Press Releases2014

Jun 19, 2014
INDIA GADGET EXPO 2014 associates with Ditto TV

L&T promoted HITEX Exhibition Center, in association with SK Innoventures that brings to Hyderabad its 1st edition of India Gadget Expo 2014 (IGE), has partnered with Ditto TV, India's first OTT (Over-The-Top) TV distribution platform from Zee Entertainment Enterprises Limited (ZEEL). Ditto TV will be showcasing its technological expertise at the IGE 2014.

A four day program scheduled from 19th- 22nd June 2014, IGE 2014 includes seminars, exhibitions, presentations and business networking opportunities. Ditto TV enjoys the distinction of being the only OTT offering that will be present at this event, with other prominent technology brands like Samsung, Nokia etc. The exhibition aims to serve as a platform that brings inventors, innovators and end retailers of the gadget and technology industry together. About 60 superbrands from the gadgets and electronics industry, like LG Electronics, Ditto TV, Haier, Qualcomm, Panasonic, Nokia, D-Link, Gionee, Xolo, Amazon, Game Sastra, etc., will be part of the event.

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

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

Smartphones in India are currently at 30 million units, and 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.

Indian Smart TV Market is expected to reach USD $10.41bn (INR 54,000Crs) by 2017, growing at a CAGR of 87% from 2012-2017

For any more details on the exhibition you can visit: http://www.indiagadgetexpo.com/

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