VARINDIA initiated its endeavour of value creation since 1999 and emerged as the fountainhead of Knowledge and media vehicle for Indian ICT industry, which is all set to redefine the dynamics of growth and development in the technology driven cyber age of 'Knowledge Based Economy'. With the presence of about 100 Trade Associations and employees more than 10 Million professionals in this sector and the IT sector is expected to grow at a rate of 12-14 per cent for FY2017-18 in constant currency terms. The sector is also expected triple its current annual revenue to reach US$ 350 billion by FY 2025 .Secondly, India ranks third among global start-up ecosystems with more than 4,500 start-ups. India’s internet economy is expected to touch Rs 10 trillion (US$ 146.72 billion) by 2018 .
VARINDIA as a high-tech publication, has been closely working with MeitY, Department of Telecom, MSME and various departments in Government of India and leading Industry Associations endeavouring to create value for the Indian ICT industry. Secondly, our focus for targeting the MSMEs and SMEs, they are the vehicle for inclusive growth to create local demand and are the target audience for the year 2017 events apart from the Channel/VARs.
With Digital India, the foundation for transforming India into a digitally empowered and knowledge economy, the potential growth is very much promising for the VARs and Reseller of today ,which can be a corporate of tomorrow . The recent demonetization initiative of the Government of India is likely to increase the speed of development and deployment of digital services in order to enable transition towards a cashless economy. We are witnessing the dawn of a new age of technological distribution, automation, and growth.
Increased penetration of internet (including in rural areas) and rapid emergence of e-commerce are the main drivers for continued growth of data centre co-location and hosting market in India and the year 2017 will focus on channel empowerment and bring several key challenges faced by the CIOs relevant to the channel players, including frequent change in demands from business users, many IT projects to handle at the same time, unavailability of good system integrators and lack of IT funding overall. We will continue by bring together VARs and channel partners to share their thoughts on mobility, cloud computing and cyber security — the three rising trends for the current year 2017-18.