MoEFC notifies Draft E-Waste (Management) Rules

In case, any registered entity furnishes false information or willfully conceals information for getting registration or return /report/information required to be provided/furnished under this regulation or in case of any irregularity, the registration of such entity may be revoked by CPCB for a period up to three-years after giving an opportunity to be heard. In addition, environmental compensation charges may also be levied as per rule 28 in such cases. In case any entity is manufacturer as well producer then the entity shall register under those categories separately. The CPCB may charge registration fee and annual maintenance charges from the applicants based on capacity of e-waste generated/recycled/handled by them @ decided by CPCB with the approval of the steering committee. Responsibilities of the manufacturer: all manufacturer shall have to register on online portal created for the purpose; collect e-waste generated during the manufacture of any electrical and electronic equipment and ensure its recycling or disposal; file annual and quarterly returns in the prescribed Form on the portal of Central Pollution Control Board on or before end of the month succeeding the quarter/year to which the return relates.

 Source: Link 

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INDUSTRY  SCAN                                                                           

General

Visteon to double headcount and local supply base from India

US-based, a leading player in cockpit electronics to automobile OEMs globally and which established its Indian base in the late 90s tagging Ford’s entry into India at Maraimalainagar, plans to double the headcount in its ‘technical centres’ in the country to 4,000 from the present under 2,000 shortly. In addition, the company plans to increase its local supply base to meet the emerging requirements both domestic and overseas, by deciding on a new plant in the next one year. The company has three technical centres at present in India in Chennai, Bengaluru and Pune. It will add three more centres soon by establishing offices in Coimbatore, Trivandrum and Goa. “Supply of qualified resources are not restricted just to the big cities, but abundantly available in smaller cities and towns too. While the centre in Goa would initially employ about 300, other centres will have about 500-600 people,” Sachin Lawande, president and CEO, Corporation told the media.

(TOI, June 11, 2022)

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Express VPN, SurfShark shuts down India servers: Here’s everything that happened so far

VPN services such as ExpressVPN and SurfShark have announced shutting down India servers. This comes in the aftermath of the recent cybersecurity rules introduced by the country’s cyber security agency CERT-In. The guidelines require VPN providers to store user data for a period of five years. VPN services are essentially used to maintain a layer of privacy. Many resort to virtual proxy networks that allow users to stay free of website trackers that can keep track of data like a user’s location. However, it seems that VPN services and providers are not in line with India’s stand against proxy services. Here’s we explain what happened so far.  The new laws are expected to come into action within 60 days of being issued, which means they could kick in from July 27, 2022.

(Indian Express, June 08, 2022)

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Benq aims over Rs 1,000 crore turnover in next 3 years from Indian market

Technology products and consumer electronics maker Benq is aiming over twofold growth in India turnover and cross Rs 1,000 crore in next three years, helped by increased demand for display products after the pandemic and opportunities from educational and other institutions, said a top company official. The company expects equal contribution from its consumers in business-to-consumer (B2C) and business-to-business (B2B) segments, where it caters to demands of private and government institutions. "We are among the few companies which had a positive impact of COVID in the overall business and going forward, we see this trend to continue. We expect to continue to grow at a rate of 50 per cent year-on-year for at least next three years," Singh said.

(ET, June 05, 2022)

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Power electronics in e-mobility

This decade is expected to be the decade of electric vehicles. The rise of electric vehicles is inevitable around the world and India alike. The Indian electric vehicle market is still in its infancy, but it is predicted to grow at more than 50% CAGR over the next two decades. The primary technology driver for e-mobility systems in Power Electronics. Building blocks for Electric Vehicles are Batteries, Traction Motor, and Power Electronic Converters. Technologies for these building blocks must improve to provide vehicle range, safety, reliability, life, and flawless operation. Above all, design decisions are driven by cost. While battery technology is evolving as a reliable and safe power storage unit, researchers are also working on improving battery technology to enable their fast-charging capability. Standardization of battery voltage across various segments of vehicles is a key factor for the success of electric vehicle technology development.

(TOI, June 12, 2022)

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Pune: Minister Subhash Desai unveils electronics testing facility in Bhosari

State industries minister on Saturday inaugurated the (MECF) in . It’s a testing, validation, and certification facility for electronics of full products and components, with the Mahratta Chamber of Commerce, Industries, and Agriculture (MCCIA) expecting around 500 units to use the facilities every year.  MCCIA said in a statement that the MECF is a brownfield facility that has been set up under the Union government’s Electronics Manufacturing Cluster (EMC) to reduce dependence on imported electronics, under which the MECF has been set up as a common facility centre for industries to utilise to test and validate their products. He added, “Testing and validation had been the issue because of high cost of such facilities as well as the lack of capacity at facilities such as the ARAI. MSMEs will benefit from the facility, as it is located in close proximity to the existing industries, as well as the auto cluster, and has a pay-for-use model.”

(TOI, June 12, 2022)

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KTR meets union IT minister, seeks more funds, projects to TS; Minister

K.T. Rama Rao has sought funds for Telangana State under the Central government’s production-linked incentive (PLI) schemes to boost IT hardware and manufacturing sectors in the state, sources in the state government. The minister met Union minister of state for IT and electronics Rajeev Chandrasekhar in New Delhi and appraised the Union Minister about the Telangana government’s plans to generate around Rs 2.5 lakh crore worth production in the electronics sector. TRS MPs Nama Nageshwar Rao, K.R. Suresh Reddy, IT principal secretary Jayesh Ranjan, and Nalgonda Collector Gaurav Uppal were among those who were present in the meeting along with Rama Rao. He brought to the notice of the Centre that, as part of Make in India and Telangana, the existing two electronic clusters were nearing capacity and urged him to grant two more clusters through EMC 2.0 scheme (Electronics Manufacturing Clusters scheme).

(Deccan Chronicle, June 08, 2022)

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Information Technology & EV’s

Virtual conference held at National Institute of Technology Karnataka

It was organized by the Department of electronics and communication engineering. The conference put together cutting-edge research results and technical contributions from academics, industry practitioners, experts and leaders in the area of electronics, communications and networking, from all over.  The main aim of this conference was to bring together leading academicians, researchers, technocrats, practitioners, and students to exchange and share their experiences and research outputs, on all aspects of electronics and communication engineering. It was also meant to provide a premier interdisciplinary platform, to present and discuss the most recent innovations, trends, and concerns, as well as practical challenges encountered, and solutions adopted in the field of electronics and communication engineering. The technical tracks received a total of 300 submissions. After a rigorous review process, 60 papers were accepted, thus yielding an acceptance rate of 20%. The technical programme of ICCWC 2022, consists of four technical tracks on selected areas

(TOI, June 11, 2022)

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Renesas to Acquire Reality AI to Bring Advanced Signal Processing and Intelligence

Renesas Electronics Corporation announced it has entered into a definitive agreement with Reality Analytics, Inc. (Reality AI), a leading provider of embedded AI solutions, under which Renesas will acquire Reality AI in an all-cash transaction. The transaction has been unanimously approved by the boards of directors of both companies and is expected to close by the end of calendar year 2022, subject to shareholders’ and required regulatory approval and other customary closing conditions. The Reality AI acquisition allows Renesas to expand its in-house capability to provide comprehensive and highly optimized endpoint solutions both from the hardware as well as the software perspective. This enables system developers to realize endpoint intelligence across a wide range of IIoT, consumer and automotive applications.

(Electronics B2B, June 10, 2022)

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PM Modi hailed for ushering in digital inclusive society in India

Recently, Prime Minister Narendra Modi made a telling observation about his idea of India: “every Indian must have a smartphone in his hand and every field must be covered by a drone”. This was a reaffirmation of his commitment that ordinary Indians must be empowered with technology.  Digital India is a transformative programme to deliver that objective. India’s march is the result of PM Modi’s vision, which he shared at the launch of Digital India on July 1, 2015. He had said: “In this digital age, we have an opportunity to transform the lives of people in ways that were hard to imagine just a couple of decades ago. I see technology as a means to empowerment and as a tool that bridges the distance between hope and opportunity.” Digital India solved some of the most difficult problems the country had been facing for decades. Ensuring delivery of government schemes to its beneficiaries without leakage or misuse remained a herculean task.

(KHMER Times, June 09,2022)

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Samsung Electronics Announces Global Launch of SmartThings Home Life

 Samsung Electronics Co., Ltd. today announced the global launch of Smart Things Home Life, offering consumers worldwide a more holistic smart home experience. Samsung's SmartThings Home Life, introduced at this year's Bespoke Home 2022, is set to launch in 97 countries later in June. What's more, Samsung's updated Family Hub™, available in July, further adds to an expansion of experience at home with its new AI features that add convenience to your daily routine.  "Our goal is to harness connectivity between smart devices to enrich and streamline everyday routines," said Chanwoo Park, Executive Vice President and Head of IoT Business group of the Digital Appliances Business at Samsung Electronics. "The global launch of SmartThings Home Life will expand our services and empower users everywhere to focus less on their daily tasks and more on living in each moment."

(Hans India, June 08, 2022)

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Centre Mentions Gap In Social Media Rules Vis-A-Vis Big Tech Behind New Panel Proposal: 

The government's proposal to set up a grievance panel that will have the power to override decisions of social media companies and other internet firms is aimed at addressing some infirmities and gaps arising out of big technology companies, an official statement said on Monday. The Meity said that it has notified IT Rules, 2021 on February 25, 2021, with goals to ensure an open, safe, trusted and accountable Internet for all Indian internet users and "Digital Nagriks". Under the rules, significant social media intermediaries -- those with over 50 lakh users -- are required to appoint a grievance officer, a nodal officer, and a chief compliance officer. This personnel has to be residents of India. The social media firms covered under the rules are also classified as "Big Tech" companies as they dominate the segments in which they operate. 

(Outlook, June 07, 2022)

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Telecom

India’s lack of Fiber affects mobile internet quality

A recent survey by Local Circles, a popular social media company in India, says that two in three Indian consumers of digital payments experience one or more monthly disruptions in transactions because of substandard 3G or 4G network quality. More worrisome is that more than nine out of 10 mobile phone users in India complained of poor wireless connectivity, as per the same survey.  “These findings are significant because they indicate that not only the mobile data services that are being delivered to consumers are deficient, but because of this, India is not seizing its full potential on digital payments. India did a total of 35 billion digital transactions in 2021, and if network issues are fixed the number of digital transactions could go up significantly,” says the Local Circles report. The inferior quality is all the more glaring now because after the outbreak of the COVID-19 pandemic there is a growing dependency on the digital infrastructure for several activities, including banking, online learning and shopping, apart from being in touch with family and friends. The Local Circles survey says that 62% of 3G/4G customers are using digital platforms to make one or more payment transactions every month.

(Fierce Wireless, June 10, 2022)

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To develop sustainable practices, Indian Samsung service centres go paper free

For developing sustainable practices, Samsung India’s service centres across India have gone paperless as part of a global initiative to offer customers an eco-conscious alternative to paper documents through a new global integrated system.  More than 11,000 service centers in 180 countries including India operated by 40 Samsung Electronics subsidiaries around the world will first adopt the system, the company said in a statement. This also includes replacing internal office work documents at service centres with electronic documents.  The pilot project that was kicked off in July 2021 across the country has so far saved over 16 million A4 sheets of paper.  Apart from the savings in paper usage, what this means for customers is faster transactions at the Samsung service centres and contact-less exchange between consumers and service executives. 

(Business Today, June 06, 2022)

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UPI Market Cap Guidelines Likely To Get Deferred; Apps To Get More Time To Comply

The TPAP guidelines intend to discourage monopoly (or in UPI’s case duopoly), by limiting the market cap to 30% per payment app. Currently, PhonePe and Google Pay together hold over 80% of the UPI market share. NPCI is reportedly looking to extend the deadline as an inevitability, fearing market disruption. NPCI, the governing body of UPI, is looking to extend the January 2023 deadline for its 30% market cap on third-party apps providing UPI. An ET report, citing sources, stated that NPCI is looking to extend the deadline as an inevitability, fearing market disruption. According to the SOPs issued by NPCI, here’s how it would work. If any UPI app reaches a market cap of 25%, it will receive an alert from NPCI. At 27%+, it will receive a second alert and thereby have to provide evidence of steps that it will take to adhere to the 30% limit.  

Source: Link

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Musk says he may drop Twitter deal if data on fake accounts not provided

Elon Musk on Monday warned that he might walk away from his $44 billion offer to acquire Twitter Inc if the social media network failed to provide data on spam and fake accounts. In a letter to Twitter, the billionaire reiterated his request for details on bot accounts and said he reserved all rights to terminate the merger as the company was in a "clear material breach" of its obligations by not providing him with the information. Twitter shares were down 5.5% at $38.13 and were trading at a steep discount to Musk's offer of $54.20 per share, suggesting that investors did not expect the deal would close at the agreed price. Twitter did not immediately respond to a request for comment. This is the first time Musk has threatened to walk away from the deal in writing as opposed to airing it on Twitter's social media platform.

Source: Link

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Defence, EV & Solar

O2 Power switches on 250 MW solar project in Rajasthan

The project is located in the Jaisalmer district and benefits from a 25-year power purchase agreement with Solar Energy Corporation of India.   Gurgaon-headquartered O2 Power has commissioned its first solar project in India. The 250 MW PV project is located in the Jaisalmer district of Rajasthan. The project was commissioned in two phases through April and May. It will supply electricity to Solar Energy Corporation of India Ltd (SECI) at a fixed tariff of INR 2.50 ($0.032)/kWh for 25 years. SECI, in turn, will sell the power to Rajasthan Urja Vikas Nigam Ltd to meet the state’s power demand. The project uses Longi, Talesun and Chint bifacial modules. O2 Power is owned by Swedish private equity firm EQT Infrastructure and Singapore’s state-owned Temasek. Headquartered in the Gurgaon district of the Indian state of Haryana, it focuses on developing utility-scale renewable projects across solar, wind, and hybrid via both greenfield project development and mergers and acquisitions. Parag Sharma leads the platform as chief executive officer.

(PV Magazine, June 06, 2022)

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GreenZo to offer green hydrogen solutions from electrolysis to storage

Delhi-based renewable project consultant GreenZo Energy has forayed into the green hydrogen market with plans to produce solutions from electrolysis to storage. Initially, the company will manufacture electrolyzers but plans to offer installation and turnkey services to generate green hydrogen from its products. The company officials are in discussion with the Indian government to finalize the location and are also exploring the options, incentives, and benefits provided by the government for green hydrogen. GreenZo plans to be the incumbent player within green hydrogen space for years to come, said Agarwal.

(PV Magazine, June 06, 2022)

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New solar module for pavement applications

Hungary-based Platio Solar launched new solar modules for PV pavement applications at the recent Smarter E event in Munich, Germany. “They rely on a new frame structure that provides better protection for the glass surface,” Marketing Manager Helga Ruscsák told pv magazine. “They can be used for pavement, terraces, driveways, sidewalks, parks, bicycle roads, marinas, and low traffic roads, as well as for other industrial and off-grid applications.” The monocrystalline panels have a power conversion efficiency of 22.3%, an open-circuit voltage of 2.72 V, and a short-circuit current of 8.89 A. They are fabricated with four cells measuring 158.7 mm x 158.7 mm. The panels are covered by 10 mm of tempered glass treated with an acid-etched pattern. They are also equipped with a frame made of a polymer composite based on low-density polyethylene (LDPE) and high-density polyethylene (HDPE) with matrix-forming material.

(PV Magazine, June 06, 2022)

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UP Govt, Adani Group ink MoU to build ammunition manufacturing complex

The Government of Uttar Pradesh signed a Memorandum of Understanding on the eve of Global Investors’ Summit in Lucknow to set up South Asia’s largest integrated manufacturing facility in Uttar Pradesh Defence Industrial Corridor. In his address at the UP summit, Gautam Adani, Chairman of the Adani Group highlighted the importance of having self-reliance in high quality ammunition and the manufacturing complex is Adani Defence’s endeavour towards equipping our Armed Forces with state-of-the-art battlefield equipment. The ammunition complex will have state-of-the-art technology across small and medium calibre ammunition, along with short-range air defence missiles. It shall be a key facilitator in India’s goal of achieving $5.0 billion exports in defence manufacturing.”

(IMR, June 04, 2022)

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Indian Army begins trials of drone for high-altitude regions 

Kalyani Strategic Systems Limited (KSSL), the defence arm of Kalyani Group, Pune based Indian conglomerate unveiled the unique drone BHARAT 150, a multi-payload, variable mission drone indigenously developed by the group. The X-8 configuration drone is already under testing by the Indian Army in high altitude areas in Leh-Ladakh and performed 8.5 KM with 20 kg payload. The drone is a vertical take-off and landing (VTOL) Unmanned Aerial Vehicle (UAS), with a maximum take-off weight of 150 kg and empty take-off weight of 58 kg. The craft comes integrated with an indigenously developed radio communication system and Inertial Navigation System (INS) with anti-jamming and anti-spoofing capabilities, making it operational in jamming and GPS-denied environment as well. It’s autonomous and electronically stable design makes it suitable for application in Logistics, Search and Rescue, Signal Intelligence and communication intelligence, ISR, Loitering Munition for warhead dropping etc.

(IMR, June 03, 2022)

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L&T signs up with start-up to develop submarine launched UAVs

A new range of submarine launched drones to meet Indian Navy requirements will be developed by defence sector giant Larsen & Toubro, with the company signing up a Bengaluru based start-up for a joint research and development effort. Submarine launched Unmanned Aerial Vehicles (UAVs) are a relatively new concept with few nations around the world having the capability to operate such systems. The Indian Navy had recently floated a requirement for such a system through the Defence Research and Development (DRDO) Technology Development Fund.

(IMR, May 30, 2022)

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Consumer Electronics

Consumer Electronics brand TEDDY BEAR eyes PAN India expansion with a new website - TEDDYBEAR.TECH

As the digital electronic market is expanding in the world with new technologies, TEDDY BEAR, a leading brand has been producing electronics products and services since 1998. They have been in business for 25 years and have launched a new website called TEDDY BEAR in April 2022 for better exposure in the market to serve clients with world-class high-quality products. TEDDY BEAR intends to provide consumers with premium-quality items at reasonable rates that are appealing to the Indian market. The company's website now serves metro areas, but it plans to expand to include tier 2 and tier 3 cities soon. With the company's efficiency, they hope to release new items in the market shortly while keeping the demands of the customers in mind. At the same time, the firm strives to stay ahead of the competition in terms of technology and quality.

(Zee News, June 06, 2022)

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Zebronics introduces its made-in-India ‘tower speaker’

Homegrown consumer electronics and lifestyle accessories brand Zebronics, on Monday announced the launch of Made-in-India tower speaker ZEB-BT800RUF.  The tower speaker has been aesthetically designed and comes with a wired mic to enhance your house party experience, the company said in a statement. The speaker comes with multi-connectivity options with which once can stream their music wirelessly with BT. The speaker also comes with input options like USB//AUX including a built-in FM Radio.   "We're committed to bring best in class, high-quality audio products in India. The ZEB-BT800RUF tower speaker aligns with Prime Minister Narendra Modi's initiative "Vocal for Local" and Aatmnirbhar Bharat which is gaining momentum rapidly, and we're dedicated to bringing more products that are built with love in India," Pradeep Doshi, Director at Zebronics said. 

(Business Today, June 06, 2022)

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IIT Mandi Researchers Team Achieves Crack-Free WS2 Monolayer for Large Scale Flexible Electronic Applications

Researchers at the Indian Institute of Technology Mandi have developed a process to achieve crack-free Tungsten Disulphide (WS2) monolayer by investigating the role of the growth substrate, thermal stress and defects. The result provides a platform to mitigate defects in Chemical Vapor Deposition (CVD) grown 2D materials for pragmatic applications such as flexible electronics, neuromorphic devices, and sensors. The findings of this study were published in the ACS Applied Materials Interfaces. But the device fabrication of 2D materials using these monolayers is limited due to the lack of large-scale, crack-free growth of monolayers. However, IIT Mandi researchers have demonstrated that crack generation can be avoided despite defects and voids in a WS2 monolayer if CVD growth is performed on a suitable substrate such as sapphire.

(India Education Diary, June 11, 2022)

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This consumer electronics stock zoomed 2500% in 2 years; hits new high

Shares of PG Electroplast hit a record high of Rs 897.95, after it rallied 15 per cent on the BSE in intra-day trade, on the back of heavy volumes. The stock of consumer electronics company surged 30 per cent in two days after the company posted strong operational performance in March 2022 quarter (Q4FY22) that signaled robust outlook. In Q4FY22, the company’s earnings before interest depreciation tax and amortization (EBITDA) more-than-doubled to Rs 52.46 crore from Rs 25.28 crore in Q4FY21. Despite low margin in TV and Electronics business, that contributes only 9 per cent to the total revenues, operational EBITDA margins improved by 85 bps basis points (bps) due to operational leverage. Meanwhile, the company’s profit after tax jumped 165 per cent year on year (YoY) at Rs 27.63 crore from Rs 10.44 crore, a year ago, whereas, net sales grew 52 per cent YoY to Rs 500 crore.

 Source: Link

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MSME

PM to launch Jan Samarth portal, a direct link to govt credit schemes

Prime Minister Narendra Modi will launch the Jan Samarth portal today which is a national portal and is a link to all credit schemes by the central government. The presentation of the portal will take place during the `Iconic Week Celebrations` (June 6 to11) of the Ministry of Finance and the Ministry of Corporate Affairs at Vigyan Bhawan, New Delhi. The one-stop digital portal will directly connect beneficiaries to lenders to serve its main purpose of encouraging inclusive growth and development of various sectors by guiding and providing them with the right type of government benefits through simple and easy digital processes.

(KNN, June 06, 2022)

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MSME Associations to launch B2B Portal for Mysore region products

Under the collective effort made by the industries and MSME Associations of Mysore, a B2B online portal to promote industrial products of the region will be launched today. L. Nagendra MLA will inaugurate the online portal. The portal will assist the entrepreneurs by giving them global marketing exposure and help them connect directly to the consumers as well. Felicitation of Best Industrial Awardees is also scheduled by Mysore Industries Association, Mysore District Small Scale Industries Association, Hebbal Industrial Estate Manufacturer’s Association and MSME Council at 5 pm at The Institution of Engineers in Mysore.

(KNN, June 06, 2022)

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Nearly 2.5 lakh PSB loans sanctioned under SIDBI 59-min loan scheme   

Small Industries Development Bank of India (SIDBI) 59-minute loan approval scheme for micro, small and medium enterprise (MSMEs) has sanctioned 2,40,852 PSB loans in 59 Minutes involving Rs 81,690 crore as of June 1, 2022. According to the MSME Ministry’s monthly data, out of total loans sanctioned 2,23,507 loans involving Rs 66,256 crore were disbursed so far. In the first two months (April-May) of the financial year 2022-23, around 1,101 loans were sanctioned while 818 were disbursed.  This scheme enables in-principle bank approval for collateral-free term loans or working capital loans to MSMEs from Rs 1 lakh to Rs 5 crore. However, the amount disbursed via the scheme had only a single digit share of 4.63 per cent in the total bank credit of Rs 17.63 lakh crore to MSMEs in April 2022. In terms of collateral, borrowers without collateral security can avail business loans through the portal under the Credit Guarantee Fund Trust for Micro and Small Enterprises scheme (CGTMSE), although as per lenders’ discretion to seek collateral from borrowers to disburse loans.

(KNN, June 06, 2022)

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RBI predicts a post pandemic recovery for MSEs

The latest data published by the Reserve Bank of India (RBI ) on sectoral deployment of bank credit indicates  a gradual recovery among Micro & Small Enterprises (MSEs) in the post pandemic times. The gross bank credit deployed to MSEs during the month of April 2022 has scaled up 19.7 per cent to Rs 14.08 lakh crore from Rs 11.77 lakh crore as compared to April 2021. The year-on-year (YoY) growth during March stood at 10.6 per cent vis-a-vis 8.4 per cent in February and 4.8 per cent in January. Bank credit to MSEs included enterprises in manufacturing and services sector and priority sector lending (PSL) certificates.  The data shows a growth in the credit deployed to medium enterprises with a 65 per cent jump to Rs 3.54 lakh crore in April from Rs 2.15 lakh crore in April 2021. In comparison, March credit had registered 36.9 per cent growth to Rs 3.04 lakh crore from Rs 2.22 lakh crore in March 2021. The overall credit given to the MSME sector in April was also higher at Rs 17.63 lakh crore from Rs 16.17 lakh crore deployed in March and Rs 16.10 lakh crore deployed in February.

(KNN, June 06, 2022)

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Exports by STPI units stood at Rs 5.69 lakh cr in FY22

Exports through Software Technology Parks of India (STPI) units has been recorded at Rs 5.69 lakh crore during the financial year of 2021-22. Celebrating its 31st Foundation Day today, Arvind Kumar, Director General of STPI said “Exports through STPI units have grown from Rs 17 crore in FY92 to Rs 5.69 lakh crore in FY22.” He credited the growth to STPI’s attitude of being an enabler and not just a regulator.  “We have shown the world that if you want to see the growth of industry, in place of regulating it, enable it,” he added. Kumar congratulated all the employees and said, “STPI has won the trust of all stakeholders including government & industry in STPI and this trust infuses transparency in the organization.” STPI under the Ministry of Electronics and Information Technology (MeitY) is working with the objective of encouraging, promoting, boosting Software Exports, and nurturing the startup ecosystem in the country.

(KNN, June 06, 2022)

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Clix Group partners with Tezzract to lend Rs 1000 crore to MSMEs

Clix Group, a non-banking financial services group with a pan-India presence, has entered into a strategic partnership with Tezzract Fintech Private Limited, to innovate and bring new age solutions for lending to MSMEs in India. In a statement, Rakesh Kaul, CEO, Clix Capital, said, "We aim to disburse Rs 1,000 crore to MSMEs in FY23. Tezzract is building proprietary technology that we can leverage to solve various needs of MSMEs through their evolution, helping maximize lifetime value benefits and reducing transactional costs for them.” 

Source: Link

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ELCINA EVENTS , ACTIVITIES & SERVICES 

SEMI President & CEO Mr Ajit Manocha and ELCINA Leaders agree to collaborate

In the backdrop of Semicon India 2022 being organised in Bengaluru from 29^th April by Ministry of Electronics & IT and the recently announced Scheme for Promotion of Semiconductor Eco-System in India with a massive outlay of Rs 76,000 Crores, SEMI President & CEO Mr Ajit Manocha met ELCINA Leaders in New Delhi to explore collaboration opportunities for promoting the Semiconductor and electronics industry. The vision of the industry leaders is to catalyse the industry in India and support investors by ensuring that the benefits of the Semiconductor and other schemes under National Policy on Electronics are delivered to them and targets achieved. 

SEMI, headquartered in Milpitas, California, USA, is the leading global industry association comprising companies involved in the semiconductor, electronics design and manufacturing supply chain connecting a vast global community from electronics domain serving more than 2,500 member companies and 1.3 million professionals worldwide.

SEMI is headed by Mr Ajit Manocha, a distinguished industry leader with over 40 years of global experience in the semiconductor industry. Formerly he was CEO at GlobalFoundries. He has had an esteemed career shouldering top responsibilities at Spansion, Philips/NXP Semiconductors following his early career success at AT&T Bell Laboratories where, as a research scientist, he was granted several patents related to microelectronics manufacturing. Mr Manocha is active on global advocacy issues, championing electronics advances to improve global innovation, health, safety, talent, and education. In 2020, the Silicon Valley Engineering Council inducted him to be in the Silicon Valley Engineering Hall of Fame.

The two associations agreed to foster collaboration and identify potential opportunities in upcoming semiconductor and microelectronics sector in the country and work to realise the potential.

Speaking on the occasion, Mr Sanjay Agarwal, President ELCINA expressed great enthusiasm on the prospects of SEMI and ELCINA working together. He said “ELCINA is dedicated to serving electronics manufacturing across verticals and supporting Semiconductor manufacturing is a matter of pride for us. Some of our long-term members are manufacturing Discrete semiconductors and devices and our collaboration with SEMI will strengthen our efforts and enable growth of this high-tech segment. Our strengths are complementary, and this will have very encouraging results in the times to come. ELCINA can provide an interactive and vibrant platform in India to global companies represented by SEMI and hand holding them to successfully establish operations in India and avail benefits of the schemes formulated by the Central and State Governments of India. We are dedicated to work to provide a seamless and positive experience in India”.

Mr Ajit Manocha too expressed happiness at the prospect of SEMI working with ELCINA and welcomed the strategic objective of Government of India and the industry to become a hub for electronics and semiconductor innovations serving the requirement of the world. “The partnership with ELCINA will be beneficial for the entire industry,” Mr Manocha said. “Some tough lessons had been learned from the geo-political issues over the last 2-3 years which had shaken up the confidence of global companies”. However, he stated that “India had not taken advantage of the opportunities which had emerged while smaller economies such as Vietnam and Philippines had been able to gain more. The new Semiconductor Policy announced by Ministry of Electronics & IT is well thought out and much better geared to catalyse the growth of the semiconductor industry in India. We are very happy to collaborate with ELCINA to connect the industry in India with the global semiconductor community for mutual benefit. We will work towards the common objectives of supporting the global electronics industry and strengthen the efforts for research and development for sustainability, green electronics, societal gains and skill development”.

Dr Ashwini Agarwal, Director, Applied Materials spoke on the India Semiconductor Opportunity -Challenge and Change, and highlighted the “huge potential for ELCINA to work together to promote the semiconductor industry in line with ‘Make in India’ opportunity. There was need for strong focus on B2B engagement and collaborations for investment and market promotion” Dr Agarwal said. Mr Amrit Manwani, Chairman Sahasra Group which is establishing the first Semiconductor facility for packaging memory devices was equally optimistic about the SEMI – ELCINA collaboration and fiture of semiconductor manufacturing in India. “Being a part of ‘AtmaNirbhar Bharat” initiative the ‘India Semiconductor Mission’ (ISM) is bound to be a great success and we at ELCINA would be happy to be a part of this nation building exercise”.

Key ELCINA members and Past Presidents who participated included Mr Vinod Sharma, MD, Deki Electronics Ltd., Mr Sanjive Narayan, Director, Syrma-SGS and Mr Pankaj Gulati, COO, CDIL. They were keenly looking forward to this close association with SEMI as there was great synergy between the two associations with potential to work together for benefit of their respective members. Notable participating organisations in the meeting included Infineon, Corning, Tata Electronics, Seoul Semiconductors and NCFlexe, IIT Kanpur. Speaking on behalf of ELCINA Members, Rajoo Goel, Secretary General, said that the all-encompassing role of SEMI covering wide scope of the electronics industry is highly synergistic with ELCINA for future engagements to bring new opportunities for Indian industry and enable them to move into the higher technology space.

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Kindly click the following link for registration: https://forms.gle/YRFtWjwxP8YPgZRy5

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FORTHCOMING EVENTS &  GENERAL INFORMATION 

 Overseas Shows

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

Domestic Shows  

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

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 ELCINA Micro & Small Industries Forum  (EMSIF)                               

     EMSIF Marketing Booklet

 For more details about the Forum please contact:

Rajesh Rawat

Manager – Events & CKM

Cell: +91 9911445890

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

 

Prachi Naphade

Executive –  Projects, Research and Communication

Email: prachi@elcina.com

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ELCINA PRODUCT DISPLAY CENTRE at  ELCINA HOUSE

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

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

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PUBLICATIONS

ELCINA EMS Task Force Report:

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

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

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

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

https://elcina.com/ems-task-force-report-on-market-industry-analysis-of-ems-sector-in-india

“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;

https://elcina.com/an-update-on-the-indian-printed-circuit-board-industry

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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

https://elcina.com/a-study-on-opportunities-and-challenges-in-strategic-electronics-in-aerospace-defence-sector-with-focus-on-msmes

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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:

https://elcina.com/super-capacitor-market-landscape-study

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

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