Singapore to set up more Global Innovation Alliance nodes in India
SMART CITIES

Singapore to set up more Global Innovation Alliance nodes in India

Singapore plans to set up more Global Innovation Alliance (GIA) nodes like the Bengaluru one in more cities across India.

The Alliance would enable start-ups to develop their businesses to GIA cities worldwide by connecting to mentor networks and appropriate ecosystem players by benefiting from Singaporean tech firms, including small and medium-sized enterprises (SMEs).

S Iswaran, Singaporean Minister for transport and minister-in-charge of trade relations, told the media while addressing the 28th edition of the Department of Science & Technology-Confederation of Indian Industry (DST-CII) India-Singapore Technology Summit, GIA aims to strengthen connections of Singapore to prominent innovation hubs across the globe by making an exchange of knowledge and ideas to promote innovation.

Iswaran informed that compared to 2020, bilateral trade between India and Singapore increased to 35% in 2021, from $19.8 billion to $26.8 billion.

He also mentioned three essential areas of future cooperation like the D-Tech utilising artificial intelligence (AI) for Smart cities, joint projects on genome and bioinformatics research, and Clean-Tech for carbon mitigating technologies in aviation and transport industries.

Apart from Bengaluru, the cities currently in the GIA network include Paris, Berlin, Munich, Jakarta, Tokyo, Bangkok, Beijing, Shanghai, Ho Chi Minh City and San Francisco.

S Chandrasekhar, secretary, Department of Science and Technology (DST), told the media that India took many missions on innovation right from the school level to explore further opportunities.

He said that innovations include a high risk for investments. However, rewards are also quite high in this industry.

Image Source

Also read: LGSF system and its application in residential building construction

Singapore plans to set up more Global Innovation Alliance (GIA) nodes like the Bengaluru one in more cities across India. The Alliance would enable start-ups to develop their businesses to GIA cities worldwide by connecting to mentor networks and appropriate ecosystem players by benefiting from Singaporean tech firms, including small and medium-sized enterprises (SMEs). S Iswaran, Singaporean Minister for transport and minister-in-charge of trade relations, told the media while addressing the 28th edition of the Department of Science & Technology-Confederation of Indian Industry (DST-CII) India-Singapore Technology Summit, GIA aims to strengthen connections of Singapore to prominent innovation hubs across the globe by making an exchange of knowledge and ideas to promote innovation. Iswaran informed that compared to 2020, bilateral trade between India and Singapore increased to 35% in 2021, from $19.8 billion to $26.8 billion. He also mentioned three essential areas of future cooperation like the D-Tech utilising artificial intelligence (AI) for Smart cities, joint projects on genome and bioinformatics research, and Clean-Tech for carbon mitigating technologies in aviation and transport industries. Apart from Bengaluru, the cities currently in the GIA network include Paris, Berlin, Munich, Jakarta, Tokyo, Bangkok, Beijing, Shanghai, Ho Chi Minh City and San Francisco. S Chandrasekhar, secretary, Department of Science and Technology (DST), told the media that India took many missions on innovation right from the school level to explore further opportunities. He said that innovations include a high risk for investments. However, rewards are also quite high in this industry. Image Source Also read: LGSF system and its application in residential building construction

Next Story
Equipment

Handling concrete better

Efficiently handling the transportation and placement of concrete is essential to help maintain the quality of construction, meet project timelines by minimising downtimes, and reduce costs – by 5 to 15 per cent, according to Sandeep Jain, Director, Arkade Developers. CW explores what the efficient handling of concrete entails.Select wellFirst, a word on choosing the right equipment, such as a mixer with a capacity aligned to the volume required onsite, from Vaibhav Kulkarni, Concrete Expert. “An overly large mixer will increase the idle time (and cost), while one that ..

Next Story
Real Estate

Elevated floors!

Raised access flooring, also called false flooring, is a less common interiors feature than false ceilings, but it has as many uses – if not more.A raised floor is a modular panel installed above the structural floor. The space beneath the raised flooring is typically used to accommodate utilities such as electrical cables, plumbing and HVAC systems. And so, raised flooring is usually associated with buildings with heavy cabling and precise air distribution needs, such as data centres.That said, CW interacted with designers and architects and discovered that false flooring can come in handy ..

Next Story
Infrastructure Urban

The Variation Challenge

A variation or change in scope clause is defined in construction contracts to take care of situations arising from change in the defined scope of work. Such changes may arise due to factors such as additions or deletions in the scope of work, modifications in the type, grade or specifications of materials, alterations in specifications or drawings, and acts or omissions of other contractors. Further, ineffective planning, inadequate investigations or surveys and requests from the employer or those within the project’s area of influence can contribute to changes in the scope of work. Ext..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?