Technology

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.

London-based Hunting Energy Services will share patented Premium Connections technology with Jindal SAW Ltd of New Delhi to manufacture seamless casing and tubing for the Indian market.

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.