| | DECEMBER 20219Smart Technologies are Going to Pave the Way for Indiaare connected cars that are saving us fuel and mak-ing our commute much safer. We must appreciate the work of global standardization framework, where there are a handful of companies who over a period of years had taken lot of effort and spent billions of dollars in coming up with the best of technologies. A 90 minute movie takes 72 hours to download in 2G and with 5G the same can be downloaded in less than 90 seconds. More than 50k+ start-ups in all sectors in-cluding IOT, AI, and Robotics are already registered and certified by The Department for Promotion of Industry and Internal Trade. For India to achieve that global economic scale, it is important that we facili-tate these start-ups and they are able to take advan-tage of the already standardized technologies. Today we have sufficient eco system like start-up India hub, PLI scheme, National IPR policy, national manufac-turing policy and other policies."Dr. Lovneesh Channana, Chairperson National Council IT, ITES & Digital Commerce said, "We have moved from the stage of discussing, why of technol-ogy to what of technology and now moving into the how of technology. How we apply technology and how do we make technology application are becom-ing more important. We are getting adept at using technology to improve operational effectiveness. The time is coming where citizen experience data or consumer experience data will be differentiators due to the huge level of digitization. Very soon we will be managing experiential data in addition to opera-tional data. This revolution we are talking about in Smart Tech is not one way, earlier we were creating products and giving it to users, today it's a two way. For India, unless we cover the 63 million SMEs in the larger technology journey, we cannot achieve the de-sired impact. Awareness, access to low cost tech, cre-ation of digital talent pool, and getting global market access for Indian SMEs through technology are some of the areas we must address.""The SmartTec India 2021 is one of the initia-tive that can be partnered with International Trade Council (ITC) where sharing of new technologies and best practices can be of immense benefit to ev-eryone around the world," said Ms. Ranjini Rangan, Honorary Chair Person, International Trade Counsil (SEA) & Director, Olimea Advisory. "The SMARTec India 2021 is a wonderful opportunity for our Austra-lian companies, to engage with tech experts, indus-try leaders and advance collaborative efforts to build our technological partnership," said Petula Thomas, Chief Executive Officer, Indo-Australian Chamber of Commerce.The curtain-raiser event was also attended by dig-nitaries from partner countries like Finland, Estonia, Israel, Sri Lanka, Bhutan, and Japan. The focus areas for SMARTec India 2021 include Aerospace & De-fence, Financial Services, Healthcare, Enterprise AI & Automation, Industry 4.0, MSME & Start-ups, and Smart Mobility. To celebrate the spirit of innovation, awards for 10 top innovations from various sectors and fields or work will be handed out on 3rd Decem-ber 2021. The curated confluence of smart technolo-gies will experience a 13 days long virtual exhibition which will be attended by over 50 Exhibitors from India and various leading countries, live demonstra-tions and product launches of exciting products and services, participation from progressive central & state governments.
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