ARC India

Solar power in India is a fast growing industry. The World Bank has described India as having “among the best conditions in the world to capture and use solar energy.” The country's solar installed capacity reached 20 GW in February 2018. According to the Institute for Energy Economics and Financial Analysis (IEEFA), India doubled solar capacity in 2017-18 and is rapidly upscaling capacity to strive towards achieving 100 GW of solar by 2022. As part of India's ambitious solar program, the central government has set up a $350 million fund and the Yes Bank has committed to loan $5 billion to finance solar projects.

The National Institution for Transforming India (NITI Aayog), the think tank of the Indian government, and ABB India have signed a Statement of Intent (SoI) to support the Indian government to realize its ambitious vision of “Make in India” through advanced manufacturing technologies that incorporate the latest developments in robotics and artificial intelligence.

At the Siemens Innovation Day in Mumbai, Siemens announced the expansion of its Industrie 4.0 offerings with the launch of four MindSphere Application Centers in India (Pune, Noida, and two in Gurgaon).

Machine learning is now poised to find meaningful patterns in the messy, variable, and heretofore immeasurable activities of human beings.

Technology’s tentacles have encroached every aspect of our lives. Sitting in the comfort of your home you can tune in to live discussions and gain new understanding about technologies that are reshaping our world view. NDTV Tech Conclave 2018 saw a congregation of leading minds in the technology, mobile, and digital industries. The conclave aimed to showcase and create opportunities by bringing together many of the top entrepreneurs, investors, enterprise leaders, academics, and policymakers from around the world.

India’s Larsen & Toubro (L&T) has agreed to sell its electrical and automation business for $2.1 billion (140 billion rupees), in an all-cash deal, to Schneider Electric SE.

Nepal Electricity Authority (NEA) has selected Siemens for upgrading its 15 year old Supervisory Control and Data Acquisition/Energy Management System (SCADA/EMS) at its Load Dispatch Center (LDC) located in Kathmandu.

ABB inaugurated an innovative microgrid solution at its Vadodora manufacturing facility in Gujarat, India. This is the company’s largest facility in India, with over 3,000 employees and among ABB’s biggest manufacturing hubs in the world.

TECHgium is an educational initiative for young engineers that results in proof of concepts in machine learning, video analytics, smart tools, augmented reality, IoT platforms, and other exciting areas. This is a unique initiative to share end user challenges and pain points with students and ask them to come up with innovative solutions. The aim is to provide engineering students with relevant exposure to the challenges and practical insights for Industrie 4.0. TECHgium will create an ecosystem that bridges the industry-academia divide by providing the participants with an opportunity to work on technologies of tomorrow, enhance their career prospects, and simultaneously augment LTTS’ solution development team.

Saudi Aramco, the world's largest oil producer, signed an agreement to pick up 50 percent stake in a planned $44-billion refinery-cum-petrochemical project in Maharashtra, India - a move that will give it an assured customer for additional 30 million tons of its crude oil.