While many Bangalore techies have finished either pysical or virtual attendance at the CES-2016 held in the US, back home another similar show was on a platter for them, organised by desi ventures — EFY group along with ELCINA (Electronic Industries Association of India), ELCOMA (Electric Lamp and Component Manufacturers Association of India), IET Institution of Engineering and Technology), SMTA, IOTBLR and Maker’s Asylum.
The three-day India Electronics Week 2016 (IEW 2016) was opened on 11th January at the Bangalore International Exhibition Centre (BIEC) and it has six co-located shows called Electronics For You Expo (6th edition), Electronics Rocks (4th edition), Test & Measurement India (5th edition), LEDasia.in (1st edition), IoTshow.in (1st edition), and Raksha India (1st edition).
Another highlight at the event was the defence conference where senior dignitaries from Centre for Artificial Intelligence and Robotics, DRDO, ISRO, HAL and MOE will participate. Karnataka Industries Minister RV Deshpande, Vikram Desai, President ELCINA; Rajesh Agarwal, CEO, Micromax; K.Ratnaprabha, Addl Chief Secretary to Govt of Karnataka, Commerce & Ind. Dept.; JS Deepak, Secretary, DeitY, Govt. of India attended the CEO summit.
Manish Singhal, past co-founder LetsVenture.com, said, “For a startup to be successful, a favorable ecosystem of angel investors is required. In developed countries, people are just waiting to invest in great ideas and good companies. Entrepreneurs in India need more High Net Worth Individuals and corporates to come forward and participate in the growth story.”
Nihal Kashinath, Founder of IoTBLR, one of India’s most prominent Internet of Things communities, said, “IoT is transforming the everyday physical objects that surround us into an ecosystem of data and information, elevating our lives to another level. From home appliances such as air conditioners, refrigerators and TV’s to parking spaces and houses, the IoT is bringing more and more things into the digital world. It’s predicted that this space will be a multi-trillion dollar industry in the near future, and India is positioned very well to gain from this boom.”
Rajiv Mukherjee, Founder of fhsidealab.com, the largest virtual accelerator platform in India, said, “The hardware startup ecosystem has gained prominence in the last 1 year. Having worked with ideas at prototype stage to getting them venture funded we have seen that if we are able to bring the right people and tools at the right time coupled with the passion and perseverance of the entrepreneurs we are able to build sustainable and profitable ventures. The IEW event is a great attempt in bringing the ecosystem together in one platform.”
At the popular IOT show topics included:
How to take your IoT device from prototype to product
Creating the Edge Tier of the Internet of Things with Bluetooth Smart
How to take your medical device from idea to regulatory-approved product
How to make your home smarter, using renewable energy micro-grids
The mistakes I made building automotive ADAS, and how you can learn from it
Some of the speakers included:
Martin Woolley, Technical Program Manager, Bluetooth Special Interest Group (SIG)
Yuping Tseng, CTO, ThroughTek
Dr. Vijay Mishra, CTO, CeNSE – IISc
Srinivasa Moorthy, CEO, Andhra Pradesh Electronics & IT Agency
Vinay Chadha, entrepreneur, GVC Systems
Special workshops was held on 12th covering issues such as “how to build a keyless start system for the cars” to “Designing and learning the art of 3D printing!” among others. At the Get funded session on 12th January, experts shared their experiences and thoughts on how to make ideas and product into a success business. Startups such as Wagr: monitor & location tracker for pet dogs, Portuspine: wearable device to help working professionals who sit more than six hours a day to improve their posture etc. werre among those pitching to VC’s their ideas and business plans.