February 5, 2018

News for the IET

Union Budget 2018: Reactions from the IT Industry Part IIIedit

IT News Online Secondly, the stress on digital learning is in complete sync with the Digital India movement. It is quite relieving to know that this time the government has taken a step towards encouraging talent growth in India. With the idea to set up another 18 IITs and NIITs along with the scheme to identify bright students pursuing B Tech in premiere engineering institutes, and providing them higher education opportunities in the IITs and IISc, we hope the vision of making India an education hub comes true very soon.

Dr. Rishi Bhatnagar: Chairman of IET India IoT panelThe IET India IoT Panel
Post-budget 2018 Reaction Dr. Rishi Mohan Bhatnagar, President, Aeris India, Chairperson of The Institution of Engineering and Technology – IoT panel for Indiaedit

Technuter We welcome the clear thrust on infrastructure that this budget has proposed. Addition of new smart cities and a higher allocation for such projects along with emphasis on niche technologies and the Digital India drive are also welcome. I was expecting a reduction in tax on hardware from 18 to 5 percent and a move towards rationalising spectrum license fees for promoting IoT adoption in the country.

Dr. Rishi Bhatnagar: Chairman of IET India IoT panelThe IET India IoT Panel

News for other PEI

No specific news for the PEIs todayedit

Scroll down for key industry stories for the day.

Industry News: Information and Communications

Telcos can attract $100 bn invt under NTP 2018 says TRAIedit

The Pioneer

  Under the NTP 2018, the telecom sector should be able to deploy 2 million public wireless local area network, including Wi-Fi hotspots in the country by 2020 and 5 million by 2022, enable access for connecting 1 billion internet of things (IoT)/ machine-to-machine sensors or devices by 2020 and 5 billion by 2022 and establish a policy framework for facilitating setting up of data centres by 2019

IoTTelecom
Time to Escalate Digital Security in Age of AI and IoTedit

SME Street

  On Digital TrendsWhat are the key trends that you witness in the digital security space? The government initiatives like Digital India and Make in India have encouraged businesses and large enterprises to adopt the latest technologies such as Internet of Things (IoT) and Artificial Intelligence (AI) to name a few.

AIIoTSecurity
The Age of Artificial Intelligence – Can AI Really Transform the Future of Businesses?edit

 

Live Mint There is a historic shift in the way digital is becoming a part of our lives – from digital payments, to the way we shop or even interact with each other. Fueled by technologies such as Artificial Intelligence (AI), Cloud, Internet of Things (IoT) and Blockchain – this new era of digitization is producing data which is outstripping human capacity to understand the meaning and value hidden within that data.

AIBlockchainIoT
Task force set up to study AI application in militaryedit

The Indian Express transform not only innovation ecosystem but also our economies and the way we live. To invest in research, training and skilling in robotics, artificial intelligence, digital manufacturing, big data analysis, quantum communication and internet of things, Department of Science & Technology will launch a mission on cyber physical systems to support establishment of centres of excellence”.

AIBig DataUpskilling
How ‘Internet of Things’ Will Change The Way Of Doing Businessedit

 

Marketing Mind

  Technology has played a major role in the change that we have seen in past few years. Human has become more machine dependent than ever before. The modern-day machines are becoming smart and next few years are expected to see the technologies that we could not have think of some years ago. Internet of Things(IoT) is one technology which every industry is trying to make the use of.

IoT
For 5G adoption in India, the government needs to think beyond a test bededit

The Hans India

  5G is going to play a pivotal role in ensuring the right initiatives are taken in the direction of healthcare, machine learning, smart cities and Internet of Things. Mritunjay Kapur, head – telecom, media and technology, KPMG, India, believes, “The is a good step because the implementation of 5G will happen realistically.”

5G TechnologyTelecom
Emerging technologies and their adoption emphasised in Budget 2018edit

The Hans India

  After a chaotic 2017, the government aims to smoothen the digital sphere of India by boosting digital payments and e-governance services. The earmarked budget will help in harnessing the potential of emerging technologies such as blockchain, artificial intelligence, robotic automation, and the internet of things (IoT).

AIAutomationBlockchainEmerging TechnologyIoT
Digital India to push AI, ML, blockchain, doubles allocation to Rs 3,073 croreedit

Gadgets now

  Startups in the AI, ML, big data, Internet of Things (IoT), 3D printing space are likely to get a leg up as a result. “I believe AI and ML can help India leapfrog across various sectors. Areas like healthcare, defence, cyber security, finance are ripe for disruption and India being such a large economy can really take advantage of AI and ML in a positive way,” said Manish Singhal, co-founder, pi Ventures, a VC fund which invests in deep technology startups.

AIBig DataDigital IndiaIoT
Budget 2018: Tax sops extended to non-tech startupsedit

 

ET Rise

  Emerging technology got prominent mention in the Union Budget. Federal policy think tank NITI Aayog will initiate a national programme on artificial intelligence, and the Department of Science & Technology will launch a mission to support investments in research and training in robotics, artificial intelligence, digital manufacturing, big data analytics, quantum communication and internet of things

AIBig DataIoTRobotics
Budget 2018: Reactions from Telecom Industry & Expertsedit

Giz Bot

  Jaitley has also announced allocation Rs 3,073 crore for the Department of Science and Technology (DST) to push adoption and development of new digital technologies in the country like machine learning, artificial intelligence (AI), Internet of things (IoT) and 3D printing.

AIIoTMachine LearningTelecom
Blockchain is the future, Indian industry leaders tell governmentedit

ET CIO Blockchain technology has benefits across the Banking, Financial Services and Insurance (BFSI) sector, retail, Internet of Things (IoT) and Cloud and the government should promote it towards realising its goal of digitally transforming the country, top industry leaders said on Friday. Blockchain is a distributed digital technology -that supports cryptocurrencies -and is adept for businesses where large amounts of data is transferred, updated and filtered by multiple users.

BlockchainIoT
Time to ring in a new telecom policyedit

The Financial Express

 

Further, the new policy needs to establish the role of the ICT as a facilitator of inclusive growth and sustainable development on the one hand, and as an essential delivery mechanism for important national programs such as “Digital India” and “Smart Cities” and transforming government and governance on the other. It also needs to develop an enabling framework that will aid the penetration of new, emerging technologies such as AI, IoT and Blockchain, etc.

AIBlockchainIoTTelecom
Incorporating Big Data Analytics in Supply Chainedit

Analytics Insight

  One of the major challenges is to find the appropriate pinpoint where the products are placed in the supply chain. Advances in digital technologies along with barcode scanners have enabled supply chain managers to precisely track where in the supply chain their products are located. Sensors along which internet of things can enable end-to-end traceability which helps the companies quickly identify the instances of any issues.

AnalyticsBig Data
Budget 2018: Stage set for new direction for Indian IT.edit

The Financial Express

 

By PP Thimaya

 

Finance minister Arun Jaitley while presenting the Budget emphasised the government’s intention to further the use of technologies such robotics, artificial intelligence (AI), digital manufacturing, Big Data analysis, quantum communication and Internet of Things (IoT).

AIBig DataIoTIT Industry
Artificial Intelligence, Machine Learning, Robotics, Big data, Quantum communication to see more investment: Pushan Mahapatraedit

Tech Observer

 

It will not just bring more customers to the online market but also lead to creation of an always-connected environment where IoT devices can thrive. Insurance industry which has already adopted IoT so well in form of wearable devices will then look at other applications in Motor, Weather & Crop insurance segments where continuous flow of real time data on the ground will revolutionize the way we price the products today and will make it more affordable for masses.

AIBig DataIoTMachine Learning
AI to IoT, City First to Embrace New Innovationsedit

The Economic Times By Ayan Pramanik Bengaluru, the first Indian city to have its logo “Be U” like Amsterdam and New York, has seen another steady economic evolution: startup boom. The city now practically has offices of all prominent global startups and ecommerce firms. Brands such as Flipkart, Ola, Uber, Mu Sigma, Practo, TeamIndus have been the early names to put Bengaluru on global startup map across industries starting from mobility to aerospace.

AIIoT

Industry News: Future of Mobility

EV 2.0 will deliver ranges up to 400 km with same battery sizeedit

The Hindu Business Line

 

By Ronendra Singh

  Mahindra Electric, the electric vehicle (EV) arm of the multi-billion Mahindra & Mahindra Group, has been struggling and waiting for electrification of cars on the Indian roads. It got some excitement when Road and Transport Minister Nitin Gadkari had some tough talk at an event saying by 2030, India should achieve 100 per cent e-mobility. But, all-talks-no implementation cannot help an industry to grow.

e-mobilityElectric Vehicles

Industry News: Education

Now Mechatronics combo gets popular to increase employability of fresh engineersedit

Deccan Chronicle

 

A recent study of the sector found that societal bias against hands-on jobs has adversely affected the importance and growth of attaining skillsets among the new generation, and in turn led to a decrease in employability. According to ‘Signalling Value of Skills, Education and Hands-on Jobs,’ conducted by TeamLease Services, such jobs are meant only for the underprivileged. “

EducationEngineering
Women empowerment through skill developmentedit

Daily Excelsior In consonance with the national level endeavor of emancipation of women, aptly embodied in the slogan ‘Beti Bachao Beti Padao’, a number of girls have enrolled for the Cutting,Tailoring and Fashion Designing courses in Army’s Youth centre at Boniyar in Baramulla district. An Army spokesman said they have undertaken a large number of initiatives to empower women.

Skill Development
Recognising the Finest Practices and Mindsedit

 

Digital Learning Looking at the potential of Information and communications technology (ICT) in making a significant and positive impact on education, it is vital to understand a forum that serves as the knowledge-sharing platform for thought leaders, edu-experts and industry leaders – the School Leadership Summit (SLS).

Education
Engineering overhyped; quality takesedit

 

The Asian Age

  Heavy emphasis on engineering is resulting in poor quality of engineers and less focus on other courses. Students are joining engineering colleges because of increased affordability and easy access to institutions, irrational expansion of engineering education, advent of high paying jobs, particularly in the IT sector, and social pressure, said experts.

EducationEngineering
BMC Budget 2018-19: Training in skill development for 1,000 womenedit

The Indian Express

 

Civic chief Ajoy Mehta introduced a new skill development training scheme for women, with an aim to train at least 1,000 women from 100 self help groups. Besides the training and machinery, the women would be provided loan from a financial institution and assistance for marketing. “For sanitary pad making, women self help groups will be given institutional training.

Skill Development
10 students to be sent to Australia for skill developmentedit

The Hindu

  Valedictory function of ‘Gillette Vetri Nichayam’ held The valedictory function of The Hindu Group’s programme, ‘Gillette Vetri Nichayam,’ under which 30,000 engineering students in Tamil Nadu and Puducherry were provided with skill development training, was held at Sri Sai Ram Engineering College, Tambaram, a press release said. Competitions were held and the 10 best students were given an opportunity to go to Australia for training for six months.

Skill Development
Bengaluru-based ed-tech startup AEON Learning helps professionals acquire new skillsedit

The Economic Times

 

By Vinay Diwedi The need to upgrade and up-skill among working professionals, without having to take a career-break, posed a tricky problem. Education industry veteran, Karthik K.S. decided to solve it. “Due to the reduced shelf life of employee skills, continuing education is no longer an option, but a must to remain relevant in the job market.

EducationSkill Development
An Open Letter to ISRO Chief K. Sivan on Promoting STEM Education in Indiaedit

The Wire

By Narayan Prasad

  Today, there is a growing inequality in science, technology, engineering and mathematics (STEM) education in India. In the 21st century, we need our children to learn certain skills and design-based learning to spur curiosity and innovation. There is also a conspicuous issue of lack of resources to invest in building teaching capacity and creating experiment-based hands-on learning environments at the grassroots level, and this affects the quality of graduates in India.

EducationSTEM

Uncategorized

India should aim for 50 per cent renewable energy by 2030: Piyush Goyaledit

ET Energy World

  The minister also said the country is set to exceed the target of 175 GW in renewable energy and touch 200 GW by 2022 which “shows the seriousness India attaches to climate change and environment protection.” India, the seventh largest economy in the world, is poised for fast economic growth in the coming years and will rank as the second largest in not-so-distant future, he added.

Renewable Energy
Budget 2018: What’s In Store For Renewable Energy Sector?edit

CXO Today During his Budget 2018 speech, Arun Jaitley also made another announcement that the government will take measures in order to encourage various state governments to put up a mechanism which will ensure that surplus solar power generated by farmers using solar pumps is purchased by the distribution companies (DISCOMs). This too can be an impetus for the renewable energy sector in India.

Renewable Energy
Solar Tariffs Perk Up In Latest Karnataka Auctionedit

Khabar India Though Karnataka gets lower solar radiation than Rajasthan and the winning tariff was expected to be consequently higher, the 50 paise per unit rise is striking. It confirms the view of many developers and lenders that bidding in the last few solar auctions had been too aggressive, and some correction was likely, more so because the cost of solar panels and modules has been rising in China.

Solar Power
Govt lines up 2,000-MW solar power auctionedit

The Financial Express To achieve the target of achieving 100 gigawatt (GW) of installed solar energy capacity by 2022, the Central government has invited tenders for 2,000 MW of solar power projects connected to the inter-state transmission system. The Solar Energy Corporation of (SECI) would sign 25-year power purchase agreements (PPAs) with the winning bidders and sell the power to electricity distribution utilities (discoms).

Renewable EnergySolar Energy
70 pct safeguard duty on solar cell imports splits industryedit

The Financial Express

By Anupam Chatterjee

 

India’s production capacity for solar cells stands at 3.2 GW and that for modules at 8.5 GW. Given the targets set by the Centre, prioritising the ‘Make in India’ policy could thus hamper the green energy mission. The proposed duty came on the back of an application for probe filed by the Indian Solar Manufacturing Association (ISMA).

Renewable Energy
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