India is the fourth largest economy in the world based on purchasing power parity. GDP growth averaged 8-9% annually in the past four years. By 2020, India will jump to become the 10th biggest trading nation in the world (from 24th in 2005). If it continues on its high growth path, income levels will almost triple and India will climb from the world's 12th to become the 5th largest consumer market by 2025.
The Indian government has placed high priority on infrastructure development - in highways, ports, railways, airports, power, telecommunication, etc. In addition to large screens and projection systems, demand for command and control, video and collaborative conferencing and home entertainment systems will grow in tandem with infrastructural development.
The Asia Pacific ProAV Market Definition & Strategy Study commissioned by InfoComm International® showed that the Indian ProAV market is the fastest growing in the Asia Pacific, at a rate of 22% CAGR, and is expected to reach US$1.5b by 2010.
InfoComm India 2009 offers AV manufacturers and vendors a platform to:
Generate new business potential in India
Debut your latest technology and solutions
Connect with professional end-user buyers across a wide spectrum of vertical markets
Identify new channel representatives or expand your existing channel infrastructure