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Innovation takes centre-stage at CII summit

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Source: Google images
Source: Google images
Source: Google images

Bengaluru: The theme of the summit is ‘Realising the National Dream – Scaling local innovation’.

“Creating a vibrant start-up ecosystem in rural areas is the key to achieving the goals and more companies should move from the startup stage to small and medium enterprises stage and into global MNCs,” Gopalakrishnan, also the chairman of India Innovation Summit, said.

He praised e-commerce player Flipkart for achieving valuation worth billions of dollars after starting out on a small scale.

Gopalakrishnan said CII has come out with the tools and techniques needed for addressing the question of how to create a vibrant start-up ecosystem in tier two and three cities.

V. Manjula, principal secretary, department of information technology, bio-technology and science and technology, Karnataka, said India exploited only a fraction of its innovative capability despite being a nation known for its improvisation.

“There is a lot to accomplish and the silver lining is the demography of India,” said Manjula.

Manjula said the Karnataka government established a start-up warehouse and proposed to set up an innovation fund. The Karnataka government has also launched nine innovation centres for engineering colleges.

Mohan Sekhar, senior MD, Accenture highlighted on the need of frugal innovation and praised Tata Group for implementing it in some of its products.

He specifically focused on Tata Chemicals water purifier Tata Swachh for not using electricity and just rice husk for purifying water frugally.

“It is all about innovation, where ever you stay — whether in the Silicon Valley or anywhere else. Innovation is shaping the future of mankind and the future of corporate India and the Indian government,” added Sekhar.

The two-day summit, brainstorming on innovation, has scheduled panel discussions on ‘Make in India’, agriculture and agro products, smart cities, financial inclusion, infrastructure for transportation, entrepreneurship and Clean Ganga Misson by eminent speakers and industry experts.

(IANS)

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Amazon Web Services To Promote Drone Innovation in India

India currently has nearly 100 drone startups and the autonomous drone aviation industry has great potential ahead

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Amazon
Amazon Web Services Open Data sets with granularity will let drone developers innovate further and deeper. With industry-leading compute, storage, database, IoT, AI and L, drone developers and operators can now test new ideas quickly, and accelerate innovation. IANS

The Drone Federation of India (DFI) on Monday announced to make Amazon Web Services (AWS) as its preferred Cloud service to boost the development and innovate around the drone ecosystem in the country.

The non-profit industry body will work with retail giant Amazon’s Cloud arm to help provide a scalable, agile and secure Cloud infrastructure for drone manufacturers, application developers and operators to develop drone applications and accelerate time-to-market in India.

“AWS was a natural choice for us which will help drone manufacturers and developers as its Artificial Intelligence (AI) and Machine Learning (ML) capabilities, open data sets and technical prowess are simply unmatched,” Rahat Kulshreshtha, President, DFI, told IANS.

The industry body signed an MoU with AWS at the ‘Drone Festival of India 2020’ here.

The collaboration will identify use cases for drones in India across various application areas such as land survey, precision agriculture, disaster management, and search and rescue missions, and build custom cloud-based solutions.

According to Rahul Sharma, President, India and South Asia Public Sector, Amazon Internet Services Pvt. Ltd (AISPL), verticals like agriculture, healthcare, smart cities etc will see massive drone deployment in months to come.

“AWS Open Data sets with granularity will let drone developers innovate further and deeper. With industry-leading compute, storage, database, IoT, AI and L, drone developers and operators can now test new ideas quickly, and accelerate innovation,” Sharma told IANS.

Amazon
The Drone Federation of India (DFI) on Monday announced to make Amazon Web Services (AWS) as its preferred Cloud service to boost the development and innovate around the drone ecosystem in the country. VOA

India currently has nearly 100 drone startups and the autonomous drone aviation industry has great potential ahead, stressed Kulshreshtha.

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Significant innovation in the drone industry is also happening around vision-based navigation systems, which equip drones with ML and vision-based features like indoor and spatial navigation, to further improve safety in advanced collision avoidance. (IANS)