POLICY SCAN
Kartanaka notifies new Aerospace & Defence
Policy, aims $6 billion investments, 60,000 jobs
over five years
Under
the new Aerospace and Defence policy 2022-27,
the Karnataka government has set a target to
create additional jobs, direct and indirect for
60,000 persons in five years.The primary
objective of the state government is to develop
Karnataka as the aerospace and defence
manufacturing hub, including MRO and space
applications for both the Indian market and
exports. It is eyeing to attract investments
worth Rs 45,000 crore (USD 6 bn). The state
government is aiming to make Karnataka as a
destination for manufacturing of space
applications.Although, Karnataka was the first
state in the country to come up with the
aerospace policy, the new policy was announced
at a time when the aerospace industrial
corridors have come up in Tamil Nadu and Uttar
Pradesh.More than 25 per cent of India�s
aircraft and spacecraft industry is based in
Karnataka and around 67 per cent of all aircraft
and helicopter manufacturing for defence
services is done in the state.
Source:
https://knnindia.co.in/news/newsdetails/state/karnataka-aerospace-defence-policy-to-create-60000-jobs-in-five-years
PLI for Electronics
Manufacturing: This Company Has Been Given
Incentive To Boost Local Production:
The
PLI Scheme for Large Scale Electronics
Manufacturing, which was introduced to boost the
domestic production of electronic components,
has seen its first disbursal approved by the
Empowered Committee. The first company to get
the incentive under the scheme is Padget
Electronics Pvt Ltd, which is a subsidiary of
Noida-based contract manufacturer Dixon
Technologies Pvt Ltd.Padget Electronics will get
a disbursement of Rs 53.28 crore under PLI
Scheme for Large Scale Electronics
Manufacturing. �The Empowered Committee
(EC)�approved first disbursement of Rs 53.28
crore under PLI Scheme for Large Scale
Electronics Manufacturing to M/s Padget
Electronics Private Limited as recommended by
Project Management Agency i.e. M/s IFCI ltd.
Padget Electronics Pvt. Ltd. is a 100 per cent
subsidiary of �Dixon Technologies (India) Pvt
Ltd," the Ministry of Electronics and IT has
said in a statement.It added that the objective
is to make domestic manufacturing globally
competitive and to create domestic Champions in
manufacturing. The strategy behind the scheme is
to offer financial incentives to boost
electronics manufacturing and attract
large-scale investments.
Source:
https://www.news18.com/news/business/pli-for-electronics-manufacturing-this-company-has-been-given-incentive-to-boost-local-production-5935045.html
INDUSTRY SCAN
General
TOP
Indian military can�t be a
silent spectator to global semiconductor boom.
See US, China
India�s
semiconductor mission must converge with its
military �Atmanirbhar� ambitions as a
geopolitical priority. The country needs
hundreds of chip startups to serve its military
and commercial needs. India is home to 20 per
cent of the world�s chip designers, almost all
of whom are employed in the back offices of
foreign firms. It is time our human talent works
to further our national interests.The military
cannot afford to be a silent spectator. Instead,
it must play an instrumental role in building
domestic chip capabilities.From phones to car
keys, semiconductors are ubiquitous in our daily
lives. As a result, governments around the globe
are investing billions of dollars in building
domestic semiconductor capabilities. This effort
includes Prime Minister Narendra Modi�s $10
billion Semiconductor Mission, the US
government�s $208 billion Chips Act, and China�s
eye-popping $1.4 trillion investment vision for
its semiconductor sector by 2025.
Source:
https://theprint.in/opinion/indian-military-cant-be-a-silent-spectator-to-global-semiconductor-boom-see-us-china/1115864/
India wants to quadruple electronics biz in just
four years
India's Ministry of State
for Electronics & Information Technology
released a report this week exploring how the
subcontinent might increase electronics
production by roughly 400 percent and exports by
an ambitious 750 percent by 2026."The government
is laser-focused on achieving the target of $300
billion electronic production by 2026," said Electronics
and IT minister Rajeev Chandrasekhar on
Monday.The target for electronics exports by
2026 is $120 billion. The report was written in
conjunction with the India Cellular and
Electronics Association (ICEA). It was designed
to help the government pinpoint the challenges
to get to this extremely ambitious goal from
where India currently stands: it manufactures
electronic goods worth $76 billion at present,
with just $16 billion of that sent to export.
Source:
https://www.theregister.com/2022/08/31/india_electronics_report/
India only
major country to grow in smart personal audio
market
India
was the only country that bucked the global
negative trend in the smart personal audio
shipments in the second quarter (Q2) this year,
registering a huge 55 per cent growth.The
worldwide smart personal audio shipments fell by
1.7 per cent year on year to 98.1 million units,
according to market research firm Canalys.
India, the world`s third largest smart personal
audio market, increased shipments by a massive
55 per cent.But growth in India was insufficient
to offset the overall global decline, with the
US down 1 per cent and China down 13 per
cent.TWS was the only smart personal audio
category to grow, recording 8 per cent growth at
63 million units, and India is the key driver
behind the TWS growth."Without India`s
impressive growth, the global TWS market would
have gone into a decline," said analyst Ashweej
Aithal.
Source:
https://www.zeebiz.com/india/news-india-only-major-country-to-grow-in-smart-personal-audio-market-198406
Road ahead
for boosting electronics manufacturing in India
The
Indian electronics market, which was estimated
to be around $75 billion last year, is now
expected to grow by 6-7% annually for the next
six years. This was not the case if one were to
assess the situation two years ago. There was a
definite dent in manufacturing plants being shut
and demands lowering. However, just like
everything gets better with time, so did the
electronics industry. The best lesson we all
learned from the pandemic was that we need to
have in-house manufacturing units. Due to the
pandemic and trade being shut, several
manufacturers and retailers found it hard to
keep up with demand. For instance,
semiconductors and panels were so scarce in
India that the television industry had months of
backlog as parts were not available.But not
anymore. Due to several PLI schemes and the
Make-in-India initiative, several plants are
being set up for end-to-end manufacturing in
India. The Electronics Development Fund policy
and the Modified Special Incentive Package
Scheme have been introduced to promote
manufacturing.
Source:https://yourstory.com/smbstory/electronics-manufacturing-boost-india-business/amp
Renesas
Electronics to acquire India-based Steradian
Semiconductors
Advanced semiconductor
solutions supplier Renesas Electronics has
entered into a definitive agreement to acquire
India-based Steradian Semiconductors in an
all-cash transaction. The acquisition, subject
to customary closing conditions, is expected to
close by year-end .No other terms of the deal
were disclosed. With the advancements of ADAS
(Advanced Driver Assistance Systems) in the
automotive market, the number of radar sensors
installed in vehicles is expected to triple over
the next five years as radar is considered an
essential sensing technology for ADAS. Renesas
said it is expanding its automotive product
portfolio with Steradian's radar technology to
respond to such growth.
Source:
https://seekingalpha.com
TOP
Information Technology
Exercise conducted by CERT-In in collaboration
with Cyber Security Agency of Singapore
Indian Computer Emergency
Response Team (CERT-In) under Ministry of
Electronics & IT, Government of India, in
collaboration with Cyber Security Agency of
Singapore (CSA), today, successfully designed &
conducted the Cyber Security Exercise �Synergy�
for 13 Countries as part of the International
Counter Ransomware Initiative- Resilience
Working Group which is being led by India under
the leadership of National Security Council
Secretariat(NSCS). The theme of the exercise was
�Building Network Resiliency to counter
Ransomware Attacks�. The exercise scenario was
derived from real life cyber incidents, in which
a domestic level (limited impact) ransomware
incident escalates to a global cyber security
crisis. Exercise �Synergy� was hosted by CERT-In
on its exercise simulation platform. Each State
participated as a National Crisis Management
Team having composition from different
government agencies including National CERTs/CSIRTs,
Law Enforcement Agencies (LEA), Communication &
IT/ICT Ministry and Security agencies. The
specific objective of the exercise was to
Assess, Share and Improve strategies and
practices among Member-States to build network
resiliency against ransomware & cyber extortion
attacks.
Source:
https://pib.gov.in/PressReleseDetailm.aspx?PRID=1855771
Slack offers
new DocuSign integration to streamline
e-signature process
Slack
has announced a new contact lifecycle management
(CLM) integration with e-signature platform
DocuSign, allowing users to navigate the full
agreement processes inside their Slack
workspace.Although users already had the ability
to send, sign and collaborate on agreements with
DocuSign eSignature for Slack, much of the
process still required the need for access to
multiple, disparate systems, for internal and
external stakeholders alike.The new DocuSign CLM
for Slack app instead allows colleagues and
customers to navigate the full agreement
process, including redlining, reviewing and
approving, directly within Slack. This removes
the need for signatories to check their emails
or switch to different systems in order to
receive status updates.
Source:
https://www.computerworld.com/article/3672121/slack-offers-new-docusign-integration-to-streamline-e-signature-process.html
Decline in PC and tablet shipments will continue
through 2023, says IDC
Global shipments of PCs and
tablets are in steep decline, but will pick up
again in 2024, according to a new study by
IDC.Shipments of traditional PCs are forecast to
decline 12.8% to 305.3 million units in 2022,
while IDC expects tablet shipments will fall
6.8% to 156.8 million. The combined market for
PCs and tablets will decline by 2.6% in 2023
before returning to growth in 2024, according to
IDC. It attributes the reduced outlook to
inflation, the weakening global economy, and the
surge in buying over the past two years.
Consumer demand has slowed, education demand has
largely been fulfilled, and enterprise demand is
getting pushed out due to worsening
macroeconomic conditions, IDC said.
Source:
https://www.computerworld.com/article/3672409/decline-in-pc-and-tablet-shipments-will-continue-through-2023-says-idc.html
Addigy enables IT to automate Apple device
configuration policies
The tool is designed to
make it much easier for enterprise IT to apply
policies across their Apple device fleets. What
tends to happen when attempting to apply
policies at a device level is that IT must do so
manually doing. This seems likely to get easier
with iOS 16, iPadOS 16, and macOS Ventura, but
it remains a time-consuming challenge for
IT.Addigy explains that Flex will save IT admins
time by eliminating the tedious task of manually
assigning Apple device policies to new or
existing devices. "Addigy's Flex Policies is a
game-changer for not only IT admins managing
Apple devices but also the industry," "By making
it easier for IT teams to onboard Apple devices,
we're destigmatizing Apple devices in the
workplace. The reality is Apple usage in the
workplace is expected to grow over the next
several years, and whatever we, as a company,
can do to assist IT admins and MSPs with
managing these devices is a win for everyone."
Source:
https://www.computerworld.com/article/3671671/addigy-enables-it-to-automate-apple-device-configuration-policies.html
TOP
Telecom
Jio,
Airtel 5G capex estimated at $16.8 bln in
FY23-25
We expect Bharti and Jio to
spend $7.7 billion/$9.1 billion on capex
(excluding spectrum) from FY23-25 and expect
them to curtail their 3G/4G capex and spend
large on 5G going ahead,� BofA Securities said
in a note to clients. Analysts expect Airtel�s
overall capex to be lower than Jio as the Sunil
Mittal-led telco is rolling out 5G services on
non-standalone (NSA) mode that uses existing 4G
id-band airwaves (1800 MHz, 2100 MHz) with
C-band capacity 5G spectrum (3.3 GHz) unlike
Jio's standalone 5G network that will use more
expensive 700 MHz spectrum.
Source:Times
of India
Global 5G
subscriptions tally reaches 690 million in Q2:
Ericsson :
In an
Q2 update to its
Ericsson Mobility Report, the vendor noted
5G subscriptions grew by 690 million during the
three months to the end of June as operators
continued to roll out their next generation
mobile networks, including 5G standalone (SA)
systems: By the end of the second quarter, 218
CSPs had launched commercial 5G services, with
24 operators having deployed 5G SA networks. NEW
DELHI: Global 5G subscriptions grew by 70
million in the second quarter of 2 . 5G
accounted for 8.3% of all mobile subscriptions
by the end of Q2 2022, according to Ericsson�s
research teamMobile broadband is the overall
winner, as the number of 4G as well as 5G
connections is risingMobile data traffic volumes
are greater than ever, driven by video content
consumptionThe number of 5G connections
worldwide hit 690 million by the end of June
2022.
Source:
https://www.telecomtv.com/content/5g/global-5g-connections-hit-690-million-ericsson-45288/
Vodafone
Idea shareholders approve elevation of Moondra
as CEO; Takkar becomes non-executive director
Shareholders of Vodafone
Idea NSE 0.00 % have approved elevation of
company's chief financial officer Akshaya
Moondra as new chief executive officer,
according to voting result of the annual general
meeting released on Tuesday. The company held
its 27th AGM (annual general meeting) on Monday
in which 99.75 per cent shareholders voted in
favour of the special resolution to appoint "Akshaya
Moondra as chief executive officer of the
company". Moondra's appointment comes at a time
when the company is reeling under debt of close
to Rs 2 lakh crore and has been incurring huge
losses.
Source:
https://economictimes.indiatimes.com/industry/telecom/vil-shareholders-approve-elevation-of-moondra-as-ceo-takkar-becomes-non-executive-director/articleshow/93886281.cms?from=mdr
Domestic
telecom firms want BSNL to adopt new tower
technologies
In a letter to BSNL
chairman, PK Purwar, dated August 30, 2022 Voice
director general Rakesh Kumar Bhatnagar said,
"Since, an indigenous new tower technology s NEW
DELHI: Homegrown telecom companies led by Voice
Of Indian Communication technology. Recently, BSNL announced a procurement under the
Infrastructure as a Service Provider (IaaSP)
category for designing and delivering 17,264
ground-based towers (GBT).Voice claims that one
of the members, Kotkar Energy Dynamics, has
created the Advait-Tower, a new generation
telecom tower with significant cost and
implementation time advantages over the GBT of
an earlier generation.In addition to the 6,279
villages that now have 2G connectivity, the
Union Cabinet endorsed a scheme in July of this
year to reach 24,680 unconnected villages with
fourth-generation (4G) mobile services.BSNL
would carry out the project utilising the 4G
technology suite from Atmanirbhar Bharat for a
cost of Rs. 26,316 crores, which would be
covered by the Universal Service Obligation Fund
(USOF).
Source:
https://telecompod.com/local-telecom-companies-urge-bsnl-to-implement-new-tower-technologies/1169/
TOP
Defence & Solar
CCS clears
indigenous LCA Mark 2 fighter aircraft project
In
a major boost to indigenous fighter aircraft
development initiatives, the Cabinet Committee
on Security on Wednesday cleared the development
of LCA Mark 2 fighter aircraft which would be a
replacement for the Mirage 2000, Jaguar and
MiG-29 combat aircraft in the Indian Air Force.
�LCA Mark 2 fighter aircraft development project
has been cleared by the government. This would
pave the way for designers to develop an
advanced 17.5-tonne single-engine aircraft.
Development of new aircraft is to be completed
by 2027,� Aeronautical Development Agency chief
Girish Deodhare told ANI on the project. In a
telephonic conversation from Bengaluru, Deodhare
said the project would benefit from the progress
made in the LCA Mark 1A programme and would help
in the development of the fifth generation
Advanced Medium Combat Aircraft project.
Source:
https://theprint.in/defence/centre-gives-nod-to-development-of-indigenous-lca-mark-2-fighter-aircraft-project/1111127/
DRDO
confirms successful trials of enhanced range
Pinaka rockets in Pokhran, Balasore
Pokhran (Rajasthan)
[India], August 29 (ANI): Trials of the
Made-in-India enhanced Pinaka Rockets were
successfully conducted at Balasore and Pokhran
over the past few weeks, Defence Research and
Development Organisation (DRDO) officials said
on Monday.Manufacturers of the system- Munitions
India Ltd and Economic Explosives Limited � met
user requirements at trials� completion, the
DRDO said today. The officials further said that
this is a further step in the direction of the
�Make in India� initiative of the government in
the defence sector. In a success for Make in
India in defence, the manufacturers including
Munitions India Ltd and Economic Explosives Ltd
met the user requirements at the completion of
the trials,� the defence officials said.
Earlier, this May, DRDO also confirmed the
trials of the Advanced Towed Artillery Gun
System (ATAGS) being successfully conducted at
Pokhran Field Firing Range (PFFR)
Source:
https://theprint.in/india/drdo-confirms-successful-trials-of-enhanced-range-pinaka-rockets-in-pokhran-balasore/1106161/
Rajnath approves fresh 'positive list' of
sub-systems to promote domestic defence industry
Rajnath
Singh has approved a list of 780 components and
subsystems which will only be procured from
domestic industry after a ban on their import
kicks in under staggered timeline of around six
years. Defence Minister Rajnath Singh has
approved a fresh list of 780 components and
subsystems which will only be procured from
domestic industry after a ban on their import
kicks in under a staggered time-line of around
six years.It is the third such "positive indigenisation" list comprising line replacement
units, sub-systems and components used for
various military platforms, equipment and
weapons, and the aim is to minimise imports by
the defence public sector undertakings (DPSUs).
The defence ministry has set specific timelines
for import ban of the items, spanning a period
from December 2023 to December 2028."Singh has
approved the third positive indigenisation list
of 780 strategically important Line Replacement
Units (LRUs)/Sub-systems/Components with a
timeline beyond which they will only be procured
from the domestic industry," it said in a
statement on Sunday.
Source:
https://www.business-standard.com/article/economy-policy/rajnath-approves-positive-list-to-promote-domestic-defence-industry-122082800335_1.html
TOP
Indian Navy receives first-ever fully indigenous
AK-630 gun ammo
In a major boost for
achieving indigenisation in the armed forces,
the Indian Navy on Friday received its
first-ever fully Made in India 30mm ammunition
for AK-630 guns fitted on warships."Satyanarayan
Nuwal, CMD of the Economic Explosives Limited
handed over the first consignment of the
ammunition to Navy Vice Chief Vice Admiral SN
Ghormade," Indian Navy said in a release. Indian
Navy in its pursuit of Atmanirbharta by
fostering the industry provided technical
support in terms of finalisation of drawings,
design specifications, inspection tools, proof
and testing of ammunition," the Navy said. With
the collaborative approach, the Indian Navy has
been able to successfully develop an alternate
source of supply for 30mm ammunition, Navy
officials added.
Source:
https://zeenews.india.com/india/indian-navy-receives-first-ever-fully-
GeM pegs defence procurement to reach Rs 30,000
crore this year: Official
According
to GeM Chief Executive Officer P K Singh, the
procurement agency expects to garner about Rs 2
lakh crore sales in the year across the country.
Public procurement portal Government
eMarketplace projects defence
procurement made through it to double to Rs
30,000 crore during the current financial year,
a top official said here on Friday According
to GeM Chief
Executive Officer P K Singh, the procurement
agency expects to garner a bout Rs 2 lakh crore
sales in the year across the country. The GeM portal
launched by the Centre in 2016 is for online
purchase of goods and services by all central
government ministries and departments. Last
year, the defence
procurement was around Rs 15,000 crore. The
target is to double it to Rs 30,000 crore this
year," he told reporters here.
Source:
https://www.business-standard.com/article/current-affairs/gem-pegs-defence-procurement-to-reach-rs-30-000-cr-this-year-official-122082600962_1.html
India's NHPC,
Bharat Electronics plan gigawatt-scale solar
factory August 23 (Renewables Now)
Indian hydropower producer
NHPC Ltd (BOM:533098) and aerospace and defence
electronics company Bharat Electronics Ltd
(BOM:500049) will work together to build a
gigawatt-scale solar factory. The two
state-owned companies have entered into a
memorandum of understanding (MOU) in relation to
this partnership, according to a bourse filing
on Tuesday. The annoouncement did not give any
further information about the project apart from
mentioning it involves the construction of a
vertically integrated solar manufacturing unit.
According to a presentation from
earlier this month, NHPC is currently building
four solar power plants with a combined capacity
of 1,040 MW, to be completed in the period
2022-2024. In addition, it has a 600-MW project
in the tender stage and a few joint venture
developments. The company also lists 2,000 MW of
solar capacity as an intermediary procurer.
Source:
https://renewablesnow.com/news/indias-nhpc-bharat-electronics-plan-gigawatt-scale-solar-factory-795620/
TOP
Consumer Electronics
'Lyne aims to be India�s most trusted consumer
electronics firm'
Launched
in July 2022, Lyne by U&I is an innovative
mobile devices and accessories brand with
product selection that is one-of-a-kind and
unrivalled in terms of quality and value. The
company was founded by Meet Vij, Paresh Vij, and
Navin Vij, who launched Lyne with the goal of
delivering functional and high-quality products
and services to its vast client base. The
company aims to make it a one-stop solution for
all mobile accessory related needs and is
modelled around their legacy family business.
The brand is endorsed by celebrities like Vidyut
Jammwal and Ananya Pandey, and has come out with
over 50 products in 10 categories. Their main
high-demand products include smart watches, data
cables, neckbands, and earbuds. Lyne products
start with an affordable price range of Rs 499,
owing to its six international manufacturing
units and a packaging unit in India. It plans to
establish more domestic units in the upcoming
months to meet consumer demand. In an
interaction, Meet Vij talked about how Lyne was
formed, and the future plans the company has for
the brand.
Source:
https://www.sundayguardianlive.com/business/lyne-aims-indias-trusted-consumer-electronics-firm
How a
pro-manufacturing ecosystem in India has
resulted in creating affordable consumer
electronics products
The Government of India has
taken a lot of important decisions in recent
years to boost the manufacturing ecosystem in
the country. The Make in India program,
improvement in ease of doing business, the
production linked incentive (PLI) scheme, and
the introduction of goods and services tax (GST)
have collectively improved the manufacturing
ecosystem. This noticeable improvement has
attracted domestic and international companies
to the country and helped make consumer
electronics more affordable for the end
consumer.Gone are the days when the wealthy only
bought automatic washing machines, dishwashers,
portable speakers, or LED televisions. Coupled
with the rising income levels, the price point
for these products has seen a correction from a
few years ago. It is now well within reach of
most modern Indian consumers.
Source :
https://timesofindia
Appliances
industry expects up to 35 pc growth in sales
during this festive season
Appliances
and consumer durable makers are looking for up
to 35 per cent growth in sales during this
festive season on increasing demand for premium
products and price hikes.Some of the companies,
however, are "cautiously optimistic" about the
sales of their entry-level mass products in the
country's hinterlands.Companies such as
Panasonic, LG, Sony, Samsung, Haier, Godrej
Appliances, Voltas, Thomson and BSH Home
Appliances expect this festive sale, which
started with the onset of Onam in the south, to
be better than the last year and even cross the
pre-Covid sales volume. Companies such as
Panasonic, LG, Sony, Samsung, Haier, Godrej
Appliances, Voltas, Thomson and BSH Home
Appliances expect this festive sale, which
started with the onset of Onam in the south, to
be better than the last year and even cross the
pre-Covid sales volume.
Source : https://www.newindianexpress.com/business/2022/sep/11/appliances-industry-expects-up-to-35-pc-growth-in-sales-during-this-festive-season-2497122.html
TOP
MSME
MSMEs
in long steel market to grow by 5-10%: CRISIL
According
to a CRISIL Research Micro, small and medium
enterprises (MSMEs) in the long steel segment
will grow by 5-10 per centn It will rise despite
of a indicative 2-4 per cent fall in industry
revenue in 2022-23 (FY23).The fall will be due
to the sharp correction in domestic steel prices
following the imposition of export duty by the
government, together with falling exports.
Earlier during the time period between January
and May there was a surge in domestic steel
prices which led the imposition of export duty.
The move led to a swift 25 per cent correction
in the price of flat steel � which accounts for
almost 80 per cent of finished steel exports and
is dominated by large integrated steel players �
from its April peak. Long steel saw a limited
correction. CRISIL expect flat-steel prices to
correct by over 10 per cent in FY23, even as
long-steel prices remain largely resilient.
Source :
https://knnindia.co.in/news/newsdetails/sectors/msmes-in-long-steel-market-to-grow-by-5-10-crisil
Odisha clears new industrial projects worth Rs
2,005 cr, MSME�s will be benefitted:
The
Proposals for 10 industrial project worth Rs
2005.89 crore received the green signal from the
Odisha government on Monday. Summa Real Media
Private Limited�s proposal to set up a
pharmaceutical manufacturing and research unit
comprising pharmaceutical formulation
manufacturing, active pharmaceutical ingredients
(API) manufacturing and pharmaceutical research
and development centre with annual capacity of
1.6 billion units at Gothapatna in Bhubaneswar,
Khurda district at an investment of Rs 200 crore
was approved by the concerned authorities. This
project will create job opportunities for over
1,280 people.
Reference : Aug 30 (KNN)
Reliance Retail to expand product and design
capability for MSMEs
Announcing
its plan to launch FMCG goods business, Reliance
Retail Ventures Ltd (RRVL) will expand its
product and design capability to MSMEs. This
will help small businesses provide product of
high quality and enhance its customers'
experience. FMCG business as part of Reliance�s
expansion plan this year was announced on
Monday. Director of RRVL Isha Ambani addressing
the 45th AGM of Reliance Industries said, �This
year, we will launch our FMCG goods business.
�The objective of this business will be to
develop and deliver products and solve every
Indian's daily needs, with high-quality products
at affordable pricing, she said while addressing
Reliance Industries' annual general meeting.
Source :
https://knnindia.co.in/news/newsdetails/sectors/reliance-retail-to-expand-product-and-design-capability-for-msmes
TN Skill
Corporation inks pact with 47 firms to promote
skill development among youth
The
Tamil Nadu Skill Corporation on Monday signed an
Memorandum of Understanding with 47 firms to
provide world-class course
contents to the students to help them develop
necessary job skills.This agreement was signed
under the state government�s skill development
and employability facilitation scheme, �Naan
Mudhalvan�.The Tamil Nadu Chief Minister M K
Stalin during the MoU ceremony also launched a
dedicated upskilling portal. He also inaugurated
an exhibition of firms that offer training,
skilling and courses on a range of fields and
subjects.The upskilling portal will have courses
on new technologies like block chain, IT-skills
and programming, banking and financial services
etc. The new portal�s features include
psychometric test, facilitation on free of cost
skilling and low-fee skill upgradation modules
on new technologies
Source :
https://knnindia.co.in/news/newsdetails/state/tn-skill-corporation-inks-pact-with-47-firms-to-promote-skill-development-among-youth
TOP
ELCINA EVENTS , ACTIVITIES & SERVICES
The
11th SES was organised under the
theme "Strategic Electronics � Moving towards
true Aatmanirbhar Bharat and Beyond" has been
the focus of our government and thus was considered
the appropriate theme. The Conference also delved
into how we should look �beyond� self-reliance and
lay emphasis on R&D and Innovation as well as
technological leadership for making a foothold in
global markets.
Key Highlights
-
2 day Conference & Exhibition
-
1200 + Delegates/Visitors
-
550+ Organizations
-
55+ Exhibitors
-
35+ Eminent Speakers
Glimpses of
11th Strategic Electronics Summit (SES
2022) - Defence & Aerospace
7th & 8th July 2022 @ The
Lalit Ashok, Bengaluru
Stalwarts @ 11th Strategic Electronics Summit �
Defence & Aerospace
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