VOL XVII, ISSUE 10

31 May 2018

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

Top Stories                                                                                

 

Angel investors in start-ups get IT exemption

 

The tax department exempted angel investors from income tax (I-T) on their investments in start-ups with effect from April 11. The tax concessions are subject to certain conditions laid down by the Department of Industrial Policy and Promotion last month, which said the share capital and share premium of the start-up should not exceed Rs.100 million after such investments. Also the angel investor who plans to subscribe the shares in the start-up would have to fulfill prescribed criteria and the start-up would have to procure a report from a merchant banker, specifying the fair market shares in accordance with the income-tax rules.

(BS, May 27, 2018)

 TOP

HAL keen to supply Navy with light utility helicopters

 

Putting its hat in the ring for a naval requirement of light utility helicopters, state-owned aircraft manufacturer Hindustan Aeronautics Limited (HAL) has asked the defence ministry to consider its indigenous chopper as well, against just looking at international companies like Airbus and Bell for replacements.  Sources have told ET that the state-owned company has informed the defence ministry about the progress in its light utility helicopter (LUH) programme that undertook its first flight in September 2016 and is planned for production starting this year.

(ET, May 19, 2018)

TOP

 

Hero Electronix acquires IoT venture Zenatix

 

Hero Electronix, the electronics venture of the Hero Group, has acquired a majority stake in enterprise-focused IoT (internet-of-things) solutions company Zenatix. Gurugram-based Zenatix has a proprietary IoT stack that includes hardware, software and machine learning platform that analyses data from connected devices to deliver energy savings, predictive maintenance and consumer analytics. Zenatix had previously raised $1.5 million from a clutch of investors including Blume Ventures, Pi Ventures, Snapdeal founders Kunal Bahl and Rohit Bansal, and Google India MD Rajan Anandan. The acquisition provides an exit to all these investors.

The venture was co-founded by three IITtians, Amarjeet Singh, Rahul Bhalla and Vishal Bansal, in 2013. Its WattMan solution delivers automated and intelligent controls thereby plugging energy and revenue leakages through a centralized single touch point. It counts Vodafone and Domino's as customers and is targeting 100,000 deployments in three years across retail, banking, F&B and hospitality sectors. It analyses over 10 million data points every hour, data that is collected from ACs, ATMs, and milk booths deployed across 1,500 sites, to deliver value in areas such as predictive maintenance and consumer experience analytics.

(TOI, May 29, 2018)

 TOP

TRAI won’t regulate in-flight tariff over Indian airspace

 

A new report has come up which informs that a top official said that Telecom Regulatory Authority of India (Trai) would not regulate the tariff which air passengers will pay for making calls and browsing the Internet in-air. Although, it won’t be the case for mobile phone operators, sector watchers and aviation experts, as they said that there was some dependency on the intermediaries and thus the revenue will be miniscule compared to the investment which will be required to make in-air telecom services possible, one reason for this will also be the short routes of domestic flights. As per a report by ET, RS Sharma, Trai Chairman said “Tariffs are under forbearance in the entire telecom sector and it (in-flight connectivity) will not be an exception.

 

Source:  https://telecomtalk.info/trai-to-not-place-regulatory-measures-for-in-flight-tariff-in-indian-airspace/177370/

 

TOP

 

Xiaomi plans to manufacture TVs in India to dominate this year's Diwali sales

 

 According to a report in The Economic Times, Xiaomi will be selling locally made TVs in India as importing the same increases the price point by a significant number. The Chinese electronics manufacturer has plans to dominate online sales during the 2018 Diwali season. At the moment, Xiaomi is selling three Smart TVs of 32-inch priced at Rs 13,999; 43-inch priced at Rs 22,999; and 55-inch price at Rs 44,999. According to the report, Xiaomi will initially assemble the TV sets while it builds a local component sourcing base. Xiaomi’s industry executives told the Economic Times that making the TV sets in India will provide tax benefits, although they are unlikely to reduce television prices. They are currently at an advanced stage of negotiations with Foxconn for manufacturing of TV sets. "Xiaomi’s talks are in advanced stages with Foxconn for manufacturing televisions in India, which will start from July-August so that in the festive season (Diwali sales) it has mostly Made in India models,” said one of the executives.

 

Source: https://www.firstpost.com/tech/news-analysis/xiaomi-plans-to-manufacture-tvs-in-india-to-dominate-this-years-diwali-sales-report-4491293.html

 

TOP

 

 

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  SECTION I - POLICY SCAN                                                                                               

 

Indian govt. steps up focus on electronics exports, new policy to outline measures

 

The government is drafting the upcoming National Electronics Policy (NEP) with an increased focus on exports as it looks to harness the local capacity in electronic goods, including smartphones built for the domestic market, a top official told ET. The idea is to ensure that there is no excess manufacturing capacity and instead utilize the same to build products for customers globally. India is producing close to 22.5 crore mobile phones and the total consumption is around 35 crore in India currently.

 

IT minister Ravi Shankar Prasad: The Digital India programme has transformed into a "mass movement" and the government will soon finalize a new electronics policy to build on the momentum, IT minister Ravi Shankar Prasad has said. It will also push ahead to meet the ambitious goal of increasing the size of India's digital economy to $1 trillion in the coming years. We are soon going to finalize the new electronics policy whose sub-segment will be export-oriented initiatives in the field of electronics. The idea is to make India a big hub of electronics manufacturing to serve domestic as well as outside markets," Prasad told PTI. 

(ET, May 24, 2018)

 TOP

Centre to incorporate electronics manufacturing specifications in segments ruled by imports in new NEP

 

 “It is very important for us to also grow seriously in many other segments where imports are ruling the market, we have huge scope in India for – medical electronics, automotive electronics, power electronics, defence electronics and we are hoping to sit with industry to understand as to what will it take specifically to make it happen in India and that is going to be part of the new national policy on electronics, which we are coming out with,” said Ajay Prakash Sawhney, secretary, Ministry of Electronics and Information Technology (MeitY) at an ASSOCHAM conference on Electricals & Electronics Manufacturing. Talking about the increasing number of SMT (surface mount technology) lines for PCB (printed circuit board) assembly, Sawhney said that his ministry expects that this year India would be able to attract about 400 SMT lines, marking a very significant increase in number of SMT lines that exist. “Hopefully in a couple of years’ time and we are working hard towards this goal, we would be able to get most of the important sub-assemblies and the basic components also increasingly being manufactured in India, this helps us in value addition,” he said.

 

Source: http://www.electronicsb2b.com/industry-buzz/centre-incorporate-electronics-mfg-specifics-segments-ruled-imports-new-nep/ 

 

TOP

 

 SECTION II - INDUSTRY  SCAN                                                                                            

 

 General

 

Amazon India rebrands, expands online groceries service

 

Online retailer Amazon India Ltd has rebranded its online groceries service to Prime Now, while also expanding its service to include more delivery slots for customers. This is part of a broader revamp of its consumables and packaged consumer goods business that comes amid a bruising market share battle against market leader BigBasket and arch-rival Flipkart. Amazon’s new Prime Now offering, earlier known as Amazon Now, will also offer members of Amazon’s Prime subscription service same-day deliveries in categories such as electronics and small appliances, in addition to groceries and consumables, two top Amazon executives said in an interview.

(Livemint, May 30, 2018)

 TOP 

WTO dispute on export schemes: India to engage with US

 

India today said it will engage with the US to explain its position on export schemes following America's decision to drag India into the WTO against programmes to incentivize shipments, a top official said. America yesterday challenged India's export subsidy programmes such as Merchandise Exports from India Scheme in the World Trade Organization (WTO), saying these initiatives harm the US companies by creating an uneven playing field. “The US has asked for a consultation process, we will engage fully in the process and we would make sure that we make our position known to the US. We expect that they would also engage with a positive spirit with an effort to resolve a dispute with a friendly country,” Commerce Secretary Rita Teaotia told reporters here. Developed countries have raised issues at different forums that as India has crossed the USD 1,000 threshold of the per capita gross national income (GNI) for three consecutive year, it is no longer eligible to give export subsidies. The secretary said that a clause of WTO’s Agreement on Subsidies and Countervailing Measures provides a period of eight years for graduating countries (crossing the USD 1,000 mark) to phase out export subsidies.

(ET, May 30, 2018)

TOP

 

CAIT files petition in CCI against Walmart-Flipkart deal

 

Traders body CAIT today said it has approached the Competition Commission of India (CCINSE 0.00 %) against the Walmart-Flipkart deal, stating that it will create unfair competition and an uneven level playing field for domestic players. The Confederation of All India Traders (CAIT) said the deal would deny market access to non-preferred sellers and impact small traders on offline platform.  The confederation has "filed its objection petition in CCI against the Walmart-Flipkart deal," it said in a statement. The Confederation of All India Traders (CAIT) on Monday said it has filed its objection petition in the Competition Commission of India (CCI) against the Walmart-Flipkart deal stating that it will create unfair competition in the industry. The petition has been filed by CAIT’s advocate Abir Roy.

 

The traders body, which represents about 7 crore traders across India, has strongly objected to the merger and has expressed concern that Walmart may indulge in predatory pricing and deep discounts. “Flipkart is a combination of predation, exclusive tie-ups and of preferential sellers where even online vendors face discriminatory conditions and Walmart being the owner by virtue of 77 per cent share is bound to give preference to its inventory. There will be denial of market access to non-preferred sellers coupled with complete annihilation of small time traders on offline platform,” CAIT said in a statement. 

 

(ET, May 29, 2018)

TOP

 

The Indian hardware ecosystem: trends and insights

 

India has always been known for its development and progress in the software sector rather than hardware and systems innovations. Indeed, it is difficult for a country so centred on services to change into a nation of products companies. The biggest challenge hardware and systems startups face is the lack of a well-developed infrastructure. The presence of lab facilities for testing the prototypes of these products before taking them to the market, were almost non-existent in the earlier days. Another major challenge that entrepreneurs faced was a lack of trained personnel and experienced mentorship for new recruits and team members.

(Yourstory, May 29, 2018)

 TOP

Alibaba injects pharmacy assets into healthcare unit in $1.4 billion deal

 

Chinese e-commerce giant Alibaba Group Holding Ltd will inject some of its online pharmacy business into a listed unit in a deal valued at HK$10.6 billion ($1.35 billion), the firm said in a statement. Alibaba Health Information Technology Ltd will buy Ali JK Nutritional Products Holding Limited, which controls sales of medical devices, healthcare products, adult products and healthcare services on Alibaba's Tmall platform.  The deal will see parent Alibaba receive newly issued shares in Ali Health, taking its   economic interest in the firm to 56.2 percent from 48.1 percent currently. Alibaba will also have a 67.5 percent voting interest in Ali Health after the deal. 

(ET, May 29, 2018)

TOP

 

Amazon Wholesale makes Rs 2.8-crore profit in FY17

 

Amazon Wholesale, the B2B arm of the global ecommerce company, purchased goods worth Rs 7,734 crore in FY17, compared to the purchase of only Rs 4 crore in the year before, indicating the company’s shift in strategy following ecommerce guidelines in 2016. The company also registered a profit of Rs 2.8 crore in FY17 compared to a loss of Rs 23 crore in FY16, according to the company’s regulatory filings sourced from Tofler. The guidelines had mandated that sales from a single seller could not exceed 25% of the total GMV of a marketplace.  

(ET, May 29, 2018)

 TOP

EC will need 24 lakh EVMs in case of simultaneous polls in 2019

 

If simultaneous elections to the Lok Sabha and state assemblies are held in 2019, the Election Commission (EC) will require nearly 24 lakh EVMs, double the number required to hold only the Parliamentary polls. During their discussion with the Law Commission on May 16 on the issue of holding simultaneous polls, the EC officials had said they would need around Rs 4,500 crore to buy nearly 12 lakh additional electronic voting machines (EVMs) and an equal number voter-verifiable paper audit trail (VVPAT) machines. The estimate was based on the current cost to procure the devices, sources privy to the deliberations told PTI. In case simultaneous polls are held, two separate sets of EVMs and VVPAT machines will have to be placed in separate compartments for those contesting the Lok Sabha polls and the Assembly elections respectively.

 

(India Today, May 27, 2018)

 TOP 

Bengal sees huge response in India BPO promotion scheme bidding

 

Bengal received a positive response in the recently concluded bidding of the India BPO Promotion Scheme (IBPS), much to the delight of the state Information Technology (IT) & Electronics department and the Software Technology Parks of India (STPI), the nodal agency of the union ministry of IT and Electronics for this scheme. Bengal has applied for as many as 500 seats, nearly an increase of 2.5 times. Last time, out of a total of 48,300 seats, the state had accounted for only 200 seats. "A company based in Krishnanagar, Nadia has availed 400 seats while another in Siliguri has applied for 100 seats," a senior official of the state IT department said.

(Millenniumpost, May 27, 2018)

TOP

 

India Test Fires Second BrahMos Supersonic Missile in 24 Hours

 

For the second time in just over 24 hours, the Indian Ministry of Defense’s (MoD) research arm, the Defense Research Development Organization (DRDO), and the Indian Army have test fired a supersonic BrahMos cruise missile. The latest test occurred on May 22 and was fired from an autonomous mobile launcher, the Indian Ministry of Defense (MoD) said in a statement. The launch took place at 11:45 a.m. local time at a test range in Balasore district in the eastern Indian state of Odisha and “fulfilled its objectives,” the MoD said. The launch tested new locally designed components of the BrahMos developed for some of the missile’s subsystems to extend its service life from 10 to 15 years.

 

(The Diplomat, May 24, 2018)

TOP

 

Cabinet apprised of the MoU between India and Angola for promoting bilateral cooperation in the field of Electronics and Information Technology

 

The Union Cabinet chaired by Prime Minister Shri Narendra Modi has been apprised of the Memorandum of Understanding (MoU) the between India and Angola for promoting bilateral cooperation in the field of Electronics and Information Technology. .The MoU intends to promote closer cooperation in the areas of e-Governance, HRD for IT education, Information Security, Electronics Hardware manufacturing, IT embedded Software industry, Telemedicine etc. Background: The Ministry of Electronics and Information Technology (MeitY) has been mandated to promote international cooperation in the emerging and frontier areas of Information and Communications Technology (ICT) under bilateral and regional framework of cooperation. MeitY has entered into MoUs/Agreements with counterpart organizations/ agencies of various countries to promote close cooperation and exchange of information in the area of ICT. To further enhance cooperation with various countries, particularly in view of the new initiatives taken by Government of India like "Digital India", "Make in India" etc., there is an increased need for exploring business opportunities in the technology sector which are of interest.

(BS, May 23, 2018)

 TOP

The Significance of E-Waste Management In the backdrop of Current IT Boom

 

The IT, IT enabled services (ITeS) and electronics has been one of the fastest-growing industries in India, both in terms of production and exports. The Indian electronics products demand worldwide is expected to grow at a CAGR of 41% during 2017-20, and expected to reach US$ 400 billion by 2020. According to NASSCOM, exports in the IT-BPM sector is set to grow at 7-8% while domestic market is set to grow at 10-11% adding 130,000-150,000 jobs by FY2018. Additionally, India being the second largest mobile phone producer in the world after China, annual production of mobile phones in the country has increased from 3 million units in 2014 to 11 million units in 2017, according to data shared by Indian Cellular Association (ICA).

 

(Entrepreneur, May 23, 2018)

TOP

 

RCom unit to pay Rs. 232 cr to settle with minority investors, shares spike

 

Reliance Communications' tower arm has reached a settlement with minority investors including HSBC Daisy Investments, a big step towards clearing the way for the sale of the telco's towers and fibre assets to Reliance Jio. The move pushed up RCom's scrip 6.21% on the Bombay Stock Exchange to Rs 16.25.  According to sources, the Anil Ambani owned company has agreed to pay Rs 232 crore to the minority investors for settling the issue.

(ET, May 30, 2018)

 

TOP

 

Amazon eyes Future Retail stake as Walmart pockets Flipkart

 

As American retail store giant Walmart swallows India’s top online market place Flipkart, US e-commerce major Amazon is reported to be in talks to buy a stake in brick and mortar retailer Future Retail, say reports. Amazon, which lost out to Walmart in acquiring Flipkart, is reported to be in talks to acquire a 10-per cent stake in Future Retail Limited, the company which owns Big Bazaar and Easy Day, in bid to expand its offline presence. 

(domain.com, May 23, 2018)

 TOP 

Dynapower and Raychem RPG Announce Technology Transfer & Licensing Agreement to Bring Dynapower Energy Storage Technology to India and Neighboring SAARC Countries

 

Dynapower and Raychem RPG are pleased to announce they have executed a technology transfer and licensing agreement to bring Dynapower’s energy storage inverter technology to India and neighboring SAARC countries. Indian Prime Minister Narendra Modi recently hailed energy storage of solar energy in India as, “[the] next big technological revolution.”  “Dynapower is proud to work alongside Raychem RPG to help realize this revolution,” said Peter Pollak, Dynapower CEO. “For over 50 years we have deployed our power electronics around the world and pioneered the development of energy storage inverters, including the first UL-1741 listed smart inverter. We are excited to bring our technology and know-how to India as well as the SAARC countries as part of the agreement.” 

(DynaPower, May 17, 2018)

 TOP

Universal Robots Expects India Biz to Grow Over 100pc

 

Denmark-based Universal Robots expects its business in India to grow over 100 per cent with adoption of its robots in sectors like apparel, finance and electronics, the company said. "Universal Robots has been shipping to India since last 5-6 years. We opened our office here three years ago. Automobile and automotive component makers have been early adopters of our robots. Now electronics, apparel and finance are opening up. We expect our business to grow over 100 per cent year-on-year," Universal Robots General Manager for South Asia Pradeep David said. 

(News18, May 17, 2018)

 TOP

Flipkart, Wal-kart or Flip-Mart: In its hour of need, Walmart must focus on in-house brands and not on re-branding

These days, twitterati is asking, will it be Flipkart, Wal-kart or Flip-Mart? That isn't the only question on people's minds. They want to know: What will Walmart Inc.'s India e-commerce business be called? Should Walmart advertise its acquisition of Flipkart and announce its now-exalted status in India, especially considering how it had to cut ties with the Bharti Group? So, when one talks of changes at Flipkart, will a re-branding exercise be the change needed at all? Walmart's move will see it invest almost $16 billion for a near 77 percent stake in Flipkart, but for scores of e-commerce shoppers in India, the name Flipkart continues to top recall. The home-grown e-commerce company is a giant in its own right and has the ability to overshadow brand Walmart in India, said experts. 

(Forbes India, May 17, 2018)

 

TOP

 

Information Technology

 

Ravi Shankar Prasad: ‘Digital India has become a mass movement in 4 years’

 

Having completed four years in power, digital delivery of services and employment generation through the common service centre scheme are the biggest achievements of the National Democratic Alliance government, Minister of Electronics and Information Technology Ravi Shankar Prasad told Indian EXpress in an interview. Prasad said that digital health and literacy are areas where work needs to be accelerated. Digital India has become a mass movement touching the life of common and poor people. Four years down the line, common service centre movement has become big. From 23,000 common service centres in 2014, there are 2.91 lakh now. Apart from providing digital delivery of services, they have also created employment for 10 lakh people and have created entrepreneurship.

(Indian Express, May 28, 2018)

 

TOP

 

Digital India comes of age: Under the Modi government it is giving rise to employment, entrepreneurship and empowerment

 

After coming to power, Prime Minister Narendra Modi gave the vision of Digital India as an important programme to transform India through the power of technology and bridge the digital divide. Other programmes like Start-up India, Stand-up India and Skill India were designed to become an important adjunct to this larger narrative. Four years down the line, empirical evidence suggests that Digital India is not only creating empowerment but also generating employment opportunities and promoting entrepreneurship. Laying down of 2,74,246 km of optic fibre connecting 1.15 lakh gram panchayats under BharatNet, in comparison to a mere 358 km under the previous government, speaks volumes about the speed with which we have created digital infrastructure.

(TOI, May 24, 2018)

 

TOP

 

Digital India: India to have 700 digital villages by the year-end

 

The network of Common Service Centres (CSCs), which act as access points for delivery of various electronic services to villages in India, are set to be expanded to 2.50 lakh gram panchayats by the year end. According to minister for electronics and information technology Ravi Shankar Prasad, the CSC movement has transformed into a movement of change bringing services such as banking, pension distribution, digital literacy and telemedicine to rural and remote villages through electronic infrastructure. The CSC project is providing sustainable digital access to rural communities and giving necessary impetus for upliftment of the rural community, he said.

(FE, May 24, 2018)

 TOP

Facebook received over 22K data requests from Indian govt. in 2017

 

Facebook received more than 22,000 requests from the Indian government for data in 2017, the second highest globally after the US, the social networking giant said. The company in its Transparency Report said it had received 9,853 total requests in January-June 2017, followed by 12,171 requests in the latter half of the year. This is about 62 per cent higher than 2016 when the Indian government made 13,613 such requests. According to the half-yearly report, Facebook — which is the second largest user base for the social networking giant — received 12,171 requests from Indian government agencies for 17,262 users/accounts in the second half of 2017. It had produced some data in 53 per cent of the requests made.

 

(BusinessLine, May 17, 2018)

TOP

Telecom

 

iPhone display makers dip on report Apple will go all-OLED in 2018

 

Apple Inc has decided to use OLED screens in all three new iPhone models planned for next year, according to South Korea’s Electronic Times – a report that sent shares in Japan Display tumbling 10%. Japan Display, one of the main suppliers of iPhone liquid crystal display (LCD) screens, has lagged its South Korean rivals in OLED production.  By contrast, shares in LG Display Co. Ltd. Surged.  Apple recently started planning new iPhone models and decided all three models would have organic light-emitting diode panels, the report said, citing multiple unnamed industry sources.

(ET, May 30, 2018)

 TOP

India is at start of e-mobility S Curve: ABB CEO

 

For e-mobility to happen, you need four building blocks. In India, we have a very strong local value end. In the renewables integration, more than 50% of the solar power is powered up with ABB technology. So, I think we are the ideal partner for India to really drive e-mobility going forward. We are also the ideal partner for car OEMs, to make sure that cars are rolling with the right charging infrastructure that we have. We will do this as we have done in all the new businesses that we brought in India. First, we will have the pilots and then we will localize the technology, put it into our local value chain, and have full local value and have job creation. Look at solar, we brought in global technology, we localized the technology, we set up a local value chain, invested in manufacturing, and today we are fully integrated. In the rail sector, we have done the same. 

 

(ET, May 27, 2018)

TOP

 

Reliance Jio 4G struggles in rural markets of India

 

Reliance Jio, promoted by India’s richest business-man Mukesh Ambani, has enhanced its rural presence with the 4G subscriber base touching 49.734 million in rural areas in March 2018 from 46.606 million in February 2018.  Reliance Jio, the fourth largest telecom operator in India, added 9.429 million 4G users across India during this period. That means Reliance Jio added nearly 6 million 4G customers in non-rural areas as compared with nearly 3 million in rural locations. Jio does not have 2G and 3G presence. It will be launching 5G.  Reliance Jio is the largest 4G operator in India with 186.560 million subscribers on its all-India LTE network.

(Telecomlead, May 27, 2018)

 

TOP

 

Airtel says SC dismisses Reliance Jio plea on IPL ads

 

 

Bharti Airtel said the Supreme Court had dismissed Reliance Jio Infocomm’s petition challenging a May 10 Delhi High Court order granting the Sunil Mittal-led carrier a partial reprieve over its Indian Premier League (IPL) multimedia advertising campaign. “The Supreme Court has on Friday dismissed the petition of Reliance Jio, which had filed a special leave petition (SLP) against the order of the division bench of the Delhi High Court, which had set aside the single bench order of the Delhi HC,” Bharti Airtel said in a media statement.

 

(ET, May 19, 2018)

TOP

Solar Energy

Lack of land title means no payment for solar producers

 

Solar energy developers have protested to the ministry of new and renewable energy against the Karnataka government for delaying clearance of land acquisition and using that as a reason to deny them payments for power supplied. The developers are not being paid because they haven’t received clear titles to the land they acquired for the projects, the National Solar Energy Federation of India wrote to the ministry. ET has seen a copy of the letter. The developers won contracts for 920 MW.

 

(ET, May 30, 2018)

TOP

 

SoftBank, IL&FS team up to power 20 GW solar parks

 

The SoftBank Group is tying up with infrastructure conglomerate IL&FS to develop more than 20 gigawatts of solar capacity in India by 2025 to support Prime Minister Narendra Modi’s ambitious renewable energy road map for the country. This comes less than two mgjonths after the Japanese group teamed up with China’s GCL System Integration Technology for a $930 million (Rs 6,350 crore) India solar power venture.

(ET, May 29, 2018)

 

TOP

Consumer Electronics

Fridge, AC to cost more from next month 

Prices of refrigerators, air-conditioners and washing machines are set to go up 3-5% starting November, as white goods makers plan to pass on higher input costs.  However, consumers will mostly feel the impact only from December, as retailers are saddled with unsold inventory from Diwali which they will first clear before sourcing fresh stock at higher prices, three senior industry executives said. Input cost has gone up by 30-50% since the last price hike, which the industry effected in January.  The price of steel has since increased by 40% and that of copper by 50%. A crucial chemical called MDI, which is used to make foams mostly for refrigerators, is facing a global shortage and its price has doubled.

 

(ET, May 30, 2018)

 TOP

Dixon Technologies: A secular play on Indian consumer electronics; Accumulate on dips

 

Dixon Technologies, maker of consumer durables, lighting and mobile phones, reported a mixed set of numbers for the March quarter. Topline declined slightly, but margins improved, translating into a healthy growth in bottom-line. Despite the subdued topline performance, the company appears to be on a consistent growth path as it enjoys a strong order book, is adding new clients across product categories and focusing on margin expansion

(Moneycontrol.com, May 29, 2018)

 TOP

India Luxury Portable Consumer Electronics Market Comprehensive Insights 2018

 

India Luxury Portable Consumer Electronics Market Research Report 2018 tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the Luxury Portable Consumer Electronics market. This research report offers in-depth analysis of the market size (revenue), market share, major market segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and challenges.

(Exclusive Reportage, May 29, 2018)

 TOP

LG showcases B2B products and solutions at Grand Tech Seminar

 

LG Electronics India concluded a B2B event in Mumbai titled Grand Tech Seminar. Themed ‘Tech of the town – biggest confluence of LG’s best display solutions’, the two-day event showcased a range of LG’s flagship B2B products including the 88 Ultra Stretch Signage, High Brightness Video Wall, Interactive Digital Board, OLED Wallpaper Signage and Hotel TV, and STB built-in TV with a CAM Card among others. Hemendu Sinha, Business Head – B2B, LG Electronics India, “At LG, almost without exception, we exhibit a spirit, pride and pursuit of excellence by delivering the best of innovation and technology solutions to our customers, and B2B customers are no exception. The B2B seminar is a unique event that provides us with an opportunity to connect directly with our partners and important business segments. Moreover, they get to experience the products and the underlying technology that cater to their evolving and highly specific needs. For example, a number of attendees at this year’s event found our digital signage as an effective customer touch point.”

 

(CRN Team, May 18, 2018)

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SECTION – IV - FORTHCOMING EVENTS &  GENERAL INFORMATION              

 

For Glance of ELCINA Activities 2017-18: Please refer: (https://youtu.be/0H0mHxTi9JA)   

Overseas Shows

 

Event

:

JPCA Show 2018 ((Int’l Electronic Circuits Show)

Organiser

:

Japan Electronics Packaging and Circuits Association (JPCA) Korea Printed Circuit Association (KPCA)

From

:

6-June-2018

To

:

8-June-2018             

City

:

Tokyo Big Sight, Tokyo

Website

:

www.jpcashow.com

 

Domestic Shows   

 

Event

:

Electronica India & Productronica India 2018

Organiser

:

Messe Munchen

From

:

26-Sept. -18

To

:

28-Sept. -18

Venue

:

Bangalore International Exhibition Center (BIEC), Bengaluru

Website

:

http:// www.electronica-india.com

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SECTION - V - ELCINA EVENTS, ACTIVITIES & SERVICES                                          

Seminar on "Demand Growth and Policy Changes Unleash New Opportunities for Electronics Manufacturing"  25th May 2018 | MCCIA Auditorium, Pune

ELCINA in Association With MCCIA Organised a Seminar on “Demand Growth & Policy Changes Unleash New

Opportunities for Electronic Manufacturing” on 25th May at MCCIA Auditorium, Pune

 

In the seminar the speakers shared the recent developments in new policies and initiatives being taken by Govt of India as well as new opportunities emerging in India and in global markets. The Seminar was well attended by 60-70 delegates. Key speakers include ELCINA Presidnent Mr Pankaj Gulati, Mr Vikram Desai, MD, Desai Electronics, Past President, ELCINA Mr. Ajay Bhagwat, Managing Director, Renu Electronics Ltd, Dr Sreeram Srinivasan, CEO, Syrma Technologies, Mr Sunil Naik, Director Operations, Jabil Circuit and Mr Rajan Shringarpure, Ex-MD, Vishay Components & Industry 4.0 Expert. Mr Amrit Manwani, Sr Vice President, ELCINA presented the Vote of Thanks.

Apart from the speakers from the industry, Mr Sanjay Koul, Principal Technical Officer and Addl Director from Ministry of Electronics & IT (MeiTY), Govt of India participated in the Seminar and spoke on developments on the policy front.

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9th edition of SES is scheduled on 5th & 6th July, 2018 at The Lalit Ashok Hotel, Bengaluru

We are pleased to inform you that the 9th edition of SES is scheduled on 5th & 6th July, 2018 at The Lalit Ashok Hotel, Bengaluru. This edition will focus on highlighting the new opportunities, policies and defence projects in which domestic industry can play a major role, specially MSME’s and drive the “Make in India” initiative. 

 

The Theme for this edition is “Building India as A Strategic Electronics Manufacturing Hub- A Vibrant Eco-System with MSMEs, Private Partners and Public Sector” and will focus on highlighting new opportunities, policies and defence projects in which domestic industry can play a major role, specially DPSU’s and MSME’s and drive the “Make in India” initiative.

 

 

 

 

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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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Forthcoming ELCINA-CKM  Programmes

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. 

 

S No. Training Programs Date Venue
1.

RCA & CAPA - Root Cause Analysis / Corrective Action Plan

18th July, 2018 ELCINA House, New Delhi

 

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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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