ICT and Services

Apple to move the manufacturing of iPhone X from China to India

Jean-François Ambrosio - 18-févr.-2019 07:51:53

  The trade war between China and the United States is pushing Apple Inc. to reconsider its production strategy.   Anticipating a possible embargo for chinese products to the USA, Apple Inc. will begin assembling its top-end iPhones in India, instead of assembling in China, through the local unit of Foxconn Technology Co. Ltd as early as 2019, the first time the Taiwanese contract manufacturer will have made the product in the country.   The work will take place at Foxconn’s plant in Sriperumbudur, Tamil Nadu and will invest ₹ 2,500 crore to expand the plant, including investment in iPhone production creating 25 000 jobs.  


Revised Foreign Direct Investment Policy to Rejig the E-Commerce Playing Field in India

Jean-François Ambrosio - 18-févr.-2019 07:49:14

  Revised Foreign Direct Investment Policy to Rejig the E-Commerce Playing Field in India   Key aspects of the revised policy and what it means to retailers and consumers in India :     • E-commerce marketplace operators cannot mandate exclusivity — i.e. they cannot ask sellers to sell particular products exclusively on their platforms.   • If an e-commerce marketplace has an equity stake in a retailer, that retailer cannot sell its products on the marketplace.   • A marketplace operator and its group companies that provide services, such as logistics and warehousing, need to provide them on the standardized terms to vendors.   • Ecommerce entity providing a marketplace will not exercise ownership or control over the inventory i.e. goods purported to be sold. Such an ownership or control over inventory will render the business into inventory based model. Inventory of a vendor will be deemed to be controlled by e-commerce marketplace entity if more than 25% of purchases of such a vendor are from the marletplace entity or its group companies.   As per JP Morgan, Amazon’s total India revenue could be cut abruptly at the end of March 2020 due to the new policy against original estimates. Also, as per the estimates Walmrt owned Flipkart would be forced to remove 25% of products, causing a 40% slowdown in revenues. In addition, Amazon and Walmart-owned Flipkart have asked the government to extend the February 1 deadline to comply with recently announced changes.


The French expertise in Cyber-Security

Sophie Canciani - 07-juin-2018 05:50:08

  The last past year, Cyber-security has become a world booming industry. India is no exception given the various security breaches during India’s ongoing digital transformation.   In this context, companies need strong expertise in Cybersecurity. Efficient IP and Systancia belong to one of the most dynamic and diversified ecosystems in Europe and the word.   The two French companies were present during the IT-SA India French Delegation in Mumbai from the 24th to 25th May 2018 as part of the France Cyber Security label which was launched recently to promote the French expertise in cybersecurity on a national and international level.    Efficient OP and Systancia are two innovative French companies that succeeded in the Indian Market where cyber security became more and more critical every day.   Efficient IP is one of the world’s fastest-growing DDI vendors. The company helps organisations drive business efficiency through agile, secure and reliable network infrastructures. They also control the risks and reduce the complexity of challenges many companies face with modern key IT initiatives such as cloud applications, virtualisation, and mobility.   Systancia is a recognised European Software vendor in virtualisation, security, and digital confidence, offering the next generation of application delivery infrastructure, focused on users and security: SBC and VDI, external access security, Privileged Access Management (PAM), SSO and identity and Access Management (IAM).   To showcase the French know-how, quality and the tenacity of cyber-security solutions and technology the French delegation will be present in October 2018 in Mumbai, Bangalore and Delhi. Your contact : Mr Jean-François Ambrosio Head of Tech & Services Business France jean-francois.ambrosio@businessfrance.fr  


Orolia Awarded $34 Million Contract to Deliver Personnel Recovery Devices to the US Army

Sophie CANCIANI - 03-mai-2018 06:03:18

  Sophia-Antipolis, France, April 11st, 2018 – Orolia, a world leader in Resilient Positioning, Navigation and Timing (PNT) solutions with a significant presence in the Asia Pacific region, announced today that its subsidiary McMurdo Inc. was awarded a $33,986,800 contract to manufacture Personnel Recovery Devices (PRD) for the US Army. This PRD is a dual-mode, MIL-SPEC Personal Locator Beacon that will be integrated into the Army’s Personnel Recovery Support System (PRSS). The PRD will be capable of transmitting both open and secure signals (training-combat dual mode) to alert and notify that a soldier has become isolated, missing, detained or captured.    This innovative positioning device will optimize a successful rescue operation for soldiers in a distress situation through secure enhanced capabilities. It has been designed to meet military standards and specifications, and has improved accuracy, decreased size, weight and power (SWaP) requirements.    “We are extremely proud and honored to have been selected by the US Army as the provider of this critical positioning device for the safety of US warfighters. Easy to incorporate into Personnel Recovery operations, the PRD is based on Orolia’s new rugged and small PNT platform dedicated to Combat Search and Rescue (C-SAR) and other dismounted soldier Assured PNT applications. This award, which follows the 2016 contract from the U.S. Coast Guard to produce 16,000  FastFind 220  personal locator beacons, is a testimony to Orolia’s world leadership in Resilient Positioning, Navigation and Timing,” said Jean-Yves Courtois, CEO of Orolia.    The Personnel Recovery Support System, Personnel Recovery Device contract was awarded by the U.S. Army Contracting Command, Aberdeen Proving Ground, Maryland on behalf of the Army Air Warrior Product Management Office at Redstone Arsenal in Huntsville, Alabama with an estimated completion date of March 6, 2022.    About Orolia Orolia is a world leader in Resilient Positioning, Navigation and Timing (PNT) solutions that improve the reliability, performance and safety of critical, remote or high-risk operations. With expertise in government, maritime, aviation and enterprise applications, Orolia provides virtually fail-safe GPS/GNSS and PNT products and solutions for their customers’ most mission critical needs. Orolia’s European headquarters is in France, with a commercial presence in more than 100 countries worldwide. www.orolia.com   Orolia US Press Contact: Elodie Cally – PR / Communications Director    elodie.cally@orolia.com  


Samsung To Establish Massive AI Research Facility In France

SC - 30-mars-2018 06:50:42

The centre is to be Samsung’s third biggest after those in South Korea and the US, with more than 100 researchers Samsung and Fujitsu are to establish substantial research centres for artificial intelligence (AI) in France, the companies announced ahead of the launch of a government AI initiative set for Thursday . Samsung’s French AI base is to be its largest after those in South Korea and the US, the company said. The announcement followed a meeting between French president Emmanuel Macron and Samsung strategy chief Young Sohn in Paris. “Great progress on artificial intelligence is happening in France,” Macron said in an English-language Twitter message . “Samsung chooses France to locate its new research center on artificial intelligence, creating more than 100 jobs. Thank you Young Sohn for taking the leap.” AI expansion The Samsung centre currently employs a team of 15 people in the Paris area. It plans to expand that to 50 scientists by the end of 2018, and eventually to more than 100 experts, according to local media reports. The larger facility is to be based either in Paris or in Saclay, in the capital’s south-west outskirts. Japan’s Fujitsu also said it would expand a team of 15 AI experts that is currently based in the elite Polytechnique engineering academy near Paris. “The group, after a review that lasted more than a year, found that France stood out from the crowd in the field of artificial intelligence,” said Fujitsu France managing director Benjamin Revcolevschi, according to Reuters. Macron’s Thursday announcement is expected to include a state investment designed to build on France’s position in AI, which is in turn based on the country’s strengths in mathematics. France and the UK are competing to attract talent and start-up investment capital in areas including AI and  financial technology  as Britain prepares to depart from the European Union.   Source : Silicon.co online media,   https://www.silicon.co.uk/software/samsung-ai-research-france-230787   


The Lyra group participates in the delegation of French companies that accompanies French President Emmanuel Macron’s trip to India

Purva Marwaha - 15-mars-2018 10:43:35

    On the occasion of the French President’s visit to India on 10 th to 12 th March, 18 French companies, accompanied by The French Trade & Investment Agency - Business France, had been selected to join the President’s visit. The Lyra group, one of the leader in securing payments in e-commerce and proximity, was a part of this delegation. Present in India for more than 10 years now, Lyra currently has 60 employees in India successfully working with major banks across the country.  Beyond the recognition of its development growth in India, this trip  was an opportunity for Lyra to strengthen its network and its activities. “We are very proud to participate in this delegation that will accompany the President of the Republic France. This visit represents a unique opportunity to access key contacts, to boost our business and highlight our Indian "Success Story" , says Christophe Mariette, Chairman of Lyra India and Associate Director of Lyra Group. India is a very dynamic and innovative market with 7.6% growth per year, India is among the top 10 largest economies and is a true driver of global growth. The structuring of its market, especially around services and industry has the ease to do business which makes the country more and more attractive for international companies. In the payment sector, many changes are taking place boosting the economic growth. The vast demonetization plan launched in November 2016 has increased the use of bank cards across the country and has led to more technological advances, with a strong appetite for new mobile uses.   India is a strategic country for Lyra & the French company is contributing to several campaigns of the Government of India UPI, Bharat QR Code, Aadhar and is fully committed to Prime Minister Modi’s initiative on digitalization of the Indian economy.   Lyra has connected around 600,000 POS terminals pan India & has successfully done millions of transactions daily on payment platforms. Lyra has also brilliantly launched its ePayment Gateway   “ Payzen” which is being used by major eMerchants in the country. Lyra’s merchant Plug In(MPI) has demonstrated high success rates and reliability for a large number of eMerchants in the country. "Lyra is one of 400 French companies that have believed in the growth of the Indian market and chose to set up full-fledged operations in India," says Rajesh Desai CEO and Director Lyra India . “Today, our ambition in this highly dynamic market is to expand significantly and we are currently strengthening our Indian team to support our aggressive plans of offering highly advanced solutions in the payment space”.     About Lyra:    Founded in 2001 by Alain Lacour, Lyra secures e-commerce and proximity payments and develops value-added services to manage transactions and POS equipment on a daily basis. Based in Toulouse, Lyra is present internationally with 10 subsidiaries (India, Brazil, Germany,Spain, Colombia,Argentine, Mexico, Peru, Chile, Algerie). The group has over 250 employees for a turnover of €53M in 2017.   Lyra’s key figures:   Over 10 billion payments secured and transmitted in 2017 worldwide   Over 50,000 e-merchants   Over 3,000,000 payment terminals worldwide   Lyra’s services are certified PCI DSS, Visa Merchant Agent and approved by GIE Cartes Bancaires.   For further information visit: http://www.lyra.com      


FAMOCO: a French company providing solutions to meet digitization needs in India

Purva Marwaha - 28-févr.-2018 11:55:50

It is estimated that by 2050, India will have a population of 1.7 billion and its urban population, boosted by rural exodus, will be around 850 million inhabitants which is the double of the existing population. In light of these colossal challenges & since the need for digitization is high, French company FAMOCO, the leader in secure professional devices, has opted to make India its primary development market. I n collaboration with the country’s leading national bank, State Bank of India (SBI) and partner system integrator.   FAMOCO offers unique solutions to meet the everyday consumer problems by enabling transactions digitally in India.    Since the demonetisation in November 2016, FAMOCO’s solution has provided a response to the recurring problems associated with the shortage of money in small denominations and the banking needs of people. The lack of cash is a real national issue, which has affected the most vulnerable populations. A lot of people in India do not have access to the financial services provided by traditional banks and therefore face difficulties with their day-to-day needs.    Working with its Indian partners, FAMOCO has a closed loop transaction solution used by thousands of shopkeepers, that simplifies low-value transactions. Currently being tested in several regions, FAMOCO payment cards and devices – which are far less expensive but just as secure as traditional payment solutions – provide a way of paying even the smallest amounts in shops and cafés, as well as for access to public transport. The introduction of digital transactions is helping to combat the informal economy and gives people the opportunity to open a cashless account. It represents a significant improvement in people’s day-to-day lives and offers the possibility to access microcredits. The company’s aim is to roll out FAMOCO’s solution across the country once the testing phase is complete.    Digitization to meet urbanization challenges According to a report published by the United Nations, India – the fifth largest global power in 2018 – is likely to have an additional 433 million city dwellers by 2050, taking the proportion of people living in urban environments from a third to almost a half. [1] With this in mind, the country is going to face huge challenges in terms of improving its infrastructure and resource management.   Payment, biometric identification, the traceability of goods and people, as well as problems associated with waste processing and recycling, all represent opportunities for FAMOCO to support the transition.   As Lionel Baraban, Managing Director of FAMOCO, explains, “ The authorities are looking for the most secure, flexible and inexpensive products to respond to the major issues India is facing. Our solutions offer a response to some of these issues, in areas such as payment, urban mobility and biometric identification, thanks to our cooperation with IDEMIA. India is a strategic market for FAMOCO: it was in New Delhi, in January 2016, that we chose to establish our first office abroad, while other high-tech companies usually look to the United States. That decision marked our commitment to contribute to India’s economic and social development as a French technological and business partner .”   Apart from the business aspects, FAMOCO is developing a truly long-term approach to the country, by supporting a more virtuous and efficient economy. The company counts 10% of Indian nationals in its workforce globally. In addition to their technical skills, they also bring their cultural knowledge of the country to the business.   About FAMOCO:      FAMOCO is a French company that designs secure professional devices to support businesses in their digital transformation in five sectors: payment, mobile working, logistic, identification and urban mobility. Created in 2010 by two Frenchmen, Lionel Baraban and Nicolas Berbigier, FAMOCO has already sold more than 180,000 devices to 450 customers in 30 different countries. The company has 80 employees in four offices: Paris, Brussels, New Delhi and Singapore. It generates 80% of its sales abroad with a prestigious client list that includes Orange, Alipay, Atalian, Gemalto and others.   For further information visit : http://www.famoco.com   [1] World Urbanization Prospects, UN, 2014, https://esa.un.org/unpd/wup/publications/files/wup2014-highlights.pdf  


About
The Tech & Services Department of Business France - Trade & Investment Commission in India informs, advises and assists French companies in their international expansion with India and South Asia. It also helps Indian stakeholders in bridging with French technology and business counterparts as well as guiding them -through our Investment Department- in their potential investment strategy in France.   A key focus on the agenda of the Department is the promotion of the " French Tech " initiative in India which aims at fostering the relations between the French Tech and the India Tech ecosystems; an area where we believe there are strong perspectives for fruitful partnerships.   In order to foster business and technology tie-ups between French and Indian companies, the Department is regularly organizing business delegations of French stakeholders to India, B2B/B2G events as well as individual B2B meetings.

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