Chennai, Nov. 28 -- eXperiential Technology Innovation Centre (XTIC), an IIT Madras Institute of Eminence Centre in Virtual Reality and related fields, hosted the first-ever International XR Symposium for the Global Southon Friday.
The symposium positions India at the forefront of XR (extended reality) technologies while accelerating the Nation's drive toward Atmanirbhar Bharat in immersive systems.
Going forward, XTIC aims to champion frugal XR innovation, support Indian-made XR hardware and software, expand sector-wide adoption and nurture a large XR talent pool for public and social impact.
India's AR/VR market, valued at USD 4.84 billion in 2023, is projected to grow at a CAGR (Compound Annual Growth Rate) of about 38.3 per cent thro...