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Drone Destination Partners with NSIC for Drone Training Programs

Jul 19, 2024 by Mansi 0 Comments #Drone, #Kartikeya Sinha, #MoU, #Mr. Chirag Sharma, #NSIC

Mumbai, India, July 19, 2024 – Drone Destination and the National Small Industries Corporation (NSIC) have signed a Memorandum of Understanding (MoU) to establish a state-of-the-art drone training centre at NSIC, New Delhi. This initiative aims to provide comprehensive training on drone technology, repairs and maintenance, data processing and analysis, remote pilot training and new-age sport drone soccer. The centre will focus on skill development, employment generation, and empowering the drone ecosystem in India.

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The collaboration between Drone Destination and NSIC is poised to bring significant advancements in the field of drone technology and AI, and develop a future-ready work force to cater to the growing and diversified demands of skilled manpower in the drone sector, especially in digital agriculture, survey & mapping, mining, asset inspection, surveillance & monitoring, disaster management and many more.

Mr. Chirag Sharma, CEO, Drone Destination, said, “This partnership with NSIC marks a significant milestone in our mission to democratize drone technology in India. By providing specialized training and skill development programs, we aim to empower individuals and organizations with the knowledge and expertise needed to harness the full potential of drones. We are launching these technical skill enhancing courses in addition to the Pilot Training Certification course already offered by us in 12 locations across India. This initiative will ensure availability of skilled and specialised workforce in the growing drone eco-system in India.”

Kartikeya Sinha Director, Planning & Marketing, NSIC added, “NSIC is committed to fostering skill development across various sectors, and this MoU with Drone Destination aligns perfectly with our objectives. The establishment of this drone training centre will be a game-changer, particularly for aspiring youth and women in technology. By equipping individuals with the necessary skills, we are paving the way for a more technologically advanced and self-reliant India.”

The training programs at the centre will be progressively introduced at all NSIC Technical Skill Centres, ensuring widespread access to cutting-edge drone technology education. This initiative is set to create numerous opportunities for skill development and employment, driving economic growth and innovation in the drone sector.

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Nemetschek Group enters India, aims to capture 15-20percentage AEC market in next 2-3 years

Jul 16, 2024 by Mansi 0 Comments #Indian AEC industry, #MoU, #Nemetschek Group, #Nirmalya Chatterjee, #Yves Padrines

16th July 2024 – The Nemetschek Group, a leading global provider of software solutions for the AEC/O and media industries, inaugurated its Mumbai office today. The launch event, titled ‘Architecting India’s Future,’ was held at the iconic Taj Mahal Palace in Mumbai, marking a significant milestone in the company’s global expansion strategy. The event was attended by key industry leaders and over 150 delegates who participated in visionary discussions.

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The event was followed by the signing of a Memorandum of Understanding (MoU) between the Nemetschek Group and JJ College of Architecture in Mumbai. This partnership aims to foster innovation and skill development in the Indian architecture sector, aligning with the government’s Skill Development Program.

Nemetschek India is set to transform the Indian AEC landscape with a comprehensive market entry strategy. The company has structured its offerings into three segments—Conceptualize, Design, and Execute. Architects, landscape and interior designers, engineering design consultants, and project management companies as well as contractors, can choose between different product bundles, for example basic, plus, professional, or complete, each tailored to meet their specific needs. The Design segment also offers a package for Bridge & Precast. Nirmalya Chatterjee, Country VP, Nemetschek Group – Indian Subcontinent, emphasized the strategic importance of entering the Indian market at this juncture. “India’s construction market is poised for exponential growth, projected to become the third largest globally by 2025. Our solutions are already recognized here, and now, by engaging directly with enterprise-level customers and expanding our network of channel partners, we aim to elevate the industry standards.”

Yves Padrines, CEO of the Nemetschek Group, highlighted the broader vision for Nemetschek in India. “With a large number of construction projects, including around 9,500 National Infrastructure Pipeline (NIP) projects and a booming real estate market, India represents a significant opportunity for us. Our advanced BIM tools and integrated platforms will streamline workflows, reduce project timelines, and promote sustainability. Launching an office in Mumbai today, in addition to our R&D center in Hyderabad, reflects our commitment to continuous innovation and support for the local industry. We are here to build long-term relationships and contribute to India’s building industry and infrastructural development.”

Nemetschek India will collaborate with local firms and educational institutions to nurture talent and drive innovation. The company plans to engage with local stakeholders through bespoke marketing campaigns, training sessions, and workshops. By continuously seeking stakeholder feedback, it aims to effectively adapt its strategies to meet local needs and market changes.

Committed to promoting sustainability and corporate social responsibility (CSR), the company will provide software for energy-efficient and eco-friendly designs, conduct workshops on sustainable construction practices, and partner with communities for sustainable development projects. Additionally, it will support local charities and non-profits, encouraging employee participation in volunteering activities.

The group’s positioning in the Indian market marks a noteworthy step towards driving digitalization across the building lifecycle. With a focus on leveraging innovative solutions and an ethical approach to AI, the company aims to revolutionize the Indian AEC industry.

technology

Quantum Energy Limited and Green Drive Mobility Join Forces to Drive the Electric Mobility Revolution

May 30, 2024 by Gayathri Pariti 0 Comments #A leading EV OEM dedicated to sustainability, #Chetana C., #Electric Mobility Revolution, #Green Drive Mobility, #Hari Krishna, #MoU, #New Delhi, #NMC, #Quantum Energy Limited

New Delhi, 30th May 2024: Quantum Energy Limited, a leading EV OEM dedicated to sustainability, has forged a strategic partnership with Green Drive Mobility, a forward-thinking company at the forefront of electric mobility solutions. This collaboration represents a crucial step forward toward accelerating the adoption of electric vehicles (EVs) for last-mile delivery and connectivity services.

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Under the terms of the MoU, Quantum Energy will deliver 5,000 of its meticulously crafted EV 2W, Bziness to Green Drive Mobility. Bziness is tailored to meet the diverse needs of last-mile delivery fleets. These vehicles will be available in three variants: NMC, Fast Charging, and Swapping, ensuring a comprehensive solution that addresses the challenges faced by delivery companies while meeting their essential requirements.

“At Quantum Energy we are driven by a passion for sustainability,” said Chetana C., Director at Quantum Energy. “The electric vehicle fleet industry in India is transforming the last mile delivery and the ride-hailing operations. This partnership with Green Drive Mobility is a testament to our shared vision for a greener, more eco-friendly future for transportation, positively impacting the efficiency of the fleet industry,” he added.

Quantum Energy’s commitment shines through in every facet of its innovative engineering and sleek, stylish designs. Their powerful, Made-in-India scooters embody their testament to their mission of making sustainable transportation accessible to all, without compromising quality or performance.

“We are thrilled to partner with Quantum Energy Limited,” expressed Hari Krishna, Founder of Green Drive Mobility. “This collaboration will allow us to provide our customers with state-of-the-art electric vehicles that not only reduce carbon footprint but also enhance operational efficiency.”

With a focus on employee transportation and delivery services, Green Drive Mobility recognizes the growing trend towards electric mobility and its positive impact on the environment and overall cost.

This strategic partnership between Quantum Energy Limited and Green Drive Mobility is expected to combine their forces and drive the electric mobility revolution to a whole new level.

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IIT Roorkee and NHLML Celebrate Historic Collaboration in Ropeway Development

Apr 10, 2024 by Gayathri Pariti 0 Comments #IIT Roorkee, #MoU, #NHLML, #Parvatmala Pariyojana, #Prof. K K Pant, #Sh. Nitin Jairam Gadkari

Roorkee, Uttarakhand, India – April 10, 2024 – The Memorandum of Understanding (MoU) was signed between IIT Roorkee and the National Highways Logistics Management Limited (NHLML) (an SPV of NHAI), marking a significant alliance in the realm of ropeway development. The collaboration is a significant milestone in both institutions’ commitment to excellence and societal advancement.

Under the visionary leadership of Prof. K K Pant, Director of IIT Roorkee, and Shri Prakash Gaur, CEO of NHLML, the collaborative effort aims to elevate the quality of Indian ropeway components to international standards. This strategic partnership not only underscores IIT Roorkee’s esteemed reputation and expertise but also signifies the first-ever collaboration between the NHAI and an academic institution.

IIT Roorkee and NHLML Celebrate Historic Collaboration in Ropeway Development

This strategic partnership between IIT Roorkee and NHLML aims to elevate the quality of Indian ropeway components to international standards, in alignment with the Honorable Prime Minister Narendra Modi’s visionary project, “Parvatmala Pariyojana.” Under this initiative, the Government plans to develop over 250 projects spanning more than 1200 kilometers of ropeways in the next five years, with a focus on enhancing safety and affordability across India’s ropeway projects.

This collaboration marks a significant stride towards raising awareness among tourists about sustainable and eco-friendly modes of transportation, complementing the Government of India’s ambitious Green Urban Transport Scheme (GUTS). Recognizing the emerging significance of ropeways in India, there is a concerted effort to develop an ecosystem and foster capacity building nationwide, positioning ropeways as a viable alternative mode of transportation. These efforts align with the objectives outlined in the National Tourism Policy (NTP) and the Swadesh Darshan Scheme.

Furthermore, this partnership actively supports initiatives such as PMKVY 4.0 and the Skill India Mission, emphasizing the importance of skill development and training in the ropeway sector. By integrating these efforts, the collaboration between IIT Roorkee and NHLML is poised to drive significant advancements in ropeway technology and infrastructure while promoting sustainable transportation solutions across India.

The event was graced by the esteemed presence of Sh. Nitin Jairam Gadkari, Union Minister RT & H, who lauded the initiative for its potential to revolutionize transportation technology. Minister Gadkari emphasized the importance of ropeway development in enhancing accessibility, reducing congestion, and promoting eco-friendly travel modes.

Sh. Nitin Jairam Gadkari Union Minister RT & H, who was present at the MoU signing said “As the Union Minister of Road Transport and Highways, I applaud such initiatives that contribute to the advancement of transportation technology. Ropeway development holds promise for enhancing accessibility, reducing congestion, and promoting eco-friendly modes of travel. I am optimistic that the outcomes of this collaboration will not only benefit the stakeholders involved but also contribute to the overall progress of our transportation ecosystem”

“I am delighted to highlight the strategic partnership between IIT Roorkee and National Highways Logistics Management Limited (NHLML). This collaboration signifies a significant milestone in our dedication to advancing technology and infrastructure, particularly in fostering connectivity. Ropeways hold immense importance in enhancing accessibility, and through this MoU, we aim to harness our expertise in engineering and technology to drive growth and innovation in the transportation sector,” stated Prof. K K Pant, Director, IIT Roorkee.

“We look forward to a fruitful collaboration that will not only drive innovation in the field of ropeway technology but also provide unique learning experiences for our team. Together with IIT Roorkee, we aim to set new benchmarks in the industry, contributing to the overall progress of transportation solutions in India” said Shri Prakash Gaur, CEO, NHLML.

In addition to joint research projects aimed at enhancing safety and affordability in ropeway projects, IIT Roorkee and NHLML will organize Seminars/Symposiums/Conferences/ Workshops to facilitate capacity building in the ropeway industry.

IIT Roorkee facilitates interdisciplinary research efforts as a prominent participant in such collaborations. Drawing upon expertise from various fields such as engineering, logistics, and environmental sciences, the institute contributes significantly to developing robust and sustainable ropeway systems tailored to the unique needs of mountainous regions while prioritizing ecological conservation.

The partnership between IIT Roorkee and NHLML is poised to deliver tangible benefits for the institutions and communities residing in remote or geographically challenging areas. By enhancing connectivity and accessibility, the collaborative efforts led by IIT Roorkee can catalyze socio-economic development and elevate the quality of life for individuals in these regions.

Overall, this historic collaboration between IIT Roorkee and NHLML holds promise for fostering innovation and addressing transportation challenges in mountainous terrains, exemplifying the importance of academia-industry partnerships in driving societal progress.

business

HDFC Bank signs MoU with 100X. VC to support start-ups

Jun 14, 2022 by Praveen 0 Comments #100X. VC, #HDFC Bank, #MoU

HDFC Bank today announced signing a memorandum of understanding with 100X. VC, a leading early stage venture capital firm, to engage more deeply with the start-up community. The Bank will extend its full-suite of specialised services and facilities tailored for start-ups, known as Smart-Up,to all the firms associated with 100X.VC. It will also extend additional credit facilities and evaluate investment opportunities in these start-ups.

With this MoU, HDFC Bank and 100X.VC will work together in mutually beneficial areas. The venture capital firm will recommend HDFC Bank as primary Bank to all its investee companies. Through such collaboration, the bank hopes to enhance the ecosystem by supporting innovation and entrepreneurship.

HDFC Bank and 100X.VC will also conduct jointprograms for start-ups such as Master Classes. Additionally, the bank will evaluate start-ups referred to it by 100X.VC for investment and extending loans.

The MoU was signed by Mr. Abhishek Deshmukh, Branch Banking Head – Maharashtra, and Mr. Yagnesh Sanghrajka– Founder & CFO, 100X.VC in the presence of Mr. Sanjay Mehta, Founder & Partner, 100X.VC; Mr. Ninad Karpe- Partner, 100X.VC, and other senior bank officials.

Speaking on the occasion,Mr. Abhishek Deshmukh, Branch Banking Head – Maharashtra, HDFC Bank, said, “India is among the largest and fastest-growing start-up ecosystems in the world. In the first half of 2022 alone, 15start-ups have emerged as unicorns. In the past decade, we have seen the rebirth of the start-up ecosystem with a more sustainable business model in the form of venture capital.100X.VC has done transformational work in the early-stage ecosystem since their launch 3 years ago and we hope to leverage their expertise in mentoring start-ups identified by HDFC bank. Together, we hope to continue growing our objectives of contributing to the Indian start-up ecosystem.”

Commenting on the collaboration with HDFC Bank,Mr Yagnesh Sanghrajka, Founder and CFO at 100X.VC said, “We are excited to join hands with HDFC Bank in line with the Bank’s ‘SmartUp’ initiative. Under this program, we will jointly nurture emerging start-up ideas, cultivate them with 100X.VC first cheque seed capital and HDFC Bank’s banking services and access to credit seamlessly. 100X.VC and HDFC Bank are fully invested in the development of great ideas. The mentoring & resources provided under this program will ensure that tomorrow’s entrepreneurs are given the freedom to innovate and prosper.”

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IIFL Home Finance Ltd. and Indian Naval Placement Agency sign an MoU for hiring of Navy veterans

Jan 29, 2022 by Gouri 0 Comments #IIFL HFL, #INPA, #MoU, #Mr. Monu Ratra, #Ms. Rashmi Priya, #Vice Admiral Suraj Berry

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IIFL Home Finance Ltd. (IIFL HFL) and the Indian Naval Placement Agency (INPA) today signed an MoU, through which the two entities will explore opportunities for the recruitment of naval veterans within IIFL HFL. IIFL HFL aims to hire veterans/Ex-servicemen/dependents who have retired from the Indian Navy/ dependents and are competent for roles through this MoU. Mr. Monu Ratra, ED & CEO, IIFL HFL s and Vice Admiral Suraj Berry, AVSM, NM, VSM, Controller of Personnel Services, Indian Navy signed the MoU. At the event, IIFL Home Finance Ltd was represented by Mr Monu Ratra, ED & CEO, IIFL HFL, Col Rajesh Shukla, Lead Sales & Business Development (Uniformed Forces) and Ms Rashmi Priya, Head-HR, IIFL HFL while INPA was represented by Cmde Pankaj Sharma, Principal Director ESM Affairs at IHQ MoD (Navy) & Commander Vijay Director ESM Affairs.

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Through the MoU, INPA will identify a pool of Ex-Servicemen/ dependents candidates for relevant roles as per recruitment standards of IIFL HFL. The company will, in turn, enable these individuals to transition to the corporate sector through in-house assimilation and training programs.

IIFL HFL under the aegis of its Diversity & Inclusion initiative aims to offer ex-servicemen opportunities in line with their qualifications, experience and attributes acquired during their service period.

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Appreciating the efforts of the Indian Naval Placement Agency in helping the veterans find employment opportunities after completing their service to the nation, Mr. Monu Ratra stated that “We want to thank Admiral Suraj Berry AVSM, NM, VSM, Commodore Pankaj Sharma and Commander Vijay for making us a part of this endeavour”. Reiterating their commitment towards the country and its talent he added that “We, at IIFL HFL are dedicated to positively impact the communities we are a part of and through this program we hope to boost our existing workforce to provide affordable housing that truly works better for everyone”.

“We are honored and proud to partner with the Indian Navy to recruit our veterans who have served the country selflessly and bring with them special skills that can be applied towards creating a healthier world and through this MoU we hope to further our commitment to our armed forces and provide our veterans a platform to continue utilizing their skills and competency.” said, Ms. Rashmi Priya, Head-HR, IIFLHFL.

In his concluding remarks Vice Admiral Suraj Berry, AVSM, NM, VSM, said that “The INPA is committed to facilitating Ex-Servicemen, our veterans, find employment opportunities after their service to our Nation and it is our endeavor to work with the corporate sector to identify and develop programs that enables this cause. We look forward to working with IIFL HFL on this initiative”.

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