 What's New
ELCINA Electronic Industries Association of India (Formerly Electronic Component Industries Association) was established in 1967 when India's Electronic industry was still in its infancy. ELCINA has always remained committed to the promotion of electronics manufacturing culture in the country focusing on components-the building blocks of electronics industry. |
- General
- Manufacturing growth set for a slowdown; RBI : According to RBI’s industrial outlook survey 2008, despite an improvement in the operating environment, performance of the manufacturing sector is expected to be lower in the April-June 2008 quarter (Q1) compared with that in the same period of 2007. The central bank says, a significantly higher proportion of respondents expected a decline in overall businesses, financial situation and exports and an increase in prices of raw materials when compared to parameters in the first quarter of 2007-08.
- Information Technology
- 3G chipmakers line-up to enter India : Even though India is yet to issue licences for mobile telecom services based on third-generation (3G) technology, major semiconductor makers are projecting that sales of 3G-enabled chips for handsets will soar globally. India and China, the world’s biggest markets for mobile handsets, are yet to allow 3G services. But chip manufacturers such as Qualcomm and NXP Semiconductors are wasting no time bringing out 3G-enabled single-chips, which are seen significantly lowering prices of the device. “The global sales of handsets which are 3G-enabled is expected to be 230 million in 2008. This is expected to spurt to 450 million units by January 2010 and will touch 680 million devices by 2012,” Qualcomm senior director of product management Mohit Bhushan said, citing data from Strategy Analytics. Qualcomm will bring out the first single chip-based handset for mobile broadband based on the HSPA protocol by the end of 2008. The company provides 3G chipsets to over 30 customers worldwide and has over 250 devices in the design and production stages.
- India's IT industry to more than double revenues by 2012 : India's information technology and IT-enabled services industry will more than double in size by 2012, led by a fast-expanding domestic market, according to a report released by IDC India on 30th April, 2008. The industry's revenues, including those from export markets, is expected to reach Rs 5.3 trillion (132 billion dollars) in 2012, from Rs 2.46 trillion last year. Two trillion rupees of that will come from a domestic market, which is growing at an average annual rate of 18.4 per cent, outpacing overall industry growth of 16.5 per cent.
- Telecom
- Airtel cuts STD rates from 30th April, 2008 : Following government’s decision to remove ADC component on domestic calls from 1st April, 2008, Bharti Airtel has announced that it will slash the STD call rates by around 43% to Rs.1.50 per minute (from Rs.2.65/minute) and the roaming charges to Re.1/minute (from Rs.1.75/minute) across all tariff plans with effect from 30th april, 2008. Close on the heels of Airtel’s tariff-cut, Reliance Communications has also announced an un-precedented customer benefit-unlimited free STD calls. The scheme will be available across all existing and new Reliance Mobile customers across post-paid, pre-paid and Hellow fixed wireless phone customers.
- Motorola plans handset facility near Chennai : US major Motorola is set to unveil a key manufacturing facility in the suburbs of Chennai in the next few days, making it the second MNC after Nokia to make significant investments in manufacturing in India. According to industry sources, the facility, which will eventually be spread over 450 acres or more, is coming up close to Nokia’s handset manufacturing unit in Sriperumbdur. This is significantly larger than Nokia’s facility, which reportedly covers an area of just 211 acres.
- Consumer
- TV prices may soar 12% on new anti-dumping duty on CPT : According to a statement by CEAMA, prices of colour televisions could rise as much as 12% as a result of the government’s decision to levy an anti-dumping duty on imports of Colour Picture Tubes from China, Malaysia, Korea and Thailand. The TV manufacturers have strongly opposed this decision, as it will adversely impact their manufacturing cost. The CTV market in India is estimated to touch 12.5 million units this year, with over 70% of the market volume expected to be contributed by flat TVs. With consumer preference shifting towards flatter displays, the market for slim/ultra-slim TVs is expected to be 0.9 to 1.0 million units this year. The domestic market for CPTs grew 44% from a level of 10.6 million in 2005-06 to 15.3 million units in 2006-07. However, CEAMA has reported that the production capacity of domestic CPT manufacturers remains insufficient to meet the growing demand of the industry.
- Videocon Industries Q2 net up 8% : Videocon Industries has posted 16.76% rise in net sales for the second quarter ended March 2008, at Rs.2514 crore compared with Rs.2,182 crore in the corresponding period last year. The company registered a net profit of Rs.251 crore for the quarter under review, up 8% compared with Rs.231.43 crore for the previous corresponding quarter. During the period, Videocon’s consumer electronics business grew by 13% to Rs.2,061 crore.
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