Category — Electronic

Reliance India Offers a 4G JioPhone for “Free”

India’s Reliance Industries‘ chairman Mukesh Ambani launched the 4G-enabled feature phone, the JioPhone at the company’s annual general meeting. This mobile phone is free for 3 years with a refundable deposit of $23.

4G VoLTE-enabled JioPhone

 

India.com reports that the 4G VoLTE-enabled JioPhone is packed with features such as:

  • Unlimited voice, data, and texts for a data plan of $2.50 per month
  • Support for all languages
  • It is pre-loaded with Jio apps, a flashlight, an expandable SD card slot, a headphone jack, microphone, speaker and 4-way navigation
  • An intelligent voice assistant command option that can help users make calls, use Jio apps, search the web, and more
  • It includes an SOS feature and also supports FM Radio
  • Its “Jio Phone TV-Cable” can be connected with any television, not just smart TV

The move by Reliance can prove to be the next disruptor in India’s telecom market.

 

July 21, 2017   No Comments

Diebold Nixdorf Targets over 30 percent Revenue Growth in India

With 49 percent market share in the ATM segment, and a presence in 4,000 Tier I cities in India, Ohio-based Diebold Nixdorf plans to shift its focus to Tier 2 and Tier 3 cities. This is part of its strategy to grow its retail business in India the company’s managing director S. Asia, and vice-president, operations, Asia-Pacific, Jaivinder Singh Gill, told BusinessLine. “We have started work [entering Tier 2 and Tier 3 cities]. We should get returns in 2018-19. We need different solutions and products for that market,” he said.

Diebold Nixdorf PoS machine

Gill sees ample opportunities to grow the retail (ePoS) side of the business in India. The target is to grow retail revenues by 30-40 per cent this fiscal, he said. The company will also look to manufacture ePoS machines under the ‘Make in India’ program, Gill added.

 

June 16, 2017   No Comments

India Aspires to Sell Only Electric Cars by 2030

A Government of India-led initiative – the National Electric Mobility Mission Plan – targets annual sales of 6-7 million EV/Hybrid vehicles by 2020. The government hopes that by 2030, all vehicles sold in India will be electric-powered says a blog post from India Energy.

Speaking on “Changing Energy Economics and India” at New Delhi, India’s minister for energy, Piyush Goyal, said that the country will help facilitate the electric car effort by offering subsidies for a couple of years. “After that,” he said, “the cost of electric vehicles will start paying for themselves,” reports CNN.

Elon Musk tweeted: India commits to sell only electric cars by 2030. It is already the largest market for solar power. https://t.co/EGBNTPzmE5 — Elon Musk (@elonmusk) June 1, 2017

India’s government is pushing to expand its solar energy capacity.

Modi tweeted: Paris Agreement reflects our duty towards protecting the Earth and our natural resources. For us, this is an article of faith: PM pic.twitter.com/8cnSqClBPf — PMO India (@PMOIndia) June 3, 2017

India Energy Logo

June 12, 2017   No Comments

Samsung to Expand in India with $760 Million Investment

Samsung announced an investment of $763 million in India to expand its plant at Noida in the northern state of Uttar Pradesh, where it manufactures smartphones, refrigerators, and TVs.

Android Authority reports that the company added an additional 35 acres of land adjacent to the current facility to double the production capacity of both mobile phones and refrigerators. The new site was inaugurated with a ground-breaking ceremony and traditional puja (prayer) in the presence of officials from the Indian government along with JK Shin, CEO, Samsung Electronics Co. Ltd. and HC Hong, President & CEO, Samsung Southwest Asia.

Ground breaking of new Samsung Facility

Hong said, “This new investment is a testament to our continuing commitment to ‘Make in India’ and to Uttar Pradesh, which has been our partner right from the day Samsung’s journey in India began.”

Once the factory is fully operational, it will be able to produce approximately 10 million smartphones every month. Samsung in India is set to make Noida the manufacturing hub and also starting exporting from the plant to U.S.A., and Europe by 2020.

 

June 12, 2017   No Comments

Johnson Controls and Hitachi to Set Up Export Hub in India

Wisconsin-based Johnson Controls and Hitachi Airconditioning India Ltd., will develop and manufacture air-conditioners in its plant near Ahmedabad, Gujarat, for sale in the Middle-East and Southeast Asia.

Global CEO Franz Cerwinka said, “We also want to expand our manufacturing to export out of India. The Indian operations contribute  12 percent to our global revenue. India has the potential to become one of the top three markets for the company since there is a lot of pent-up demand which will be generated in the mid-to-long term.”

JCI Hitachi

Johnson Controls-Hitachi Air Conditioning India reported that in 2016 sales grew 20 percent to $301 million from the previous year. Profit climbed 62 percent to $12.4 million (Rs 81crore.) the Economic Times reports.

June 8, 2017   No Comments