Gaming industry expected to reach Rs 25,300 crore by the end of 2024–2025: report
到 2024-2025 年底，印度電玩業預計將達到 2,530 億盧比
The Indian gaming industry is set to experience significant growth, expanding by 20% year-on-year to reach Rs 25,300 crore by the end of the 2024-25 financial year, according to a report titled “Guardians of Safe Play: Ethical Gaming for Vibrant Bharat” by Grant Thornton Bharat in collaboration with the E-Gaming Federation (EGF). The report emphasizes the necessity for a detailed code of conduct to establish ethical standards, ensuring accountability and transparency within the industry. This code aims to address critical risks such as cyber threats, regulatory uncertainties, and financial risks, thus supporting the industry’s sustainability and growth.
The industry has garnered substantial investment, raising $2.8 billion from domestic and international investors over the past five years. Notable investments include South Korean game developer Krafton’s $140 million in Indian gaming and content ventures, with plans for an additional $150 million investment in the next two to three years. The report also advocates for third-party certification to encourage self-regulation and uphold industry standards. It stresses the importance of strong player protection mechanisms and calls for collaboration among industry players, regulators, and policymakers to create a safer gaming environment, positioning India as a global leader in ethical gaming practices.
小編點評：印度電玩業預計將大幅成長，預計到 2024-25 財年末將達到 2,530 億盧比，年增 20%。這一增長得益於過去五年總計 28 億美元的重大投資，突顯了國內外投資者信心的增強。 Grant Thornton Bharat 報告中概述了該產業對道德標準的關注，強調了透過嚴格的自我監管和利益相關者之間的合作來實現永續發展的努力，旨在降低風險並加強玩家保護。
TAITRA Urges Foreign Firms to Adapt to India’s Business Environment Amid Foxconn Hiring Controversy
富士康招聘爭議之際，外貿協會敦促外國企業適應印度商業環境
Amid the controversy surrounding Foxconn’s hiring practices, the Taiwanese trade promotion organization TAITRA stated on Monday that all foreign companies, including Taiwanese firms, must adapt to India’s business environment. This comment comes in response to media reports alleging that Foxconn, a contract manufacturer of Apple iPhones, discriminates against married women by not hiring them at its Tamil Nadu unit.
Foxconn has denied these allegations, informing the government last month that 25% of its new hires are married women. The company clarified that its safety protocol, which requires all employees to avoid wearing metal regardless of gender or religion, is not discriminatory. TAITRA acknowledged potential cultural issues but emphasized the importance of foreign firms adapting to local business practices in India.
小編點評：在招聘做法引發爭議的情況下，外貿協會呼籲外國公司，包括富士康等台灣公司，以適應印度的商業規範。該組織發表聲明之前，曾指控富士康在泰米爾納德邦工廠歧視已婚婦女，該公司對此予以駁斥，同時強調該公司遵守適用於所有員工的安全法規。
India Needs Infrastructure Overhaul to Become Semiconductor Hub: New Taipei City Deputy Mayor
印度需要基礎建設改造才能成為半導體中心：新北市副市長
India must improve its land, water, and electricity supply ecosystem and provide excellent rail, road, and water connectivity to develop a robust electronics and semiconductor manufacturing sector, according to Chu Tih Ju, Deputy Mayor of New Taipei City, Taiwan. Speaking at the Taiwan Expo 2024, Ju highlighted the challenges India faces, such as litigation-free land availability and uninterrupted power and water supply, as critical infrastructure requirements for the industry.
Ju emphasized that countries aiming to build domestic semiconductor and electronics manufacturing ecosystems should not work in isolation but should foster allied industries to support growth. With Taiwan being a significant player in electronics and semiconductor manufacturing, bilateral trade with India reached $8.2 billion last year and saw a 28% increase in the first quarter of 2024. James C F Huang, Chairman of Taiwan’s trade body TAITRA, stressed that all companies, regardless of size, must comply with local laws in their operational countries.
小編點評：在 2024 年台灣形象展上，新北市副市長朱惕之強調，印度需要大力改善基礎設施，包括可靠的土地供應和強大的公用設施，以將自己打造成半導體和電子製造中心。朱副市長強調了台灣與印度強大的雙邊貿易並強調遵守當地法律，並強調了共同努力在印度培育繁榮的製造業生態系統的重要性。
Taiwan Expo in India 2024 Kicks Off in New Delhi, Showcasing Top Taiwanese Products
2024年印度台灣形象展在新德里開幕 展示台灣頂尖產品
The “Taiwan Expo in India 2024” has returned to New Delhi after a five-year hiatus, inaugurating its 7th edition at Bharat Mandapam (Pragati Maidan) with about 120 Taiwanese companies participating. The event, which serves as a key platform for Taiwan-India economic and cultural exchanges, was led by Cynthia Kiang, Director General of the International Trade Administration (TITA), and James Huang, Chairman of the Taiwan External Trade Development Council (TAITRA). Notable attendees included Mizoram Chief Minister Lalduhawma, FICCI Chairman Manish Sharma, and Rajoo Goel, Secretary General of ELCINA, among others.
James Huang highlighted India’s rise as a global manufacturing hub and Taiwan’s intent to collaborate with India on initiatives such as establishing a wafer fab to bolster supply chain resilience. Cynthia Kiang noted India’s significant position in the global manufacturing landscape, particularly in footwear and textiles. The expo features various pavilions, including the “Smart Manufacturing Pavilion” and the “Sustainable & Innovation Textile Pavilion,” showcasing Taiwan’s advanced solutions. The three-day event also includes a “Taiwan-Japan Business Cooperation Seminar and Matchmaking” session, emphasizing cross-industry alliances and promoting Taiwan’s intelligent and efficient manufacturing capabilities to capture business opportunities in India.
小編點評：「2024年印度台灣形象展」在新德里Bharat Mandapam開幕，今年是第七屆，共有120家台灣企業參加。該博覽會由TAITRA董事長黃志芳和經濟部國際貿易署署長江文若領導，旨在透過展示台灣先進產品和討論建立晶圓廠以增強供應鏈彈性等合作舉措來加強台印經濟聯繫。台北電腦公會國際合作中心也在形象展設立TCA創新館，共有展嘉科技、來毅數位科技、定揚科技、凌航科技、群聯電子及環球睿視6家公司參展，並與NASSCOM和FAIITA會員舉行獨家B2B媒合會。
Centre to Unveil Electric Vehicle Policy Guidelines by September-End
中央政府將於九月底公佈電動車政策指南
The Centre is set to release the policy guidelines for the “Scheme to Promote Manufacturing of Electric Passenger Cars in India” (SPMEPCI) by the end of September, according to government officials. These guidelines include provisions for reduced customs duties on imported electric cars in exchange for investment commitments in India. The scheme, aimed at boosting electric vehicle manufacturing in the country, will allow OEMs to submit applications through a dedicated portal after the guidelines are issued. The notification for the scheme was initially issued on March 15, 2024, providing a 120-day window for applications.
The delay in releasing the guidelines has been attributed to the Lok Sabha elections and Budget preparations. However, industry insiders suggest that the lack of response from automakers, particularly Tesla, has also contributed to the postponement. The scheme proposes a reduction in import duties from 70% to 15% for electric-vehicle makers who invest at least $500 million and establish a manufacturing plant within three years. The initiative aims to attract investments from global players like Tesla and BYD, as well as existing manufacturers such as VinFast, Kia, Škoda, BMW, and Mercedes-Benz. VinFast has expressed concerns about the investment criteria and is advocating for the inclusion of its prior investments in India to qualify for the incentives.
小編點評：印度政府計劃在9月底前公佈「印度電動乘用車製造促進計畫」指導方針，旨在促進該國電動車（EV）產業的發展。這些指導方針將降低進口電動車的關稅，以換取對當地製造業的大量投資。原定於 3 月發布的指導方針被推遲，部分原因是選舉進程和產業界反應，包括特斯拉等全球汽車製造商的回饋。
7 Tech Firms to invest in Electronics Cluster In Mysuru
7 家科技公司將投資邁索爾電子聚落
The Karnataka government has allocated 235.5 acres in Kochanahalli Industrial Area, Mysuru district, to establish an electronics manufacturing cluster (EMC) with a total project cost of Rs 245.67 crore, excluding land costs. Kaynes Technology India, Gopalan Aerospace, Krypton India Solutions, Virtulive Technologies, Wuerth Elektronik India, Proxelera, and LeePra Technologies are the seven domestic tech companies planning investments in the cluster. Kaynes Technology will invest Rs. 1.5 billion on 20 acres, Gopalan Aerospace Rs. 2 billion on 50 acres, and Krypton India Solutions Rs. 1.75 billion on 10 acres. The other companies are also making significant investments, and the cluster is set to promote semiconductor manufacturing with support from the Ministry of Electronics and Information Technology (MeitY).
Priyank Kharge, the State IT minister, emphasized that while Bengaluru will remain India’s primary semiconductor design hub, Mysuru will complement it with semiconductor-related activities. The state has sought production-linked incentives and fiscal support from MeitY, and the application and detailed project report have been submitted to the Centre. A site inspection was conducted on May 28, and the application is under review for approval by MeitY. Mysuru’s proximity to the Kabini River ensures an adequate water supply for semiconductor manufacturing, and the region benefits from transportation facilities like the Mangaluru port and skill centres such as the Lahari Common Facility Centre. The EMC scheme, launched in April 2020, aims to enhance India’s electronics manufacturing ecosystem, with Karnataka applying for an EMC under the EMC 2.0 scheme in Mysuru district on March 31 last year.
小編點評：Kaynes Technology India 和 Gopalan Aerospace 等七家國內科技公司將投資卡納塔克邦邁索爾的電子製造聚落。該聚落的總成本為24.567億盧比（不包括土地成本），旨在加強電子和資訊技術部支持的半導體製造，並提高印度的電子製造能力。
Union budget to be announced on July 23
中央總預算將於7月23日公佈
Finance Minister Nirmala Sitharaman will present the first Union Budget of Prime Minister Narendra Modi’s third term on July 23, 2024, as approved by President Droupadi Murmu. The Budget session is scheduled from July 22 until August 12. Under Article 112 of the Constitution, a statement of estimated receipts and expenditure of the government must be presented before Parliament every financial year. The Budget is usually presented at the end of a fiscal year on the first day of February, while an Interim Budget is presented in the last year before general elections.
In February, the government presented the Interim Budget 2024-25 in Parliament, aiming for ‘Viksit Bharat’ by 2047 with comprehensive development goals. The Interim Budget lowered the FY25 fiscal deficit target to 5.1% of GDP and announced no changes in the tax slabs for both the old and new regimes. This upcoming session will be the first full session of Parliament after the oath-taking ceremony of newly elected members of the 18th Lok Sabha, which was held from June 24 to July 2 following the general election results.
小編點評：財政部長Nirmala Sitharaman計劃於2024 年7 月23 日提交總理莫迪的第三任期中央總預算，標誌著7 月22 日至8 月12 日的預算會議開始。該預算是憲法第112 條的要求，將概述繼二月初提交的臨時預算之後，政府預計本財政年度的支出和收入。
Centre may use Indian intel on the A(I) Mission
中央政府可能會在 A(I) 任務中使用印度人工智慧科技
The government is considering preferring Indian data centre companies to manage the operations of graphics processing units (GPUs) procured under the Rs 10,372 crore India AI Mission. Abhishek Singh, Additional Secretary at the Ministry of Electronics and IT, disclosed at the Global India AI Summit that Rs 4,000 to Rs 5,000 crore will be allocated for GPUs. Currently, GPUs are a rare commodity produced by a few American companies like Nvidia, Intel, and AMD. Indian data centres could acquire these GPUs and offer them to local firms, start-ups, academics, and researchers at subsidized rates. The government is in discussions with Nvidia, Intel, and AMD to understand the supply dynamics of these advanced computing resources.
International firms interested in the tender to manage these GPUs might need to establish operations in India and ensure that data processing remains within the country. The much-anticipated request for proposal (RFP) is expected to be released soon, with officials exploring the best methods to subsidize GPU operations, including maintenance and upgrades. The Ministry of Electronics and Information Technology may also provide viability gap funding for GPU procurement. Initially, the plan is to procure a limited number of GPUs, focusing on specific areas before expanding their availability. A public-private partnership (PPP) model is preferred. Indian data centre companies procuring these GPUs may need to provide client details, the nature of their work, and potential outcomes of any research and innovation facilitated by the GPUs.
https://www.cxodigitalpulse.com/on-al-mission-centre-may-go-with-indian-intel
小編點評：印度政府計劃在印度人工智慧使命下為圖形處理器 (GPU) 分配 4,000 至 5,00 億盧比，考慮由印度資料中心公司來管理這些資源。此舉旨在讓本地公司、新創公司、學者和研究人員更容易以補貼價格獲得 GPU，從而有可能減少對 Nvidia、Intel 和 AMD 等外國供應商的依賴。政府正在與國際公司進行討論，以確保遵守數據處理法規並探索在印度建立業務的機會。