VOL XXIV, ISSUE 01

15th January 2023

  POLICY SCAN                                                                                    

Budget 2023: Medtech sector hopes for increased R&D allocation, enhanced testing facilities to boost exports

The medical technology industry leaders are counting on the Centre to increase the ambit of the Production-Linked Incentive (PLI) scheme to boost Research and Development in the Budget 2023 to be presented by Finance Minister Nirmala Sitharaman on February 1. Shravan Subramanyam, Managing Director of Wipro-GE Healthcare, called for the formalisation of a medical devices policy for facilitating self-reliance and exports. Rationalisation of the Goods and Services Tax (GST) for the MedTech sector, extending zero rating and schemes like remissions of duties and taxes on exported products for export-oriented units and Electronic Hardware Technology Parks will provide impetus to local manufacturing for domestic use and overseas shipments.

Source: https://www.moneycontrol.com/, January 11, 2023

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Uttar Pradesh to refund subsidy to buyers deprived of Electric Vehicle Policy benefits

Those who have purchased electric vehicles after the announcement of the Electric Vehicle Policy in October last but did not get the promised subsidies on road tax, registration, will now be eligible for a refund. The UP government on Tuesday said that the policy could not be implemented due to some technical reasons but it would provide refunds to all those who purchased electric vehicles after the policy was announced One does not need to apply for a refund and the amount will be credited to their accounts directly.

Source: https://timesofindia.indiatimes.com/, January 10, 2022

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Delhi govt approves draft Solar Policy, revises target by three times to 6,000 MW by 2025

The Delhi government on Thursday approved the draft of its ambitious Solar Policy 2022 which revises the installed capacity to 6,000 MW from 2,000 MW by 2025, a three-fold jump in as many years. Delhi�s new solar policy targets 6,000 MW of installed solar capacity by 2025 to increase the share of solar energy in Delhi�s annual electricity demand from 9 per cent to 25 per cent in three years, the highest in India, said Deputy Chief Minister Manish Sisodia. The government had targeted an installed capacity of 2,000 MW solar power by 2025 in its 2016 solar policy. The policy aims to create a unified single-window state portal managed by the Delhi Solar Cell that will provide information on the benefits of solar PV systems, process-related guidelines, and timeline.

Source: https://theprint.in/, December 30, 2022

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 INDUSTRY  SCAN                                                                           

General

University of Michigan Discovers Self-healing Semiconductors To Help Solar Panels to be More Efficient

A new press report recently published by the University of Michigan highlighted that through the process of artificial photosynthesis, a first of its kind solar panel has managed to achieve nine percent more efficiency than the earlier solar-water splitting experiments. Through artificial photosynthesis, the efficiency has been achieved by converting water into oxygen and hydrogen. The report further added that the process turned out to be a huge achievement because it is almost ten times more efficient than the previous experiments. According to a report of Interesting Engineering, Zetian Mi, U-M professor of electrical and computer engineering has spearheaded the project and he successfully compressed the size of the semiconductor, which is known to be the most priciest part of the product. Moreover, he also unleashed a self-healing semiconductor that has the ability to combat concentrated light equivalent to 160 suns.

Source: https://circuitdigest.com/, January 09, 2023

Semiconductor Supply Chain Imbalances Will be Eased by 2024; Claims Accenture Researchers

A new survey report by Accenture has now stated that several global semiconductor executives now feel that the supply chain slump issue will be solved by 2024. Also, the global financial and consulting services companies added that semiconductor companies must be prepared to counter other pressures of the market and must put their attention on investments because that will help them to spearhead the growth. Syed Alam, Accenture global high-tech lead, said in an interview with VentureBeat that the major issues include macroeconomic effects, lingering COVID-19 challenges, the talent pipeline, supply chain issues and a lack of sufficient investment. The electronics and the automobile industry are still facing the challenge of reduced chip production, while the manufacturers are struggling to craft greater flexibility due to escalated demands on the supply chain.  In fact, there are several ongoing hurdles of the semiconductor industry that are impacting energy supplies and the entire supply chain ecosystem.

Source: https://circuitdigest.com/, January 06, 2023

Japanese chip companies eye India for investment

Semiconductor companies from Japan plan to explore investment opportunities in the Indian market at a time New Delhi is seeking a broader role in the global semiconductor ecosystem. In an interview, Takuma Otaki of the Japan External Trade Research Organization (Jetro) said a business delegation, including semiconductor firms, is planning to visit India after March to scout for potential investments. Otaki, who serves as director at Jetro�s Delhi office, said Japanese semiconductor firms are interested in jointly working with Indian companies in developing and designing chips. They will also explore setting up fabrication facilities here, he added. Otaki cited the instance of the collaboration between Renesas, a Japanese semiconductor firm, and Indian automaker Tata Motors Ltd. The partnership between Renesas, an automotive semiconductor maker, and Tata Motors was announced in June.

Source: Shashank Mattoo, https://www.livemint.com/, January 14, 2023

Taiwan�s PSMC might partner with India to help set up semiconductor fabs

In yet another boost to India�s dream of becoming a semiconductor nation, now PSMC (Powerchip Semiconductor Manufacturing Corp) is ready to help India in setting fabs. The Chairman of Taiwan�s 3rd largest foundry, Huang Chongren, has stated that PSMC is ready to sign a cooperation agreement with the Indian government. Having experience in setting up factories in joint ventures with mainland China, PSMC might assist Indian and large local companies such as Vedanta or Tata in setting up factories and training talent for fabs. This news comes months after a Taiwanese delegation of semiconductor manufacturers visited Dholera smart city in Gujarat and the Semi-Conductor Laboratory (SCL) at Mohali in a four-day visit to identify potential sites for setting fabs in India. And PSMC officials were a part of this delegation.

Source: By Nidhi Singal, https://www.businesstoday.in/, January 12, 2023

After China, Tesla cuts prices on electric vehicles for US market

Tesla has slashed prices on its top-selling electric vehicles for the U.S. market, the automaker's website showed, after it recently cut prices in China and missed Wall Street estimates for fourth quarter deliveries. The price cuts, announced late Thursday in U.S. time on the Model 3 and Model Y, ranged between 6% and 20% compared with the prices that held before the discount, according to a Reuters calculation. Taken together with price cuts announced last week in China, the move marked a reversal in Tesla's largest markets from the strategy it had pursued through much of 2022 when demand was strong and average sale prices for its electric vehicles had been trending higher.

Source: https://www.timesnownews.com/, January 14, 2023

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Information Technology

Information Technology stocks rise

Information Technology stocks were trading with gains, with the S&P BSE IT Sector index increasing 173.1 points or 0.61% at 28685.79 at 09:47 IST. Among the components of the S&P BSE IT Sector index, Moschip Technologies Ltd (up 1.75%), Coforge Ltd (up 1.63%),L&T Technology Services Ltd (up 1.53%), Xelpmoc Design and Tech Ltd (up 1.51%),Tanla Platforms Ltd (up 1.32%), were the top gainers. Among the other gainers were Ramco Systems Ltd (up 1.32%), Birlasoft Ltd (up 1.27%), Sasken Technologies Ltd (up 1.21%), R Systems International Ltd (up 1.2%), and LTI Mindtree Ltd (up 1.12%). On the other hand, KPIT Technologies Ltd (down 1.08%), Cerebra Integrated Technologies Ltd (down 0.54%), and Aurionpro Solutions Ltd (down 0.5%) turned lower. At 09:47 IST, the S&P BSE Sensex was down 76.13 or 0.13% at 60039.35.

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

Cyberbullying, identity theft may come under Digital Bill

As the Centre works on a modern law for the Internet ecosystem to replace the two decade old Information Technology Act, introducing online specific offences is expected to be a key focus of the upcoming Digital India Bill. The Indian Express has learnt that the Ministry of Electronics and IT (MeitY) could classify impersonation, identity theft, catfishing, and cyberbullying of children as offences under the new Bill, recognising that offences in the online world, especially social media platforms, can be unique with no equivalent in the offline world. The new Bill will replace the Information Technology Act, 2000, which is currently India�s core legal framework that regulates entities on the Internet. Offences listed in the IT Act are essentially borrowed from the offline world given that the law was passed before the era of social media and online dating platforms became commonplace. India currently does not have any laws around online-specific harms.

Source: https://indianexpress.com/, January 4, 2023

Shillong to get Centre of Excellence in online gaming: Rajeev Chandrashekhar

Union minister Rajeev Chandrashekhar on Friday said the government will set up India's first 'Centre of Excellence' in online gaming here by March this year. The Ministry of Electronics and Information Technology had recently circulated draft amendments to the IT Rules, 2021, with regard to online gaming for public consultation. The 'Centre of Excellence' is expected to catalyse startups and entrepreneurs from the entire northeast region to build the next-generation online gaming ecosystem. It is the vision of PM Narendra Modi ji that the next wave of startups and entrepreneurs must come from Shillong, Kohima and other parts of the northeast.

Source: https://economictimes.indiatimes.com/, January 13, 2023

Meta introduces limit on targeting under-18 with ads

Starting February, Meta will remove the ability for advertisers to target users under the age of 18 on Facebook and Instagram by gender, to restrict how advertisers target kids. However, the company said that advertisers will still be able to use their age and location to target ads at kids. In 2021, Meta had rolled back ad targeting based on the �interests� and �activity� � a catch-all term for the trove of data the company collects about users� internet activity � of teen users. In its latest update, the company said that advertisers will  no longer be able to target teens based on in-app engagement, like Instagram and Facebook pages they follow and like.

Source: https://indianexpress.com/, January 12, 2023

Massive job cuts signal turning point for information technology sector: Yomiuri Shimbun

US tech giants have announced a series of drastic workforce reductions. It can be said that the management of US information technology companies, which have been growing rapidly through online shopping, social media and other services, has reached a major turning point. Amazon.com Inc. has said that it will cut more than 18,000 jobs, the largest lay off in its history. Amazon had expanded its workforce, mainly in the logistics division, as demand increased from people staying home due to the Covid-19 pandemic. The major job cuts this time will mainly target the device division, which engages in speakers that utilize artificial intelligence, the book division and the retail division.

Source: https://www.straitstimes.com/, January 13, 2023

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Telecom

Vodafone Idea: Key Factors that will Affect Telco�s Future

Vodafone Idea (Vi), the cash-strapped Indian telecom operator, is struggling to make ends meet. 2023 is going to be a decisive year for the company. On Jan 10, 2023, at the closing bell, Vodafone Idea's stock closed at Rs 7.25, the lowest figure in the last 18 months. Things don't look good for the company as the government is not planning a relief package any time soon, and the tariff hikes also seem slightly far off from here. Until the time other operators move, Vi can't even go ahead with the tariff hikes; it would further impact the subscriber churn rate negatively. Is tariff hikes the solution for Vodafone Idea? Well, not really. Tariff hikes would just be a very short-lived curtain that the telco would be able to use to hide its main problems. We will get to the main problems soon enough. To be very honest, the tariff issues are not the biggest contributor to where Vodafone Idea is standing today. This issue has been that the telco's networks delivered an inferior experience to customers time and againNow, while it is true that Vi's networks were awarded the fastest 4G networks in India many times, it is not all that matters.

Source: By TANAY SINGH THAKUR, https://telecomtalk.info/, January 11, 2023

Vodafone Idea has Not been Able to Fulfil Network Rollout Obligations

Vodafone Idea (Vi) has not been able to fulfil the network rollout obligations set by the Department of Telecommunications (DoT). As per the obligations, telcos who bid for 5G spectrum in the 2022 auctions have to roll out commercial 5G services in each of the three metros within one year from the date of spectrum allotment. Further, the telcos also have to ensure that they are reaching at least one city or town in each of the 22 telecom circles with 5G within one year. While Airtel and Jio have already deployed 5G in many parts of the country, Vodafone Idea (Vi) is yet to make a difference in this area.

Source: https://telecomtalk.info/, January 10, 2023

India to become major exporter of telecom equipment in 2-3 years: Ashwini Vaishnaw

India will become a major exporter of telecom equipment in the next two to three years and the government is working to achieve that goal, communications minister Ashwini Vaishnaw said on Saturday. The statement from the minister follows the government�s meeting with 42 companies including Nokia, Samsung, Jabil, HFCL and Tejas Networks, among others, last month, which got approval for the production linked incentive (PLI) and design-linked incentive (DLI) schemes for domestic manufacturing of telecom and networking equipments. In February 2021, the government had introduced the PLI scheme for manufacturing of telecom and networking equipment with an outlay of Rs 12,195 crore over a five-year period. The government in June last year approved 31 companies, including Dixon Technologies, Nokia India and Foxconn, to manufacture telecom equipment under the scheme.

Source: https://www.financialexpress.com/, January 08, 2023

Telecom Sector Skill Council to place over 1.25 lakh youth with focus on 5G

With the 5G rollout, India needs a ready-skilled workforce and the Telecom Sector Skill Council (TSSC) on Tuesday announced to get over 1.25 lakh candidates placed across the industry through its placement initiatives and training labs. The Council also said it will establish at least 50 new training labs and centres of excellence (CoEs) across India for various telecom job roles. The TSSC announced a five-year partnership with the Technology Innovation Hub on Autonomous Navigation (TiHAN) at IIT Hyderabad which will focus on joint projects in skilling in emerging technologies like 5G and its use cases, internet of things (IoT), Cloud, AI/ML and others.

Source: https://in.investing.com/, January 10, 2023

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EV�s & Auto Electronics

US electric vehicle sales surge in 2022, broader auto market contracts

The US� electric vehicle sales jumped by two-thirds in 2022 while the broader auto market contracted, new figures released at 2022 end showed as new plug-in models from traditional automakers shrank the lead of EV giant Tesla, according to The Wall Street Journal. According to the figures, automakers sold 807,180 all-electric vehicles in the US last year, or 5.8 per cent of all vehicles sold, up from 3.2 percent a year earlier, according to year-end figures released this week by market research firm Motor Intelligence. In contrast to this, total US auto sales in 2022 fell 8 per cent year over year, WSJ said. Tesla continues to dominate the US electric vehicle market, accounting for 65 per cent of total sales last year, Motor Intelligence estimates showed.

Source: https://www.financialexpress.com/, 09, 2023

Gujarat to collaborate with Britain for EV push

The Gujarat government and Britain have joined hands to launch the roadmap for transforming Ahmedabad into a �Global EV Lighthouse City� and the web portal for electrification of vehicles in Gujarat � e-VEG. British High Commissioner Alex Ellis who met Chief minister Bhupendra Patel Monday, launched these two initiatives the same day. Minister of State for Transport Harsh Sanghavi was also present during the occassion. These electric mobility resources have been developed under the aegis of the �UK � NITI Aayog � Gujarat knowledge exchange programme�, a release from the high commission said.

Source: https://indianexpress.com/, January 10, 2023

Foreign cars muscle in on India�s EV market at Auto Expo 2023

Foreign carmakers are poised to take center stage at India�s Auto Expo as they vie for a slice of the nascent shift to electric vehicles in the world�s fourth-biggest auto market. Returning after a two-year hiatus during the pandemic, the show, which kicks off Wednesday in capital New Delhi, will see China�s SAIC Motor Corp. and Warren Buffett-backed BYD Co. unveil battery-powered cars for the domestic market, while the local arm of South Korea�s Hyundai Motor Co. will hold the Indian launch of its Ioniq 5 electric sports utility vehicle. In contrast, Mahindra & Mahindra Ltd. isn�t even attending. Most local manufacturers have been reluctant to switch to EVs because of their high upfront costs, while a lack of public charging points deters buyers. Instead, the electrification push is being led by more affordable scooters and three-wheelers, which are also widely used in delivery fleets

Source: https://www.moneycontrol.com/, January 11, 2023

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Defence & Solar

India to spend $522M on missiles, air defense and naval weapons

India�s top arms buyer on Tuesday approved a budget of 42.76 billion rupees (U.S. $522.17 million) to acquire weapons solely from domestic companies. A meeting of the Defence Acquisition Council on Jan. 10, chaired by Defence Minister Rajnath Singh, granted a so-called acceptance of necessity for three capital acquisition proposals, the Ministry of Defence said. The announcement did not provide quantities nor costs for each program, and the ministry did not respond to a request for comment. The purchase of the weapons systems will fall under the Buy Indian IDDM procurement category. According to the ministry, this category requires the procurement of arms from an Indian vendor that were indigenously designed, developed and manufactured while containing at least 50% locally made technology.

Source: Vivek Raghuvanshi, https://www.defensenews.com/, January 11, 2023

Ukraine war impacts spare parts supply for Indian military: Army chief

India�s army chief said Thursday the war in Ukraine has impacted the supply of spare parts for India�s military. Gen. Manoj Pande made his comments to reporters while discussing the border situation with China, which he described as stable but unpredictable. The two countries remain in a nearly two-and-a-half-year standoff in the eastern Ladakh area. He added that the countries were continuing to talk both at the diplomatic and military levels, and that India�s military maintains a high level of preparedness. Experts say up to 60% of Indian defense equipment comes from Russia, and New Delhi finds itself in a bind amid the standoff with China over a territorial dispute. Twenty Indian troops and four Chinese soldiers died in a clash in 2020.

Source: By Shonal Ganguly, https://www.defensenews.com/, January 12, 2023

Russia On Course To Deliver 5 Squadrons Of S-400 Triumf Air Defense Systems To India Despite �Crippling Sanctions�

Despite a bloody war being fought by Russia that has led to crippling sanctions being imposed on its defense industry, the delivery of the third squadron of S-400 Triumf air defense systems to India is currently underway. The Russian state news agency revealed this by citing reports in Indian media. According to the reports, �Initial deliveries of the third operational squadron of the S-400 Triumf surface-to-air missile systems from Russia  have begun after some delay.� India is struggling with alternative payment methods for fresh Russian weapon delivery and their maintenance under Western sanctions on Russia, but �it�s being managed,� a source said. India is anticipated to receive five S-400 squadrons before the end of this year.

Source By Shakshi Tiwari, https://eurasiantimes.com/, January 13, 2023

Tata defence unit arms itself for bigger slice of Indian market

The defense and aerospace unit of the Tata conglomerate is turning to making drones, artillery and combat vehicles as India tries to curb the reliance on foreign hardware that has made it one of the world�s largest military importers. With New Delhi reliant on Russia for military supplies, Vladimir Putin�s invasion of Ukraine this year highlighted India�s need for expanded military supply options. According to the Stockholm International Peace Research Institute, 46 percent of India�s military imports between 2017 and 2021 came from Russia, followed by France and the US. India increased its defense allocation by nearly 10 percent in its February budget, and salt-to-sensors conglomerate Tata is one of several Indian companies hoping to benefit from New Delhi�s efforts to shift military purchases to domestic suppliers.

Source: https://chof360.com/, December 25, 2022

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Consumer Electronics

CES 2023: 10 tech innovations that caught our eye

From electric cars and boats to wireless TVs to the latest phones and tablets, there was a wide range of innovations on display at the CES tech show in Las Vegas last week. Some of it aimed to solve big real world problems. Some of it aimed to make your life more fun. And some of it was just a little out there. Associated Press journalists spent last week combing cavernous exhibit halls for the most exciting, interesting and unusual tech innovations. Journalists had fun zipping around the CES Unveiled event on remote-controlled, electric inline skates from French startup AtmosGear.

Source: https://techxplore.com/, January 11, 2023

From service to retail, here's how the metaverse is reshaping the auto industry

It's not science fiction anymore. Car owners may soon have their vehicles serviced with the help of augmented reality, and they may explore a virtual world while charging their electric vehicles. And get ready for an otherworldly shopping experience. The metaverse�or virtual reality�is reshaping how automakers serve their customers, and it could increasingly affect how motorists experience their vehicles, too. The use cases were on display last week at the CES consumer electronics trade show in Las Vegas, where several automakers shared visions of their technology futures. Stellantis NV's Fiat said it will bring its virtual showroom with the help of Microsoft Corp. and Touchcast Inc. to North America when it begins selling the 500e city car here again next year.

Source: https://techxplore.com/, January 11, 2023

Ultra-Long Battery Life Is Coming � Eventually

IF THERE WAS any product revealed at CES last week that pushed battery life claims to a whole new level�and raised some eyebrows too�it was HyperX�s pair of 300-hour headphones. The wireless gaming headset, called Cloud Alpha Wireless, will supposedly offer 300 hours of continuous use on a single charge when the product launches this spring. This is up from 30 hours per charge in HyperX�s previous model, the Cloud II Wireless. A 10-fold improvement in battery life over a short time period is practically unheard of in consumer electronics. HyperX declined to share specific details as to how it accomplished this leap, except to say that it deployed a combination of battery and chip technologies and that it updated its �dual chamber technology� and drivers to accommodate a 1,500-mAh lithium-polymer battery.

Source: https://www.wired.com/, January 14, 2023

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EMSIF

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

Budget 2023 may announce an industrial area development scheme for MSMEs

 The Union Budget for the fiscal year 2023-2024 may come up with an industrial area development scheme for MSMEs for upgradation of existing industrial areas with basic infrastructure and develop new industrial areas, as per a report by Mint. The industrial areas in question would be industrial parks designated especially for the small businesses, the report added, citing two people aware of the development. It also noted that the centre would provide the required financial support for setting up and upgradation of the industrial areas. To finance these projects, multilateral lenders such as the Asian Development Bank and International Financial Corporation of the World Bank would also be asked to participate in addition to getting support from the states, and allowing a state implementing agency to set up the projects.

Source: https://www.financialexpress.com/, January 10, 2023

Lending 2.0: How technology and data are easing credit access for MSMEs

Technology and data intertwined to provide formal lenders with necessary insights into the performance of a business is beginning to make an impact in lending to MSMEs. Non-banking financial companies (NBFCs) and particularly banks are gradually coming to terms with the fact that collateral or balance sheet-based lending is turning out to be a flawed model in lending as emerging businesses neither have enough assets to pledge nor they have a strong balance sheet, unlike large businesses who probably have both. Hence, real-time data around revenue, business costs, manpower, past growth, compliance, losses, export-import, and more is proving to be a great surrogate for balance sheets and collaterals to meet credit needs of the sector that accounts for around 30 per cent of the country�s gross domestic product.

Source: https://www.financialexpress.com/, January 10, 2023

MSME minister Narayan Rane launches web portal for World Bank-assisted RAMP scheme

MSME Minister Narayan Rane on Monday launched the web portal for the Rs 6,062.45-crore World Bank-assisted central government scheme Raising and Accelerating MSME Performance (RAMP) for MSMEs, over six months after Prime Minister Narendra Modi launched the scheme. Rane launched the portal at the Regional Conference on Sustainable Development of MSMEs in Northeast Region in Agartala to �scale up the implementation capacity and coverage of MSMEs in the country,� MSME Ministry said. The scheme was originally announced back in 2020 by the government and the World Bank to support Covid-hit MSMEs in the country. Out of the total scheme�s limit, Rs 3,750 crore was approved by World Bank in June 2021 while the balance of Rs 2312.45 crore would be funded by the government. The scheme targets to improve the performance of 5.55 lakh MSMEs, according to a World Bank statement in June 2021.

Source: https://www.financialexpress.com/, January 09, 2023

Udyam Registration: 81,000 MSMEs registered in Kerala in last 6 months

In the past six months, 81,000 micro, small or medium enterprises (MSME) sought Udyam Registration from Kerala. With this, the total number of MSMEs that took Udyam Registration in the state has reached 3.2 lakhs. The sudden upsurge in new registrations is due to the government's year of enterprises project. Even though Udyam registration is not mandatory for starting new MSMEs, government recognition ensures investors receive subsidies and other benefits. Among districts, Ernakulam tops with 50,648 MSMEs, followed by Thiruvananthapuram (41,268) and Thrissur (32,689). Only Wayanad (7,867) and Idukki (9,161) have a total registration below the 10,000 mark.

Source: https://english.mathrubhumi.com/, January 10, 2023

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ELCINA EVENTS , ACTIVITIES & SERVICES    Source India � Electronics Supply Chain 13-14 February 2023 | Chennai Trade Center, Chennai       For more information, please contact : Rajesh Rawat � 9911445890 / rajesh@elcina.com   ------------------------- TOP   ELCINA Publications   https://elcina.com/indian-surveillance-security-products-market Indian Surveillance & Security Products Market Key Findings The industry structure for the Products of interest including past 3 years growth and current market. Key growth drivers and new industry trends driving consumption of these products Market size in India and supply from India vs Imports Products which could be made in the country and require investments for domestic manufacturing Constraints and bottlenecks to be addressed Strategy for overcoming these constraints Key products, technologies and components in which investments and incentives are to be prioritized, support which could be provided by Central Government. Strategy for enhancing value addition and developing value chain   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 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-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 organisations as well as industry promotion institutes across the world�. For enquiries, call Ms.Tandra Majumder, ELCINA HOUSE, 422 Okhla Industrial Estate, Phase III, New Delhi - 110 020. Tel: +91 (011) 41615985, 41011291 Email: tandra@elcina.com  or info@elcina.com TOP   FORTHCOMING EVENTS &  GENERAL INFORMATION    Overseas Shows   Event : SEMICON CHINA 2023 Organiser : SEMI China From : 22-March-2023 To : 24-March-2023       Venue & City : Shanghai New International Expo Centre Website : https://www.semiconchina.org/   Event : JPCA Show 2023 Organiser : Japan Electronics Packaging and Circuits Association (JPCA) From : 31-May-2023 To : 02-June-2023            Venue & City : Tokyo Big Sight East Hall Website : www.jpcashow.com       Event : SEMICON WEST 2023 Organiser : SEMI From : 11-July-2023 To : 13-July-2023       Venue & City : Moscone Center | San Francisco, CA USA Website : https://www.semiconwest.org/   Event : SEMICON Taiwan 2023 Organiser : SEMI Taiwan From : 06-September-2023 To : 08-September-2023 Venue & City : Taipei Nangang Exhibition Center, Taipei, Taiwan Website : https://www.semicontaiwan.org/en   Event : KPCAshow2023 (Int�l Electronic Circuits and Packaging Show) Organiser : Korea Electronics Packaging and Circuits Association (KPCA) From : 06-September-2023 To : 08-September-2023            Venue & City : Songdo Convensia, Incheon, Korea Website : http://www.kpcashow.com    Domestic Shows   Event : 12th Source India � Electronics Supply Chain 2023 Organiser : ELCINA From : 13-February -2023 To : 14 � February - 2023 City : Chennai Trade Centre, Chennai Website : event.sourceindia-electronics.com       Event : electronica India & productronica India  2023 Organiser : MMI From : 13-September -2023 To : 15-September -2023 City : Bangalore Int�l Exhibition Centre (BIEC), Bengaluru Website : https://electronica-india.com/en/    TOP ELCINA PRODUCT DISPLAY CENTRE at  ELCINA HOUSE   The 'ELCINA 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 SGS Tekniks Manufacturing Pvt Ltd, Gurgaon Vishay Components India Pvt.Ltd., Pune 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. Sowparnika Thermistors and Hybrids Pvt.Ltd., Thrissur (Kerala)           Two full and one mini stalls are currently available at present, interested members may kindly contact ELCINA House, New Delhi (saly@elcina.com) for advance booking for the same. 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