April 20, 2018

News for the IET

No specific news for the IET todayedit

Scroll down for key industry stories for the day.

News for other PEI

No specific news for the PEIs today.edit

Scroll down for key industry stories for the day.

Industry News: Information and Communications

Technology And The Future Of Air Transportedit

News Patrolling

“By embracing the Internet of Things and connecting everything across the industry we will produce more data which can be used with artificial intelligence to create valuable insights and expose new ways of working. Over the next 20 years, this use of digital technologies to improve service, operations and efficiency will have profound effects on the air transport industry.”

Artificial IntelligenceInternet of Things
IoT Law & Public Policy is Focus of New IMC Publicationedit

IT News Online

The International Journal of IoT Law & Public Policy, a journal that will cover how governments around the world are regulating and incentivizing the nascent technology sector known as the “Internet of Things”, will begin publication this month. Published by the largest trade group serving the IoT sector, the London-based IoT M2M Council (IMC), the new digital quarterly will act as a compendium of government actions that can impact the deployment of IoT technology.

IoTIoT Law
Disruptive innovation in technology can truly transform the countryedit

Live Mint

Some of the innovations can stretch one’s imagination, such as the artificial intelligence (AI)-based smart eye wear that assists visually impaired to navigate independently, search objects and recognize faces. Or, an Internet of Things (IoT)-based intelligent waste management solution that enables civic authorities with real-time data for ensuring faster and efficient cleaning.

AIIoT
Among all disruptive ideas, VC investors are most excited about this technologyedit

The Financial Express

The connected devices and IoT (Internet of Things) segment stood atop the average deal value chart with $29.5 million but slipped to third in terms of interest at a 2.62 investors-to-idea ratio, the GlobeData said. In the fourth quarter of the fiscal year 2017-18, the trends showed that Internet and tech giants, not banks, are the darlings of FinTech experts and investors.

Internet of Things
AI has a gender problem. Here’s what to do about itedit

Qrius

Finally, the development of voice assistants and Internet of Things (IoT) devices for the care of children and senior citizens is a market that is expected to expand rapidly in the next decade. The presumption that machines cannot invoke the emotional intelligence that care workers possess is increasingly being challenged with the emergence of smart tracking devices and health monitors that can observe and predict behaviour.

Internet of Things

Industry News: Future of Mobility

Electric Commercial Vehicle Market Worth 1,831,865 Units by 2025edit

PR Newswire

According to a new market research report “Electric Commercial Vehicle Market by Propulsion (BEV, HEV, PHEV & FCEV), Vehicle Type (Bus, Truck, Pick-Up Truck and Van), Component, Range, Autonomous Vehicle, Charging Infrastructure, and Region – Global Forecast to 2025” published by MarketsandMarkets, the market is projected to grow at a CAGR of 39.85% during the forecast period to reach 1,831,865 Units by 2025 from an estimated 125,212 Units in 2017.

electric mobilityElectric Vehicles
EV industry hails new LMV license policyedit

UNI

Electric Vehicle industry has hailed the new license policy of the government for light motor vehicles (LMVs). Ministry of Road Transport and Highway had recently proposed that license should be mandatory only for medium, heavy goods and passenger vehicles only. No other vehicle will require separate endorsement, even if they are used for commercial purposes.

electric mobility
India’s Electric Vehicle Dream Gets A Boost, Govt. Eases Setting Up Of Charging Stationsedit

Indiatimes

Countries the world over have decided to switch to electric vehicles and India is no different. The target that India has set itself is 2030, that’s merely 12 years away. Although the government has clarified that it’s not looking to completely switch to electric, it wants a big chunk of the car-buying population to move off petrol and diesel.

Electric Vehicles
Electric Vehicles This Week: FAME India Scheme Extends Till September, Ola Announces Mission: Electric And Moreedit

Inc42 

Sun Mobility has launched its global, interoperable smart mobility solution for two and three-wheeler electric vehicles at its new 47,500 sq. ft technology development centre in Bengaluru. The company’s energy infrastructure platform is claimed to be a first of its kind universal architecture solution.

electric mobilityElectric Vehicles

Industry News: Education

We need strong partnership with industry: Pradhanedit

The Hindu Business Line

There is a urgent need to link education that people receive to the job potential that exists in the country, said Dharmendra Pradhan, Minister for Skill Development and Entrepreneurship said while speaking at an event here on Thursday. “Schooling and skilling are complementary but one needs to understand that they are two different things. Education gives you knowledge, whereas skilling gives you employability,” Pradhan said at Hero Mindmine Summit 2018.

Skill Development
CM unveils Skilled-in-Odisha logoedit

The New Indian Express

Expressing happiness to see large participation by the youths of the State in the forthcoming State Skill competition, Odisha Skills-2018 to be organised at Bhubaneswar and Cuttack from April 28 to 30, the Chief Minister said such events will lead to more opportunities for the youth at the global level and will make skill aspirational for them.

Skill DevelopmentSkill development training

Uncategorized

NTPC Calls Tariff-based Bids for 2,000 MW of Renewable Energyedit

The Economic Times

By Sarita Singh

ate-run power producer NTPC has called tariff-based bids to buy 2,000 MW of renewable energy, which it plans to blend with the costly coal-based capacity and sell to distribution companies under their existing contracts. This follows the government’s recent policy announcement that gives coal-fired power plants with regulated tariffs the flexibility to generate and blend electricity, a move aimed at curbing emissions.

Renewable Energy
It’s Emerging Markets that Invest in Renewablesedit

The Economic Times

Share of energy extracted from renewable sources worldwide increased y-o-y from 11% to more than 12% in 2017 with developing countries investing more.

Renewable Energy
Cooler times await wind power equipment firms over Centre’s backingedit

Business Standard

By T E Narasimhan

With clarity on the wind energy auction pipeline and ratification of power purchase agreements (PPAs) helping improve their order book, renewable energy (RE) firms, especially wind power equipment makers, are attracting the attention of analysts and investors. The domestic market is on a growth path in the competitive bidding regime and there is higher demand for clean energy, now considered reliable, affordable and a mainstream source.

Renewable Energywind energy
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