Wednesday, Aug 12 2020 | Time 00:36 Hrs(IST)
image
  • Lebanese president vows full probe into Beirut port's deadly blasts
  • India, Nepal oversight mechanism meeting to be held on Aug 17
  • Sanjay Dutt unwell
  • Capt Sathe cremated with full state honours in Mumbai
Business Economy


Sweden, India set up transport innovation & safety platform

New Delhi, Dec 2 (UNI) WHO estimates more than 150,000 deaths per year on roads in India.
Leading Indian companies and institutes with expertise in safety have come together to form the Sweden-India Transport Innovation & Safety Platform as a long-term platform for innovation and a centre for excellence on traffic safety research, according to a statement here on Monday.
The SITIS partnership will build deeper understanding of traffic safety in India, and provide insights into the core challenges facing many fast-growing economies with similar challenges and their potential solutions. This will provide a unique ability to inform and evaluate policy and technology priorities.
Road safety is critical in delivering the 2030 Global Goals for sustainable development (SDG) and enable an efficient transport system, and thus remove obstacles for societal growth and prosperity. Strong action for road safety is essential to support India’s ambition to cut fatalities by half in the next 10 years.
Members of this platform are companies and institutes who lead in the safety area in their respective domains.
These include Volvo Group, Autoliv, Ericsson, Manipal Hospitals, Altair, Saab and Tech Mahindra, as well as universities and research institutes; India Institute of Science (IISc), Transportation Research and Injury Prevention Program, Indian Institute of Technology Delhi, Chalmers University of Technology, RISE Research Institutes of Sweden; and the technical authorities ARAI, and the Swedish National Road and Transport Research Institute. The platform will also engage the Vision Zero Academy at the Swedish Transport Administration and Niti Aayog.
SITIS has already embarked upon its first project which will now be the first example of a concrete bilateral collaboration between India and Sweden –'Safe and Secure Transport corridors in India.'
The partnership has a unique ability to leverage the potential of big data, AI and deep learning in a transport system context and create broad and scalable safety data analytics assets, as well as establish test beds and capacity to develop, test and deploy safety solutions. The platform will place high focus on smart and affordable safe and secure connectivity solutions by deploying the latest technologies in connectivity and co-operative and intelligent transport systems.
SITIS vision is 'to leverage the know-how of India and Sweden to accelerate progress and deployment of safe & sustainable transport solutions and actionable policies, contributing to significant progress of Indian transport system.' The ambition is also to create a partnership that fosters innovation, develops competence and assets that creates the capacity to address complex challenges and make a significant impact. The platform aims to become a prominent platform for applied research and innovation in the area of safe & sustainable transport.
The WHO estimates more than 150 000 deaths per year on roads in India and notes that progress has stagnated in Sweden. At the same time there is great potential provided by the new technology paradigms: connectivity, electromobility, automation, and digitisation and AI – where India stand to leap frog in implementing effective technology and system-level measures to improve traffic safety. This demands an integrated approach where mobiliSing stakeholders and implementing cost effective measures is a key challenge. SITIS aims to achieve that by bringing together organisations leading in the safety arena from Sweden & India.
UNI RP1901
More News
PNB honours the families of Martyrs' of Galwan Valley

PNB honours the families of Martyrs' of Galwan Valley

11 Aug 2020 | 9:28 PM

Kolkata, Aug 11 (UNI) As India gears up to celebrate its 74th Independence Day, nation’s second-largest banking institution, Punjab National Bank salutes and honours the family members of the soldiers who were martyred in Galwan Valley, on the intervening night of June 15th and 16th.

see more..

Airbnb contributed USD 61 million to Goa through tourism spends in 2019

11 Aug 2020 | 9:14 PM

Panaji, Aug 11 (UNI) The Airbnb community contributed USD 61 million and supported more than 7,500 local jobs in Goa in 2019, according to Oxford Economics’ The Economic Impact of Airbnb in India report released on Tuesday.

see more..

PFC signs agreement to construct 2 modular operation theatres in UP hospital

11 Aug 2020 | 8:22 PM

Pune, Aug 11 (UNI) The government-owned Power Finance Corporation Ltd (PFC), one of India's leading NBFCs, on Tuesday signed an agreement with district administration of Siddharthnagar in Uttar Pradesh for construction of two modular operation theatre rooms in its district hospital.

see more..

IIP declines 16 6 per cent in June

11 Aug 2020 | 8:17 PM

New Delhi, Aug 11 (UNI) Reiterating that it may not be appropriate to compare the Index of Industrial Production (IIP) in the post pandemic months with that for months preceding the COVID 2019 pandemic, the government said the Industrial production declined by 16.6 per cent in June.

see more..

Shriram City Union Finance Ltd declares June 2020 results

11 Aug 2020 | 8:03 PM

Kolkata, Aug 11 (UNI) Leading Small Business financier Shriram City Union Finance Limited (Shriram City) has declared its results for the first quarter of Financial Year 2021 with Standalone Net Profit, although lower by 24% year-on-year, being up 26% sequentially.

see more..
image