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NITI Aayog and ABB India partner to make India AI ready

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Capital Market
Last Updated : May 23 2018 | 3:31 PM IST
The National Institution for Transforming India (NITI Aayog), the think tank of the Indian government, and ABB India have signed a Statement of Intent (SoI) to support the Indian government realize its ambitious vision of Make in India through advanced manufacturing technologies that incorporate the latest developments in robotics and artificial intelligence.

NITI Aayog will work with ABB to prepare key sectors of the economy, such as the power and water utilities sector, industries like food as well as the heavy industries sector; and the transport (rail and metro) and infrastructure sectors for digitalization, the Internet of Things (IoT) and Artificial Intelligence (AI). The initiative also covers the fast growing segment of electric mobility. Jointly, NITI Aayog and ABB will work with government ministries, solicit feedback for areas critical to them and discuss solutions using industrial automation, and digitalization technologies.

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First Published: May 23 2018 | 3:10 PM IST

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