The 27th Convergence India 2019, the 3rd Internet of Things India 2019 and Embedded Tech India 2019 expos, has been inaugurated by Suresh Prabhu, Minister, Ministry of Commerce & Industry and Civil Aviation, Government of India, at Pragati Maidan, New Delhi.
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Organized by the India Trade Promotion Organization (ITPO) and Exhibitions India Group, the event builds upon Government of India’s “Digital India” and “Make in India” initiatives through a display of a vast array of products pertaining to fields such as ICT, IT & ITeS, broadcast & digital media, emerging technologies & enterprise solutions, virtual & augmented reality, artificial intelligence, robotics, cloud services, etc.
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Suresh Prabhu, Hon’ble Minister, Ministry of Commerce & Industry and Civil Aviation, says, “This event is a true convergence of technologies and companies from around the world coming together to build a new global technology-driven ecosystem. I believe India has a very important role to play in this new world, not only as a nation capable of adopting new technologies, but also one capable of innovating and producing new technologies. We have many companies in the country that have already made a mark in their respective domains, and they now have the opportunity to work together on building holistic solutions needed for the future we are heading towards.”
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Prem Behl, Chairman, Exhibitions India Group, says, “With an annual GDP growth rate of 7.4 per cent, India is already the world's sixth-largest economy and poised to become the fourth-largest consumer market behind the US, China and Japan. Consumer spending is expected to grow from $1.5 trillion to around $6 trillion by 2030. Much of this progress in terms of GDP and consumer buying has happened in the last five years or so.”
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Deepak Kumar, Executive Director, ITPO, comments, “Interactions and interesting and educational sessions here will strengthen and facilitate government and private initiatives related to Digital India and Internet of Things.”
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The inaugural session also witnessed the release of a knowledge paper by MarketsandMarkets, titled “Internet of Things: The Next-Gen Revolution in India”. The document offers in-depth analysis of how India is moving towards a digital economy. It also discusses the growth trajectory of India’s telecom sector and explores reasons for increasing mobile and Internet penetration among masses.
