Fibocom Showcases 'Made in India' IoT Solutions at Electronica India 2024

Fibocom, a leader in IoT wireless solutions, displayed its 'Made in India' capabilities at Electronica India 2024. The company showcased products aimed at improving connectivity in various sectors, highlighting innovations in FWA, smart metering, fleet management, and smart retail. These solutions align with India's 'Make in India' initiative and contribute to technological self-sufficiency.

Fibocom, a global leader in IoT wireless solutions, made a significant impact at Electronica India 2024, South Asia's premier electronics trade fair, by showcasing its burgeoning 'Made in India' capabilities. The event featured Fibocom's latest suite of products designed to enhance connectivity in industries such as Fixed Wireless Access (FWA), smart metering, fleet management, and smart retail.

The IoT market in India is experiencing rapid growth, driven by government initiatives like Digital India and Smart Cities. The market, valued at $1.2 billion in 2023, is projected to grow at a CAGR of 12.17% from 2024 to 2032, according to an IMARC report. Fibocom aims to bridge the digital divide with high-end modules like FG360, FG190, and FG170, offering solutions for FWA applications and providing reliable internet services to underserved regions.

Fibocom's emphasis on 'Made in India' aligns with the country's 'Make in India' initiative. The company has invested in local manufacturing, enhancing cost-efficiency, delivery times, and after-sales support. This strategic move helps India build a robust, self-reliant supply chain in the IoT sector, supporting the nation's technological and economic goals.

(With inputs from agencies.)