The Defence Ministry has received requests from a number of states including Gujarat, Rajasthan, Odisha, Tamil Nadu and Uttar Pradesh to host the next Aero India, amid reports that the mega aerospace event is being moved out of its traditional venue of Bengaluru. Official sources said the Defence Ministry is examining the requests from various states and yet to take a call on the venue for the next edition of the event. "The ministry has received requests to host the event from Gujarat, Rajasthan, Odisha, Tamil Nadu, Uttar Pradesh and several other states," said a source. There have been reports that the biennial event - considered the largest aerospace exhibition in Asia - may be organised at the Bakshi Ka Talab air force base in Lucknow in October. Aero India has traditionally been organised at Indian Air Force's Yelahanka air base on the outskirts of Bengaluru.
(NDTV, Aug 13, 2018)
The defence ministry today approved a long-pending proposal to procure six indigenously manufactured next generation offshore patrol vessels (NGOPVs) for the Navy at a cost of Rs 4,941 crore, officials said. The go ahead for the project was given by the Defence Acquisition Council (DAC), the ministry's highest decision making body on procurement. The meeting of the DAC was chaired by Defence Minister Nirmala Sitharaman. The DAC accorded approval for the procurement of six indigenously designed and manufactured offshore patrol vessels at an approximate cost of Rs 4,941 crore, the officials said. The NGOPVs will be built in Indian shipyards and will be fitted with state-of-the-art sensor suite with increased endurance, they said.
(ET, Aug 13, 2018)
With IT and telecom industry on the cusp of a data revolution, the need for a skilled workforce, especially in data analytics segment has assumed critical importance.
There is a talent deficit in data/analytics segment, as the education system is yet to adapt to the latest technological shift which will completely alter the landscape of the industry, according to experts. There is a massive flow of data over internet which is expected to increase manifold with the advent of new technologies such as 5G, artificial intelligence, internet of things (IoT), virtual reality, robotic process automation, blockchain amongst others.
With increasing dependency of entities/institutions across sectors on data, there is a greater need for cyber security as data consumption and complexities rise. Data analytics is fast becoming an integral part of organisations due to factors such as improved efficiencies, greater transparency and speed, and a way of reducing costs. It also enable companies to explore new business/revenue streams with much efficiency.
(DNA, Aug 09, 2018)
Apple seems to have decided to relent in India and fall in line with telecom regulator Trai’s demand to allow an anti-spam app that tackles the menace of unwanted calls and messages. Sources said the electronics giant has decided to make India-specific changes in its upcoming operating system upgrade — iOS12 — to be launched around September. The new version will add “certain functionalities” that would make it convenient for users to handle Trai’s D-Not-Disturb (DND 2.0) app effectively and report about spammers promptly. “It will make it easier to identify the spammers, and will make it smoother for users to report about violators to Trai or any other authority that has been earmarked./ This is not possible at this moment,” sources said.
(TOI, Aug 08, 2018)
ooks like Xiaomi's Supplier Investment Summit which was organised in April this year to help non-local component suppliers to start making locally is bearing fruit. One of its key component suppliers, Holitech Technology, on Monday announced that it will start component manufacturing in India by Q1 2019. Holitech Technology has signed an MoU with the state of Andhra Pradesh and will start local manufacturing in the city of Tirupati for Xiaomi.
Holitech Technology announced that it would be investing nearly $200 million over three years in India and would be the first manufacturer in the country to manufacture Compact Camera Modules (CCM), Thin Film Transistor (TFT), Capacitive Touch Screen module (CTP), Flexible Printed Circuits (FPC), and fingerprint sensor locally. The local manufacturing also aims to generate 6,000 jobs in three years.
(India Today, Aug 07, 2018)
South Korean auto major Hyundai Motor is planning to introduce its full range of electric vehicles in India as it tries to expand its product offerings to compete with market leader Maruti SuzukiNSE 0.43 % for a bigger share of the Indian roads. Close on the heels of Maruti Suzuki announcing plans to manufacture electric vehicles by 2020, Hyundai has commissioned a study to explore manufacturing of such vehicles in India. This will be in addition to introducing the globally successful Kona SUV by importing CKD packs to India by the second half of 2019. YK Koo, MD of Hyundai Motor India, said the aim is to have a range of electric cars in India and cater to buyers in different price segments. The company is currently studying various aspects of battery manufacturing and sourcing parts from the local market “We will be adopting a top down approach for EVs in the country.
(ET, Aug 13, 2018)
With India tightening its data security regime, the government recently told e-commerce giants such as Amazon to set up their data centres in the country at the earliest. “I have emphasised in my meeting with top authorities of Amazon India that they must urgently explore the possibility of setting up their data centre in India,” Ravi Shankar Prasad, Minister of Electronics and Information Technology and Law & Justice, told BusinessLine in an interview here. The meeting included Amit Agarwal, Global Senior Vice-President and Country Head of Amazon India. When contacted by BusinessLine, Amazon India declined to comment. Prasad said this initiative must be taken on a priority basis, as generation of data is integral to e-commerce operations. Therefore, safety, security and element of consent for transborder migration of data are equally important. “They (Amazon) are welcome to do business in India, as it offers them a good market. But India and Indians are equally concerned about their data,” Prasad said, adding that India is one of the largest markets for Amazon so it should not be reluctant to set up a server here.
(BusinessLine, Aug 13, 2018)
In a big boost to government’s ‘Digital India’ initiative, e- payment transactions recorded a significant jump to 2070.98 crore in 2017-18, Minister of State for Information Technology (IT) said in a reply to a question in Lok Sabha yesterday. In 2013-14, 220 crore e-transactions were recorded. The central government is working with different stakeholders namely smart cities, banks, payment service providers and state to further promote the cashless payments, the minister also said in response to another question. A target of 3,013 crore digital payments transactions has been set by the Ministry of Electronics and Information Technology in 2018-19. The ministry uses a performance scorecard and a bank ranking system to monitor and also evaluate the performance of the lenders.
(FE, Aug 09, 2018)
Union Minister for Electronics and IT Ravi Shankar Prasad predicted a digital boom in India and said the country is becoming a hub of electronics manufacturing in the world. Inaugurating the state-of-the-art Electronics and IT Enclave of Software Technology Parks of India (STPI), Bhubaneswar here on Saturday, Prasad said from mobile manufacturing to automobile and medical electronics to solar power, everything is now being manufactured in the country.
Prime Minister Narendra Modi had wished to create an India of 3 ITs - India’s Talents plus Information Technology can be India Tomorrow. “Digital India means empowering ordinary people with the power of technology to reform, transform and develop India. It will bridge the digital divide between the haves and have-nots and bring digital inclusion based on technology which is low cost and development oriented,” he said.
The STPI ELITE that was inaugurated is the biggest in Eastern India. It will promote innovation, entrepreneurship and incubation besides digitally empowering people and creating more employment in Odisha.The Government has been promoting electronic manufacturing in a big way. He said from just two mobile manufacturing units in the country till 2014, the country now has 120 mobile factories in India, employing nearly five lakh people in the last four years.
(Indian Express, Aug 05, 2018)
Union Minister for Electronics& Information Technology and Law & Justice Ravi Shankar Prasad remotely laid the foundation stone of a permanent campus of the National Institute of Electronics & Information Technology (NIELIT) at Benthang in Pakyong, East Sikkim from Guwahati on Saturday. The function was also attended by the Minister for Health Care, Human Services and Family Welfare Arjun Kumar Ghatani, who represented the state of Sikkim in One Digital North East Summit. The state government has allotted 8.54 acres of land for setting up of the National Institute of Electronics and Information Technology NIELIT in the state. The Union Minister also laid foundation stone for setting up of NIELIT at Shillong in Meghalaya, Guwahati in Assam and Lunglei in Mizoram on the occasion.
On the occasion, the Digital North East: Vision 2022 was officially released by the Union Minister in presence of the Chief Minister of Assam Sarbananda Sonowal, Chief Minister of Tripura Biplab Kumar Deb, Chief Minister of Meghalaya Conrad K Sangma, Deputy Chief Minister of Arunachal Pradesh Chowna Mein, PHE Minister Nagaland Jacob Zhimomi, IT Minister Meghalaya Hamletson Dohling, Secretary Department of Telecommunication, Secretary DoNER, officials from the government of India and NE states.
(NorthEastnow, Aug 12, 2018)
Trade is War’ has become a live metaphor for contemporary world politics in the wake of coercive attempts by the US and China to restrict the flow of goods and services. The US has imposed additional duties on Chinese products while Beijing has responded by raising duties on American imports. The US says trade with China is highly tilted in the latter’s favour, as Beijing makes use of American technology and floods the US market with its products while restricting its own market to American businesses. As a result, the two economic superpowers are indulging in a tariff war where each player wants to extract the best deal for itself. And both the economic giants say the reasons for the trade wars are their domestic economy and local jobs.
Technology has become a key battleground. The Qualcomm and NXP Semiconductor deal fell apart as Chinese regulators let the deadline for approvals pass. One of the biggest mergers of the semiconductor sector in particular and electronics industry in general is the latest casualty of this trade war. Not many are mincing words in saying the deal is a direct casualty of the trade war between the two nations. Even as they improve their ties with the European countries, the trade relations between these nations deteriorates.
(Indian Express, Aug 13, 2018)
Ikea's first Indian outlet opened on Thursday, with more than 200 eager shoppers queueing in the underground car park to escape the heat as a military band played a crowd-pleasing medley inside.
The store in the southern city of Hyderabad is the first of 25 outlets the Swedish furniture giant hopes to open by 2025 across the country of 1.25 billion people.
"I've come all the way from Bangalore (575 kilometres, 357 miles away). I am excited to see what's there," garment factory employee Krishna Mohan Dixit, 39, who began lining up 90 minutes before the 10 am opening, told AFP.
(ET, Aug 09, 2018)
South Korean President Moon Jae-in undertook a four-day visit to India in early July, keen to improve bilateral economic and business ties between Seoul and New Delhi. High on the visiting leader’s agenda was renewing South Korean interest in Prime Minister Narendra Modi’s flagship ‘Make in India‘ campaign. Moon and Modi were both present as Samsung, the South Korean multinational conglomerate, used the visit to launch its largest global mobile factory in Delhi’s National Capital Region. After formal talks, the focus was on finding ways to ease bilateral investment challenges, deepen economic ties, and upgrade the current Comprehensive Economic Partnership Agreement (CEPA). India and South Korea also aim to increase trade and investment to US$50 billion by 2030 – from the current US$20 billion.
(India Briefing, Aug 08, 2018)
Messe Muenchen India will organise electronica India and productronica India next month to unlock the increasing market opportunity for electronics industry in India. The trade fair, which will focus on technological trends in automotive electronics, mobile manufacturing, technology for printed circuit board (PCB) manufacturing, is expected to see 470 companies representing 18 countries. The three-day event at Bangalore International Exhibition Centre, between September 26 and 28, will debut many companies this year such as Littelfuse Far East Pte Ltd, Murata Manufacturing Company, Hanwha Precision Machinery (Samsung), Mahindra CIE Automotive, Mouser Electronics India, ROHM Semiconductor India and TTM Technologies in addition to the regular participants.
(ET, Aug 07, 2018)
Printed Electronics Market Report gives fundamental data identified with the general market and value estimate over a five-year time frame, from 2017 to 2022. In this bit, the masters have offered key figures which identifies with the creation and utilization gauge for the real areas that the market is classify into, generation conjecture by sort, and utilization estimate by application. Printed Electronics Market report shows the detail examination of the parent advertise in view of driving players, present, past and current data which will fill in as a gainful guide for all the Printed Electronics business contenders.
(Chronicle India, Aug 04, 2018)
E-governance is usually defined as distribution of government services and information to the public using electronic means. The means used for the distribution of information are often referred to as Information Technology or ‘IT’ in short forms. Use of IT in the government facilities is an efficient, speedy and transparent process for distributing information to the public and other agencies, and for performing government administration activities. The term governance may be termed as the process by which society navigates itself. In the process of e-governance the interactions between the State, Private Enterprise and Civil Society are being increasingly acclimatised and revised through the influence of Information and Communication Technologies (ICTs), constituting the phenomenon of e-governance. We can look the other way but the reality is that the time is changing and so are the means of communication and governance. There are many instances which have advocated loudly such developments; the use of the Internet by Civil Society, NGOs and professional associations to mobilise opinion and influence decision-making process that affect them; the increasing electronic delivery of government and commercial service and information; the electronic publication of draft legislation and statements of direction for public feedback; on the infrastructure side, the liberalisation of telecommunication markets and trends towards web-enabled mobile telephony and digital television are facilitating this evolution.
(State Times, Aug 03, 2018)
The commerce department has asserted that India requires a domestic ecommerce policy as there was pressure from developed countries on it to take part in WTO negotiations on online trade and also to counter China’s domination in the digital space. The commerce department’s draft ecommerce policy has come in for criticism from several quarters including government departments and ministers, as reported by ET on Wednesday. But a commerce department official said such a policy was needed by India to safeguard its interests and other ministries and departments were shying away from their responsibilities. The idea of the policy was to create a robust information base, facilitate an ecosystem for domestic economy, strengthen consumer protection in the ecommerce space, ensure safety of personal and community data in the country and become WTO compliant, said another official justifying the department’s initiative.
(ET, Aug 10, 2018)
The controversial draft policy on ecommerce, which proposes up to 49% foreign direct investment (FDI) in inventory-based ecommerce and pitches for data localisation, has irked various ministries and government departments, with many questioning the rationale behind key proposals.
Sources told ET that some ministries and departments feel the draft policy encroaches on their domain as it deals with many issues outside the remit of the commerce department, which is looking to issue a draft within the next 10 days after incorporating the views of stakeholders. These ministries have expressed their reservations during consultations and are expected to put their objections in writing, the people said.
The department of industrial policy and promotion (DIPP) did not favour an upfront FDI cap for inventory based models. The policy proposes up to 49% FDI in such Indian-controlled entities for 100% locally made goods.
(ET, Aug 09, 2018)
The draft National E-Commerce policy, of which MediaNama has a copy (pdf), includes debatable requirements like data localisation, an audit of foreign companies’ source code, mandating RuPay on every e-commerce website, using Jan Dhan account transactions to create a creditworthiness profile of individual users, amongst others. The 19-page policy is representative of the interests of the government-constituted ecommerce think tank. It prioritizes e-commerce brands which have already been set up in India, and has clauses that discourage the free inflow of foreign capital in e-commerce. This could end up complicating things for the entire Indian e-commerce ecosystem, including consumers. The membership to the think tank excludes foreign-based brands like Amazon, Uber, Visa, MasterCard and others while accommodating companies started in India (though not necessarily incorporated here) like Flipkart, Jio, Ola, MakeMyTrip, Infosys, WIPRO, Paytm, and so on. Like the National Education and the National Telecom Policies which guide the government’s approach for over 10 years, the draft National Electronic Commerce Policy will steer the approach of the government towards e-retailers, digital service providers and anyone else who conducts e-commerce in India.
(Medianama, Aug 07, 2018)
Reliance Jio has rubbished allegations that it was trying to evade import duties by taking alternative trade routes to ship in its 4G feature phone JioPhone, saying it manufactures all those handsets in India.
Jio was responding to allegations by Indian mobile handset companies led by The Mobile Association (TMA) which claimed that Mukesh Ambani-led Reliance Industries NSE -2.15 % was not making the JioPhone locally. JioPhone devices are not made in India. As per our understanding, JioPhone devices are all imported from China. The telecom service provider (Jio) is now planning to import large volumes via Indonesia to enjoy 0% customs duty,” Bhupesh Raseen, chairman of mobile advisory committee at TMA, told ET.
(ET, July 16, 2018)
Oppo’s A3s packs an AI-enabled selfie camera and "music party" feature for the price tag of Rs. 10,990, available in red and dark purple colour options. Oppo India on Friday unveiled a new mid-range smartphone Oppo A3sfor a price tag of Rs 10,990, the Firstpost reported. The smartphone gets a dual rear camera setup along with an Artificial Intelligence (AI)-enabled front camera for enhanced selfie experience. The Chinese phonemaker aims to target the young buyers with this new and affordable model equipped with “music party” feature. This function would allow users to connect multiple smartphones with versions of Oppo’s own Android-based ColorOS 5.1 or above to play the same track using hotspot, eliminating the need for speakers.
(Scroll.in, July 16, 2018)
Samsung on Monday launched what is being touted by the company as “the world's largest phone factory”. To some it may have come as a surprise that the sprawling manufacturing facility is located in Noida, an area not very far away from the bustling Indian capital, New Delhi.
It's a vote of confidence by the South Korean conglomerate in Asia's third-biggest economy and Indian prime minister Narendra Modi and South Korean president Moon Jae-in very rightly led the inauguration ceremony to mark the significance of the occasion. The investment of hundreds of millions of dollars by Samsung represents a leap forward for India, which has aspirations to become a global manufacturing hub.
The Samsung smart phone plant, perhaps, is first among many to big-ticket ventures to come to India, which is very keen to boost the foreign direct investments and diversify its largely agrarian economy.
At the event, HC Hong, the chief executive of Samsung India, spoke about the company's “dream of making India a global export hub for mobile phones”.
(The National, July 15, 2018)
Mobile wallet transactions surged in May with a 16 per cent growth in volume and a 22 per cent rise in value over the previous month, according to the Reserve Bank of India’s (RBI’s) monthly bulletin.
Mobile wallet transactions for May stood at 326.02 million in volume and Rs 142.39 billion in value, against 279.29 million and Rs 116.95 billion respectively in April.
The wallet industry has faced a rocky path during the year due to the rise of United Payments Interface (UPI) as well as stringent Know Your Customer (KYC) rule enforced upon them. This had resulted in a drop in wallet transactions over the past few months.
(BS, July 11, 2018)
When Finnish phone-maker Nokia had their big fall from grade, South Korean Samsung Electronics was sitting pretty. The company was proving to be Apple Computer’s biggest competitor in the high-end smartphone space, Samsung’s series of high-end Galaxy S smartphones have been the iPhone’s biggest rivals for years.
In India, Samsung became the top-dog in the smartphone space just as the market boomed. Some Indian firms, such as Micromax also got in the game by importing devices from China, many of them from a company known as BBK Electronics. For a while, these Indian brands were Samsung’s biggest competitors.
But the Chinese firms got wise to Indian importers and entered the Indian market on their own. And today, BBK Electronics’ three brands Oppo, Vivo and OnePlus along with China’s new consumer electronics giant Xiaomi have come to dominate the Indian smartphone market thanks to a combination of huge advertising spending as well as affordability. Xiaomi with their low-cost RedMi brand dominates the Indian smartphone arena today.
(The Pioneer, July 10, 2018)
In front are open fields with grazing cattle, to the left are under-construction residential societies and to the right is its existing facility - this where Samsung has set up what is the world's largest mobile factory. Not China or South Korea -- and certainly not the US -- the tag of housing the world's largest mobile factory has straight away put Noida on top of the world manufacturing map when it comes to consumer electronics. The new 35-acre Samsung Electronics facility at Sector 81 in Noida, Uttar Pradesh, will see Prime Minister Narendra Modi and South Korean President Moon Jae-in landing together at a quickly-prepared helipad adjacent to the factory to officially inaugurate it on Monday. One of the first electronics manufacturing facilities set up in the country in the early 1990s, the plant started by manufacturing TVs in 1997. The current mobile phone manufacturing unit was added in 2005.
(ET, Jul 08, 2018)
Foreign portfolio investors (FPIs) are cutting their exposure to Indian IT companies, with WiproNSE 0.80 % seeing a higher fall in their holdings, followed by InfosysNSE 1.17 %, as the sector continues to adjust to the disruption caused by digital technologies. Infosys’ foreign portfolio investors have continued to sell their shares in the company, even as asset manager Franklin Templeton joined ranks with some of the IT company’s largest investors in raising its stake. Foreign portfolio holdings at the Bengaluru headquartered company dropped 37 basis points sequentially to 34.82 per cent. Cross-town rival Wipro, whose turnaround has been a work-in progress for years, saw an even greater fall in foreign portfolio holdings. Foreign investors hold 8.72 per cent of the company, down from 9.27 per cent at the end of March.
(ET, July 16, 2018)
While usage of the Unified Payments Interface (UPI) as a digital payment mode is rising, the government-owned UPI app BHIM, or Bharat Interface for Money, is not keeping pace, ceding ground to non-stateplayers. According to the National Payments Corporation of India (NPCI), which runs the BHIM app, its share was at the lowest since inception in terms of UPI transactions by value at 15% of the total in June. NPCI figures show Rs 6,261 crore was transferred through the BHIM app out of Rs 41,000 crore through UPI. From around 42% of UPI transactions in September 2017, the share fell to 18% in April this year followed by 17% in May and 15% in June. The slide has been fastest since the end of 2017, when Paytm and Google Tez joined UPI. Such third-party applications as Phone-Pe, Paytm and Tez have captured a greater share of UPI transactions.
(ET, July 16, 2018)
The government has mandated giving preference to locally produced cyber security products in all public procurement where intellectual property rights are owned by companies or start-ups incorporated in India. The Ministry of Electronics and Information Technology (MeitY) said in an order that it “hereby notifies that Cyber Security being a strategic sector, preference shall be provided by all procuring entities to domestically manufactured/produced Cyber Security Products”. The notification, issued earlier this month, is based on Public Procurement (Preference to Make in India) Order 2017 which aims at enhancing income and employment in the country. According to the order, the preference will be granted to a company which is incorporated and registered in India or startup firms that meet the definition as prescribed by the Department of Industrial Policy and Promotion (DIPP), provided the revenue from the product and intellectual property (IP) licensing accrues to the firm in India.
(FE, July 15, 2018)
MarketResearchNest.com adds “Global IoT Software Market Size, Status and Forecast 2025” new report to its research database. The report spread across 95 pages with multiple tables and figures in it.
This comprehensive IoT Software Market research report includes a brief on these trends that can help the businesses operating in the industry to understand the market and strategize for their business expansion accordingly. The research report analyses the market size, industry share, growth, key segments, CAGR and key drivers.
(Chronicle India, July 14, 2018)
Facebook Inc.’s WhatsApp messaging service on Tuesday rolled out a new feature that would clearly mark forwarded messages in a move aimed at curbing the spread of rumours on its platform.
“This extra context will help make one-on-one and group chats easier to follow. It also helps you determine if your friend or relative wrote the message they sent or if it originally came from someone else,” WhatsApp said in its blog.
“It’s important for people to know if a message they’ve received has been forwarded or not. Without this context, it’s not clear whether a message is new or a potential rumour shared by others. The extra information can help people decide if they should take action on the information they have received,” said a WhatsApp spokesperson.
(BS, July 11, 2018)
India has flagged concerns of its large trade deficit with China, visa restrictions for Indian professionals and the challenges faced in exporting IT services, meat, rice and medicines to Beijing at the World Trade Organization (WTO). Trade is skewed in favour of China at a trade surplus of $63 billion. Bilateral trade was $89.6 billion in 2017-18. “This large and growing deficit is difficult for India to sustain, and serious efforts need to be made to remedy the situation,” India said in its submission to WTO, commenting on China’s trade policy, which EThas seen. Citing complex requirements for participating in contracts of Chinese state-owned enterprises (SOE) and issues related to qualification requirements, licensing and taxation, Delhi has sought transparency in export of agriculture products including bovine meat and providing services such as IT. “Indian professionals are facing visas restrictions like permits being granted only for a year,” it said.
(ET, July 16, 2018)
The Goa IT Day held in Panjim over the weekend has shown the State, famous for its tourism industry, in a new light: as the next IT destination of India. Shri Ravi Shankar Prasad, Union Minister for Electronics, IT, Law and Justice, was in Panjim to launch Goa's IT Policy and Schemes along with Goa Chief Minister Shri Manohar Parrikar and Shri Rohan Khaunte, Minister for IT, Revenue, Law & Employment. The Union Minister spoke to the audience about Goa’s potential future beyond tourism and hospitality. He also pledged support for their initiatives. Praising the Goa government’s IT policy and calling it extraordinary and well-thought-out, Shri Prasad promised that the Central government will help make Goa a centre for IT initiatives. He also assured that Goa would have an NIELIT (National Institute of Electronics & Information Technology) centre soon for super digital scaling. “Just give us the land; we will take care of the rest,” he told the State government dignitaries at the dais.
(Your Story, July 15, 2018)
Rising disposable incomes mean that India's demand for electronics is soaring, but the country needs to manufacture more goods within the country to reduce import costs and boost the economy, analysts say. “While the government is taking steps to boost electronics production, one needs to see how quickly it ramps up - else given its size, which is now close to the oil deficit, it may be emerging as the ‘new oil’ for India,” says Kapil Gupta, an economist at Edelweiss, a financial services firm headquartered in Mumbai. Manufacturing of electronic good in India is still relatively low and imports of electronic items are a burden on the country's trade deficit. A study by lobby group Assocham reveals that India would need to import $300 billion of electronic products, including televisions and smartphones, by 2020 to meet demand, which is growing at a rate of more than 40 per cent a year.
(The National, July 15, 2018)
Worldwide Small Electric Motors Market 2018 Production, Supply, Sales, and Demand on Small Electric Motors Market Research Report is in-depth research report on Small Electric Motors. From two aspects: production and sales, the “Global Small Electric Motors Market 2018” report provides detailed information of production, supply, sales, demand, price, cost, income and revenue on Small Electric Motors in the US, EU, China, Japan and rest of the world. In terms of production: the “Global Small Electric Motors Market 2018” report gives ex-factory price, cost, production value, and gross margin etc. of different types of Small Electric Motors produced in different regions and different manufacturers. In terms of sales:- the “Global Small Electric Motors Market 2018” report gives sales volume, sales price, cost, sales income, and profit margin etc. of Small Electric Motors used in different fields, sold in different regions and by different companies related to Small Electric Motors.
(Chronicle India, July 14, 2018)
The Automotive Cockpit Electronics Market Research Report is a highly diligent Report on competitive landscape analysis, prime manufacturers, marketing strategies analysis, Market Effect Factor Analysis and Consumer Needs by major regions, types, applications in United States market considering the past, current and future state of the Automotive Cockpit Electronics industry. The report provides a thorough overview of the Automotive Cockpit Electronics market including definitions, classifications, applications and chain structure.
(Stock Analysis, July 14, 2018)
Second year in a row, Andhra Pradesh outperformed 28 other states and seven union territories (UTs) to be the best in India to do business in, showed rankings released by the government.
The third edition of the annual ranking of all states and UTs under the Business Reform Action Plan (BRAP) conducted by the industry department and the World Bank showed Telangana and Haryana in second and third spots, while Meghalaya stood last at 36th position.
The ranking is based on 372 action points or reforms undertaken to ease regulation and systems in construction permit, labour regulation, environmental registration, access to information, land availability, and single window system. It is aimed at triggering competition among states to attract investments and improve business climate.
(ET, July 11, 2018)
As the European data protection laws kicked in on May 25, a large number of Indian firms have been caught off guard as they scramble to ensure compliance to strict provisions of the regulations termed General Data Protection Regime (GDPR), a study by Deloitte and Data Security Council of India found.
(BS, July 11, 2018)
rom the road one could see locals washing the ash from burned e-waste and using sieves to recover fragments of metal. Women and children broke apart and segregated the printed circuit board components, prying open the object and separating the gold, silver and copper-plated components.
Locals in Moradabad in western Uttar Pradesh described [to us] the process of recycling this hazardous material. Once the basic dismantling and separation were achieved, different methods of extraction followed: typically burning, grinding, washing and bathing in acid. The city of Moradabad, home to 900,000 people, was once celebrated as the brass capital of India. Now it is notorious as a centre for e-waste processing, an industry built on the declining fortunes of its famed brassware sector.
(The Guardian, July 09, 2018)
IIT Kharagpur and the Technical University of Munich from Germany have entered into a memorandum of understanding (MoU) for setting up an Indo-German Collaborative Research Center on Intelligent Transportation Systems. The Center will be located at IIT Kharagpur with the possibility of a similar center being replicated in Germany in the future. The goal of this Center will be to bring together Indian and German researchers, as well as industry partners from the two countries to work on various topics in the domain of transportation. These include next-generation cars where most of the innovation is in electronics and software, to environmentally friendly green transportation options and seamless connectivity between various modes of transportation.
(ET, June 27, 2018)
List of Electronic items on which GST reduced from 28% to 18% (As announced on 10th November 2017)
The Telecom Regulatory Authority of India proposed that internet telephony calls originating from international out roamers should be routed through the gateway of licenced International Long Distance Operators (ILDOs). It said international termination charges should be paid to the terminating access service provider. The recommendations are meant for service providers holding valid telecom licences and exclude calls made from mobile apps such as Whatsapp, Viber and Google Duo.
(Business Line, Oct 25, 2017)
IT security software maker Kaspersky Lab has detected some servers in India that were used by notorious cyber-criminal gang Lazarus, which is believed to be behind large-scale cyber-attacks across the world including the recent WannaCry ransom ware.
While researching the latest activities of the infamous cybercriminal group, Kaspersky uncovered a number of compromised servers being used as part of the threat actor’s global command-and-control infrastructure, the software company said.
(Business Line, Oct 25 2017)
Warehouses of e-commerce companies based in countries such as Australia, Japan, Italy, Spain, the Netherlands and Russia may not be exempted from paying the income tax in India once the multilateral instrument (MLI) to prevent base erosion and profit shifting (BEPS) comes into force.
BEPS refers to the reporting framework mooted by the Organisation for Economic Co-operation and Development (OECD) and signed by over 100 countries, including India to prevent exploiting gaps and mismatches in tax rules to shift profits by multinational companies (MNCs) artificially to low-tax regimes.
(BS, Oct 31, 2017)
The Swedish company is working on the major initiative where all its businesses are coming together to develop strong solutions on smart city.
Pramod Kaushik, President, Hexagon India, said they had already developed technologies which can find out what is below the ground, above the ground and in the air.
Hexagon's ground-penetrating radars can find what is under the ground at 30 to 40 metres, thus helping in locating the position of electric, fibre optic cable, water, sewerage and other lines and for coming out with the best solution.
(BS, Oct 13, 2017)
With an aim to further strengthen the defence infrastructure along its frontier with China, India is focusing on the central sector of the Line of Actual Control (LAC) by planning to connect its primary passes and valleys. This sector is less developed in terms of border infrastructure as compared to the LAC’s western and eastern sectors and in some areas it takes four days by foot for soldiers to reach forward defence locations.
It also has two disputed areas, including one, which has witnessed regular Chinese incursions in the past, therefore necessitating the setting up of adequate border roads to ensure quick mobilisation of troops and supplies.
(ET, Oct 14, 2017)
After its exit from the consumer mobile business, the Tata group, which had invested Rs.47,208 crore In in the past 15 years through equity and debt, would now have two businesses – enterprise business and retail fixed-line and broadband business. Besides, it would have a 32 per cent stake in Viom Networks.
Going by the announcement, Bharti Airtel would not take any debt liability of Tata Teleservices (TTSL) and Tata Teleservices Maharashtra (TTML), except for a small spectrum payout liability.
(BS, Oct 13, 2017)
Ireland gave the green light for tech giant Apple to build an €850-million ($1.0-billion) data centre, following a battle with conservationists who were seeking to preserve a forest.
High Court judge Paul McDermott dismissed the appeals bought by three campaigners, who were concerned about the environmental impact of the project, which is to occupy nearly 166,000 square meters in County Galway, west Ireland.
(BS, Oct 13, 2017)
Amazon is willing to team up with competitions Apple and Alphabet’s Google if it would help improve customers’ experience with its Alexa voice-activated virtual assistant, an executive working on the platform said.
The online retailer, which is already working with Microsoft on productivity features for Alexa such as calendar interactions, will put the user first in pursuit of any other partnerships, said Toni Reid, Amazon’s vice president of Alexa and Echo devices, who has been on the team since 2014.
(BS, Oct 13, 2017)
Tata Consultancy Services (TCS) said its second-quarter profits dropped 2.16 per cent per-on-year to Rs.6,446 crore, while revenue grew 4.3 per cent to Rs.30,541 crore. The revenue performance was in line with Street expectations, and was helped by improved business from clients but profits were ahead of analysts’ estimates aided by better margins and other income.
(BS, Oct 13, 2017)
Cyient Ltd., formerly Infotech Enterprises, has posted revenues of Rs.965.40 crore in the second quarter ended September 30, 2017, as against Rs.913.60 crore in the same quarter last year, showing a growth of 5.7 per cent.
The Hyderabad firm, which provides engineering services, registered a net profit of Rs.111.40 crore as against Rs.97.3 crore in the comparable quarter, a growth of 14.60 percent.
(Business Line, Oct 13, 2017)