Good news for Manufacturing sector (specially Electronics): Recent Initiatives: Make in India

1)      Dutch Telecom Major SCARLET (internet service & telephony provider) is Establishing factory in Greater Noida in200 Acres of Land.

2)      Currently there is no electronic chip manufacturing or semiconductor wafer fabrication plant ( FAB units) in India and 100% of domestic electronics requirement is met through imports. Electronics cluster, a consortium of electronics manufacturing companies & their ancillary services is being set up at 210 acres land in Greater Noida & YEIDA. A total of 22 manufacturing units will be set up & will create 2 Lakh jobs.

3)      FOXCONN INTERNATIONAL HOLDINGS, Taiwan tying up with Adani for electronics manufacturing in 4 states in India (KAR, AP, MAH, GUJ), setting up 10-12 facilities by 2020 to manufacture phones tablets Tvs. Work has already started in Sri city AP to turn out 10000 phones per day for Xiomi.  Foxconn makes phones for number of global brands including apple, Motorola, Huawei, Blackberry &sony. An estimated 5 Billion Dollar investment

4)      Jaypee& IBM setting up chip manufacturing facility in Greater Noida. HSCL, ST Micro Electronics Ltd setting up second chip manufacturing facility in Gandhinagar Gujarat. Both these units will come up with an investment of 70000 Cr, expected to generated 20 Lakh direct or indirect jobs.

5)      Sony is set to make in India, its products will be contract-manufactured by Foxconn at its upcoming facilities in India. Currently Sony sells electronics in India, imports from its plants in Thailand, China, Malaysia, Japan. Local manufacturing will be cheaper by 11%.

6)      Motorola is setting up manufacturing facility in Chennai. This will be their third manufacturing location for the company after China & Brazil.

7)      Iphone makerFoxconn investing 5 BD in Maharashtra, signed an MOU with Mahgovt for semiconductor manufacturing facility at Talegaon near Pune. Will generate 50K jobs.

8)      General Motors US Automotive giant investing 1BD in automobiles factory near Pune Mah.

9)      Xiaomi ties up with Foxconn to make in India. Rolls out first phone from AP unit.

10)   Posco setting up 1^st steel plant in India. Ties up with Uttam Galva of Miglani group with an investment of 3 bd.  This scale up activity will be 30000 crinvestment.

11)   Adani&Foxconn (Taiwan), Softbank (Japan) tying up for 3 Giga watt Solar cell project in Gujarat with 3 BD investment. Foxconn (Taiwan), Softbank (Japan) &Bharti enterprises has already pledged 20 BD investment in india for solar energy.

12)   Lava starting Mobile manufacturing unit in Yamuna Expressway at 100 acre land. 2000 crinvestment, will create jobs for thousands will manufacture Lava &Xolo brands.

13)   LED Lighting product majorEon Electric Limited is setting up 100 acre LED manufacturing plant in Yamuna expressway in  sect0r 24 &37 with an investment of 2000 cr.

14)   Ericsson telecom equipment maker investing 1250 cr in setting up second manufacturing unit near Pune.

15)   Taiwanese Technology companyAU Optronics corporation and its India partner Twin Star technology ( Vedanta group) investing 6000 Cr, 170 acre land for an LCD Panel manufacturing plant in Noida. In total company investing 40000 cr in manufacturing LCD TVs, solar panels, and mobile displays.

16)   One Plus chines smartphone maker is partnering with Foxconn to make phones in Sri city AP. Will create 1000+ jobs.

17)   MarutiSUZUKI  going to make India exclusive global hub for manufacturing  byExporting the premium compact car BALENO from INDIA to JAPAN  and 100 countries including west Europe.Baleno is placed above SWIFT and will be in global market of ITALY,FRANCE, GERMANY, NETHERLAND, BELGIUM,DENMARK,SPAIN etc.  CHILE and PARAGUAY will do model development in south America.

18)   SANY GROUP &CHINT GROUP the two Chinese are investing around 5 billion dollar in Heavy machineries &renewable energy sector ,will create 1000+ jobs.Sany group has committed to invest 3 billion in next 3 years  in wind turbines and Chint will invest 2 billion in solar projects. Sany have already entered india in 2002 with 269 employees in its firm at Chakan and Pune which deals in construction of cranes and concrete machinery.

19)   The Indian ESDM (electronics system design and manufacturing) industry imports are third largest next to OIL and gold and is going toexceed  OIL imports by 2020.

20)   According to national policy on electronics 2012 the Government of India has planned to transform India into a premier ESDM hub. The plan involves to achieve a 400 billion USD turnover till 2020 and will employ the 27.8 million population. Policy includes setting up of EMC (ELECTRONIC MANUFACTURING CLUSTERS) at different places in India. M-SIPS(MODIFIED SPECIAL INCENTIVE PACKAGE SCHEME) are initiated already with 10,000 cr rupees investment .

21)   INDIAN electronics industry is worth 1.75 trillion dollar.ELECTRONICS INDUSTRY in INDIA will increase five times more over the next 7 years .Employment opportunity will rise from 16 lac to 90 lac directly in DESIGN, MANUFACTURING, SALES and after sales service. Even for 10th pass unemployed youth.Schemes to enhance electronics are. MAKE IN INDIA, DIGITAL INDIA, ZERO ELECTRONICS IMPORT  AND SKILL INDIA etc.

22)   PM launched flagship project Digital India in Jul 15. 450000 Cr investment pledged by Ambanis, Bharti, Tatas, &Birlas ….will create 18 Lakh jobs.

23)   NTT COMMUNICATIONS, the $112 billion Japanese giant and the world largest data centre company is queuing to open INDIA’s largest DATA CENTRE.  And to add 3 more to its FACILITIES CENTRES.The company entered India with acquiring NETMAGIC and opened its ninth facility spread over 3 lakh sq. ft. largest in country with Rs 700 cr investment.  

24)   The South Korean industrial conglomerate HYOSANG COORPORATION announced it would setup a manufacturing unit at KHED CITY.Total investment in development will be Rs 900 crore.In khed city 11 plants are running already and 6 are under construction. Total 37 companies have been involved in setting manufacturing plant in khed city along with hyosang to produce high voltage switch gears, & related accessories.

25)   Some domestic companies are also planning to invest around Rs2000 crore in telecom and equipment manufacturing in India.Companies include MICROMAX, KARBONN, LAVA, CELKOM, VIPIN COMMUNICATIONS which are planning to invest in TIRUPATI AP.Wivtak technology and Guangdong and speaker manufacturer HUICHENG ACOUSTIC TECHNOLOGY are also setting shop in 120 acre area which will provide 10,000 jobs.

26)   Boeing is looking for Assembly unites for fighter planes and Apache or Chinook defence helicopters.

27)   Tesla planning battery plant in India.

28)   India’s ease of doing business ranking improving/jumped 12 places.

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