PHD Chamber in association with Department of Electronics and Information Technology (DEITY), Ministry of Communications and IT organized a Conference on ‘Electronics in Security and IoT’ on 4th December 2015 at PHD House, New Delhi. The main objective of the conference was how small and medium enterprises can be encouraged to take up manufacturing of safety electronics as it would not only boost electronics manufacturing in India but also be a major source of employment in rural India.
The Conference was presided over by N K Mohapatra, CEO, Electronics Sector Skill Council of India (ESSCI); Pankaj Mohindroo, National President, Indian Cellular Association (ICA); G B Singh, Group Editor, Security Today magazine and Avinash Sinha, Design Expert,Mecops India Pvt Ltd.
R P Jhalani, Chairman, Committee on Electronics and Engineering Goods, PHD Chamber, while delivering the welcome address said that the electronics industry today has become extremely vital and a key driver for India’s economic growth. The Indian electronics industry is expected to reach $400 billion by 2020 from $69.9 billion in 2012, which was just 3.5 per cent of the global market. Jhalani also said that the India Video Surveillance market is expected to reach $952.94 million by 2016, with a CAGR of 32.49 percent from 2011-2016. He mentioned that security conscious organizations in India are implementing CCTV surveillance, reflecting an annual expected growth rate of more than 20 percent.