India Gadget Expo 2014 Press Conference

Hyderabad gears up for INDIA GADGET EXPO 2014 An International Exhibition on gadgets, gaming and future technology.

Hyderabad, India, 10th June 2014: L&T promoted HITEX Exhibition Center in association with SK Innoventures brings to Hyderabad 1st edition of INDIA GADGET EXPO 2014. The exhibition aims to serve as a platform that brings inventors, innovators and end retailers of the gadget and technology industry together. A four day program scheduled from 19th- 22nd June 2014, at HITEX Exhibition Center, Hyderabad India includes seminars, exhibition, presentations and business networking opportunities.

About a 60 super brands from gadgets and electronics industry like LG Electronics, Haier, Qualcomm, Panasonic, Nokia, D-Link, Gionee, Xolo, Amazon, Game Sastra, etc., would be part of the event. Startup technology companies and SMEs are also eager to explore this platform to showcase their innovative creations. India Gadget Expo is one of its kind exhibitions in India which helps exhibitors connect with their end consumers as well as prospect business clients at the same platform.

A booming gadget industry and the enthusiastic consumers in India are not only luring the top brands to explore the Indian Market but are also challenging a lot of local tech enthusiasts to emerge with their own innovations. As a result consumers these days are often found in dilemma due to too many options in hand. India Gadget Expo aims at solving this problem by educating the masses on several existing and upcoming gadgets and technologies through their Super Seminar Sessions, Presentations and Exhibition.

The four day exhibition will host two days of power packed super seminar sessions on 19th and 20th June 2014. P. Balaji, VP & MD of Nokia India and renowned personality in the technology domain will be the keynote speaker for the first day of the event and Levi Shapiro from JIMMI, Israel, an Adjunct professor at Media Innovation Lab (IDC), will be the keynote speaker for the second day. JA Chowdary shall be delivering the closing note of the final day of the Super Seminar. He is the Executive Chairman, Talent Sprint and former director of STPI at Bangalore, Hyderabad and Chennai and a very renowned personality from the IT industry. This 2 day Super Seminar will see industry leaders like Ajit Joshi, CEO and MD, Inficity Retail Ltd. (Croma), Eric Broganza, President, Haier Appliances, Nitish Tipnis, Director, Hover Automotice (Nissan), JA Chowdary, Chairman, Talent Sprint, Srini Koppolu, Chaiman, Veooz , Rishi Tandon, Head Marketing, LG Electronics, Rakesh Kumar Gupta, Sales Head - Mobiles, LG Electronics Vishal Dhupar, MD, Nvidia, Sridhar Reddy, MD, CtrlS, Hari Nair, Director, Sony Music, Ashim Mathur, Marketing Head, Sunil Raina, Business Head, Xolo Mobiles, Arvind Vohra, Director, Gionee Mobile, Peter George, General Manager - Sales, Amazon India and other experts from different fields to share their views and comments on topics like

• Future of Gadgets in the era of unlimited bandwidth
• Selling gadgets in the digital age
• Battle of Brands
• Future of Smart phones
• Growth of the App community
• Gaming and Its future
• Future of cloud computing
• Importance of audio in mobile entertainment devices

Famously known as the Tech Guru of India, Rajiv Makhni, the Managing Editor, Technology, NDTV will be moderating the Super Seminars. This renowned Indian technology journalist, writer, analyst and television presenter is thrilled to be in Hyderabad for this disparate exhibition and is positive that this exhibition will open doors for several tech innovators to win the world with their innovations and encourage many more to come out of wraps and showcase their talents. "Whenever I attend International Technology events like CES in Las Vegas or IFA in Berlin, I always think about how something like this is missing in India. The Indian Technology Consumer has both the knowledge and the appetite for Tech events on a grand scale and is very hungry to be shown what devices and gadgets can do for him. Showcasing of current and future products must happen in India now and this event is a great start to that dream of mine. I truly wish that this initiative becomes bigger and better every year till it can rival and even surpass the CES's and IFA's of the World. This is an idea whose time has come" says Rajiv Makhni, recently awarded The Television Anchor of the year by the Indian Television Academy.

"We have discovered some very interesting innovations in technology, apps and gadgets by tech enthusiasts and SMEs from all over the country. It is very unfortunate that most of the end consumers and investors are unaware of it; solely because of the absence of a meaningful platform where they can promote their products. We invite all such startups and SMEs to exhibit their revolutionary products and get a chance to connect with their target audience and other businesses " says KV Nagendra Prasad, COO, HITEX.

Editor's Note:
• Market Size of overall Indian consumer electronics/ gadget and accessories market estimated to be around US$ 68 billion (INR 408,000Crs).
• Indian consumer electronics spending expected to grow by about 16% in 2014.
• Estimated Category wise growth

o Computer Hardware Sales growth in 2014: US$11.3bn (INR 67,800Crs) in 2013 to US$13bn (INR 78,000Crs) in 2014 (+14%) o Audio & Video Products Sales: US$15.3bn (INR 91,800Crs) in 2013 to US$17.8bn (INR 106,800Crs) in 2014 (+17%) o Handset Sales: US$10.8bn (INR 64,800Crs) in 2013 to US$12.6bn (INR 75,600Crs) in 2014 (+16%)

• Smartphones in India is currently about 30 million, and is growing at a CAGR of more than 30%. Global gaming industry growing at 22 per cent, the Indian gaming industry is valued at US$216mn (INR 1300Crs.) and is expected to grow to US$633mn (INR 3800 Crs) by 2015.