ELE Times December 2016 Electronics News in India | Online Electronics Mag | Page 12

News

India UK Joint Tech Summit

The recently held India-UK Tech Summit
inaugurated by the Prime Minister of India
Narendra Modi and the Prime Minister of
United Kingdom, Theresa May, highlighted
the visions of both the Prime Ministers to
create a new era of bilateral economic
relationship between the two countries.
“The UK is known for its strength in
technology and innovation. India offers
vast opportunities through its markets,
skilled human resources and competitive
economic environment. Britain and India
are an unbeatable combination for an
enormously successful partnership” said

Prime Minister Modi.
The focus sectors at the Summit will be,
Advanced Manufacturing & Robotics; Life
Sciences & Healthcare and Smart Cities.
The other tracks of the Summit will be
Higher Education, Design, Intellectual
Property, Innovation and
Entrepreneurship.
It was a critically important occasion
showcasing India’s scientific and
technological prowess at this prestigious
platform and will reflect the two
countries’ technological excellence, with a
drive towards forging collaborations.

Indian Smartphone Market Crosses
30 million Unit Shipments
For the first time, the smartphone market
in India crossed the 30 million unit
shipments milestone in the third quarter
of this year, the International Data Corp
(IDC) reported on November 15, 2016.
According to IDC's Quarterly Mobile
Phone Tracker, smartphone shipments
clocked 32.3 million units in Q3 2016 with
17.5 % growth over the previous quarter,
maintaining its traction with 11 pct Yearon-Year growth.
Lenovo Group, which constitutes almost a
fourth of total online smartphone
shipments, continues
to lead online channel
followed by Xiaomi.
Samsung led the
Indian smartphone
market with 23 pct
share with 8 pct
sequential growth
followed by Lenovo
Group (including
Motorola) with 9.6 pct
share of smartphones.

Reliance Jio sustained its fifth position in
the period despite a healthy 20.9 pct
growth over previous quarter while Xiaomi
made its debut in top 5 as its shipments
doubled over previous quarter.
4G smartphone shipments grew 24.8 pct
over the previous quarter in Q3 2016.
The rollout of Reliance Jio network has
further increased the share of 4G-enabled
smartphones in India. Seven out of 10
smartphone shipped in Q3 2016 were 4Genabled and 9 out of 10 smartphone sold
by eTailers were 4G.

ELE Times | 12 | December, 2016

India will be home to
10,500 Startups by 2020

India has emerged as the third largest startup base and such ventures are poised to
grow 2.2 times to reach 10,500 by 2020
despite a perception that the ecosystem in
the country has slowed down in the last year.
India is in the third position just behind US
and UK, and nearly 1,400 new start-ups are
expected by end of 2016, up by 8-10 per cent
from last year, revealed the "Indian Startup
Ecosystem Maturing - 2016".
The report also finds that Bengaluru, NCR,
and Mumbai continue to lead as the major
start-up hubs in the country. The number of
tech start-ups in India is expected to grow by
10-12 per cent to over 4,750 by the end of
2016. With this impetus, India will become
home to over 10,500 start-ups by 2020,
employing over 2,10,000 people, reveals the
report. It added that there is a 40 per cent
increase in the number of active incubators
and accelerators in 2016 with impetus from
government and corporates.

Industry welcomes
positive steps initiated
by Government in
Telecom Sector
A Seminar on “Digital India: Investment and
Business Opportunities” was organized by the
Ministry of Electronics and Information
Technology (MeitY) on November 17, 2016.
The Seminar also commemorated one year of
successful deployment of Indian Conditional
Access System (iCAS). A practical hands-on
program for mobile handset design engineers
was also launched at the event.It is a first of
its kind unique initiative where Government,
Industry and an international partner have
come together to develop local Skill and
Competency of Mobile Handset Design
Engineers in India. This is a step forward
towards further promoting Investments into
growing Mobile Manufacturing in the
country. Under the programme, the first
batch of 50 Engineers to be trained partially
in India and largely in Taiwan starting 1st of
December, 2016 was announced. The
programme aims to build capacity and
improve the competence level of Indian
Mobile Manufacturers. On behalf of MeitY,
this program is being coordinated and
organised by NIELIT in collaboration with
Mediatek Inc., Taiwan; supported by Handset
Industry in India represented by ICA.