Eon Reality to Bring in First Augmented Reality Institute in Varanasi

India: Eon reality, a multinational augmented reality and virtual reality software developer, will implement first augmented reality and training institute in Varanasi at a cost of USD13 million.

Augmented reality will enable students ranging from scholars to those who pursing research to get in-hand experience to unleash new kind of learning before entering the real-world workspace. The institute will be more of a virtual manufacturing shop floor to provide students from secondary education to research level “Hands-on training”.

Augmented reality will empower institute in resemblance to giant machine in virtual space. Every trainee will be able to unpack machine part by part to touch and feel the process. In context to real machine it will increased level of complexity depending on problem saving capability of trainees. The company will invest two-third of initial investment and rest will be borne by central government.

Any institute of the country can avail the service of the institutions after paying small fee for the facility. The institute will deploy software that are able to create virtual machines of various sectors from car design to automobile assembly line etc.           

TechSci Research depicts that Augmented Reality market is one of the fastest growing market. The augmented reality implementation in institute will enable student/trainees to get in-depth learning and improve thought process in problem solving capability making them efficient to deal with issues and complexity in real world.

According to TechSci Research report “India Augmented Reality and Virtual Reality Market By Product Type, By End-user, Competition Forecast and Opportunities, 2011 – 2021” India AR & VR market is projected to grow at a CAGR of over 55% during 2016 - 2021. Increasing AR usage for enhancing gaming experience, growing penetration of head-up displays in the automotive sector, rising use of AR in pico projectors, etc., are driving the AR & VR market in the country. India AR & VR market is a highly fragmented market, with several global majors such as Microsoft, OculusVR, Samsung, Sony, etc., operating across the value chain.