Tech and Services

Xiaomi is announcing huge investments in India

Jean-François Ambrosio - 27-mars-2019 05:32:44

  The Chinese Tech group announced investments of 500 M USD in its Indian operation to increase production capacity by 50%. Xiaomi entered India 4 years ago and has been fighting with Samsung to dominate the Indian smartphone market.   For 2018, Xiaomi reached a market share of 28,9% in India (41,1 M units from a total de 142,3 M), followed by Samsung with 22,4% (31,9 M units) and the Chinese brands Vivo with 10% (14,2 M units), Oppo with 7,2% (10,2%) and Transsion with 4,5% (6,4 M units).   On the feature phone market, the Indian brand Jio was leading in 2018 with a market share of 38%, followed by Samsung with 12%, Itel with 8% and Nokia with 7%. Overall India mobile phone shipments crossed 330 M units in 2018.  


Indian IT companies are signing Billions USD deals with international clients

Jean-François Ambrosio - 26-mars-2019 11:46:33

HCL Tech, one of India major IT services provider, just announced the signature of a 1,3 Billion USD contract with Xerox to manage part of its shared services, including global administrative and support functions. The contract will run for a period of 7 years. HCL has been one of Xerox major partner and supplier since 2009. According to the Economic Times, other Indian IT services compan ies like Infosys, Wipro and TCS have secured several Billion USD contracts over the last 2 years with International clients . TCS, India largest IT company, has reportedly signed during this period of time 4 contracts for a total of 5,5 Billion USD, while Infosys won deals worth 2 Billion USD in the second quarter of 2018-2019, and Wipro announced a few months ago a 1,5 Billion USD contract for 10 years with the US based Alight Solutions.


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   


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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