India to set up Centre of Excellence (CoE) on IT for Industry 4.0

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New Delhi: As a part of the recognition of IT capacity of India, the Governing Body of the Asian Productivity Organization (APO) has approved a proposal by India’s National Productivity Council for the establishment of Centre of Excellence on IT for Industry 4.0 (CoE: IT for I4.0).

In this scenario, the Centre of Excellence (CoE) can be very effective in coordination with various stakeholders, collection of information, development of knowledge & dissemination of knowledge/information, facilitation in capacity building of industries, support start-ups etc. linking design to the customer. The result is the ‘smart factory’, which is characterised by versatility, resource efficiency and ergonomic design as well as its direct integration with business partners.

This will ensure a number of benefits such as; Creation of roadmap for implementation of Industry 4.0 especially for MSMEs, transfer of knowledge and expertise from other 19 Member countries, one stop destination on IT for Industry 4.0 for Indian industries especially for MSMEs, capacity building, support to start-ups, etc. The total cost component of CoE will be around Rs. 4.15 Crores for a period of five years. NPC’s share in the total cost will be around Rs.1.05 Crores and that of APO will be Rs. 3.10 Crores.

As part of taking the agenda forward, NPC has signed a Memorandum of Understanding (MoU) with National Small Industries Corporation (NSIC), under Ministry of Micro, Small & Medium Enterprises (MSME), Govt. of India on April 20, 2017; to carry forward the demonstration activities of CoE with various technologies such as artificial intelligence, robotics, 3D printing, sensors, etc.

The approved CoE is proposed to be launched formally in the second week of June 2017. There will be participation from the various Industries, Industry Associations, and Experts. A detailed roadmap will be prepared to take forward the activities of CoE.

Kerala IT News

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