$200 million USD Investment from Bosch Ushers in a New Era for Indian Telematics
The announcement by electronics giant Bosch of an investment $200 million USD in a research & development centre in Bangalore is part of a trend of foreign investment in India, with direct impact on the previously ailing telematics industry.
The R&D centre will focus a comprehensive suite of connected car services, including ADAS functions, autonomous driving and automotive computer vision. And the good news doesn’t stop there for the automotive telematics industry. Tata Motors and Samsung are joining forces to offer in-car smart-phone based connectivity via Samsung’s Drive Link app. Services offered in Tata vehicles will include music access, hands-free calling and in-car navigation. Moving into the realm of the futuristic, Renault’s new Kwid concept car will have a built-in drone that can be launched the vehicle’s roof to observe traffic conditions and obstacles on the road ahead.
These recent developments usher in a new-found optimism which appears to being echoed across the industry. Pranshu Gupta, CEO of Trak N Tell, an India-based developer of a smartphone app that will provide real-time tracking and alternate routing information to drivers agrees, stating that “Telematics is currently nascent in India. But I’m very optimistic. Five years ago, we had no cars here with MP3 players. Now Bluetooth and MP3 are standard equipment.”
In preparation of this new dawn of telematics in India Telematics Update will host The Telematics India and South Asia 2014 Conference and Exhibition the second time this May (May 28-29th, Bengaluru Marriott Hotel Whitefield, Bangalore, India). Telematics Update is uniquely positioned to align the interest of the international telematics audience with the indigenous market-place. This event will give local companies the ability to scope-out business opportunities with pioneers and decision-makers in automotive and telematics industries at a local, regional and global level. Expert speakers at the conference will include Chandrika Shetty, Head of Telematics India, Volvo, Dhruv Dhawan, Product Head- Enterprise Solutions, Bharti Airtel Ltd and Sirish Batchu, General Manager, Mahindra & Mahindra.
Other key topics to be included at the Telematics India and South Asia 2014 conference include:
- Next-Gen Value Added Services
- Infrastructure Solutions to India’s Giant Size
- Logistics Transformed
For further information on key topics to be covered at the conference, can be found on the website at: http://www.telematicsupdate.com/india-south-asia/conference-agenda.php
Maruti Suzuki India said that last year’s conference was an “Ideal platform to meet the stake holders who will define the vehicle telematics future for the Indian Market”.
Tata Elxsi stated that the conference was “It was an extremely important event for India and Asia. It was clear that many of the companies participating had not networked with each other so bringing them together in this event will enhance Telematics activities”.
To see the Telematics India and South Asia 2014 conference program and speaker line-up, visit the website at http://www.telematicsupdate.com/india-south-asia/ or contact the Telematics Update team at email@example.com.
About Telematics Update: Telematics Update Conferences are the most prestigious in the industry. We produce the largest telematics events in North America, Europe & Asia, and attract the most influential speakers providing a rich environment for establishing strategic relationships and networking.
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