The World Electronics Forum 2017
The World Electronics Forum (WEF) : an enabler for enhanced Indo-French cooperation in electronics & Internet of Things (IOT).
New Delhi, 26 June 2017
The World Electronics Forum (WEF) is a voluntary gathering of CEOs and Directors of electronics industry associations worldwide who meet annually to discuss major topics of common interest, exchange information on services and data and strengthen relations between associations for the benefit of their industries.
The WEF brings together almost 200 high level decision makers of electronics industry associations from many different countries such as the USA, India, China, Japan, Australia, etc. to discuss economic growth, talk about the future and do business together.
The World Electronic Forum (WEF), the annual event which took place in 2016 in Singapore, will be held this year in the city of Angers, French electronics capital from the 24th to 28th October 2017, this Western Region of France has the greatest concentration of electronics manufacturing facilities & represents 50,000 or one fourth of jobs. This edition of WEF will be the occasion to reflect on what kind of Industry 4.0, one should build and the Smart usages that will be set.
WEF will be an important platform to exchange ideas, accelerate startups interested in #IoT and #Manufacturing, in the form of the ecosystem of Angers French Tech and to create an IoT City or a City of Smart Devices.
To promote this 22nd edition of WEF in India, Mr. Christophe Béchu - Hon’ble mayor of Angers, Senator, President of Angers French Tech and WEF 2017 President along with Prof. NK Goyal – President of CMAI Association of India, held a press conference at the residency of the French Ambassador in New Delhi on 26th of June 2017.
“The whole city works to put together a memorable event, aware of its importance. It will give Angers a chance to showcase its position as the original electronics production center of Europe, thanks to the massive media coverage involved, along with the core of the world electronics industry’s presence. WEF 2017 is a scope for economic development and encourages us to surpass ourselves.” says Mr. Béchu, Hon’ble Mayor of Angers, Senator, President of Angers French Tech and WEF 2017 President.
France is the leading producer of radar, navigation and defence electronics and these activities account for 25% of the total output of the industry, French expertise is also evident in the area of robotics, data analysis, artificial intelligence, R&D intensive activities in electronics & in the start up space.
The electronic industry (products & components) market in India is estimated at around 75 billion USD. The sector will be boosted by the government program "Make in India", the objectives of offsets imposed in sectors such as defense and aeronautics, to fiscal and structural incentives (Electronics Manufacturing Clusters, M-SIPS, etc.) to attract foreign direct investment into the country and to reduce India’s large trade deficit in electronic products and components large investments have been announced by the government.
Several major programs launched are expected to boost consumption of electronic products: The Digital India campaign (16 billion USD investment), the ’100 Smart Cities’ program (US $ 14 billion in 5-year government subsidies) E-Governance initiatives (Aadhaar, Cloud, mobile apps, etc.), "Ultra Mega Solar Power" projects (85 billion USD invested by 2022), offsets programs in the Defense and Aeronautics, the National Knowledge Network, etc.
There is already a significant presence of French companies in India in electronics related to Defence, Aeronautics & Aerospace. In June 2016, the Bangalore based Indian company Centum Electronics acquired French company Adetel Group specializing in design, development and industrialization of embedded electronic systems for defence, aerospace, industrial, transportation, medical and energy sectors. Centum Electronics holds 51% percent controlling stake in Adetel Group and is a good example of perfect synergies between the Indian & French companies to ensure value creation for customers.
Thalès, Gemalto, Safran, Famoco, STMicroelectronics & Dassault Systems are the big players working with Indian & French SMEs & the Indian government to actively contribute to the “Make In India” campaign.
The WEF delegation had come to India with the objective of strengthening reciprocal awareness between French and Indian ecosystems, and to promote France along with Angers as the original electronics center of Europe.
The World Electronics Forum (WEF) is an annual event which takes place in a different city every year. The last edition took place in 2016 in Singapore. The 22nd edition will take place in Angers, France, the capital of electronics, from the 25th to 28th October 2017. Angers region is a “French Tech ecosystem” in electronics, IOT’s, connected objects. The WEF brings together between 100 and 200 high-level decision makers in the electronics industry to discuss economic growth, talk about the future and do business together from many different countries; India, USA, Singapore, China, Japan, Australia.
In order to mark the occasion of this WEF, a special week dedicated to IoT will be organized in the Angers metropolitan area. This exceptional event gathering Angers-based electronics companies, and investors and CEOs from the world’s largest companies will hopefully be a catalyst to create business links and interesting opportunities.
Angers is the original electronics production center of Europe, and has developed its French Tech value proposition along two main strands: growth of industry and link with the electronics sector in the West. With the endorsement of its ecosystem in June 2015, Angers French Tech has consolidated its status as the #IoT and #Manufacturing hub of western France. By offering a space where startups can operate alongside electronics manufacturers, the region can implement and accelerate innovative projects by companies of all size, from startups to major corporations. For further information, please visit: www.angersfrenchtech.com.
Business France is the national agency supporting the international development of the French economy, responsible for fostering export growth by French businesses, as well as promoting and facilitating international investment in France. It promotes France’s companies, business image and nationwide attractiveness as an investment location, and also runs the V.I.E international internship program. Business France has 1,500 personnel, both in France and in 70 countries throughout the world, who work with a network of public- and private-sector partners. For further information, please visit: www.businessfrance.fr and youbuyfrance.com/in.
If you want to learn more about the next edition of the World Electronic Forum 2017 – City of Angers, France - from the 24th to the 28th October 2017 wef-angers.com