Novartis to ramp up India development centre
Thursday, 31 January, 2008
News from Research Project Global Innovation - a project of the Institute of Technology and Innovation Management at Hamburg University of Technology in Germany
Thursday, 31 January, 2008
| Source: Business Standard, 30.01.2008 India not stealing jobs from West: Premji |
| Press Trust of India / Toronto January 30, 2008 |
Tue Jan 29, 2008 5:41am EST
MUMBAI, Jan 29 (Reuters) - Boeing Co has entered into an agreement with the Indian Institute of Science and software firms Wipro Technologies and HCL Technologies to develop wireless technologies and other network technologies.
The venture, Aerospace Network Research Consortium, is for a period of four years and can be extended based on "mutual interests", according to a joint statement.
Financial terms of the agreement were not disclosed. Wipro Technologies is the software services arm of No. 3 software exporter Wipro Ltd.
"We have a great need for advanced, affordable aerospace network R&D," Naveed Hussain, vice president for engineering and technology, Boeing India, was cited as saying.
Boeing last year signed a 10-year manufacturing deal with India's state-run Hindustan Aeronautics Ltd worth more than $1 billion.
Boeing has said it sees business worth $80 billion in India's commercial sector and $15 billion in the defence segment over 10-15 years.
(Reporting by Rina Chandran; Editing by Ranjit Gangadharan)
| Siemens signs Letter of Understanding with Government of Maharashtra |
| Siemens Ltd has announced that the Government of Maharashtra and Siemens signed a Letter of Understanding on January 28, 2008, to support Company's expansion plans in the State. Mr. Vilasrao Deshmukh, Honourable Chief Minister of Maharashtra and other dignitaries of the Government of Maharashtra delegation were in Europe to attend the World Economic Forum meet in Davos and made a stopover in Germany. A Letter of Understanding was signed by Mr. V K Jairath, Principal Secretary - Industries, Government of Maharashtra and Dr. Armin Bruck, Managing Director, Siemens Ltd. and Mr. V V Paranjape, Director, Siemens Ltd., thereby fully committing to put the projects on the fast track under Single Window Clearance and make them a success. The delegation including Chief Minister and other eminent dignitaries, visited the Siemens office in Berlin yesterday. They met with the senior management of Energy and Industry businesses of Siemens AG. They also visited the Traffic Management Centre and Turbine factory of the Company in Berlin. Siemens intends to develop additional manufacturing centers in Maharashtra. These will be for manufacturing equipment in the areas of Power Generation and Railway Transportation. During the discussion with the management of Siemens, the Government of Maharashtra committed to extend full support to Siemens and help Siemens India to expand its operations in the state. The CM delegation is on a 3-day visit to Germany to showcase the strengths of Maharashtra in Engineering and Automotive sector. Accompanying the CM's delegation are Mr. Johnny Joseph, Chief Secretary, Government of Maharashtra, V K Jairath Principal Secretary, Dept of Industries, Government of Maharashtra, and Mr. Rajiv Jalota CEO, MIDC. During this trip, the delegation will visit other German Companies such as Volkswagen, Hannover Trade and Exhibition Center. Siemens has a large presence in Maharashtra with its Headquarters located in Mumbai and 8 out of 18 factories situated in the state alone. Besides expansion plans in the areas of Power Generation and Railway Transportation, Siemens is also setting up an R&D centre at Kalwa, near Mumbai with 1000 people capacity and an additional software centre in the state. |
| Source: Equity Bulls |
Source: Business Week, 22.01.2008
DETROIT
Chrysler LLC said Tuesday it is starting a new product development team devoted to global midsize cars and will set up regional product development centers as part of its effort to expand overseas sales.
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[T]he company will move aggressively to establish overseas product planning centers that will bring together design, engineering and parts sourcing and could eventually include manufacturing. Likely locations for the first of those centers would be Toluca, Mexico, where Chrysler already has an assembly plant, plus Beijing and Shanghai, China [..].
[...]Source: Press Trust of India, 22.01.2008
| Continental AG invests Rs. 100 Crores in new plant in India Source: machinist.in Written by Anand | |
| Monday, 21 January 2008 | |
| Targets 60% CAGR in operations by 2012 New Delhi: Hanover-based Continental AG is looking to boost its India operations after their recent buyout of Siemens’ Automotive business. The recent acquisition of Siemens VDO by Continental AG for €11.4 billion has made Continental as the second largest auto component manufacturer in Europe (after Bosch) and 5th largest in the world. With the acquisition, the overall basket of offerings to the Indian customers has widened and the combined organization will enhance Continental’s ability to develop electronic solutions that improve vehicle performance. €11.4 billion buyout of Siemens VDO ushers in new era With an initial investment of Rs.100 Crores (17.5 Million Euros), the upcoming automotive electronics plant in Bangalore is one of the major investments for the new Continental in India. The new state-of-the-art manufacturing setup will also house an R&D centre. The Joint Venture facilities with Rico and Ashok Leyland will also attract fresh investments in the coming years. (Note: emphasis in text - i.e. characters in bold letters above - has been added.) |
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Source: The Economic Times, 21.01.2008
Basel, 18 January 2008 (Press release by Roche)
Chennai, (PTI): A US-based doctors' body, whose research has proved the efficacy of low-fat vegetarian diets in reversing blood sugar levels of diabetic patients, is set to conduct two similar studies in India.
Physicians Committee for Responsible Medicine had found that a vegetarian diet with less oil and no milk products could remarkably bring down blood sugar level, cholesterol, blood pressure and weight even in people suffering from diabetes.
The committee's founder Dr Neal Barnard has initiated steps to conduct the two similar studies -- one on adult patients and another on children -- in collaboration with Indian physicians.
Barnard who is here for a week-long visit to India, was holding talks with doctors in Chennai, Mumbai, Delhi, Thiruvananthapuram, Hyderabad, Goa, Coimbatore and Puducherry on conducting the study as well as propagating the efficacy of vegetarian diet in the treatment of diabetes.
The studies would commence this year and selection of patients and funding processes would commence soon, Barnard told PTI.
"Our aim was to prove and promote the efficacy of food in diabetes treatment rather than use of medicines," he said.
While the tiny computer that can store a week’s electrocardiogram (ECG) data awaits a manufacturer, it is already in demand. IIT engineers borrow it, rig some adjustments and the locket meant to monitor a heart without hospital visits measures tremors in buildings instead.
“I would be the first to buy one for my mother. The basic device is like plug-and-play,’’ said IIT’s professor Rakesh Lal, of the School of Bioscience and Bioengineering, who conceptualised the project with professor S. Mukherji. “There isn’t another product like the silicon locket,’’ Lal told HT from the University of California where he is a visiting fellow. Similar ECG monitors in the market are walkman-sized or bigger.
The demand for a user-friendly cardiac monitor is urgent in India, where, as top cardiologist Devi Shetty puts it, ‘heart disease is like an epidemic.’ “Indians are genetically three times more vulnerable to heart attacks than Europeans,’’ Dr Shetty, chairman, Narayana Hrudayalaya, told HT from Bangalore. “The average age of my patients in India is 45 years. Fathers bring their young sons for bypass grafting.”
Indians and South Asians are prone to a first heart attack at age 53, and the World Health Organisation estimates that 60 per cent of the world’s cardiac patients could be Indians by 2010.
“The locket is a hi-tech solution delivered in a low-tech fashion,’’ said professor Dinesh Sharma, who heads the project, funded by Tata Consultancy Services (TCS) at IIT’s microelectronics department. “A user could also send its data card to a hospital to download ECG.’’
Algorithms fed in its system enable the locket to distinguish between jerks from running, working out or climbing stairs, and irrythmic heartbeats. Worn with five electrodes on the chest, a sensor in the locket records the heart’s electrical activity or ECG.
If it detects abnormalities, it can automatically transmit the last few seconds of ECG data to a central server using a mobile phone interface.
“We use trans-telephonic ECG devices to transmit ECG from villages through telephone lines, but the IIT device is more sophisticated,’’ said Dr Shetty. “It definitely has clinical applications, however, they’ll have to come up with a perfect product, since you cannot take chances with life.”
When a user feels uneasy, he can press a locket button to ‘mark’ that data so a doctor can later scrutinise marked segments and check the heart’s activity before the irregularity. Connected to a cell phone, the locket can be programmed to send SMS containing marked data to a doctor. Software in the locket forwards the data to the mobile, which sends the SMS.
TCS chief technology officer K Ananth Krishnan said, “TCS is always looking to collaborate with institutions to identify new technology areas and mutually develop intellectual capital.’’
Source: The Hindustan Times
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India announces setting up of 30 new Central universities, and several new IITs and IIMs. See details below.
The Prime Minister, Dr. Manmohan Singh inaugurated the 95th Indian Science Congress at Visakhapatnam today. Speaking at the occasion, Dr. Manmohan Singh reiterated the Government’s commitment to invest more in science education. The Eleventh Five Year Plan is in fact a National Education Plan, the Prime Minister said. He stressed on the need for a global response, a national response and a local response to meet the challenge of climate change. Dr. Singh also urged the scientific community to tap into our traditional knowledge base, to develop environment-friendly and efficient technologies.===
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Our Government is committed to investing more, much more, in education, especially science education. The Eleventh Five Year Plan is in fact a National Education Plan. The Plan allocation for education has been stepped up from 7.7% of gross budgetary support for the Plan, in the 10th Plan, to over 19% in the 11th Plan. In nominal terms there is going to be a five-fold increase in spending on education in the 11th plan. This is an unprecedented increase in financial support for education in India.
We are planning to fund thirty new Central Universities, five new Indian Institutes of Science Education and Research, eight new Indian Institutes of Technology, seven new Indian Institutes of Management, and twenty new Indian Institutes of Information Technology.
We are also launching a Mission on Vocational Education and Skill Development through which we will open 1600 new Industrial Training Institutes (ITIs) and Polytechnics, 10,000 new vocational schools and 50,000 new Skill Development Centres.
We will ensure that annually, over 100 lakh students get vocational training – which is a four-time increase from today’s level. Detailed plan for implementing these proposals will be spelt out in the next six months.
To enlarge the pool of scientific manpower, and foster research in the sciences, a programme entitled “Innovation in Science Pursuit for Inspired Research” (INSPIRE), is being launched. Under this programme, over the next 5 years, one million school students will be given science innovation scholarships of Rs. 5,000 each. The Plan will also support Scholarships for Higher Education (SHE), providing 10,000 scholarships per year of Rs. One Lakh, to attract talented students to enroll in B.Sc. and M.Sc. courses.
Our strategy for the promotion of science education in the 11th Plan will aim at (a) expanding and strengthening the Science & Technology base in our Universities, and (b) promote excellence through competitively secured funding at centers for advanced research. In addition, discipline-specific education programmes will be launched in strategic sectors like nuclear sciences and space sciences to capture talent at the “plus-two” stage itself.
All this marks a quantum leap in the infrastructure available for good quality teaching and research. At the last Science Congress I gave you my assurance that we are willing to increase the annual expenditure on science and technology from less than 1% of our GDP to 2% of our GDP in the next five years. That assurance stands.
We must make science a preferred discipline of study for our students. We must attract the best and the brightest young people to a career in science. We need, I believe, both a qualitative improvement and a quantitative expansion in the pool of science students in India. This means we will also need more teachers. We will need an army of teachers, especially in the basic sciences and in the field of mathematics. Shortage of good teachers is an immediate challenge.
I urge our academic community to come forward with innovative ideas to help us overcome and meet this challenge effectively. Tried and tested methods will not suffice. We need fresh creative thinking. Out-of-the-box solutions. The academic community too must be willing to think creatively.
In sum all these developments raise hopes for a further improvement in the conditions of
Source: Amitabh Sinha (The Sunday Express)
BS Reporter / Hyderabad January 05, 2008
| Opens fourth facility in the country at Hyderabad to develop cutting-edge tech. |
| AMD, a global player in processing solutions in computing, graphics and consumer electronics markets, has further expanded its R&D operations in India by opening a new facility in Hyderabad on Friday. |
| The 30,000 sq ft facility, its second in Hyderabad and the fourth in the country, will work along with its Bangalore facilities to develop cutting-edge technologies that would enable the convergence of PCs and CEs. |
| The centre currently employs 120 professionals, and is scalable to another 100, Dasaradha R Gude, vice-president and managing director, AMD R&D Centre India, said. The company has a headcount of 650 in the country, with 450 working out of Hyderabad. |
| Commenting on the company reporting losses for the last three quarters, including a negative impact due to the acquisition of ATI Corporation, Dirk Meyer, president and chief operating officer of AMD, said the company would be back to financial health and start making operating profits from the third quarter of 2008. |
| According to him, the company plans to launch AMD Fusion, the code name for its next-generation microprocessor, by June 2009, besides looking at developing products that enable Internet access through mobile handsets. |
| On the agreement with SemIndia for the proposed wafer fabrication and assembly plant-test-mark-pack operations in Hyderabad in November 2005, Meyer said that AMD at present neither has plans to make any investments, nor does it plan to outsource component manufacturing from India. |
| “AMD will be providing its technical and manufacturing expertise on the project, while SemIndia will be the manufacturing entity,” he said, refusing to divulge further details. |
| AMD currently commands a 21.5 per cent share in the 6.6-million unit processors market in India and enjoys a 23 per cent share globally. “Our vision is to corner half or at least one-third of the 250-million units of the global market, going forward,” he said. Source: Business Standard |