TradeIndia's First Covid-19 Essential Expo 2020 Witness 18000 Attendees on Day 1

In an attempt to resuscitate the ailing small and medium industries of the country that have suffered from the business-numbing impact of the pandemic, TradeIndia, India’s largest B2B marketplace offering global buyers and sellers a reliable platform to identify trustworthy business partners, has initiated a first-of-its-kind virtual trade exposition that aims to usher new business opportunities and collaborations between the various brands and entities of the country.

The India’s leading online trade platform is leaving no stones unturned in helping the severely affected MSME sector reclaim lost footing and the state of the art virtual trade expo is verily a manifestation of this endearing endeavor. The exhibition will guide the industry towards transforming the unprecedented losses and chaos ensued by the pandemic into a favorable opportunity. By showcasing via the virtual medium, the various hidden growth prospects and lucrative openings that can be leveraged amidst the pandemic, TradeIndia is remarkably enough, covering the distance where none has ventured before.

The first day of the event itself proved instrumental in heralding a new ray of hope for the sector comprising of the various pandemic-affected SMEs and MSMEs. By extending unique solutions through combining technological promise and innovative brilliance, TradeIndia is seemingly aiding these small-ticket enterprises in maintaining business continuity in such chaotic times. The jubilant event witnessed a great number of business participants as it displayed the various essential products and the companies that manufacture them.By coupling the existing knowhow with the progressive tech-advancement and digitization, the event underlined the need for companies to constantly renovate and upgrade their current offerings. Besides focusing and brainstorming on the various innovative guidelines that companies can instill in their product development, the expo also revealed the various alternate channels of revenue for companies that are suitable for tapping into the current market dynamics.           

Sandip Chhettri, COO, TradeIndia said, “The trade expo hosted an expansive multitude of brands, their products through a virtual exhibition solution that allowed the exhibitors to demonstrate their products at a very low cost but with high scalability. The pioneering tradeshow also featured never-before-seen 3D stalls or immersive virtual spaces that enabled attendees to sift through the various product lineups, access business catalogues while interacting with exhibitors through chat or video conference”

The event organized by TradeIndia featured were surgical dressing and disposable, personal safety equipment, personal care products, common medicines and drugs, temperature instruments, medical, diagnostic & hospital supplies, home cleaning appliances, etc.

About TradeIndia: TradeIndia.com is an online Business to Business (B2B) portal for small businesses based in India and around the globe. The portal was started in 1996 by Bikky Khosla and is maintained and promoted under the flagship company, Infocom Network Ltd. The company is headquartered in New Delhi, India, and has branch offices in more than 42 cities across India.

Five Sanitization Products for Hospitality and Aviation Industry

In a bid to revive traveler reliance in the tourism and hospitality industry which is badly struck by coronavirus outbreak, cleaning standards have been greatly enhanced for every facet of the hotels, resorts, and flights.

The quality, hygiene, and safety are one of the most critical success factors in tourism. Following weeks of ceased operations that permitted time for extensive planning the hotel, tourism, and hospitality industry along with the aviation sector have elevated safety and sanitization protocols.

As we have already passed the first phase of Unlock-1, contactless procedures and safe removing measures are turning into the new typical basics because of the COVID-19 pandemic. Safety and sanitation protocols are being applied in maintenance and operational areas, with the use of upgraded disinfecting products and increased frequency.

Here are 5 sanitization products essential for safe tourism:

The UVD Robot

The UVD Robots stands for UV Disinfection Robots The UVD Robot is used as part of the regular cleaning cycle, and aims at preventing and reducing the spread of infectious diseases, viral, bacteria, and other types of harmful organic microorganisms in the environment by breaking down their DNA-structure. The robot is safe, reliable, and eliminates human error. Furthermore, it is user friendly and is designed to be operated by every-day cleaning staff. UVD Robots' inventive arrangement, which joins profound microbiological know-how, self-ruling robot innovation, and bright light to make the world's best UV-C based sanitization arrangement, has been demonstrated to kill pathogens like coronavirus and microscopic organisms.

Milagrow imap9

Milagrow Humantech has deployed imap9, a floor disinfecting robot that can navigate and sanitize the floors without any human intervention at various places, including hotels, airports, museums, hospitals, offices, etc. The robot moves around autonomously without falling, avoiding obstruction while planning its own path, guided by LIDAR and advanced SLAM technology. Milagrow’s patented Real Time Terrain Recognition Technology (RT2RT) scans at 3600, 6 times per second to make a floor map in real-time with an accuracy of upto 8mm over a 16m distance. This enables the iMap 9 to perform successfully in the first attempt, whereas other robots can take twice or thrice the time. Additionally, the robot can do zoning, virtual blocking of avoidable areas, and sequential cleaning of zones based on specific needs.

Zesta

Launched for the first time in India by Zestaindia.com, Wall Mounted Automatic Thermometer is exactly the product you need for safe tourism in hotels and airports. Gone are the times when you see a person standing with a handheld thermometer to check the temperatures. With Zesta’s Wall Mounted Automatic Thermometer, you can just install it at the entrances of hospitals, hotels, airports and other public areas and let everyone scan themselves with zero physical contact. This thermometer is easy to install anywhere and comes with color code alarm, fast and accurate detection. Priced at 10,999, it is available at all leading online platforms like Flipkart and Amazon.

Plasma Air Purifiers

Plasma air purifiers are equipped with very small filters that have the capability to catch small particles that other types of filters easily miss. This means that Plasma Air Purifier is able to reduce/eliminate the amount of not only bacteria and viruses but other harmful particles, such as dust, smoke, and pollen.

While respiratory droplets are considered the primary transmission route, experts strongly suspect some form of aerosol transmission may be occurring. Plasma Air’s HVAC-mounted ionizers use proactive air purification technologies to deactivate airborne viruses safely. The air purifiers are available on their official website Plasma Air.

PCE Instrument Thermal Scanner

PCE-TC 34 is a thermal imaging camera used for visual inspection and non-contact infrared (IR) temperature measurement. It is ideal for industrial use in electrical, mechanical, and building installations (such as in the auditing of machines, engines, or heating, ventilation, and air conditioning (HVAC) systems).

This can be used to monitor the temperatures of people entering a particular public place and record all the data.

This is a high-definition, high-resolution thermal imager that captures and saves 640 x 480 pixel IR resolution images to the included SD card memory at a refresh rate of 50.

Obama remark on Bangalore misinterpreted, says Nasscom chief

US President Barack Obama's remark that American firms were shipping more jobs to Bangalore than creating them in Buffalo (in New York state) had been "misinterpreted", an IT industry lobby said here on Wednesday.

"Nothing much should be read about Obama's comment on Bangalore and Buffalo. I think his remark has been misinterpreted. What he said was of the additional revenue he would get from his tax reform proposals, he would invest some of it in research and training so that more jobs get created," Som Mittal, president of the National Association of Software and Services Companies (Nasscom) told reporters.

Contending that the current US tax system gave US-based multinationals shipping jobs to places like India an unfair advantage over domestic rivals, Obama Monday announced plans to reduce tax breaks for them.

"It's a tax code that says you should pay lower taxes if you create a job in Bangalore, India, than if you create one in Buffalo, New York," Obama said, spelling out his proposals to close corporate tax loopholes and crack down on overseas tax havens.

Allaying fears of job losses or decline in outsourcing or off-shoring, Mittal said the Obama proposal was not about India but how American subsidiaries were structured overseas in light of the taxation method followed by US firms over the years.

Admitting that Obama's protectionist measure was a matter of concern for the industry, Mittal asserted that Nasscom would study the proposal to assess what impact it would have on outsourcing or off-shoring and do the needful if the bill got drafted.

"The good part is that we have a voice. If we see that it's impacting us in any way, as the bill gets drafted, we will do the needful," Mittal said.

The US accounts for about 60 per cent ($30 billion) of the $50-billion IT export revenue from India. About 70 per cent of the export revenue is generated by Indian firms and the remaining by multinational captives or third party vendors in the sub-continent.

Endorsing Mittal's views, former Nasscom president and Satyam board chairman Kiran Karnik said he was sceptical about Obama's tax proposal becoming a law.

"It (tax reform bill) is unlikely to become a law as US firms will be the hardest hit. Obama's proposal is of concern because it's a sign of protectionism. In the recent G-20 meeting in London, world leaders said they were against protectionism," Karnik said.

In a lighter vein, a leading IT firm head said Obama seemed to have got his geography wrong as he should have mentioned Beijing instead of Bangalore since more manufacturing jobs were shipped to China than to India over the years.

"Looks like Obama got his geography wrong. Jobs are not going to Bangalore but Beijing, as manufacturing jobs are going to China and not India. Only 1000-2000 back office jobs have come to India," the official said on anonymity.

Agencies

India retains its leadership on global IT export, says World Bank

The World Bank on Wednesday said India leads all countries in exports of information communication technology (ICT) services.

In its latest report 'World Development Indicators 2009', World Bank said India's exports from the ICT sector increased from about $5 billion in 2000 to over $ 30 billion in 2006. This accounts for about 42 per cent of total service exports, it said.

At a time when there is a global recession and hundreds and thousands of people are being laid off, India's software industry employs about 1.6 million people, the report said.

China, though a distant second, is the next largest ICT services trader, with about $5.5 billion in ICT service exports, the report said.

The report said China and India were among the fastest-growing exporters. Export growth was led by manufactures in China and by services in India, it said.

Agencies

India's IT export target of $50 bn will be delayed, says NASSCOM

IT industry association NASSCOM said the export revenue target of 50 billion dollar by 2010 will be delayed by 3-4 quarters due to the global economic downturn, and warned of uncertainties in the near future.

The NASSCOM-McKinsey, however, presented an ambitious scenario for the Indian IT industry for the next 11 years saying the total revenue from export is expected to expand to 175 billion dollars by 2020 and revenues from the domestic market could achieve the 50 billion dollar mark.

"This, however, needs a concerted effort by both the industry and the government to ensure swift and sustained reforms in critical areas of education and infrastructure," NASSCOM said.

On the economic scenario, the organisation said the "global economic crisis will have far-reaching and as yet uncertain impact on the industry. Near term volumes and pricing is likely to come under pressure."

Commenting on the opportunities for the industry, Som Mittal, President, Nasscom, said, "The Indian IT industry is in the midst of unprecedented times because of the current economic environment. We expect the next few quarters to be extremely challenging with companies doing everything required to effectively overcome the challenges."

NASSCOM is of the view that the 2020 business landscape would be different from the one that was witnessed in the last decade as now it would be driven by global megatrends.

There are likely to be new verticals in the public sector, healthcare, media and utilities (which have adopted global sourcing only to a limited extent) along with new customer segments in the small and medium businesses.

"These new opportunities will result in export revenues of 175 billion dollar by 2020. On the back of these megatrends the Indian domestic industry too will experience significant growth and record a four-fold increase in revenues from 12 billion dollar in 2008 to 50 billion by 2020," it said.

"80 per cent of the incremental revenue growth by 2020 will be driven by opportunities outside of the current core markets, verticals and customer segments and the industry needs to redefine its value proposition to capture these," Mittal said.

The NASSCOM-McKinsey report said that India has been the destination for global sourcing over the last 10 years and has garnered a 51 per cent share of the industry today. India continues to be the most competitive among 25-30 low-cost locations even today.

Agencies