Weekly News Updates- March 20 – March 26

E-bus battery swap norms to initiate soon; India a symbol of hope for smaller, aspirational space nations; AWS collaborating with Indian startups; Hydrogen's role in clean energy transition discussed; Zepto, Meesho, and Pine Labs waiting their return to India; Govt unsatisfactory over HCL, Foxconn chip JV; US persuaded New Delhi to reverse its laptop laws

E-bus battery swap norms likely to initiate soon

電動巴士電池更換規範可能很快開始啓動。

The Centre is preparing to set universal standards for batteries in an effort to facilitate the process of battery switching, hence increasing the adoption of electric buses.

According to Economic Times, the guidelines would address the dimensions, weight, and battery capacity of e-buses to guarantee smooth interoperability.

Currently, e-bus manufacturers use unique batteries designed to match particular car models, which leads to different weights and capacities with little interoperability. The action is a component of the Center’s initiative to encourage the use of EVs. Although two-wheeler EV sales are increasing, the government has been promoting the use of EVs in public transportation.

https://inc42.com/buzz/push-for-ebuses-centre-to-soon-release-battery-swapping-norms

小編點評:印度政府準備指定通用的電動公車電池標準,簡化電池更換並推動電動公車的用。這些規範涵蓋設計尺寸,重量及容量,旨在增强各個電動公車的互通性,與呼應印度政府在公共交通中推廣電動車的廣泛政策呼應

India is a symbol of hope for smaller, aspirational space nations: WEF official

WEF報道:印度是有抱負的太空國的希望象徵

According to a top World Economic Forum (WEF) official, the excitement around space in India is drawing talent from around the globe and encouraging them to launch businesses and support the sector’s expansion.

As the commercial space sector takes off in India, the Centre for Fourth Industrial Revolution (C4IR), a WEF platform, inaugurated the space technology programme last week with the goal of fostering international cooperation among diverse stakeholders.

https://www.ptinews.com/story/national/india-lighthouse-for-smaller-aspiring-space-nations-wef-official/1380125

AWS collaborating with Indian startups to address global issues

印度新創AWS一起合作應對世界議題。

Amazon Web Services (AWS) collaborates with Indian startups to find long-term solutions to global issues. Startups that are looking for scalability, dependability, and agility make use of AWS’s robust cloud computing and infrastructure services. Technology is being used by AWS and Indian businesses to address global issues. These entrepreneurs are utilizing AWS to develop cutting-edge solutions that have the potential to transform industries and enhance lives in the domains of healthcare, education, environmental sustainability, and other areas.

Medical service delivery and management are being revolutionised by Indian businesses with the use of AWS. Another area of interest for Indian startups and AWS is environmental sustainability. To assist startups in expanding and growing, AWS Activate and AWS EdStart offer resources, technical assistance, and mentoring.

小編點評:亞馬遜網路服務(AWS)正與印度新創企業合作,應對全球挑戰,利用強大的雲端運算服務實現擴展性和靈活性。透過 AWS,這些新創企業正在各個領域進行創新,如醫療保健、教育和環境永續性,旨在轉變產業並改善全球生活

Discussion on the significance of hydrogen’s role in clean energy transition held at Global Experts meet

全球專家會議討論氫在清潔能源轉型中的作用。

Global experts gathered in New Delhi to talk about how important hydrogen is to the shift to renewable energy. The International Partnership for Hydrogen and Fuel Cells in the Economy (IPHE) held its 41st Steering Committee Meeting with the goal of promoting international cooperation and developing hydrogen technology.

Delegates from Austria, Chile, France, Japan, Germany, the Netherlands, the United Arab Emirates, the United States, Singapore, and South Korea attended the summit. Throughout the event, representatives provided updates on the hydrogen policies of their home nations, showcasing efforts in policymaking, infrastructure development, and research and development to support a strong hydrogen economy.

Talks focused on developing global partnerships to support funding, legislation, laws, and sustainable business models. They also looked at business strategies for the production, transportation, and storage of hydrogen.

https://www.manufacturingtodayindia.com/new-delhi-summit-highlights-global-efforts-for-hydrogen-growth

Zepto, Meesho, and Pine Labs waiting their return to India

ZeptoMeesho Pine Labs 等待返回印度

Startups are putting forth every attempt to return to India. This is in an effort to profit from the higher valuation given to technology-related ventures. As to an Economic Times report, Pine Labs, a payment platform, is attempting to combine its holding company situated in Singapore with its operations in India. It will be accomplished by a cross-border merger.

Pine Labs has filed its application with the National Company Law Tribunal (NCLT) and Singapore’s regulatory bodies, according to the company’s filings. The Economic Times goes on to say that Zepto, an online marketplace, is likewise going through a comparable procedure. Meesho, an online retailer, is also working to gather additional money in order to pay the additional taxes it will need to pay when it returns to India.

This coming home could be caused by factors like the general macroeconomic environment and the worldwide slowdown in venture capital. CrunchBase reports that worldwide start-up investments fell by 38% in 2023 from $462 billion in 2022. extra tax to be paid upon return to India.

https://business.outlookindia.com/news/pine-labs-zepto-meesho-consider-reverse-flip-to-return-to-india-report

小編點評:像 ZeptoMeesho Pine Labs 這樣的新創企業正努力回到印度,受到該國科技企業更高估值的吸引。例如,Pine Labs 正在追求跨境合併,將其新加坡總公司與印度業務合併,這一舉措正由兩國監管機構進行申請審批。這種回歸反映了更廣泛的趨勢,受到宏觀經濟環境和全球風險投資放緩等因素的影響,全球新創企業的投資經歷了顯著下降,促使戰略性調整以應對稅務影響,並在印度把握機遇。

Govt unsatisfactory over HCL, Foxconn chip JV, seeks details

政府對HCL和富士康(Foxconn)合作製造半導體不滿,要知道細節。

According to the reports, the government, which has requested that both companies submit further information on the project, is not entirely satisfied with the plan from Taiwan’s Foxconn Group and India’s HCL Group to jointly build a chip assembly facility in the country.

The $10 billion Indian Semiconductor Mission is presently reviewing the proposal for incentives.

HCL and Foxconn announced in January that they would be partnering to establish an OSAT facility in the nation. Reports at the time told ET that the unit might require a total investment of $100 million to $150 million.

https://economictimes.indiatimes.com/tech/technology/govt-spots-missing-bits-in-hcl-foxconn-chip-jv-seeks-details/articleshow/108625871.cms?utm_source=newsletter&utm_medium=email&utm_campaign=update&ncode=2361d5eef2f2bf03d96346794e802b64b09aed30b9789a61b697a0f7a119dbeea179f913bc8d5f3cb8ace1368bd8d499c75d9f5a09da7261d30d10a45ee5b6d0d450e4586a540483b4f67bc8be7ebe17&from=mdr

小編點評:印度政府對台灣鴻海集團與印度HCL集團合作在印度建立晶片組裝設施的合資提議表達了不滿,並要求雙方提供進一步的細節。隨著價值100億美元的印度半導體任務目前正在審查各方補助方案的申請,富士康這個合資計畫將在印度建立一家OSAT設施,預計投資額在1億至1.5億美元之間,此舉備受關注。

US persuades New Delhi to reverse its laptop laws

美國說服新德里撤銷其筆記型電腦法律

After negotiating behind closed doors, India reversed its policy regarding laptop licensing. However, U.S. trade officials and government emails seen by Reuters indicate that Washington is still concerned about New Delhi’s compliance with WTO requirements and potential new regulations.

Fearing that the process would slow down sales, India implemented regulations in August requiring companies like Apple, Dell, and HP to obtain licenses for all shipments of imported laptops, tablets, personal computers, and servers.

The emails from the US government, which were acquired through an open records request, highlight the degree of concern that the Indian restrictions created in Washington and how the US pulled off a remarkable lobbying victory by convincing Prime Minister Narendra Modi’s often unyielding government to change course.

https://economictimes.indiatimes.com/industry/cons-products/electronics/india-screwed-up-how-the-u-s-lobbied-new-delhi-to-reverse-laptop-rules/articleshow/108666758.cms?utm_source=newsletter&utm_medium=email&utm_campaign=Dailynewsletter&utm_content=Story1&ncode=2361d5eef2f2bf03d96346794e802b64b09aed30b9789a61b697a0f7a119dbeea179f913bc8d5f3ca97754a772c7beede395fc0f67a91e0b8bdb9e7a74ed7edc16685bf51c902c1bde13b276006cb881&from=mdr

小編點評:印度在與美國進行談判後,已經撤銷了要求進口筆記型電腦、平板電腦、個人電腦和伺服器須取得許可證的政策。儘管如此,美國貿易官員仍然對印度是否遵守WTO規定以及未來可能頒布的監管措施持續關注,突顯了國際貿易談判的敏感性。