IIT Kanpur Incubated Startup Gets Govt Funding To Commercialise AI, Robotics Systems In Automation Industry And Railways
Representative ImageThe Central government has approved funding support to an IIT Kanpur incubated startup for commercialising machine vision and robotics system for automation in manufacturing industry.
The Technology Development Board under the Centre's Department of Science and Technology has entered into an agreement with the MLIT-18 Technology Private Limited for "commercialization of Machine Vision and Robotics System for Automation in Manufacturing Industry".
The board has pledged a support of Rs 4.12 crore out of the total project cost of Rs 5.89 crore.
The company is incubated at the Startup Incubation and Innovation Centre at Indian Institute of Technology, Kanpur.
MLIT-18 has indigenously developed solutions which will be a direct substitute to the Quality Assurance and Inspection system for industrial automation in manufacturing industries and railways.
In the project under TDB support, the company has proposed an import substitute for many major automation solutions like wagon inspection, thermal detection in mining industries, sieve analysis and pre-delivery inspection in automobile industry.
The working system is already deployed at the customer sites like Ultratech (Aditya Birla), Birla copper unit, Mahindra Igatpuri etc, the Ministry of Science and Technology said on Monday (10 April).
According to the ministry, the entire design, algorithm and assembly in the developed product is indigenous.
The company has a manufacturing site at Maharashtra for the realisation of AI and robotics systems in the automation industry and railway.
An Appeal...
Dear Reader,
As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.
Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.
We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.
Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.
