Thursday, March 30, 2017
CEOs Celebrate the Success of ESDM Industry in India at EFY Expo 2015
  SocialTwist Tell-a-Friend  

NEW DELHI, February 27, 2015 /PRNewswire/ --

India's Sahara and Taiwan's Infomax Sign an Agreement to Manufacture Industrial Mobile Phones in India

Day 2 at EFY Expo 2015 started with the ELCINA CEO Summit. Guests from the industry shared their views on the success of the present ESDM industry in India.

Inaugural Session

Mr. Subhash Goel, President of ELCINA,  started the session with his welcome address. He said that through EFY Expo the two largest promoters of the electronics industry - ELCINA and EFY, are working together to take electronics industry to the next level. As one of the important announcements made at the expo, he announced that ELCINA is very close to launch their first manufacturing cluster near Bhiwadi. He also announced that ELCINA has put in special efforts to improve the relationship between Taiwan and India in terms of the electronics industy. "ELCINA has approached various associations in Taiwan for their participation and support in the first international attempt of ELCINA," he added.

He concluded saying, "Government has taken many initiatives and I am sure all these initiatives will lead India to create a competitive vibe on the globe and will also take the industry to a new level."

Mr. Rohit Markan, Sales Director - India, Dow Corning India shared, "Electronics market is going to become a $100 billion to $350 billion market in 2018, but the key question today is, what will be the clear application for the future?"

"As we analyse market there are three market drivers - Form & functions, connectivity and optimization between cost and value," he said.

He concluded saying, "Silicons can be the next thing in the industry for reliability, flexibility, thermal management, optical clarity. We are really excited for the growth of industry. Working together we will be enabling tomorrow's technologies."

Ambassador Mr. Chung Kuwang Tien, representative, Taipei Economic and Cultural Center said, "I came here to witness an arranged marriage between Taiwan hardware and India software. The marriage which has been waiting from a long time. Let me rewind to 1995 when we first came to India, it was much later than others. In the beginning we were putting in a lot of efforts in US and South East Asian countries, where we now stand amongst the biggest investors. But the other countries are facing problems like laws, environment etc. and India is definitely going to be the next destination for investment. India will be a very strong consumption force. India has a young work force and has a very strategic location. This is why we came in late but came in very fast."

"I believe India does provide a lot of opportunities for Taiwan. I believe this is a new chapter for the two sides to cooperate," he concluded.

Chief Guest Mr. R S Sharma, Secretary, DeitY, Govt. of India, said, "One of the important goals of 'Made in India' is that we should have zero import in electronics by 2020 and we want approx 400 billion dollar market by 2020."

"In today's 100 billion market we import 70% of electronics and to stop this import, the country has no option but to think of 'Making in India'. We are proud that in DeitY we take a very aggressive discussion with the industry before making any policy, which is why our policies do not face criticism. We do agree every policy has a shelf time which is why we keep on interacting with the industry to update it from time to time," he said.

"I agree that there are certain disabilities, but we will continue to work with you to help you so that we are able to create a vibrant manufacturing environment in the country. We are coming up with innovative solutions which are solutions from the industry itself. India is the next destination for manufacturing but we need to work hard in persistent and consistent manner and be assured the department will continue to work with industry to work to achieve the result of zero import by 2020," he concluded.

In the thank you note, Mr. Vikram Desai, Vice President of ELCINA,  said, "EFY has done an excellent job in bringing the industry together." He also thanked the Govt. of MP for being their state partners and acknowledged the support of sponsors and delegates, hoping they would stay on for the events to follow as well.

India's Sahasra Electronics & Taiwan's Infomax Communication, the arranged marriage

After the fist session, Informax Communication - Taiwan and Sahasra Electronics - India, signed an agreement to manufacture industrial mobile phones in India. Sahasra will be manufacturing these in their Noida plant. The two companies also showcased the first samples of the phone after the agreement.

Mr. Amrit Marwani, CMD Sahasra said, "After Made in India announcement Infomax invited Sahsara to look at their plants in Taiwan and the story concludes today as this agreement. We believe that these industrial mobiles will have a potential scope in India."

These industrial mobile phones will be capable of becoming a seamless wi-fi and a walkie-talkie for no network areas like mines.

Session 2 - Make in India and MSIPS & EMC success stories

The session two started with Mr. M Selvendran, MD, Madhya Pradesh State Electronic Development Corporation Ltd. He shared, "When Government of India saw the dream of zero import by 2020, we thought why not to make use of this opportunity. Madhya Pradesh is a state that has a surplus in power i.e. uninterrupted power 24/7/365. Our labour laws have been revamped extensively in 2014 October and MP is a state that has never witnessed industrial unrest."

"With no surprise inspections, single return to be filed, law that states women can work in night shifts, MP is definitely one of the best places to set up a manufacturing unit. Our state has one of the best manpower with Indore being an educational hub and more than 40 engineering colleges at board. We have IIIT, IIM and IIT and cost of Human Resource is also competitive," he added.

Mr. Selvendran concluded saying, "We are planning a PCB cluster in Gwalior that can be allocated to anyone who wants to come, and two electronics clusters of 40 acres in Bhopal and 50 acres in Jabalpur are still under process so he invited companies to join the clusters. Everything starts with an idea and we look forward for your support. We have the best of India and we are willing to go the extra mile to modify our policies and rules."

Mr. Amrit Manvani, CMD, Sahasra Electronics said that there are 4 pillars of National Electronics Policy, which are -  EMC cluster scheme, MSIPS, PMA policy and EDF.

"In early 2013 these parameters were defined and they motivated the aspiring groups to get into electronics. Policy said that there were 7 verticals and every vertical had a threshold limit. If you invest beyond this, you get certain benefits. We took advantage of the scheme and submitted an application for the same to DeitY. We thought it will take at least 2 years to process but we were surprised they took it quickly, which is remarkable by any government department," he said.

"The points that DeitY looks for are: Adequate financial resource plan and state-of-art setup, so that the technology is sustainable for a period of time. DeitY guides you through the process and technical evaluation committee holds your hand to help you go through the project. Good news for MSIPs schemes is that the government is very supportive. SMEs are treated at par with big multinationals and Sahasra was the only Indian SME to make use of this policy," he added.

"I encourage my friends from industry to go ahead, make an application and make use of the government policies," Mr. Amrit concluded.

Mr. Vinod Sharma, MD, Deki Electronics & Director ELCINA Electronics manufacturing cluster, said, "At the moment India's per capita electronics consumption is 50 to 60 dollars, whereas internationally it's 200 to 300 dollars. The democracy and demographics are two benefits of India. The challenges that India has are the 3 Cs: Cost - cost of energy, finance and transaction is expensive. Corruption - Let's face it inspite of what Mr. Modi has been telling us, corruption is there. There are inspectors who are still here with as bad intentions. I am hopeful this will change in a few years to come in some of the states and I think it's time to become mobile and shift to better states. Complexity - It's always good to join hands with an Indian company and that marriage is the only way to work in India's complex ecosystem."

In an interesting calculation Mr. Vinod shared that companies usually ignore Indian competent manufacturers considering their higher cost as compared to Chinese manufacturers but in reality, the longevity of Indian components is at least 12.5% higher. Plus your transport bills and taxes will make Indian components much cheaper.

He concluded saying, "In three years from now, if you are ready to pay 5 to 7% more to Indian component manufactures, we can stand together as a strong industry."

Mr. Praveen Gupta, Director, NTL Electronics, said, "It's important for all of us to know that we should try to build organisations that can sustainably grow." He shared the story of NDL saying, "We started with communication business and when we entered with our first component we had 17 manufacturers in the industry. After a few years there were just 3 companies left and we were one of them. Our USP was not the design as designs can be duplicated, so we invested in our internal system. NDL was first to move in LED space."

"But something that I share at every platform is that we need to build the organisation. While the specially engineered products is our USP, our organisation quality is what we believe in i.e. we have some core values, business ethics, HR process."

"We have taken a target which is given to our supply chain, that our current 75% of imported components, need to be taken down to at least 40% in next 2 years and we are urgently looking for local suppliers," he concluded.

Sasikumar Gendham, Director, Salcomp Manufacturing, said, "Salcomp is today globally #3 in all external adapters and chargers ranked by net sales. The company is active in the $10B external adapter and charger market. It has global network of sales offices and manufacturing capacity of 520 Mpcs/a."

He shared, "We came to India for Nokia as we were supplying to them globally and we did our set up in Chennai. 90% of our employees are women. We have produced about 500 million chargers by 2015, which is half of the population of the world. We are also looking to expand and export, and we are very close to that."

"Currently our biggest supplier is China, but we want to localize the procedure, and industry in India has a golden opportunity for this. A conclusion of one of the major case studies in our company says that India is one of the best spaces to get into the manufacturing industry."

About EFY Expo

The Electronics For You Expo,   organized by EFY Group,  is a unique electronics event that focuses not only on "components" and "manufacturing equipments", but on the entire ecosystem of electronics in India. To build a comprehensive platform for the electronics industry, the EFY Expo puts together everything that an electronics event should provide-from innovation (new technology) and product design, to manufacturing and product sales.

Visitors at this expo range from innovators and design engineers, to manufacturers and B2B buyers. Over the past 43 years, the EFY Group has become synonymous with the cutting-edge technology. Today, this renowned media group is spread across 8 locations catering to the intellectual needs of a diverse readership across India and abroad.

Media Contact:
Atithya Amaresh
EFY Group

More News by PR Newswire India

The Ferrero Group Announces New Governance Set up to Strengthen Global Position

New #LaughAtDeath Campaign Attempts to Make Indians Accept Death

Hikvision showcases Smart innovations, products and technologies for reliable solutions - at Secutech India 2017

FICCI-Avalon Releases Knowledge Paper on the Future of Travel, Tourism and Hospitality Industry of India

A Clear Growth Path is Critical to Hiring Top Talent: TimesJobs Study

New milestones confirm IELTS as the world's leading test of English for international migration and higher education

The Mikey Czech Foundation Contributes $1 Million To DIPG Research At Dana-Farber Cancer Institute

Maruti Suzuki Autocar Young Driver of the Year 2016 Announced

Calling the World's Top Bartenders: elit® Ultra-Luxury Vodka on the Search for Martini Visionaries

Yet Another Mercurial Success for Radiance Realty

Meet With the World's Top University at the International Students Education Fair

World Platinum Investment Council Supports London and Paris on Independent Road-testing Initiative

Montblanc Announces Cricketer AB de Villiers as Brand Ambassador

ResellerClub Launches WordPress Hosting With Managed Services

The Office of HH Karmapa: His Holiness Marries in Private Ceremony

Pluralsight Announces Pluralsight LIVE

Indo-Fiji Cultural Forum Inaugurated at ICMEI

Icertis Secures â‚ą175 Crore in Series C Funding

Sumanto Chattopadhyay, ECD, South Asia, Ogilvy Mumbai Believes That Collaborative Learning is the way to go

Former Dean of Columbia School of Journalism Appointed as Founding Dean of the Jindal School of Journalism & Communication

Second G2A Deal to Launch on March 30th

Jigsaw Academy and University of Chicago Launch Integrated Program in Data Science and Machine Learning to Upskill India's Tech Workforce

Infrastructure-as-a-Service: European Data Centres' Migration to the Cloud Fuels New Investments

Average Salaries of Analytics Professionals in India Increased by 22% Since Last Year: A Study by Analytics India Magazine and AnalytixLabs

TechnipFMC Wins Onshore Contract in Ghana Leveraging Sustainable Presence in the Country

Frost & Sullivan announces #FrostTalk Twitter Chat on Disruptive Technologies to Combat Depression

HEC Paris Launches Groundbreaking Online Master's in Innovation & Entrepreneurship on Coursera

1.6 Million Consumers in India Can Now Pay Their Electricity Bills With Their Phone Thanks to BSES Yamuna Power Limited and MoneyOnMobile

Get Rid of Baldness by Using Beard Hair on Scalp

Tens of Thousands of Orthodox Jews Protest Israel's Military Draft Law

UiPath Establishes Japan Entity, Further Expanding Presence in Asia

OutSystems Recognized as a Mobile Low-Code Development Platform Leader

Gartex 2017 to Accelerate Technological Advances in Garment & Textile Manufacturing Industry

GENEWIZ To Launch Single-Cell RNA-Seq Services At AACR

BORGWARD BX5 Celebrates Its Market Launch in China

Qatar Investment Authority to Sell 40 pct of Santander Brasil Stake

Measure Pinterest's Promoted App Pins with Kochava

Frost & Sullivan Lauds ClearFlow's ACT® Technology as a Transformational Force in Post-operative Cardiothoracic Surgery Protocols

Top Companies Spend 63% More Time Evaluating the Effectiveness of Their Recruitment Process, According to Allegis Group's Global Talent Advisory Survey

New Agricultural Technologies Address Need to Improve Yields and Deal with Erratic Climate Conditions

Palantir Solutions and Caesar Systems/PetroVR have Entered into a Merger Agreement to Create the Global Leader in Oil and Gas Planning Software

Frost & Sullivan Applauds Ixia for Developing CloudStorm™, a Remarkable Multi-Tb Application and Network Security Test Solution

Hyperloop One Shares Transformative Vision for the Future of Manufacturing

Rapid Growth of the Southeast Asian Integrated Facilities Management Market Attracts Investments from Global Players

Cision State of the Media Report Highlights Journalism's Credibility Crisis

IMT Ghaziabad Students Celebrate 'Joy of Contribution' on I'M The Change Day

Problem Shooting and Content Sharing, SHAREit's Global Users Surpass One Billion

Mother's Day 2017 With Love From THOMAS SABO

More Innovations Come to World Cyber Arena in 2017

Indian Entrepreneurs Compete in the Inclusion Plus Final Round

Strategy Analytics: Global IoT Cellular Connections to break through 2.4 Billion in 2025

LEAP Skills Academy Launches RPL Program for Tourism and Hospitality Sector Under Aegis of Ministry of Skill Development and Entrepreneurship, and NSDC

SmartCard Marketing Sys Inc (OTC: SMKG) & Clear Technologies sign partnership to launch End2End Wireless EMV MPOS & EPOS Solutions, Mobile Wallet , Gift Cards and Fintech Initiatives for the Indian Market

Crystal Logistic Receives First Round of Funding From Neev Fund

Photo Exhibition hosted on Christian Atrocities in Pakistan in Geneva - European Organization for Pakistani Minorities

AAFT Celebrated the 93rd Edition of Short Film Festival

GENBAND's New Kandy Business SIP Trunk Solution Allows Service Providers & System Integrators to Reduce Operational Complexities for Businesses while Growing Revenues

GENBAND and Vodafone Fiji Deliver Unified Communications (UC) over Satellite to Pacific Nations

Kandy Revolutionizes Application Integration for Unified Communications (UC) Clients in Industry First

Phoenix Venture Partners LLC Raises 2nd Fund, PVP II LP

Frost & Sullivan Identifies the 2017 Global Blockchain Startup Map

Passionate About a Career in Media - PSMEM Will Assist With Placements Too

ICIS Enhances European Gas Benchmarks with Launch of US Dollar Contracts

Media & Entertainment Industry Globally Stands at USD 1.53 Trillion Currently and Expected to Reach USD 2.13 Trillion by 2021: Says Zinnov

RoofandFloor Appoints Cognizant Vice Chairman Lakshmi Narayanan as an Independent Director on the Board

World Champion Pizzaiolo, Chef Pasqualino Barbasso, at Celini

HNA General Aviation Investment Group Debuts at Boao Forum for Asia Annual Conference 2017

Fiasp®▼, a new, ultra-fast acting mealtime insulin is available for the treatment of diabetes in adults has Brought Back 3800-year-old Babylonian Secret With the Launch of Wealth Doctor

Air China's 2017 summer/autumn schedule released; hub-based network layout shored up

Heritage Girls School Welcomes International Students at Campus

Frost & Sullivan to Honour Innovation and Excellence across all Industries in the Middle East

Frederic Lafargue Wins Photo of the Year 2017 at Anadolu Agency's 3rd Istanbul Photo Awards

GM Signs Landmark Three Year Wage Agreement at Talegaon Plant

Thane: Local goon nabbed for attacking d...
Parliament discusses GST, Finance Bill, ...
West Bengal: Police arrests three with i...
Sanskrit Board will teach students about...
India remains engaged with NSG over seek...
Congress never politicises issues relate...
 Top Stories
Colombia's Congress approves police... 
Thinning Arctic sea ice lets in lig... 
Ivanka Trump becomes unpaid White H... 
Iraqi forces battle to Mosul mosque... 
Israel says to cut another 2 mln d... 
Trump administration pursuing sale ... 
Republicans mostly blame Congress f... 
Suicide truck bomb kills at least 1... 
Weather in Delhi