Samsung set to lead IoT and AI in India

In the just concluded hiring season at the IITs and other top engineering colleges in India, Samsung India picked up around 1,000 engineers. The smartphones and consumer electronics leader will engage these new hires on taking forward its plan...

World Economic Forum (Mumbai) to focus on AI, IoT & other new tech

The World Economic Forum said it is setting up a multi-million-dollar centre near here to help the larger society benefit from industrial revolution 4.0 technologies including IoT, blockchain, AI among others, reported Economic Times. This is the second such centre...

Wipro Infrastructure Engineering (WIN) forays into industrial automation space

Wipro Infrastructure Engineering (WIN) launches Industrial Automation business, WIN Automation. It is a full-service line Industrial Automation business that will focus on the discrete manufacturing sector in India and ASEAN and enable companies to be automated, digitized and smart. Announcing...

ABB, Niti Aayog inks deal to boost AI & big robotics

Technology company ABB India and Niti Aayog joined hands to boost the government's vision of 'Make in India' through advanced manufacturing technologies that incorporate the latest developments in robotics and Artificial Intelligence (AI), reported Zee Business. A Statement of Intent...

India aiming at equipping defence forces with AI

After Russia, China and US, India has decided to include Artificial Intelligence in its defence forces with an aim to enhance the operational preparedness of the armed forces. Speaking to ANI, Ajay Kumar, Defence Secretary (Production), MoD said that a task force has...

Universal Robots expects India biz to grow over 100 percent

Denmark-based Universal Robots expects its business in India to grow over 100 per cent with adoption of its robots in sectors like apparel, finance and electronics, the company said to ET. Universal Robots General Manager for South Asia Pradeep David said...

Artificial Intelligence to aid national goals: Telecom group

The Cellular Operators Association of India (COAI) Thursday said that the Artificial Intelligence or AI would play an important role in bringing new possibilities and meeting the national digital targets in the areas of healthcare, education and capacity building,...

Vodafone India leverages AI, Big Data to improve consumer experience

Country’s second-largest telecom service provider Vodafone India, in its strategic digital focus, is embracing Artificial Intelligence (AI) and Big Data technologies to enhance consumer experience, reported ET. “Technologies such as Artificial Intelligence and Big Data are helping us understand customer preferences better and that enable...

Govt aims to harness big data, AI in agriculture sector

The government and private companies alike are taking the first steps to deploy big data analytics, artificial intelligence (AI), and the Internet of Things (IoT) to gain insights into and offer solutions to problems in India’s agriculture sector, reported...

L&T seals Rs 14,000 crore deal to sell electrical & automation unit to Schneider

In its biggest divestment so far, engineering conglomerate Larsen & Toubro (L&T) on Tuesday said it would sell its electrical and automation business (E&A) to France-headquartered Schneider Electric for a cash consideration of Rs 140 billion, reported Business Standard. The deal...

NIET and PTC invests Rs 30 crore in its smart mfg labs

Noida Institute of Engineering & Technology, Greater Noida, in conjunction with PTC, are pleased to announce the official MOU Signing for new modernized Smart Manufacturing Lab in NIET campus on Industry 4.0, reported Dataquest. Being first of its kind in...

$180m invested in AI education by Reliance

Reliance has purchased 72.69 percent of shares of Bengaluru-based Embibe, an artificial intelligence-based education platform and has also planned to invest up to $180 million over three years into the edu-tech company. Embibe uses data analytics to deliver personalised learning...

NITI Aayog working on a national policy and incentives on AI

India will have a national policy on Artificial Intelligence soon, the initiative being spearheaded by National Institution for Transforming India, NITI Aayog. The policy will outline the areas of research, adoption, and ways of gaining profits out of the technology.  The...

Hero MotoCorp to hire 2,000 people for new manufacturing unit in AP

The two-wheeler maker Hero MotoCorp is planning to hire 2,000 people for its new manufacturing unit in Andhra Pradesh. The company announced today that it is commencing the construction of its new manufacturing facility in Andhra Pradesh. The company will invest Rs 1,600 crore...

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Recent Posts

Make in Tamil Nadu Gains Momentum

The two day industrial meet started with the hope to garner investments to the tune of Rs 2 lakh crore in sectors like automobile, smartphones...

Hyundai Electronic Forays Into Indian Home Appliances Market

Hyundai aims to give Indian consumers an exposure to smart goods technology and product diversification methodologies along with manufacturing cutting-edge goods. Hyundai Electronics, an arm of South Korean...

Tata Motors May Launch Its First EV In 2020

Tata Motors may follow its peers and jump on the electric vehicle bandwagon next year. Tata Motors has already developed an electric version of its existing range...

Domestic Solar Equipment Makers May Urge For Safeguard Duty

India imports around 90% of solar equipment used in the country from China and Malaysia. In another attempt to protect the local solar manufacturing market...

Battery Storage, Smart Grid, Energy Efficiency Companies Raised US$ 2.8 Bn in 2018

In 2018, smart grid companies received US$ 530 million in venture capital funding in 29 deals, witnessing an increase of 26 per cent compared to...