Siemens has signed two separate Memorandums of Understanding with Indian Institute of Science (IISc) and Central Manufacturing Technology Institute (CMTI) respectively to establish first-of-its-kind digital transformation labs. The labs are aimed at enhancing the expertise of researchers at IISc as well as technical skills of professionals in the Machine Tool industry. The MoUs will focus on development of Industrial Internet of Things and Industry 4.0-enabled products and technologies.
The Smart Factory at IISc and the Smart Manufacturing Demo and Development Cell at CMTI are two of the five experiential and demonstration centers for Industry 4.0 sanctioned under the Smart Advanced Manufacturing and Rapid Transformation Hub (SAMARTH) Udyog initiative of the Ministry of Heavy Industries and Public Enterprises, Government of India. The support from Siemens will be used to develop IIoT/Industry 4.0 enabled digital twin-based platform for machine tool industry and a machine tool health monitoring app on the platform.
Siemens is a technology powerhouse that has stood for engineering excellence, innovation, quality and reliability. The company focuses on the areas of electrification, automation and digitalization.
Company Name | CMP |
---|---|
Siemens | 5600.20 |
Havells India | 1469.45 |
Apar Inds | 6986.25 |
ABB India | 6316.35 |
CG Power & Indl.Soln | 523.55 |
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