INDIASOFT 2022 showcases India’s breakthrough ICT skills
Mr. Kamal Vachani, Regional Director, ESC Middle East, mentioned that India has a head start in software development and information technology-based services (ITeS) and said that about 90 percent of Indian software and ITeS exports go to the US and Europe, with the USA making up the lion’s share with 60 percent. At ESC, we are eager to pursue a policy that enables Indian IT exporters to enter the value chain by exporting high-end software and complex solutions to global markets. “We are targeting the Middle East market to export information technology-based services (ITeS) on a large scale,” he added.
Sandeep Narula, chairman of the ESC, explained the specifics of this year’s fair and said that it is very important to showcase the “innovation path” of Indian companies across the country in the latest digital technologies such as artificial intelligence and automation, machine-to-machine- Speech (IOTs) and other internet products. “We believe these sectors are the future of Indian ICT manufacturing and exports as global ICT markets are changing dramatically. Indian companies will have to be more responsive to these trends, ”he said.
The show, which previously took place in several parts of India including Chennai and Bengaluru, will also focus on traditional areas of ICT export such as ERP, Legal Outsourcing, E-Governance, BPO, KPO, Cloud Computing, Big Data Management, Mobile Application Services, information focus security, animation & games etc.
Mr. Gurmeet Singh, Executive Director of the ESC, said that the fair attaches great importance to startups. In recent years, a number of startups led by young people from IITs, NITs and other engineering universities have successfully taken part in the INDIASOFT events and use the free facilities made available to them. “In line with the government’s focus on promoting startups in the digital space, we are encouraging many small and medium-sized companies and startups to participate in the fair in order to familiarize themselves with the requirements of foreign buyers,” says Mr Singh adds that many of the exhibitors could attract lucrative business from overseas buyers and investors by attending the fair.
This year’s IndiaSoft show has been supported by the Union’s Ministry of Commerce and Industry since its inception and will have several new facets with the government’s focus on starting a digital revolution in the country. “The three-day fair will show, among other things, India’s capabilities in the areas of automation, internet products such as IOTs, robotics, etc., which also convey that India is on the cusp of the next stage of the IT revolution,” says Mr Singh.
With a population of 1.3 billion supplemented by geographic diversity, India is now the focus to attract newer investments in e-commerce and also newer investments in these sectors in those sectors, as is happening now. It opens up multiple opportunities for Indian IT companies to create technology platforms, content creation and back office operations for huge e-commerce companies like Amazon, Walmart, Tencents etc. for their Indian and global operations. One of the challenges these internet based platforms face is last mile connectivity to reach people in order to turn them into stakeholders. Many Indian startups specialize in the development of disruptive software and the creation of databases in order to make it easier for such companies to access the Indian hinterland in order to open up the market. Such technology platforms will also be on display at the fair.
The international delegates to the event include representatives from the private and public sectors from countries such as the USA, Canada, Argentina, Brazil, Panama, Chile, Colombia, Honduras, Peru, Cuba, Ecuador, Mexico, Costa Rica, Great Britain, France, Germany, Netherlands, Belgium, Bulgaria, Denmark, Sweden, Norway, Switzerland, Finland, Hungary, Poland, Malta, Austria, Algeria, Botswana, Kenya, Mauritius, Namibia, Uganda, Zambia, Zimbabwe, Togo, Nigeria, Ghana, South Africa, Ethiopia, Tanzania, Ivory Coast, Russia, Armenia, Belarus, Azerbaijan, Kazakhstan, Ukraine, Turkmenistan, Kyrgyzstan, Uzbekistan, Thailand, Malaysia, Indonesia, Vietnam, Philippines, New Zealand, Singapore, Australia, Malaysia, Laos, Cambodia, Myanmar, Brunei, Saudi Arabia, Bahrain, United Arab Emirates, Kuwait, Qatar, Oman, Iran, Bangladesh, Sri Lanka, Nepal, Hong Kong, Republic of Korea, Japan, etc.
© Press release 2021