Using computer vision and AI to capture factory-wide data of human operators, Drishti Technologies co-relates human actions to line efficiencies, bottlenecks and root-cause analysis. Indian manufacturers operating at the lower end of the automation curve can use this combination to improve productivity, safety and quality by a deep-dive into human-action analytics.
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On 28 May 2021, the Biden administration submitted a much-delayed Defense Budget to Congress, asking for $715 billion for 2022, a 1.6% increase over the previous year’s $703.7 billion. This marginal increase highlights the U.S.’s shrinking capacities compared with China, which spends less than a third of the U.S. on defence. This Budget is focussed on challenges in the U.S.’s geographic vicinity, not the administration’s resolve to counter the threat of China from a position of strength.
As China’s global competitive edge is sharpening across the military, economic, diplomatic, and technological domains, it is clear that the extent to which the Quad countries (Australia, India, Japan, and the United States) can collaborate across all four domains will be an important factor in determining whether China’s hegemonic designs on the Indo-Pacific will succeed.
As China gains ground in a global competition across the military, economic, diplomatic, and technological domains, the Quadrilateral Security Dialogue (Quad) made up of Australia, India, Japan, and the US is finally finding its footing.
The India-EU summit held May 8, was more ambitious than previous ones. Now the summit’s words must turn into action, an effort that will require continuous discussion, patient negotiation and uninterrupted dialogue between Delhi and Brussels. Will the two capitals be willing to compromise and find common ground that they have not managed to demonstrate before?
This India-EU summit was different from the ones past, and India is a significant gainer. A trade agreement and connectivity partnership aside, the EU has stepped up to help India during this emergency, viewing it not as a weak state but as a partner in distress. The geopolitical indicators for an enhanced engagement are now also in place.
Digital Manufacturing in India can bring in a new age globalisation of manufacturing, and developing resilient, transparent and trusted supply chains. With the help of MNCs, start-ups and government in accelerating digital adoption, and India must become part of the emerging global trading system, using the COVID-19 pandemic to accelerate digitisation.
Swiss bankers, long perceived as smart and the epitome of security, have lately projected themselves as venturesome players in a global theatre of high risk. It didn’t pay off, their involvement with Greensill Capital and Archegos Capital, resulted in major financial losses and a loss of cachet.
The 50-year-old Siemens facility in Kalwa adopted the Internet of Things, cloud and digital twin technologies to transform itself digitally and optimise manufacturing processes. It led to a 20% increase in productivity, and has made its product competitive with its German counterpart.
The Task Force led by Gateway House will study economic and technological cooperation between the four like-minded democracies in the Indo-Pacific.