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Vol. 04, Issue No. 01 January 03, 2020.
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India Perspectives India Perspectives is the flagship publication of the Ministry of External Affairs. Richly illustrated, this magazine provides our readers with an insight into India’s culture and tradition along with elements of contemporary India. Click here to read more‌. Ministry of External Affairs, India
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Vol. 04, Issue 01, January 03, 2020.
Consulate News
Automobile Industry in India THE Indian auto industry became the 4th largest in the world with sales increasing 9.5 per cent year-on-year to 4.02 million units (excluding two wheelers) in 2017. It was the 7th largest manufacturer of commercial vehicles in 2018. The Two Wheelers segment dominates the market in terms of volume owing to a growing middle class and a young population. Moreover, the growing interest of the companies in exploring the rural markets further aided the growth of the sector. India is also a prominent auto exporter and has strong export growth expectations for the near future. Automobile exports grew 14.5% during FY 2019. It is expected to grow at a CAGR of 3.05 per cent during 2016-2026. Market Size: • Overall domestic automobiles sales increased at 6.71 per cent CAGR between FY13-19 with 26.27 million vehicles getting sold in FY19. • Domestic automobile production increased at 6.96 per cent CAGR between FY13-19 with 30.92 million vehicles manufactured in the country in FY19 • In FY19, year-on-year growth in domestic sales among all the categories was recorded in commercial vehicles at 17.55 per cent followed by 10.27 per cent year-on-year growth in the sales of three-wheelers.
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Vol. 04, Issue 01, January 03, 2020. Investments: The industry has attracted Foreign Direct Investment (FDI) worth US$ 21.38 billion during the period April 2018 to March 2019, according to data released by Department for Promotion of Industry and Internal Trade (DPIIT). • • • •
Ashok Leyland has planned a capital expenditure of Rs 1,000 crore (US$ 155.20 million) to launch 20-25 new models across various commercial vehicle categories in 2018-19. Hyundai is planning to invest US$ 1 billion in India by 2020. SAIC Motor has also announced to invest US$ 310 million in India. Mercedes Benz has increased the manufacturing capacity of its Chakan Plant to 20,000 units per year, highest for any luxury car manufacturing in India. In November 2018, Mahindra Electric Mobility opened its electric technology manufacturing hub in Bangalore with an investment of Rs 100 crore (US$ 14.25 million) which will increase its annual manufacturing capacity to 25,000 units.
Government Initiatives: • • •
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Allows 100 per cent FDI under the automatic route. Under NATRiP, the Government of India is planning to set up R&D centres at a total cost of US$ 388.5 million to enable the industry to be on par with global standards The Ministry of Heavy Industries, Government of India has shortlisted 11 cities in the country for introduction of electric vehicles (EVs) in their public transport systems under the FAME (Faster Adoption and Manufacturing of (Hybrid) and Electric Vehicles in India) scheme. The government will also set up incubation centre for start-ups working in electric vehicles space. In February 2019, the Government of India approved the FAME-II scheme with a fund requirement of Rs 10,000 crore (US$ 1.39 billion) for FY20-22. For more information: https://www.ibef.org/industry/india-automobiles.aspx
Swiggy - India's Fastest Growing Unicorn SWIGGY, the Bangalore based company, founded by Nandan Reddy, Sriharsha Majety and Rahul Jaimini in 2014 and become India’s new Unicorn in 2018 with a valuation of 3.3 US$ billions. Swiggy is India's largest and most valuable online food ordering and delivery platform which changed the way India eats. With the belief of “Rest is the History”, Swiggy first through the entire city of Bengaluru and then across the entire country with spreading their wings in 534 cities. In early 2019, Swiggy expanded into the general product deliveries, under the brand name “Swiggy Stores”. Further, in September 2019, Swiggy launched instant pick up and drop service “Swiggy Go” for pick up and drop off a diverse array of items, including laundry and document or parcel deliveries to business clients and retail customers. The reasons behind the success of Swiggy are the innovative technology, large and nimble delivery service, and exceptional consumer focus that enabled a host of benefits that include lightning fast deliveries, live order tracking and no restrictions on order amount, all while having the pleasure of enjoying your favorite meal wherever you'd like it.
Picture Credit: Swiggy
Important Trade Fairs in India – To know more, click on
How to File Quality Complaints / Trade Disputes to DGFT? 2|P a g e
Vol. 04, Issue 01, January 03, 2020.
THE next edition of IEEMA’s flagship exhibition ELECRAMA, the world’s largest power industry show is being organized once again in Uttar Pradesh from 18th to 22nd January 2020 at India Expo Mart, Greater Noida. ELECRAMA is organized by Indian Electrical and Electronics Manufacturers’ Association (IEEMA), which is a 70-year ‘young’ Industry organization representing 95% of the electrical equipment made in India. The Indian electrical Industry is today worth US$45 billion and growing. The 800+ IEEMA members are manufacturers of equipment and components and contributing towards twin objectives of Make in India and Power for All. ELECRAMA completes 30 years in 2020 and the 14th edition - ELECRAMA 2020 - will be the largest in scale with 1,10,000 square meters of indoor and outdoor expo space, 1200+ exhibitors from 60 countries and more than 300,000 visitor footfalls from 120 countries. 400+ CEOs of participating companies, diplomats, international delegates and representatives of Indian electrical industry will be at ELECRAMA 2020. Over the years ELECRAMA has grown in relevance and range to cover the entire spectrum of electricity, namely: •
Generation ∙ Transmission ∙ Distribution ∙ Power electronics ∙ Renewables
•
Electric Mobility ∙ Power storage ∙ Automation
Apart from being a stellar display of the industry, ELECRAMA-2020 shall feature following co-located and concurrent events: 1. 2. 3. 4. 5. 6. 7. 8. 9.
World Utility Summit – Largest forum for Utilities with theme “Utility Next” eTechnxt – Focussing on Future Technologies in e-mobility and energy storage ChangeXchange – Biggest Hosted Buyers Programme with 650+ foreign buyers from 80 countries DBSM – B2B meetings with 300+ domestic buyers from Utilities & EPC Rail Urja - Pavillion on Railway Electrification RE Pavilion - Renewable Energy Pavilion Powerhouse - Power PSUs Pavilion MSME Pavilion – encouraging the MSMEs with support of NSIC BuildElec – Unique exposition on building electrical system
Who Should Visit: • • • • • • •
EPC Contractors Equipment Manufacturers OEM’s Testing Agencies Exporters Transmission & Distribution Players Consultants
Please find attached the link for visitor registration on Elecrama 2020 website: https://elecrama.com/visitor-registration-form/
For further details please contact reema.shrivastava@ieema.org
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Vol. 04, Issue 01, January 03, 2020.
Cultural Heritage - Festivals of India Lohri (January 13, 2020) Known by different names, this is one the most celebrated festivals in January in India. It signifies the end of the cold winter and arrival of warmer days along with the onset of harvest season. Bonfires, music, and good food are the major highlights of this festivity. Place of Celebration: All of North India What’s Special: People wear new clothes, and welcome the warmer days by lighting up the bonfire and taking rounds around it. Popcorn, gajak, and revdi are savoured with the loved ones over the Dhol beats.
Source: https://traveltriangle.com/blog/festivals-in-january-in-india/
India News Section 1. India's space body plans key launches in 2020 The Indian Space Research Organisation (ISRO) has ambitious plans to make new key launches in 2020, including a dozen new satellite missions, interplanetary Sun mission "Aditya" and the first unmanned test-flight of the Moon Mission "Gaganyaan" carrying a humanoid, ISRO chief K. Sivan said in an interview with the Indian media. Read more… (Xinhua, Monday, 30th December 2019, 9:21 am)
2. India Has Witnessed Significant Advancement In Cardiac Care With Its Novel Surgical Techniques And Preventive Programs Cardiovascular disease (CVD) is dreaded by many as it happens to be the top killer worldwide among several age groups, especially among the middle-aged adults for quite a couple of years now. Not just that, it is held responsible for causing 40% of all deaths across the world, reveals a recent report published in the Lancet medical journal. Heart-related disorders have also started affecting teens and children these days. The trend in the incidence of cardiovascular disease in India has gone through significant changes and so is the pattern of cardiac care and surgeries in the country. Read more… (Dr. Ganeshakrishnan Iyer, Modern Ghana, Tuesday, 31st December 2019, 5:29 am)
3. New technologies crucial to transform India into a powerhouse of quality human resource Next year, the average age of India’s population will be 29 years as against 40 years in the United States, 46 years in Europe and 47 years in Japan. What’s more, during the next couple of decades, as stated in the National Policy for Skills Development, 2015, while the labour force in the developed nations will decline by 4%, that in India will increase by a whopping 32%. Considering that the number of people who enter the work force every year is estimated to be close to 26 million, how do we harness this demographic dividend? Economists believe that if skilled appropriately and strategically, India’s burgeoning youth brigade may well add a significant 2% to the country’s GDP. Read more… (Uma Keni Prabhu, The Sunday Guardian, Sunday, 29th December 2019, 10:38 am)
4. Developing past fossil fuels in India Industrialized countries developed using fossil fuels to grow their economies. But in an era of climate change, can developing countries such as India find another way? For many in rural India, life becomes more difficult when the sun goes down. Without electricity, villagers often have to rely on kerosene lamps for artificial light and cow dung for cooking. Not only does that make simple tasks such homework and household activities more difficult, it also leads homes to fill with sometimes dangerous levels of smoke. Read more… (Khmer Times, Friday, 27th December 2019, 8:15 am)
5. India set to be world’s fourth biggest economy by 2026 India is on track to overtake ¬Germany as the world’s fourth-largest economy by 2026, dumping all leading European economies out of the top flight as Asia continues its remarkable rise. Read more… (Philip Aldrick, The Australian, Thursday, 26th December 2019, 10:12 am)
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Vol. 04, Issue 01, January 03, 2020. 6. From the Indian corporates who are conserving energy, to the first waste management park in India Conserving energy, groundwater, and effective waste treatment is the need of the hour. With resources depleting at a steady rate, and the proof of global numbers to show for it, individuals and organizations are strapping up their sustainability boots to implement a change. Read more… (Team SS, Your Story, Saturday, 28th December 2019, 10:29 am)
7. Overcoming India’s clean cooking challenge Today, 1,104 terawatt-hour (tWh) of energy is used for cooking in India. The annual usage varies from household to household. But on an average, the yearly use is quoted as 7-8 liquefied petroleum gas (LPG) cylinders of 14.2 kilograms; 170 standard cubic meter (scm) of piped natural gas (PNG) or about 1,022-kilowatt hour (kWh) of electricity. According to Niti Aayog’s Indian Energy Security Scenario portal, the energy demand for cooking in 2047 will be between 410 tWh to 599 tWh, corresponding to ‘heroic effort’ and ‘least effort’ scenarios. The reduction in energy demand, they claim, will be from the introduction of more energyefficient cooking systems. Read more… (Shweta Miriam Koshy, Down to Earth, Friday, 27th December 2019, 6:10 am)
Tenders Title: BHEL tender for supply of Full HD Digital Magnifier (RFQ No. IKCCAP0128) Opening date: December 26, 2019 Closing date: January 17, 2020
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Tender Document
India – A tourism destination
Shaped like the sacred lotus flower, this extraordinary temple is a major highlight of Delhi. Designed by IranianCanadian architect Fariburz Sahba in 1986, it is situated in Kalkaji and has 27 immaculate white-marble petals. Around the blooming petals there are nine pools of water, which light up, in natural light. It is open to the adherents of all faiths who come here to pray or meditate silently according to their own religion. It looks spectacular at dusk when it is flood lit. The temple remains closed on Mondays. www.incredibleindia.org 5|P a g e