Startups Current Affairs

ITI Limited partners with startups to boost manufacturing of ICT, IoT and Defence Technology

State-owned ITI Limited has signed agreements with leading startups and original equipment manufacturers (OEMs) covering manufacturing of wide range of ICT-IOT (Information and communications technology- Internet of Things) based solutions. The agreements were signed on the sidelines of the first edition of ITI’s two-day ‘ICT & IoT Startup Tech Expo’ in Bengaluru, Karnataka.

Key Facts

The agreements with leading startups and OEMs covers manufacturing of civil and military advanced radar systems, advanced edge router systems, data storage and networking solutions, next generation 5G technology products, digital security solutions, advanced metering solutions and wi-fi products and solutions. This will help to promote effective platform for startups to convert their innovative ideas into marketable products and services. It will also help ITI diversify its’ manufacturing capabilities in partnership with startups, thereby supporting sustainable turnaround of ITI. It is also in line with draft National Digital Communications Policy 2018 which emphasizes domestic manufacturing of digital communications equipment and components and aims to introduce Phased Manufacturing Program for identified product segments.

ITI Limited- TEC New Delhi partnership

ITI Limited has also entered into agreement with Telecommunication Engineering Center (TEC), New Delhi for establishment of state-of-the-art telecom testing labs at its Bengaluru plant to facilitate mandatory testing of imported and indigenous telecom equipment in India.

Month: Categories: India Current Affairs 2018

Tags:

Integrate to Innovate Programme launched for startups in energy sector

Invest India under Department of Industrial Policy and Promotion (DIPP) in partnership with energy companies has launched Integrate to Innovate Programme for startups in energy sector. It is three-month programme for startups in the power sector aims to foster collaboration between startups and large corporations of the energy sector.

Integrate to Innovate (i2i) Programme

i2i programme will provide opportunity for startups for collaboration and conversation around valuable energy transitions by bringing their ideas to life with guidance and support from corporates. The selected startups will receive cash prize grant of up to Rs 5 lakh along with opportunity to pilot their product with corporates. The corporates will offer selected startups access to technology, technical and commercial mentorship and access to potential customers through corporate network of partners. Startups from innovators across various stages of energy life-cycle i.e. generation, transmission and distribution, storage and consumption in multiple sectors such as households, industry, farm, infrastructure, utility, building and transport are invited under this programme.

Invest India

It is official Investment Promotion and Facilitation Agency of Central Government. It has been set up as non-profit venture under Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industries. It is mandated to facilitate investments in the country. It is first stop for potential global investors in country.

Month: Categories: India Current Affairs 2018

Tags:

Advertisement

12345...10...13