At a program organized at RINL, Sri Atul Bhatt, CMD, RINL launched ‘Open challenge progam 2.0’, online today. The program is the second program in the series of OCP programs that are being launched by Kalpataru-CoE (Centre of entrepreneurship). This open challenge program is for selecting the startups in the field of Industry 4.0 technologies. Speaking on the occasion, Sri Atul Bhatt said that India is the second largest steel industry in the world and it is also of one fastest growing industry, with the emphasis given by the growth of infrastructure by our Govt. “The automation in the steel industry is the need of the hour and the scope of growth of automation and robotics is immense. The equipment developed by the startups will give return on investment by RINL very fast as they help in energy savings and will also help in running the process safely”, Sri Atul Bhatt added. The project, CoE (Centre of Excellence) on Industry 4.0, is being taken up jointly by STPI (software technology park of India) , MeitY(Ministry of Electronics & IT) and RINL, and Govt. of AP. This is expected to make India ‘Atamanibhar’ in the field of Industry 4.0 technologies. The CoE will have an IIOT (Industrial Internet of Things) lab, an Industrial Automation Lab with AI & ML (Artificial intelligence & Machine learning) and AR & VR (Augmented Reality and Virtual reality) lab, one more industrial automation Lab with Robotics and Drone, a third Industrial automation lab with Robotics and 3D printing.
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