Technology

The private industry has been urged to take advantage of the Government’s policy initiatives and engage with defence services, Defence Public Sector Undertakings (DPSUs) and Ordnance Factory Board (OFB) for meeting the army’s indigenisation demands.

With increased trade and financial linkages with rest of the world, India has become more susceptible to the vagaries of heightened global economic uncertainties, the Reserve Bank of India Governor Shaktikanta Das has cautioned.

Mahindra & Mahindra Ltd has rolled out the 15th lakh unit of its Bolero Pick-up range from its Kandivali plant in Mumbai, maintaining its leading position in the market for over 20 years.

Lithuania could be an important technology partner for India, especially in areas such as lasers, renewable energy, agro-food processing and life sciences, said the Vice President, M Venkaiah Naidu.

India’s High Commissioner to Singapore Jawed Ashraf and a veteran businessman Girija Pande were honored for their achievements and contributions by the IIM Alumni Association of Singapore (PIIMA) on 17 August 2019.

India’s Noble laureate Kailash Satyarthi has taken on a new challenge of having a United Nation Convention to force stop the use of technology in cross border child abuse, especially pornography.

Beginning 7 September 2019, ASSOCHAM would be launching in 10 major cities ‘Startup Elevator Pitch Series,’ an initiative and a platform for budding entrepreneurs to pitch for funding and technology partners for their dream projects in 12 cities.

TVS Motor (Singapore) Pte Limited, a wholly-owned subsidiary of India's TVS Motor Company Limited, has signed definitive agreements to invest US$3.2 million in Cincinnati-headquartered Predictronics Corporation which specialises in providing end-to-end predictive maintenance analytics solutions.

The Indian MRO market is projected to grow at an expected five-year CAGR of close to 10% by 2023, according to a report by ResearchAndMarkets released on 14 August 2019.

The Indian agricultural machinery market is expected to expand at a compound annual growth rate (CAGR) of ~6.40% from 2018 to 2023, according to a ResearchAndMarkets report.