Manufacturing

Infosys, Daimler partner for IT infra transformation in auto sector Daimler AG and Infosys recently announced a long-term strategic partnership for a technology-driven IT infrastructure transformation. After the receipt of all regulatory approvals, Daimler AG will transform its IT operating model and infrastructure landscape across workplace services, service desk, data center, networks and SAP Basis together with Infosys. The partnership will enable the company to deepen its focus on software...

Prime Minister Narendra Modi on Monday interacted with key industries, startups and academia from the space sector and expressed that India will soon become a manufacturing hub of space assets. PM Modi in a video conference underlined the significance of the space sector in communication and navigation and assured the participants that they will be co-passengers with ISRO in this age of space research. He said that the decision to unlock...

Ola, one of the world’s leading mobility platforms, signed the MoU with the Tamil Nadu government for an investment of Rs 2,400 crore in setting up its first factory in the state. Upon completion, the factory will create almost 10,000 jobs and will be the world’s largest scooter manufacturing facility, which will initially have an annual capacity of 2 million units, the company said in a statement. It said, “In...