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Business Economy


T-Works to be operational by Dec 2018: Minister

Hyderabad, Dec 5 (UNI) Telangana Industry Minister K T Rama Rao on Tuesday said that the T-Works, an incubator especially for hardware, will be operational by December 2018.
In his inaugural address at the two-day 17th India Design Summit, organized by Confederation of Indian Industry (CII) alongwith the National Institute of Design and Government of Telangana held at HICC here,
Mr Rao said said T-Works one of the worlds largest Maker Spaces coming up in 2.5 square feet arear about 3 kms from Hi-Tech city by the same time next year.
This space would allow anyone with an idea to collaborate and create new offerings. Already three companies were tied with T-Works and many more coming into it.
He said that Industry 4.0 was India’s opportunity to lead the world and added that today, collaboration and open sourcing was making an unprecedented opportunity available for Hardware Entrepreneurship as it did for software based entrepreneurship a few years back.
Mr Rao emphasized that good design helps elevate our quality of life and physical environment, bringing about tangible economic and financial dividends in attracting talents and businesses and fostering creativity and hence it is of critical importance for business and society. He expressed that a maturing and growing India requires, without a doubt, excellence in design, as it was not any more a desirable factor, but an essential factor.
Dr Naushad Forbes, Immediate Past President of CII, and Chairman of India Design Council talked about the need to scale the impact of design.
He quoted that India produces hardly about 5000 designers every year whereas South Korea with just 3 per cent of India’s population produces around 25000 designers per year.
Dr Forbes expressed that design must be larger as an enterprise and should get more prominence than it gets now.
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NITI Aayog to release Report on Composite Water Management Index 2 0

22 Aug 2019 | 7:27 PM

New Delhi, Aug 22 (UNI) To supplement the efforts of Jal Shakti Ministry, NITI Aayog has prepared the second Round of Composite Water Management Index (CWMI 2.

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FICCI Ladies Orgn comes face to face with Mumbai police on women safety day

22 Aug 2019 | 7:11 PM

Mumbai, Aug 22 (UNI) FICCI Ladies Organization (FLO) Mumbai Chapter held an interactive session to resolve queries and doubts on women’s safety at work and in the digital space.

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12th grade student creates 'Udhaar Khaata' App for small shopkeepers and vendors

22 Aug 2019 | 6:58 PM

New Delhi, Aug 22 (UNI) A 12th grade student has launched the “Udhaar Khaata” mobile application in the NCR region for small shopkeepers, vendors, and kiosk owners.

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TTD plans to adopt Iris tech in devotees darshan program

22 Aug 2019 | 6:57 PM

Tirupati, Aug 22 (UNI) Tirumala Tirupati Devasthanams (TTD) is planning to adopt Iris techniques along with the biometric technology in the devotees darshan program.

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NSE EMERGE achieves 200th SME listing milestone

NSE EMERGE achieves 200th SME listing milestone

22 Aug 2019 | 6:47 PM

Mumbai, Aug 22 (UNI) National Stock Exchange of India Limited (NSE) on Thursday achieved yet another milestone of 200 listings of SME companies on its NSE EMERGE platform, in the presence of Nitin Gadkari, Minister of Micro, Small and Medium Enterprises and Road Transport and Highways.

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