VOL XX, ISSUE 05

15 March 2020

Top Stories Policy Scan Industry Scan Business Opportunity ELCINA Update Upcoming Events

 

 Top Stories                                                                                

 

The Indian Semiconductor Industry Is Growing Up

 

 India has developed a reputation for the back-office function, whether in software or hardware, whether for British Telecom or Texas Instruments. It became the butt of jokes about cheap talent. There have even been television comedy series about the goings-on at Indian back offices, especially for call centers. Today, nearly 30 years after I filed my first article, times are changing. Both India and China are finding their own confidence. China is clearly motivated to clear the hurdles erected by the U.S.-China trade war, and India is awash in nationalist sentiment, propagated by the country’s prime minister and the enthusiasm he stirs up for everything Indian. Indeed, this newfound fervor isn’t restricted to India and China; nationalist sentiment is popping up everywhere. In India, one result has been a spate of programs focused on creating self-sufficiency in many areas, including electronics and semiconductor industries. But it’s not just political and social change that’s driving India’s electronics industry resurgence. The last three decades have seen Indian engineers gain confidence, demand higher salaries, figure out how to move up the value chain, and even branch out from the corporate environments of companies like Texas Instruments, NXP, and Cadence to create their own startups. One high-profile example is Ganapathy Subramaniam, a former director at Texas Instruments in India who co-founded Cosmic Circuits in 2005. When Cadence acquired Cosmic Circuits in 2013, Subramaniam branched out again to invest in other semiconductor-related companies, working alongside Lip-Bu Tan at WRVI Capital.

 

Source: https://www.eetindia.co.in/news/article/The-Indian-Semiconductor-Industry-Is-Growing-Up

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Covid-19: Fiscal, monetary steps required to support economy

 

Both fiscal as well as monetary boosters are needed to help the economy from the twin troubles of output gaps and price spikes due to the coronavirus pandemic which is yet to make a solid medical impact on the country, say economists at SBI Research. The report also call upon the Reserve Bank to consider a degree of prudential forbearance in the most affected sector of hotel, aviation, transport, metal, auto components and textiles to help them tide over the crisis.

 

As of today, three people have lost their lives in the country while over 125 are infected. But the increasing lockdowns across the nation have already left the travel, tourism and hotels industry in the limbo which can only aggravate as more cities join the lockdowns and social distancing measures come into force. On the demand side, an inoperability analysis of transport, tourism and hotels show significant impact on demand and hence output. "On an aggregate basis, we estimate that the impact of a 5 per cent inoperability shock could be 90 bps on GDP from these three segments along with storage and communication segment, and the same can spread over FY20 and FY21, with a larger impact in FY21," SBI Research said in a report on Tuesday.

 

In 2018, the country received 10.6 million foreign tourists, up 5.2 per cent over 2107 and netted USD 28.6 billion in foreign exchange earnings from tourism which was up 4.7 percent in dollar terms. The proposed one-month travel ban will have severe impact on foreign tourist and earnings. Based on above numbers, we can estimate that the country will lose around 2-3 million tourists in 2020 that will lead to loss of USD 5-7 billion foreign exchange earnings. We also believe that domestic train and air traffic will also get hit from this."

 

Source: https://www.business-standard.com/article/pti-stories/covid-19-fiscal-monetary-steps-required-to-support-economy-120031700909_1.html

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It took a pandemic for India Inc to accept the benefits of working from home

 

A majority of Indian employers—particularly in traditional industries—do not allow work from home. Even as new-age startups are open to remote working, at larger companies, it’s an option that is often offered as a perk or for special needs. The coronavirus outbreak has, however, made remote working a necessity overnight. Over recent weeks, several Indian companies have mandated their staff to work from home in an attempt to socially distance people and reduce the spread of Covid-19.

 

But why did Indian companies wait for a pandemic to adopt a practice that has many benefits, for both employees and employers?

 

“With globalisation, teams are spread all over the world and technology facilitates us to work from anywhere, anytime,” said Harriet Molyneaux, managing director of Hot Spots Movement, a London-based specialist research consultancy focused on the future of work. “The rise of the gig economy means that many people work for themselves and do this from their own homes as a cost-effective solution to office space.” At Delhi-based software testing startup Wingify, the staff is “learning to use existing technology more efficiently and creatively” while working from home, said founder and chairperson Paras Chopra. The company’s staff of over 230 has been working remotely for about 15 days now. “The silver lining we will see are the benefits to the environment as more conferences go virtual,” he added.

 

Despite all its benefits, a sudden shift to remote working can prove disruptive.

 

Source: https://qz.com/india/1819365/india-inc-should-have-adopted-work-from-home-before-coronavirus/

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 Fortnightly Previous Edition

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Electronic payments look more appealing as people fear cash could spread corona virus

 

The corona virus outbreak is prompting second thoughts about reaching for cash. 

As the number of cases tick up in the U.S., some are going cashless to avoid potential hygiene issues around handling banknotes. Regardless of  whether there’s a proven risk, the “psychological factor” of people thinking of cash as “unclean” could change how they choose to pay, according to Bain & Co. partner, Thomas Olsen. “Merchants are encouraging people not to use cash, citing Corona virus,” Olsen told CNBC. “We would expect some trigger to accelerate behavior from cash to digital payments.” 

 

The U.S. Federal Reserve is also changing how it handles greenbacks. As a “precautionary measure,” the Fed increased the minimum holding period for bills coming from Asia and Europe to the U.S. to a 10-day minimum. The previous minimum was five days. “The Fed’s staying in contact with the CDC to make sure we’re aware of the latest thinking, and right now it’s mainly person to person contact,” a Fed spokesperson said in a phone interview. “We’re prepared to modify that depending on the circumstances.”

 

Banks in China, where the outbreak started, were ordered to disinfect cash before issuing it to the public in an attempt to slow the virus spread. More than 169,000 people have tested positive for corona virus as of Monday, according to Johns Hopkins University. Chinese government officials said during a February press conference that banks would only be allowed to release new bills that had been sterilized. Meanwhile, the World Health Organization denied reports that the agency warned against using cash. “WHO did not say banknotes would transmit COVID-19, nor have we issued any warnings or statements about this,” a WHO spokesperson said in an email. 

 

Source: https://www.cnbc.com/2020/03/16/electronic-payments-look-more-appealing-as-coronavirus-spreads.html

 

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SECTION I - POLICY SCAN                                                                                             

 

GST RATES ON CERTAIN GOODS AND SERVICES IN 39TH GST COUNCIL MEETING ON 14TH MARCH, 2020

 

GST Council in the 39th meeting held on 14th March, 2020 at New Delhi took following decisions relating to changes in GST rates on supply of goods and services.

 

  • The recommendation of the Fitment Committee for calibrating the GST rate structure to correct the inverted duty structure on various items like Mobile phones, Footwear, Textiles and Fertilizers was placed before the GST Council for discussion. The Council had a detailed discussion on the matter. Upon discussion the Council made the following recommendations:-

  • To raise the GST rate on Mobile Phones and specified parts presently attracting 12% to 18%.

  • To deliberate the issue of calibrating the rate in other items for removing inversion in future meetings with further consultation and examination of issue.

  • GST rate on all types of matches (Handmade and other than Handmade) has been rationalised to 12% (from 5% on Handmade matches and 18% on other matches). This would address the classification issues. This issue was deliberated earlier in the 37th meeting and was pending for decision.

  • To reduce GST rate on Maintenance, Repair and Overhaul (MRO) services in respect of aircraft from 18% to 5% with full ITC and to change the place of supply for B2B MRO services to the location of recipient. This change is likely to assist in setting up of MRO services in India. Domestic MRO will also get protection due to 5% tax paid under section 3(7) of the Customs Tariff Act, 1975 on most imported goods (sent abroad for repairs) as this tax is not available as credit.

Note: It is proposed to issue notifications giving effect to these recommendations of the Council on 01st April, 2020.

 

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 SECTION II - INDUSTRY  SCAN                                                                                            

 

General

 

Tumbling rupee to push up prices of electronic goods

 

 Prices of television, refrigerator and washing machine are set to go up due to steep depreciation of the rupee against the dollar, two senior industry executives said. Smartphone makers such as Xiaomi, Vivo and OnePlus plan to absorb the exchange rate impact as of now, with the industry fearing a slide in sales since prices are all set to go up due to increase in goods and services tax on smartphones to 18% from 12%. But they will factor the exchange rate in the pricing of future launches the executives said. A Xiaomi India spokesperson said the rupee depreciating against the dollar is impacting the company. “We are continuously tracking the exchange rate trend and will take a call based on where it stabilises,” the person said. The development comes just about a month after several consumer electronics and home appliances brands increased prices due to higher logistic and component sourcing cost from coronavirus-hit China. LG and Panasonic NSE 0.98 % will increase prices of their products by 2-4% while several other brands are likely to pass on the impact of rupee depreciation to consumers from next month. The rupee on Friday touched a record low of ₹74.50 against the dollar. Panasonic India CEO Manish Sharma said the company is increasing AC prices by 2-3% from next week, while other products will be hiked from next month due to the exchange rate.

 

(ET, Mar 16, 2020)

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Covid-19 outbreak: Supply in parts, delays in full  

 

Supplies of parts for cars, smartphones, televisions and home appliances and some finished electronic items may be further delayed by a few days after the government ordered screening of all cargo vessels coming from the 12 worst-affected Covid-19 countries outside Indian ports to ensure that members of the crew were not infected with the virus. A March 9 note by the Port Health Organisation (PHO) said that cargo vessels coming from China, Thailand, Hong Kong, Singapore, Japan, South Korea, Vietnam, Indonesia, Malaysia, Iran, Nepal and Italy "will be screened and declared 'suspect' or 'healthy' by the PHO." ET has reviewed the PHO notice. The note said healthy vessel will be given health clearance for port operations and suspected vessel will be cleared by PHO as per the ministry of health and family welfare guidelines for Covid-19. Industry executives said this may further delay the shipping time to factory gates in India by 3-5 days, depending on the time taken for assessment of the cargo vessel by Indian authorities, leading to further production loss. Suspected vessels will be quarantined for at least 14 days as per the protocol for Covid-19 treatment, they said.


(ET, Mar 12, 2020)

 

TOP

 

After-hours with the boss: Manish Sharma

 

With a career spanning more than two decades, Manish Sharma has worked with several electronics companies, including LG Hotline, Samsung India and Haier India, holding positions in many departments, from operations to business development. In his current role, Sharma, 48, an engineering graduate, is overseeing the development of Panasonic in India and South Asia. He also serves as the executive officer of Panasonic Corp. and is the co-chair of FICCI Electronics & White Goods Manufacturing Committee. Antiques never fail to get my attention. They are a reflection of heritage and values that have been passed down for generations, building priceless memories. On a personal level, rediscovering and reinventing myself to stay relevant. I have been thinking about how can I future-proof my firm and my team and give talented individuals the opportunities I got, which got me where I am today. I try to practice “proactive collaboration" in my professional and personal life. This not only helps you learn different perspectives but also teaches a lot about teamwork. For me, three attributes that people should possess that are critical for the success of an organization are ambition, humility and resilience.

 

(LiveMint, Mar 12, 2020)

 

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UL Launches IoT Center of Excellence to Help Innovators Access India and Global Markets

 

NABL accredited state-of-the-art facility with EMC, SAR and wireless testing services offers total service solutions and faster market access to manufacturers and product designers Bengaluru, Karnataka, India: Business Wire India UL, a leading global safety science company, has expanded its Bengaluru facility to help product innovators address compliance and market access challenges in the fast-growing and increasingly complex world of connected devices. The new facility added 12,000-square feet of laboratory space with scope for further expansion, making it one of the most technologically advanced electromagnetic compatibility (EMC), specific absorption rate (SAR), wireless and interoperability testing laboratories in India. The facility, accredited by the National Accreditation Board for Testing and Calibration Laboratories (NABL), enables UL to service a diverse range of products for customers across consumer electronics, information technology, mobile and telecommunications, medical devices, industrial products, lighting and appliances industries. The three key challenges manufacturers and product design companies encounter are efficient global market access, finding EMC and wireless expertise, and speed-to-market for product launches. The new UL facility offers automated data collection, custom-designed test chambers and fast access to technical experts across a multitude of disciplines. The presence of a semi-anechoic chamber provides local product design engineers and developers, a convenient nearby testing facility. Further, the Center of Excellence (CoE) offers global experience and UL experts advise to companies at every step of the product launch process, from designing to preparing for market access, to help ensure compliance to regulations before and during production.

 

(Outlook, Mar 12, 2020)

  TOP

 

Factory output rises in January, retail inflation eases in February

 

India’s factory output unexpectedly expanded in January, while retail inflation eased in February amid fear that the Covid-19 outbreak could weigh on the fragile economic recovery in Asia’s third-largest economy. The National Statistical Office (NSO) on Thursday said the Index of Industrial Production (IIP) rose 2% in January compared with 0.1% growth a month ago while retail inflation eased to 6.58% in February from 7.59% in the previous month. The decline in inflation could open up space for the Reserve Bank of India to provide monetary policy support to boost the economy. UBS on Thursday reduced its 2020-21 growth forecast for India to 5.1% from 5.6% estimated earlier. “While the number of reported Covid-19 cases in India is still modest, we believe the fear and uncertainty over its impact could worsen near-term consumer sentiment and hence domestic demand. The impact on production due to shortages of inputs in a few sectors including electronics, pharma, automobiles or reduced external demand on slowing global growth would also have a bearing on India’s growth outlook. This together with weak credit impulse domestically could constrain growth notably over the next two quarters," it cautioned.

 

(LiveMint, Mar 12, 2020)

 

 TOP

 

Information Technology & EV’s

 

Corona Virus may further dwindle Chinese electronics goods import to India

 

China's share in the import of electronics and IT hardware goods to India have slid below 40% of the total share for the second consecutive fiscal despite clocking over 55% between 2015-16 and 2017-18 and the Covid-19 outbreak in the neighbouring country country could further dwindle due to disruption in the supply chain. These concerns have been shared by Ministry of Electronics and Information Technology (MEITY) with Parliamentary Standing Committee on Information Technology with the former saying that the impact would depend on the "severity and persistence" of Covid 19 Covid-19 or coronavirus. The panel has suggested that the high  on Chinese import in the sector is still too high and the government should look at broad-basing sources. Reports suggest that the worst in China -- where the epicenter of Covid-19, Wuhan, is located -- is over in terms of the spread of virus even as World Health Organization (WHO) has declared it a pandemic due to its spread across the globe. The Parliamentary panel headed by senior Congress MP Shashi Tharoor had asked the Ministry whether the Covid-19 outbreak in China could affect the availability of electronics goods in India and what steps were taken to prevent any possible scarcity of electronics goods in India owing to the manufacturing slowdown in China.

 

(DHNS, Mar 14, 2020)

 

 TOP

 

Ultraviolette Automotive On Busting The ‘Slow And Boring’ Myth Around Electric Bikes

 

India is home to an estimated 60 Mn micro, small and medium enterprises or MSMEs, and the sector has been called the backbone of the Indian economy, thanks to its cumulative contribution to the GDP. Yet, when it comes to credit access, only 10%-12% of MSME players bank on organised sources of credit, leaving the rest to fend for themselves in the wild world of unorganised lending.  This is an opportunity that Indian MSME lending players in the digital domain are eyeing for a long time now. Players like Aye Finance, LenDenClub, NeoGrowth, InCred Finance, Capital Float among others are using their tech-enabled platform to solve the ever-growing credit gap for MSMEs, and small and medium businesses. Together, these platforms have lent billions of dollars in loans to lakhs of MSMEs so far, but the SME lending market is far from saturated, as startups are targeting niches within the sector. Another player growing rapidly in this segment is U Gro.   Mumbai-based U Gro Capital (formerly known as Chokhani Securities) is a BSE-listed, technology-focused, small business lending platform. Founded by Shachindra Nath in July 2018, U Gro is looking to address the capital needs of small businesses by providing customised loan solutions, which it claims is a $300 Bn market that is yet to be fully tapped by lending players.

 

(Inc 42, Mar 12, 2020)

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Private Cars must be part of EV Policy push

 

Deepak Rajagopal/Amol Phadke When it comes to electric vehicles (EVs), we face two choices. One is to view them as still costly for India, and so we must wait and watch while our cities choke and we cede the competitive edge, as we did with electronics, which is India’s second-largest and fastest growing category of imports. The alternative is to see EVs as an opportunity to pursue a new green industrial policy that can reinvigorate the auto sector, reduce dependence on imports and the cost of mobility, and above all, make our cities more liveable. The good news is that both the ₹10,000-crore Faster Adoption and Manufacturing of Electric vehicles Phase-II (FAME-II) scheme, adopted last year, as well as the minimal GST on EVs are aligned with the latter view. The FAME-II was also spot on in prioritising EVs for public buses and two- and three-wheelers ahead of private cars, as the former offer better socio-economic returns on public investment. Having said that, one cannot ignore private cars, for their stock is set to grow and they contribute significantly greater person-kilometre pollution relative to buses and two- and three-wheelers. Recognising the burden of additional subsidies, the rest of the discussion lays out the case for a strong binding mandate on automakers requiring that zero-emission vehicles (ZEVs) — including hydrogen fuel cell vehicles (FCV) — comprise, say, at least 20 per cent of the annual car sales well before the end of the decade.

 

(BusinessLine, Mar 11, 2020)

 

TOP

 

Telecom

 

Samsung Galaxy M21 to Launch in India on Wednesday: Expected Price, Specifications

 

Samsung Galaxy M21 will be launched in India on Wednesday, the latest offering in the company's Galaxy M-series of smartphones aimed at the younger demographic. The smartphone has appeared in numerous leaks over the past few months, but last week, Samsung revealed it would launch in India on Monday, March 16. The South Korean electronics giant isn't holding a press event for the launch, but stay tuned to Gadgets 360 for the latest launch information to emerge on Wednesday, including the Samsung Galaxy M21 price in India, specifications, release date, and more. The Samsung Galaxy M21 can be expected to be priced around the Galaxy M20 (Review), which was launched in January last year starting at Rs. 10,990. The smartphone will be sold via Amazon INdia as well as the Samsung India website. Unfortunately, as we mentioned, there is no launch event for the Samsung Galaxy M21. But, do stay tuned to Gadgets 360, and we will bring you all the details you need as soon as Samsung announces them. Thus far, Samsung has teased that the Galaxy M21 will feature a vertically stacked triple rear camera setup, helmed by a 48-megapixel main camera. There is no information on the other two cameras, but one of them is most likely a wide-angle shooter while the other one might be depth sensor.

 

(Gadgets, Mar 16, 2020)

TOP

 

Mobile phones to become costlier as government hikes GST rate

 

 

Mobile phones in the Indian market could become costlier soon as the GST Council, headed by Finance Minister Nirmala Sitharaman, has decided to increase Goods and Services Tax (GST) on mobiles phones and allied parts from 12 percent to 18 percent. This increased GST is set to go in effect from 1st April 2020. This development comes at a time when the Indian rupee is depreciating against the US dollar. The consumer electronics market, especially the smartphone manufacturers are also facing a touch situation as the product and supply chain has been disrupted because of the coronavirus outbreak. Soon after the announcement from the GST Council, Manu Kumar Jain, Xiaomi India MD and Global Vice President, took to Twitter to oppose the move from the government. In his tweet, he said that the GST increase will crumble the smartphone industry which is already struggling with profitability. He also said that the move will force companies to increase prices which will weaken the the Make in India program. Manu Kumar Jain has requested Prime Minister and Finance Minister to reconsider this decision, at least for the devices priced under ₹15,000. Xiaomi managed to become the dominating smartphone brand in the Indian market through budget devices and a 6 percent increase in the GST fees is a major blow that could affect the potential of the world’s one of the fastest growing smartphone market. And it’s not just Xiaomi, most of the smartphone brands in India focus on the budget segment, given that India is a price conscious market. The likes of Realme, Vivo, and OPPO also managed to grow their share with budget and mid-range devices while Samsung is also doing the same with its newly revamped Galaxy A-series and the Galaxy M-series of smartphones. 

(Mobigyaan, Mar 15, 2020)

 

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HUL’s 4,000 office staff to work out of home from Tue

 

In an unprecedented move, global consumer products company Unilever has directed all office-based employees to work from home starting Tuesday, March 17, as a safety measure and to minimise the spread of Covid-19. In compliance with the parent company’s directive, Hindustan Unilever’s offices across India will also go into a ‘work from home’ mode beginning Tuesday, until further directions are issued. This, however, does not apply to sales people and factory workers. The move could prompt more organisations to issue similar guidelines to contain the pandemic. In response to a TOI query, HUL CMD Sanjiv Mehta said, “As the risk of infection is currently heightened, we have taken several measures to minimise employee exposure and ensure they as well as their families are safe. As a global business, our teams consistently work in an agile manner, meaning we already have robust systems in place. The company has decided to implement ‘work from home’ for all office-based employees starting March 17.” 

(ET, Mar 14, 2020)

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Let telcos pay AGR dues over 20 years: DoT

 

As the Union cabinet took stock of the telecom crisis on Friday, the telecom department (DoT) moved a proposal to allow companies to make interest-free adjusted gross revenue (AGR) payment of Rs 1.47 lakh crore over 20 years. Companies will not have to pay interest beyond October 24, 2019, the day when the Supreme Court gave its judgement on the matter. In addition, DoT has recommended a government guarantee to help telecom companies, such as Bharti Airtel and Vodafone Idea, get loans from state-run banks for funding 15% of their dues, sources told TOI. Over the years, the government has been selective in offering sovereign guarantee even to public sector companies in accessing funds with Air India forced to knock on several doors each time it wants to get a cover to access loans to keep its operations running. The SC is due to next hear the case on March 17 and DoT officials are scrambling to work out a bailout package for telcos.  Source said, DoT’s proposal recommends that all telecom licencees impacted by the Supreme Court judgment should “be allowed to pay the unpaid, or remaining to be paid, amount of past DoT assessed/calculated dues in annual instalments over 20 years (or less, if they so opt), duly protecting the net present value (NPV) of the said dues using a discount rate of 8% (based on one-year Marginal Cost of Lending Rate of SBI which is currently 7.75%)”.

(ET, Mar 14, 2020)

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Walmart to name Sameer Aggarwal CEO of India unit

 

Walmart India is elevating Sameer Aggarwal as head of its India operations in April, replacing Krish Iyer, the veteran who has been at the helm in the country for more than six years, said a person with direct knowledge of the matter. Iyer, currently president and CEO of Walmart India, will move to an advisory role within the company as his contract with the US giant is set to expire only next year, two people said. A Walmart India spokesperson declined to comment on the changes.  This is the third promotion for Aggarwal since he was hired in April 2018 as chief strategy and administrative officer at Walmart India. He previously worked at Yum! Brands in Thailand and UK retailer Sainsbury's in London. Aggarwal was promoted to deputy CEO of Walmart India, which operates 28 Best Price cash-and-carry stores, in January. Walmart also owns Flipkart, India's biggest online retailing platform.

 

(ET, Mar 13, 2020)

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Mukesh Ambani, Premji, Kotak, Mittal bleed through nose; but Damani is still smiling

 

Ace investor Radhakishan Damani is the only Indian billionaire on the Bloomberg Billionaire Index, who is still in positive in terms of wealth growth for this calendar despite the market meltdown. This, even as Mukesh Ambani, the richest Indian, has become the fifth biggest loser in net worth globally. Damani, the owner of supermarket chain D-Mart, was worth $10.1 billion, as of Friday, with his wealth up $416 million year to date. Ambani, on the other hand, has seen nearly 32 per cent wealth erosion amid a free fall in crude oil prices and the mayhem in the stock market. His oil-to-telecom behemoth, RIL’s worth stood at $40 billion as of Friday, down by $18.6 billion for the calendar. The nearly $19 billion fall in net worth for Ambani was the fifth worst globally behind similar losses suffered by global billionaires Bernard Arnault (down $36.9 billion), Amancio Ortega (down $23.4 billion), Warren Buffett (down $19.1 billion) and Mark Zuckerberg ($18.9 billion).

 

(ET, Mar 13, 2020)

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Coronavirus: 18-20 lakh employees of IT companies to work from home

 

In a precautionary move to check spread of deadly coronavirus, state-owned Software Technology Parks of India on Thursday issued advisory that enables around 18-20 lakh employees of IT units registered with it to work from home. IT industry body NASSCOM had urged the government to relax restrictions regarding allowing employees to work from home, amid the coronavirus outbreak. Currently, there are restrictions on WFH (work from home) under the OSP (other service providers) regime. "There are rules that allow employees to work from home in certain situation. We have issued those enabling clauses and will motivate all units registered with us to implement it. There are around 3,000 exporters registered with us and around 18-20 lakh employees work with them," STPI Director General Omkar Rai told . The urgent advisory issued by STPI, which overseas facilities and rules for software exporters, said in the wake of the coronavirus outbreak, units may require employees to work from home using the laptop or desktop provided by the unit to them. 

(ET, Mar 13, 2020)

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Coronavirus: Sales of electronics down by Rs 1,350 crore, retail footfall declines

 

Sales of electronic products including mobile handsets have fallen by about Rs 1,350 crore in the past two months following the coronavirus outbreak, with many customers giving Chinese-made goods a pass, a trade group said. IT retailers including resellers have an annual turnover of nearly RS 30,000 crore from consumer business.
“There is an estimated business loss of about Rs.1,000 crores of IT products as well as Rs 350 crore worth mobile handsets in January and February this year due to Coronavirus spread,” Praveen Khandelwal, Secretary General at the Confederation of All India Traders (Cait) told ETT. Delhi-based Cait is an apex body that represents nearly 60 million traders through multiple associations or groups. “The consumers are more worried in purchasing goods as they are having fear of getting infected with virus and that has resulted into much less footfall in commercial markets across India,” Khandelwal said. Originating from China’s Wuhan, Coronavirus or Covid-19 that was first reported in December 2019 has spread to as many as 80 counties causing supply chain disruptions across sectors.
 

(ET, Mar 12, 2020)

 

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 Defence & Solar

 

Samsung launches ‘Funbelievable’ series of TVs, price starts at Rs 12,990

 

 

South Korean tech giant, Samsung, has launched its new Funbelievable series of smart and non-smart TVs in India. The new TV line-up brings two different options --32-inch and 43-inch Smart TV variants. The company claims the TVs come packed with features that will change the way consumers experience entertainment. However, the most interesting thing about TVs is their price point which is sure to be of concern to other smart TV makers in the country. The company has announced that the TV line-up will start retail at Rs 12,999. With the new TVs, Samsung not only promises superior craftsmanship that its competitors, but also features that are well above the price point it have been launched at. Talking about the specifics, the company hasn’t revealed too much detail about the specifications of the TVs, but it has revealed that the TV features such a dedicated Personal Computer Mode, Content Guide, Music System, Internet browsing capabilities and more. At Samsung, meaningful innovations and a customer-centric approach are a part of our DNA.

 

(India Today, Mar 13, 2020)

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IIT Mumbai makes glasses substrates for 5G devices, consumer electronics

 

Researchers in IIT Bombay have achieved a breakthrough in making glass substrates that have significant advantages over the conventional silicon substrates in applications such as 5G devices. Substrates are the base on which a thin film of a material (like Silicon oxide) is coated on which circuits are etched. Typically, substrates have been made of Silicon, for many advantages — it doesn’t expand much on heating, making it easy to coat stuff on it. However, the micro electromechanical systems (MEMS) industry has been toying with other material for substrates — and glass has been high up on the list. Glass substrates (technically, fused silica, which is a pure form of glass without any metallic impurities) are much cheaper — one estimate has it that it is 80 per cent cheaper than Silicon substrates. But nothing in the world comes without a flipside. Glass is brittle and for technical reasons, not so easy to fabricate. Professor Pradeep Dixit of IIT Bombay and his team have used additive manufacturing technology (aka 3D printing) to address this problem. In a research project supported by a ₹1.45-crore grant from the Department of Scientific and Industrial Research, under the government of India’s IMPRINT initiative (which stands for Impact Research Innovation and Technology), Prof Dixit have developed a low-cost technique for manufacturing fused silica and other non-conducting hard materials using ‘electrochemical discharge machining method’. 

(BusinessLine, Mar 12, 2020)

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Consumer Electronics  

 Kodak HD LED TV launches India’s most affordable Dolby vision Android certified 4K TVs

 

India’s leading manufacturer of TVs and electronics, Super Plastronics Pvt. Ltd. (SPPL), today announced the launch of Kodak CA Series, its first ever range of Android TVs on Flipkart, India’s home-grown e-commerce marketplace to cater to the growing demand for smart televisions in the country. SPPL, which is Kodak’s brand licensee in India, has expanded its range of smart televisions in India by launching Android powered televisions. These bezel-less TVs are equipped with impressive array of features such as Dolby Vision, 4k HDR10, Android 9.0 interface, Dolby Digital plus with DTS TruSurround, multiple connectivity options with USB 3.0, HDMI ARC/CEC and Bluetooth v.5.0 (latest version) with user friendly remote. The remote has dedicated hotkeys for Netflix, Amazon Prime Video, YouTube and Google Play Store that will bring unlimited entertainment at your fingertips. It is also equipped with Google Assistant for smooth navigation.

SPPL is the only brand licensee in India that has partnered with Google, to make in India.

 

According to Acumen Research and consulting, the global android TV market size is expected to reach around $231 Billion by 2026 with a CAGR of around 20% during the forecast period of 2019-2026. The growing integration and extension of multi-media coverage is a natural progression for android TV.

 

Source: https://www.techtree.com/content/features/14182/kodak-hd-led-tv-launches-india-s-most-affordable-dolby-vision-android

 

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SECTION – IV - FORTHCOMING EVENTS &  GENERAL INFORMATION              

Overseas Shows

Event

:

Hannover Messe

Organiser

:

Messe Hannover

From

:

20-April-2020

To

:

24-April-2020            

Venue & City

:

Hannover Exhibition Grounds,Germany

Website

:

https://www.hannovermesse.de/home

 

Event

:

KPCA Show 2020 (Intl Electronic Circuits and Packaging Show)

Organiser

:

Korea Printed Circuit Association (KPCA)

From

:

22-April-2020

To

:

24-April-2020            

Venue & City

:

Korea Printed Circuit Association (KPCA)

Website

:

http://www.kpcashow.com/

 

Event

:

International Electronic Circuits (Shanghai) Exhibition

Organiser

:

China Printed Circuit Association (CPCA)

Hong Kong Printed Circuit Association (HKPCA)

From

:

22-June-2020

To

:

24-June-2020            

Venue & City

:

National Exhibition & Convention Center (Shanghai)

Website

:

http://www.cpcashow.com/

 

Event

:

Electric & Hybrid Vehicle Technology Expo

Organiser

:

Informa PLC

From

:

15-Septemberr-2020

To

:

17-September-2020            

Venue & City

:

Novi, Michigan, USA

Website

:

https://evtechexpo.com/

 

Event

:

Hong Kong Electronics Fair 2020

Organiser

:

Hong Kong Trade Development Council

From

:

13-October-2020

To

:

16-October-2020            

Venue & City

:

Hong Kong Convention and Exhibition Centre

Website

:

https://event.hktdc.com

 

Event

:

Electronics Show  2020

Organiser

:

Ptak Warsaw

From

:

06-November-2020

To

:

08-November-2020            

Venue & City

:

Ptak Warsaw Expo, Nadarzyn , Poland

Website

:

https://electronics-show.com

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  

Event

:

Convergence India 2020 

Organiser

:

Exhibitions India

From

:

07-July -2020

To

:

 09-July -2020

City

:

India Expo Mart, Greater Noida, Uttar Pradesh

Website

:

https://www.convergenceindia.org/

 

Event

:

Embedded Tech India Expo 2020

Organiser

:

Exhibitions India & ITPO

From

:

07-July.-2020

To

:

09-July.-2020          

City

:

Pragati Maidan, New Delhi

Website

:

https://www.embeddedtechexpo.com/

 

Event

:

Global Consumer Electronics Expo 

Organiser

:

Aakar Drez Exhibitions LLP, Aakar Exhibition Pvt Ltd & HC Nahuo Mall

From

:

24-July.-2020

To

:

26-July.-2020         

City

:

Pragati Maidan, New Delhi

Website

:

https://www.eventbrite.com

 

Event

:

electronica India 2020 

Organiser

:

MMI India

From

:

23-September.-2020

To

:

25-September.-2020          

City

:

Bangalore International Exhibition Center, Bengaluru

Website

:

https://electronica-india.com/en/

 

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

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SECTION - V - ELCINA EVENTS, ACTIVITIES & SERVICES                                          

 

 

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ELCINA-CKM Programs

 

Continuing its efforts to establish an extensive source of knowledge to serve Indian Engineering and Electronics Industry and cultivate a manufacturing culture in the country, ELCINA-Centre for Knowledge Management (CKM), since its launch in 2008, has been conducting various workshops on a variety of topics of interest to the satisfaction of the industry with focus on quality improvement and enhancing competitiveness. It has also been organizing In-house training workshops in companies for the benefit of the industry and the number of workshops is growing every year. 

 

Forthcoming ELCINA-CKM Training Program

                   

ELCINA-CKM - Training Programs on Quality, Productivity & Soft Skills

 

S. No.

Program Name

Days

Quality Improvement Techniques - Core Tools

1

SPC - Statistical Process Control

1

2

7 QC Tools - Problem Solving Techniques

1

3

FMEA - Product & Process

1

4

RCA & CAPA - Root Cause Analysis / Corrective Action Plan

1

5

Right (RFT) First Time Quality for Zero Defect Manufacturing - Customer Focus

1

6

Global 8 D - Problem Solving Techniques

1

7

Reliability Testing & Certification for LED Lighting Products

1

8

Six Sigma Methodology for Process Improvement

1

9

MSA

1

10

APQP / PPAP

1

11

5 S

1

12

Six Sigma - Green Belt

1

13

Sampling Inspection for Parts / Products (IS 2500 & IS 12040)
& Vendor Rating

1

14

Environment Testing for Electronics Products & Components as per IS Standards

1

15

ISO 9001:2015 Requirements & Implementation

1

16

ISO 9001:2015 Internal Auditor Course

1

17

ISO 14001:2015 EMS - Environment Management System

1

18

Internal Audit Training

1

19

Environment & Health - EHS Legal Requirement

1

Manufacturing - Productivity & Cost

20

KAIZEN

1

21

Cost Reduction Strategies in Production - Via Toyota Production System (TPS)

1

22

Equipment Maintenance - Autonomous Maintenance Methodology

1

23

Control of Waste(7 types) - 3M (Mura, Muri and Muda) Methodology

1

24

Production Capacity Enhancement with Flow Manufacturing

1

25

Vendor Evaluation Technique

1

26

Material Handling & Warehouse Management

1

27

Lean Manufacturing

1

28

Soldering

1

29

Value Stream Mapping

1

30

Just in Time Manufacturing Methodologies

1

31

Principles in KANBAN

1

32

Reduction of Set-up Time - Use of SMED

1

Soft Skills

33

Internal Communication Skills & Building High Performance Team

1

34

Personality Enrichment & Leadership Skills

1

35

Business Time & Stress Management

1

36

Conflict Management

1

37

Assertiveness and Dealing with Difficult Situations

1

38

Shop Floor Management Skills

1

39

Motivation Skills

1

40

Time Management & Stress Management

1

41

Team Building for High Performance

1

42

Building Better Work Relationship

1

43

Conflict Resoultion at Work - Techniques

1

44

Pesonality Development

1

45

Managerial Effectiveness

1

46

Influencing & Persuading Others

1

47

Business Communication

1

48

Internal Effective Communication

1

49

Leadership Development for Organisational Success

1

50

Leadership for Young Managers

1

 

Please click the link below for more training programs

http://elcina.com/trainingProgram.php  

Please contact Rajesh Rawat (9911445890) for conducting the In-House / Open-House training programs or mail us at rajesh@elcina.com

 

Electronic Industries Association of India

ELCINA House, 422 Okhla Industrial Estate, Phase-III, New Delhi 110020 (India)

E-Mail: info@elcina.com Tel: 011-26924597 / 26928053 / 41615985

Website: www.elcina.com

 

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ELCINA PRODUT 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:-  

Full Stalls

  1. Bharat Electronics Ltd, Bangalore

  2. TDK India Pvt. Ltd., Noida

  3. Teknik Electromeconic Pvt Ltd, Bangalore

  4. SGS Tekniks Manufacturing Pvt Ltd, Gurgaon

  5. Deki Electronics Ltd, Noida

  6. EMI Solutions Pvt. Ltd., Bangalore

  7. Elin Electronics Ltd, New Delhi

  8. Syrma Technology Pvt. Ltd., Chennai

  9. AT & S India Pvt.Ltd., Mysore

Half/Mini Stalls

1.      Super Mount Pack Pvt. Ltd. Bangalore

2.      CTR Mfg. Inds Ltd., Aurangabad  

3.      Neotec Semiconductor Ltd., Taiwan

4.      Sowparnika Thermistors and Hybrids Pvt.Ltd., Thrissur (Kerala)

 

 

 

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

“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;

http://elcina.com//new_publication.php

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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

http://elcina.com//new_publication.php

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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 worldwide in number of applications ranging from automotive, renewable energy to electronics. For more details you can visit below link:

http://elcina.com//new_publication.php

For enquiries, call Ms.Tandra Majumder,
ELCINA HOUSE, 422 Okhla Industrial Estate, Phase III, New Delhi - 110 020.
Tel: +91 (011) 26924597, 26928053; Fax: +91 (011) 2692 3440;
Email: tandra@elcina.com  or info@elcina.com

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A newsletter published by ELCINA, New Delhi. The information contained in this newsletter is for private circulation only. Despite our best efforts, some errors could have crept in. You are advised to verify authenticity of the information before further use.


Electronic Industries Association of India (ELCINA )

ELCINA House, 422 Okhla Industrial Estate, Phase-III, New Delhi 110020 (India).

E-Mails: info@elcina.com Tel: 011-26924597 / 26928053 / 41615985, Website: www.elcina.com