IIM-Indore signs MoU with Kanpur to offer smart solutions

30 Aug 2021 CW Team

Indian Institute of Management (IIM) Indore and Kanpur civic bodies signed a memorandum of understanding (MoU) to develop Kanpur city under the smart city initiative.

Kanpur Smart City (KSCL), Kanpur Development Authority (KDA), Kanpur Police Commissionerate, and IIM-Indore signed the memorandum of understanding (MoU).

According to the MoU (valid for three years), the stakeholders would concentrate on executing the Indore model of cleanliness to develop Kanpur as a global industrial hub and enhance the quality of life for the people.

The stakeholders would also focus on reorganising street vendors from unapproved areas, decongesting public places, and enhancing the traffic movement.

During the signing of the MoU, Raj Shekhar (Kanpur Division Municipal Commissioner), Himanshu Rai (Director Prof. IIM-Indore), and Asim Arun (Police Commissioner) were present.

Himanshu Rai told the media that the aim is to make Kanpur a worldwide industrial hub. Thus, it is necessary to enhance the quality of life of residents and the city's cleanliness.

Rai would direct a panel of IIM-Indore experts, who would draft a plan for helping street vendors to have a more organised way in place.

Regarding road traffic management, the IIM Director informed that they would choose the Indore model and take the assistance of Google Satellite images for real-time observation.

He said that engineering solutions such as deconstruction and construction could also take place.

Image Source

Also read: Govt allots Rs 181 cr to Dharamshala, Shimla under smart city goal

Infrastructure Urban

30 May 2026

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..

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..

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..