KSIDC has seed-funded close to 50 start-ups across 17 sectors in Kerala since 2015, now looks to potential investors to scale operations
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Tag: Robotics
Make in India may help start-ups go forward robustly: Deloitte
Enormous innovation in FinTech space is taking place in India, says Andrew Vaz, Chief Innovation Officer, Deloitte Touche Tohmatsu Ltd. Here he shares Deloitte perspective of current innovations happening in the country: Q: Where does India’s innovation figure amongst global innovation? A: From a…
Make in India: Importance of Robotics in the manufacturing segment, and how it can still create jobs
Automation and robotics technologies are in their infancy in Indian medium-size factories since technical feasibility and return on investment (RoI) are preconditions for deployment. Factories review RoI basis a 2-3 year horizon, which becomes a difficult RoI with the cheap cost of labor. RoI nee…
IIIT-H invites applications from start-ups for Seeding@Launchpad incubator programme
Hyderabad: Furthering IIIT-H Foundation’s reach in backing startups, the foundation is inviting applications from deeptech startups for its six-month Seeding@Launchpad incubator programme. Under this flagship, early stage tech startups will gain access to a host of services, facilities and guidan…
Make import of key raw materials duty-free for foundry sector
Indian foundry sector is the feeder industry to the manufacturing sector as it supports sectors like auto, auto components, railways, electric, cement etc which are the major contributors to India’s GDP. The Indian foundry industry is third largest globally with revenue at $ 18 billion & expo…
Jharkhand signs 8 MoUs for development of textile, IT & other sectors
Launching a road show named ‘Momentum Jharkhand’ in Mumbai, the Jharkhand government signed eight MoUs with different companies in the western metropolis. The state has signed Memorandum of Understanding (MoU) with Orient Craft Limited in the textile sector worth Rs 1,500 crore for co…
Hardware start-ups gaining traction, say experts
There hasn’t been many hardware start-ups launched in India because of lack of funding, proper ecosystem and mentorship, experts said. The scenario is, however, gradually changing with companies such as Grey Orange Robotics being able to raise funds. The company provides automated on-demand robot…
Robotics firm GreyOrange to ramp up global operations for contributing 70% to its revenues
Robotics firm GreyOrange is looking at strengthening its international presence and hopes to ramp up non-India operations to contribute about 70% of its revenues, up from the present 30%. “After starting operations in Japan, Hong Kong and Singapore last year, we are looking at entering the …