Category — Information Technology
India’s Software and Hardware Representative Bodies Partner to Support the ‘Digital India’ Initiative
The partnership between the National Association of Software and Services Companies and the India Electronics and Semiconductor Association is aimed at making India a leading player in the IT and the Electronic System Design and Manufacturing industry over the next decade. With electronics, computing and communication paradigms shifting to the new Internet of Things, hardware, software and services have converged.
The Times of India reports that the $120-billion IT industry is a global leader in building and delivering software and IT services and contributes 9 percent to the country’s GDP, while the electronic system design manufacturing market is projected to grow to $94 billion this year from $76 billion in 2013. Since technology innovation requires electronics, computing and communications to converge and deliver a holistic solution to meet the industry demand, this partnership will drive the Vision 2025 initiative to enable hardware and software to jointly contribute 25 percent to the GDP.
“The partnership will enable us to draw a common agenda to guide the industry and the government, frame policies and build an ecosystem for developing Electronic System Design and Manufacturing (hardware) and IT (software) products, solutions and brands,” said the chairman of India Electronics and Semiconductor Association, Vinay Shenoy.
June 18, 2015 No Comments
Feeling positive about the government’s Make in India initiative, French engineering and transport company Alstom of France will double its business in the country to almost $1billion in the next three years.
“We love doing business in India. We are finding good business environment in India. We are looking at doubling the order book in the next three to four years,” Alstom (Transport) President Henri Poupart-Lafarge told The Economic Times. Alstom will bid for projects in the urban transport sector which is expected to witness rapid growth and it will hire about 250 engineers every year for the next four years depending on the growth in business, he added.
The company is expanding its manufacturing facility in Chennai and opening a new factory for building traction systems in Coimbatore this year – both these cities are located in the south eastern state of Tamil Nadu. It says it will also supply the German market from India.
Alstom notes that India is the only country where it has a complete supply chain from design to manufacturing sourced locally, and that it expects growth from the dedicated freight corridor, the largest railway infrastructure project currently in the country creating a freight quadrilateral across India.
In India, the company runs the Train Information Systems for the Delhi, Bangalore, Jaipur and Kochi local train systems, and it has provided the initial coaches and the technology for the LHB (lightweight all-metal) coaches used on the country’s high speed Rajdhani and Shatabdi trains.
June 18, 2015 No Comments
The Supercomputing Education and Research Center at the Indian Institute of Science (IISc) in Bangalore, India has acquired a new Cray XC40 supercomputer with Intel Xeon processors, Intel Xeon Phi coprocessors and NVIDIA Tesla GPU accelerators. Christened “SahasraT” this supercomputer has more than 1.4 petaflops of computing performance, and is the first petaflop system in India, reports CNN Money.
The Supercomputing Education and Research Center is the country’s prestigious computing center catering to the ever-increasing demands of high performance computing for scientific and engineering research in India, and is actively involved in research projects and consultancy in collaboration with government agencies and private companies.
“The IISc is India’s premier institution for advanced scientific and technological research and education, and we are honored that a Cray XC40 supercomputer is the Center’s primary computing resource for the IISc user community. Our customer base in India continues to grow, and we look forward to our new partnership with the IISc and its researchers and engineers,” said Nick Gorga, Cray’s vice president of sales, Asia Pacific.
June 5, 2015 No Comments
Internet Multinational Companies are growing fast in India. Last month, Google announced the setting up of its largest campus outside the U.S., in Hyderabad, India. The 2 million square feet facility — the first company owned premises in Asia — is expected to house 13,000 employees when it’s ready in 2019. Google started its India office with five people and now has more than 2,000 staff across Mumbai, Gurgaon, Hyderabad, and Bangalore.
“India is very important now from twin perspectives: talent and market. We did our Android One global launch in India (in 2014) besides launching other products,” says Rajan Anandan, managing director, Google India.
The growing internet user base is the most important reason for internet companies to expand in India’s market. Television reaches 600 million people. The internet has 300 million users. By 2020, Google expects 600 million online users with online videos being accessed by 500 million people. “It will be a different story then, not only for Google but for all companies,” says Anandan. “Growth is a function of how fast GDP grows. If GDP is 6% the market for internet companies could grow by 12%,” he adds.
Amazon which has been in India since 2004, announced setting up its 11th and largest fulfillment center in India on the outskirts of Hyderabad. “We are planting seeds for the future. India has been mentioned in the shareholder letter by Jeff (Jeff Bezos, founder-CEO, Amazon) and that’s big,” says Amit Agarwal, vice president & country manager, Amazon India. Last year, when Bezos was here, he also announced a $2 billion investment push in India.
The Economic Times reports that in 2013 Amazon entered India as a marketplace, and now boasts of a catalog of 22 million products with India being its fastest market to do $1 billion in sales. Amazon operates all its businesses in India: the marketplace Amazon.in, B2B business, Kindle devices and e-book store, and Amazon Web Services, the cloud offering.
June 5, 2015 No Comments
The Indian industry association, FICCI in association with the Embassy of India in Berlin and the support of German Embassy in New Delhi organized a panel discussion on “Unleashing opportunities: Indo-German High-Technology Manufacturing” in New Delhi, reports Merinews.
The discussions identified the following sectors to be the most appropriate in the Indo-German context: electronic system design and manufacturing, photonics, IT, automotive, civil aviation and airports, transportation infrastructure, water, renewable energy, heavy engineering, biotechnology, pharmaceuticals, space and defense manufacturing.
A FICCI study reports that
• German companies are favorably inclined to invest in the Indian high-tech market
• India is regarded to be the highest performing country among the BRIC markets
• There is market readiness in India for high-tech products
• India has strong IT and space sector capabilities which will be advantageous for German companies
• Recent Government of India initiatives in FDI, ease of doing business, and infrastructure can significantly impact the business environment in high-tech sectors
Dr. Corinna Fricke, Minister Counselor, head of the economic and commercial division, Embassy of the Federal Republic of Germany, India, said in a statement that an industry delegation would visit India in November 2015, and that the bilateral relations between India and Germany had deepened and there was huge scope for cooperation for the two countries.
June 3, 2015 No Comments