POLICY SCAN                                                                                    

Gujarat announces �Semiconductor Policy' with heavy subsidies

Gujarat government on Tuesday announced the "Gujarat Semiconductor Policy 2022-2027" to attract investments in the Chip manufacturing sector and became the the first state in the country to announce a dedicated policy to support the semiconductor and display manufacturing sector. "The Gujarat Semiconductor Policy 2022 to 2027" has been announced with a commitment to promote rapid and inclusive growth in the domestic semiconductor chip manufacturing sector in the state. About two lakh jobs will be created in the next five years through this policy, said minister of Science and Technology Department Jitu Vaghani.  The policy has been announced essentially to attract investment in the chip manufacturing sector in Gujarat under India Semiconductor Mission (ISM) announced by the Union Government that has an outlay of Rs.76000 crore.   Vaghani further said that for the projects approved by the India Semiconductor Mission under the Ministry of Electronics and Information Technology of the Government of India, in addition to the assistance provided by the Government of India, additional assistance at the rate of 40 percent of the capital assistance provided by the Government of India will be provided by the State Government.. 

(ET, July 27, 2022) 

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INDUSTRY  SCAN                                                                           

General

In six months of 2022, orders to block Twitter content, handles past 2019 figure

Content and account blocking orders issued to Twitter by the Centre in the first six months of 2022 have exceeded the number of such orders issued to the social media platform in the entirety of 2019. According to data shared by Minister of State for Electronics and IT Rajeev Chandrashekhar with the Lok Sabha 1122 blocking orders were issued to Twitter until June 2022, compared to 1,041 such orders in the whole of 2019.In 2021, Twitter was issued 2,851 blocking orders under Section 69(A) of the Information Technology Act, 2000, the highest for any year, data shared by Chandrashekhar revealed. This coincides with the microblogging platform blocking more than 250 accounts in relation to sharing "provocative" tweets over the then ongoing farmers' protests and the company receiving orders from the government to take down some tweets critical of the government's handling of Covid-19.

(The Indian Express, July 27, 2022)

To Establish Center of Excellence for MSME, NSIC and LG Electronics sign an agreement

In the presence of Shri Narayan Rane, Honorable Cabinet Minister, Shri Bhanu Pratap Singh Verma, Honorable Minister of State, Shri B. B. Swain, Secretary MSME, Shri P. Udayakumar, CMD, NSIC, and Shailesh Kumar Singh, AS&DC, National Small Industries Corporation (NSIC) signed an agreement with LG Electronics India Pvt Ltd. and the Electronics Sector Skills Council of India (ESSCI). The goal of this project is to train underprivileged youth in the fields of consumer electronics and appliances. LG Electronics and the Electronics Sector Skills Council of India (ESSCI) will establish a "Centre of Excellence" at NSIC- Technical Services Center. This will give young people new opportunities in the field of electronics and produce skilled labour for jobs in this industry. 600 youths would be served each year in the first year.

(Current Affairs, July 27, 2022)

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Display monitors with multiple benefits 

Monitors under ₹10,000.00 in India are now available for gaming, business, office, and personal use. Consumers generally look for lightweight, amazing sound quality, good resolution and response time, budget-friendly and designer monitors with eye-care technology. The monitors under ₹10,000.00 in India are now available with blue light filter technology that lowers harmful blue light emissions. he Acer EK220Q 54.61 cm Monitor is a very competent model. Most of the displays on this monitor can be featured with a very efficient resolution of FHD 1920 x 1080. With a wide performance, angle colours can be monitored at angles up to 178 degrees. This monitor's EK Series includes both HDMI and VGA ports, which are helpful for video connections. It comes with a full HD VA panel, backlit LED monitor with 250 Nits HDM1 and VGA ports, eye care features, and flicker less technology. Specific uses of the monitor are personal, gaming, and business. With an HD display, anti-glare technology, and an adjustable stand, the Dell 20 D2020H is a stylish and dependable monitor. With a viewing angle of 90 degrees and 50 degrees, it is backed by flicker-free technology, which reduces screen flickering by providing the display with a consistent power source.

(HT, July 26, 2022)

Eye on private firms, govt may define 'ownership' of non-personal data

THE GOVERNMENT could look at clearly defining "ownership" of non-personal data held by big-tech platforms, such as Google, Meta and Amazon, if they refuse to share such data with a regulator as proposed in the draft National Data Governance Framework, The Indian Express has learnt. The draft framework, announced by the Ministry of Electronics and Information Technology (MEITY) in May, looks at acquiring non-personal data from the Government and persuading private companies to share this data for the benefit of start-ups in the country. Asked how the Government will ensure that private companies share non-personal data, given that the provision is non-binding, a senior official said: "Once we have a functional IDMO, the Government will share all the non-personal data in its possession with it.

(The India Express, July 26, 2022)

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Open Banking to open finance, make fraud prevention intelligent: Experts

Open banking has both fostered digitalisation and a cultural awakening towards the benefits of new collaborative ecosystems, in which the interconnectedness of each player can gain and contribute to sustainable, circular economic growth and value creation, through enhanced services, increased frictionless and secure functionality and interoperability. Irrespective of whether open banking has been driven by regulation or market players, and its state of maturity and approach taken, open banking represents a global phenomenon, with over 60 countries adopting open banking and open data measures, and an estimated 24 million users worldwide. Banks have needed to review their traditional business models and embrace the technological revolution, through new partnerships with market incumbents and newcomers in the field of innovative technologies, which provide for new VAS for consumers, in what has become a data driven, transactional and networked economy, said a report by Finextra 

(ET, July 26, 2022)

A US Recession Will Also Come to India's Tech Hub

India's tech industry is ruling out a US recession. Or so you would think from Infosys Ltd.'s cheery forecast of 14% to 16% annual revenue growth, slightly better than what the country's second-biggest exporter of software services was projecting just three months ago. The Bengaluru-based firm, which reported its June quarter earnings on Sunday, is considered the industry's weathervane. If it's optimistic about orders, then there's reason to believe that the deal pipeline isn't drying up. US and European firms � from banking, manufacturing and retail to health care and utilities � are still entering offshoring contracts, particularly those that will help them automate processes to cut costs.  Evidence of heightened activity is also visible in last quarter's 12% year-on-year jump in Bengaluru office rents � three times as steep as Shanghai, Singapore or Sydney, according to Knight Frank. In the world's code-writing capital, information technology drives more than two-fifths of office-space leasing. If the tenants are paying more for space, they must be upbeat about the future. 

(Bloomberg, July 25, 2022)

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NSIC signs MoU with LG Electronics to set up Centre of Excellence for MSME Sector

NSIC signs MoU with LG Electronics India Pvt Ltd and Electronics Sector Skills Council of India on July 22, 2022 in the presence of Shri Narayan Rane, Hon'ble Cabinet Minister, Shri Bhanu Pratap Singh Verma, Hon'ble Minister of State, Shri B. B Swain, Secretary MSME, Shri P. Udayakumar, CMD, NSIC, Shailesh Kumar Singh, AS&DC(MSME).  The NSIC will facilitate passed out trainees in job fairs along with the sector skills council and LG Electronics will give them job preference to NSIC - Technical Services Centre (Okhla) trainees NSIC Technical Services Centre, Okhla has been in the forefront of training the youth in various skills and entrepreneurship based training programmes. NSIC  training programmes are industry centric and market-oriented.

(PSU Connect, July 25, 2022)

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Information Technology

The second wave of India's crackdown on Chinese tech is here

After Chinese smartphone apps, India is now cracking a whip on phone makers from its on-and-off rival and neighbor. In the last few months, at least three major Chinese smartphone makers have faced investigations from India's Enforcement Directorate (ED), the agency responsible for enforcing economic laws. In April, the ED seized over $695 million from Xiaomi Technology India Private Limited, a wholly-owned subsidiary of the Beijing-based Xiaomi group. Earlier this month, the ED seized 119 bank accounts holding over $58 million of Vivo India, which is owned by China's BBK Electronics. A few days later, the ED accused Vivo's sister firm, Oppo, of $551 million in tax evasion. Following repeated harassment by the financial crime-fighting authorities, the long-time India head of Xiaomi, Manu Kumar Jain, relocated to Dubai. The company has also accused authorities of physical violence and coercion during questioning. Vivo India's two Chinese executives have also reportedly fled India on-road to China via Nepal, as the probe intensified.

(South Asia Newsletter, July 27, 2022)

We are well placed to let fintech lead the success of Digital India

From a 6.6% contraction in 2020-21, the Indian economy recorded a sharp rebound of 8.7% growth in 2021-22, by provisional estimates. The International Monetary Fund's World Economic Outlook suggests that India shall become a $5 trillion economy by 2026-27. This growth is attributed in large part to the exponential growth expected in digital infrastructure for services, especially financial.  The rise in digital adoption during the pandemic has made India a trailblazer of the fintech revolution for developing as well as developed nations. The Niti Aayog report, India's Booming Gig and Platform Economy, has underscored the role of fintech and a regulatory sandbox regime in helping India achieve its $5 trillion target. The same was previously highlighted by the 2019 annual report of the Union ministry of electronics and information technology. It mentions that India has a potential to create over $1 trillion in economic value from the digital economy, including services.

(Mint, July 27, 2022)

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Twitter says it's India business will close due to account blocking orders, K'taka HC issues notice to Centre

Karnataka High Court on Tuesday issued a notice to the ruling BJP government at the Centre in connection with the order asking to block nearly 1,100 Twitter accounts by the Ministry of Electronics and Information Technology. The single division bench headed by Justice Krishna S. Dixit gave the order after the arguments by senior counsel Mukul Rohatgi, appearing for Twitter, explained that if the blocking order continues, the whole business of Twitter will close. For the accounts to be blocked, as per rules reasons have to be recorded and given to the microblogging platform which is not being done.  The bench posted the matter for hearing on August 25, and assured to consider the plea by the counsel of the central government to make the hearing in-camera. Twitter had submitted in its petition that blocking orders by the Ministry of Electronics and Information Technology (MeitY)under IT Act are demonstrating excessive use of powers and disproportionate.

(Times Now, July 26, 2022)

LG Electronics and ESSCI to set up Centre of Excellence at NSIC's Technical Services Centre

LG Electronics and Electronics Sector Skills Council of India (ESSCI) will jointly set up a Centre of Excellence (CoE) at NSIC - Technical Services Centre. It aims to train underprivileged youth in the fields of consumer electronics and appliances. A MoU was signed by NSIC with LG Electronics India Pvt Ltd and ESSCI last week.  In the first year, 600 youth per year would be benefitted on electronics goods servicing and repairing. NSIC will facilitate passed out trainees in job fairs along with the sector skills council and LG Electronics will give them job preference to NSIC - Technical Services Centre (Okhla) trainees. The agreement was signed by O. P. Singh, Centre Head, NTSC (Okhla), and Tae Jin Chang, Head Customer Service, LG India. 

(KNN, July 25, 2022)

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Bharat Electronics to gain from indigenisation; easing of chip shortage key

Bharat Electronics Ltd is a key beneficiary of the indigenisation drive in the defence sector. In the June quarter (Q1FY23) earnings call held on Thursday, the company said it has been asked to submit a roadmap for indigenising the components it imports from Russia and Ukraine. Further, the company is in discussions to take up annual maintenance contracts of Russian platforms, which are heavy on electronics. "We believe focus on defence indigenisation will only accelerate with the Russia-Ukraine crisis especially given Russia has accounted for 40%+ of India's defence imports," said analysts at Jefferies India in a report on 21 July. With respect to the non-defence business, it aims to increase the mix to 15% of sales in FY23 from 12% in FY22. The company sees Rs10000-12000 crore opportunity size from rail and metro sector where systems are currently being imported. Such diversification would aid in reducing dependence on the government, which is the sole buyer of defence equipment.

(Mint, July 22, 2022)

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Telecom

India now the second-largest mobile phone manufacturer in world: Govt.

India has emerged as the world's second largest mobile phone manufacturer as its production of devices in terms of value has grown by over two times in FY22, the government has said. In India, mobile phones worth Rs 5,277 crore were manufactured in FY22, up from Rs 2,334 crore worth of devices produced in FY21, the government said, crediting its production-linked incentive scheme for this feat.  "Due to the Production Linked Incentive (PLI) Scheme, India is currently one of the fastest-growing mobile phone manufacturers in the world and has emerged as the second-largest manufacturer of mobile handsets in the world in volume terms," Union Minister of State for Electronics and Information Technology Rajeev Chandrasekhar said in a written reply to a question in Parliament.  The Centre has cleared names of 16 companies to get benefits - 10 mobile phone manufacturers and six electronic component makers.

(ET, July 27, 2022)

Maharashtra beats 5 states to get Vedanta-Foxconn's Rs 2.06 lakh crore investment in electronics

Maharashtra has beaten at least 5 states to win a stupendous Rs 2.06 lakh-crore investment by Vedanta Group-Foxconn partnership in the sunrise semiconductors chips and display fabrications sector in Pune, officials said. The deal, the single biggest investment of its kind in Maharashtra -- coveted by Gujarat, Tamil Nadu, Karnataka, Telangana and Himachal Pradesh -- was signed in the presence of Chief Minister Eknath Shinde and Deputy Chief Minister Devendra Fadnavis. Earlier this year, Vedanta Group -- a mining giant based in Mumbai -- had partnered with the Hon Hai Precision Industry (Foxconn) with plans to invest $15 billion in phases over the next five-ten years to manufacture semiconductor chips and displays in India. 
 

(ET, July 26, 2022)

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Defence & Solar

'Atmanirbhar Bharat': India clears defence purchases worth ₹29,000 crores

In a significant boost to Prime Minister Narendra Modi's vision for self-reliance in the defence manufacturing sector, India has cleared weapon purchases worth ₹28,732 crore, including armed drone swarms, carbines and bullet-proof jackets that will be designed and developed in the country, the Union ministry of defence said on Tuesday.  The close-quarter carbines will be for front-line soldiers deployed along India's borders, including the Line of Actual Control (LAC) with China where the two countries have been locked in a tense standoff since May 2020, officials familiar with the matter said on conditions of anonymity. The defence acquisition council (DAC), India's apex weapons procurement body, accorded its acceptance of necessity (AoN) for the capital acquisition proposals at a meeting chaired by defence minister Rajnath Singh. Under India's defence procurement rules, AoN by the council is the first step towards buying military hardware.

(HT, July 27, 2022)

Garuda Aerospace to back Indian Army in field trials with drones

Garuda Aerospace, a developer of low-cost drone solutions, has announced its support to the Indian Army for conducting trials with drones. The main purpose of its support is to demonstrate drones and anti-drone technology to diversify applications, support security mandates and serve the nation, the company said in a press statement. The drones will be used for on field testing and training, which will embark towards creating a global footprint that will not only impact the arm but increase efficiency, the statement added.  �Supporting the Indian Army has always been my dream and now it has come true. This support to the Indian Army will transcend with scaling up opportunities in future for Garuda Aerospace. Our drones are designed with artificial intelligence and the machines are supported with great and quick learning technologies. I'm very honoured to witness this moment and represent the trails which will bring out solutions for various initiatives in the future", said Garuda Aerospace founder Agnishwar Jayaprakash.

(ET, July 26, 2022)

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India received Rs 494 crore FDI in Defence sector since revising policy

Govt :  India has received foreign direct investment of about Rs 494 crore in the defence sector since the policy was amended in September 2020, the government said in the Lok Sabha on July 25, 2022. Over the years, the government has taken a series of measures to boost domestic defence manufacturing. In 2020, the government announced to increase the foreign direct investment (FDI) limit from 49 per cent to 74 per cent under the automatic route and up to 100 per cent through the government route in the defence sector. "The Government vide Press Note No 4(2020 Series) dated September 17, 2020, has liberalised and allowed FDI under automatic route up to 74 per cent and up to 100 per cent through government route wherever it is likely to result in access to modern technology," Minister of State for Defence Ajay Bhatt said, replying to a question. "Since the notification of revised FDI policy, the total FDI inflow reported till May 2022 is approximately Rs 494 crore," he added.

(News on Air, July 26, 2022)

MoD bans imports from 18 top defence platforms, items to be made in India

The Ministry of Defence (MoD) revealed in Parliament on Friday the names of eighteen major defence platforms that can no longer be imported. Instead, they will henceforth be indigenously designed and developed (D&D) by domestic industry. "In continuous pursuit of achieving self-reliance in defence manufacturing under 'Aatmanirbhar Bharat Abhiyan' and in sync with the announcement made in the Union Budget 2022-23 that allocated 25 per cent of the defence R&D budget for industry-led R&D, 18 major platforms have been identified and announced by the MoD for industry led D&D," stated the MoD in a written response to a Parliamentary question. These include army platforms, such as a light-weight tank, self-healing minefields and "plug-and-play housing" for soldiers posted at extreme altitudes. The navy platforms include a 127 millimetre naval gun for capital warships, while the air force platforms include the long-awaited Indian multi-role helicopter (IMRH) and a stand-off airborne jammer.

(BS, July 23, 2022)

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JA Solar reveals results of year-long n-type, p-type tests

JA Solar has concluded one year of tests to compare its n-type and p-type bifacial PERC solar modules at a testing field located at China's National Center of Supervision and Inspection on Solar Photovoltaic Product Quality (CPVT) in Yinchuan, in the Ningxia Hui region. The company conducted the tests between February 2021 and February 2022. The results were confirmed by Germany's TUV Nord. The testing location has an annual average temperature of 8 C and an annual average solar radiation of 2,800 to 3,000 hours with a solar spectrum very close to the standard illumination conditions (AM1.5). The testing field comprised a 6-kW unit equipped with n-type panels and a 6 kW unit relying on p-type products, with an inverter of 20 kW being connected to both sets. The panels were installed on fixed structures with a tilt angle of 40 degrees and at a height of 1 meter above the ground. The company measured the performance of the array via an environmental monitoring system, a double-sided irradiance meter, a high-precision DC meter, and a temperature sensor.

(PV Magazine, July 20, 2022)

NHPC and DVC to jointly develop pumped hydro storage projects

NHPC Ltd and Damodar Valley Corporation (DVC) are looking to develop hydropower and pump storage projects as energy storage solutions jointly. The two state-run power producers have signed a Memorandum of Understanding (MoU) to explore the formation of a joint venture company for exploring and setting up hydropower and pump storage projects. In Leh, NHPC will develop a pilot green hydrogen fuel cell-based microgrid, including hydrogen production, to meet the power requirement of the NHPC guest house at Nimmo Bazgo Power Station (Leh) within NHPC premises. The hydrogen generated in Kargil will be used in fuel cells to run two buses for up to 8 hours in the local area of Kargil. NHPC will upscale hydrogen production on a commercial scale to meet the hydrogen need of the Ladakh region in different sectors like mobility, transportation, heating, and micro-grid.

(PV Magazine, July 20, 2022)

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Delta hits 6,000 EV charger deployments in India 

Delta, a global leader in power and thermal management solutions, has announced it has delivered more than 6,000 electric vehicle (EV) chargers to customers in India. The company has supplied more than 1,000 chargers under an agreement with Tata Power Company Limited. It has also installed over 60 EV chargers for several sites operated by Energy Efficiency Services Ltd (EESL) and has supplied 114 EV chargers to Bangalore Electricity Supply Company Ltd. (BESCOM). Moreover, a single site features 11 fast chargers for one of the largest bus OEMs in India. Delta also supplied a portfolio of EV chargers to a Kerala state utility company. The company plans to increase the localized content of its product and solution offering to 80% within a few years, said Benjamin Lin, Delta Electronics India's President and GM. "We welcome government initiatives to develop the local manufacturing sector.

(PV Magazine, July 20, 2022)

Novel method to turn existing solar parks into agrivoltaic facilities 

An international research team has developed a new approach to improve land use at ground-mounted solar plants, which they claim could be used to add important wildlife habitats or even agricultural activity to land already in use by a conventional PV system. "We initially developed our approach for existing solar plants installed in the region of Apulia in southern Italy, but it could be utilized in other regions or countries with different vegetation," Teodoro Semeraro, an environmental scientist at Italy's University of Salento who led the research, told PV Magazine. "It could also be used for new projects that include agricultural use or rooftop installations combining green roofs with solar power generation, where the agricultural aspect would have less importance." The approach would see new vegetated land cover cultivated below and around solar installations, as potential habitat for pollinating insects or for agricultural activities including beekeeping and medicinal herb production

(PV Magazine, July 20, 2022)

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Hero Future Energies wins 10 MW/ 20 MWh grid-connected battery storage project 

Hero Future Energies (HFE), a renewable energy venture of the Hero group, has announced it emerged as a successful bidder in Kerala State Electricity Board's tender for the construction of a 10 MW/ 20 MWh grid-connected energy storage plant. This will be HFE's first utility-scale battery energy storage system project. HFE will have 15 months from the date of signing of the agreement to commission the project. HFE's current portfolio includes 1.6 GW of wind and solar projects in India. The company has a 2024 growth target of 5 GW of installed and operating capacity globally. Alongside traditional solar and wind projects, HFE focuses on delivering renewable energy projects utilizing technologies including battery storage, floating solar and green hydrogen. "The experience [gained from the 10 MW/ 20 MWh energy storage plant] will enable us to execute similar projects with more states likely to issue storage tenders in the days ahead," stated the company. "We believe that storage will be integral to the next phase of growth of renewables in India and as such will continue to be a key thrust area for HFE."

(PV Magazine, July 20, 2022)

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Consumer Electronics

Spend trend: Consumption survey to include electronics, online shopping 

How much did you spend on hand sanitizers? What did you purchase online? India will now be keeping tabs on your spending online, electronic products such as mobile phones and Covid management products, as part of the Household Consumption Expenditure Survey (HCES), which was launched last week. The results of the consumer expenditure survey are used to update the consumption basket and base revision of the Consumer Price Index. "Covid-related products such as hand sanitisers, disinfectants and fruit and vegetable washes will be covered in the survey," the official added. The revamped survey comes after the government junked the findings of the survey done in 2017-18, citing data-quality issues, after leaked reports pointed to a fall in consumer spending for the first time in four decades in that year. Moreover, the new survey questionnaire has been split into three parts that would be covered in an equal number of visits to the households.

(ET, Aug 01, 2022)
 

India's consumer electronics industry is set on the path to Industry 5.0

By 2025, the manufacturing sector will breach the $1 trillion mark, positioning India on the global manufacturing map. Even as the pandemic exposed the vulnerabilities of economies, it is time to analyse India's manufacturing playbook and see it transition from Industry 4.0 to Industry 5.0, comprising smart artificial intelligence-enabled factories.  The latest episode of Mint Zetwerk Smart Manufacturing dialogue, titled The Next Frontier in Consumer Electronics-Digitally Driven, in partnership with Zetwerk, delved into why digitization is important to the consumer electronics industry's growth. It also highlighted how big players can leverage new technologies to bring in speed and agility into the ecosystem. Lokesh Payik, partner, Bain and Co. moderated the session. While enterprises are building smart and connected manufacturing set-ups, sustainability and a zero-waste policy also fare high on the agenda of a vast majority. Enterprises are shifting their products from linear to circular, keeping the sustainability goals high. 

(Mint, July 31, 2022)

India, Brazil, U.S., Consumer Electronics Repair and Maintenance Market Valuation Worth USD 4,751.1 Million by 2030 

Allied Market Research published a new report, titled, "India, Brazil, U.S., Consumer Electronics Repair and Maintenance Market" The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segment, Porter's Five Forces analysis, and competitive landscape. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and changing market trends. This, in turn, increases the need for repair and maintenance. Market players are expanding their service centers in smaller towns of Brazil and India; the market is already well-established in the U.S. Moreover, application of digitalization in consumer electronic products is increasing efficiency in making supply chain process easier and transparent.

(Newswires, July 29, 2022)

How UBON is Vying to Capture a Major Share in the Gadget, Accessory, & Consumer Electronics Segment

UBON, headquartered in Delhi, was incorporated in 1999 with a vision to address the need for 'Connected Consumers' and 'People on the go'. The brand is known for its products such as Bluetooth speakers and headphones, chargers, cables, car accessories, care products, and surge protectors to name a few. He realized the lack of serious intervention of branded players for the masses in the mobile phone accessories segment, which is a rapidly growing niche in India. Thus, UBON manufactures quality gadgets at an affordable price by focusing on both - the right assembly of equipment combined with well-built quality. The brand caters to every type and every category of the consumer, by providing a wide range of more than 126 products and accessories. 

(IndianRetailer.com, July 21, 2022)

Rupee slide, demand slump double whammy for consumer electronics firms 

The depreciating rupee has amplified concerns for consumer electronics brands and retailers already coping with a slump in consumer demand brought on by the economic slowdown.  The rupee breached the 80 mark against the dollar on Tuesday. The domestic currency has depreciated 25% since December 2014, finance minister Nirmala Sitharaman told the Lok Sabha on 18 July. "The rupee slide is the biggest pain right now for manufacturers and brands both," said Arjun Bajaj, chief executive of Daiwa, a homegrown TV brand. Industry analysts said the slide in the value of the rupee has made it difficult for brands to lower prices. A high dollar price means components will become significantly more expensive, said Tarun Pathak, research director at Counterpoint. With a renewed focus on manufacturing, firms in India import components like integrated circuits, memory chips and displays. These components make up a significant part of the cost of manufacturing consumer electronics products.

(Mint, July 20, 2022)

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MSME

Kerala hopes to exceed official target of 1 lakh registered MSMEs to 1.5 lakh in FY23

The Kerala government is expecting to surpass its official target from 1 lakh to 1.5 lakh registered MSMEs in FY23, said Industries, Law and Coir Minister P Rajeev. During Q1FY23 about 42,300 micro, small and medium enterprises (MSMEs) got registered in the state. He said this after inaugurating a new facility of Innovature at Infopark Phase 2 SEZ in Kakkanad last week.  In the previous fiscal year Kerala had only 17,300 MSMEs registered in the whole year. Owing to the geographical location of the state, he said the government encourages industrial projects requiring less land.  Focused on Japanese clients, Innovature, with 500 employees and working space of 20,000 square feet, is targeting a growth of 2,000 employees by 2025. He spoke about the exemptions that are now available for non-IT startups which their IT counterparts enjoy. "The state government has decided to provide certain discounts even to non-IT businesses with 10 acres of land, along with a grant of Rs 3 crore," he added. 

(KNN, July 25, 2022)

IIT Bhubaneswar to train engineers for semi-conductor industry under chips-to-start-ups program 

The Indian Institute of Technology in Bhubaneswar has received the approval to run a project under the Chips to Startups program of the government to train engineers for various roles in the semiconductor industry. Addressing a press conference in Bhubaneshwar on Sunday, Ashwini Vaishnaw, the minister for electronics and information technology said that IIT Bhubaneswar had joined the government's Chips to Startups program to help us achieve our mission of training 85,000 high-quality engineers in semiconductor industry. Apart from training engineers belonging from semiconductor industry, the Chips to Startups program also aims to train 250,000 shop-floor technicians and junior engineers. For the training of shop-floor technicians, Electronics Ministry has partnered with Taiwan's Industrial Technology Research Institute and The Agency for Science, Technology and Research, Singapore.

(KNN, July 25, 2022)

Sick MSMEs in Andhra Pradesh to get revival support 

The Andhra Pradesh government is conducting a survey to identify sick MSMEs and help them with all the essential support. From 2.50 lakh MSMEs across the state the survey will detect sick MSMEs and industries that are urgently in need of support, as per TNIE.  The state government is committed to provide handholding mechanism for the MSME sector as it is of the view that MSMEs are crucial for employment generation. It aims to help the MSMEs for the smooth functioning of their units and extend support through finance, raw material or marketing. The MSME Development Corporation has taken up a district-wise survey of the MSMEs, Chairman Vanka Ravindranath told TNIE. "As the COVID pandemic had an adverse impact on several sectors, including MSMEs, Chief Minister YS Jagan Mohan Reddy has directed us to take a study of the MSMEs to extend the required support.

KNN, July 25, 2022)

IIT Guwahati to tie up with MSMEs to make eco-friendly plastic

The Indian Institute of Technology (IIT) Guwahati is eyeing to partner with the industrial sector to make green plastic. IIT through this project aims to provide biodegradable eco-friendly plastic as an alternative to the single-use plastic (SUP). This move comes in the wake of the banning of SUP by the union government from July 1. Indian Plast Pack Forum president Sachin Bansal, said that his organisation will work with IIT Guwahati to get training in the technique of creating different things from biodegradable plastic.  "The Centre's ban has stalled the production of single-uses plastic worth Rs 100 crore in Madhya Pradesh alone," Bansal said. A delegation of the forum will be visitng IIT Guwahi in its efforts to find a practical alternative to SUP so that its production starts. 

(KNN, July 25, 2022)

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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

11^th Strategic Electronics Summit (SES 2022) - Defence & Aerospace

7^th & 8^th July 2022 @ The Lalit Ashok, Bengaluru

Stalwarts @ 11th Strategic Electronics Summit � Defence & Aerospace

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FORTHCOMING EVENTS &  GENERAL INFORMATION 

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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:-  

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:

(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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"Strategic Electronics Market".

A Knowledge Paper on "Strategic Electronics Market" has been prepared jointly by ELCINA and Ernst & Young LLP (EY). It was released by Lt. Gen. Anil Kapoor, VSM, DG-EME, Ministry of Defence. The knowledge paper give the details about Global Strategic Electronics Market, Key initiatives to boost Defence Production & Key development in Strategic Electronics in India.

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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"About ELCINA Investors' Manual"

The Electronics and the ESDM market is one of the key identified segments for a rapid growth in line with the overall objectives of the Government of India's Digital India vision. This market currently valued at $ 100 billion is likely to touch $ 280 billion by 2020 at the current exchange rates and is likely to touch $ 400 billion by 2020.

Global interest in investing in this industry has never been so high with conducive ESDM policies and the nation preparing itself for a unified taxation regime under the GST. The Government of India through its specific ministry, The Ministry of Electronics and Information Technology (MeitY) has taken us some key steps to boost the Industry through its key objectives:

 You may order the same from by following the below link

https://elcina.com/investors-manual

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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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