Friday, Apr 26 2024 | Time 01:13 Hrs(IST)
image
Business Economy


Emerging Technologies Wing partners with MeitY, to set up NCAM in Hyderabad

Hyderabad, Sep 16 (UNI) The Emerging Technologies Wing of Telangana State Information Technology, Electronics and Communications ( ITE&C ) Department, has partnered with the MeitY ( Ministry of Electronics and Information Technology) to jointly establish the National Centre for Additive Manufacturing (NCAM) in Hyderabad.
The release of the National Strategy for Additive Manufacturing by MeitY, and a continued focus on emerging technologies linking additive manufacturing in Telangana’s ICT policies, led to the natural partnership between the Central and State governments to jointly undertake the National initiative.
The formation of NCAM was officially announced during the launch of ICT Policy 2021-26 by Telangana Minister for IT and Industries K.T Rama Rao here on Thursday.
Speaking on the occasion, Mr Rao said “Telangana was one of the first states to identify Additive Manufacturing, or 3D Printing, as one of the key emerging technologies.“
India has a huge potential for innovation across all sectors, yet it currently occupies less than 2 percent of the global AM industry. Additive Manufacturing is a revolution in the sector and alters the approach towards prototyping, complex geometries, small volume manufacturing, and more, he said.
Telangana, driven by its rich innovation ecosystem, hence acted as a natural partner for the Central government to implement this National initiative NCAM, to position India as a global hub in AM, the Minister added.
The vision of NCAM is “To create and enable a sustainable ecosystem for product innovation in India with emphasis on research, design, development, and testing through collaborative efforts between academia, industry and government using the disruptive technology of Additive Manufacturing.”
The NCAM will be an independent Section-8 company that is being initiated as a 5 year project and is expected to become self-sustainable at the end of the period.
The National Center is proposed to build a comprehensive ecosystem of additive manufacturing in the country by enabling the adoption of additive manufacturing in the industry, prototyping new products and focusing on indigenization, access to state-of-art infrastructure, enabling research and development of standards and new product development, and promoting skill development activities to generate quality manpower and will establish a state-of-the-art facility in Hyderabad that will offer infrastructure access like AM machines of all types - metal, polymer, and composite, amongst other things.
The Governing Council of 11- members comprising a balanced representation from sections of the sector has been formed to steer the strategic objectives of NCAM.
The members of the Governing Council represent the leading organizations in Additive Manufacturing such as MIDHANI, ARCI, CSIR-CGCRI, MMU PrintCity, IIT-H, General Electric, Wipro 3D, Bharat Forge (Kalyani Group).
The Centre will act as the central agency to promote, foster, and drive adoption of the Additive Manufacturing technology in India with a goal to make the country AtmaNirbhar in the sector.
UNI KNR CS 1402
More News

Arun Alagappan appointed as Executive Chairman of Coromandel International

25 Apr 2024 | 7:41 PM

Hyderabad, April 25 (UNI) Arun Alagappan has been appointed as Executive Chairman of Coromandel International Limited (CIL).

see more..

Tech Mahindra net at Rs 661 crore in Q4; Company gives dividend of Rs 28 per share

25 Apr 2024 | 7:28 PM

New Delhi, April 25 (UNI) Mahindra Group company Tech Mahindra, a technology consulting and digital solutions provider, on Thursday reported about 41 per cent decline in net profit at Rs 661 crore year-on-year basis for the fourth quarter ended March 31, 2024.

see more..

Kottayam-Kochi Rubber Market Rates

25 Apr 2024 | 7:26 PM

Kottayam, April 25 (UNI) Following were the Rubber Market rates announced by the Rubber Board here today per quintal.

see more..
Indusind Bank net up 15 pc in Q4

Indusind Bank net up 15 pc in Q4

25 Apr 2024 | 7:10 PM

New Delhi, April 25 (UNI) Leading private bank Indusind on Thursday reported a 15 percent jump in net profit at Rs 2,349 crore in Q4 of FY 2023–24, compared to Rs 2,043 crore in the same quarter in 2022–23.

see more..

25 Apr 2024 | 6:53 PM

New Delhi, April 25 (UNI) Leading private bank Indusind on Thursday reported 15 percent jump in net profit at Rs 2,349 crore in Q4 of FY 2023-24 compared to Rs 2,043 crore in the same quarter in 2022-23.

see more..
image