SME Times is powered by   
Search News
Just in:   • Equity indices break two-day losing streak on value buying  • IMF urges Sri Lanka to tighten monetary policy  • Global semiconductor sales to reach $676 bn this year: Gartner  • Tinna Rubber hits upper circuit, investors accumulate 900% returns in year  • Availability of jobs in Japan improves for 1st time in 3 yrs 
Last updated: 06 Nov, 2015  

India Flag Amblem THMB Mfg Cos will become digital ones in a decade: Official

   Top Stories
» Net direct tax collection reaches highest-ever figure in FY 22
» Musk has to manufacture here to sell Tesla cars in India: Gadkari
» Round tripping of industrial inputs by large players unfavourable to local value chains
» Sitharaman engages investors in Silicon Valley
» Modi hails India's success in achieving target of $400 billion of exports
SME Times News Bureau | 06 Nov, 2015
Calling for turning India into a hub for design, manufacture and innovation, a top official on Thursday projected that manufacturing companies would become digital ones in ten years time.

"Manufacturing companies will become digital companies in 10 years," Industrial Policy and Promotion Secretary Amitabh Kant said while inaugurating the Bosch Smart Manufacturing Conclave in Mumbai.

"We must equip our schools and colleges with 3D machines and robots. Manufacturing will be driven by them," he said.

Bosch Engineering and Business Solutions president Vijay Ratnaparkhe said: "We believe that the use of intelligent and connected solutions in manufacturing will play an increasing role in India."

Meanwhile, Bosch India, a leading supplier of technology and services, has signed a pact with the Indian Institute of Science (IISc) for local research and innovations.

The memorandum of understanding (MoU) was signed in the presence of President Pranab Mukherjee at the Rashtrapati Bhavan on Thursday, the company said in a statement.

"This partnership between industry and academia further enforces our ties with IISc and underlines our commitment towards local innovations, according to our slogan 'Invented for life'.

"We expect to see positive results as we collaborate in research on areas of strategic interest, such as mobility, healthcare, energy and water," Bosch Group India president Steffen Berns said in the statement.

"With the MoU sign off, we look to engage in deeper research that will improve the quality of life in totality," said IISc director Anurag Kumar.
Print the Page Add to Favorite
Share this on :

Please comment on this story:
Subject :
(Maximum 1500 characters)  Characters left 1500
Your name:

  Customs Exchange Rates
Currency Import Export
US Dollar
UK Pound
Japanese Yen 58.85 56.85
As on 27 Apr, 2022
  Daily Poll
COVID-19 has directly affected your business
 Can't say
  Commented Stories
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter