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Year-End Statements: Telecom and Electronics Manufacturing Industry

Quotes on Indian Telecom Industry:
Arvind Bali, CEO, Telecom Sector Skill Council
“2022 was a phenomenal year for the telecom and skilling industries. Both saw significant reforms in both policies and initiatives which have elevated their contribution in nation building. We at Telecom SSC have been closely working with both ministries and secretaries to enhance the aspirations of the youth to work in new fields like 5G, IoT, Drone tech and many more. Shri K Rajaraman (Secretary, DoT) has been personally driving the telecom skilling initiative with monthly review meetings to ensure availability of adequate skilled workforce for the next wave in telecom.

Over the next 3 years, we will be training over 1 lac budding youth in these technologies and many more. We plan to add 10 CoEs and the 1 lac training is being done with DoT oversight. We are going to add 100 new courses to our roster for use cases in both legacy and new technologies. The rollout of 5G will help accelerate advancement in skilling and telecom. We lend our support to the government and industry initiatives to empower the next generation of India.”

Manoranjan Mohapatra, CEO, Comviva
“2022 has been a phenomenal year for all of us at Comviva. Our reinvention as a leading digital technology platform partner and expansion into new western markets like the US and Europe has been extremely encouraging and expected to fuel future growth. We received a very strong response on our new “digital transformation & commerce platform” and “growth marketing” solutions. As we grow, we shall invest more in building differentiated propositions and use cases around Enriched Marketing and Customer Experience, Digital Enterprise & commerce solutions and Embedded Payments solutions. We shall continue our focus on building the next Gen platforms that are AI / ML Powered, Cloud native, SaaS-enabled and API driven.”

Quotes on Indian Electronics Manufacturing Industry
A. Gururaj, Managing Director, Optiemus Electronics
“We at Optiemus are constantly working towards contributing to India’s efforts to become a major electronics manufacturing hub globally. 2022 was a major boost for the electronics industry with schemes like PLI and Phased Manufacturing Program pushing indigenous manufacturing in mobile phones, hearables/wearables and other categories. The hearable/wearable industry in India recorded 171% YoY growth in smartwatches, to become the biggest smartwatch market in the world. Optiemus has been at the forefront of this phenomenal journey of the hearable/wearable industry and has partnered with major lifestyle brands like Noise, HARMAN, DIZO, Truke, Wings to manufacture their products from the two existing state-of-the-art manufacturing facilities located in Noida, Uttar Pradesh.

With our efforts in the hearable/wearable segment, we also achieved the successful record production of “One million wearables and hearables” in a month at our manufacturing plants. Under the visionary leadership of our Hon’ble Prime Minister Shri Narendra Modi ji, India has made significant progress in electronics manufacturing this year and initiatives like Phased Manufacturing Programme introduced for Hearable/Wearable in the Union Budget 2022 helped immensely to fuel the growth.

Our partner, Wistron is providing active support to create world-class processes in the manufacturing operations and Optiemus is working with leading multinational companies for multiple segments of business to move towards volume production of their products. In 2023, we will diversify our efforts into various segments like IT hardware and telecom equipment manufacturing as well. Also, OEL now has the installed capacity to manufacture 8 lac smartphones in a month and is in the advanced stage of discussions with key global brands.

As the country is witnessing a wider rollout of 5G services, we are actively expanding our capabilities in 5G telecom equipment and have partnered with leading companies to supply 5G products. We also aim to strengthen the IT Hardware segment by expanding laptop manufacturing and starting new categories like mini pc, etc. Adding on to that, we have plans to enter emerging categories like IoT and EV as India adopts new technologies.

On the expansion front furthermore, Optiemus is all set to open its 3rd state-of-the-art manufacturing facility in Noida with a capacity for high volume manufacturing of wearables and other products units which will further strengthen our manufacturing capabilities. The electronics industry is set for the next wave of revolution in the coming year and 2023 can be the major milestone year in our aim to make further progress towards realising “Atmanirbhar Bharat” in electronics.”
TVJ Bureau

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