EFY Expo India 2015 Day II – Key Highlights

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expoFebruary 27, Friday: After successful completion of the first day of EFY Expo India 2015, now it’s time to celebrate the success of the ESDM industry once again on the second day of the event. The 5th edition of the Expo had started on 26 February’15 with an aim to promote the electronics eco-system by bringing the entire electronics industry under one roof and to let know the latest trends in the global electronics industry as participants have arrived from countries like Japan, Korea, Taiwan, China, Germany and so on.

On the first day, the EFY Expo India 5th edition witnessed addresses from esteemed speakers like Sahasra Electronics chairman and MD Amrit Manwani, Brig. Sanjay Prasad, deputy director general (Indigenisation), DGEME, Sanjay Jain, senior general manager – operations, Emerson Network Power India Pvt Ltd, Yuvaraj.A.R., addl. general manager, CMS Division, Bharat Electronics Ltd., Paresh C. Shah, supply chain and operations leader, GE Lighting Sarabjit Singh, general manager – materials, NTL Electronics and K. Karthikeyan, senior manager – sourcing, Flextronics.

Most of the keynote speakers have put emphasis on PM Narendra Modi’s ‘Make in India’ campaign to help boost localisation of electronics manufacturing in India. The Government has also been praised for their keen support towards electronics manufacturers and the government has been asked to improvise some of their initiatives, for example setting up more electronics parks, so that electronics manufacturers can work altogether to create a more functional manufacturing eco-system in the country. But most importantly the overall mentality needs to be changed to make all the government initiatives successful and curb imports in electronics components, parts, materials and equipment.

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Small and medium enterprises are looked at as highly promising in the industry with all their support towards growth of the entire sector. But the common focus of all should remain on the quality of products as quality is something that cannot be compromised in exchange of anything. From this point of discussion, we have reached the second day of the event where we will get to know more about the latest trends in the industry and how to gain the targets to make out the best of the ESDM industry in India.

On the second day of EFY Expo India 2015, the ELCINA Buyer-Seller Zone is open that will allow large buyers to meet new vendors and drive their vendor-development initiatives. Moreover, the CEO Summit is also scheduled for the day which is a platform to bring CEOs of the ESDM industry together to share their success stories. The event is happening at Pragati Maidan, New Delhi, at Hall Nos. 7A to 7H. Timing for the second day is 10 am to 6pm and it’s open for business visitors for today as well.

Live Updates:

Buyer-Seller Zone: Stanley Black & Decker and NTL Electronics present at the moment!

CEO Summit Begins!

Subhash Goyal, ELCINA president, begins CEO Summit with his inaugural address – Key Points:

  • ELCINA and EFY are working together to take the electronics industry to the next level
  • ELCINA is almost set to launch its first cluster near Bhiwadi
  • ELCINA has put special efforts to establish cooperation between Taiwan and Indian association. ELCINA has approached associations in Taiwan for their support in the first international initiatives by ELCINA
  • Efforts need to be continued to set up simple tax design, a friendly procedure as well as affordable costs
  • Fiscal enormities can be removed with policies and regulations
  • If the regulations and government procedures are analysed properly, then India will be able to reach a new high in the international forum
  • ELCINA recommends ESDM sector should be focused the most and needs to be given the status of high-priority sector
  • ELCINA is confident about the government initiatives to help India rise high in the global competitive market and to take the ESDM industry to a new high level.

Ambassador Chung Kwang Tien, representative from Taipei Economic and Cultural Center, speaks at his keynote address during CEO Summit, “I have a confession I don’t know about this electronics stuff. But I came here to witness an arranged marriage between Taiwan hardware and India software. The marriage which has been waiting for long time. Let me rewind to 1995. We came to India much later than others. Honestly, because in the beginning we did put a lot of efforts in the U.S. and South East Asian countries. But the other countries are facing problems like law, environment etc. and India is definitely going to be the next destination for investment. You will be a very strong consumption force, you have a young work force and you have a very strategic location. This is why we came in late but very fast. I believe India do provide lot of opportunities for Taiwan. I believe this is a new chapter for the two sides to cooperate.”

Nandha Gopala Krishnan R, assistant manager – Global Sourcing Management Asia, Stanley Black & Decker, speaks at the Buyer-Seller Meet, “We look at high technical capabilities, quality system capabilities and financial strength of the company while choosing a vendor for our business. These three things give us a clear idea of whether we are getting the right vendors for the right products.”

Chief Guest RS Sharma, secretary, DeitY, Government of India, delivers his keynote address at CEO Summit – Key Points:

  • Make in India campaign targets to achieve 0 per cent import by 2020 and for the same India has to create approximately 400 billion dollar market by the same year. Presently in the 100 million market imports are estimated around 70 per cent.
  • India has a strong electronics policy and DeitY is proud for their aggressive interaction with the industry directly. This kind of continuous communication with the industry is much required to keep the policies up-to-date as every policy has a certain shelf time.
  • DeitY offers incentives without differentiating between local manufacturers and multi-nationals. If any company is ready to manufacture in India, the required facilities are provided at the best. As soon as anyone expresses interest in setting up a manufacturing unit in the country the government is ready to help them in acquiring the rightly trained manpower.
  • The policy for electronic development fund, introduced in December, aims to promote innovators. Innovation and software have to be mixed up to take out the best of them as hardware alone is not able to deliver the best.
  • Numerous financial reforms have happened of late too. Though there are certain shortcomings, the government will continue with their hard work to create a vibrant manufacturing environment in the country. The industry itself is offering solutions to the government and the government is taking up these solutions for sincere consideration.
  • If hard work is continued in a persistent and consistent manner, then India would be the next destination for manufacturing. The department will continue working with the industry closely.
  • Automation is also in high focus to make the business processes smoother. With automation, systems and machines will be able to communicate with each other and that’s the kind of infrastructure the government is looking forward to.
  • In next few years, India will rank below 100, in comparison to the present rank of 144 in the global industry.

Sahasra Electronics CMD, Amrit Manwani, delivers his speech at the CEO Summit – Key Points:

  • The NEP is built on four pillars: EMC cluster scheme; MSIPS; PMA policy and EDF
  • Back in 2013 the parameters were set to get into the electronics industry. There were 7 verticals and every vertical is said to have a threshold limit. If someone invests beyond that limit, it would be highly beneficial. At that time Sahashra Electronics submitted an application to DeitY. Though it was speculated that the process would take two years, the government acted really fast in their procedures, which is highly commendable.
  • The main requirements for DeitY are: adequate finacial resource planning, technology should be sustainable for a period of time and the technical evaluation committee should hold hands to help go through the project.
  • The government is very supportive towards MSIPs and their schemes. The government treats SMEs at par with big multinational companies. Sahasra Electronics was the only Indian SME that utilised the policy.
  • The company also submitted a proposal for a printed circuit board project. Though the government was initially hesitant about the future of the particular industry, later the government sanctioned this project too.
  • Amrit Manwani encourages his industry counterparts to go ahead with making an application and utilise the government policies.
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