TOP
Intel helping Jio
transition from 4G to 5G: India MD
US-based chipmaker Intel said that it is
helping Reliance Jio make the transition from 4G
to 5G as part of their 5G infrastructure deal.
Intel and Jio are collaborating in the areas of
5G radio, core, cloud, edge and artificial
intelligence. �...our collaboration spans those
areas, and it's co.innovation. So, we have got
our engineering and business unit teams working
closely with Reliance Jio in those areas. And we
are committed towards helping customers and
partners like Reliance Jio to make the
transition from 4G to 5G,� Prakash Mallya, vice
president and MD of sales, marketing and
communications group at Intel told ET. Intel�s
investment arm, Intel Capital, had in 2020
invested Rs 1,894.50 crore to buy a 0.39% equity
stake in Jio Platforms. �I would only say that
Reliance Jio as a customer and as a partner is
one of the most innovative telecom service
providers around the world. So, we are committed
to collaborating with them to move the cause of
evolution of 4G to 5G on edge, on network as
well as on cloud,� he added. Intel said that
several components need to come together for the
entire electronics ecosystem in India and
semiconductor manufacturing is a part of it.
(ET, July 21, 2021)
TOP
POLICY SCAN
E-commerce draft policy &
recommended changes
Earlier this month, online retailers had raised
concerns about the draft e-commerce rules with
government officials and sought more time to
suggest changes. As the deadline to submit
feedback comes to an end, we bring you all the
suggestions given by industry groups. We here
at ETtech have been closely tracking all the
important developments around the much-talked
and debated draft proposals for e-commerce in
India. Today, we are reporting on all the
recommendations from top industry groupings like
US-India Strategic Partnership Forum (USISPF),
Internet and Mobile Association of India (IAMAI),
IndiaTech and Rashtriya Swayamsevak Sangh (RSS)
affiliate Swadeshi Jagran Manch (SJM) which were
submitted on Wednesday. What�s worrying the
industry? They say the recommendations in the
draft policy are not under the purview of the
Department of Consumer Affairs. Changes
suggested like inclusion of �related parties�
and logistics service providers within the
definition of an e-commerce entity, ban of flash
sales and mandatory listing of local
alternatives while selling imported goods or
services will hurt the sector, they say.
(ET July 22, 2021)
TOP
INDUSTRY SCAN
General
RLG India flags off e-waste initiative
TO eliminate the problems of e-waste, RLG India,
a subsidiary of Reverse Logistics Group (RLG),
Germany, has announced Clean to Green on Wheels
initiative. The event was recently inaugurated
by Neetu Kumari Prasad, Member Secretary,
Telangana State Pollution Control Board. Under
this programme, nine mini commercial vehicles
are set to travel one lakh kilometer across the
country with an objective to reach out to a
diverse audience including school students,
corporations, bulk consumers, retailers,
resident welfare associations (RWAs), dealers,
informal sector, and healthcare providers, to
spread the word about the Dos, Don'ts and
hazards associated with e-waste. It aims to
cover a total of 326 schools, 188 RWAs, 134
office clusters/bulk consumers, 176 retailers,
156 informal sectors, and four healthcare camps
via on ground workshops apart from over 4,000
collection program activities.
(Hans India, July 24, 2021)
TOP
Allegations of
surveillance on specific people has no concrete
basis or truth: Government
Amid reports of snooping of prominent citizens,
the Indian government said that allegations of
surveillance on specific people has no concrete
basis or truth associated with it whatsoever. In
response to journalists' queries on snooping of
prominent citizens, Additional Secretary,
Electronics and Information Technology, Rajender
Kumar said: "India is a robust democracy that is
committed to ensuring the right to privacy to
all its citizens as a fundamental right. In
furtherance of this commitment, it has also
introduced the Personal Data Protection Bill,
2019 and the Information Technology
(Intermediary Guidelines and Digital Media
Ethics Code) Rules, 2021, to protect the
personal data of individuals and to empower
users of social media platforms."
(The Indian Express, July 19, 2021)
TOP
�Govt committed to right
to privacy�: India�s response over Pegasus hack
India is a �robust democracy committed to
ensuring the right to privacy to all its
citizens as a fundamental right�, the government
said in response to some of the media
organisations that reported on Sunday a
surveillance operation targeting politicians,
journalists and activists. A consortium of 17
media organisations, including The Guardian, The
Washington Post and India�s The Wire, said a
phone hacking software known as Pegasus was used
to target potentially thousands of people around
the world. The software is made by Israel-based
NSO Group, which said it only supplies to
government clients. In its response published by
The Guardian, The Indian government termed the
reports a �fishing expedition� and said there is
no concrete basis or truth associated with the
claim that there was government surveillance on
specific people.
(HT, July 18, 2021)
TOP
Texas A&M: Doctoral
Student Bridges Gap Between Electronics And
Optics
According to the United Nations�
telecommunications agency, 93% of the global
population has access to a mobile-broadband
network of some kind. With data becoming more
readily available to consumers, there is also an
appetite for more of it, and at faster speeds.
Ramy Rady, doctoral student in the Department of
Electrical and Computer Engineering at Texas A&M
University, is working with Professor Kamran
Entesari, his faculty advisor, and Professor
Christi Madsen to design a chip that can
revolutionize the current data rate for
processors and technologies such as smartphones,
laptops, and more. Professor Sam Palermo is also
involved with the project. Photons are very fast
� moving at the speed of light.
(India Education Diary, July 24, 2021)
TOP
MSME
Amazon sets up its first
Digital Kendra in Surat to onboard MSMEs
Amazon India announced the launch of its first
Digital Kendra on Thursday in Surat, Gujarat. As
physical resource centers, these kendras will
offer MSMEs the opportunity to learn more on
e-commerce and avail services such as shipping
and logistics support, digital marketing
services, GST and taxation support to kickstart
their journey as digital entrepreneurs.
It will provide local partners additional
revenue streams while creating greater awareness
and understanding of e-commerce, understanding
the exports markets, and offer MSMEs the tools
to expand their business. Amazon Digital Kendra
will also present the opportunity for MSMEs to
avail onboarding services if they are interested
in registering as sellers on Amazon.in or
engaging with other Amazon programmes such as
Amazon Global Selling, Amazon Pay, Amazon
Karigar, Amazon Saheli, I Have Space and Amazon
Easy.
Source :
Link
TOP
MSME Secretary calls for
evaluating extent of damage due to pandemic
NEW DELHI: MSME Secretary B B Swain on Friday
called for evaluating the extent of damage of
the pandemic on the sector and COVID-19 response
policies of the government for safeguarding
them. He also has emphasised upon the
formulation of a future roadmap to accelerate
growth of the MSME sector post COVID-19 and a
guide towards creating a business environment
for their benefit. He said that while addressing
the BRICS nation's vision of Post-COVID-19
Roadmap for 'the growth-accelerating sector'.
The BRICS partners appreciated the activities
planned by India, being timely and relevant in
the current context and expressed their support
for working together on the various initiatives
proposed by India.
Source :
Link
TOP
Over 13 lakh MSME loan
accounts restructured by public sector banks:
Rane
NEW DELHI: As many as 13.06 lakh MSME loan
accounts with an aggregate amount of Rs 55,333
crore have been restructured by public sector
banks till June 25 this year, Parliament was
informed on Thursday. MSME minister Narayan Rane
also said that till July 2, Rs 2.73 lakh crore
have been sanctioned under the Emergency Credit
Line Guarantee Scheme.
In a separate reply, he said since the inception
of the Prime Minister's Employment Generation
Programme, till July 9, 6,97,612 units have been
set up (including those by farmers) with MM
(margin money) subsidy of Rs 16,688.17 crore.
Source
:
Link
TOP
Information Technology & EV�s
No cyber breach in NIC
email system, Parliament told
There was no breach in the government�s official
email system maintained by the National
Informatics Centre (NIC), the Union ministry of
electronics and information technology told
parliament last week, in a stand that appeared
to contradict several cyber security incidents
in the past year. In February, HT reported on a
series of phishing mails by attackers who gained
access to NIC domain email addresses, triggering
multiple advisories by different government IT
departments warning officials against opening
attachments or links contained within them. HT
is aware of at least two people � former defence
ministry officials � whose devices were hacked
at the time. �No,� the ministry said in
response to a question by a Lok Sabha member who
asked to know �whether there was a
cyber-security breach into the e-mail system of
Government maintained by National Informatics
Centre (NIC) in the recent past.�
(HT, July 27, 2021)
TOP
Reliance Digital announces
Digital India sale
Reliance Digital is all set to launch India�s
Biggest Electronics Sale � the Digital India
Sale on July 26. The sale will be live at all
Reliance Digital and My Jio Stores and also on
www.reliancedigital.in. Customers can avail
unbeatable deals on the widest range of
electronic items and an assured 10% Cashback* on
SBI Credit Cards on a minimum transaction of Rs.
10,000/- from July 22 to August 5, 2021. They
can save up to Rs. 5,000/- on SBI Credit card
transactions. The offer is also available on SBI
Credit Card EMI transactions. Special offers are
available across a wide range of categories such
as Televisions, Home Appliances, Mobile Phones,
Laptops and Accessories.
(Free Press, July 27, 2021)
TOP
HP Victus gaming laptop
series LAUNCHED in India: Check Price,
Availablity, Specs, Features
Tech giant HP has launched its next-generation
mainstream gaming PC portfolio Victus by HP in
India. The new gaming notebook range comprises a
16-inch unique laptop design in two attractive
colors, Mica Silver and Performance blue, ideal
for both casual and experienced gamers. The The
Victus by HP E series laptops powered by AMD
Ryzen Processor start at Rs 64,999 and would be
available on Amazon India, while Victus by HP D
series laptops powered by Intel 11th Processor
starts at Rs 74,999. It will be available on
Reliance digital stores in the coming weeks. "We
are on the cusp of a major gaming boom in India
based on the rising popularity of gaming
witnessed in the last few years. For youngsters
in India, gaming is increasingly becoming a
passion point like music or any other sport," "
Vickram Bedi, Senior Director (Personal
Systems), HP India Market, said in a statement.
(Zee Business, July 26, 2021)
TOP
Harnessing Technology For
Government-Citizen Connect: Rajendra Kumar,
MeitY
�India has made it to the top 10 in the Global
Cyber-security Index (GCI) 2020 launched by the
International Telecommunication Union (ITU) on
June 29, 2021, moving up 37 places to rank as
the tenth best country in the world on key
cyber-safety parameters. Further, India has been
ranked fourth in the Global Cyber-security Index
2020 in the Asia-Pacific region with an overall
score of 97.50. India is emerging as a global IT
superpower, asserting its digital sovereignty
with firm measures to safeguard data privacy and
online rights of the citizen�, asserted Rajendra
Kuma, Additional Secretary, Ministry of
Electronics and IT, Government of India in a
tete-a-tete with Poulami Chakraborty of BW
Businessworld. While technology has impacted
citizen�s life in a big way, especially during
recent times, transforming it digitally,
however, security of digital platforms is of
prime importance and calls for superior policy
implementation and attention.
(Businessworld, July 21, 2021)
TOP
India
Automotive Electronics Market to Cross $18 bn by
2027: Report
India�s automotive electronics market is likely
to cross $18 billion by 2027 � from $6 billion
in 2020 � with a CAGR of 17 per cent, a new
report said. Automotive electronics sales will
triple during the period, driven by rising
income levels and increasing customer preference
for in-vehicle digital experience. Passenger
vehicles are expected to capture nearly
two-thirds of the Indian automotive electronics
market driven by the rising usage of the
telematics control unit (TCU), infotainment and
other electronic components such as on-board
diagnostics (OBD), electronic control unit (ECU)
and anti-lock braking systems (ABS). Telematics
penetration in India remains low compared to
global standards. However, rising awareness
among people about advanced safety and
communication services, coupled with more
embedded connectivity service offerings by
automakers, will drive this market in the
future. Head-up display (HUD), blind-spot
monitoring system, auto-dimming mirror, advanced
driver assistance systems (ADAS) and automatic
transmission features remain mainstream features
for premium segment cars (cars with an
ex-showroom price of more than Rs 1,100,000).
(ELE Times, July 21, 2021)
TOP
Pegasus spyware affair
'completely unacceptable' if true: EU chief
European Commission chief Ursula von der Leyen
said Monday the spyware scandal involving an
Israeli software firm and up to 50,000
smartphone numbers was "completely unacceptable"
if true. "This has to be verified, but if it is
the case, it is completely unacceptable," she
told reporters in Prague. Media outlets
including The Washington Post, The Guardian and
Le Monde drew links Sunday between the
Israel-based NSO Group, accused of supplying
spyware to governments, and a list of tens of
thousands of smartphone numbers, including those
of activists, journalists, business executives
and politicians around the world. Von der Leyen,
who was in Prague to present a Czech post-Covid
recovery plan worth 7 billion euros ($8.2
billion) approved by the EU, slammed the alleged
attack on journalists' phones.
(ET, July 20, 2021)
TOP
Digital India BOOST! Map
services in UMANG App: Now find Mandis, Blood
Banks and much more in a click; navigate through
visual, voice directions too
Ministry of Electronics and Information
Technology (MeitY) has taken various initiatives
in the recent past to ease the lives of citizens
by facilitating online delivery of Government
services. To further enhance the initiatives of
Digital India Programme, and keeping in view the
theme of �Aatmanirbhar Bharat�, MeitY has
enabled map services in UMANG App through an MOU
with MapmyIndia. As a result of integration of
UMANG with MapmyIndia Maps, citizens will be
able to find government facilities nearest to
their location, such as mandis, blood banks and
much more, at the click of a button. They will
also be able to see these on the most detailed
and interactive street and village level maps of
India, built by MapmyIndia. People will also be
able to view the driving distance, get
directions and turn by turn voice and visual
guidance to locations, including traffic and
road safety alerts during navigation, through
the linkage between UMANG App and MapmyIndia.
(Zee Business, July 19, 2021)
TOP
Telecom
DoT can't revoke RCom's licenses for 10 more
days: High Court
The Delhi High Court has directed the Department
of Telecommunications (DoT)
not to revoke Reliance Communications (RCom)
telecom licenses for another 10 days and has
asked the defunct telco to approach the
dedicated bankruptcy court for relief. DoT on
Tuesday told the court that RCom is a "dead
horse that is getting beaten to revive it unlike
other telcos which still have their licenses
valid." "I am of the view that the only remedy
for the petitioner is to approach the NCLT...Accordingly,
while permitting the withdrawal of the petition,
the interim arrangement as directed on 19th July
2021 will continue for a period of 10 days,"
said Justice Rekha Palli. The court's directions
on Monday will be of slight relief to Rcom's
resolution professional Deloitte, since the
company's 20 licenses were due to expire on July
19 and DoT had refused to renew it. RCom was
seeking an interim order from the court to
prevent DoT from cancelling its licenses which
would have meant that it would have to surrender
its most valued asset - spectrum - to the
government, virtually killing its resolution
process under IBC.
(ET, July 20, 2021)
TOP
Ceragon says received
follow-on orders of over $35 million in Q2 as
Indian telcos prepare for 5G rollout
As per the company, the spectrum auction
conducted in March, the Covid-19 pandemic that
necessitated work-from-home and study-from-home
practices, as well as, preparations to support
5G roll out served as the driving factors for
operators to expand their networks. 5G wireless
transport solutions provider Ceragon said it has
received follow-on orders from tier-1 telcos in
India, totaling over $35 million in Q2 as telcos
prepare for the fifth-generation network rollout
expected in 2022. "With 5G auctions planned for
the first half of 2022, mobile operators in
India are taking swift action and preparing
their networks to be 5G-ready. Ceragon is
excited to be an integral part of India's 5G
evolution,� said Doron Arazi, CEO of Ceragon
Networks.
(ET, July 20, 2021)
TOP
Defence
& Solar
Rajasthan Electronics
Issues O&M Tender for 2 MW of Solar Projects in
Jaipur
Rajasthan Electronics and Instruments Limited (REIL)
issued a notice inviting tender for the
operation and maintenance (O&M) of
grid-connected solar photovoltaic (PV) projects
of 2,000 kW installed in Rajasthan. The last
date for submission of bids is August 12, 2021,
and the bids would be opened on August 13. The
contract period of the project, located in
Jaipur, is two years and could be extended
further. The contract is effective from the day
of its execution and would continue until the
commissioning and hand over the project to the
beneficiary and is renewable as per mutual
agreement. The project capacity may vary from 10
kW to 1,000 kW. The winning bidder will supply
material (including REIL solar PV modules) from
their warehouse for installation work at the
site and would continue to be responsible for
their safe custody until they are installed in
position, tested, commissioned, and handed over
to beneficiaries. The successful bidders must
clean the solar PV modules once a week or as per
the requirement to maintain a 15% capacity
utilization factor (CUF) of the project and
submit a monthly CUF certificate to REIL. The
equipment to clean modules will be arranged by
the winning bidders, including water, PVC
pipeline, tap, and motor.
(Mercom India, July 26, 2021)
TOP
India flight tests new generation surface-to-air
Akash missile
India on Friday successfully flight tested the
New Generation Akash (Akash-NG) missile from the
Integrated Test Range, Chandipur, off the Odisha
coast, DRDO sources said.
The test was carried out by Defence Research and
Development Organization (DRDO) against a
high-speed unmanned aerial target which was
successfully intercepted by the missile. The
surface-to-air missile was also successfully
flight-tested two days ago from the same launch
ground of ITR at Chandipur near here, sources
said. The flight trial was conducted from launch
pad 3 of the ITR with all weapon system elements
such as Multifunction Radar, Command, Control
and Communication System and launcher
participating in deployment configuration, they
said. �The missile, equipped with a radio
frequency seeker, successfully intercepted a
high speed unmanned aerial target,� a DRDO
spokesperson said. On July 21, the missile was
flight-tested without the seeker, meeting all
the mission requirements. high maneuverability
required for neutralising fast and agile aerial
threats, sources said.
(ET, July 23, 2021)
TOP
American AH-64 Apache combat helicopter gets
made in India Fuselage
From its state-of-the-art manufacturing facility
in Hyderabad, Tata Boeing Aerospace Limited (TBAL)
on Friday announced the delivery of the 100th
fuselage for the AH-64 Apache combat helicopter
to Boeing. This has been accomplished within
three years of the Telangana based facility
being operational and has placed it as part of
the global supply chain for Apache helicopters.
This fuselage is going to travel from India to
Boeing Company�s AH-64 Apache manufacturing
facility in Mesa, Arizona, where it will be
integrated into the final assembly line. This
joint venture is the American aerospace giant�s
first equity joint venture in India and it is a
result of a 2015 partnership agreement with TASL.
The state of the art facility in Hyderabad is
spread over 14,000 square meters, and has been
producing aero-structures for Boeing�s AH-64
Apache helicopter. Besides the fuselages, these
include secondary structures and vertical spar
boxes which are meant for the global customers.
(FE, July 23, 2021)
TOP
Tata Boeing Aerospace
delivers 100th Fuselage for Apache Combat
chopper from Hyderabad facility
Tata Boeing Aerospace Ltd (TBAL) on Friday
announced the delivery of the 100th fuselage for
production of AH-64 Apache combat helicopters
from its manufacturing facility in Hyderabad.
The fuselage will be transported to Boeing�s
manufacturing facility for AH-64 Apache in Mesa
in Arizona for integration into the final
assembly line. TBAL, a joint venture between
Boeing and Tata, has been delivering Apache
fuselages since May 2018. President of Boeing
India Salil Gupte said that the TBAL is an
example of Boeing�s commitment towards
Aatmanirbhar Bharat (self-reliant India)
initiative and the co-development of integrated
systems in aerospace and defence not just for
India, but for the world. �We have quadrupled
our sourcing from India in the past two years to
more than USD 1 billion. Skilled talent, robust
infrastructure, ease of doing business, and a
highly responsive government administration make
Telangana an ideal destination for the high-end
manufacturing work,� he said.
(FE, July 23, 2021)
TOP
Make in India: RFP for
conventional submarines under Project 75 (I)
finally issued
The submarines to be made in India under
Strategic Partnership Model (SP) is going to
cost over Rs 40,000 crore and will be fitted
with Fuel-Cell based AIP (Air Independent
Propulsion Plant). The long awaited Request for
Proposal for six conventional submarines under
Project 75 (I) has finally been issued to two
shortlisted Strategic Partners � M/s Mazagaon
Dock Shipbuilders Limited (MDL) and M/s Larsen &
Tubro (L&T). The submarines to be made in India
under Strategic Partnership Model (SP) is going
to cost Rs 43,000 crore and will be fitted with
Fuel-Cell based AIP (Air Independent Propulsion
Plant). As has been reported by Financial
Express Online in March 2021, the SPs to whom
the RFPs have been issued will be collaborating
with any of the shortlisted Foreign OEMs
including: M/s Naval Group of France (is already
working on the `Scorpene� class subs under
Project 75); M/s TKMS of Germany (Type 218
Invincible Class); M/s JSC ROE of Russia (Amur
Class); M/s Daewoo Shipbuilding and Marine
Engineering Co Ltd of South Korea (KSS-3
submarine); and M/s Navantia of Spain (S-80
Issac Peral class). According to an official
statement issued by the Ministry of Defence on
July 20, 2021, these five companies are world
leaders in the field of conventional submarine
design and construction as well as other related
technologies.
(FE, July 22, 2021)
TOP
HAL is all set to respond
to Royal Malaysian Air Force�s RfP for LCA
By the end of September 2021, the
state-owned Hindustan Aeronautics Limited (HAL)
is expected to respond to a Request for Proposal
(RfP) from the Royal Malaysian Air Force (RMAF).
The Malaysian Air Force has sent out a global
request for low-cost light fighter aircraft.
Speaking on condition of anonymity, a top
officer has confirmed to Financial Express
Online �The Company will be responding to the
RfP from RMAF for the Light Combat Aircraft (LCA)
`Tejas�. And it has to be sent at the end of
September.� As has been reported earlier this
year, on the sidelines of the 13th edition of
Aero-India, R Madhavan, chairman of Hindustan
Aeronautics Limited (HAL), has told Financial
Express Online that �Several Southeast Asian and
Middle East countries evinced interest in the
indigenous LCA `Tejas� Mk 1A fighter aircraft.�
(FE, July 21, 2021)
TOP
Consumer Electronics
Consumer durables
Companies see massive uptake in premium category
Top consumer durables companies including LG,
Panasonic and Godrej Consumer Products are
seeing a significant uptick in demand for
premium products. As people stay at home for
longer lengths of time it is not just housework
appliances that are seeing an upgrade, rather
people want their time at home to be replete
with comfort. Suguru Takamatsu, Divisional Head,
CSD, CE, Panasonic India said, �Confined within
homes, consumers are now opting for value
proposition products that help them multi-task
while adding comfort, convenience, connectivity
and now, safety.� � This is why, for LG, the
contribution of premium appliances is currently
in double digits, with a gradual rise in demand
for their appliances across their smart 4K TVs
(43 inches and above), connected range of ACs (HU
series), refrigerators (400 litres and above)
and washing machines (8kgs or above). During
April 2021, complaints of online e-commerce
platforms running out of stock of high-end home
care gadgets were common. With
upper-middle-class working professionals being
forced to work from home, without household
help, the working elite brandished their cheque
books to make their housework more efficient.
(BusinessLIne, July 25, 2021)
TOP
�Atmanirbhar Bharat�: 4
�Made in India� Android smart TVs LAUNCHED;
Price starts at Rs. 14,999�Check details of all
four variants
With pricing starting from INR 14,999, the four
Android TV models include a 32-inch HD Ready
Cybersound Android TV, a 42-inch FHD Android TV,
a 43-inch Cybersound 4K Android TV and 55-inch
4K Android TV. In a boost to Prime Minister
Narendra Modi's Make in India Campaign, Super
Plastronics Pvt Ltd (SPPL) has manufactured four
'Made in India' Android TVs. Apparently, these
smart TVs have been launched by German consumer
electronics giant Blaupunkt, which has entered
into an exclusive licensing agreement with the
SPPL. As per the licensing contract,
Blaupunkt�s manufacturing, branding, designing,
packaging, and retailing supply chain will be
handled by SPPL, the 30-year-old manufacturer of
home-grown brands. With pricing starting from
INR 14,999, the four Android TV models include a
32-inch HD Ready Cybersound Android TV, a
42-inch FHD Android TV, a 43-inch Cybersound 4K
Android TV and 55-inch 4K Android TV. The
32-inch version is available at Rs 14,999,
powered by Android 9 is bezel-less which comes
with 40W speaker output, Edge-free sound
technology, 2 speakers, and 1 GB Ram and 8 GB
ROM to offer a smooth viewing experience. The
42- inch FHD Android TV is priced at Rs 21,999,
powered by Android 9 and includes an Ultra-Thin
Bezel, 40W speaker output, Edge-free sound
technology, 2 speakers, 1GB Ram and 8GB ROM.
(Zee Business, July 24, 2021)
TOP
Reliance Retail Q1 results: Pre-tax profit up
80% at Rs 1,941 crore
Reliance Retail reported an increase of 79.88
per cent in its pre-tax profit at Rs 1,941 crore
for the first quarter ended June 2021. The
retail arm of Reliance Industries Ltd (RIL) had
posted a pre-tax profit or EBITDA (earnings
before interest, tax, depreciation and
amortisation) of Rs 1,079 crore in the
April-June quarter a year ago. Revenue from
operations of the organised retail segment of
RIL during the quarter was at Rs 33,566 crore,
up 19.04 per cent, against Rs 28,197 a year ago.
While its gross revenue, which includes the
value of sales and services, was up 21.90 per
cent at Rs 38,547 crore in Q1/FY201-22 as
against Rs 31,620 crore of the corresponding
quarter of the last fiscal. "Net
profit for the quarter was Rs 962 crore, higher
by 123.2 per cent Y-o-Y," it added.
However, sequentially, Reliance Retail gross
revenue in April-June was down 18.09 per cent at
Rs 38,547 crore, against Rs 47,064 crore of the
January-March quarter on account of restrictions
on store operations during the second wave of
Covid-19. RIL Chairman and Managing Director
Mukesh Ambani said: "COVID-related restrictions
on store operations during the quarter impacted
our retail business operations and
profitability.
(ET,July 24,2021)
TOP
Consumer durables industry
to witness sustained growth over next few years:
Whirlpool India
With the coronavirus pandemic bringing a
fundamental shift in the relationship between
consumers and appliances as people spend more
time at home, the consumer durables industry is
expected to witness sustained growth over the
next few years, according to Whirlpool of India.
The 'work from anywhere' culture is expected to
be the 'new norm' in the post-pandemic world,
the company said there will be a greater
emphasis on making the home comfortable and
productive, leading to a focus on the role of
home appliances to enable the same. "With people
spending more time at home, we have seen a
fundamental shift in their relationship with
their home and their desire to improve life at
home," Whirlpool of India Managing Director Vishal
Bhola wrote in his address to shareholders in
the company's annual report for 2020-21.
Acknowledging that home appliances have moved
from a passive space to an active one, he added,
"They are no longer seen as luxuries or
discretionary spend but as basic necessities to
ensure the safety and comfort of the family."
(ET, July 21, 2021)
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Godrej Appliances forays into dishwashers; eyes
15% market share by end of 2021-22
Godrej & Boyce, the flagship company of the Godrej
Group, on Tuesday announced its foray into
the dishwashers market and is eyeing 15 per cent
market share by the end of this financial year
in this segment. �The pandemic has upped stress
level of consumers significantly. City-based
consumers particularly... are juggling their
office work with household chores while trying
to limit their dependence on domestic help to
avoid health risks. �This has led to a surge in
effort minimising appliances like dishwashers.
(ET, July 21, 2021)
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Havells to focus majorly
on rural markets, launch customized products
Havells is going to focus majorly on rural
markets as one of the first to do so in the
electrical goods industry by creating a
dedicated sales channel and launching customized
products, chairman and managing director Anil
Rai Gupta said. Gupta said unlike the FMCG
industry, there is no distribution channel for
the electrical industry in the rural markets
which are mostly fed from the main towns.
(ET, July 21, 2021)
|
FORTHCOMING EVENTS & GENERAL INFORMATION
Overseas
Shows
Event |
: |
Taipei International Electronics Show (TAITRONICS) |
Organiser |
: |
TAITRA/ TEEMA |
From |
: |
20-Oct-2021 |
To |
: |
22-Oct-2021 |
Venue & City |
: |
Nangang Exhibition Center, Taipei, Taiwan |
Website |
: |
https://www.taitronics.tw/ |
Event |
: |
electronica China 2022 |
Organiser |
: |
Messe Muenchen Shanghai Co., Ltd. |
From |
: |
6-May-2022 |
To |
: |
8-May-2022 |
Venue & City |
: |
Shanghai, China |
Website |
: |
https://electronica-china.com/en/
|
Event |
: |
International Electronic Circuits (Shanghai)
Exhibition (CPCA Show 2022) |
Organiser |
: |
China Printed Circuit Association (CPCA) |
From |
: |
18-May-2022 |
To |
: |
20-May-2022 |
Venue & City |
: |
National Exhibition & Convention Center
(Shanghai), China |
Website |
: |
www.cpcashow.com
|
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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
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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India
Taiwan Electronics Cooperation Meet
25th June, 2021 (Online)
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India and Taiwan share a special relationship.
ELCINA has strong ties in Taiwan and are working
closely with Taiwanese associates to support
investments and collaborations as well as market
expansion opportunities between companies to cater
to the global and Indian markets.
ELCINA
and
Institute for Information Industry (III), Taiwan
a research and industry development body under their
Ministry of Economic Affairs, organized
�India Taiwan Electronics Cooperation Meet� on
25th June, 2021. The Meet had
focused discussions on the opportunity in EV
Industry and its related Battery eco-system.
Objectives of the Event
-
Knowledge sharing by bringing all stakeholders of
Electrical Vehicles (EV�s) value chain on one
platform.
-
To share the opportunities and the current
industry status with the participating Taiwanese
and Indian industry delegates, which would
encourage them to contribute and benefit from the
emerging opportunity in EV�s.
-
Match Making
Program Details
-
A conference on �Opportunities in Indian EV�s
Market and Battery Technology to Power the EV
Industry�.
-
Pre-arranged Business to Business Meetings between
Indian & Taiwan Vendors.
-
Opportunity for informal meetings and networking.
India Taiwan Electronics Cooperation Meet
scheduled online on 25th June, 2021.
The event was
organized by Electronic Industries Association of
India (ELCINA)
and
Institute for Information Industry (III), Taiwan.
The Meet witnessed strong participation by over 300
online delegates/visitors. The Webinar / Conference
hosted eminent speakers from India & Taiwan. The B2B
witnessed keen interest with each Vendor having 4-5
meetings adding up-to over 25 meetings.
The event comprised the
following Sessions
-
Indian EV Industry & Policy Framework;
-
Taiwan Perspective on EV Vehicle Technology;
-
Energy Storage Systems for EV Industry;
-
Potential for Collaboration with Indian Companies
& Export Markets;
-
Current Status & Creation of an enabling charging
infrastructure for e-mobility in India;
We would like to thank Institute for Information
Industry (III), Taiwan, Speakers and Delegates
for wholeheartedly contributing to the success of
this event.
Glimpses of the Meet
B2B Meetings between India &
Taiwan Companies
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EMSIF
ELCINA launches ELCINA Micro &
Small Industries Forum (EMSIF) to support Micro &
Small Industries
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.
The Electronic Systems Design & Manufacturing (ESDM)
Sector is growing very rapidly and policy
support is being provided by Government to
attract large investments. At the same time
numerous Micro, Small and even Medium scale
electronics units have shut down due to
viability issues as a consequence of reduced and
zero tariffs under ITA-1 and trade barriers
which have rendered them unprofitable. MSIF is
being established to enable small units to avail
these benefits and become competitive.
The current government policies for supporting
this vulnerable segment have been found
inadequate and there benefits do not percolate
down to the Small units. Since implementation of
ITA-1 in April 2005, a very large number of
MSME�s have fallen by the wayside as they just
could not cope with the cut throat competition
they faced from imports, especially from China
and some South East Asian countries.
Membership Benefits of
ELCINA Micro & Small Industries Forum (EMSIF)
-
ELCINA Membership Benefits
-
Marketing & Promote Your Business � Domestic &
International
-
Promotion, exhibition and partnership Support
for New markets.
-
Vendor Development Meet for EMSIF Members.
-
Government Initiatives, Schemes & Funding
-
Facilitation For Government Procurement /
Approvals
-
Joint Ventures & Collaborations
-
Recognition
Through Awards
-
Networking & Mentoring
-
Regular networking opportunities through
Seminars, Webinars, Conferences and B2B forums.
-
Facilitate mentoring through interaction with
subject experts among ELCINA members as well as
Consultants/Research firms.
Exclusive
Membership offer for new Members to join EMSIF
For more details about
the Forum please contact:
Rajesh Rawat
Manager � Events & CKM
Cell: +91 9911445890
Email:
rajesh@elcina.com
/
support@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:-
Full Stalls
-
Bharat Electronics Ltd, Bangalore
-
TDK India Pvt. Ltd., Noida
-
Teknik Electromeconic Pvt Ltd, Bangalore
-
SGS Tekniks Manufacturing Pvt Ltd, Gurgaon
-
Deki Electronics Ltd, Noida
-
EMI Solutions Pvt. Ltd., Bangalore
-
Elin Electronics Ltd, New Delhi
-
Syrma Technology Pvt. Ltd., Chennai
-
AT & S India Pvt.Ltd., Mysore
|
Half/Mini Stalls
1.
Super Mount Pack Pvt. Ltd. Bangalore
2.
CTR Mfg. Inds Ltd., Aurangabad
3.
Neotec Semiconductor Ltd., Taiwan
4.
Sowparnika Thermistors and Hybrids Pvt.Ltd.,
Thrissur (Kerala)
|
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) 26924597, 26928053; Fax:
+91 (011) 2692 3440; Email: tandra@elcina.com
or
info@elcina.com
TOP
A newsletter published by
ELCINA, New Delhi. The information contained in this newsletter is
for private circulation only. Despite our best efforts, some errors
could have crept in. You are advised to verify authenticity of the
information before further use.
Electronic Industries Association of India (ELCINA )
ELCINA House, 422 Okhla
Industrial Estate, Phase-III, New Delhi 110020 (India).
E-Mails:
info@elcina.com Tel: 011-41615985,
41011291,
Website:
www.elcina.com |
|