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Siemens inks pact with IISc, CMTI on development of industrial IoT, industry 4.0-enabled products and technologies The company signed two separate Memorandums of Understanding with IISc and CMTI here. “The MoUs will focus on development of Industrial Internet of Things and Industry 4.0-enabled products and technologies”, a Siemens release said. Managing Director and Chief Executive Officer, Siemens Limited, Sunil Mathur, said: “With Digital transformation now a priority for industry, premier educational institutions such as IISc and CMTI have a crucial role to play in equipping research...

Ola’s automated EV plant in Tamil Nadu to deploy whopping 5,000 robots  PTI New Delhi: Ride-hailing major Ola Wednesday said it has partnered with Siemens to leverage the latter’s technology at its upcoming electric vehicle manufacturing facility in Tamil Nadu. In December, Ola had announced inking an agreement with the Tamil Nadu government to invest Rs 2,400 crore for setting up its first electric scooter factory in the state. “Ola’s factory will be built on Industry 4.0 principles and will be the most advanced manufacturing facility in the country. It will have almos...

New Delhi, Ride-hailing major Ola on Wednesday said it has partnered with Siemens as it looks to rapidly build its upcoming electric vehicle manufacturing

BW Businessworld Ola Partners Siemens For EV Manufacturing Facility 'The factory will be artificial intelligence-powered with Ola's proprietary AI Engine and tech stack deeply integrated into every aspect of the manufacturing process, continuously self-learning and optimising every aspect of the manufacturing process,' Photo Credit : Ride-hailing major Ola on Wednesday said it has partnered with Siemens to leverage the latter's technology at its upcoming electric vehicle manufacturing facility in Tamil Nadu. In December, Ola had announced inking an agreement with the Tamil Nadu government t...

URL copied Ola will have access to Siemens’ integrated Digital Twin design and manufacturing solutions. Ola, one of the leading mobility companies in the world, on Wednesday announced that it has partnered with Siemens as it looks to rapidly build its upcoming electric vehicle manufacturing facility. This announcement comes on the heels of Ola’s MoU with the government of Tamil Nadu to invest nearly  Rs 2,400 crore towards building this facility. The factory will generate almost 10,000 jobs and with an initial capacity of 2 million units a year, it will be the largest scoo...