Industry 4.0, IoT, AI/ML, digital twins, block chain and cloud computing to help achieve significant efficiency gains and agility in its supply chain in addition to manufacturing efficiencies and sustainability goals.
17 Jan 2023 | 4374 Views | By Autocar Professional Bureau
Apollo Tyres, in partnership with the Telangana government, has announced the launch of a Digital Innovation Centre in Hyderabad. An MoU was signed by Jayesh Ranjan, IAS, Principal Secretary for IT and Industries & Commerce, government of Telangana and Neeraj Kanwar, vice-chairman and MD, Apollo Tyres, during the ongoing World ...
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Apollo Tyres, in partnership with the Telangana government, has announced the launch of a Digital Innovation Centre in Hyderabad. An MoU was signed by Jayesh Ranjan, IAS, Principal Secretary for IT and Industries & Commerce, government of Telangana and Neeraj Kanwar, vice-chairman and MD, Apollo Tyres, during the ongoing World Economic Forum at Davos.
This is the second Digital Innovation Centre for Apollo Tyres, with the first one being in London.
Also present at the MoU signing were K T Rama Rao, Minister for IT, Industries and MA&UD, and Dr E Vishnu Vardhan Reddy, Special Secretary, Investment Promotions and External Relations, government of Telangana. The MoU signing and exchange took place after a meeting between the two parties
As part of the tyre manufacturer’s digital strategy to implement Industry 4.0, the Digital Innovation Centre will use new age technologies like IoT, Cloud Computing, Artificial Intelligence (AI), Machine Learning (ML), Robotic Process Automation (RPA) and Block Chain to help develop and deliver new business models and market leading customer service. The DIC will drive significant efficiency gains and agility in company’s supply chain, in addition to transforming manufacturing efficiencies and helping achieve the sustainability goals.
Neeraj Kanwar, vice-chairman and MD, Apollo Tyres said, “Digitalisation is one of the key pillars for achieving our FY26 vision; setting up of this Digital Innovation Centre, along with the one in London, is part of our digital strategy. I would like to express my gratitude to the Telangana government who helped us in setting up this Centre. I am looking forward to the DIC helping us solve complex business issues and process transformation, resulting in significant financial benefits to the organisation.”
K T Rama Rao, Minister for IT, Industries and MA&UD, government of Telangana, said: “Telangana has a vibrant innovation ecosystem, with world-class organisations such as T-Hub, We Hub and T-Works enabling innovative ideas. Therefore, Telangana and Hyderabad are the perfect choice for Apollo Tyres’ Digital Innovation Centre. The DIC will be a wonderful addition to this ecosystem, and I thank Neeraj Kanwar and Apollo Tyres for choosing Hyderabad as the location for their second DIC.”
Apollo Tyres has tied up with global digital leaders, along with leading universities and governments for the development of strategic digital applications at the Digital Innovation Centres in Hyderabad and London.