Wednesday, Apr 24 2024 | Time 11:38 Hrs(IST)
image
Business Economy


BEML and Wipro to collaborate on Aerospace, Industrial Automation, AI

BEML and Wipro to collaborate on Aerospace, Industrial Automation, AI

Bengaluru, Sep 17 (UNI) Public sector defence major BEML Limited and Wipro Infrastructure Engineering (WIN) have signed a Memorandum of Understanding (MoU) to work together in Aerospace, Industrial Automation, 3D Printing, Artificial Intelligence, and Hydraulic System Engineering.

This is a first of its kind MoU for Wipro Infrastructure Engineering with a large Public Sector Enterprise in India.

The MoU entails working together on projects, products, systems, services and projects in Defence, DRDO Labs, DPSUs and other relevant government entities in India as well as export customers. Key focus areas include aerospace components and parts through SEZ, metal additive manufacturing and design optimization for new critical aggregates, legacy components & spares, and process automation, a BEML release said here on Tuesday.

Signing the MOU, D K Hota, CMD, BEML said, “This partnership will help both companies to make a significant contribution to indigenisation and ‘Make in India’ initiatives of the Government of India.This will provides us access to WIPRO’s capabilities, experience, and skill. It enhances the business interests of both organizations.”

Announcing the partnership Pratik Kumar, CEO, Wipro Infrastructure Engineering said, “BEML has a strong lineage of being a heavy engineering company. Given our focus on emerging technologies like 3D Printing & Industrial Automation and sectors like Aerospace, Space and Defence, we see invaluable synergies in partnering with BEML.”

UNI RS HVB1236

More News
Sensex up over 200 points

Sensex up over 200 points

24 Apr 2024 | 10:39 AM

Mumbai, April 24 (UNI) The BSE Sensex remained firm for the fourth straight session on Wednesday, surging 261 points at 74,000 in opening session as buying was seen across board amid positive Asian Market.

see more..
Rupee up 6 paise against USD

Rupee up 6 paise against USD

24 Apr 2024 | 10:32 AM

Mumbai, Apr 24 (UNI) The rupee remained strong on Wednesday, advancing 6 paise to 83.28 against the opening session on selling of US dollars by bankers and exporters, dealers at the Foreign Exchange said.

see more..

USD, Yen down; Pound, Euro up

24 Apr 2024 | 10:15 AM

Mumbai, Apr 24 (UNI) Following were the indicative currency rates and travellers' cheques
buying and selling rates.

see more..

High taxation and extreme regulations undermine legal cigarette industry in India

23 Apr 2024 | 7:48 PM

Hyderabad, April 23 (UNI) The high taxation and extreme regulations have resulted the share of legal cigarettes in total tobacco consumption in the country has shrunk by 37 per cent to a mere 9 per cent at the present from 21 per cent in 1981-82, according to the Tobacco Institute of India (TII).

see more..
Sensex ends in green; up 89 83 points

Sensex ends in green; up 89 83 points

23 Apr 2024 | 6:58 PM

Mumbai, April 23 (UNI) The stock market on Tuesday opened strong with 400 points up with all-round shopping but paired early gains towards end of the trading hour and closed at 73,738, about 90 points up from its previous close.

see more..
image