INDIAN IOT MARKET SET TO GROW UPTO USD 15 BILLION BY 2020

Manufacturing, Automotive, Transportation & Logistics to be key industries driving IoT growth in India

Bengaluru, October 5, 2016: Focusing on the rise and evolution of the Internet of Things (IoT) across industries in India, the National Association of Software and Services Companies (NASSCOM) today kick-started the 8th edition of NASSCOM Design and Engineering Summit at The Leela Palace, Bengaluru. The two-day event focusing on the theme of, ‘Imagineering for the Digital Future’ analyses the role that IoT will play in creating digital utilities especially in the areas of design and engineering that will drive the growth of future technologies in the country.

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Expressing his thoughts on the upturn of applied IoT in India, Mr. Kevin Ashton, Inventor of the Internet of Things and Author, mentioned that, “ÏoT has started being incorporated into both consumer and industrial applications being utilized in critical verticals like Healthcare, Automotive and Manufacturing. The ecosystem is rapidly expanding, owing to demand for both Industrial and Consumer IoT applications and is set to be a critical part of the next level of growth for the IT industry.”

On the side-lines of the summit, NASSCOM in collaboration with Deloitte also launched a report on ‘IoT – Revolution in the Making’. The report lays emphasis on the growth of Internet of Things, as not just creating consumer solutions but also adding value in industrial applications. Reiterating the need for innovative solutions, the report states that the IoT segment is expected to grow across industries, with Utilities, Manufacturing, Automotive and Transportation & Logistics providing greater opportunities for development, compared to other sectors.

Speaking of the focus of IoT in the Design and Engineering industry Mr. R Chandrasekhar, President, NASSCOM, said,”IoT as a concept has seen vested interests from across industries globally and is set to become a major differentiator in driving the next generation of services and products. In India, while the industry is at a nascent stage industrial applications of IoT primarily in manufacturing, automotive and transportation & logistics are expected to drive IoT revenues by 2020.”

IESA to host DEFTRONICS 2015 in New Delhi, September 9-11

Focus on Building Global Partnerships for ‘Make in India’ in the Aerospace, Defence and Internal Security sector

Shri Ravi Shankar Prasad, Union Minister for Communications & Information Technology, Government of India to be present as the Chief Guest

Bangalore, July 21, 2015: India Electronics and Semiconductor Association (IESA), the premier trade body representing the Indian Electronics System Design and Manufacturing (ESDM) industry will be hosting DEFTRONICS 2015, the second edition of their annual Aerospace, Defence & Internal security focused event. This year’s theme is Building Global Partnerships for ‘Make in India’ in the Aerospace, Defense and Internal Security sectors and will  be held between September 9 and 11, 2015, at Pragati Maidan, New Delhi. The conferences will be held on September 9 and10, 2015.

DEFTRONICS 2015 is scheduled to take place along with electronica India and productronica India 2015, India’s leading trade fairs for the electronics industry.

The platform will focus primarily on aspects like opportunities in design and R&D, IP creation, nurturing entrepreneurship in the Aerospace, Defence and Internal Security (ADIS) space in conjunction with policy and business related matters and issues. The forum will also lay emphasis on specific skillset development required for ADIS ecosystem to build India as the manufacturing destination for military-industrial complex across the globe.

DEFTRONICS 2015 takes a closer look at how the national theme of ‘Make in India’ can be coupled with global alliances to galvanize the country’s immense potential in strategic electronics. The event will bring together stalwarts from the government, the industry, the academia and the global arena to identify ways to further accelerate ‘Make in India’ campaign by building global partnerships that would help cross current challenges and achieve the nation’s goals faster, with greater precision.

The platform will be strengthened with the presence of industry experts and government officials. Noteworthy guests for DEFTRONICS 2015 include Shri Ravi Shankar Prasad, H’ble Union Minister for Communications & Information Technology, Government of India, Smt. Nirmala. Sitharaman, H’ble Minister of State for. Commerce and. Industry, Government of India,  Mr R S Sharma,  Secretary, DeitY, Ajit Manocha, Co-chairman, POET Technologies, Vijay Kumar Saraswat, Former DG – DRDO and former Chief Scientific Advisor to the  Minister of Defence and currently Member NITI Aayog, New Delhi.

DEFTRONICS 2014 featured a powerful line-up of industry experts, government officials, strategists, policy makers and business leaders, offering keynote speeches and panel discussions around critical matters in the ADIS sector. Eminent dignitaries like Shri S R Patil, H’ble Minister for IT, BT and S&T, Government of Karnataka, Mr. Kishore Jayaraman, President, India & South Asia, Rolls Royce, Dr. A. Sivathanu Pillai, CEO & MD, BrahMos Aerospace, Mr. Peter Gutsmiedl, CEO, Airbus D&S and many others were present in the last edition.

For further information on DEFTRONICS 2015, please click here