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Centum Electronics acquires French Adetel Group

Purva Marwaha - 27-juin-2016 11:58:16

Centum Electronics acquires French Adetel Group   NEW DELHI: Bangalore-based Centum Electronics has announced its acquisition of Adetel Group of France. Adetel specializes in design, development and industrialization of embedded electronic systems for defence, aerospace, industrial, transportation, medical and energy sectors. Centum Electronics will hold 51% percent controlling stake in Adetel Group. At the launch announcement, Apparao Mallavarapu, Chairman and Managing Director – Centum Electronics said “The acquisition now makes Centum Electronics one of the forerunners in the market, enhancing the company’s already expanding growth and performance. Adetel brings in excellent services and an established customer base. This would be a pioneer step into entering new markets, giving us enormous opportunities since we have a very unique proposition of design and hightech manufacturing capabilities. This is also in tune with Prime Minister Modi’s vision of Make in India initiative.” Francois Sebes, CEO of Adetel, said “I firmly believe that the strengthening of the capital base with a recognized Indian group such as CENTUM is a great opportunity for the development and growth of Adetel Group. I can see several major industrial interests, first of all the presentation of an integrated vertical offer in our company’s core business markets: Aeronautics, Defense, Medical, Transport and Industrial. Secondly, this is time for a local presence – we will open a group subsidiary in the Indian continent where CENTUM is a key player. Thanks to a commercial and customer portfolio complementarity, Adetel is consolidating its position towards its main customers. Becoming a supplier associated with a bigger group, Adetel will be capable of assisting its clients and partners in their own development strategy across global markets.” The new partnership translates to greater international presence for the group, both in terms of operations and scale for its products, technologies and competencies. The group can leverage on the high technology capabilities and creativity of Adetel along with the cost competitiveness of India and Centum in particular to increase their market share in global markets. Apparao added “This acquisition is a result of perfect synergies between two companies, ensuring greater value creation for our customers. We can now accelerate growth, fill product portfolio gaps, improve our market position, benefit from the use of even more advanced technology and of course, establish a wider, more international presence in operations and sales with facilities in France, Canada, US and Morocco.”   Source:  http://www.voicendata.com/centum-electronics-acquires-french-adetel-group/

French Government kicks off French Tech Ticket - Season 2

Purva Marwaha - 27-juin-2016 06:18:00

French Government kicks off French Tech Ticket - Season 2, an opportunity for Indian early-stage startups to grow internationally from France.   After a promising Season 1, which saw over 1,300 applications from around the World and welcomed 23 startup teams in Paris including 2 startups from India, the French Tech Ticket is back. For this 2 nd session, 70 projects will be selected to join, as of January 2017, 41 partner incubators all over France!   Led by the French Government, the " French Tech Ticket " program consists in providing a “welcome pack” to entrepreneurs across Tech-intensive sectors (ICTs, Internet / Mobile, FinTech, HealthTech, BioTech, CleanTech, Aerospace, FoodTech…) from all over the world looking at setting up or scaling up innovative startups in France.    The call for applications for the 2017 promotion has been launched on the 21 st of June, 2016 and will end on the 24 th of August, 2016.   What’s in it for French Tech Ticket winners?                                                                              The laureates will benefit from a welcome package which includes: -           a prize money / funding of EUR 45,000 per project with no loss of equity, -           a fast-track procedure to obtain a French resident permit, -           a 12-month free office space in one of the 41 partner incubators, -           a dedicated acceleration and mentoring program, -           a soft landing pack to help you relocating easily to France, -           and a help desk to help you with administrative procedures. Learn more about the program at https://youtu.be/l01C_xOxKwE and apply from now at the following link: www.frenchtechticket.com    

Westinghouse to relocate planned nuclear plant to Andhra Pradesh

Purva Marwaha - 14-juin-2016 14:01:49

Westinghouse to relocate planned nuclear plant to Andhra Pradesh Toshiba Corp’s Westinghouse Electric will relocate a planned project to build six nuclear reactors in India, said officials, bringing the first deal stemming from a US-India civil nuclear accord struck over a decade ago closer to reality. The six AP-1000 reactors would be built in Andhra Pradesh after the original site proposed for the multi-billion-dollar project, in Gujarat, faced local opposition.   Russia’s Rosatom operates two reactors at Kudankulam, in Tamil Nadu, while France’s EDF signed a preliminary deal with the state-owned Nuclear Power Corporation of India (NPCIL) in January to build six reactors at Jaitapur, Maharashtra.   Source: Reuters | May 31, 2016, 03.54 PM IST   http://timesofindia.indiatimes.com/india/Westinghouse-to-relocate-planned-nuclear-plant-to-Andhra-Pradesh-officials-say/articleshow/52519958.cms

US-based Westinghouse to build 6 nuclear power plants in IndiaUS-based Westinghouse to build 6 nuclear power plants in India

Purva Marwaha - 14-juin-2016 13:56:38

US-based Westinghouse to build 6 nuclear power plants in IndiaUS-based Westinghouse to build 6 nuclear power plants in India During the recent visit of Mr. Narendra Modi to the US, the Nuclear Power Corporation of India and US firm  Westinghouse  have agreed to begin engineering and site design work immediately for six nuclear power plant reactors build six AP-1000 pressurized water reactors, each with a design capacity of around 1,100 megawatts (AP-1000 pressurized water reactors, each with a design capacity of around 1,100 megawatts) in India and conclude contractual arrangements by June 2017.   The two leaders also discussed their intentions of have an Indo US Export-Import Bank to work together toward a competitive financing package for the project. Once completed, the project would be among the largest of its kind, fulfilling the promise of the US-India civil nuclear agreement and demonstrating a shared commitment to meet India’s growing energy needs while reducing reliance on fossil fuels. The White House said the steps that the two governments have taken in the last two years through the US-India Contact Group, including by addressing the nuclear liability issue, inter alia, through India’s ratification of the Convention on Supplementary Compensation for Nuclear Damage, have laid a strong foundation for a long-term partnership between US and Indian companies for building nuclear power plants in India.   Source: PTI | Jun 7, 2016, 11.34 PM IST http://timesofindia.indiatimes.com/india/US-based-Westinghouse-to-build-6-nuclear-power-plants-in-India/articleshow/52644065.cms    

FRENCH TRANSPORTATION OFFICIALS IN INDIA TO STRENGTHEN TIES AND COLLABORATION WITH INDIAN STAKEHOLDERS

Purva Marwaha - 03-juin-2016 12:31:35

  FRENCH TRANSPORTATION OFFICIALS IN INDIA TO STRENGTHEN TIES  AND COLLABORATION WITH INDIAN STAKEHOLDERS    An official delegation INCLUDING French members of parliament and TOP MANAGEMENT FROM SNCF (French Railways) VISITED Delhi’s metro and heavy rail operations on June 2 and 3. several meetings were held with senior indian executives TO EXAMINE best practices IN the fields of URBAN MOBILITY AND RAILWAY STATION moderniZation.   The delegation’s programme included sessions with officials from DMRC, Indian Railways, Shri Suresh Prabhu, Union Minister for Railways, and the Indian Parliament’s Committee on Railways. The French MPs awarded the French Senate’s Medal of Honour to these Indian transport companies. The delegation also visited Delhi’s state-of-the-art metro system and NDLS train station.   INDO-FRENCH SEMINAR An Indo-French Seminar on Sustainable Mobility took place on Friday, June 3 in New Delhi, with keynote speakers from both countries sharing expertise in urban mobility, mass transit and station modernization. These experts addressed ways of improving public transport in Indian cities, citing governance and business models, intermodality and station upgrades.   Addressing the audience at the Indo-French Seminar on Sustainable Mobility, Mr. Diego Diaz, SNCF International Director, said: “We share with our friends at Indian Railways the same passion for improving people mobility. We are impressed by the speed of innovation in India and by the many projects taking shape in the country.”   Speaking on the development of urban mobility, Mr. Bernard Tabary, CEO International at SNCF’s urban transportation subsidiary Keolis, said: “With six metro systems already operating, eleven under construction and forty more planned, India is fast enhancing the attractiveness and liveability of its cities. The combination of Indian innovation and longstanding French expertise in mass transit experience can deliver value by adding features to some of these projects.”       Prof. S.Prakash, TERI University, emphasized the need for greater cooperation particularly in areas of providing seamless mobility across the different transport modes. « There should be also a collaborative effort for devising IT enabled techniques for metro and other public transport systems that encourages introduction of a single ticket across different transport modes in metropolitan cities » he added.   SNCF Group in India SNCF has been operating in India for several years now and boasts a strong presence in the country, with over 1,700 employees at its subsidiaries Systra and Geodis, and, more recently, AREP and Keolis.   Keolis will soon be running Hyderabad’s future elevated railway (with 71 km of track). In 2012, the concessionaire, Larsen & Toubro, India’s leading engineering and construction firm, awarded Keolis the operations and maintenance (O&M) agreement for this PPP metro network, the world’s largest to date.    Systra has been engaged for several years in engineering and/or project management work on various phases of metro projects in Delhi, Ahmedabad, Mumbai, Bangalore, Hyderabad, Lucknow, Kolkata and Nagpur. In 2009, Systra conducted a feasibility study for the Pune-Mumbai-Ahmedabad high-speed rail (HSR) corridor. Systra has now completed the pre-feasibility study for the Delhi-Chandigarh-Amritsar HSR corridor (450 km) and at the end of 2015 started a pre-feasibility study for the Mumbai-Chennai HSR corridor. Systra is also involved with engineering and construction supervision on several hundred kilometers of Indian Railways’ Dedicated Freight Corridors. In 2014, the company acquired SAI, based in Ahmedabad, an engineering consultancy firm specialized in transport , with a particular focus on project management and construction supervision.   Geodis Wilson provides transport and logistics services to clients in India through a nationwide network of offices (with 3 00 employees).    In January 2016 , SNCF teamed up with Indian Railways (IR) to study renovation of two stations between New Delhi and Chandigarh, in the second phase of the Protocol on Cooperation signed by the two rail companies in April 2015. Under that Protocol, SNCF and Indian Railways entered into a preliminary agreement in December 2015 to carry out the feasibility of upgrading the Delhi-Chandigarh passenger line to accommodate semi-high-speed trains.                  

OFFRE DE STAGE DE FIN D’ETUDES (6 MOIS) EN INDE

Sylvain Biard - 17-mai-2016 09:42:52

Chargé(e) de Mission « French Tech Tour Inde 2016 » Du 15 juin au 14 décembre 2016 Poste basé à Bombay Business France Inde  organisera du 24 au 28 octobre 2016 à Bangalore, Bombay et Delhi, la première édition de son « French Tech Tour Inde 2016 », événement phare du pôle Tech & Services de Business France Inde, qui vise à : 1. Sélectionner une dizaine de start-up françaises parmi les plus innovantes pour les accompagner dans leur ambitions de développement sur le marché indien. 2. Promouvoir l’écosystème de la «  French Tech » et le programme «  French Tech Ticket » auprès de l’écosystème de l’ « India Tech » (start-up, grands comptes, incubateurs et accélérateurs, VCs, médias, etc.) pour renforcer les relations entre les 2 écosystèmes. Dans ce cadre, Business France Inde recherche un(e) Stagiaire « Chargé(e) de Mission French Tech Tour Inde 2016 » basé au sein de son bureau de Bombay. Ce(tte) Chargé(e) de Mission sera placé(e) sous la responsabilité et supervision du Directeur de Bureau Business France de Bombay et Chef de Pôle Tech & Services, pilote de ce projet. Principales missions : - Coordonner, de manière générale, l’organisation du « French Tech Tour Inde 2016 » avec les équipes du pôle Tech & Services de Business France Inde et les autres services concernés (PROCOM, Invest, etc.). - Contribuer à promouvoir cet événement auprès des start-up françaises et de leur écosystème, dans le but de mobiliser une délégation de start-up françaises la plus pertinente possible. - Contribuer à promouvoir cet événement auprès des acteurs économiques et de l’écosystème de l’India Tech », dans le but de promouvoir la « French Tech » et favoriser les rapprochements entre entreprises françaises et indiennes. - Organiser les sous-événements composant le « French Tech Tour Inde 2016 » (rencontres d’affaires, sessions de pitchs, cocktails, etc.). - Coordonner la bonne organisation des programmes de mission des start-up françaises sélectionnées, etc. Le/a Chargé(e) de Mission pourra également contribuer à d’autres initiatives et actions du pôle Tech & Services de Business France Inde, notamment à l’issue du « French Tech Tour Inde 2016 ». Profil recherché : Candidat issue d’une école de commerce / IAE (Master 2) ou école d’ingénieurs. - Parfaite maîtrise de l’anglais à l’écrit comme à l’oral. - Culture du résultat. - Fibre commerciale. - Capacité à travailler en équipe et excellent relationnel. - Sens des responsabilités, disponibilité et proactivité. - Capacités d’organisation et d’analyse. - Maîtrise de la suite Microsoft Office. Toute première expérience (stage) au sein d’une entreprise de la « French Tech » constituera un plus. Indemnités : Barème légal 2016, avec possibilité de prime de résultats. Contact : Tout dossier de candidature comprenant CV et lettre de motivation doit être adressé d’ici au 25 mai 2016 au plus tard à : M. Sylvain BIARD, Chef de Pôle Tech & Services : sylvain.biard@businessfrance.fr * * * * * Cette mission, à mener à bien dans le cadre des missions générales incombant aux bureaux Business France, nécessitera des échanges réguliers avec nos collègues du Département Tech & Services au siège de Business France et dans nos autres bureaux à l’étranger ainsi qu’avec des partenaires industriels (fédérations professionnelles, pôles de compétitivité, clusters, etc.). A propos de Business France et Business France Inde : Les bureaux Business France sont les relais à l’étranger de Business France, l’Agence française pour l’internationalisation de l’économie française (1 500 salariés, en France et dans 72 pays), avec une triple mission : - Export : accompagnement des entreprises françaises sur les marchés extérieurs et promotion des exportations françaises ; - Invest : promotion et facilitation des investissements internationaux en France ; - Promotion-Communication (PROCOM) : promotion de l’image business de la France à l’étranger à travers la conduite de campagnes du type « Créative France ». S’agissant du Département Export de Business France et des équipes Export à l’étranger, ils ont pour vocation : - le recueil et l’analyse d’informations sur les évolutions sectorielles et réglementaires des marchés export ; - l’accompagnement des exportateurs et des investisseurs français sur les marchés extérieurs (diffusion d’information, réalisation d’études de marché, mise en contact avec des prospects et partenaires potentiels, recherche de débouchés, accompagnement en matière d’accès aux marchés ou de communication à l’international, etc.) ; un soutien spécifique étant apporté aux PME et ETI à fort potentiel d’internationalisation ; - la promotion du savoir-faire, des produits et des technologies français au travers de l’organisation de pavillons France sur des salons internationaux, de colloques techniques, mais aussi par des actions de communication dans la presse étrangère spécialisée. L’équipe de Business France en Inde (qui a également compétence sur le Bangladesh, le Pakistan et le Sri Lanka par le biais de partenaires dans ces pays), est constituée d’environ 35 salariés répartis dans les 4 bureaux Business France en Inde (New Delhi, Bombay, Bangalore et Chennai). Plus spécifiquement, l’équipe Export s’organise autour de 4 pôles sectoriels (AGROTECH, Industries & Cleantech, Art de Vivre - Santé, Tech & Services) et un pôle transversal (Services aux Entreprises : informations et accès marché, gamme de communication et relations presse, promotion et suivi de la formule VIE).

V.I.E contract in India corresponds to the needs of exporters and is now more flexible

Purva Marwaha - 13-mai-2016 13:00:43

V.I.E contract in India corresponds to the needs of exporters and is now more flexible Extended to two years from January 2016, the maximum duration of contracts are now perfectly suited to the requirements of the Indian market. It’s official: the annual quota of V.I.E (International French Volunteership) in India has increased to 250 (against 50 previously) and the maximum length of stay extended to two years (instead of one year). Announced in Paris in April 2015 during the visit of Indian Prime Minister Narendra Modi, the new terms were approved after the state visit of François Hollande in January 2016 and are now effective. According to Thibaut Fabre, Director of Business France India, it is an opportunity to grab for the French companies: "It is now very easy to use this beneficial device that combines all the assets to succeed in India: a flexible HR formula, competitive and that can rely on highly qualified profiles. An Indian market where the business environment requires a long-term investment, V.I.E becomes one of the most appropriate tools to put its commercial development over time. " India’s thriving economy This relaxation takes place in a conducive environment: seventh world economy, becoming the most populous country in the world (2025), India has the highest rate of growth of the BRICS: + 7.5% are expected in 2016, according to IMF data. "More than ever, this country-continent becomes a land of conquest for French companies. It is all the more attractive and is positioning itself as a platform to export in Asia and beyond, "says Thibaut Fabre. Talented, creative and autonomous The profiles of the most sought V.I.E are those young graduates specializing in engineering, finance, project management, implementation of quality policy or commercial development. "Candidates should also know exercise of autonomy, creativity and a strong ability to adapt. It is crucial for success in this unique market overseas export, "says Thibaut Fabre. This program, better known by the companies also allows them to sustain their presence after a first commercial success. The young graduate is both a local support and a gateway to the headquarters, said Business France. This is what motivated the engine manufacturer Leroy Somer. For Leroy Somer, the V.I.Es are a nursery of talent involved in international development: "The V.I.E allows better communication with our factories in France. They provide the relay with local teams and help us to realize the projects we could sometimes not start without them. " If the company does not have its own offices yet, the V.I.E may receive a direct debit via ad hoc platforms, such as the Chamber of Commerce Franco-Indian. These accommodations make life easier for the company and is an asset for French SMEs in their efforts to export.   Six key areas to target the Indian market - Sustainable development: renewable energy, smart cities, waste treatment, ... - Health: hospitals, modernization of equipment, access to care ... - Automotive: reminder, India is the 6th world producer of cars - Food: equipment, packaging, storage, ... - Consumer goods: textiles, leather goods, luxury ... - Internet and digital e-commerce, Internet of Things, solutions and services on the internet and mobile telephony, FinTech, RetailTech, e-Health: a rapidly growing sector, ...

About
Thibaut Fabre, Country Head   Welcome to the French Trade Commission Business France in India!   Our key mission is to promote trade relations between France and India . We assist French-based companies seeking potential partners and new markets in India, while helping Indian businesses to identify potential French suppliers and technical partners.   In India, our 4 offices are located in the business hubs of New Delhi, Mumbai, Bengaluru and Chennai. We have a dedicated multicultural team of over 30 experts in the following growing sectors: - Agro-business; - Lifestyle, Consumer Goods and Healthcare; - Infrastructure, Transport and Industry; - ICTs, Retails and Services.   Our Trade Commission also has a Press office in charge of helping French companies to communicate in India as well as a Market Access Department enabling them to better understand and adjust to the Indian regulatory and fiscal framework.  

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