphones to Nepal in the third quarter of 2021. Realme Vice President and India and Europe Chief Executive Officer Madhav Sheth will spearhead the brand's presence and business operations in Nepal while continuing to lead the India and Europe growth story for the company, a statement said. "With localisation and innovation at its core, Realme sees Nepal as a critical market and will expand its presence in the Nepal smartphone market in order to meet consumer needs. Realme wants to democratise the most cutting-edge technology of smartphones and AIOT products in Nepal and make them available in all price segments for consumers," it added. Realme is among the top four smartphone brands in markets like India, Czech Republic, and Greece.  In India, Realme - with a 14.6 per cent market share - ranked fourth in the tally of top smartphone companies in the June 2021 quarter, behind Xiaomi, Samsung, and Vivo. Over 33 million smartphones were shipped in India in the second quarter of 2021, according to research firm Counterpoint.

(ET, Aug 02, 2021)
 

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Defence & Solar

ACME Solar raises $334 million via offshore green bonds

Indian developer Acme Solar today announced it had successfully priced its inaugural green bond, raising $334 million at a coupon rate of 4.7% per annum with a five-year maturity. The amount will be used to finance Acme’s twelve operating solar assets with a combined capacity of 450MW (or 605 MWp) in eight Indian states.   “Twelve projects of ACME Solar Holdings Private Limited (ACME) today agreed to a debt funding of approx. $334 million via US dollar-denominated green bonds that were successfully priced today,” Acme announced today. The proceeds of the bonds will be used for the subscription to non-convertible debentures (NCDs) denominated in rupees to be issued by these entities.  The issue was oversubscribed by over three times. The geographical split of the investors included APAC 56%, EMEA 22%, and North America/LATM regions 22%. The bonds will list on Singapore Exchange Securities Trading Ltd. ACME Solar is now a 4.8 GWp solar-focused platform supported by partners such as Norway’s Scatec, IFU, Unops, and Brookfield. Its 4.8 GWp portfolio includes 2.2 GWp of operational capacity and another 2.6 GWp under construction.

(PV Magazine, July 30, 2021)

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CESL, HPCL sign agreement on EV charging infrastructure

Convergence Energy Services limited, an arm of Energy Efficiency Services Limited (EESL), will set up electric vehicle charging points at Hindustan Petroleum Corporation Limited outlets in major cities including Mumbai, Delhi, Bengaluru, Hyderabad, Chennai, Kolkata, and Pune. The two partners are also identifying major highways across India where adequate charging infrastructure can be installed. Convergence Energy Services Limited (CESL), a wholly-owned subsidiary of Energy Efficiency Services Limited (EESL), has signed a ten-year agreement with Hindustan Petroleum Corporation Limited (HPCL) to set up electric vehicle charging infrastructure in selected retail outlets in several cities across the country. Under the agreement, CESL and HPCL will jointly undertake the setting up of EV charging points in Mumbai, Delhi NCR, Bengaluru, Hyderabad, Chennai, Kolkata, and Pune.  These charging points will have one or more types of chargers with fast, slow, or moderate speed capacity.

(PV Magazine, July 30, 2021)

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New made-in-India BGauss electric two-wheelers to be launched this year

Folks, let us start the day with some good news -- at least for the Indian automotive industry. Home-grown EV manufacturer, BGauss has announced that it will launch not one, but two made-in-India electric scooters in the country this year. The company explained its decision is driven by the success of its other EVs in the market: BGauss B8 and BGauss A2. It explained the overwhelming response to its debut electric scooters encouraged it to expand its existing portfolio with the addition of two new 100% made-in-India e scooters, which will happen in Q4, 2021. BGauss added it also "strengthened" its manufacturing facility in Chakan, Pune to envision and design its new range of electric scooters.  BGauss currently offers B8 and A2 electric scooters in India; the B8 makes use of a 1.9 kW motor with 94.6 Nm of peak torque and offers a top speed of 50 km/h and a riding range of 70 km.

(Times Drive, July 30, 2021)

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Electric Vehicle industry set to witness boom in India: 10 attractive stocks to watch out for : Electric Vehicle Stocks India

Electric vehicles are gaining widespread recognition in India. Alarming rates of emission and skyrocketing fuel prices are driving the adoption of electric vehicles among the masses and therefore EV stocks are the hottest trend. Finding the one to ride the trend could be a daunting task as several companies have yielded great wealth and their valuations have increased manifolds. When it comes to EVs, it is not only the carmaker but the industry that is composed of companies focused on its components.

(India TV, July 30, 2021)

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UP Defence Corridor attracts investments from 55 companies

Uttar Pradesh is getting all set to become self-reliant in the manufacturing of defence equipment in the future. Since the time the setting up of the UP Defence Corridor has been announced, in the last three years the state government has received proposals from around 55 big companies in the defence sector. According to an official release issued by the State Government on August 4, 2021, the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) has allotted 55 acres of land to the 19 firms. These companies will be establishing their manufacturing units at the cost of Rs 1,245 crore and will provide employment to thousands of people. The announcement of setting up the Defence Corridor was announced by Prime Minister Narendra Modi at the Investors Summit in 2018 and Jhansi, Agra, Kanpur, Lucknow, Chitrakoot, and Aligarh were identified as Defence Corridor nodes. In 2020, on the sidelines of the DefExpo in Lucknow, MoUs worth Rs 50,000 crore were signed by the domestic and foreign companies in the defence sector.

Source: Link

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Tata Advanced Systems to make Boeing 737 fan cowls in Hyderabad

Tata Advanced Systems (TASL) on Friday said it has been awarded a contract for manufacturing and supply of Boeing 737 fan cowl, at its facility in Hyderabad.

The company in a release said it will be supplying 50% of the monthly requirements from FY-2025. Managing Director and CEO Sukaran Singh said the contract was bagged amid global competition. “The award of the strategic 737 fan cowl structures to TASL is a testimony to the strong relationship between Boeing and TASL,” he said. Fan cowl doors provide an aerodynamic surface over the fan case of the engine between the inlet and the thrust reverser and protect engine mounted components and accessories. There are two fan cowl doors (left and right) around each engine that can be opened to provide access for service and maintenance of the engine components and accessories on the fan case of the engine, the company said.

Source:Link

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Consumer Electronics

Make this Onam Special with Samsung Offers; Get up to 25% Cashback On TVs & Digital Appliances, Easy EMIs & Exciting Deals

To ensure a consumers’ safety, Samsung offers contactless buying experience through AR Demos that allow consumers to experience the product virtually in their homes, check product dimensions and make informed decision. Consumers can also take an appointment to visit a store, get a live video demo of their favorite products or make online purchases directly from their nearest retail stores. These benefits can be availed on purchase of select Samsung consumer electronics products such as Samsung QLED TVs, French Door and Frost Free Refrigerators, select Front Load and Top Load Washing Machines, Microwaves and Air Conditioners.  During the sale, Samsung is offering free soundbars of up to INR 1,04,900 on select QLED TV, UHD TV and the Lifestyle TV range. Customers can also avail cashback of up to 20% on various TV models in the range along with easy and attractive EMI offers starting as low as INR 990 and three-year warranty on the purchase of select 32 inch (and above) televisions.

(Samsung Newsroom India, Aug 02, 2021)

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FORTHCOMING EVENTS &  GENERAL INFORMATION 

 Overseas Shows

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Note : Since this information is subject to change, especially in view of the spread of the coronavirus, all those interested are advised to ascertain the details from the organisers before making any commitment.

Domestic Shows  

Note : Since this information is subject to change, especially in view of the spread of the coronavirus, all those interested are advised to ascertain the details from the organisers before making any commitment.

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ELCINA EVENTS, ACTIVITIES & SERVICES

Registration Link : https://virtualconnect.chkdin.com/registration/40645808

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Glimpses of 2nd Southern Region Webinar

“Roadmap for Components in Automotive Electronics”

23rd July, 2021

Session on : Opportunities for Sourcing in Automotive Electronics

Mr. Srinivas Aravapalli, CEO, Blue Binaries Engineering Solutions Pvt. Ltd.
Mr. Barkathulla Khan, Senior Director- Asia Operations, Visteon Corporation
Panel Discussion : Human Resources for High Tech Manufacturing – ESDM requires Affordable & Skilled Manpower
Session Moderator : Mr. N Ramachandran, Past President ELCINA & MD, Mel Systems & Services
Dr. Sreeram Srinivasan, CEO, Syrma Technology Pvt. Ltd.	Mr. Sasikumar Gendham, MD, Salcomp Manufacturing India (P) Ltd.
Mr. Sajan P David, VP and Business Head, Amara Raja Electronics	Esteemed Speakers

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EMSIF                                                                             

ELCINA Micro & Small Industries Forum (EMSIF)

The Executive Committee of ELCINA has decided to establish a Micro & Small Industries Forum (MSIF) with the objective to focus on strengthening and growing our Micro and Small industries to the next level.

     EMSIF Marketing Booklet

 For more details about the Forum please contact:

Rajesh Rawat

Manager – Events & CKM

Cell: +91 9911445890

Email: rajesh@elcina.com / support@elcina.com

 

Prachi Naphade

Executive –  Projects, Research and Communication

Email:prachi@elcina.com

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ELCINA PRODUCT DISPLAY CENTRE at  ELCINA HOUSE

The 'OSRAM DISPLAY CENTRE' in ELCINA House is a permanent Display Centre and serves to showcase the Indian electronics industry to visitors. The Display Centre has now 11 Full Stalls and 4 Half/Mini Stalls, presently occupied by the following Member-companies:-  

Two full stalls are currently available at present and interested members may kindly contact ELCINA House, New Delhi (saly@elcina.com) for advance booking of the same.

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PUBLICATIONS

ELCINA EMS Task Force Report:

(recently Launched by Mr. Ajay Sawhney, Secretary, Min. of Electronics & IT)

ELCINA constituted a Task Force to study the EMS Sector and come up with a Research Report providing details of the status and prospects of this ESDM segment. The task force had representation from MeitY & Invest India. The EMS Task Force commenced deliberations in July 2020 and concluded the same in November, coming up with valuable details such as the sector’s current size, growth potential, exports and policies which impact its progress. 

The Task Force findings are compiled in the form of a report. As per report, globally EMS sector was valued at US$ 832 Bn in 2019 and estimated to grow to US$ 1055 Bn by 2025. ELCINA predicts that the Indian EMS industry will gallop from US$ 23.5 Bn in 2019-20 to US$ 152 Bn by 2025. This effectively means that it has the potential to grow from <3% of the global industry to about 14% within 5 years.

For enquiries and ordering the reports, please call: Ms.TandraMajumder at +91 (011) 26924597, 26928053

“Indian Printed Circuit Board Industry & Market Research Report

The evolution of miniaturization and sub-miniaturization in the design of electronic equipment led to the emergence of a new technique of inter-component wiring and assembly known as the printed circuit board (PCB). This technology has now become the backbone of electronic devices. They provide the required mechanical support structure and electrical connect for the circuit. In addition to providing the connectivity, they also help to reduce the overall size and enhance the efficiency of the device.

• By 2020, the electronics market in India is expected to increase with a CAGR of 25.1 per cent to USD 400 billion from USD 104 billion in 2015

• Currently only 35% of this demand is currently being met by local manufacturers. And for the rest 65%, India is still dependent on imports.

• Hence, PCB- being the backbone of electronics holds a huge demand in India - Current demand of USD 2.01 Billion represents the demand based on the total PCBs (which includes both the bare board PCBs and the populated PCBs)

• Current market size for bare PCBs is USD 1.2 Billion - Only 30% of this demand for bare PCBs is currently being met by local PCB manufacturers. And for the rest 70%, India.

You may order the same from by following the below link;

http://elcina.com//new_publication.php

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“Opportunities and Challenges in the Strategic Electronics Sector, with special focus on MSMEs”. 

We are pleased to inform you that, a Special Report (update 2016) has been prepared by ELCINA on “Opportunities and Challenges in the Strategic Electronics Sector, with special focus on MSMEs”.  This Report involved detailed research & discussions with varied stakeholders from Defence Sector. It provides updated information as well as recommendations for next steps for Strategic Electronics and policy changes that we believe are required to take the Defence Electronics Sector to new heights. The updated report was released during Strategic Electronics Summit 2016.

This Study provides on insight into the Defence Electronics eco-system in India and is a guide, both for the industry as well as the defence establishment to chalk out a path to success in this important sector. You may order the same from by following the below link

http://elcina.com//new_publication.php

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 Super Capacitor-Market Landscape Study

A Supercapacitor or Ultracapacitor is a charge storage device that stores electrical charges via electrochemical & electrostatic processes and has an unusually high energy density when compared to common capacitors. Due to their beneficial properties like fast charging ability,

superior low temperature performance, long service and cycle life, and reliability, Supercapacitors hold the potential to replace or complement traditional batteries and capacitors in several applications. Supercapacitors are already being used world   wide in number of applications ranging from automotive, renewable energy to electronics. For more details you can visit below link:

http://elcina.com//new_publication.php

For enquiries, call Ms.Tandra Majumder,
ELCINA HOUSE, 422 Okhla Industrial Estate, Phase III, New Delhi - 110 020.

Tel: +91 (011) 41615985, 41011291; Fax: +91 (011) 2692 3440;
Email: tandra@elcina.com  or info@elcina.com

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