Reaction quote on New Education Policy from Ed-tech expert

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Reaction quote on New Education Policy from Ed-tech expert

Aug 7, 2020 by Gouri Achary 0 Comments #CEO and Co-founder, #Mr. Beas Dev Ralhan, #Next Education India Pvt Ltd., #The National Education Policy 2020

Mr. Beas Dev Ralhan, CEO and Co-Founder, Next Education India Pvt Ltd.

The National Education Policy 2020 can be seen as a positive and bold step towards transforming our education system. The new policies will help foster new-age innovation and creativity in the minds of K-12 students. By introducing experiential learning, the classroom pedagogy will move beyond the conventional methods and focus on well-rounded learning from an early age. This futuristic approach will democratise education by leveraging digital content and alternative modes of quality education, as stated in the policy. This not only addresses the prevalent gaps but also recognises the importance of EdTech.

Integration of creative combinations of subjects, specialised learning, blended learning, interdisciplinary methods and flexible curriculum will help develop 21st-century skills among students. The policy of introducing coding from class 6 onwards is a good initiative to foster cognitive development and encourage students to learn coding at the school level.

A holistic approach towards education by introducing 5+3+3+4 structure and 360-degree holistic report card is a much welcome step as it focuses on overall development as well as social and physical awareness.

The announcement regarding 6% public investment of the GDP will provide a much-needed boost to the quality of education in the country. The National Education Policy 2020 is truly a testimony of imparting quality education and hence unlocking opportunities to make the youth future-ready.

Business World

ETMONEY launches India’s Favourite Investment product, Fixed Deposits, assuring up to 7.35% returns

Aug 7, 2020 by Gouri Achary 0 Comments #ETMONEY Founder-CEO Mukesh Kalra, #ETMONEY’s FD, #high-interest FDs from Bajaj, #online Fixed Deposits.

In line with its promise to serve the country’s investors with the most diverse range of investment options, the country’s largest online wealth management app, ETMONEY has partnered with Bajaj Finance to offer hassle-free, online Fixed Deposits. The latest offering will allow investors an easy investment opportunity with assured returns of up to 7.35 per cent. 

Indians have always prefered fixed deposits over other financial instruments owing to its reliability of being a safe investment option. However, with FD rates offered by Banks falling over the last couple of years, most Indians are now earning returns that barely beat inflation. With ETMONEY’s FD offering, millions of Indian investors now have an option to earn higher returns compared to many bank FDs.

The offering also comes with a host of features such as flexible interest payouts, tenures ranging from 12 to 60 months, and higher interest rates for senior citizens. The convenience of investing using ETMONEY in a seamless & 100% paperless manner along with the safety of this investment instrument can help millions of Indian investors plan their short-term financial goals with confidence.

Speaking on the launch of Fixed Deposits on its platform, ETMONEY Founder-CEO Mukesh Kalra said, “Fixed deposits have been an indispensable investment option for hundreds of millions of Indian families for over half-a-century. In these uncertain times, we intend to bring safety & assurance via high-interest FDs from Bajaj & enable Indians to grow their savings seamlessly. We’re glad to have been able to do it end-to-end, from concept to launch, amidst pandemic

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CIE@IIIT Hyderabad announces 11th Cohort of DeepTech and 5th Cohort of MedTech Accelerators

Aug 6, 2020 by Gouri Achary 0 Comments #11thcohort of deep-tech and 5thcohort of MedTech startups, #6-month deep-tech accelerator programme, #AVISHKAR DeepTech is a 6-month cohort-based accelerator, #AVISHKAR& OJAS accelerator programmes at CIE@IIITH, #Dean R&D, #IIIT Foundation, #IIIT-Hyderabad & CEO, #OJAS MedTechan accelerator, #Prof. C V Jawahar

6 August 2020, Hyderabad: The AVISHKAR& OJAS accelerator programmes at CIE@IIITHhas opened applications for its 11thcohort of deep-tech and 5thcohort of MedTech startups. The 6-month deep-tech accelerator programme is specially designed for early-stage startups building products in the areas of Machine Learning, Image Processing, Robotics, AR/VR, NLP and other sub-domains of AI.

AVISHKAR DeepTech is a 6-month cohort-based accelerator for emerging tech startups and OJAS MedTechan accelerator for startups in life sciences, biotechnology, diagnostics, point of care devices for healthcare along with emerging technologies facilitated by CIE@IIIT Hyderabad, Co-creation Consulting& Sathguru management consulting.

It brings together the deep-tech expertise of IIITH’s research labs and technology mentoring opportunities that help startups build a quality product/features within shorter timelines. The startups also go through a structured strategic business mentoring from Co-Creation Consulting & Sathguru Management Consulting, customer introductions and investor connects for a follow-on round of investments. MedTech startups also get access to Medtech consortium which includes clinicians, hospitals, pharma, biotech & manufacturing companies. Investment readiness of the cohort startups is a key deliverable for the 6-month programme. A number of other ecosystem partners of IIIT-Hyderabad also contribute toward the programme with business development services and tools.

Prof. C V Jawahar, Dean R&D, IIIT-Hyderabad & CEO, IIIT Foundation says, “Given the current scenario that the Indian start-up ecosystem is going through, programs like AVISHKAR will help boost and support nationwide innovation through early-stage startups. AVISHKAR’s base technology, mentorship and funding provide a massive edge. Using CIE@IIITH resources can translate into substantial benefits while scaling, and rapid internationalization of these ventures.”

Closing date for applications is 15 August 2020.

Application link: https://cie.iiit.ac.in/accelerator_programs/

Hear from our Avishkar mentors and Avishkar startups on how the 6-month accelerator helped: https://youtu.be/Jxw4Wa6g1eE

Hear from our OJAS mentors and OJAS startups on how the 6-month accelerator helped: https://youtu.be/IptecR55oUo

A few of AVISHKAR’s & OJAS success stories:

Instoried: Bengaluru-based AI-driven deeptech content startup Instoriedhelps brands predict the emotional impact of their content upon their customers’ minds

Niche.ai : Computer vision studio solutions for enterprises.

DreamVu :360 degree camera technology used for security, surveillance, crop monitoring, teleconferencing, virtual tourism etc.

Inventigen Technologies Private Limited: An advanced cancer prognostics platform provides computer vision and ML-based automated diagnostics tools and treatment decision support tools to histopathologists, radiologists and oncologists. They are based out of Hyderabad.

Altor: Building smart helmets that can be connected to the rider’s smartphones to provide features like accident detection and hands-free navigation

Dave Ai – Dave.AI is an Artificial Intelligence-powered sales augmentation platform. The platform helps brands create a virtual sales avatar to understand their customers, customer’s preferences & deliver a personalized value selling experience that improves profitable sales for the brand.

Answerwise.io: answers is a stunningly simple AI layer for your customer support that helps deflect your common support queries while providing a seamless support experience for your customers

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Freedom from Infertility – Free Virtual Infertility Screening Camp at Oasis Fertility, Dilsukhnagar, from 8th to 15th August!

Aug 6, 2020 by Gouri Achary 0 Comments #‘Free Virtual Infertility Screening Camp’, #2020, #Clinical Lead and Fertility Specialist, #Dilsukhnagar, #Dilsukhnagar centre, #Dr Sreevani, #from August 8th to 15th, #Oasis Fertility

Hyderabad, 6th August 2020: Oasis Fertility, Dilsukhnagar centre, is hosting a ‘Free Virtual Infertility Screening Camp’ as part of its 5th-anniversary celebration and to commemorate India’s Independence Day, from August 8th to 15th, 2020. As part of this, patients will be screened online and only those needing personalized counselling and care will be advised to visit the Centre. All such patients visiting the Center will be treated as per the safety protocols set under ICMR guideline. Patients wanting to avail the services of the free camp may register by calling 7337328877.

The prevailing COVID 19 conditions have led to a serious dilemma for the patients needing infertility care, says Dr Sreevani, Clinical Lead and Fertility Specialist, Oasis Fertility, Dilsukhnagar. The patients are apprehensive to venture out and visit the hospital for seeking Doctor’s consultation. On the other hand, the prospective parents are fast running out of time in their attempt to have a child. The window of opportunity for becoming parents diminishes significantly as the couple cross the age of 30, the chances of a female patient getting pregnant declines by 0.3% every month and the deterioration is a steep 2% with a delay of 6 months. Considering the patients’ discomfort to visit the hospital, Oasis Fertility is conducting Free Virtual Infertility Screening Camp to help them to lose no further time due to COVID 19, she adds.

Infertility is a serious health issue worldwide, affecting approximately 8% to 10% of couples worldwide. Out of 80 to 100 million couples suffering from infertility every year worldwide, probably between 25 and 28 million (25%) are in India alone. According to a report by the World Health Organization (WHO), one in every four couples in developing countries is affected by infertility. The magnitude of the problem calls for urgent action, particularly when the majority of cases of infertility is avoidable.

Business World

Adidas launches Manchester United 2020/21 home jersey, inspired by the club’s iconic crest in India

Aug 6, 2020 by Gouri Achary 0 Comments #“Manchester United DNA”, #AERO READY – FEEL READY, #Design Director at Adidas, #fresh new 2020/21 season home kit, #HEAT.RDY – KEEP COOL, #Inigo Turner, #manager Ole Gunnar Solskjaer, #Manchester United

New Delhi, August 6th 2020: Adidas has launched a fresh new 2020/21 season home kit of India’s most-followed football club – Manchester United, inspired by the club’s iconic crest.

The “Manchester United DNA” has been a focus for manager Ole Gunnar Solskjaer and his team, and the home jersey for the forthcoming 20/21 season aims to encapsulate the DNA of the club, using the threads of the club crest itself to produce a subtly patterned base fabric.

Taking influence from the intricacies of the yarn-stitched application onto the shirt, a fine graphic print provides a unique pattern and detailing onto a colour-block background. The name of the club is also proudly engineered into the print, visible through the use of different red tones.

Inigo Turner, Design Director at Adidas, said: “For this season, the design team at Adidas researched the values and iconography that connect athletes and fans, and looked to fuse these with modernity and innovation, to create something that connects the people and stands for unity.”

“We pretty quickly landed on the crest as it is the representation of the heart and passion of the club, it is symbolic and iconic across the world. It is significant as the first component added to each design, and one that makes up the threads of the shirt design for the 2020/21 season.”

The home shirt features HEAT.RDY – KEEP COOL, Adidas’ cooling innovation that keeps the wearer feeling dry and confident in the game. The replica shirt offers similar benefits with AERO READY – FEEL READY, a technology that helps players feel comfortable and ready to play.

The jersey will be available at Adidas online store www.shop.adidas.co.in & select retail stores at INR 4,999

Film Weblink: https://www.youtube.com/watch?v=Xu_UTB-RaEo

Business World

Inputs on RBI Monetary Policy Review- Real Estate Industry Experts

Aug 6, 2020 by Gouri Achary 0 Comments #Affordable Housing Committee, #CREDAI (National), #Gaurs Group and Chairman, #Manoj Gaur, #MD, #RBI Monetary Policy Review Meeting - Real Estate Sector

Manoj Gaur, MD, Gaurs Group and Chairman, Affordable Housing Committee, CREDAI (National)
“Real estate sector needs hand-holding at this point in time. Though unchanged repo rate is understandable the need to have special measures in place cannot be denied. The buyers are coming back to the sector after realizing the importance of real estate asset-backed by historically low EMIs, the developers too need some interventions that can help them expedite the process of development”.

Dhruv Agarwala, Group CEO, Housing.com, Makaan.com and Proptiger.com
“As the economy is still to recover to pre-COVID levels and the risk to aggregate demand in the near future remains high, it is important that the transmission of past rate cuts are more effectively passed on to consumers as well as industry. However, It is indeed heartening to hear that the average lending rates have fallen by close to 90 bps since March 2020. Additionally, the liquidity in the banking system seems to be at comfortable levels. Nevertheless, the RBI’s decision to provide additional liquidity to the tune of Rs 5,000 crore to NHB augers well for the stability of HFCs that will provide some growth impetus to the real estate sector in turn.”

Uddhav Poddar, MD, Bhumika Group
“The main issue is that banks have not taken adequate steps to reduce the rates or to ease the liquidity. All the good steps taken by RBI earlier will not bear fruit if the banks don’t take necessary action at their level. Real Estate is badly affected due to the pandemic and we need support from the banks by providing adequate liquidity to the sector and providing cheap home loans to the customers, to make sure the segment can flourish again. We have to understand that real estate is an integral part of economic growth as it is the largest employment generator”.

Pradeep Aggarwal, Founder & Chairman – Signature Global Group & Chairman – ASSOCHAM National Council on Real Estate, Housing and Urban Development
“It was an expected move by the RBI to keep the repo rate unchanged and it is commendable that it is doing its part to ensure that the economy stays on the right path. However, the banks have not yet passed on the benefits to the consumers, which are not benefitting the real estate sector that in turn is affecting the allied industries too. RBI should take action so that banks should extend loans to the real estate sector. Liquidity crisis has to be tackled soon as the situation after Corona is dismal; this cannot happen until and unless banks take a firm decision to back the sector that has many allied industries attached to it”.

Amit Modi, President (Elect) CREDAI Western UP and Director ABA CORP
Market experts predicted a repo rate cut by 25bps in today’s announcement by RBI, but fortunately, the longing demand from the real estate sector of loan restructuring was declared. With the consumer confidence low due to the ongoing pandemic situation, and real estate sector going through a period of strife, we appreciate the government’ efforts and a keen eye to look into initiatives that will help us in generating more demand in the real estate market as well as helping millions of first-time homebuyers to realize their dream. Loan restructuring will strengthen the real estate outlook for developers in the coming years and pave way for consistent growth.

Ashish Bhutani, MD, Bhutani Group
“RBI Monetary Policy Committee has kept the repo rates unchanged, even when market experts cited the conditions being favourable for it. This decision was taken due to the signs of revival, that the MPC has observed with unlock. However, the continuous surge in cases is constantly hampering the stability that commercial real estate needs for planning the expansion, mapping the already allocated funds, driving international investments, and dispersing some amount of capital to construction and permissions required. We are hoping apex financial institutions assess the realty market closely to deliver, if not repo rate cuts then some other kind of relaxation to improve sentiments of associated stakeholders”.

Dhiraj Jain, Director, Mahagun Group
India is going through one of the biggest economic crises because of the global pandemic situation, and real estate is also facing the pinch like other sectors. A sector that contributes handsomely to the GDP needs handholding and the developers are voicing their concerns in a bid to make the government pay heed to their demands. One of the demands is of loan restructuring will help tackle the liquidity crunch that real estate has been struggling with for quite some time now. Developers are not getting fresh loans or even the top-ups which are hurting the construction activities. Loan restructuring has been done for the MSMEs and we were expecting that the Apex bank would consider it for real estate too. Liquidity is a big concern and a halt in activities during the lockdown affected the cash flow. The government has to consider it in order to ensure the smooth functioning of infrastructural development.

Mohit Goel, CEO, Omaxe Ltd.
With a sharp reduction in policy rates announced since March, a pause was always on the cards. But we expected the apex bank to announce some measures like the restructuring of loans, which could have reduced the stress on the sector and given a boost to demand. However, the decision to constitute an Expert Committee under imminent banker KV Kamath to recommend financial parameters, along with the sector-specific benchmark for resolution plans is a welcome step. The infusion of Rs 5000 crore in NHB is also a step in the right direction to boost liquidity.

Vikas Bhasin, CMD, Saya Homes
The government and apex bank are making efforts like never before to overcome the damage done to the economy due to Covid-19. Repo rates are already at historic low and are benefitting the buyers. However, real estate is passing through a challenging phase and we would request the apex bank to consider one-time loan restructuring that has been a long-standing demand is warranted at the earliest.

Harvinder Singh Sikka, MD, Sikka Group
Real estate has been going through a challenging phase. Last financial year too, the situation was not good for the first 9 months and it got worse with the onslaught of a global pandemic. It has become difficult for many developers to manage cash flow to meet the requirements of construction, salaries, vendor payment, and then at the same time they have the loan obligations. The overall sentiment needs a boost and with one-time loan restructuring, the confidence of the buyer will be back.

Raman Gupta, Director- Branding & Construction- GBP Group
In today’s announcement, the apex bank has kept the repo rate unchanged to 4% which was an expected move to keep the economy of the country afloat amidst the pandemic. Being one of the major contributors to the economy of the country, the benefits provided to the sector will have a positive impact on the overall growth of the nation. With the schemes like CLSS & PMAY along with the low repo rates, the customers are moving back towards the real estate sector. Along with providing one-time loan restructuring to MSMEs, we expect the apex bank to announce the same for real estate sector as well.

Ashok Gupta, CMD, Ajnara India Ltd.
We understand the status quo on repo rates but not a single word was said about one-time loan restructuring for the real estate sector. Such demand or need for restructuring is not happening for the first time. In 2008, RBI asked banks to restructure and around Rs, 40,000 crore of debt was restructured across all sectors, which included real estate too. It proved beneficial for real estate as the infusion of funds helped the developers in completing the projects at hand and win the confidence of the buyers leading to the revival of the sector. Real estate needs last-mile funding and outstanding loans are acting as roadblocks; one-time loan restructuring will make the banks consider the credit requirements of developers, which in turn will help the developers in completing the stalled/delayed projects. The situation in 2008 arose because of the Lehman Brothers crisis and at that time loan restructuring helped revive the sector which saw a capital appreciation in properties in 2010 after a lull period of around two years. At present we have a similar situation at hand and thus the sector needs help from the government.

Business World

Non-ISI helmet ban: Two Wheeler Helmet Manufacturers Association applauds Govt.’s move

Aug 6, 2020 by Gouri Achary 0 Comments #Bureau of Indian Standard’s (ISI) safety standards, #MD, #Mr. Rajeev Kapur, #Steelbird Helmets & President

Mr. Rajeev Kapur, MD, Steelbird Helmets & President, Two Wheeler Helmet Manufacturers Association, welcomes the latest notification from the Ministry of Road Transport and Highways according to which helmet manufacturers will no longer be able to manufacture, stock and sell helmets that do not comply with Bureau of Indian Standard’s (ISI) safety standards.

Commenting on the Government’s decision in the public interest to enforce the regulations of the Bureau of Indian Standards, Mr. Rajeev Kapur said, “I applaud the decision taken by the Government in ensuring that manufacturers do not make sub-standard helmets and subsequently riders don’t use them. As per WHO statistics, about 3,00,000 people died in 2016 in road accidents in India and about 40% of these accounted for two-wheeler riders without helmets. Similar data by MORTH shows that in 2018 about 43,614 people died in India in road accidents who were not wearing a helmet while riding a two-wheeler. The implementation of mandatory ISI marked headgear is a major step for the safety of two-wheeler riders and will go a long way in reducing the huge number of two-wheeler accidents across the country. We are going to save millions of lives. The huge number of riders are dying on the road for not wearing a helmet or wearing a non- ISI marked helmet. At the time of the accident, if the rider is wearing a sub-standard helmet, it can crash and enter the head causing brain haemorrhage that could prove to be fatal. After the Government’s notification, each and every rider will be compelled to use an ISI marked helmet. No one will be permitted to manufacture, stock, sell and import helmets that do not have an ISI mark if they do so it will be considered a criminal offence.”

The new norms for lighter helmets and ventilation have been rightly enforced by the government given the reasons motorcycle riders maintain for barring the helmets. Lighter helmets are further suitable for the Indian conditions. The members of Two-Wheeler Helmet Manufacturers Association are already making lighter helmets starting from about 700gm. “If there are any companies that make heavier helmets, the new norms will help compel them to improvise and add value to their product. Maintaining the highest standards of quality and safety of helmets is a priority for us at Steelbird, and that further makes us applaud the Government’s decision in the direction of banning the non-ISI helmets,” he added.

Welcoming the Government’s move, Mr. Kapur added, “This initiative is going to be highly beneficial to the people of this country. All imported helmets that are flooding the Indian market cannot be verified for their quality standards. We do not know whether they are genuine or fake. It is difficult to determine whether the imported helmets coming from other countries are following all the quality standards. After this notification, the Government can get control over the quality of helmets that we import in the country. The consumers will have the privilege to use the right ISI marked product that has passed all the crucial quality tests and standards of the country.”

Business World

Mahak Group Launches Campaign for Mint ChocOn Featuring Janhvi Kapoor

Aug 6, 2020 by Gouri Achary 0 Comments #‘Mint Nahi Hint Hai’, #CEO & MD, #Janhvi Kapoor, #Mahak Group, #Mahak Mint ChocOn, #Mr S K Jain

Mahak Group has launched a new campaign-‘Mint Nahi Hint Hai’, for its trademark candy Mint Choc On. Mahak Mint ChocOn is a one-of-its-kind candy with mint favoured outer shell and delectable, chocolate filled centre. The TVC star actress Janhvi Kapoor and sets beautifully encapsulates the emotions of a young couple on their first date.

The film opens to a beautiful late evening setting, where Janhvi and a boy are sitting by a hilltop ledge. The couple is out on their first romantic date. Since it’s their first date ever, they’re both a little clueless about exactly what to do on a first date. Trying to break the awkward silence, Janhvi asks, “So, aur kya Karte hain first date pe?” to which the guy replies, “Pata nahi….mera bhi toh first time hai.” Janhvi then passes on a Mahak Mint ChocOn candy to the guy and he replies, surprised, “Mint?” Janhvi shyly replies, “Ye Mint Nahi Hint Hai.” Taking her subtle hint, the boy then consumes Mint ChocOn and leans in towards Janhvi.

Mr S K Jain, CEO & MD, Mahak Group said: “Today it is of utmost importance to all brands to keep coming up with innovative offerings in order to create a recall and a strong customer base in the market. We launched Mint ChocOn keeping just that in mind. Mahak Mint ChocOn is a novel concept, with just a hint of playfulness and whimsy. Our campaign is aligned to the core essence of Mahak Mint ChocOn. We employ German technology in manufacturing the product. From a teenager to a young working professional, Mint ChocOn is an offering, which will appeal to everyone. We feel that someone as vivacious and full of energy as Janhvi fits the bill perfectly and is an ideal choice for a brand ambassador. We are ecstatic to have her on board as the face of the brand.”

On associating with Mint ChocOn Janhvi Kapoor said: “I have always had a bit of a sweet tooth, in fact, I can have sweets any times of the day! Whenever my parents were happy with Khushi and me, they would spoil us with candies and chocolates. Which is why I am happy to associate with Mint ChocOn. It is such an innovative concept. I am sure Mint ChocOn is soon going to be a crowd favourite.”

Business World

ATUL GARG – A MAN WHO CHANGED THE FACE OF PAPER INDUSTRY IN INDIA

Aug 6, 2020 by Gouri Achary 0 Comments #Director of Oddy and founder of Uniwraps, #founder of Uniwraps., #Mr. Atul Garg, #oddy

Successful people have a few traits in common – they’re willing to work harder than anyone else, they take a risk on an idea they believe in, they follow their gut even if everyone else is telling them they’ll never be able to make it. And, of course, they all start from very humble backgrounds. Introducing a pioneer in the stationery brand, Mr. Atul Garg, Director of Oddy and founder of Uniwraps.

Though he belonged to middle-class family background and had no major savings when he decided to support his father in his work. He left his higher studies and started supporting his father at his shop selling stationery items. But his desire to do something great and big in life decided to launch his own brand for office stationery called “Oddy” which was coined by his father that means “On-demand.”

Though the journey was not so easy, he started manufacturing stationery from a small set of secondhand machines. Fast-forward to 2001, he had a dedicated building for sales, packaging, dispatch and billing and two years later, he bought the first factory for Oddy at Okhla Phase 2, New Delhi. There has been no looking back since then. He made several trips to Germany, France, Korea and China and kept adding pre-branded stationery to the existing basket and expanded his distribution network across the country.

The idea was to start developing the stationery product line for masses by learning from other countries and then implementing at home. Also, he built very good relations with prominent paper suppliers in Europe and learnt about types of paper, paper properties and processes of papermaking.

His passion for learning & research led to the launch of another innovative product in the Indian market, which he experienced at a family picnic when the mango pickle, which they carried in aluminium foil, leaked and spoiled the rest of the food.

He did a quick research on google about aluminium foil and found that it reacts with food and can harm the human body. That moment only he decided to launch the safe food packaging paper for the market.

He travelled a lot abroad to do extensive research and was looking for the solution to pickle puzzle, which he finally got in France. The solution meant that he had to purchase 75% paper from them and the rest 25% had to be processed in India. This involved a huge potential risk, but he took a leap of faith and placed a huge order for the special paper that they offered. After several failed attempts and six months to get the right combination, the team came up with India’s First Food Wrapping paper Uniwraps that is safe and secure for human bodies. One must look into every single detail and create a product that addresses all the problems of the end-user. They went ahead and printed one side to make it look attractive and to help the user identify the side that must come in contact with the food. So, they also tailor-made a blade for cutting the paper. Today, there is a wide range of Food wrapping papers and baking papers for food products.

Accepted by the Indian market, Today Uniwraps is one of the leading and pioneer companies in the food packaging paper industry. Atul’s success mantra of learning, passion, research & producing innovative products makes him a Real paper man from India.

Business World

FusionVR empowers mission-critical functions with Digital Twins

Aug 6, 2020 by Gouri Achary 0 Comments #Augmented Reality -, #Big Data and Analytics -, #Dr. C. SS Bharathy, #FusionVR, #Industrial Revolution, #Simulation -

New Delhi, 6th August 2020:FusionVR, India’s leading Industry 4.0 solutions provider strengthens its commitment to help the industry achieve excellence consistently and effectively through the disruptive Industry 4.0 technologies. Amongst the many industries, security and military functions demonstrate the impending need to integrate Virtual Reality/Augmented Reality/Mixed Reality /Internet of Things and Artificial Intelligence solutions.

A recent PWC study says that VR training is four times faster and four times more focused than typical Class-Room Training. It’s also 3.75 times more emotionally connected with a 40% improvement in operator confidence. VR-Training transforms defence personnel into competent, confident resources inheriting decades of knowledge and experience in a short duration, saving years of training time.

The company aims to bring the Fourth Industrial Revolution to impart remote training and manage remote monitoring functions at diverse high-priority and sensitive industries.

Fusion VR aims to devote its efforts to create a truly collaborative environment where simulations, systems, and models coupled with data analytics and AI adds value to the existing systems. Here are some Industry 4.0 technologies that can make proactive changes in the mission-critical industries:

Simulation –

Fusion VR’s immersive VR simulation can become a viable method to test new equipment, check designs, and make an overall assessment before making it production-ready. A thorough and fool-proof evaluation can save a considerable amount of production costs and time. Furthermore, VR simulations can better educate, and train staff and resources deployed at critical projects and missions with safety and security.

Augmented Reality –

Augmented Reality solutions can empower military personnel with overlay display within his field of vision. The technology also improves communication by facilitating remote assistance, improving real-time analysis, and information display to reduce risks. AR is also being applied for maintenance purposes of sophisticated military purpose types of machinery.

Big Data and Analytics –

Information is critical in any business, but in defence, the stakes are higher. In an intelligent defence ecosystem, scores of raw data generated from multiple sources get churned for the decision-making process.

The churned data get processed for the following purposes –

● Reducing human dependency and empowering AI in mission-critical functions

● Real-time monitoring

● Conducting descriptive and predictive analytics

Presenting his views on the subject, Dr. C. SS Bharathy, Founder Fusion VR, said, “The potential of Industry 4.0 technologies in the security and service sector is immense, considering its vast applications and effectiveness in churning results. In the not-too-distant reality, the adoption and application of these technologies get witnessed on a global scale. FusionVR is relentlessly working on to make the shift seamless in India”.

Our solutions are a way forward for the security and military services to embrace change and optimise operations with a truly virtual framework,” he added.