VOL XXIV, ISSUE 07

15 April 2023

Industry Scan

     Industry launches hacking policy council, legal defense fund to support security research and disclosures.

Google and other companies will develop and stand up a pair of new initiatives that will provide policy guidance to governments and legal protection to security researchers engaged in “good faith” vulnerability research and disclosure, while the tech giant also said it would formalize an internal policy to be publicly transparent when bugs in Google products are exploited in the wild. The moves include the establishment of an industry-led Hacking Policy Council, which would be designed to bring “like minded organizations and leaders who will engage in focused advocacy new policies and regulations support best practices for vulnerability management and disclosure and do not undermine our user’s security."

Source: By Derek B. Johnson, https://www.scmagazine.com/, April 13, 2023

         INDUSTRY  SCAN                                                                           

General

RISC-V Becoming a Global Movement, India To Play A Leading Role: MoS Chandrasekhar

An emerging startup in the field of next-generation computing, Tenstorrent organised a RISC-V Technology Conference ‘Nerds Talking to Nerds’ in Bangalore recently. Present during the event, Union Minister of State for Electronics & IT, Shri Rajeev Chandrasekhar remarked that Indian startups using RISC-V have tremendous opportunities for developing products, devices and AI solutions with global companies like Tenstorrent evincing interest for collaborations. Sh Chandrasekhar, who himself is a former chip designer appreciated the initiative by chips designer Jim Keller to unveil his startup’s office in Bangalore. The government believes that the RISC-V—an open-source instruction set architecture (ISA)—is being increasingly used for innovations, particularly when it comes to emerging and rapidly developing AI solutions.

Source: By Vaishali Yadav, https://www.electronicsb2b.com/, April 07, 2023

Foxconn To Invest $820M In EV Plant in Taiwan

Taiwanese electronics contract manufacturer Hon Hai Precision Technology (Foxconn) will invest $820 million over the next three years to build a new manufacturing facility in Kaohsiung, southern Taiwan as it looks at venturing into the electric vehicles (EV) sector. The proposed facility will reportedly have plants for making electric buses and batteries for EVs. Taiwan intends to become a major player in the EV industry, with the government providing incentives to attract investment and support the development of local talent in the field. Foxconn has been eyeing the EV segment for quite a while to diversify its operations from its major Apple business. Apart from Taiwan, it has also partnered with companies in Thailand and Saudi Arabia.

Source: By Yashasvini Razdan, https://www.electronicsb2b.com/, April 11, 2023

How Recent Geopolitics Between China, Taiwan Will Affect Global Semiconductor Production, Explains US Secretary of State

A week back in a media conference, US Secretary of State Antony Blinken has stated that the escalating geopolitical scuffle between China and Taiwan is likely to have an effect on every country on the planet. Between the two nations, the crisis augmented to such a large extent that China carried out a non-stop three day military strike in the island country. Blinken also mentioned that striked in Taiwan are likely to have several security and fiscal complications in the world, but the most powerful impact will be on the production and growth of semiconductors. Chips are now one of the most essential elements of any developed country because they are the most important components of any electronic device.

Source: https://circuitdigest.com/, April 14, 2023

What Forced Samsung To Reduce Production of Memory Chips

The South Korean global electronics giant Samsung has now decided to reduce production of memory chips after the company witnessed a 96 percent decline in quarterly operating revenue. As the demand for memory chips dropped significantly after Covid and the slow pace of the international economy has spearheaded the slow sales, claims Samsung. Media reports highlighted those operating revenues of the company slumped to 600 billion won in January to March from 14 trillion won the preceding year. But the point to be noted is that although Samsung opted to slow chip production, shares escalated to more than 4 percent.

Source: https://circuitdigest.com/, April 10, 2023

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Information Technology

Down in Q1, US IT job market rebounded slightly in March: Report

Economic uncertainty coupled with widespread tech industry layoffs drove CIOs and CFOs to slow IT hiring last quarter. March was the first month this year that saw an uptick in the number of IT jobs added, according to a new report. In the first quarter of 2023, the US IT job market lost 13,700 jobs, according to management consulting firm Janco Associates. That contrasts with 51,000 jobs created in Q1 of 2022. Currently, there are now just over 4.18 million jobs for IT professionals in the US. Layoffs by tech giants including Accenture, Microsoft, Meta, and Alphabet have meant about 170,000 workers losing their jobs in the first quarter, according IT industry jobs tracker Layoffs.fyi.

Source: By Lucas Mearian, https://www.computerworld.com/, April 13, 2023

Yet more digital spies targeting iPhones exposed by security researchers

Just weeks after President Biden signed an executive order designed to prevent the US government from purchasing commercial spyware used to subvert democracies, researchers have identified yet another shameful zero-click, zero-day exploit that targeted iPhone users. This spy-for-hire ‘solution’ was sold by an Israeli firm called QuaDream. QuaDream’s attacks have been exposed by security researchers at Microsoft and Citizen Lab. QuaDream is a more secretive entity than NSO Group but shares much of the same pedigree, including being founded by ex-NSO Group employees and having connections to Israeli intelligence. Its attacks were first exposed last year, but the researchers have since found more about how these digital mercenaries worked.

Source: https://www.computerworld.com/, April 12, 2023

AI is nothing new, TCS has been working on it since 1990, says COO N Ganapathy Subramaniam

 Tata Consultancy Services (TCS), India’s largest IT services exporter, has been working on Artificial Intelligence (AI) since 1990, the company’s Chief Operating Officer N. Ganapathy Subramaniam told Business Today. Artificial Intelligence is nothing new. I think we have been at it since 1990 and it's just that it's fast maturing and it has come to a stage where everyone will use it, right? You will use it, I will use it, my children will use it. The COO also explained that currently AI has reached a stage where it has surpassed the abilities of IT workers. He further stated that the IT major has been applying AI in their products as well. He added that 95 per cent of code of TCS BaNCS is generated by prompts.

Source: By Aakanksha Chaturvedi, April 13, 2023

IT Rules Amendment Empowers Centre To Identify 'Fake News' In Social Media About Central Govt

On 6th April, 2023, the Ministry of Electronics and Information Technology (MeitY), Government of India, notified the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Amendment Rules, 2023. The 2023 amendment confers power on MeitY to notify a fact check unit of the Central Government that will identify fake or false or misleading online content in respect to any business of the Central Government [Rule 3(1)(b)(v)]. Under Section 3, one of the due diligence requirement added is that social media intermediaries (such as Facebook, Twitter) and telecom service providers shall inform the user not to host, display, upload, modify, publish, transmit, store, update or share any information in respect of any business of the Central Government, that is identified as fake or false or misleading by such fact check unit.

Source: Sohini Chowdhury, https://www.livelaw.in/, April 08, 2023

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Telecom

Apple Pledges Additional USD 200 Million for Carbon Removal Projects

Apple has announced a major expansion of its Restore Fund, which aims to support the development of high-quality, nature-based carbon removal projects. The initiative was first launched in 2021 with an initial commitment of up to USD 200 million from Apple, Goldman Sachs and Conservation International. The Restore Fund has now been expanded, with an additional fund, including new investment from Apple and a new portfolio of carbon removal projects, according to the statement released. The goal of the fund is to encourage global investment to protect and restore critical ecosystems while scaling natural carbon removal solutions to address residual emissions businesses cannot yet avoid or reduce with existing technology.

Source: By SRIKAPARDHI, https://telecomtalk.info/, April 12, 2023

Airtel 5G Plus Launched in Ladakh

Bharti Airtel, one of India's leading telecommunications services providers, just announced the launch of its Airtel 5G Plus services in the Union Territory of Ladakh. This announcement marks the region located in the Himalayas known for its stark landscapes and unique culture enabled with ultra high speed 5G services of Bharti Airtel. With this launch, the districts of Leh and Kargil get ultrafast Airtel 5G Plus services with speeds up to 20-30 times faster than the current 4G speeds. Airtel brings 5G connectivity to people in Ladakh in line with its commitment to bridging the digital divide. Now, not only Airtel customers in the region can benefit from 5G connectivity, but also tourists who flock to the region to see the scenic landscapes can enjoy the 5G connectivity and stay connected with high-speed internet services.

Source: By Source: By SRIKAPARDHI, https://telecomtalk.info/, April 12, 2023

India lacks transparency in Internet shutdowns: US advocacy group

There is a serious "lack of transparency" around the procedures adopted for manddating Internet shutdowns in India and indefinite blackouts cause huge economic losses and unreliable user experience, an US-based advocacy group said. Of the 187 shutdowns across 87 countries in 2022, India ranked top for a fifth consecutive year, according to the Shutdown Tracker Optimization Project (STOP database). The law was amended by the government that promulgates the temporary suspension of telecom services under the Public Emergency or Public Safety) Rule 2017.

Source: By Muntazir Abbas, https://telecom.economictimes.indiatimes.com/, April 12, 2023

UK government gives telecoms sector buying signal over mega-mergers

The headline news, as far as the government is concerned, is that it’s providing up to £148 million of public money to ‘boost UK’s digital connectivity’. This is comprised of ‘up to’ £100 million for 6G research, £40 million to ‘promote investment and adoption of 5G by businesses and public services’, and £8 million to help connect some remote locations to satellite broadband. But the potentially most juicy part of the announcement is contained in the following paragraph: “To help the mass adoption of 5G across the country, the strategy sets out a clear pro-investment framework for mobile network operators by driving down deployment costs and improving demand. The Government has also reconfirmed that there is no ‘magic number’ of mobile operators, whilst noting all decisions on consolidation are for the Competition and Markets Authority.”

Source: By Scott Bicheno, https://telecoms.com/, April 11, 2023

China and US ramp up AI oversight

The US National Telecommunications and Information Administration (NTIA) has launched an ‘AI Accountability Request for Comment’, to try to get a better idea of how best to impose guard-rails on the development of AI. Specifically it’s trying to work out how to allow AI to develop while mitigating the potential harms of sentient computers, belligerent robots, etc. Meanwhile, as reported by the FT, the Cyberspace Administration of China wants to have a much greater role in how AI manifests itself there. “Content generated by generative artificial intelligence should embody core socialist values and must not contain any content that subverts state power, advocates the overthrow of the socialist system, incites splitting the country or undermines national unity,” the CAC rules reportedly state, revealing much about the extent to which politics permeates everything there.

Source: By Scott Bicheno, https://telecoms.com/, April 11, 2023

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EV’s & Auto Electronics

Demand drives up India's EV sales despite policy confusion

Though uncertainty about the subsidy policy has slowed production, India’s electrical vehicles (EV) industry is being driven by robust demand. Electric vehicle sales in India crossed one million (10 lakh) in FY23, with two-wheelers contributing the bulk of sales. The Society of Manufacturers of Electric Vehicles (SMEV) said the entire EV industry sold 11,52,021 units, or 58% more than the 7,26,861 units sold in FY22. Two-wheelers contributed over 60% of sales with 7,26,976 high-speed electric two-wheelers sold. But production tapered off towards the end of the fiscal. The final sales figures were well short of the minimum target of 10 lakh EV two-wheelers in FY23 set by Niti Aayog.

Source: https://www.livemint.com/, April 12, 2023

Electric vehicle sales cross 1-mn units in India, register growth of 58%

Electric vehicle sales in India have crossed the milestone of one million units in FY23, reports The Times of India (ToI). Citing data from the Society of Manufacturers of Electric Vehicles (SMEV), the report said that overall the EV industry registered sales of 1,152,021 units. This number includes e-buses, e-cars, e-three-wheelers, and e-two-wheelers sold in the FY23. Notably, sales last fiscal year stood at 726,861 units. There has been an effective growth of 58 per cent in electric vehicle sales in the country, the report said. Two-wheelers are the biggest contributors, at 62 per cent of total EV sales in the country. A total of 726,976 e-two-wheelers were sold in FY23. Electric three-wheelers comprised the second-biggest portion of the electric vehicle sales, registering 401,841 units.

Source: https://www.business-standard.com/, April 11, 2023

Why Switzerland Decides to Terminate Exemption of Import Tax Duty on EVs

In an effort to boost the growth of electric vehicles and make it more popular among the people, the Switzerland government has now announced that from 2024, the automobile industry is likely to witness a import tax duty on EVs. Ever since electric cars made its way in the country in 1997, the import tax duty was not made mandatory. The official federal council added that the decision has been taken to tackle the low return in income from the automobile tax and it will fortify public finances in a large-scale manner. Counting the import value, the automobile tax is an impose of 4 percent and is not the final sales price of the vehicles. Now, as the volume of electric vehicles has increased over the years, the exemption is not required, feels the government. This is because the price of EVs is almost the same as the traditional IC combustion engine vehicles.

Source: https://circuitdigest.com/, April 7, 2023

Tata Motors, OLA Electric lead electric vehicle race in India

Propelled by robust growth in the two- and three-wheeler segments, electric vehicle (EV) sales surged 2.6 times in 2022-23 to cross the one million-mark for the first time ever. As per the latest numbers, 11.8 lakh EVs were sold during the last financial year. However, data shows that despite tax incentives, the sales of electric-powered passenger and commercial vehicles continue to be tepid. While EVs are making a dent in the two-wheeler and three-wheeler segments, the share of passenger cars and commercial vehicles is a meagre 4.2 per cent in the total electric vehicles sold. While entry-level conventional passenger cars cost Rs. 4-5 lakh, Rs. 6-8 lakh will be a good price range for EVs to grab a share in the market. However, that is not happening anytime soon, Singhania added. As per his assessment, it would take up to five years for the EVs to come at an affordable price.

Source: By Samrat Sharma, https://www.indiatoday.in/, April 11, 2023

U.S. proposes 56% vehicle emissions cut by 2032, requiring big EV jump

The U.S. Environmental Protection Agency (EPA) on Wednesday proposed sweeping emissions cuts for new cars and trucks through 2032, a move the agency says could mean two out of every three new vehicles automakers sell will be electric within a decacde. The proposal, if finalized, represents the most aggressive U.S. vehicle emission reduction plan to date, requiring 13% annual average pollution cuts. The EPA is also proposing new stricter emissions standards for medium-duty and heavy-duty trucks through 2032.

Source: https://auto.economictimes.indiatimes.com/, April 12, 2023

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Defence & Solar

Pakistan to ship 230 containers of defence items to Ukraine in April

Ukraine-Pakistan defence nexus looms large on the horizon even as the Ukrainian deputy foreign minister undertakes a four-day visit to India from Sunday. Signallng to deepen defence partnership, Pakistan will ship 230 defence containers this month from the Karachi Port via two vessels MV Bokram and MV Kherson, ET has reliably learnt. Ships transferring weapons from Pakistan to Ukraine are increasingly using the US and European flags, ET has learnt from persons familiar with the issue. Ports in Poland and Germany are the main gateway to transfer arms from Pakistan that included tanks and rockets, ET had earlier reported.

Source: By Dipanjan Roy Chaudhury, https://economictimes.indiatimes.com/, April 10, 2023

Wary of china, vietnam bonds with india in indo-pacific waters

Signalling its desire to have a less intertwined future with China, Vietnam has vowed to deepen the Comprehensive Strategic Partnership with New Delhi to maintain peace, prosperity and stability in the Indo-Pacific region and beyond. Leading a high-ranking delegation to New Delhi at the invitation of National Security Advisor (NSA) Ajit Doval, Vietnam's Minister of Public Security General To Lam spent two days in the Indian capital at the start of this week, jointly mapping out the future defence and security cooperation between the two countries. At the talks, NSA Doval and General To Lam, who is also the Politburo Member of Vietnam's Communist Party, worked on a detailed plan to enhance the linkages on strategic, security and defence matters.

Source: https://www.indiandefensenews.in/, April 12, 2023

As the Ukraine war grinds on, Russia, India seek ways to keep defence trade afloat

A year after the Ukraine war began, there are growing speculations about the ability of Russia, hit by heavy western sanctions and faced with dwindling exports, to continue tosupplydefence systems to India, one of its most important defence customers. Such concerns are largely rooted in payment problems that India and Russia are yet to resolve, according to sources in the Russian government, defence, and banking sectors. However, experts believe the setbacks that Russian defence exports face due to sanctions could be outweighed by advantages Moscow may have once the war is over. There were media reports last month that India may not get the delivery of the two remaining S-400 Triumf missile defence systems that it had ordered in 2018 for around $5.4 billion.

Source: By KSENIA KONDRATIEVA, https://www.thehindu.com/, April 10, 2023

Rri, navy set for quantum computing tech leap in secure communication

Raman Research Institute (RRI) will collaborate with the Indian Navy’s combat systems engineering wing on quantum technologies to develop secure communication channels of strategic importance. The Bangalore-based institute entered a five-year Memorandum of Understanding with Weapons and Electronics Systems Engineering Establishment (WESEE) in Delhi on Thursday. The partnership was formalised five days after RRI announced a breakthrough demonstration in establishing secure communication between a stationary source and a moving receiver using quantum key distribution. The Navy said enhancing research in quantum technologies for maritime use cases is in line with India’s push for self-reliance. Quantum technologies facilitate the secure transmission of sensitive information and minimise the risk of network breaches, making them increasingly critical to advanced military plans.

Source: https://www.indiandefensenews.in/, April 12, 2023

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Consumer Electronics

US based maker of consumer electronics; Ossify entered Indian market

With the help of a local consumer electronics company named Ossify, rigidaire, a US-based maker of consumer electronics, has entered the Indian market. With its assortment of home appliances in categories including air conditioners, washing machines, refrigerators, freezers, etc., Frigidaire, a member of the Electrolux group, has entered the Indian market. Almost a century old and known for its cutting-edge technology and innovation, Frigidaire maintains its leadership position in the North American market. Sandeep Chaudhary, the founder of Ossify Group, commented on the news, saying it is an honour to be affiliated with a prestigious brand like Frigidaire that has established a strong market reputation through decades of commitment to producing the greatest consumer electronics products available.

Source: https://startupstorymedia.com/, April 11, 2023

 India surpasses Rs 85,000 cr worth mobile phone exports in FY23

The government push towards local manufacturing of consumer electronics items has helped India cross-record more than Rs 85,000 crore in mobile exports in the fiscal year ending March 31, industry data showed on Saturday. Buoyed by attractive government incentives towards local manufacturing, India surpassed a remarkable $10 billion worth smartphone exports in the fiscal year 2022-2023, according to the data provided by the India Cellular and Electronics Association (ICEA) to IANS.

Source: https://economictimes.indiatimes.com/, April 08, 2023

Arm-based PCs to Nearly Double Market Share by 2027

Personal computers (PCs) based on Arm architecture will grow in popularity and their market share will almost double from 14% now to 25% by 2027, according to Counterpoint Research’s latest projections. The ability of Arm-based hardware to run Mac OS has allowed Apple to capture 90% of the Arm-based notebook computer market. However, the full support of Windows and Office365 and the speed of native Arm-based app adoption are also critical factors in determining the Arm SoC penetration rate in PCs. Once these factors are addressed, Arm-based PCs will become a viable option for both daily users and businesses. As more existing PC OEMs/ODMs and smartphone manufacturers enter the market, they will bring their expertise in Arm-based hardware and software, which will further boost the popularity of Arm-based PCs.

Source: By BRADY WANG, https://www.counterpointresearch.com/, April 10, 2023

India Smart TV Shipments Grew 28% YoY in 2022: Online Volume 33% of Total

India’s smart TV shipments grew 28% YoY in 2022, according to the latest research from Counterpoint’s IoT Service. The growth for the year was primarily driven by strong shipments during the festive season in the third quarter, multiple new launches, discounts and promotions, and the demand for bigger screen-size TVs in the lower price tier. For Q4 2022, the growth was almost flat at 2% YoY due to a slowdown in demand after the festive season. Consumers are preferring bigger screen sizes, especially 43”, due to which the smart TV shipments in this display size grew 29% YoY in 2022. This size has also started trickling down to the budget price range (INR 20,000-INR 30,000 or ~$243-$364). Dolby integration is another most sought-after feature and is available in lower-price TVs too.

Source: By AKASH JATWALA, https://www.counterpointresearch.com/, April 04, 2023

Survey: 28% of US Smartphone Users Highly Likely to Opt for a Foldable as Next Purchase

The foldable smartphone is the latest big innovation in the smartphone space, both in terms of hardware and software. The installed base of foldable smartphones in the US stood at 4.7 million in 2022, according to Counterpoint Research. To better understand opinions and preferences in the US around foldable smartphones, Counterpoint Research conducted a consumer study in the country. Respondents from a higher income bracket are more likely to purchase a foldable phone, with those having a monthly income of $10,000 and above most likely (41%) to opt for a foldable as their next smartphone purchase. On the other hand, the preference for the book-type foldable is stronger among female respondents (40%) than male respondents (30%). More than half of the male respondents prefer the flip-type foldable, whereas the preference for the flip-type foldable is slightly lower among the female respondents at 47%.

Source: By ARUSHI CHAWLA, April 03, 2023

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EMSIF

(Special section of the MSME related news under ELCINA Micro & Small Industry Forum)

MSME loan defaults: Micro units turn NPAs under govt's ECLGS scheme

The micro-enterprise segment in the country is facing significant distress, as indicated by the fact that 17.27 lakh units, which had availed credit under the Emergency Credit Line Guarantee Scheme (ECLGS), have turned into non-performing assets (NPAs) as of March 24, 2023. According to data from the Department of Financial Services (DFS), shared by MSME Minister Narayan Rane in the Rajya Sabha recently, the majority of beneficiaries under the Emergency Credit Line Guarantee Scheme (ECLGS), which expired on March 31, 2023. As of February 28, a total of 1.13 crore MSME borrowers were supported with a guaranteed amount of ₹2.40 lakh crore under the Emergency Credit Line Guarantee Scheme (ECLGS). Out of these borrowers, 97.6 per cent, or 1.10 crore borrowers, were micro and small units.

Source: https://www.livemint.com/, April 11, 2023

Govt invites bids from CPSEs to set up 20 new MSME Technology Centers

The Office of the Development Commissioner (DC) under the MSME ministry, which assists the latter in formulating, coordinating, implementing and monitoring different MSME policies, is looking to engage a central public sector enterprise (CPSE) as a nodal agency to expand the number of technology centres and extension centres across the country under the scheme Establishment of New Technology Centres/Extension Centres (TC/EC). In a request for proposal, the DC office said it “intends to engage a CPSE to work as a Nodal Agency for the establishment of new Technology Centres (TCs) and Extension Centres (ECs) on a turnkey basis.” ECs are a smaller version of TCs and essentially an extension of a TC of a particular sector.

Source: By Sandeep Soni, https://www.financialexpress.com/, April 11, 2023

Kerala Govt Aims to Turn 1,000 Msmesinto Ventures with Rs 100 Cr Turnover In 4 Years

On Monday, Pinarayi Vijayan, Chief Minister of Kerala launched the 'Mission 1000' with an objective to select 1,000 micro, small and medium enterprises (MSME) and turn them into ventures with Rs 100 crore turnover in four years. The initiative was inaugurated in Kochi and is a continuation of the 'Year of Enterprises' programme launched by the industries department in the last financial year. Under the MSME scale-up mission – Mission 1000 - the enterprises, which meet basic criteria set by the department, will get government support. The enterprises should be at least three years old. Speaking about the initiative, the CM said the government intends to ensure the success of the enterprises and its sustainability.

Source: https://menafn.com/, April 11, 2023

RBI paper: FDI plays greater role in enhancing profitability of larger firms as compared to smaller units.

A working paper by the Reserve Bank of India (RBI) analyzing the impact of foreign direct investment (FDI) on profitability has said that FDI plays a greater role in enhancing the profitability of larger companies as compared to smaller companies. The age and size of a company are one of the factors that determine the profitability of FDI-receiving companies, that is, “older and smaller companies are likely to be less profitable.” This is because in larger companies, the management is often more focused on preserving /improving its reputation, which helps in attracting greater FDI, the paper published on Tuesday said. Hence, larger companies are better placed to take advantage of the increased FDI funding owing to the economies of scale and the cost-effective nature of their operations, it added.

Source: By Sandeep Soni, https://www.financialexpress.com/, April 12, 2023

To Accelerate MSME Growth, J&K Bank Signs MoU With CIMSME

Forging partnership with Chamber of Indian Micro, Small & Medium Enterprises (CIMSME) to accelerate growth of manufacturing enterprises, J&K Bank today signed a Memorandum of Understanding (MoU) with the country’s apex chamber of MSMEs that represents their interests and issues with the Government and various Regulators while being active participant in MSME related policymaking. General Manager (Corporate Banking/MSME/Agriculture) Ashutosh Sareen signed the MoU on behalf of the Bank, while as, President Mukesh Mohan Gupta put in his signatures representing CIMSME in presence of MD & CEO J&K Banl Baldev Prakash, Executive Director Sudhir Gupta, General Manager Narjay Gupta, Director (CIMSME) Subhash Joinwal, DGMs and other senior Bank officials. Bank’s Divisional Heads also joined the function through VC Mode.

Source: https://www.dailyexcelsior.com/, April 11, 2023

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ELCINA EVENTS , ACTIVITIES & SERVICES 

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ELCINA Publications

https://elcina.com/roadmap-for-developing-pcb-eco-system-in-india	Roadmap For Developing PCB Eco-System in India Key Findings Indian PCB market and industry size in terms of domestic production, exports, and imports Growth drivers and challenges (needs & gaps) in the Indian PCB industry Growth potential of PCB manufacturing in India and identify enablers for creating & strengthening the domestic value chain Key inputs required viz. investments, technology, and infra eco-system Details of key PCB value chain players – global and domestic, who can be invited to invest to establish a strong PCB industry
https://elcina.com/ems-task-force-report-on-market-industry-analysis-of-ems-sector-in-india	EMS Task Force Report Key Findings Currently EMS Industry (Contract Manufacturing Services) are valued 832 Bn $ and are projected to grow 1055 Bn by 2025. Domestic electronics manufacturing is estimated at USD 75 Bn of which 39 Bn constitutes EMS value. This is divided into 23.5 Bn domestic Mfg. and USD 15.5 Bn PCBS/Sub-Assembly imports. Further USD 53.5 Bn is finished Electronic Goods imports of which USD 17 Bn is EMS value. Thus total EMS opportunity loss is US$ 32.5 Bn (15.5 +17). The report estimates that EMS production can grow realistically from USD 23.5 Bn today to USD 152 Bn by 2025 at CAGR of 45%. This will meet 75% of the countries EMS requirement of US$ 203 Bn by 2025 against a total estimated market of 400 Bn.
https://elcina.com/elcina-task-force-report-on-electronic-components	ELCINA Task Force Report on Electronic Components Key Findings Current status of component manufacturing in India – Areas of competence vs Gaps and inadequacies Components which urgently require investments and growth in domestic manufacturing Emerging technology and new components for upcoming opportunities Constraints and bottlenecks to be addressed Overcoming Policy constraints, WTO (ITA-1) deadlock and Zero Duty issue Strategy for overcoming these constraints Eco-System requirements- Role of Central and State Governments
https://elcina.com/elcina-directory-of-indian-electronics-industry	ELCINA Directory of Indian Electronics Industry 2022-23 Description ELCINA Directory of Indian Electronics Industry – includes the updates on Indian Electronics Industry and a host of additional improved features covering business environment, statistical industry scan, company databases plus various projections. This handy compendium with its easy-to-read format attracts the attention of a growing number of users (within India and abroad) Apart from electronics industry, the users of this Directory range from financial institutions, commercial banks, FIIs, Consultancy organizations as well as industry promotion institutes across the world….

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