SunTrac Collaborates with India’s Perfect Infraengineers

SunTrac Solar Manufacturing LLC., a Wyoming limited liability company with its office in Tempe, AZ, entered into a collaboration with Mumbai, India-based Perfect Infraengineers.

Perfect Infra now has the license to manufacture SunTrac’s hybrid thermal systems, a proprietary technology, that integrates with heating, ventilation and air-conditioning, and refrigeration devices reducing compressor electricity consumption by up to 40%. Perfect Infra will also market and distribute these products under the ‘Perfect-SunTrac’ name.

These panels work on cloudy days, as long as the light available can cast a shadow, with visible light and invisible  ultraviolet-A and ultraviole-B rays. Perfect will provide ready-to-install systems with solar collectors and the necessary smart controls.

SunTrac Hybrid Thermal Systems

SunTrac Hybrid Thermal Systems

Perfect Infraengineers chairman and managing director Nimesh Mehta said that his company will fulfill SunTrac’s global order flow from the Middle East/North Africa regions, Australia and Asia, reports BusinessLine.

August 28, 2017   No Comments

Margins, Market Shares Rise at Indian Telcos

A research report by UBS Securities shows that there is a strong correlation between margins and revenue market share of telecom operators in India and indeed, in all of Asia. In India, the UBS research focused on the top three telecom operators in India in terms of revenue: Bharti Airtel, Idea Cellular and Vodafone India, and the figures are per the table below:

Telecom Operators Revenue Market Share EBITDA Margin
Bharti Airtel 30.3 percent 38.9 percent
Vodafone India 21.3 percent 31.1 percent
Idea Cellular 19.4 percent 27.8 percent

Telecom Lead says the report indicates that the merger between Vodafone India and Idea Cellular will increase EBITDA margins for both operators.

This correlation is also seen across telecom operators in the Philippines, Indonesia, South Korea, Thailand and Australia.

Telecommunication Tower

May 7, 2017   No Comments

Australia Readies Uranium Supply for India

At a joint news conference in New Delhi with visiting Australian Prime Minister Malcolm Turnbull, and Prime Minister Narendra Modi, Turnbull said Australia was looking forward to the first export of Australian uranium to India as soon as possible. “We have worked closely with India to meet our respective requirements for the provision of fuel for India’s civil nuclear program,” he said. “Now we are working with India to secure timely conclusion of a quality Regional Comprehensive Economic Partnership, which would provide a significant boost to regional confidence,” he added.

Indian Prime Minister Modi said that cooperation between the two countries in the energy sector, including renewable energy, was on the upswing.

Turnbull and Modi at Akshardham Temple

The two leaders inaugurated a research center on nano and bio technology. At the event, Modi said that the Australia-India Research Fund of nearly $100 million “has focused on collaborative research projects in the areas such as nano-technology, smart cities, infrastructure, agriculture and disease control.”

April 20, 2017   No Comments

Infrastructure Investments up 17 Percent in India

According to data from Mumbai, India-based investment bank Equirus Capital, India’s  infrastructure sector raised a total of $3.49 billion across 33 transactions in Fiscal Year 2017  compared with $2.98 billion raised in 31 transactions in 2016, an increase of over 17 percent.

The data also showed that the majority of private market transactions in the fiscal ending March 31 were led by the power, roads and renewables sectors and, within those, about 88% of the transactions were through mergers and acquisitions; the remaining 12% were through private equity investments.

Power pylons

Livemint reports that funds such as U.S.-based I Squared Capital, Indian asset manager IDFC Alternatives’ infrastructure fund, Canada’s Brookfield Asset Management, Australia’s Macquarie Group, and the Canada Pension Plan Investment Board (CPPIB) and Caisse de Depot et Placement du Quebec (CDPQ) have committed large investments in the sector and are looking to buy assets across roads, thermal power, and renewable energy to build their own portfolio in India.

 

April 8, 2017   No Comments

Telstra’s Captive Center in India Aligns with Global Trends

Melbourne, Australia-based telecom major Telstra is  setting up a captive offshore center within India’s information technology consulting company, Infosys, Telstra’s largest technology vendor in the country. Pareekh Jain, research vice-president (engineering services) at Massachusetts-based HfS Research says, “We cannot call this a trend yet, but we’re observing that many companies are getting or planning to get their work back in-house.”

Analytics

Global in-house centers, or captives, operate in India across all service lines —  IT services, BPM, engineering services, and product development. The country has about 1,050 captives which contribute 22% of India’s $108-billion software and business process management exports, while employing 790,000 professionals. ‘These are playing a diversified role for global enterprises and are viewed as cost centers, centers of excellence, program management offices and an innovation hotbed for emerging markets,” industry body NASSCOM said.

Analysts say that global firms are struggling in their shift to adapt newer technologies and business models and look at working on smaller models in closed units before they implement across organizations, reports Business Standard.

 

Jain added, “Customers are facing tremendous disruption in their core industries with the new-age companies and would like to have some technology capability in-house, especially in newer areas such as digital, which can help them navigate digital disruption. India is becoming a hotspot for talent in newer technologies for the same reason the country was popular for traditional IT services.”

 

 

December 26, 2016   No Comments