Weekly News Updates-India Apr 19 to Apr 25

Foxconn to expand its Chennai iPhone unit; Standards and testing for EV charging infrastructure released; Rajesh Kumar Singh appointed as DPIIT secretary; 20% YoY decrease in handset production; Space policy sets out roles of pvt, govt entities; Expansion of Scientific & Industrial R&D in Quantum Technology; Tamil Nadu halts a law that will increase production hours

India’s global computer services exports increased by 11% in FY23

Foxconn to expand its Chennai iPhone manufacturing facility

Apple’s contract manufacturer Foxconn intends to increase the size of its Indian manufacturing facility. In order to accomplish this, Foxconn could construct two more buildings at its location close to Chennai, according to people familiar with the plan.

Foxconn is also aiming to build a research and development facility in Whitefield, Bengaluru. These developments show how quickly the corporation is expanding its capacity in India.

When Apple CEO Tim Cook is in the nation to open Apple’s first retail outlets, there is a push to increase manufacturing capacity. Cook opened a location in Mumbai on April 18. On April 20, he is slated to open the Apple store in Delhi’s Select City Walk complex in Saket.

Apple’s interest in India is a hint of its expansion goals in the second-largest smartphone market in the world. Foxconn Chairman Young Liu paid a second visit in less than a year in March. He pledged to promote additional investments in the nation.

foxconn chennai facility: Foxconn looks to expand Chennai iPhone facility – The Economic Times (indiatimes.com)

BIS releases specifications and evaluations for infrastructure for recharging electric vehicles

Standards and testing for EV charging infrastructure as well as requirements for battery swapping systems have been released by the Bureau of India Standards (BIS). Additionally, it outlines the specifications for a battery exchange system’s security.

The series, which consists of 10 parts, specifies the communication protocols, electrical safety standards, and performance test specifications for EV charging systems.

The standards are designed to guarantee universal compatibility and standardization for EV charging infrastructure. They guarantee the security, dependability, and compatibility of EV charging systems with a range of automobiles and charging network providers.

BIS rolls out standards and tests for electric vehicle charging infrastructure – All India EV

Rajesh Kumar Singh assumes leadership as DPIIT secretary
Rajesh Kumar Singh

Rajesh Kumar Singh, a senior IAS officer, was appointed secretary of the Department for Promotion of Industry and Internal Trade (DPIIT) on Monday.

Anurag Jain, who has been named secretary for the Ministry of Road Transport and Highways, is replaced by Singh. Jain is an Indian Administrative Service (IAS) officer from the 1989 batch.

Singh is taking over at a time when the ministry is moving forward with a number of initiatives to encourage foreign investment in the nation and increase domestic production. When compared to the same period in 2021–2022, foreign direct investment into the nation totaled USD 43.17 billion in April–December 2022 as opposed to USD 36.75 billion.

Rajesh Kumar Singh takes charge as DPIIT secretary | Deccan Herald

20% YoY decrease in handset production, with corporations holding 10 weeks’ worth of inventory
全球手機年增率下降20% 許多公司仍持有10週以上的庫存量

According to The Economic Times (ET), smartphone manufacturers have decreased their manufacturing by up to 20% year over year (YoY). According to experts, the drop in production is due to the slowdown in sales during the past six months.

Between October and December 2022, a 30% drop was seen. According to data from Counterpoint mentioned in the research, sales decreased by 18% between January and March 2023 compared to the same time the previous year.

According to the report’s citation of Pradeep Jain, managing director of the Jaina Group, the demand for mobile phones has been affected globally as well as in India. Jaina Group makes mobile phones under the Karbonn brand.

Speaking on the overall trajectory of the market, he predicted that the decline in demand will last for some time.

Handset production down 20% YoY, companies sitting on 10 weeks of inventory (business-standard.com)

Space policy sets out roles of pvt, govt entities
印度2023年太空政策 制定出民間與政府組織的職責

The new Space Policy 2023, which intends to define rules for the roles and duties of several institutions involved in space exploration, including the Indian Space Research Organization (ISRO), NewSpace India Limited, and private sector organizations, has been approved by the Union Cabinet.

The industry is satisfied with the provisions, but it is awaiting the specifics of investments, especially foreign direct investment and tax breaks for R&D costs.

Since its foundation, ISRO has had exclusive control over all facets of space programs, and it has been assisting the private sector through contracts for components and agreements for the transfer of technology. However, the government’s choice will give private organizations a bigger role.

New Space Policy Allows Pvt Cos To Set Up, Operate Own Network (greekcitytimes.com)

National Quantum Mission to Expand Scientific & Industrial R&D in Quantum Technology, Receives Cabinet Approval

The National Quantum Mission has been given approval by the Centre in an effort to promote economic growth driven by quantum technology and elevate India to the top of the field. On April 19, the Union Cabinet met in New Delhi and made a decision in this regard.

The National Quantum Mission will give India a quantum leap in the international arena, according to Union Minister for Science and Technology Dr. Jitendra Singh. He continued by saying that there are currently six nations with quantum technology, including the USA, Canada, and France.

The Mission would have a significant positive impact on the financial, energy, health, communication, and pharmaceutical industries as well as space applications. National goals like Digital India, Make in India, Skill India, Stand-up India, Start-up India, Self-reliant India, and Sustainable Development Goals (SDG) would receive a significant boost from it.

Cabinet approves National Quantum Mission to scale up scientific & Industrial Research & Development in Quantum Technology | (newsonair.com)

Tamil Nadu in India halts a law that will increase production hours

According to the statement by the government, 12-hour workday at factories has been put on hold in Tamil Nadu, a state in southern India, following discussions with labor unions that opposed to the idea.

The All India Trade Union Congress and the Centre of Indian Trade Unions, two labor unions that opposed the law, were preparing a one-day strike that would affect workers at dozens of factories the following month.

The bill was passed by the Tamil Nadu government last week, but it has not yet become a law. At that time, it stated that anybody who worked 12 hours for four consecutive days would receive three paid days off each week. However, several workers had worries about how the law would be properly applied in factories.

M.K. Stalin, the state’s chief minister, said in a statement that the government passed the bill aiming to attract big investments and increase employment opportunities for youngsters.

India’s Tamil Nadu puts on hold bill extending factory working hours | Reuters