27th Convergence India 2019 expo gets under way

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.

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.

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.”

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.”

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.”

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.