RBI reduces repatriation time of export proceeds to 9 month Earlier, these entities were getting a year to realise and repatriate full value of goods/software/services to India. The time for other exporters was reduced to nine months from one year in May 2013.

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RBI reduces repatriation time of export proceeds to 9 month Earlier, these entities were getting a year to realise and repatriate full value of goods/software/services to India. 

The time for other exporters was reduced to nine months from one year in May 2013.

 Exporters and units in special economic zones (SEZs) will now have to realise and repatriate overseas sales proceed of goods and services in nine months, as against 12-month earlier, from the date of shipment. "...
henceforth the period of realisation and repatriation of export proceeds shall be nine months from the date of export for all exporters including

Units in SEZs, Status Holder Exporters, EOUs, Units in EHTPs, STPs and BTPs until further notice," a RBI notification said. Earlier, these entities were getting a year to realise and repatriate full value of goods/software/services to India. The time for other exporters was reduced to nine months from one year in May 2013. In another notification, RBI said domestic tax laws will be applicable on transactions involving acquisition of immovable property by Indian citizens living outside the country and Persons of Indian Origin. The clarification comes as "doubts persist" in the members of public regarding requirement of payment of taxes while undertaking property transactions under the Foreign Exchange is invited to Foreign Exchange Management (Acquisition and Transfer of immovable property in India) Regulations. An amendment in the Regulations had said: "Any transaction involving acquisition of immovable property under these regulations shall be subject to the applicable tax laws in India."


News Source : http://www.moneycontrol.com/news/economy/rbi-reduces-repatriation-timeexport-proceeds-to-9-month_1233890.html




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Why RBI Simplified its procedure to submit export declaration form ?

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 Why RBI Simplified  its procedure to submit export declaration form ?

RBI now introduced new guidelines and removed the difference between single/bulk submission of forms & large/small exporters to simplified procedure of Softex forms.

See New Procedure here ->> http://stpi-scheme.blogspot.in/2015/11/rbi-simplified-export-declaration_24.html


Reasons and concerns -

See this news :-

Startups balk at RBI’s 2013 circular on software-export forms

MUMBAI: Complying with the RBI's 2013 circular requiring companies to file software-export forms for every transaction is proving to be a nightmare for startups that are now required to submit the form, in four copies, for every transaction.

Earlier, the softex forms were required only for invoices exceeding $25,000. Few startups had a significant level of transactions of that size but when the central bank removed the floor, every software export transaction was targeted.

To file a softex form, a company has to fill in the details of the invoice, along with the contract or statement of work. The form can be downloaded from the RBI website and then four copies have to be made -- one for the Software Technology Parks of India which will certify the transaction, one for RBI, one for the startup's bank that receives the payment and one for the startup.

And in some cases the form, in its current avatar, simply can't be filled, as in the case of a startup selling an application on a Google or Apple Store, which has no contracts or invoices.



"This very frustrating. We have made representations to the RBI to explain to them that this is very onerous for a startup and we want them to restore the threshold because there are micro-transactions that are getting caught. We have asked them if the forms can be aggregated, so it can be filed once a month, or once a quarter. We are waiting for their decision," Ravi Gururaj, chairman of the Nasscom Product Council, told ET. Gururaj added that they were working with several startups and product companies that were facing problems in trying to comply.

RBI did not respond to an email sent on Tuesday seeking inputs for this story.

For startups that want to comply with the rule in its current form, the process is painstaking and adds costs. Just registering with the STPI costs a fee that is based on revenue.

"We have about 400 invoices a month that range in size from $2000-$30,000. I have to create 1600 forms, and each has to be signed. We are also starting a business when you can use our software for $10 a month, and we want thousands of customers. I will have to hire people just to finish these forms and then I will have to buy a truck to deliver them," Abhishek, a founder at a startup that develops applications for customers outside India, said.

He declined to be identified because his business is small and he did not want to offend the STPI or RBI.

A second startup founder said that while he knows about the circular, his bank doesn't.

"They only ask for Softex forms for invoices over $25,000. So, currently, it isn't a problem. But we know we are non-compliant. The problem is that in the current state, we don't know how to even become compliant with it becoming a big problem," Atul, who runs a small IT outsourcing firm, said.

Startups are now caught in a Catch-22 situation. They could either comply with the notification, inflating their costs, or they could postpone complying and face flags in the due diligence process when they try to raise funds.


Experts on Softex forms say that even larger companies are just beginning to comply with the circular that was sent about two years ago.

"We have clients that are just beginning to comply. But in defence of the central bank, they have tried to make the process easier by shifting it online. And they have been understanding and lenient when they see non-compliance. But saying you are ignorant of the rule is not an excuse," Divya Gupta, Director of Tax at consultancy KPMG, said. Gupta added that as yet there was not adequate knowledge about the rule change.

Penalties for not complying with rule come under the Foreign Exchange Management Act, which includes the potential for large fines.


 Source : http://articles.economictimes.indiatimes.com/2015-07-23/news/64772830_1_rbi-website-forms-ravi-gururaj


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Why RBI Simplified its procedure to submit export declaration form ?

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Why RBI Simplified  its procedure to submit export declaration form ?

RBI now introduced new guidelines and removed the difference between single/bulk submission of forms & large/small exporters to simplified procedure of Softex forms.

See New Procedure here ->> http://stpi-scheme.blogspot.in/2015/11/rbi-simplified-export-declaration_24.html


Reasons and concerns -

See this news :-

Are start-up complaints on RBI’s software export forms justified?

The paperwork for the dreaded SOFTEX form for start-ups isn’t as bad as it is made out to be

>>>> Start-ups are required to fill the so-called SOFTEX form for each individual export transaction and submit four copies of it, as mandated by RBI



Mumbai: On Thursday, the Economic Times reported a peculiar problem that the Indian start-up community is faced with and how that is turning into a nightmare.

The problem, as the report states, is that start-ups are required to fill the so-called software-export (SOFTEX) form for each individual export transaction and submit four copies of it, as mandated by the Reserve Bank of India (RBI). The mounting paperwork becomes too much for a nimble start-up to manage and therefore is leading to logistical issues.

An unnamed start-up executive was even quoted as saying that owing to the large number of invoices his company generates each month, he may need to employ someone solely to fill these forms and hire a truck to deliver them to the respective authorities.

Such a struggle, you’d think. In fact, the story generated some level of outrage over Twitter from those who understand the intricate nature of bureaucratic paper work.

@RMantri: It’s dumb, lazy and braindead regulations like these that destroy productivity for startups. http://j.mp/1gPpaOJ Drowned in paperwork.

@Kulpreetyadav: To fill forms for even $1 overseas sales by #startups is a serious headache. RBI needs to fix ceiling/ monthly form. http://m.economictimes.com/small-biz/startups/startups-balk-at-rbis-2013-circular-on-software-export-forms/articleshow/48180370.cms …

@nasscom: @RBI’s guideline of filling 4 copies of export form makes it difficult for #startups. We need the old cap of giving leeway upto 25K $ back.

But then we did a little digging into the dreaded SOFTEX that is eating away at the precious time of our start-up software exporters. Turns out, the paperwork isn’t as bad as it is made out to be. The following are a few facts we figured from just a basic reading of RBI’s guidelines in this matter.

•The requirement to fill such a form before any export transaction has been in practice since May 2000, when the first such form was introduced. This was applicable to any company which exported goods, including software, irrespective of the amount involved.

•In February 2012, RBI had allowed companies which file more than 600 SOFTEX forms a year to submit their papers on a monthly basis, rather than in individual transactions. This was specifically done to aid companies which recorded high volumes of export transactions in their business.

•The SOFTEX form in itself is a simple two-page form which requires the exporters to fill in details regarding the nature of the product being exported, their customers, the bank facilitating the financial transaction, the amount in the invoice and a few other essential details.

•The details of the form can also be filled on an excel sheet and submitted online to the nearest Software Technology Parks of India (STPI) in case of exporters who generate more than 600 SOFTEX forms annually. The STPI would then be responsible for sending copies to whoever is next on the mailing list. Any additional clarifications that the STPI might require regarding the transaction can be addressed within 30 days of the query from the agency.

Thus, managing paperwork for export transactions (which exporters are legally required to report to RBI) sounds less like a dreadful task and more like basic hygiene that a company dealing with foreign buyers would ensure in any case.


 Source : http://www.livemint.com/Opinion/Py0tQwwpjNxrYdQ1MZ4fKN/Are-startup-complaints-on-RBIs-software-export-forms-justi.html


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Andhra Pradesh - Three IT towers yet to take off in city

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Andhra Pradesh - Three IT towers yet to take off in city 


VISAKHAPATNAM: Even though the AP government has loudly proclaimed several times that the Port City will be developed as an IT destination, three proposed towers with a combined estimated cost of around Rs 360 crore for IT are yet to take off in Vizag.

The first tower to be mooted for IT was by the Software Technology Parks of India (STPI), which along with the Visakhapatnam Urban Development Authority (Vuda), was planning a domain specific innovation and incubation centre on IT/ITeS in marine, petroleum and power at Siripuram.

The proposal was first mooted by STPI in 2009, following which it approached Vuda to develop the tower on an area of around 2,571 square metres behind the existing Vuda building. According to initial estimates, the project is expected to cost around Rs 30-35 crore and comprise between 9 and 12 storeys with plug and play facility for small and medium enterprises.


On its part, the state is maintaining that the project is in place. "A Chennai-based consultant was roped in for preparing the detailed project report (DPR). The DPR is likely to be submitted to us in 40 days," said a senior Vuda official. "Based on the DPR, we will be taking up the project," he added.

The second tower proposed for IT was at the Visakhapatnam Special Economic Zone (VSEZ) premises in Duvvada. Incidentally, Union minister for commerce and industry Nirmala Sitharaman even laid the foundation stone for the tower in August last year, which is expected to cost around Rs 40 crore.

The IT tower was to come up over 2.5 acres with a plinth area of 1.09 lakh sft with plug and play facilities for IT firms along with two floors set aside exclusively for data recovery centres.

On this project, the state says the ball is in the centre's court. "The funds for the project have to be released from the union information technology ministry. We have already requested the ministry for funds to take up construction work of the project. Once the funds are released, then CPWD will take up work on the building," a VSEZ official said.

While these two towers are yet to take off, the third tower - IT Signature Tower - which was announced by chief minister N Chandrababu Naidu at the end of last year, is also yet to take flight.

While the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) roped in Jones Lang LaSalle (JLL) as a consultant for the project and the request for proposals was invited from prospective developers, it is yet to be finalised. The first phase of the project is estimated cost around Rs 291 crore with an area of 9.50 lakh sft including space for IT firms as well as retail space, food and beverage counters.

"The developer will be finalised on December 6," said an APIIC official, when asked about the status of the project.
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Centre gives nod to four new STPI units in Odisha

Last year, Centre had given in-principle approval for six new STPI centres for the state

In a major boost to Odisha's IT (Information Technology ) sector, Union Ministry of Communication and Information Technology has accorded final nod to four new STPI (Software Technology Parks of India) centres in the state.

In a letter to Union information and technology minister R S Prasad, oil minister Dharmendra Pradhan had recently demanded early approval of the four STPI units.



"The department of electronics and information technology (deity) under the ministry of communications and information technology has approved setting up of four new centres. We are yet to receive a formal communication. It is our biggest achievement", said Pranab Prakash Das, state IT minister.

The new centres will come up at Jajpur, Anugul, Koraput (Jeypur) and Sambalpur.

Last year, the Centre had given in-principle approval for six new STPI centres in Odisha. The sites selected were Jajpur, Sambalpur, Koraput (Jeypur), Angul and Kalahandi (Bhawanipatana). After that, the state had sent feasibility reports of five more locations barring Bhawanipatana for final approval.

With the addition of new STPI centres, the number of such centres in Odisha will now go up to eight. The four centres already established in the state are located at Bhubaneswar, Berhampur, Rourkela and Balasore.

Barring the Balasore unit, which is under construction, the other three centres are now operational and contribute the major chunk to the state's IT export basket. More than 100 IT units in the state are registered with STPI.

A provisional incubation facility at Balasore spreading over 5,000 sq ft is operational from a temporary campus. The Balasore centre will be a 20,000 sq ft facility built at a cost of Rs 10 crore in Bampada industrial estate.

The STPI centre in the coastal Odisha district will act as a resource centre for IT/ITes exporting units by offering general infrastructural facilities, ready to incubation space, high speed data communication (HSDC) with 100% uninterrupted data connectivity and other amenities required for export of software and services.

A total of 45 units have contributed to IT exports from the state during 2014-15. Of them, 42 units are registered under STPI and the balance are located in Special Economic Zone (SEZ). The IT export from Odisha was Rs 2,564 crore in 2014-15.

The STPI registered units have clocked export figures of Rs 2,077 crore while SEZ units exported Rs 487 crore worth of software. Among others, software majors Infosys, Tech Mahindra are registered with the STPI in Odisha.





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RBI simplified export declaration procedure (FEMA Forms) for all exporters

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RBI simplified export declaration procedure (FEMA Forms) for all exporters 

Software Export – Filing of bulk SOFTEX-further liberalisation

RBI/2015-16/231 A.P. (DIR Series) Circular No.27 November 05, 2015 To, All Authorised Dealer Category – I Banks Madam/ Sir Software Export – Filing of bulk SOFTEX-further liberalisation Attention of Authorised Dealers is invited to A.P. (DIR Series) Circular No. 80 dated February 15, 2012, A.P. (DIR Series) Circular No. 66 dated January 01, 2013and A.P. (DIR Series) Circular No. 43 dated September 13, 2013, in terms of which a software exporter, whose annual turnover is at least Rs.1000 crore or who files at least 600 SOFTEX forms annually on an all India basis, is eligible to declare all the off-site software exports in bulk in the form of a statement in excel format, to the competent authority for certification on monthly basis. 2. In order to provide benefits to small exporters also, it has been decided to extend this facility to all software exporters. Accordingly, all software exporters can now file single as well as bulk SOFTEX form in excel format to the competent authority for certification. The SOFTEX form is given at Annex I. Since the SOFTEX data from STPI/SEZ is being transmitted in electronic format to RBI, the exporters are required to submit the SOFTEX form in duplicate as per the revised procedure. STPI/SEZ will retain one copy and handover the duplicate copy to the exporters after due certification. 3. As hitherto, the software exporters can generate SOFTEX form number (single as well as bulk) for use in off-site software exports from the websitewww.rbi.org.in. In order to generate the SOFTEX number/s, the applicant exporter has to fill-in the online form (Path www.rbi.org.in ⇒ Forms⇒ FEMA Forms⇒ Printing EDF/SOFTEX Form No.). The specimen of the online form and the advice are given at Annex II. 4. The Foreign Exchange Management Act (FEMA),1999 requires exporters to complete the SOFTEX form using the number so allotted and submit it first to the competent authority for certification and then to the AD for further necessary action, as hitherto. 5. Authorised Dealers may bring the contents of this circular to the notice of their constituents concerned. The above instructions will come into force with immediate effect. 6. The directions contained in this circular have been issued under section 10(4) and 11(1) of the Foreign Exchange Management Act (FEMA), 1999 (42 of 1999) and are without prejudice to permissions / approvals, if any, required under any other law. Yours faithfully, (A K Pandey) Chief General Manager

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Kolhapur-based IT company wins award in Asia's largest expo

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 Kolhapur-based IT company wins award in Asia's largest expo



KOLHAPUR: A city-based IT firm, Trimetric Softwar Solutions, recently won best exhibitor award in Asia's one of the largest electronics and IT expo, CeBIT India 2015, in Bengaluru. The company won the award for its solution for motorbike and schools in the 'Make in India' category.

The expo is organized by Software Technology Park of India (STPI) with the Hannover Milano Fairs India Pvt Ltd, the Indian subsidiary of the global joint venture of Deutsche Messe (Germany) and Fiera Milano Group (Italy), every year.

Jaydeep Mohite, founder and chief operating officer of Trimetric, said the award is a big achievement for the company which is locally developing IT solutions primarily for motorbike and education purposes. "Our GPS Axis application won the best innovator award and STPI has further shortlisted 10 IT organizations for participation in CeBIT 2016 at Hannover, Germany to propel their access to global markets. Trimetric Software Solutions is one of them selected in those 10 startups to take their business presence from national exposure to international exposure," he said.


GPS Axis Application provides solution to stop vehicle and protects it from theft. It also helps the vehicle owner to assess the location of the vehicle through Google Map. Besides, Trimetric has also developed a mobile-like gadget for school-going children. "We have developed a special device using which children can call, send SMS to specific numbers. The device will work like a cellphone with limited applications in it," Mohite said.


News Source : TNN | Nov 5, 2015, 02.48AM IST


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Seventh Pay Commission: No Increment And Promotion Without Computer Test

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Seventh Pay Commission: No Increment And Promotion Without Computer Test

New Delhi: The Seventh Pay commission is planning to recommend computer literacy test mandatory for all central government employees to become eligible for annual increments and promotions.

Seventh Pay Commission Secretary Meena Agarwal


Pitching for Prime Minister Narendra Modi’s ambitious Digital India Programme, the pay commission is likely to move towards digital governance, which would not only ensure transparency but also bring accountability.

“We are giving importance to Digital India and want to move towards mobile governance, by which good governance will come naturally and there will be transparency and accountability,” once PM Modi said.

A pay panel official said that technology is needed to empower government employees. “India will not make progress till all government employees have computers knowledge. Computers knowledge will help the all employees in file circulation electronically leading to swift process and speedy decisions.”

He added that the pay panel likely to make passing computer test mandatory for all central government employees below the age of 50 for annual increment.

The official advocated, like the software in a computer needs to be updated, a government employee needs to constantly upskill himself to stay relevant. The skills that proved useful a few years ago may have become outdated now. The employees who are not able to adapt in a changing world are vulnerable. They may have sufficient skills to handle the present, but may not be able to handle the future needs of their office.

Accordingly, the pay panel is planning to advise the government to instruct all its employees to attend the compulsorily update computer training programme for getting promotions.

The Seventh Pay Commission, headed by Justice A K Mathur, was appointed by the previous UPA government in February 2014 and its recommendations are scheduled to take effect from January 1, 2016.

Meena Agarwal is the secretary of the Commission. Other members are Vivek Rae, a retired IAS officer of 1978 batch and Rathin Roy, an economist.

The Seventh Pay Commission was appointed for 18 months, its terms was extended in August 2015 by four months till December 31, 2015.

The government constitutes the Pay Commission almost every 10 years to revise the pay scale of its employees and often these are adopted by states after some modifications.

As part of the exercise, the Commission holds discussions with various stakeholders, including organisations, federations, groups representing civil employees as well as Defence services.

The Sixth Pay Commission was implemented with effect from January 1, 2006, the fifth from January 1, 1996 and the fourth from January 1, 1986.


News Source :



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CeBIT 2016 edition to focus on digitisation

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 CeBIT 2016 edition to focus on digitisation

Bengaluru,Oct 31, 2015,


More number of startups are expected to attend next year’s CeBIT to be held in Hannover from March 14 to 18, 2016, said Jan-Hendrik Tiedje, Key account manager of Deutsche Messe. Speaking on the sidelines of CeBIT India 2015, on Friday, Tiedje emphasised the need for digitisation and stated that it is the need of the hour.

He also emphasised on the importance of Keynote topics for the success of CeBIT. Next years’s CeBIT will focus on digital economy. 

“The focus is also on the financial technology sector. Sergio Ermotti, Group CEO of UBS, is one of the attendees for the next year’s event,” Tiedje said, adding Switzerland is the partner country in the upcoming CeBIT Hannover. He also assured the promotion of Indian MSME sector with delegations from Kerala, Odisha, UP and Gujarat making their foray into the  European market.

Priya Sachdeva, Project Manager of HMFI, highlighted the importance of Electronics and Computer Software Association (ESC) in providing large amounts of subsidies to small scale businesses for their participation in CeBIT. Commenting on the importance of growth talks, a new concept in India, Priya added that they are committed to the promotion of entrepreneurial spirit in India. While highlighting the importance of CeBIT, Girish Babu, CEO of Technopark, said that CeBIT gives aspiring entrepreneurs a global overview of the market place.

Arbind Prasad, Director General FICCI, said that FICCI would be managing the India Pavilion on behalf of the Government of India in the upcoming CeBIT. FICCI will be supported and funded by the Department of Industrial Policy Promotion and Department of Electronics and IT, he added



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Manufacturing startups shine at CeBIT, seek funds

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 Manufacturing startups shine at CeBIT, seek funds




KT Rama Rao, Minister for IT, Telangana, speaking at the inaugural speaker at CeBIT 2015, BangaloreKT Rama Rao/Twitter
Indian manufacturing startups operating in the space of vision inspection system, data monitoring and control and advanced Point of Sale (POS) solutions are vying for attention and funding at the software industry-dominated CeBIT.

Vision inspection system and self-learning system machines manufacturing startup Maxerience aims to automate quality control in dynamic manufacturing with its machines, said founder Pradeep V.S.R. Pydah.



"Maxerience takes the photograph of a perfect product (Golden reference) and compares the quality of subsequent products for quality and pinpoints defects," he said, adding one of their clients manufactures 12,000 remote control key pads every day and employs four people to physically check for defects - a task which they have automated.

Some of the technologies deployed by Maxerience are machine learning, motion control electronics, computer vision and mechanical design among others.

Self-funded Maxerience has four customers including a Fortune 50 company. It is also selling vision inspection systems for electronics manufacturing and 3D printing companies in South Korea.

Self-funded three-year-old Data Monitoring and Control startup EMNICS makes systems for industrial data monitoring and failure detection, said its founder Jegajith P.T., saying their technology can be used by a a power plant company with operations in remote areas to monitor its machines remotely and avert failures.

Currently operating with eight employees, EMNICS aims to focus on Internet of Things (IoT) security in the future.

Easy Design Solutions is another hardware startup showcasing its Point of Sale (POS) products at India's largest software fair.

Its founder Soundararaj R. Damodharan said, "There are so many POS machines in the market now, but many of them lack advanced features like Cloud integration, ERP integration, online report generation, remote inventory management and advanced authentication mechanism among others. These are all packed in our POS machines."

Damodharan is seeking funding and marketing guidance from VCs, Angels and mentors.

However, one common fundamental pain point highlighted by the manufacturing startups is lack of funding and venture capital enthusiasm for manufacturing startups India.

"Everybody brags and exaggerates funding for software and e-commerce startups while ignoring manufacturing and hardware startups. The heart and soul of aMake in India' and 'Digital India' is manufacturing... just check how much of funding trickled down to manufacturing startups," questioned a hardware startup founder who did not wish to identify himself.

"I had to incorporate my startup in the US as I did not get sufficient encouragement in India. Not everybody can do that," he added.

V. Mahadesha, additional director, Software Technology Parks of India (STPI), said: "Nationalised banks like SBI and others must give collateral free funding to manufacturing startups, which should not be harassed even if they fail."

Another reason he cited for the lack of enthusiasm is the duration it takes for a hardware startup to break even.

Like any manufacturer, manufacturing startups have to bear the expenses of power, machines, building and others to name a few.

Nearly 20 manufacturing startups are showcasing their wares at CeBIT with support from STPI.


News Source : Ibtimes ( 31/10/2015)



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Bengaluru host CeBIT India 2015

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 Bengaluru host CeBIT India 2015

The second edition of global IT event CeBIT India 2015 will start off on Thursday at Bangalore International Exhibition Centre (BIEC) on the city's outskirts.

"India is fast emerging as the global destination for cutting-edge innovation and through our show (CeBIT 2015) we aim to showcase the brilliance of Indian ideas to the global community," said Mehul Lanvers Shah, MD of Hannover Fairs India, the event organiser, in a statement.

At least 10,000 visitors are expected to attend the three-day event from October 29 with about five percent of them originating from abroad.

Along with 100 MNCs, 380 firms, 150 delegates have already confirmed their participation for CeBIT India 2015.

GPS enabled applications, cloud computing applications, motorbikes incorporating innovative automation technology and a human resources mobile app linking job seekers and employers through GPS will be launched by startups at the event.

State-run Software Technology Parks of India (STPI) has partnered with Hannover Milano Fairs India to provide a platform for nearly 100 Micro Small and Medium Enterprises to mark their presence at CeBIT India 2015 to showcase their products and solutions.

From the participating MSMEs, 10 will be shortlisted for participation in the premier CeBIT Hannover 2016 in Germany to propel their access to global markets.

CeBIT Global Conferences (CGC) is a special feature of CeBIT India 2015, it features 30 sessions featuring 80 Indian and international speakers talking on digital disruption and related opportunities in a spectrum of industries.

Emphasising on CBC central theme Diconomy, industry leaders will speak on Innovating for Digital India, Digital Disruption in Financial Sector, Next generation connectivity - making 4G Real, The Future of Work, IT: The Power behind Energy, Diconomy - The shared economy - making it all work together, IoT - How smart products are transforming industries and Industry 4.0 - Manufacturing goes Digital.

Kerala is partnering CeBIT India 2015 as the Digital Foundation Partner. The department of Information Technology, Kerala and CeBIT will together promote 'Digital India'.

CeBIT India 2015 will house a special pavilion Kerala showcasing the state's IT capabilities.

"We are happy to partner with CeBIT for the second time, after a successful association last year. Through the show's global platform, we hope to play a significant role in the Digital India campaign, and generate more than 40,000 direct and over 1.6 lakh indirect employment opportunities," said Girish Babu, CEO, Technopark, Kerala in a statement.

Telangana minister for IT and Panchayat Raj K. Taraka Rama Rao, T. K. Ramachandra, IT secretary, Tamil Nadu and Ajay Kumar, additional secretary, Department of Electronics and Information Technology (DeitY) are the keynote speakers at the event inauguration on Thursday.

Being organised since 1999, CeBIT is one of the largest and most international computer expos. Deutsche Messe AG (German Trade Show, Inc.) organises similar ICT expositions bearing the brand name CeBIT in Australia, Turkey and Brazil.

Deutsche Messe AG introduced CeBIT in India in 2014 customised to suit Indian IT industry needs and demands, CeBIT India 2014 hosted 9,311 business buyers over three days in November 2014.



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Second edition of CeBIT

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 Second edition of CeBIT 

The second edition of CeBIT India, a leading IT event, organised by Hannover Milano Fairs India, opened here on Thursday.

Various small and medium industries, large IT companies, start-ups and other States are participating in the three-day event that will bring digital solutions marketplace under a single roof.

Around one-fourth of the total participants are from Karnataka. As many as 21 States, including Odisha, Kerala, Jammu and Kashmir and Telangana, are participating in the event. The organiser said that he got overwhelming participation from the Union government.In the first edition of the event last year, CeBIT had partnered with State government’s ITE.biz. However, this year, the government has decided to organise ITE.biz separately. When asked about the government’s absence, Mehul Shah, Managing Director, Hannover Milano Fairs India said, “The disagreement with the government over CeBIT India 2015 participation was purely on clash of interests, and there is nothing more.”He said, “CeBIT India is a purely business-to-business meeting and the State government wanted the event to be an investors’ meet for which CeBIT said it was not their strategy.”

Replying to a query on not inviting government’s representatives, Mr Shah said, “CeBIT India sent an invitation to Ministers, department heads and other officials.” To a query on the venue next year, he said, “That will be discussed after getting inputs from the participants and business community with whom CeBIT India is associated.”



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Hardware startups lament lack of funding

BENGALURU: Indian manufacturing startups operating in the space of vision inspection system, data monitoring and control and advanced Point of Sale (POS) solutions are vying for attention and funding at the software industry-dominated CeBIT.

Vision inspection system and self-learning system machines manufacturing startup Maxerience aims to automate quality control in dynamic manufacturing with its machines, said founder Pradeep VSR Pydah.

"Maxerience takes the photograph of a perfect product (Golden reference) and compares the quality of subsequent products for quality and pinpoints defects," he said, adding one of their clients manufactures 12,000 remote control key pads every day and employs four people to physically check for defects -- a task which they have automated.

Some of the technologies deployed by Maxerience are machine learning, motion control electronics, computer vision and mechanical design among others.

Self-funded Maxerience has four customers including a Fortune 50 company. It is also selling vision inspection systems for electronics manufacturing and 3D printing companies in South Korea.
Self-funded three-year-old data monitoring and control startup EMNICS makes systems for industrial data monitoring and failure detection, said its founder Jegajith PT, saying their technology can be used by a power plant company with operations in remote areas to monitor its machines remotely and avert failures.

Currently operating with eight employees, EMNICS aims to focus on Internet of Things (IoT) security in the future.

Easy Design Solutions is another hardware startup showcasing its Point of Sale (POS) products at India's largest software fair.

Its founder Soundararaj R Damodharan said, "There are so many POS machines in the market now, but many of them lack advanced features like cloud integration, ERP integration, online report generation, remote inventory management and advanced authentication mechanism among others. These are all packed in our POS machines."

Damodharan is seeking funding and marketing guidance from VCs, Angels and mentors.
However, one common fundamental pain point highlighted by the manufacturing startups is lack of funding and venture capital enthusiasm for manufacturing startups India.

"Everybody brags and exaggerates funding for software and e-commerce startups while ignoring manufacturing and hardware startups. The heart and soul of Make in India' and 'Digital India' is manufacturing... just check how much of funding trickled down to manufacturing startups," questioned a hardware startup founder who did not wish to identify himself.


News Source : Time of India (31st Oct. 2015)


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Startups from less IT-popular states represented at CeBIT

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Startups from less IT-popular states represented at CeBIT


As many as 11 IT startups from Indian states less popular for IT industry marked their presence at the three-day CeBIT India 2015 exposition propelled by Software Technology Parks of India (STPI).

The represented states included Rajasthan, Sikkim, Goa, Assam, Uttarakhand and Jammu and Kashmir (J&K).

Jammu and Kashmir-based five-year-old consultancy and web development startup LeLafe connected with many vendors at CeBIT, said Zeeshan Khan from LeLafe.

“It is very hard for IT companies to boom in J&K, government should help us. At CeBIT, I interacted with many other vendors opening up possibilities for collaboration, projects and resources,” Khan said.

With clients in the Middle East, the UK and the US, LeLafe also counts Jammu and Kashmir University as its client for which it executed an exam enrollment project.

“The Jammu and Kashmir government should encourage startups by giving state government projects to startups rather than outsourcing them,” Khan added.

Occupying a six square foot stall at Make in India pavilion freely provided by STPI, startup Bharatm Data’s S.Raman Prakash interacted with more than 150 clients of which 50 exhibited promise.

Dehradun, Uttarakhand-based Bharatm Data operates in the space of digitizing physical books into e-books and creating paperless business cards using QR codes.

“It is very pleasing to see these startups come from tier 2 and tier 3 cities from less IT popular states in India. The growth of IT industry is dependent on innovative startups. It is already high time that India should focus on building IT products than services, IT products increase revenue in leaps and bounds,” said Prabir K. Das, director, STPI.

Webx Technologies from Assam, Demi Solutions from Sikkim, Yusata Infotech and Neerja Software from Rajasthan and Umang Software Technologies from Goa are some other startups which showed up at CeBIT India 2015.

However, Infosystems & Solutions, the lone startup from Bihar missed the CeBIT India 2015 bus by being absent and leaving its allocated stall vacant for the entire three days.

Also, one more startup each from Sikkim, Orissa and Punjab also did not show up and left their space vacant while Karnataka occupied the lion’s share of the exhibition space by fielding 24 startups and MSMEs.

“STPI paid Rs.55,000 for each stall to CeBIT to enable these startups to showcase themselves. More than 100 stalls have been setup,” added Das.

Of the more than 100 MSMEs and startups roped in by STPI, 10 have been shortlisted from all the nine STPI jurisdictions to appear at CeBIT 2016 in Hannover for business development and finding additional markets.

Emnics Technologies, Vidushi Infotech SSP, Easy Designs Systems, iView Labs, Webx Technologies (from Assam), Linkwell Telesystems, Trimetric Software Solutions, Scientech Technologies, Thinkpalm Technologies and Webtown Solutions are the selected 10 startups.

“We will take the selected 10 startups from national exposure to international exposure,” added Das.

IANS


 News Source : Firstpost (01/11/2015)

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