Syska to invest $30 mn in Noida

GN Bureau | September 14, 2018


#Syska   #Samsung  

With the luminary launch of Samsung factory in Noida, the city has become a major attraction to companies for setting up their manufacturing hubs. Syska primarily known for its lighting products is setting up a factory is going to invest approx 200 crore in Noida. The company is going to set up an assembling unit which is expected to be operational by November this year for its camera module launched today.  The investment will be done in three phases, and the company is eyeing the revenue of 1800-1900 crore.

Syska has ventured into offering camera module for mobile phones, automotive, drones and security systems in strategic partnership with  Biometronic and Suyin Optronics.

Commenting on Make in India plans, Prabhu Sridharam, Managing Director, Biometronic said, “The company is planning to set up centre for excellence to train the skilled workforce in this area.  One of the key aspects of bringing technology is to install the technology and drive the technology to be part of the ecosystem. Still, the design capabilities, testing capabilities, and integration capabilities are still not in India. So there is no point in setting up the manufacturing without having them. So we are setting up the CoE as per the policy of the government.  We are talking to possible partners for the execution.”

Commenting on identifying these skilled people, he said,  “We are in talks with the government also on this. Since we are a pioneer in this, the government is also interested to have such a platform. This centre of excellence will be a non-profit venture for building design, R&D and testing capabilities. Suyin in Taiwan and China have R&D capabilities, so we plan to bring that in India too.  So initially the engineers have to come here then gradually there will be a transfer of technology. ”

Syska has launched camera modules for mobile phone and feature phones, notebook, IP, automotive, and also has a plan to expand to COB packaging. Another industry that the company is looking in India is smart glasses like Google Glass. Especially for the medical industry, this helps in on spot diagnosing and nursing patients on spot. He also shared that China has already implemented these smart glasses for face recognition by Police which this tech they (police) recognize the individual immediately, and their information is transmitted.

sharing the plans for drone camera post legalisation of drones in India, Sridharam commented "there will be a great need of Drone cameras which can handle a Critical aspect of a drone is visual, what they are seeing where they are going. The camera that goes into the drone is complicated and sophisticated which need to have a depth of range, zoom in zoom our and most important part is to take vibration of a drone into the account."

Commenting on an alliance with the government he said that, “We have intentions on working with the defence sector and digital warfare is the biggest option,” he concludes

Comments

 

Other News

Breaking down some key terms used in budget

The central government is set to present a complex and comprehensive report of its revenues and expenditures throughout the financial year in the budget address on February 1. Modi led NDA government will present the interim budget this year as elections are set to take place in April.  

Understanding interim budget

Narendra Modi-led NDA government is due to present its last budget on February 1, before the 2019 general elections. Finance minister Arun Jaitley, who is currently in US for medical treatment, is likely to present the budget. This will be an interim budget of the NDA government.

BHEL and Libcoin to set up India’s first lithium-ion battery plant

The government has said that state-run BHEL and Libcoin are in talks to form a world class consortium to initially build 1 GWh (Gigawatt hours) lithium ion battery plant in India. The plant’s capacity will be enhanced up to 30 GWh after some time. With this, India has finally taken steps into its ene

Modi govt okays pay scale regularisation of hydro CPSEs

The centre has given the green signal for regularisation of pay scales of board level executives in National Hydroelectric Power Corporation Ltd (NHPC), North East Electric Power Corporation (NEEPCO), THDC India Ltd. (formerly Tehri Hydro Development Corporation Ltd.) and Satluj Jal Vidhyut Nigam Ltd. (SJV

Numaligarh Refinery expansion plan approved by govt

The government has given approved the project for capacity expansion of Numaligarh Refinery from 3 MMTPA (million metric tonne per annum) to 9 MMTPA.    The plan envisages setting up of crude oil pipeline from Paradip to Numaligarh and product pipeline from Numaligarh to Sil

“Maharashtra police has created 37 cyber labs in rural areas”

Maharashtra has been the pioneer in establishing a dedicated unit and necessary infrastructure for cybercrime investigation. It is headed by Brijesh Singh, an IPS officer, as special inspector general of police, cyber. After successfully implementing the crime and criminal tracking network and system (CCTN

Current Issue

Current Issue

Video

CM Nitish’s convoy attacked in Buxar

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter