In CommunicAsia and BroadcastAsia, an established infocomm technology (ICT) and media communications event in Asia, will be held from 19 to 22 June 2012 at Marina Bay Sands and Suntec Singapore respectively. Following the success of last years event, which attracted a total of over 53,000 professional attendees from more than 100 countries, attendees to this years shows can look forward to a myriad of the newest technologies, products and solutions from 2,000 multinational and small and medium companies.
The Indian IT services industry is expected to reach $100 billion in revenues this year, with exports contributing to about $69 billion. The industry impacts India's GDP by around 7.5% and employs close to 2.8 million employees, with an additional 230,000 employees expected to be added in fiscal 2012. The telecommunications sector in India is the second largest in the world and on a growth track.
According to Business Monitor International (BMI), India is currently adding 8-10 million mobile subscribers every month. It is estimated that by mid-2012, more than 80% of the country's population will own a mobile phone. According to TRAI, up to January 2012, India has 936 million telephone subscribers with 904 million mobile subscribers with a tele-density of 78. The India mobile handset market, that includes feature phones and smartphones, will grow at over 30 percent during 2012 to touch revenues of Rs 40,000 Crore (USD 8 billion).
Speaking at a press conference in New Delhi, R.K. Pathak, Secretary for Telecom Equipment & Services Export Promotion Council, said, This is the third time we are participating in CommunicAsia and that demonstrates opportunity in Asia Pacific region and our faith in Asias most distinguished infocomm technology (ICT) and media communications event. The show is very relevant to the ever changing ICT market in South East Asia and features current topics such as mobile broadband, mobile commerce and innovations, next generation services, satellite communications, smartphones & devices and many others. India is also fast emerging as a hi-tech hub for manufacturing of telecom equipment and CommunicAsia provides us an ideal platform to display our technology as well as exchange knowledge with international experts and witness latest trends.
Add new comment