Industry Welcomes Govt’s Focus on AI & Manufacturing : Budget 2019

Tech companies believe that the focus on leveraging digital technologies will boost rural manufacturing and create jobs. Finance Minister Piyush Goyal on Friday announced that the government will soon launch a National Artificial Intelligence Portal. Hailing the Interim Budget, tech companies on Friday...

Foxconn To Set Up R&D Centre For AI In Hyderabad

The R&D platform would provide solutions to Foxconn Group with a vision to integrate and incorporate latest technologies. The subsidiary of Foxconn Technology,Foxconn Industrial Internet will soon establish an Advanced Industrial Artificial Intelligence Research and Development Centre in Hyderabad to facilitate technological services and...

Industrial Automation & AI to Transform India into a $1 Trillion Mfg Economy by...

Rockwell Automation to take the lead in developing industry 4.0 ecosystem allowing Indian manufacturers to collaborate and compete globally. If India aims to triple its combined factory output in gross value added (GVA) terms to $1 trillion by 2025,the country...

“The 5G enabled digitalisation revenues will show growth rates upwards of 20 per cent...

What are the opportunities and challenges that leading PCB manufacturers should be ready for, with the arrival of 5G? To find that out, Rahul Chopra of the EFY Group spoke to Erich Schlaffer, project leader research & development, AT&S,...

AI, Big Data To Be Tapped For Defence Forces: Army Chief

Rapid advances in technology necessitated incorporation of the industrial sector into defence manufacturing. Army Chief General Bipin Rawat stressed the need to focus on incorporating Artificial Intelligence (AI) and big data computing into the Armed forces' system, saying the northern...

Infosys Aims To Tap More Japanese Mfg Companies With Joint Venture

Japanese companies are increasingly tapping Indian talent and companies to build products and solutions at lower costs to compete against Chinese firms.  Infosys plans to create a bigger footprint in Japan to tap the transformation across manufacturing sector through its joint...

Bhubaneswar To Get India’s Second Electropreneur Park

Start-ups under verticals- energy, education and industrial automation and process control will be given focus at the centre. The Software Technology Parks of India (STPI) has entered into a pact with India Electronics and Semiconductor Association (IESA), the premier trade body representing the Indian...

LG Teams up with Microsoft to Accelerate Autonomous Vehicles Business

LG Electronics is planning to grow its autonomous vehicle and infotainment system business by leveraging Microsoft's Azure cloud and Artificial Intelligence (AI) technologies. It has been reported that LG Electronics,the Korea based company will soon apply Microsoft's AI knowledge to...

AI Offers $340-Billion Cost-saving Opportunity for Retailers: Study

The study observes that retailers deploying Artificial Intelligence were eight times more likely to be working on high-complexity projects than ‘quick win’ projects that are easier to scale. The French technology services major Capgemini in its recent study revealed that...

Wipro Partners with Rockwell Automation to Create Automation Solutions for Industries

The company is targeting to achieve $100 million in next five years in industrial automation revenue Wipro Infrastructure Engineering (WIN), a part of Wipro, has signed an agreement with the US-headquartered Rockwell Automation to tap the emerging industrial automation market. As...

Wipro Opens Innovation Hub in Detroit to Develop Connected Vehicle Solutions

Wipro aims to further improve connected vehicle technologies with In-vehicle Human Machine Interface, on-board sensor data management, big data insights and end-user mobile apps for delivering personalized driving or mobility experiences  Wipro has opened an innovation centre at Detroit in...

AI to Impact Mainly Automotive, Retail, Transportation Companies

Although there will be more intense competition among companies in terms of application of AI, market analysts say potential benefits far outweigh the threats Market research analysts have predicted that companies in the automotive, aerospace and defense, and retail sectors...

MG Motor India Partners with Cisco, UNLIMIT to Develop Connected Mobility Enabled Vehicles

The value of the connected mobility market could reach the size of $3 Billion USD by 2020 in India, reveals an industry white-paper report released by MG Motor India. MG Motor India on Friday announced its partnership with leading...

Ericsson Signs 5-yr Connected Vehicle Cloud Worldwide Deal with Volvo Cars

Ericsson Connected Vehicle Cloud platform will further enhance Volvo Cars’ connected services by removing complexity in areas such as data legislation and storage management Ericsson will provide its industrialized Ericsson Connected Vehicle Cloud (CVC) platform to Volvo Car Group (Volvo...

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Recent Posts

Production of 200mm Wafers will Reach 700,000 from 2019 to 2022: SEMI

The strong growth in 200mm wafer production reflects the sound capacity demand across several industry segments, SEMI reports On the back of strong global demand...

$50-60 Billion Required By Telecom Sector To Achieve Policy Goals

There have been various litigations on the AGR while over Rs 25,000 crore is lying with the government on account of GST for which...

Xiaomi To Open Its 7th Manufacturing Plant In India

The new plants of Xiaomi are spread across four campuses in partnership with Foxconn, Flex and Hipad. Xiaomi,the China-based smartphone manufacturer has recently announced a new manufacturing plant in...

Hyundai, Kia To Build India-Specific Electric Cars

Hyundai has not specified a timeline for the launch of its electric car for Ola. Hyundai and Kia have announced a big investment in Ola and a part...

ADB To Invest $50 Million In Solar Project Developer Avaada

The project will contribute to increase the share of renewable energy generation capacity from about 20 per cent in 2018 to 40 per cent...