Siemens inks pacts for digital transformation labs
Technology

Siemens inks pacts for digital transformation labs

Siemens has signed pacts with Central Manufacturing Technology Institute (CMTI) and Indian Institute of Science (IISc) for setting up digital transformation labs.

The conglomerate signed two separate memorandums of understandings (MoUs) with CMTI and IISc, to establish "first-of-its-kind" digital transformation labs.

The labs are aimed to enhance researcher expertise at IISc and technical skills of professionals in the machine tool industry, the company told the media, adding that the MoUs will focus on the development of industrial Internet of Things (IoT)and Industry 4.0-enabled products and technologies.


Make in Steel 2021

24 February 

Click for event info


4th Indian Cement Review Conference 2021

17-18 March 

Click for event info


Special emphasis will be given to equipping the labs with technologies, prototypes and products of emerging digital technologies such as blockchain technology, digital twin, and automatic guided vehicle. This initiative is expected to encourage the adoption of smart digital technologies by MSMEs of the manufacturing sector.

The Smart Factory at the smart manufacturing demo and development cell at CMTI and IISc are two of the five experiential and demonstration centres 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.

Siemens said its support will be used to develop IIoT/Industry 4.0 enabled digital twin-based platform for the machine tool industry and a machine tool health monitoring app on the platform.

Image: Siemens tied up with CMTI, IISc to set up “first-of-its-kind” digital transformation labs


Siemens has signed pacts with Central Manufacturing Technology Institute (CMTI) and Indian Institute of Science (IISc) for setting up digital transformation labs. The conglomerate signed two separate memorandums of understandings (MoUs) with CMTI and IISc, to establish first-of-its-kind digital transformation labs. The labs are aimed to enhance researcher expertise at IISc and technical skills of professionals in the machine tool industry, the company told the media, adding that the MoUs will focus on the development of industrial Internet of Things (IoT)and Industry 4.0-enabled products and technologies.Make in Steel 202124 February Click for event info4th Indian Cement Review Conference 202117-18 March Click for event info Special emphasis will be given to equipping the labs with technologies, prototypes and products of emerging digital technologies such as blockchain technology, digital twin, and automatic guided vehicle. This initiative is expected to encourage the adoption of smart digital technologies by MSMEs of the manufacturing sector. The Smart Factory at the smart manufacturing demo and development cell at CMTI and IISc are two of the five experiential and demonstration centres 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. Siemens said its support will be used to develop IIoT/Industry 4.0 enabled digital twin-based platform for the machine tool industry and a machine tool health monitoring app on the platform.Image: Siemens tied up with CMTI, IISc to set up “first-of-its-kind” digital transformation labs

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->