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

Modi’s forward-looking I-Day speech lays down 5-year agenda

Contrast prime minister Narendra Modi’s first Independence Day speech in 2014 with his latest, the first in the second term, and you know the difference. His first speech was less about future and much about the basic needs like Swachch Bharat (clean India). His speech on Thursday, on the other hand,

Better cities require active citizen engagement

With Mumbai city battling myriad civic issues and annual flooding year after year, stakeholders and experts came together to discuss ways of dealing with these issues as community work. The discussion was held at the TEDxVersova Salon- Vibrant Civic Participation, an independent TED event organized by the

Independence Day: PM underlines new beginnings

Addressing the nation from the ramparts of the Red Fort for the first in his second term, prime minister Narendra Modi highlighted the new beginnings his government has made in recent days, and underlined the hopes of a new India in the making. “Things that could not happen in the past

Kashmir decision “sole prerogative of the country”

India has told China that the legislation changing the status of Jammu and Kashmir was “an internal matter. External affairs minister S Jaishankar, visiting China Monday, told foreign minister Wang Yi that the legislative measures were aimed at promoting better governance and socio-ec

To fight climate change, pay attention also to land

When considering climate change, one of the greatest threats before the humanity, discussions usually focus on air and water, but land too is affected by and in turn affects global warming as much as those two elements. A new report from the Intergovernmental Panel on Climate Change (IPCC), out early Augus

Mumbai witnesses jump in bus ridership after fare cut

To revive bus ridership, the BMC-run Brihanmumbai Electric Supply and Transport (BEST) reduced its bus fares in Mumbai to minimum Rs 5 for non-AC buses as against Rs 8 earlier for the first five kilometres and capped maximum fare at Rs 20. For its AC buses the minimum fare has been brought down from Rs 20



Current Issue

Current Issue

Video

CM Nitish’s convoy attacked in Buxar

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter