VARINDIA IT MAGAZINE

According to a report by the National Skill Development Corporation (NSDC), the incremental human resource requirement in the Electronic and IT hardware sector is expected to be 89 lakh by 2022. Electronics and IT Hardware is one of the emerging sectors for employment growth in India. The industry currently employs over 4.3 million people across manufacturing, Sales and marketing (including Retail) and Repair & Maintenance segments. Demand for electronic and IT hardware products is expected to touch Rs.24 lakh crore mark by 2020. According to the report India’s per capita GDP has nearly tripled since 2000, rising from US$455 to US$1,489 in 2012. This is expected to rise to over US$2,000 by 2017, and will continue to be the major source of demand in consumer electronics in the country. The key government- initiated programmes which include the UIDAI project, the National Knowledge Network (NKN) and the National Optic-Fiber Network (NOFN) will continue to be the primary demand d...

Videocon has announced an investment of Rs.500 crore for setting up a Mobile Handset Assembly Plant in Punjab. Addressing the “Progressive Punjab Investors’ Summit”, Anirudh Dhoot, Director, Videocon, announced that the investment will be made over the next three years to assemble mobile handsets along with the manufacturing of set-top boxes. With such futuristic step, the company aims to generate 3,000 openings in Punjab, thus creating a platform for skill development and give impetus to the growth of the economy... Read more

AirTight Networks continues to drive its vision of simplifying connectivity to the digital world with the successful launch of new customer and partner-focussed online communities. Designed and implemented by Persistent Systems, these online communities are built on, and integrated with, the Salesforce platform to enable peer-to-peer support for both customers and partners, providing a better user experience, higher engagement and faster answers to questions. AirTight’s mission is to make enterprise Wi-Fi extremely simple and massively scalable to connect billions of devices to the digital world. AirTight is obsessive about making its customers successful and is committed to fearless creativity, partnering with others who share the same passion. The company provides users with the most affordable and highly-secure cloud-based wireless networks... Read more

Swipe Technologies has announced the launch of its ONLINE-ONLY flagship smartphone ELITE 2. ELITE 2 is Swipe’s most affordable 4G device to be sold exclusively on Flipkart from 8th November, 2015. The device is competitively priced at Rs.4,666 only. The company has also announced the EXCLUSIVE PREVIEW SALE of ELITE 2 for Uber customers, wherein Swipe will deliver ELITE 2 directly to Uber customers in Pune, Hyderabad, Bangalore and Delhi. Expressing delight on the new device and the innovative ventures, Shripal Gandhi, Founder & CEO, Swipe Technologies, said, “ELITE has been a huge success for Swipe, and it was sold out on Flipkart in a record time when launched in August this year. For Indian customers, quality wins over everything else. Keeping this in mind, we are coming up with this exciting new offering. We received an overwhelming response for ELITE from the online space and are looking forward to replicate the same magic this time, too. We strongly believe that ELITE 2 w...

ATC India, a wholly owned subsidiary of American Tower has acquired Viom Networks, India’s largest independent telecom tower company in India. ATC India is  also planning to acquire complete stake of SREI Group and part stake of Tata Teleservices and others. SREI Group, a private sector infrastructure equipment finance, infrastructure project finance and renewable energy product financing company is completely exiting from Viom Networks whereas Tata Teleservices is also diluting its stake.With over 42,000 towers of Viom Networks across the country and positioned as industry-best ratio of 2.4 tenants per tower. In 2014-15, Viom Networks had a total revenue of Rs 5,000 crore and PAT (profit after tax) of Rs 175 crore... Read more