Technology

The Indian Lithium Ion Cell and Battery Market is expected to grow in the at a CAGR of 36.3% by 2023, driven by increased use of lithium ion battery in electric vehicles, said a ResearchAndMarkets report.

The electric vehicle charging infrastructure market in India is anticipated to grow at a CAGR of over 40% during 2019-2025, says a report by ResearchAndMarkets on 13 August 2019.

Wipro Limited has launched three edge artificial intelligence (AI) starter solutions powered by Intel Xeon® Scalable processors to help enterprises in the Energy & Utilities and Healthcare markets jump start their AI adoption.

A US$10 million Pune factory is set to produce electric three-wheelers this month, first for the Indian market and then for exports to emerging economies globally.

Southfield's power management company Eaton has chosen global technology company KPIT of Pune to support the development of next-generation electrified mobility technologies for its eMobility business unit.

Uniphore, incubated in 2008 at IIT Madras, is gaining momentum and has raised US$51 million in Series C funding led by March Capital Partners for its “go-to-the-market” in North America.

DBS Bank India Limited and Social Alpha have announced a strategic partnership on 13 August 2019, aimed at bolstering the growth of social enterprises and supporting innovators through business mentoring and seed capital.

Microsoft Corp and Reliance Jio Infocomm Limited (Jio) are embarking on a unique, comprehensive, long-term strategic relationship aimed at accelerating the digital transformation of the Indian economy and society.

The Department of Atomic Energy (DAE) has held a two-day exhibition on DAE spin-off technologies for non-power applications at New Moti Bagh recreation club, New Delhi. The exhibition was held 11-12 August 2019.

India needs a technological breakthrough to make crop insurance scheme a success across the country, said Dr Ashish Kumar Bhutani, CEO, Pradhan Mantri Fasal Bima Yojana (PMFBY) and Joint Secretary (Credit) at Ministry of Agriculture and Farmers' Welfare.