MeitY, Govt of Andhra Pradesh and NASSCOM Launch Centre of Excellence

- Advertisement -

“The world is now looking towards India as a reliable and trusted supply chain partner. The target of $1 Trillion Digital economy is real and achieveable”

National Association of Software and Services Companies (NASSCOM), in a joint partnership with the Ministry of Electronics and Information Technology (MeitY) and Government of Andhra Pradesh, today inaugurated the ‘Centre of Excellence on IoT and AI’ at Andhra University Campus, Visakhapatnam, aimed at promoting innovation in emerging technologies of IoT, AI, robotics, etc. The centre was inaugurated by Sri. Rajeev Chandrasekhar, Union Minister of State for Skill Development and Entrepreneurship & Electronics and Information Technology.

“Technologies like IoT, technologies like AI are going to deeply shape the future of technology landscape and the economy in general. It is absolutely essential that the Center of Excellence becomes not just academic extensions of university, but they become living, breathing, growing centres of energy, dynamism, entrepreneurship, and technology in the coming years,” said the minister.

- Advertisement -

The Minister appreciated the collaborative approach that has been followed in setting up of this CoE by the GoI, GoAP, Industry and academia. He termed that such collaborations amongst all stakeholders shall bring in the right synergy to realise the opportunity that is offered by the post covid world order. The world is now looking towards India as a reliable and trusted supply chain partner. He said that the target of $1 Trillion Digital economy is real and achieveable.

“We’re going to be creating the Andhra Pradesh government in itself as an incubation hub. We have 9 technologies, what we have said are going to be the sunrise technologies for world events. One is Artificial Intelligence & Machine learning, second is Robotic Process Automation, third is edge computing, which is an extension to Cloud computing, fourth is quantum computing, the fifth is virtual reality and augmented reality, sixth is blockchain, seventh is IoT, eighth is 5G and ninth is cyber security. If I can be a world-class leader in any of these nine technologies, then we’re talking about a trillion-dollar economy coming to the shores of Andhra Pradesh,” noted MekapatiGoutham Reddy, Minister for Industries & Commerce, Information Technology and Skill Development, Government of Andhra Pradesh.

- Advertisement -

Most Popular Articles

Mukul Yudhveer Singh
Mukul Yudhveer Singh
Mukul Yudhveer Singh is an Editor at EFY. He’s an experienced business journalist who is both an enthusiast and a cynic of technology. Believes in data, as well as hunch-based journalism. He defines journalism as- reporting facts which help the audience take their own decisions, not ones that influence them!

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

Growth Opportunities Connected With The Growing Semicon EcoSystem In India

0
India must concentrate on electronics products and semiconductor components, as progress in one area reinforces the other. The country can unlock immense economic opportunities...

“Don’t Let Designations Become A Wild Goose Chase”

0
In his childhood, he possessed just one sweater, meant to last through many winters. He could not join IIT Roorkee because the cost of...

“Capitalise On ‘China Plus Two,’ Where Products With Higher Value Addition Become The Focus”

0
EPIC Foundation aims to transform India into an electronics hardware product nation by collaborating with governments, universities, design houses, and startups. In a conversation...

Buzz

Ultraviolette Aims For European And Middle Eastern Expansion

0
Niraj Rajmohan, Co-Founder and CTO of Ultraviolette stated that 2024 is set to mark the company’s foray into international markets while simultaneously strengthening its...

Chargeup’s Goal: 25,000 Drivers In 17 Cities By 2025, Prioritizing Smaller Cities

0
Chargeup, the forefront battery financing and comprehensive EV asset management platform in India, is on a mission to integrate 100,000 drivers within the upcoming...

Ampere Nexus, Electric Scooter Launching April 30th

0
Greaves Electric Mobility’s Nexus, having recently traversed the distance from Kashmir to Kanyakumari, is set to be the brand’s inaugural luxury electric scooter and...

Important Sectors

Exploring India’s Limited Selection: Just Six Robust Hybrids Priced Under ₹ 5 Million

0
As the United States passenger car market embraces hybrid vehicles, India’s car market is teeming with benefits and convenience for consumers. Yet, within the...

Top 10 Selling Electric Cars In The World

0
In the list of top 10 selling electric cars in the world, it seems to be a tight race between China’s BYD and the...

Ultraviolette Aims For European And Middle Eastern Expansion

0
Niraj Rajmohan, Co-Founder and CTO of Ultraviolette stated that 2024 is set to mark the company’s foray into international markets while simultaneously strengthening its...

Ampere Nexus, Electric Scooter Launching April 30th

0
Greaves Electric Mobility’s Nexus, having recently traversed the distance from Kashmir to Kanyakumari, is set to be the brand’s inaugural luxury electric scooter and...

Ford Investes In Expanding EV Software Capabilities At Chennai Hub

0
Ford Business Solutions India, presently with a staff of 12,000, is poised to expand by an additional 3,000 employees. Ford, recognized for its efforts...

Manufacturing

Honda plans major EV factory construction in Canada,

0
Honda's dedication to this facility reflects its wider ecological objectives, which include a target to only offer zero-emission vehicles by 2040 and to attain...
Sona Comstar

Sona Comstar Launches Mexico Plant For North American EV Demand

0
The new facility, established to address the increasing demand for premium driveline solutions for BEVs in North America, will focus on manufacturing differential assemblies...

Sterling Tools Inks MoU With Yongin For EV Components Facility

0
Sterling Tools announced that this strategic partnership is anticipated to bring in Rs 250 crore in business over the next five years. This collaboration...

Tata Elxsi-Renesas MCU Boosts EV Cost Efficiency And Market Speed

0
The Motor Control Unit's modular, scalable design facilitates integration across various EV applications, reducing time to market by 40%, lowering design and development costs...

Ramkrishna Forgings To Supply Powertrain Parts To Top US Electric Carmaker

0
Indian producer of rolled, forged, and machined products enter the US electric vehicle market for the first time. Ramkrishna Forgings, an Indian supplier of rolled,...