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MSME Exchange 2021: Tech for all

<ul><li>India is currently home to over 430 million mobile gamers and the number of gamers is estimated to grow to 650 million by 2025. </li><li>Currently, mobile gaming dominates the <keyword id="2600446" type="General" weightage="20" keywordseo="indian-gaming" source="Orion">Indian gaming</keyword> sector, contributing more than 90% to the $1.6 billion gaming market and is expected to further grow to generate $3.9 billion value by 2025.</li></ul>A report by <keyword id="149966" type="General" weightage="20" keywordseo="iamai" source="Orion">IAMAI</keyword> in collaboration with <keyword id="2210217" type="General" weightage="50" keywordseo="oneplus" source="Orion">OnePlus</keyword> and <keyword id="3359665" type="General" weightage="20" keywordseo="RedSeer" source="Orion">RedSeer</keyword> has estimated that the Indian gaming market is poised to reach $3.9 billion in value by 2025. The report also highlighted that 40% of the hardcore gamers pay for their games with an average spend of Rs 230 per month. The Covid-19 pandemic has accelerated the organic growth of digital games as mobile app downloads grew by 50% and user engagement went up by 20%, the study says. The increased gaming time has spurred the growth of hardcore gamers in India, even as casual games remain the most popular genre in India. The report was launched today by <keyword id="130896" type="General" weightage="20" keywordseo="jayesh-ranjan" source="Orion">Jayesh Ranjan</keyword>, Principal Secretary of the Industries &amp; Commerce (I&amp;C) and Information Technology (IT), Department of the Telangana Government, <keyword id="12248827" type="General" weightage="20" keywordseo="shri-saurabh-gaur" source="Orion">Shri Saurabh Gaur</keyword>, Joint Secretary Ministry of Electronics and Information Technology, in the presence of Navnit Nakra, Vice President, Chief Strategy Officer and Head of India Sales, OnePlus India, and Rajen Vagadia, Vice President and President, Qualcomm at a Roundtable discussion around E-Gaming hosted by IAMAI moderated by RedSeer, Associate Partner, <keyword id="12248829" type="General" weightage="20" keywordseo="kanishka-mohan" source="Orion">Kanishka Mohan</keyword>. “We are at the cusp of a gaming revolution and the gaming ecosystem is working towards user-friendly smartphones and leveraging 5G technologies,” said Jayesh Ranjan, speaking at the roundtable. While launching the report titled ‘Building up the e-gaming ecosystem of India and the influence of smartphones’, by OnePlus, the global technology brand in partnership with IAMAI and RedSeer, Ranjan also talked about the growth potential of the gaming sector and the significance of user-friendly devices for the same. “The gaming sector has underlined the significance of affordable Smartphones with capable hardware. I am happy that parallelly, work is going on to make phones more user-friendly for gaming by leveraging 5G technology, developments in AI/ML, and hardware manufacturing.” Saurabh Gaur, added that: “The [global] gaming industry can be matched with electronics, and consoles could be manufactured in India.” He also voiced support for creating games for the Indian audience, based on Indian culture. Indian gaming has leap-frogged into the mobile gaming era due to the rapid increase in smartphone penetration in the country, with large console and PC games now being curated for mobile platforms. The sector is also attracting huge investment interest, with nearly $1 billion being invested in the sector in the last 6 months. India is currently home to over 430 million mobile gamers and the number of gamers is estimated to grow to 650 million by 2025. Currently, mobile gaming dominates the Indian gaming sector, contributing more than 90% to the $1.6 billion gaming market and is expected to further grow to generate $3.9 billion value by 2025, the report added. Smartphones have become more affordable and pack strong hardware that is equipped to run games which may require medium to high Specifications. This has opened accessibility to more immersive gaming for the masses, with smartphone OEMs also increasingly focusing on incorporating dedicated gaming features on their newest devices and launching gaming-specific phones. Speaking at the session, Navnit Nakra, Vice President, Chief Strategy Officer and Head of India Sales, OnePlus India, said, “Over the past few years, the e-gaming industry in India has grown tremendously, driven by the rising avenues for digitization promoted by the flagship initiative of the government, the Digital India program and improved accessibility centered around innovation and affordability by OEMs. At OnePlus, our community has always been at the heart of everything we do and therefore, we have been leading the charge in introducing the most advanced features and have built partnerships with industry leaders to provide a seamless gaming experience on OnePlus smartphones. We are happy to have partnered with IAMAI and Redseer as the report has served as a unique avenue for the industry to gain actionable insights and come together to drive meaningful discourse and innovative ideas." Rajen Vagadia, Vice President and President, Qualcomm, shared, “In the last 12 years, we had to update our GPUs (Graphics Processing Unit) over 700 times, that’s the demand coming in from the consumers.” He also underlined that certain efforts are being undertaken to nurture esports and ensure that it is seen as a field that can be taken up professionally as well. Over the years, OnePlus has been focusing on making the seamless integration of top-of-the-line hardware and software more accessible to a wider audience of gaming enthusiasts. The company had also introduced industry leading innovative features that amplified the gaming experience for users such as 120Hz refresh rate, Warp Charge, Screen Recording, and Gaming Mode, which was later revamped to 'Fnatic mode'. Further, the recently launched OnePlus 9R 5G was specially designed to cater to the demands of gaming enthusiasts, empowering them with smooth scrolling, immersive gaming controls and a superior viewing experience. Today, the OnePlus 9R 5G is one of the very few gaming phones in the market with an inbuilt VC cooling system. The introduction of OnePlus Games and <keyword id="12248828" type="General" weightage="20" keywordseo="pro-gaming-mode" source="Orion">Pro Gaming Mode</keyword> have further enhanced the gaming experience for OnePlus users.

The Indian gaming market poised to reach $6-7 billion in value by 2025: IAMAI

With a vision to make <keyword id="68884" type="PERSON" weightage="20" keywordseo="Telangana">Telangana</keyword> a commercial hub for all space-related products and services, the state government has decided to formulate a space-tech policy framework. The policy aims to push domestic production of launch vehicles, satellite systems and sub-systems and ground equipment manufacturing. State's Principal Secretary, Industry and Commerce, <keyword id="130896" type="PERSON" weightage="20" keywordseo="Jayesh-Ranjan">Jayesh Ranjan</keyword>, said on Sunday that Telangana is creating a holistic framework to develop end-to-end spacetech ecosystem in the state and attempt to capture the emerging global opportunities in space-related investments and innovations. This can potentially create a trickle-down impact on other areas of innovation such as universal connectivity and big data analytics for agriculture, remote education, disaster management, he said. Equal emphasis would be given to downstream applications of remote sensing that have the potential to solve real-life problems in agriculture, disaster management, insurance, urban flood modeling and forestry. The Centre's Department of Space recently released the draft Spacecom policy 2020 and draft SpaceRS policy 2020. Officials said states can significantly contribute to achieving the national objectives like "Atmanirbhar Bharat". Telangana is already home to several renowned start-ups such as Skyroot, Dhruva and other major companies in the spacetech sector. The city has collocated facilities of the <keyword id="152819" type="COMPANY" weightage="20" keywordseo="Defence-Research-and-Development-Organisation">Defence Research and Development Organisation</keyword>, the <keyword id="467450" type="COMPANY" weightage="20" keywordseo="National-Remote-Sensing-Centre">National Remote Sensing Centre</keyword>, the Advanced Data Processing Research Institute, the Defence Research &amp; Development Laboratory, the Research Centre Imarat, the Bharat Dynamics Ltd, the Mishra Dhatu Nigam Ltd, the Ordnance Factory Board, the Defence Metallurgical Research Laboratory, and the Advanced Research Centre for Powder Metallurgy and New Materials. To formulate Telangana's spacetech policy framework, the state government held a virtual consultation. It invited stakeholders like hardware start-ups, analytics start-ups and academia to share their insights during a virtual stakeholder consultation. Uma Maheshwaran, Scientific Secretary, ISRO HQs, and Dr Ravi Kumar, Director, NRSC) also attended the event. SEE ALSO: <a href="https://www.businessinsider.in/science/space/news/nasa-says-its-ingenuity-mars-helicopter-sent-a-positive-status-update-as-it-prepares-for-the-flight-the-agency-is-thinking-about-future-crewed-flights-to-the-red-planet-/articleshow/81140085.cms">NASA says its Ingenuity Mars helicopter sent a positive status update. As it prepares for the flight, the agency is thinking about future crewed flights to the Red Planet.</a> <a href="https://www.businessinsider.in/science/space/news/a-japanese-supercomputer-is-on-a-mission-to-find-out-how-our-universe-went-from-nothing-to-everything-in-less-than-a-microsecond/articleshow/81048254.cms">A Japanese supercomputer is on a mission to find out how our universe went from nothing to everything in less than a microsecond</a>

Telangana government to formulate a space-tech policy framework

<ul><li>Considering no one knows when normalcy will resume, traditional job seekers in rural and urban areas need to adapt to digital processes, highlighted Sridhar Vembu, founder of Zoho.</li><li>Jayesh Ranjan, IT Secretary of Telangana said that 68% of MSMEs did not have an e-mail id 5 years back, which was disheartening.</li><li>To bring some balance between rural and urban jobs, more economic activity has to happen at the rural level, particularly high paying <keyword id="1077059" type="PERSON" weightage="20" keywordseo="Technology-jobs">technology jobs</keyword> have to be moved to <keyword id="6361659" type="UNKNOWN" weightage="20" keywordseo="Rural-Areas">rural areas</keyword>, added Vembu.</li></ul>To push India towards digitisation, while addressing the people on the nation’s 74th Independence Day, Prime Minister Narendra Modi announced that in the next 1,000 days (i.e. by May 2023), nearly 6.5 lakh Indian villages will be connected with optical fibre to get improved connectivity. But India’s businesses, especially the smaller ones, have still not embraced a connected world. In a recent virtual event organised by Business Insider for small businesses -- <keyword id="4106334" type="ORGANIZATION" weightage="20" keywordseo="msme-exchange">MSME Exchange</keyword> -- Sridhar Vembu, founder of software-as-a-startup (SaaS) firm Zoho shared a relevant example for businesses struggling to move digital. “For a community of singers who perform music in the temples of south India for several functions, singing in temples is their main source of income. They have now witnessed a major decline in [their] regular income. For us, clearly these people can organise online events, but the point is they don’t know how to. To perform music online, audio needs to be properly tuned with softwares and much more. Further, considering we do not know when normalcy will resume, these traditional job seekers need to learn digital processes,” said Vembu. According to a report by World Economic Forum -- Indian Cities in the Post Pandemic World, released on January 7, 2021 -- about 70% of India's gross domestic product (GDP) comes from its cities and around 25-30 people migrate to cities from rural areas every minute. The development model of India in the last 20-30 years has been very urban centric where one has to bring talent out of villages into cities. Vembu feels, in this process, we are overcrowding urban areas and leaving rurals empty which is not good. “So to bring some balance to this situation, more economic activity has to happen at the rural level, particularly high paying technology jobs have to be moved to rural areas. The idea is to create jobs for people who otherwise might have to shift to urban areas,” says Vembu. Jayesh Ranjan, the information technology (IT) secretary of Telangana, highlighted a survey that said 68% of India’s MSMEs did not have an email address five years back, which is very disheartening to hear. He feels that MSMEs can benefit from technology and it is only a matter of mindset holding them back. If unfortunate circumstances like a pandemic come up, dramatic changes can literally happen overnight. He cited an example of how the government and Confederation of All India Traders (CAIT) literally converted thousands of kirana (mom and pop) stores into online stores overnight. “They created their website, inventory, payments getaways and so on,” said Ranjan. SEE ALSO: <a href="https://www.businessinsider.in/cryptocurrency/news/twitter-is-giving-away-140-free-nfts-to-followers-and-theyre-not-available-any-other-way/articleshow/84010546.cms">Twitter is giving away 140 free NFTs to followers — and they’re not available any other way</a> <a href="https://www.businessinsider.in/business/startups/news/new-technology-is-putting-conventional-jobs-out-of-business-msme-exchange-panelists-highlight-on-how-it-helps-in-the-long-run/articleshow/84013275.cms">New technology is putting conventional jobs out of business -- MSME Exchange panelists highlight on how it helps in the long run</a> <a href="https://www.businessinsider.in/business/startups/news/swiggy-coo-vivek-sunder-will-be-exiting-the-company-by-october/articleshow/84010468.cms">Swiggy COO Vivek Sunder will be exiting the company by October, CEO Sriharsha Majety may take over</a> <a href="https://www.businessinsider.in/business/telecom/news/vodafone-idea-stocks-tank-after-march-quarter-results/articleshow/84010118.cms">Vodafone Idea shares in deep red as an uncertain future looms</a>

Digitisation push for small businesses could create technology jobs in rural areas, say Business Insider’s MSME Exchange panelists

As <keyword id="1574002" type="General" weightage="20" keywordseo="indian-gaming-market" source="Orion">Indian gaming market</keyword> is poised to hit $3.9 billion (in value) by 2025, over 40 per cent of hardcore gamers are paying for their games with an average spend of ₹230 per month, a new report by the Internet and Mobile Association of India (IAMAI) showed on Tuesday. The pandemic has accelerated the organic growth of digital games as mobile app downloads grew by 50 per cent and user engagement went up by 20 per cent. The increased gaming time has spurred the growth of hardcore gamers in India, even as casual games remain the most popular genre in India, said the report, prepared in collaboration with smartphone brand OnePlus and Bengaluru-based market research firm RedSeer. "We are at the cusp of a gaming revolution and the gaming ecosystem is working towards user-friendly smartphones and leveraging 5G technologies," Telangana's Principal Secretary, Industries and Commerce, and IT, Jayesh Ranjan, said. "The gaming sector has underlined the significance of affordable smartphones with capable hardware," he said while launching the report. India is currently home to over 430 million mobile gamers and the number is estimated to grow to 650 million by 2025. Currently, mobile gaming dominates the sector, contributing more than 90 per cent to the current $1.6 billion gaming market in the country. "The (global] gaming industry can be matched with electronics, and consoles could be manufactured in India, Joint Secretary, Electronics and Information Technology, Saurabh Gaur said, voicing support for creating games for the domestic audience based on the Indian culture. <keyword id="2600446" type="General" weightage="20" keywordseo="indian-gaming" source="Orion">Indian gaming</keyword> has joined the mobile gaming bandwagon due to the rapid increase in smartphone penetration in the country, with large console and PC games now being curated for mobile platforms. The sector is also attracting investments, with nearly $1 billion being invested in the sector in the last six months. "Over the past few years, the e-gaming industry in India has grown tremendously, driven by the rising avenues for digitisation and improved accessibility centered around innovation and affordability by OEMs (original equipment manufacturers," OnePlus India Vice President, Chief Strategy Officer and Head of India Sales Navnit Nakra said. Smartphones have become more affordable and pack strong hardware that is equipped to run games which may require medium to high specifications. This has opened accessibility to more immersive gaming for the masses. "In the last 12 years, we had to update our GPUs (graphics processing units) over 700 times, that's the demand coming in from the consumers," Qualcomm Vice President and President, Rajen Vagadia said. SEE ALSO: <a href="https://www.businessinsider.in/tech/mobile/news/samsung-is-bringing-ray-tracing-to-smartphones-with-exynos-2200/articleshow/86775687.cms" data-type="tilCustomLink">Samsung is bringing ray tracing to smartphones with Exynos 2200 chipset</a> <a href="https://www.businessinsider.in/tech/news/oneplus-10-pro-is-rumoured-to-get-5x-optical-zoom-in-addition-to-a-periscope-lens/articleshow/86775266.cms" data-type="tilCustomLink">OnePlus 10 Pro is rumoured to get 5x optical zoom in addition to a periscope lens</a>

Over 40% of Indian gamers are spending an average of ₹230 per month on mobile games: IAMAI report

Hyderabad, April 15 ()The Telangana government willprepare a lockdown exit plan for the IT companies soon,Minister for IT and Industries KT Rama Rao said onWednesday,as he outlined the strategy to contain theCOVID-19 spread in the State.The minister interacted with the captains of the ITindustry over a video call and gave an overview of thestrategy being followed by the state government to contain thespread of coronavirus, an official release said.The industry captains have expressedsatisfaction over the steps initiated by the state governmentand assured all possible assistance to the ongoing reliefmeasures being implemented in the state, it said. The minister thanked the representatives of the ITindustry for partnering with the state government in the fightagainst COVID-19. Jayesh Ranjan, principal secretary IT and Industries,also participated in the interaction, the release said. Meanwhile, Natco Pharma Limited donated PersonalProtective Equipment (PPE) kits worth Rs 2.50 crore and alsofacilitated medicines and equipment worth Rs 1.50 crore tohelp augment the state's combat on COVID19, a separate releasefrom the government said. Malabar Group of Companies and NavayugaEngineering Company Ltd donated Rs One crore each to the CMRelief Fund. GDK BNWELCOME BNWELCOME

Telangana to come out with lockdown exit plan for IT firms

Hyderabad, June 29 (IANS) In a bid to help enterprises maintain business continuity and stay on the path of digital transformation in these tough Covid-19 times, Oracle on Monday announced the opening of its second Cloud region in India. The Hyderabad Cloud region will help Indian customers and partners access all Oracle Cloud services, including Oracle Autonomous Database and Oracle Autonomous Linux, as well as Oracle Cloud Applications, to unlock innovation and drive business. "The Covid-19 and ensuing lockdowns have disrupted several businesses in India. The Hyderabad Cloud region will help a large number of Indian organisations realise their digital transformation dreams," Shailender Kumar, Regional Managing Director, Oracle India, told IANS. The Oracle's enterprise-grade Gen 2 Cloud regions are already helping hundreds of customers realize three-five time performance improvements using secure cloud services. Over 100 enterprise customers in the country moved their workloads onto the Gen 2 Cloud data centre in Mumbai with its launch in October last year, which is being run solely by Oracle without any third-party involvement. "With two Oracle Cloud regions live in India, we're fully geared to support our 15,000 plus customers in their innovation journey, with adequate support by nearly 1,000 specialised Oracle partners," informed Kumar. The two Cloud regions would help enterprises effectively meet increasing demand for secure and stable enterprise cloud services. "We congratulate Oracle India on opening their second Cloud region in Hyderabad. This will surely help both public and private enterprises in our state to take advantage of Oracle cloud services," said Jayesh Ranjan, Principal Secretary, Industries &amp; Commerce (I&amp;C) and Information Technology (IT), Telangana. Equipped with strengthened capabilities for business continuity and disaster recovery, Oracle will provide enterprise customers in India better performance, pricing, and security based on its second-generation Cloud. "With Oracle opening dual cloud regions in Australia, Japan, Korea and now India, we are further renewing our commitment to support growth in the new decade," added Garrett Ilg, Executive Vice President, Japan and Asia Pacific, Oracle. The Hyderabad opening is part of Oracle's global plans to operate 36 second generation Cloud regions by the end of this year. "This Cloud region will help scores of Indian firms adjust to the new normal," said Kumar. --IANS na/

Oracle opens 2nd Cloud region in India to help firms stay afloat

New Delhi, Feb 19 () IT services firm Tech Mahindra on Wednesday announced on Wednesday the launch of T-Block Accelerator, an accelerator programme for Telangana Blockchain District. The programme has been launched in partnership with the Telangana government and innovation management firm IBC Media. The launch of T-Block is a step in continuation of the Telangana government's endeavour to make Telangana as the 'Blockchain Capital of the World', a statement said. A pact had been signed between the Government of Telangana and Tech Mahindra to this effect in 2018, it added. "This initiative is aimed at start-ups that have a strong blockchain use-case, thereby accelerating the start-up growth and therein contributing to the growth of the overall industry," the statement said. Blockchains can broadly be defined as a new type of network infrastructure (a way to organise how information and value moves around on the internet) that create "trust" in networks by introducing distributed verifiability, auditability, and consensus. Blockchain is seen as a technology with the potential to transform almost all industries and economies. Jayesh Ranjan, principal secretary (information technology, electronics and communications department) in the Government of Telangana, said the accelerator will be a "torch-bearer" to multiple future blockchain accelerators in the country. "Through this initiative, Tech Mahindra will enable creation of an ecosystem which will empower start-ups to solve tough business problems for clients across diverse industry verticals. The Telangana government will help provide the required regulatory framework to enable and promote Blockchain growth," the statement said. Rajesh Dhuddu, global practice leader (blockchain) at Tech Mahindra, said the company aims to build a world-class support infrastructure for blockchain start-ups and make Hyderabad a destination of choice among several new-age entrepreneurs and blockchain evangelists. "We look forward to successfully run the T-Block Accelerator and build the public blockchain ecosystem in India," he added. Participating start-ups will receive mentorship and guidance from leading experts in the start-up and blockchain space. The programme includes workshops, presentations, discussions, and assignments designed to impart the practical knowledge required to build relevant blockchain products with real-world applications. SR HRS

Telangana govt, Tech Mahindra to launch blockchain district accelerator programme

<ul><li><keyword id="68884" type="ORGANIZATION" weightage="20" keywordseo="Telangana">Telangana</keyword> government and <keyword id="6354480" type="UNKNOWN" weightage="20" keywordseo="t-hub">T-Hub</keyword> announce T-Angel, a <keyword id="6357455" type="UNKNOWN" weightage="20" keywordseo="Funding">funding</keyword> programme for <keyword id="6362513" type="UNKNOWN" weightage="20" keywordseo="startups">startups</keyword>. </li><li>30 startups from the sectors of healthcare, real estate, entertainment, sports, education and finance will be selected. </li><li>The top 10 startups from the batch will receive funding.</li></ul>The Telangana government joined hands with innovation centre T-Hub to launch a programme called T-Angel. T-Angel will select 30 early stage startups across healthcare, real estate, entertainment, sports, education and finance. They will be put them through a three-month acceleration programme, and the top 10 startups of the batch will receive funding. With four such programmes in a year, T-Hub aims to fund 40 startups. T-Angel is only the first in a series of funding programmes by Telangana to boost investments. “Over the last three years, the Telangana government has been constantly building the right elements to create an ecosystem for startups that allows them to scale with speed. The quantum of funds received by startups in Telangana has grown significantly too, we now see this only increases with the quality of startups the state has gathered,” said Jayesh Ranjan, Principal Secretary Industries and IT, Telangana State. T-Hub which is a public-private partnership runs accelerator programmes with many companies, including social media giant Facebook. Through bootcamps and workshops, T-Hub will also ensure that a startup is <keyword id="6355120" type="UNKNOWN" weightage="20" keywordseo="investment">investment</keyword> ready, by providing access to investment partners. Hyderabad which was formerly known for its IT sector, is also pushing for growth in innovation centers and startups. Bigwigs like Amazon, Apple, Microsoft have set-up their India offices in the city.

Telangana government and T-Hub announce a new funding program for early stage startups

<a href="http://www.businessinsider.in/searchresult.cms?query=ratan+tata">Ratan Tata</a> would inaugurate a technology incubation centre '<keyword id="6354480" type="UNKNOWN" weightage="100" keywordseo="T-hub">T-Hub</keyword>' to promote start-ups on 7th September. 
 
"The first phase of T-hub, country's biggest technology incubation centre, spread over 60,000 square feet will accommodate 800 start-ups. And in 2018 when we are hosting <a href="http://www.businessinsider.in/searchresult.cms?query=World+IT+Congress">World IT Congress</a> in Hyderabad, we want to be ready with the second phase of T-Hub, which would be much more bigger one with built-up space of 300,000 sq ft and can host 5,000 start-ups", Secretary, <a href="http://www.businessinsider.in/searchresult.cms?query=Information+%26+Communications+Technology">Information &amp; Communications Technology</a> (ITC), Jayesh Ranjan 
 
According to him Telangana will be one of the leading states in the country which will promote innovations. 
 
The Telangana government is taking up the country's biggest technology incubator by collaboring with <a href="http://www.businessinsider.in/searchresult.cms?query=Indian+School+of+Business">Indian School of Business</a> (ISB), the International Institute of Information Technology (IIIT-Hyderabad) and NALSAR University of Law besides various other organisations. 
 
Image credit: Indiatimes

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MSME Exchange 2021: Tech for all

Business Insider India

The Indian gaming market poised to reach $6-7 billion in value by 2025: IAMAI

BI India Partner

Telangana government to formulate a space-tech policy framework

IANS

Digitisation push for small businesses could create technology jobs in rural areas, say Business Insider’s MSME Exchange panelists

Bhakti Makwana

Over 40% of Indian gamers are spending an average of ₹230 per month on mobile games: IAMAI report

IANS

Telangana to come out with lockdown exit plan for IT firms

PTI

Oracle opens 2nd Cloud region in India to help firms stay afloat

IANS

Telangana govt, Tech Mahindra to launch blockchain district accelerator programme

PTI

Telangana government and T-Hub announce a new funding program for early stage startups

Sanchita Dash

Ratan Tata set to inaugurate tech incubator 'T-Hub' this September

BI India Bureau

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