31 July 2019

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

Top Stories                                                                                


Import tariffs on FTA countries are creating Inverted Duty Structure in India; Government should correct it: Atul B Lall, Dixon Technologies


The incumbent government has tried its best to promote Make in India in both of tenures, previous and present, and duty on CCTV and ACs are in line to it, says Atul B Lall, Managing Director, Dixon Technologies India. In an interview with Pooja Tripathi, Zee Business, Mr Lall said the government should look into import tariffs from FTA countries, which is zero, as it is creating an inverted duty structure for local manufacturers. Edited Excerpts: This government has tried its best to promote Make in India in the previous stint as well as in this one. The duty increase that you are referring about on CCTV and Air Conditioners then it is in the same direction. I feel, these steps will give a boost to the Make in India and also help to Indian industry. However, I would like to request the government to reduce the duty on open cell, which is the main component of LED television, from 5% to 0% as it has not happened but I would like to request the government to correct it or else FTAs being imported particularly from ASEAN countries is creating an inverted duty structure, which is affecting the industry. 

(Zee Business, July 19, 2019)


Looking to replace Chinese imports, US turns to Indian products 


Amid rising trade tensions, American importers of sports goods, toys, stationery, cables and electronics parts have reached out to Indian sellers of these goods as Chinese products become expensive due to the US-China trade war. The US is looking to replace Chinese exports with Indian products in at least seven product lines including vulcanized rubber, footwear and kitchen accessories. “Importers in the US have shown keen interest in our products in at least seven tariff lines,” said an official in the know of the details. “We have a five-six month period to make use of this opportunity before Vietnam and Cambodia fill in the space vacated by China.”  India exported these items worth $1.5 billion in FY19 to the US, and the industry is keen to ramp up capacity to meet the potential demand.  “We are getting enquiries in large numbers from the US to replace Chinese exports of toys, footwear, apparel and engineering goods,” said Federation of Indian Export Organizations president Sharad Kumar Saraf.  “There is scope to increase exports of these products by 25%.” He added that the inquiries have increased since the US’ announcement to impose a 25% duty on some Chinese products. 

(ET, July 17, 2019)



Stay committed to Make in India, Samsung told


A high-powered committee on electronics set up by the Prime Minister’s Office is said to have expressed concern over Samsung Electronics’ decision to stop manufacturing LED televisions in the country and wants the South Korean company to be committed to the ‘Make in India’ initiative. Samsung stopped TV production at its Chennai plant in October 2018 after a 5% customs duty was levied on open cell panels, a key component that accounts for 65-70% of the total production cost of a television.  The company started importing TVs from Vietnam through the free trade agreement route at nil duty.  Samsung informed the committee that it can start LED TV panel and TV set production at its Chennai plant only if the government scraps the customs duty on open cell panels, two senior industry executives said. The company conveyed this decision to the committee, which met Samsung India officials earlier this month in New Delhi and through a letter thereafter. “The government committee had expressed to Samsung India that its decision to move television production to Vietnam has been a blotch on ‘Make in India’ and wants the company to remain committed,” an executive said. As per government data, TV imports from Vietnam soared to Rs 2,317 crore in FY19 from Rs 62 crore in the previous year. As per industry, Samsung alone is likely to account for this surge in imports from Vietnam due to its plant there. 

(ET, July 23, 2019)


Napino partners with US firm to make EV battery packs in India:


Gurgaon-based Napino Auto & Electronics Ltd has signed a agreement with the US-based Farasis Energy Inc. to manufacture lithium ion battery packs for 2W and 3W in India. 
Naveen Kumar, CEO, Napino Auto & Electronics Ltd. said, "Our partnership with Farasis Energy comes in at the right time with the governments push to promote faster adoption of EVs. The manufacturing of battery packs is an integral part of our e-mobility strategy." He further added that the alliance will help them to be a leading provider of safe, reliable and high energy battery packs for the Indian market. 

"We are very optimistic about the success of our collaboration with Farasis Energy which will support us to localize cutting edge Lithium ion battery pack technology for our customers,” he said.  Farasis provides high energy density lithium ion battery cells and packs to automotive OEMs globally and has end to end capability and expertise from cells to applications. Under this agreement Napino and Farasis shall jointly develop the business in India. Napino will bring its automotive experience in mass production and strong supply chain to provide an optimal solution for the Indian market.

Speaking on the development, Thanh Nguyen, Vice President of Sales and Marketing said, "We are very excited about the partnership with Napino for providing battery packs for electric vehicles. Given the huge potential offered by the Indian market, we foresee that India will become one of the largest e-mobility markets in the world. .This strategic collaboration will enable us to access this fast growing market."

(ET Auto, July 23, 2019)


India to become the Major Export Hub of Electronics Manufacturing: Ravi Shankar Prasad:


Speaking at the fourth anniversary of Skill India programme, Indian Minister of Communications and Minister of Law and Justice, Ravi Shankar Prasad said that the government is aiming to make India a major export hub of electronics manufacturing.  According to the minister, India is the second biggest manufacturer of smartphones in the world. India has 282 mobile factories as compared to just two factories in 2014, he added.  There are currently 121 Cr mobile phones in the country, out of which 60 Cr are smartphones, according to the minister. He also stressed on the fact that these mobile phone factories serve as the major employers of youth.  Further, the increased smartphone adoption in rural India has also opened up the need for new skills training courses such as mobile repair, he added. He added that schemes such as Digital India had sought to fill the digital divide in our country. This has been realized through various government initiatives such as aadhaar enrollment, Jan Dhan Yojana, and increased mobile phone penetration. In addition to this, setting up 3 Lakh Common Service Centres (CSC) across the country has also contributed to the government’s Digital India and Skill India mission, as it helped in making 1.5 Cr. rural population digitally literate and also employed 12 Lakh youth at these centres.

(Inc 4, July 15, 2019)








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Companies committed to electronic hardware manufacturing with substantial value addition through production of components, subassemblies, parts, capital goods/machinery for manufacturing of electronics hardware, EMS providers, service providers such as quality/product testing as well as companies designing components and subassemblies are eligible for membership. Equipment companies from all segments of electronics (i.e., Consumer, Telecom, IT, Defence, Industrial, Medical and Automobiles) are welcome to join ELCINA membership once they commence manufacturing, assembling or designing activities in the country.


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 Fortnightly Previous Edition

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SECTION I - POLICY SCAN                                                            


Govt. may bring separate policy for electronics to boost FDI


In a move that may be a boost for hi-tech companies like Apple, Samsung, etc., the government is likely to formulate a separate policy for electronics to attract higher foreign direct investment (FDI) and make the country an export hub. This means electronics will not form part of the easing of the 30% local sourcing norms for single-brand retail, about which finance minister Nirmala Sitharaman spoke in the Budget. For all practical purposes, no mandatory local sourcing norms may apply for electronics companies which make manufacturing bases in the country for export purposes. Analysts said sectors other than electronics may be clubbed together as single-brand retail and the new, eased 30% sourcing norms would apply to them.  “Electronics has an issue of imports. It is the third-largest category that eats up into our forex,” said Ankur Bisen, senior vice-president at Technopak Advisors. Bisen said the government should also mull extending the three-year period exemption, currently provided to companies undertaking retail trading of products having state-of-the-art technology, for sourcing products domestically. A move to this effect will give such companies more time to develop their factories and network of vendors in India.


(FE, July 16, 2019)


 SECTION II - INDUSTRY  SCAN                                                                                            



Hewlett Packard Enterprise to invest $500 million for India growth



Hewlett Packard Enterprises (HPE) will invest $500 million in India over the next five years to grow its operations and begin manufacturing in the country. HPE said it would begin building a high-tech extension to its campus in Mahadevapura, in Bengaluru, that will be able to house more than 10,000 employees as well as state-ofthe-art R&D facilities.  “India is one of the largest and fastest-growing economies in the world, and our investments will further develop the country as a critical market for HPE’s global business, as well as benefit our customers, partners, employees and the citizens of India,” said Antonio Neri, president and CEO of HPE and a member of the US-India CEO Forum. The company said it would start manufacturing Aruba’s portfolio of mobility and IoT solutions in India before year-end. In the budget, the government said it was looking to boost electronics manufacturing and said it would launch a scheme to invite global companies to set up mega manufacturing plants.  “It is great assurance that a global giant like Hewlett Packard Enterprise is making big investments in India, both in manufacturing as well as research and development,” said Ravi Shankar Prasad, minister for communication, electronics & IT. “It shows the rising confidence of global investors in India's growing electronics manufacturing sector and success of Digital India.” 

(ET, July 25, 2019)



India PCB (Printed Circuit Board) Markets, 2011-2018 & 2019-2024


The Indian PCB (Printed Circuit Board) market in India was worth US$ 2.37 Billion in 2018. Printed circuit boards (PCBs) are non-conductive, copper laminated boards that help to connect electronic and electrical components without the use of wires.  These boards are composed of epoxy, fiberglass and other composite materials which reduce the complexity of the overall circuit design. PCBs are installed in various electronic products, ranging from consumer gadgets, such as PCs, tablets, smartphones and gaming consoles, to industrial and high-tech products. Over the past few years, the demand for PCBs in India has witnessed a steady rise on account of increasing investment in digitization and favorable government initiatives.  Looking forward, the PCB market in India is projected to reach US$ 6.33 Billion by 2024, exhibiting a CAGR of 17.9% during 2019-2024. India represents one of the largest and fastest growing consumer electronics market in the Asia Pacific region. Computers, laptops, mobile phones, etc. often use rigid PCBs in areas vital to the functionality of these devices, such as the motherboard, thereby creating a positive impact on the growth of the PCB industry. 

(Cision News, Jul 24, 2019)



TRAI wants to be apex authority on data in India, MeitY disinterested


Telecom Regulatory Authority of India (TRAI) wants to become the apex authority on data security, privacy and cybercrime according to a report by The Economic Times. According to the paper, all the relevant information passes through mobile phone networks and that TRAI wants its reach to be widened. The Ministry of Electronics and IT (MeitY), however, does not entertain the idea of making TRAI the authority on such matters. A senior official said to the paper that TRAI was specifically designed to be just a regulator for telecom. This idea comes at a time when the government is planning to table the Personal Data Protection (PDP) Bill in the Parliament. The bill will help set up Data protection authority at a national level which will monitor data establishments like fintech and e-commerce companies among others and deal with matters of user consent.


(MoneyControl, July 24, 2019) 



Electronic Voting Machines Completely Non-Tamperable: Centre To Lok Sabha



Electronic voting machines (EVMs) are manufactured by two public sector companies without any technical collaboration with any foreign establishment and the devices are "completely non-tamperable", Lok Sabha was informed on Wednesday.In a written reply, Law Minister Ravi Shankar Prasad said quoting the Election Commission that there is "no technical collaboration with any foreign establishment" to manufacture EVMs. He said the machines are indigenously designed, developed and manufactured by Bharat Electronic Ltd. and Electronics Corporation of India Ltd. under technical guidance of the Commission's Technical Expert Committee.  The Commission has informed that the EVMs are completely non-tamperable. These EVMs are technically sound and the Commission has put in place strict administrative safeguards for their free, fair and transparent use," he said. Ahead of the recent Lok Sabha election, several opposition parties had questioned the reliability of the voting machines and urged the EC to go back to the ballot paper system. But the EC has asserted that EVMs are "here to stay" and it won't go back to ballot papers. Mr Prasad said following the recommendations of its Technical Expert Committee in 2007, the Commission formally declared 1989-90 vintage EVMs not fit for further use. The next model of EVMs (M-1), manufactured from 2000 to 2005, have also been put out of use after the 2014 Lok Sabha elections due to their non-compatibility with Voter Verifiable Paper Audit Trail (VVPAT). However, M-1 EVMs which are under 15 years of life are being provided to the State Election Commissions (a separate body under the Constitution) for use in local body elections.


(NDTV, July 24, 2019)




E-waste management ay end up as just junk sans policy support: Experts


The state of e-waste management in India needs a major facelift through the joint effort of stakeholders including producers, policy makers and recyclers, according to experts. According to the United Nations University’s Global E-waste Monitor, India’s e-waste generation amounted to 2 million tonnes in 2017. Computer and telecom equipment accounted for 82 per cent of the total e-waste generated in India, according to an ASSOCHAM-KPMG study. However, only 0 .036 million tonnes of waste was processed. E-waste generation in India is estimated to increase by 500 per cent by 2020. Producers, recyclers and policy-makers need to work together simultaneously to cover this gap in waste-management. The primary problem faced by consumer brands along with registered Producer Responsibility Organizations (PRO) is the lack of awareness amongst citizens leading to consumer goods ending up in the informal system. Approximately 95 per cent of e-waste generated ends up in the informal sector according to reports.

(BusinessLine, July 24, 2019)



It took a ban and a government notice for Byte Dance to wake up in India


Byte Dance has finally woken up to India’s security concerns after the country’s law enforcement began to bite. Yesterday (July 21), the Chinese internet technology firm said it is in the process of setting up a data centre in India for its video-sharing apps, TikTok and Helo. Their Indian users’ data is right now stored on servers in Singapore and the US. “We now believe the time has come to take the next big leap,” Byte Dance said in a blog post. “In line with this effort, we are looking forward to having a more active dialogue with relevant stakeholders, and setting new benchmarks along the way.”  The announcement comes just days after the cyber laws and e-security arm of India’s ministry of electronics and information technology sent a notice to Helo and TikTok raising concerns about anti-Indian and unlawful activities occurring on both the platforms. TikTok did not respond to a detailed questionnaire from Quartz. Byte Dance has been trying hard to get into the good books of the Indian government and regulators since the start of the year, when TikTok was marred in controversies.


(Quartz, July 22, 2019)



Panel favours crypto currency ban in India


An inter-ministerial committee set up by the government on virtual currencies has proposed banning of private crypto currencies in India by enacting a law and imposing fines and penalties for carrying on activities related to such crypto currencies. The committee headed by finance secretary Subhash Chandra Garg has proposed a draft bill “Banning of Crypto currency & Regulation of Official Digital Currency Bill, 2019", which has been placed in the public domain. The committee has, however, taken a lenient view on the government launching an official digital currency, asking it to keep an open mind on the matter. “As virtual currencies and its underlying technology are still evolving, the group has proposed that the government may establish a standing committee to revisit the issues addressed in the report as and when required," it said. The committee which also had secretary MEITY, chairman Sebi and RBI deputy governor as its members has suggested the use of distributed-ledger technology (DLT) in India, especially in financial services. “The DLT-based systems can be used by banks and other financial firms for processes such as loan-issuance tracking, collateral management, fraud detection and claims management in insurance and reconciliation systems in the securities market," the report said.


(LiveMint, July 23, 2019)



Kerala govt. to Set up India's First Space Park in Thiruvananthapuram


The Kerala Government will set up a state-of-the-art Space Systems Park, claimed to be the country's first, at Knowledge City here to attract global start-ups working in the space sector and also develop it as a major manufacturing hub for space-related technology, research and development. Dr APJ Abdul Kalam Knowledge Centre and Space Museum, to be developed by the Vikram Sarabhai Space Centre (VSSC), a major centre of ISRO, as a befitting memorial to the former president and top space scientist, will also be located at the sprawling site as part of the overall infrastructure of the Space Park, a press release said.  The state government has issued orders to make Dr APJ Abdul Kalam Centre and Space Museum part of the space park and to allot the land required for the facility. This will be an added attraction to the park and the entire investment will be made by the VSSC. The government will transfer 20.01 acres as lease to the Kerala State Information Technology Infrastructure Ltd (KSITIL) to develop the space park at Knowledge City within Technocity as an international space technology ecosystem. Of this, 16.07 acres, now having SEZ status, will be denotified by KSITIL. The land belongs to Technopark.

(News18, July 19, 2019)





Information Technology


India's PC manufacturing capacity under-utilised up to 80% as per industry: Ravi Shankar Prasad 


The industry estimates that manufacturing capacity of personal computers in India is under-utilised to the tune of about 80 per cent due to "cheaper imports and certain disabilities", Parliament was informed on Wednesday.  According to the Manufacturers Association for Information Technology (MAIT), the manufacturing capacity of personal computers in the country is under-utilised to the extent of about 80 per cent on account of cheaper imports and certain disabilities which render domestic personal computer manufacturing uncompetitive on account of lack of level playing field vis-ŕ-vis competing nations, Minister for Electronics and IT Ravi Shankar Prasad said in a written reply in the Lok Sabha.  The hurdles include lack of adequate infrastructure, domestic supply chain and logistics, high cost of finance, inadequate components manufacturing base and limited focus on Research and Development by the industry, the minister added. India has implemented zero import duty regime on 217 tariff lines, including personal computers, as a signatory to the Information Technology Agreement of the World Trade Organization (WTO), he said. 

(ET, July 24, 2019)



It took a ban and a government notice for Byte Dance to wake up in India


Byte Dance has finally woken up to India’s security concerns after the country’s law enforcement began to bite. Yesterday (July 21), the Chinese internet technology firm said it is in the process of setting up a data centre in India for its video-sharing apps, TikTok and Helo. Their Indian users’ data is right now stored on servers in Singapore and the US.“We now believe the time has come to take the next big leap,” Byte Dance said in a blog post. “In line with this effort, we are looking forward to having a more active dialogue with relevant stakeholders, and setting new benchmarks along the way.”  The announcement comes just days after the cyber laws and e-security arm of India’s ministry of electronics and information technology sent a notice to Helo and TikTok raising concerns about anti-Indian and unlawful activities occurring on both the platforms. TikTok did not respond to a detailed questionnaire from Quartz. Byte Dance has been trying hard to get into the good books of the Indian government and regulators since the start of the year, when TikTok was marred in controversies. In early 2019, TikTok’s user base in India was estimated at over 50 million and it was among the top apps based on daily downloads. Yet, the app continued to fly under the radar in India and did not do much to ensure its users’ safety.


(Quartz India, July 23, 2019)


India's electronics production on accelerated path, but accounts for 3.3 per cent of global market: Ravi Shankar Prasad


India's electronics production is estimated at Rs 4.58 lakh crore in 2018-19, which despite accelerated growth in recent years, still represents only 3.3 per cent share of the global market, Parliament was informed Thursday. The domestic electronics hardware manufacturing sector faces lack of level-playing field against competing nations on account of "several disabilities which render the sector uncompetitive", Minister for Electronics and IT Ravi Shankar Prasad said in a written reply in Rajya Sabha. To a question on whether the government is satisfied with the current level of contribution of Indian electronics industry to global market, the minister replied in the negative. The government and industry, he said, have taken a slew of initiatives; as a results of which production of electronics in India has risen to an estimated Rs 4.58 lakh crore in FY19, growing at a compound annual growth rate (CAGR) of about 25 per cent in the last four years, compared to a rate of 5.5 per cent in 2014-15. "The domestic demand in electronics sector is increasingly being met out of domestic production," he said. The National Policy on Electronics 2019 aims to promote domestic manufacturing and export in the entire value-chain of Electronics System Design and Manufacturing (ESDM) to achieve a turnover of USD 400 billion (Rs 26 lakh crore) by 2025. "India's electronics production during 2018-19 is estimated to be Rs 4,58,006 crore (about USD 70 billion) whereas the global electronics production is estimated to be of the order of USD 2.1 trillion (about Rs 136 lakh crore). Therefore, India's share in the global electronics production is about 3.3 per cent only," Prasad said. 

(ET, July 18, 2019)




 Defence & Solar


Made in India: Indian Navy gets its sixth LCU ship built at GRSE


The sixth ship of Class of Eight Landing Craft Utility (LCU) Mark-IV vessels– IN LCU L-56 was commissioned today at Visakhapatnam by Vice Admiral Atul Kumar Jain, Flag Officer Commanding-in-Chief, Eastern Naval Command. Also present were Rear Admiral VK Saxena, (Retd), Chairman & Managing Director, Garden Reach Shipbuilders and Engineers Limited (GRSE) and other senior officials of the Indian Navy and the yard. This is the 100th warship built by GRSE, a Mini Ratna Category 1. The contract for building eight LCUs was signed in 2017. The LCU Mark IV ship fitted with almost 90% indigenous content in line with the ‘Make in India’ initiative, has been designed completely in-house by GRSE, based on the requirements specified by the Indian Navy. To be based at the Andaman and Nicobar Command and can be deployed for multirole activities including beaching operations, search and rescue disaster relief operations, supply, and replenishment and evacuation from distant islands. Fitted with state-of-the-art equipment and advanced systems like the Integrated Bridge System (IBS) and the Integrated Platform Management System (IPMS), the LCU Mk-IV is an amphibious ship and its primary role is transportation and deployment of Main Battle Tanks, Armoured Vehicles, troops and equipment from ship to shore.


(FE, July 29, 2019)



DefExpo India-2020 to be held in Lucknow for the first time


He 11th biennial edition of DefExpo India-2020 is scheduled to be held for the first time in Uttar Pradesh's capital Lucknow. It offers an excellent opportunity for the Indian defence industry to showcase its capabilities and promote its export potential. Main theme of the DefExpo India-2020 will be 'India: The Emerging Defence Manufacturing Hub' and focus will be on 'Digital Transformation of Defence'. The shows are conducted at an international level, which not only facilitates Business-to-Business (B2B) interaction with senior foreign delegations but also Government-to-Government (G2G) meetings and signing of Memorandums of Understanding (MoUs). The exhibition will also highlight emergence of UP as an attractive destination for investment in the defence sector and act as a platform for alliances and joint ventures in the defence industry. The northern state has a strong defence industrial infrastructure. It has four units of Hindustan Aeronautics Ltd at Lucknow, Kanpur, Korwa and Naini (Prayagraj), nine ordnance factory units, including Kanpur, Korwa, Shahjahanpur, Firozabad and one unit of Bharat Electronics Limited at Ghaziabad. One of the two Defence Industrial Corridors (DICs) of India is also planned in Uttar Pradesh. The Corridor will encourage Defence Micro Small and Medium


(India Today, July 21, 2019)




Consumer Electronics


FTAs with Asean nations hurt domestic TV production


India’s free trade agreement (FTA) with the Asean is adversely impacting domestic production of televisions (TVs) as it is cheaper to import finished products from FTA nations. Currently, most of the components used in making TVs like open cell, panels and other parts have to be imported as the ecosystem for producing them domestically is still not developed, but the government has levied a basic customs duty (BCD) on them since December 2017. For instance, there is a BCD of 5% on open cell and 15% on panels. Since these components constitute a major part of TVs’ production value, making the product in the country has become unviable. Apart from this, there is a 10% BCD on parts used in making TV panels. In contrast, there is no duty on import of finished TVs from Asean countries. As a result, Samsung has already stopped manufacturing TVs in India and shifted a big part of its manufacturing capacity to Vietnam. Many other companies are also exploring the option to shift manufacturing to Asean countries. According to industry executives, Samsung is now importing most of its TVs from Vietnam. A lot of other multinational and Indian companies have also set up their manufacturing units in Vietnam. Therefore, import of TVs from Vietnam has jumped multi-fold in value terms to `2,317 crore in 2018-19 from Rs 62 crore in 2017-18.


(FE, July 23, 2019)




Experiential marketing initiatives bring the brand closer to consumers: Ki Wan Kim


LG is a household name in terms of electronics in India. It emerged as the most trusted brand in the TV and Washing machine category in the Trust Research Advisory report 2019. Exchange4media spoke to the Managing Director of LG Electronics India, Ki Wan Kim, to know more about the brand’s marketing initiatives in the country and product innovations. Kim said that the brand has been present in India since 1997 and consistently over the years they have been loved, trusted and respected by their consumers. On building a relationship with consumers, he added, “Our aim is to enhance consumers’ lifestyle by offering products which makes their lives convenient. We are constantly listening to consumers; trying to know their pain points & offering products as solutions for the same.


LG has seen a robust growth in business this year as compared to last year due to innovative product portfolio introduced by the company. Talking about maintaining brand loyalty with customers, Kim said,” Trust is the most important connection between a brand and its consumers. LG’s products have always been an integral part of the consumer’s journey and with our unique initiatives we continue to leave a mark on their lives.”


Source: https://www.exchange4media.com/brandspeak-news/experiential-marketing-initiatives-bring-the-brand-closer-to-consumers-ki-wan-kim-98512.html


 Sachin Bansal's fund invests Rs 20 cr in consumer electronics start-up boat


Consumer electronics start-up boAt, known for its earphones, speakers and travel chargers, has secured a commitment of Rs 20 crore in venture debt from Flipkart co-founder Sachin Bansal's fund BAC Acquisitions. The brand will be using the funds for business operations. In a sector dominated by established global brands such as Apple, Samsung and Bose, the brand has already registered Rs 100 crore in FY2018 as gross sales. The firm said it is eyeing gross sales of Rs 500 crore in the next couple of years. The company was founded by Aman Gupta and Sameer Mehta in 2016 and has grown to a 45-member team with offices in Delhi and Mumbai.

"Venture debt definitely helps us keep the capital structure intact. boAt's financial performance has been strong since inception," said Aman Gupta, co-founder of boAt. "Our efficient and lean business model, coupled with targeted business insights, has allowed the brand to enjoy logical margins so that we can earn money and not burn money," added Gupta.


The company said that the trendy look and feel of boAt speakers and headphones have led to the new category of 'hearables', akin to fashion accessories. It has created a community of over 1,200,000 'boAtheads', or consumers. The firm said that every three minutes there is a new consumer being added to the boAt family. The brand sells over 8,000 units per day and, on an average, five units every minute. The products, which are available via online platforms such as Amazon and Flipkart as well as offline retail store chains like Croma and Vijay Sales, are made through contract manufacturing in India and China.


Retail giant Walmart's acquisition of Flipkart for $16 billion last year not only provided blockbuster exits to its investors but also turned the founders — Sachin and Binny Bansal — into billionaires. Both Sachin as well as Binny are now active in the Indian start-up ecosystem, backing several promising start-ups through their personal funds and family offices.


Source: https://www.business-standard.com/article/companies/sachin-bansal-s-fund-invests-rs-20-cr-in-consumer-electronics-start-up-boat-119071700683_1.html







Overseas Shows



Taipei International Electronics Show (TAITRONICS)



Taiwan External Trade Development Council (TAITRA) 







Venue & City


Taipei Nangang Exhibition Center,  Taipei, Taiwan




Domestic Shows  



Electronica India 2019



Messe Muenchen India









Greater Noida, Delhi NCR, India






SECTION - V - ELCINA EVENTS, ACTIVITIES & SERVICES                                          





Strategic Electronics Summit (SES) – Defence & Aerosapce 2019


30th & 31st July, 2019, BIEC, Bengaluru




Release of Knowledge Paper on Strategic Electronics




ELCINA and MeitY Start Up Hub 

(Mr. Gopalakrishna S, JS, MeitY & Mr. Amrit Manwani, President-ELCINA)


Recognistion for the Promosing Start-Ups during SES 2019





More details & Post Show report of SES 2019 will be shared shortly……



 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. 


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


S. No.

Program Name


Quality Improvement Techniques - Core Tools


SPC - Statistical Process Control



7 QC Tools - Problem Solving Techniques



FMEA - Product & Process



RCA & CAPA - Root Cause Analysis / Corrective Action Plan



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



Global 8 D - Problem Solving Techniques



Reliability Testing & Certification for LED Lighting Products



Six Sigma Methodology for Process Improvement









5 S



Six Sigma - Green Belt



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



Environment Testing for Electronics Products & Components as per IS Standards



ISO 9001:2015 Requirements & Implementation



ISO 9001:2015 Internal Auditor Course



ISO 14001:2015 EMS - Environment Management System



Internal Audit Training



Environment & Health - EHS Legal Requirement


Manufacturing - Productivity & Cost





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



Equipment Maintenance - Autonomous Maintenance Methodology



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



Production Capacity Enhancement with Flow Manufacturing



Vendor Evaluation Technique



Material Handling & Warehouse Management



Lean Manufacturing






Value Stream Mapping



Just in Time Manufacturing Methodologies



Principles in KANBAN



Reduction of Set-up Time - Use of SMED


Soft Skills


Internal Communication Skills & Building High Performance Team



Personality Enrichment & Leadership Skills



Business Time & Stress Management



Conflict Management



Assertiveness and Dealing with Difficult Situations



Shop Floor Management Skills



Motivation Skills



Time Management & Stress Management



Team Building for High Performance



Building Better Work Relationship



Conflict Resoultion at Work - Techniques



Pesonality Development



Managerial Effectiveness



Influencing & Persuading Others



Business Communication



Internal Effective Communication



Leadership Development for Organisational Success



Leadership for Young Managers



Please click the link below for more training programs


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





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.



“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;



“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



 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:


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


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