French expertise in smartcards to be showcased at SmartCards Expo 2014

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French expertise in smartcards to be showcased
at SmartCards Expo 2014New Delhi – 14 th to 17th October , 2014

The French Trade Commission UBIFRANCE in India, in association with key French partners and Indian stakeholders, will be organising for the 4^th consecutive year- a French Pavilion at SmartCards Expo 2014, held from the 15^th to the 17^th of October in New Delhi.  

The French Pavilion will bring together leading companies from the French AIDC (Automatic Identification and Data Capture) and Secure Technologies industries to showcase their technologies and solutions and evaluate business opportunities in the Indian market during SmartCards Expo 2014, the leading event in India on technologies, solutions and services related to smartcards, biometrics etc.

Around 800 French companies operate in the field of digital trust with around 100 solution editors, 100 equipment manufacturers and around 600 services companies. Among those, the biggest of those enterprises are worldwide leaders in chips and smartcards, ID management and biometrics, eGovernance, home security and payments; with SMEs pioneering in core technologies and niche markets. This sector also differentiates itself by its very high level of technology, with an average of 15% of revenues on digital trust re-invested in R&D by French enterprises (with even higher figures among equipment manufacturers and solution editors).

At the same time, India appears as a front-runner in terms of adoption of digital trust technologies especially in the field of AIDC (Automatic Identification and Data Capture)through the implementation of strategic national projects making use of identification and secure technologies (Aadhaar, RSBY, MGNREGA, e-Driving licenses…) and the development of very innovative projects and concepts to tackle for instance financial inclusion (PMJDY…) and promotion of non-cash payment modes (Rupay Card…). A large number of initiatives have been undertaken by various State Governments and Central Ministries to usher in an era of eGovernance. In order to promote eGovernance in a holistic manner, various policy initiatives and projects have been undertaken to develop core and support infrastructure.

As such, the AIDC (Automatic Identification and Data Capture) market in India has, for instance, grown from USD 581 million in 2010 to close toUSD 1 billion in 2012 and nearly USD 1.3 billion in 2014 at a Compound Annual Growth Rate (CAGR) of 22.37 percent according to Frost & Sullivan. Of the AIDC technologies, smartcards take the lions’ share with 2010 revenues pegged at USD 510 million and reaching USD 903 million in 2014, but biometrics and RFID/NFC are being expected to capture a larger share of the AIDC market in the near future.

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Considering the relevance and rising importance of such technologies and solutions in today’s world, the French Pavilion at the SmartCards Expo 2014 on the 15th to 17th of October will gather 5 renowned companies[1] offering avant-garde applications in the fields of smartcards, biometrics, eGovernance, secure e/m-Payments and secure documents: GEMALTO, NBS TECHNOLOGIES, OBERTHUR TECHNOLOGIES, SMARTWAREand SPS RELIABLE TECHNOLOGY. The main objective of these French companies is to present and promote their latest technological developments in their area of expertise while working out partnerships with key Indian stakeholders and industry players.

The mission of this trade delegation will start on the 14th of October in New Delhi with an Indo-French Seminar on e-Governance, Secure Transactions and Digital Identification and Security which will include presentations of key Indian stakeholders -both from the Indian digital trust industry and public agencies- addressing the status of digital trust in India and the advancement of the most significant initiatives taken by the Government of India in the fields of secured identifications, eGovernance and payment systems. Their round of presentations will be followed by a session dealing with latest technological developments in those fields and their opportunities for future.

About UBIFRANCE and the French Trade Commission UBIFRANCE in India:

UBIFRANCE is the French agency for international business development, a key public partner in export for French companies. Its complete range of services includes providing information (on markets, legal, regulatory, international financing, calls to tender, sector watch), export consulting, sales actions (prospecting missions, partnership meetings, trade events abroad, communication in the international press, etc.).

To support French companies of all sizes and all sectors in their development on foreign markets, UBIFRANCE mobilises the expertise of 1,400 persons in France (Paris and Marseille) and in 70 other countries through its French Trade Commissions UBIFRANCE and a network of Press Offices. The French Trade Commission UBIFRANCE in India has 4 offices located in the business hubs of New Delhi, Mumbai, Bengaluru and Chennai, with a total dedicated multicultural team of over 30 experts.

UBIFRANCE’s know-how and experience are globally recognized with a worldwide network of 80 Trade Commissions.

For further information, please contact:

Ms. Karishma WANVARITrade OfficerNew Technologies – Innovation – Services DepartmentFrench Trade Commission UBIFRANCE in IndiaConsulate General of France, MumbaiTel.: +91 (0)22 66 69 40 87Email: karishma.wanvari@ubifrance.fr