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DHL Opens India’s First Integrated Warehousing Facility in Bengaluru

  • New facility reduces end-to-end transit time and supply chain costs
  • The 77,500-square feet GST-ready site will facilitate ease of trade in India’s IT Hub and surrounding areas

DHL Global Forwarding, the air and ocean freight specialist within Deutsche Post DHL Group, today inaugurated the country’s first integrated warehousing site in Bengaluru to provide both Customs Bonded and Domestic warehousing (CBD) solutions.

With an investment of INR 7.5 crore (Euro one million), the state-of-the-art facility is an appointed Customs Public warehouse with a domestic area for storage, sales and distribution of goods. It functions as a duty free zone and comes with a value creation area that enables labeling, packaging and repacking services. The warehouse has been set up to ensure the seamless handling, storage and movement of imports with an option to re-export. Customers will also benefit from the GST-ready warehousing space at the facility for cargo cleared for home consumption and indigenous goods. This innovative solution will bring synergies in processes, equipment and people in both areas of the warehouse, thereby increasing time and cost improvements for customers.

This offering supports DHL’s brand promise: ‘Excellence. Simply Delivered’ and will further complement DHL Global Forwarding’s portfolio of international freight and landside services.

All industry verticals including Automotive, Engineering & Manufacturing, Fashion & Apparel, Retail & Duty Free Shops, Life Sciences & Healthcare and Technology can benefit from this unique solution. The CBD is well equipped with a Warehousing Management System (WMS), ISO documented processes, and Transported Asset Protection Association (TAPA) for both areas and adheres to the highest security standards which include motion sensors, fire alarm systems, CCTV and access control.

Located in Kasaba Hobli within 22 km of Bengaluru International Airport and 25 km from the Inland Container Depot, the single site facility is equipped with multi-user benefits to increase speed and cost efficiencies.

Bengaluru is one of India’s most dynamic cities and a major trading hub driven by technology and innovation. With the presence of leading IT players, several multinational and retail brands, Bengaluru also handles huge volumes of imports. According to statistics published by custodians, Bengaluru airport handles close to 84,000 MTs of air imports per annum. Given its strategic location, it can impact close to 120,00 MTs per annum, taking into account the catchment areas in surrounding Tamil Nadu and Kerala. The unique combination of customs bonded and domestic warehousing facilities under one roof offers import customers the convenience and ease of doing business in this thriving city.

On the occasion of the launch, George Lawson, CEO, DHL Global Forwarding India said, “As the trade facilitator for India, this new facility demonstrates our commitment to customers in the Indian market. Simplifying customer trade is our passion and we are excited to pioneer customs bonded warehousing solutions for the first time in India.”

Amit Dawar, Director, Value Added Services, DHL Global Forwarding India added, “This warehouse will help meet the demands from customers owing to the lack of bonded facilities near Bengaluru airport. It will also help reduce turnaround time by up to two days, decrease multiple handling with its associated risks and reduce costs, while providing consolidation of domestic and imported goods.”

DHL Global Forwarding is the global market leader in air and ocean freight, customs brokerage and industrial projects. Offering a range of value-added services, DHL Global Forwarding provides significant benefits for customers including greater geographic spread, product and service leadership, and enhanced offerings to meet all their logistics requirements. With 44 locations across 27 cities, DHL Global Forwarding India’s network spreads across thriving business hubs to sprouting industrial centers covering the length and breadth of the nation, and is present in all the major sea and air ports in the country.

About DHL – The logistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL family of divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 350,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, energy, automotive and retail, a proven commitment to corporate responsibility and an unrivalled presence in developing markets, DHL is decisively positioned as “The logistics company for the world”.

DHL is part of Deutsche Post DHL Group. The Group generated revenues of more than 57 billion euros in 2016.

With RBI Cutting Repo Rate, Fence Sitters Should Step Forward and Make Their Home Buy Decision

The aspect of Inflation being under control; and at an all-time low at 1.54 per cent, logically, would support the aspect of it being the right time to lower interest rates. Given macro-economic data which showed inflation at a record low; as also factoring in the impact of the fall in factory output, the Reserve Bank of India (RBI) reduced the short-term lending rate (repo rate) by 25 basis points (bps) to 6 per cent, at the bi-monthly policy review on 02 August 2017. The markets as also industry pundits were hoping for something higher – personally, I felt that 50 bps would have been welcome.

Over the period of one year, Indian business and industry are expecting a 100 bps rate cut, and in light of this, a cut of 0.50 bps in August would have been apt. From the perspective of the real estate industry, any rate cut by the RBI boosts sentiment and has a positive effect on sales of residential real estate. While a cut of 50 bps this August would have been welcome, a cut of 25 bps after four straight reviews when rates remained constant, is a welcome step

The Indian economy as also the real estate industry has been grappling with the impact of Demonetization, RERA and GST, which have effectively, slowed down the ‘buy’ decision; almost all home seekers have been in a ‘wait and watch’ mode since past few months. In light of this, the rate cut will bring in much-required positivity for sentiment, which in turn, will have a positive impact on home buyers, and I expect the RBI’s announcement of a 25 bps repo rate cut to not just boost positive sentiment, but also mark a turnaround from the negativity which had been perceived in the real estate sector.

Given the recent incidental changes in operations of Indian real estate as also the perceived slowdown in the economy, credit options were limited. The rate cut brings in the affirmation to push home loan lending. For the home buyer, it will translate into lower EMIs and a wide array of options and choices for customers to buy their dream homes. This should impact ‘indecisive fence sitters’, and they should start to buy homes at better pace, given that market sentiments are conducive for home buying.

The Prime Minister’s vision of ‘Housing for all by 2022’ as also the target for ‘Affordable Housing’ should be achieved by various initiatives under the Pradhan Mantri Awas Yojana (PMAY), with various positives, including interest subventions scheme for Affordable Home buying and granting of infrastructure status making long term funding available such projects.

Given the high process of land the metro cities, we need to look at availability of comparatively cheaper land parcel in peripheral and Ties II & III cities, and I feel PMAY could be useful for such locations.

I expect residential real estate sales to improve post RERA and GST, and given that no tax is applicable for buildings having received OC, post the RBI’s announcement of a 25 bps repo rate cut, I expect fence sitters to step forward and make their ‘home buying’ decision.

~ Dr Niranjan Hiranandani is Founder & CMD, Hiranandani Group. His recent initiative is Hiranandani Communities. He is also Founder and First President, National Real Estate Development Council (NAREDCO-Maharashtra), which works under the aegis of Ministry of Housing & Urban Poverty Alleviation, Government of India.

The 4th Delta Advanced Automation Design Contest

Delta Electronics, a global leader in power and thermal management solutions organized the 4th Delta Advanced Automation Design Contest at Delta’s Wujiang Plant in China, from July 24-26. The contest which is participated by students from various countries aims to build awareness in automation, to learn new automation trends and to enhance system integration skill among the students.

The 4th Delta Advanced Automation Design Contest adopts the concept of advanced industrial automation development from “Industry 4.0” and “Made in China 2025”. Under the theme of “Seeking Smart Manufacturing Talents”, the competition included three major categories: “smart machines”, “smart robot”, and “smart manufacturing”. This year, the 74 teams from China, Taiwan, Thailand and India who were shortlisted for the final contest making this competition an international event. Aside from the Special Awards, the First Prize, Second Prize, Third Prize and Editor’s Awards were also presented among the other 72 teams at the award ceremony on July 26.

Many creative and outstanding ideas were brought up by contestants during the contest. Three teams from India representing Lovely Professional University, The NorthCap University and Vellore Institute of Technology, participated in the contest for the first time and presented their design and projects to the judges. All three teams walked away with the appreciation and prizes.

  • LPU University, Punjab (India) – PICASO Team (First Prize):

PICASO 4.0: The PICASO 4.0 is a Vertical Laser Engraving Automated Solution that integrates Delta’s CNC controller and a multi-axis motion control robot. The solution allows the equipment to move horizontally, and can directly perform laser engraving on various materials including brick walls, concrete, glass, timber, and more. As an utterly innovative solution that does not constraint by horizontal workspace, it can also opt for a variety of tools for painting and cutting.

  • The NorthCap University, Gurugram (India) – TVN Team (Second Prize):

Self-Checkout System in Retail: It is an integrated system consisting of an Android application, a bulk scanning/sealing station with a custom PC-based UI and a boom barrier, all controlled by a local server so as to facilitate faster checkout, reduce waiting time and avoid shoplifting from the retail stores.

  • Vellore Institute of Technology, Vellore (India) – Futurtronics Team (Second Prize):

Mobile Bin Picking Robot: So far, bin picking robots are stationary. In order to extend the workspace of the robot and to make bin picking available for industries, this project implemented bin picking using an autonomous mobile robot. This concept is motivated by industrial applications. The robot grasps the desired object, and then places it in a basket with itself. It then transports to a processing station where the object is to be placed. After the object is unloaded, the robot moves back to the initial point for further picking.

Addressing at the award ceremony, Mr. Yancey Hai, chairman, Delta Electronics, Inc., said, “The manufacturing industry worldwide is going through a major transformation toward smart manufacturing. Delta, focusing on caring for “Environmental Protection, Energy-saving, and Our Green Earth”, values the development of advanced education and conducts various academia-industrial cooperation projects. The Delta Advanced Automation Design Contest is one of the most important projects, and we have successfully discovered many talents with innovation and creation through this contest.”

Mr. Andy Liu, general manager of Delta Industrial Automation Business Group, pointed out at the opening speech, “Smart manufacturing is the future of manufacturing industry. To achieve this goal, we need more talent, and that is why Delta, as a world-class industrial automation brand, keeps working on academia-industrial cooperation to cultivate and find more talent. We provide great opportunities like Delta Advanced Automation Design Contest to encourage more students devoting to this field, experience the industrial environment and prepare for their future career in this field.”

As a world-class Industrial Automation brand, Delta has been working on enhancing industrial technology while sharing experience and techniques to talents through academia-industrial cooperation. Since 2008, Delta has launched academia-industrial cooperation project with dozens of colleges and universities in Taiwan and China, including donating automation products, build up “Delta Laboratory”, and more. Delta also plans to extent this project to other Asian countries such as Thailand and India, hoping to cultivate and find more talents for the “Automation for a Changing World.”

About Delta Industrial Automation

As a world-class Industrial Automation brand, we are dedicated to the development of AC motor drives, servo and motion control systems, programmable logic controllers, human machine interfaces, machine vision systems, meters and sensors, industrial control and monitoring software, and industrial robots.

Our Industrial Automation solutions extend to a broad range of industry applications, including electronics, textiles, food, pharmacy, rubber and plastics, packaging, printing, woodworking, and machine tools. We integrate our automation products, equipment networking, system software, IoT technology, and big data analysis to build innovative and reliable smart, green factory automation solutions for global customers, and to realize our promise of “Automation for a Changing World”.

For more information, please visit: www.deltaelectronicsindia.com

About Delta

Delta, founded in 1971, is a global leader in power and thermal management solutions and a major player in several product segments such as industrial automation, displays, and networking. Its mission statement, “To provide innovative, clean and energy-efficient solutions for a better tomorrow,” focuses on addressing key environmental issues such as global climate change. As an energy-saving solutions provider with core competencies in power electronics and innovative research and development, Delta’s business categories include Power Electronics, Automation, and Infrastructure. Delta has 163 sales offices, 64 R&D centers and 39 manufacturing facilities worldwide.

Throughout its history, Delta has received many global awards and recognition for its business achievements, innovative technologies and dedication to corporate social responsibility. Since 2011, Delta has been selected as a member of the Dow Jones Sustainability™ World Index (DJSI World) for 6 consecutive years. In 2016, Delta was selected out of 5,800 large companies by CDP (formerly the Carbon Disclosure Project) for its Climate Change Leadership Level.

For detailed information about Delta, please visit: www.deltaww.com

Xposure to Manage the Media Business for Ralson Tyres

Ralson Tyres has assigned the media duties of its business to Xposure. The selection was made after a rigorous process of media pitching that saw industry’s top media agencies vying for the account. The pitch process covered both the planning and buying aspects of the business and the mandate is effective immediately.

Mr. Yogeshwar, Advertising Head of Ralco, had this to say on the pitch. “Our brief on the account was very simple – growth of challenger brand Ralco vis-à-vis the biggies of the industry. In our assessment, Xposure was the only agency to offer a strategic perspective on the same. While buying was important to us, the strategic perspective provided by Xposure to media planning had a value which outweighed all other considerations. We believe that in Xposure we have found not only an experienced media partner but a strategic thinker on brand building also.”

Rajul Kulshreshtha, co-founder of Xposure, considers Ralco to be the biggest challenge for Xposure. “Not only do we have to counter the huge SOV of mega brands but also have to build the brand from image perspective.”

Sundeep Sharma, co-founder of Xposure, finds this a true challenge from the buying side of things as well. “We are committed to delivering a huge VFM for the brand which will not only ensure visibility but also create a sharp differentiation from the current benchmarks in this industry.”

About Ralson Tyres

Ralson and Ralco together support the industry with an astounding +1 Lac bicycle tyres a day. Add to this figure another 1.2 Lac tubes produced daily and it becomes clear why Ralson and Ralco are the OEM manufacturers’ No.1 partners of choice. Company’s capacity to produce high-quality products is at par with the world’s best, making them one of the few companies in the world with the highest per day production rate. The company’s mega factory based in Ludhiana is spread over 46 acres and employs a workforce of over 4000 skilled and semi-skilled professionals. With a total turnover of over Rs.800 crores, Ralson continues to surge ahead in the domestic and overseas markets by consistently delivering innovative products, unparalleled quality and value for money to its millions of loyal customers, tapping the full potential of the booming global market and the promising domestic scenario.

About Xposure

Xposure was set up in 2013 by Rajul Kulshreshtha, former country head of Kinetic Worldwide India, an out-of-home agency, fully owned by WPP Group along with Sundeep Sharma, former, country head, Motivator, a GroupM company. Currently, the agency claims to have nine to ten clients, of which the majority are startups and online businesses. For instance, dating app TrulyMadly, online travel site Ibibo, and car aggregator Cardekho.com, in addition to mobile wallet company MobiKwik are on its roster. The agency also manages media buying and planning for mobile handset manufacturer Gionee, owned by Syntech Technology Pvt. Ltd., apart from Matrix Cellular (International) Services Ltd.

Wipro Recognized with Elevate Texas Award

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company was recognized with the “Elevate Texas” award by the Texas Economic Development Corporation, the organization that markets the state as one of the world’s top locations for business.

The statewide award recognizes communities, organizations and companies that are making a tremendous contribution to Texas’ economy, whether through jobs and investment, infrastructure and workforce development or other initiatives, which help to drive growth in the Lone Star State.

“Wipro is truly a global leader in the IT services industry and a major force in economic development in the State of Texas,” said Sanjiv Yajnik, Chairman of the Board of Texas Economic Development Corporation and President of Financial Services at Capital One. “Azim Premji, Chairman of Wipro Limited, and Abid Neemuchwala, CEO of Wipro Limited, have been active supporters of Texas. We are grateful for their partnership with the Texas Economic Development Corporation and their commitment to growing in our state.”

Yajnik, together with Robert Allen, President and CEO of Texas Economic Development Corporation, applauded Wipro for its investment in Texas, particularly when it comes to the future of Texas’ workforce. In March 2017, the company expanded the Wipro Science Education Fellowship (SEF) program to Texas, in collaboration with the University of North Texas at Dallas. Through the SEF program, Wipro has pledged $1.1 million to train K-12 educators for excellence in STEM disciplines, to help enhance student learning in Greater Dallas-Fort Worth area public schools.

In addition to working with educators, Wipro is collaborating with First Book, a nationwide non-profit organization with the goal to supply books to low-income schools and underprivileged students across the country. Recently, the company held a joint event with First Book where Wipro volunteers collected over 43,000 books for Dallas area schools and children.

The company, which currently employs 1,200 in Texas, with major operations in Dallas and Houston, plans to inaugurate a new 35,500 sq. ft. advanced technology center in Plano in September. As part of its effort to attract and recruit leading next generation talent, Wipro has forged strong and lasting relationships with local universities. Wipro recruits students from The University of Texas at Austin (UT Austin), University of Texas at Dallas (UT Dallas), University of Houston, Rice University, University of North Texas (UNT) and other colleges for its delivery center in Dallas. Wipro has already recruited nearly 100 recent graduates from Texas academic institutions in 2017, with additional campus hiring planned throughout August.

“I am honored to accept the Elevate Texas award,” said Abidali Z. Neemuchwala, Chief Executive Officer and Executive Director, Wipro Limited. “As a company with a significant presence in Texas and deep relationship with the local community, we applaud the Lone Star State’s support of the technology sector and its commitment to improving STEM education. Wipro is proud to do business in Texas and contribute to the state’s economic growth. We are committed to fostering knowledge and skills in the fields of science and technology to create a better future for all.”

During the past decade, Wipro has invested over USD 2 billion in the United States. Wipro has over 40 facilities across 23 states in the U.S. The company has been focused on creating jobs in the U.S. underscoring its strategy to build a deep reservoir of local talent based out of centers close to its clients. Wipro employs over 14,000 in the U.S., a majority of whom are U.S. locals.

About Texas Economic Development Corporation 

Texas Economic Development Corporation is an independently funded and operated 501(c) (3) nonprofit organization, whose mission is dedicated to economic development, business recruitment and job creation in the State of Texas. The public-private partnership coordinates efforts with the Office of the Governor to market Texas globally as a premier business destination. For more information about Texas Economic Development Corporation, visit www.texaswideopenforbusiness.com.

About Wipro Limited 

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 160,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.

Forward-looking and Cautionary Statements

Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

Strengthening Aircraft Maintenance Engineer Skills and Employability

Ministry of Civil Aviation has been focusing on skills planning and development in conjunction with public and private enterprises, and skilling bodies such as the National Skill Development Corporation (NSDC), Rajiv Gandhi National Aviation University (RGNAU), and Aerospace & Aviation Sector Skill Council (AASSC), with a view to deliver the best growth outcomes for the civil aviation sector.

IMaCS’s Comprehensive Skill Gap Report submitted to the Ministry highlights that 72,900 technicians and AMEs will be required by the industry by 2035. DGCA data indicates that 3,644 Basic Licenses and only 159 type rated AME licenses were issued in the last 5 years. The Ministry is launching four inter-related initiatives:

(1) Upgrade Training Infrastructure: DGCA is in the process of improving standards for recognition of AME training institutes in order to enhance the quality of training being imparted in these institutes.
(2) Facilitate Degrees for AMEs: RGNAU is planning to provide affiliation of AME training institutes and other colleges for awarding a graduate degree in Aircraft Maintenance Engineering. The University is also considering starting conversion courses for students who have completed course from AME training institutes to enable them to become graduates.
(3) Establish system for skill development: An interactive portal for registration, tracking, monitoring, and disseminating information for AMEs is being established. It would serve as a common platform for all stakeholders in building AME skills and employability, i.e. students, establishments, academia, training institutes, and regulatory agencies, to register, track and monitor implementation.
(4) Standardize AME Apprenticeship

(i) The Ministry in partnership with the airlines and MRO organizations has launched a one-year Standard AME Apprenticeship Program. Its hallmark is standardization, streamlining and transparency of the process for selection right through training and induction of AMEs by prospective employers. Students, passing out from DGCA-approved AME Training Institutes, who have also passed the exams for Papers 1 and 2 (or equivalent Modules) conducted by DGCA would be eligible to apply for this Apprenticeship. From the merit list of all registered candidates generated on the AME Portal, final selection for Apprenticeship would include assessments/interviews by potential employers who are also registered on the portal with pre-announced vacancies.Selected candidates would be trained academically with a substantial component of field experience using Standard Training Modules for Fixed Wing, Helicopters and Avionics Streamspreparedby the aviation industry and DGCA.Employers would pay a minimum stipend of Rs. 3,542 per month (as may be revised from time to time by the Apprenticeship Act, 1961), or higher as per the company’s policy. A Certificate of Competence, which is also recognized as a Certificate of Experience of one-year by DGCA, would be issued by the establishment concerned to every successful Apprentice.

(ii) AIESL & Boeing AME Accelerated Apprenticeship Program: Considering the importance of skilled AMEs in a fast-growing aviation market like India, Boeing has taken the initiative to support Air India Engineering Services Ltd. (AIESL) in developing the AME Accelerated Apprenticeship Program. The key objectives of the Program are to improve the employability of AMEsthrough training and hands-on experience with actual aircraft. Students passing out from DGCA-approved AME institutes will be eligible to apply to the program. To be admitted, applicants must first perform well on an entrance examination. The AME Accelerated Apprenticeship Program will consist of one year of theory and practical learning in a smart-classroom environment, including select CAR66 Modules. Apprentices will also receive advanced training aids to help strengthen the theoretical concepts learned in the classroom. These will be supplemented by performing specific tasks on Boeing aircraft.

The first class will commence at the AIESL Mumbai facility in November 2017. At the end of the Program, successful candidates will receive a certificate from AIESL. They will also receive coaching on job interview skills to prepare them to find a job. Additional details about the Program, such as scope, fees, and entrance examination, will be available soon.

Speaking at the launch, Shri P. Ashok Gajapathi Raju, Honorable Minister of Civil Aviation said, “Skilled manpower is essential to the growth of India’s aviation sector. Ministry of Civil Aviation is improving the skill ecosystem through Standard Apprenticeship for Aircraft Maintenance Engineers prepared after active participation from industry in order to ensure steady supply of trained and industry-ready AMEs.”

Shri. Jayant Sinha, Honorable Minister of State for Civil Aviation remarked, MoCA is committed to increasing the skills and employability of young men and women who join the booming aviation industryWith our detailed four-pronged approach to skill development for Aircraft Maintenance Engineers (AMEs), we are significantly upgrading their ability to hone their skills and find employment. Our learnings from this initiative will help us in expanding the scope to other trades and skills in aviation sector.”

Marc Allen, President of Boeing International said, “We are delighted to partner with Air India and the Ministry of Civil Aviation to support aircraft maintenance skilling initiatives through the Accelerated AME Apprenticeship Program.We congratulate the Ministry of Civil Aviation and Air India for their vision and leadership, in taking proactive steps to develop a skilled aviation workforce anticipating the demand for new aircraft in the near future.” He added, “Considering employability is often related to the quality of skills, we are happy to help Air India with their endeavour to enhance the skills of students aspiring to join this fast-growing industry.”

Epitome of Sportiness and Driving Pleasure: BMW Launches the New BMW 320d Edition Sport in India

The new BMW 320d Edition Sport was launched today in India. With its outstanding sporting characteristics and design, the BMW 320d Edition Sport amplifies the sporty and dynamic character of the BMW 3 Series.

The new BMW 320d Edition Sport is locally produced at BMW Plant Chennai and can be ordered from BMW dealerships from today onwards.

Mr.Vikram Pawah, President, BMW Group India said, “With the launch of the new BMW 320d Edition Sport, we go a step further in presenting a well-balanced portfolio of the BMW 3 Series. The latest generation BMW TwinPower Turbo diesel engine of the BMW 320d Edition Sport gives a thrilling power delivery and excellent responsiveness which guarantees sheer driving pleasure on the road. Agility and driving dynamics remain the outstanding disciplines of the new BMW 3 Series. The new BMW 320d Edition Sport will build an emotionally rich connection between a sporting driving experience and unbeatable everyday practicality.”

The ex-showroom prices for the new BMW 320d Edition Sport are as follows –

BMW 320d Edition Sport : INR 38, 60, 000

*Price prevailing at the time of invoicing will be applicable. Delivery will be made on ex-showroom. Ex-showroom price (inclusive of GST (incl compensation cess) @ 43% as applicable in New Delhi but excludes Road Tax, RTO statutory taxes/fees, other local tax/cess levies and insurance. Prices and options are subject to change without prior notice. For further information, please contact your local Authorized BMW Dealer.

The new BMW 320d Edition Sport is available in Alpine White as non-metallic color and Black Sapphire and Mediterranean Blue as metallic color.

The range of fine upholstery combinations in Edition Sport include Sensatec Black/Red highlight | Black and Sensatec Veneto Beige | Veneto Beige.

The new BMW 320d Edition Sport sets clear visual accents. Its striking design features in high-gloss black at front and rear reinforce its sporty look. The boldly designed kidney grille slats in high-gloss black produce an especially athletic effect for the front end. In the interior, contrasts between black and red with sports seats express the typical BMW athleticism: sporting chrome scaling at console, red contrast stitching on the sport steering wheel and gear shift paddles. In typical BMW style, the cockpit is angled towards the driver to put all controls within reach and facilitate intuitive driving. The electric glass sunroof brings in a sense of well-being and the 205 Watt, 9 speaker Hi-Fi loudspeaker system offers highest quality of entertainment for the passengers. As a distinctive feature of the Edition Sport, the vehicle key is designed in red decorative trim.

The latest generation BMW TwinPower Turbo diesel engine features remarkably agile power delivery and excellent responsiveness, even at low engine speeds. The 4-cylinder diesel engine in the BMW 3 Series boast high dynamics and guarantee the highest possible efficiency – for maximum performance with lower fuel consumption. It produces an output of 140 kW / 190 hp and a maximum torque of 400 Nm at 1750 – 2,500 rpm. The BMW 320d Edition Sport accelerates from 0 -100 km/hr in just 7.2 seconds to a top speed of 250 km/hr. The new BMW 320d Edition Sport gives impressive efficiency of 22.69 kmpl on average, equating to CO2 emissions of 116.62 g/km.

The eight-speed Steptronic Sport automatic transmission performs smooth, almost imperceptible gear shifts. For even greater driving pleasure, the eight-speed Steptronic transmission is available with steering wheel paddle shifters. At any time, in any gear, the transmission collaborates perfectly with the engine, enabling it to develop its full power and efficiency. Furthermore, the BMW 320d Edition Sport comes with a Launch Control function as standard. This easy-to-operate system paves the way for ambitious drivers to achieve optimum acceleration under all conditions.

The new BMW 320d Edition Sport provides unparalleled performance coupled with cutting-edge safety technologies. BMW’s exemplary safety provides optimal support in any situation with six air bags, Anti-Lock Braking System (ABS) with brake assist, Dynamic Stability Control (DSC) including Dynamic Traction Control (DTC), Cornering Brake Control (CBC), Side-impact Protection, ISOFIX child seat mounting, Runflat tyres (RFT) with reinforced sidewalls, emergency spare wheel, electronic vehicle immobiliser and crash sensor.

EfficientDynamics doubles the Sheer Driving Pleasure of the new BMW 3 Series with features such as Auto Start-Stop, ECO PRO mode, Brake-Energy Regeneration, Intelligent Lightweight Construction, Electronic Power Steering, 50:50 Weight Distribution and many other innovative technologies. Using the Driving Experience Control switch, the driver is able to choose between different driving modes to suit the driving conditions. (Comfort, ECO PRO, Sport, Sport+)

BMW has been setting the standard for connectivity between human, car and the outside world for many years now. The new BMW 320d Edition Sport comes standard with BMW ConnectedDrive features such as iDrive controller and a 16.5 cms colour display with CD drive, BMW Apps, Connectivity through Bluetooth and USB/AUX IN connectivity, Rear View Camera along with Park Distance Control (PDC) Rear.

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India’s No.1 Automation Expo Attracts Record Participation for 12th Edition

Automation Expo 2017, India’s biggest and South East Asia’s 2nd biggest Automation show has attracted a record number of exhibitors with over 900 companies from over two dozen countries represented at the event. The 12th edition of the show will be held from 09 to 12th August, 2017, at Hall No.1, Bombay Exhibition Centre, in Mumbai. The exhibition, spread across an area of 23,000 sq.mtr, will have on display a vast array of products and innovations from global leaders in the field of Industrial Automation, now entering the era of Industrial Internet of Things (IIoT). The show is supported by the Department of Science & Technology, Govt of India, and a host of other professional bodies.

The mega Automation Show will be inaugurated by Mr. B. Narayan, Group President (Procurement & Projects), Reliance Industries Ltd, at a Grand Opening Ceremony in the presence of an august gathering of industry stalwarts and automation professionals.

The four-day extravaganza will witness on display state-of-the-art products and cutting edge technologies from the field of Process Automation & Control Systems, Factory Automation, Industrial Automation, Field Instrumentation, Smart Sensors & Controllers, Robotics & Machine Automation, Motors & Drives, Software Solutions, Bus Technologies, Wireless Technologies, Building Automation, Automation in Hydraulics & Pneumatics, Automation in Renewable Energy and Safety & Security Systems, etc.

Since inception fifteen years ago, Automation Expo has consistently evolved as a top-of-the-class platform to showcase the world’s best automation technologies at a single venue. The exhibition brings together the Who’s Who of the industry, decision makers, technocrats, and technology enthusiasts. Here professionals like fund managers and venture capitalists mingle with technology providers in one-to-one meetings seeking investment opportunities and explore mergers & acquisitions (M&A) possibilities to create sustainable business models for the future. Mr. M. Arokiaswamy, Managing Director, IED Communications Ltd, the brain behind this mega exhibition says, “Automation is no longer an emerging trend or a cutting edge technology for the future. It is the reality we need to live with, here and now. Today there is a pressing need for every industry in India to embrace automation to take on global competition.

The 12th edition of the show is expected to get more than 50,000 visitors from various OEMs and industries such as Oil & Gas, Automobiles, Pharmaceuticals, Food Processing, Fertilizers and Chemicals, Cement, Glass, Electrical and Electronics, and other automation technology users and solutions providers. With more than 900 top automation manufacturers and solution providers already gearing up to showcase their technology prowess at the mega event, the upcoming show is surely going to set a benchmark in the history of the Indian Automation Industry.

Automation Expo 2017 will also host concurrent events:

  • CEO Summit on Innovation and R&D – 9th August
  • Conference on Automation in Pharma – 9th August
  • Conference on Industrial Internet of things – 10th August
  • Machine Safety Interactive Session – 10th August
  • Conference on Cyber Security – 11th August
  • Workshop on SIL and Functional Safety – 12th August

The Industrial Automation Market

Transparency Market Research (TMR) observes that the global industrial automation market is highly fragmented due to the presence of several players in the field. The top four players with a strong foothold in the global market hold just under 15% of the market share, which indicates the extent of fragmentation. However, there is some consolidation happening gradually as indicated by the acquisition of MYNAH Technologies by Emerson, Rockwell Automation’s acquisition of Maverick Technologies and ABB’s acquisition of Bernecker & Rainer (B&R).

According to the TMR report, the global industrial automation market is anticipated to reach a valuation of US$352.02 bn by the end of 2024 from US$182.64 bn in 2015. Between the forecast years of 2016 and 2024, the global market is expected to expand at a CAGR of 6.6%. “Developing new technologies that deliver commercial excellence, functional transformation will be the key focus areas of these companies,” states the lead author of this research report.

The Indian Industrial Automation Industry is expected to reach INR 197 billion by 2020 with growth driven by rapid adoption of modern technology backed by cost saving features, says Ken Research, a global aggregator and publisher of market intelligence research reports, equity reports, data base directories and economy reports.

The Factory Automation market has been the fastest emerging segment in the industrial automation market in India. Automotive industry has been an integral part of the factory automation since the inception of automation practices, thanks to assembly line mass production which includes welding, cleaning, joining solutions, engine assembly.

The demand of Process Automation products has been primarily driven by pharmaceutical sector, largely due to the huge demand of medicines and other pharmaceutical products. The process automation market in India has been largely dominated by pressure transmitters.

Email: jyothi@iedcommunications.comwww.automationindiaexpo.com

Wipro Partners with and Invests in Tricentis to Deliver End-to-End Hyper Automation across Quality Lifecycle

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company and Tricentis, a software testing company and a thought leader in the automated testing space, today, announced a partnership for Quality Engineering.

This partnership with Tricentis will strengthen Wipro’s Quality Engineering and Testing Services capabilities, by integrating Tricentis Tosca, a continuous testing platform, with Wipro AssureNXT, a managed services QA platform combined with the capabilities of Wipro HOLMES Artificial Intelligence PlatformTM as a part of the broader automaton ecosystem.

The Wipro – Tricentis partnership will enable clients to successfully achieve their business outcomes in today’s digital landscape by enabling continuous integration, delivery and in turn, DevOps. The joint offering will also help improve time-to-market and quality by augmenting end-to-end automation across the software testing lifecycle.

“We believe that clients will see this partnership as a game changer as the two prominent leaders in the industry get together to create a truly disruptive proposition for continuous testing. It will help them drive speed in their business while bringing effectiveness and experience to their automation journey, through the powerful combination of Wipro AssureNXT, Wipro HOLMES and Tricentis Tosca,” said Hiral Chandrana, Senior Vice President, Business Application Services, Wipro Limited.

“As organizations increasingly adopt transformation initiatives, such as DevOps, the reliance on legacy testing tools and approaches are holding organizations back, throttling the speed of innovation,” said Sandeep Johri, CEO of Tricentis. “Software development has evolved dramatically in the shift from waterfall processes to Continuous Delivery pipelines. Software testing must also change in order to control business risks in a faster, more flexible manner.”

Along with the partnership agreement, Wipro Ventures, the strategic investment arm of Wipro Limited, has made an investment in Tricentis, as part of their most recent funding round.

About Wipro Limited

Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global information technology, consulting and business process services company. We harness the power of cognitive computing, hyper-automation, robotics, cloud, analytics and emerging technologies to help our clients adapt to the digital world and make them successful. A company recognized globally for its comprehensive portfolio of services, strong commitment to sustainability and good corporate citizenship, we have over 160,000 dedicated employees serving clients across six continents. Together, we discover ideas and connect the dots to build a better and a bold new future.

Forward-looking and Cautionary Statements

Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.

IndiaFilings to Launch Desktop Based LEDGERS GST Accounting Software

Goods and Service Tax (GST) regime has started in India from 1st July 2017 impacting nearly 1 crore businesses across India. Though GST is a consumption based tax borne by the end-consumers, businesses are tasked with the responsibilities of payment, collection and remittance of GST to the Government. Businesses both large and small have had to take steps to obtain GST registration, create GST compliant invoice formats, upgrade or introduce GST accounting software and map all goods/services to HSN/SAC code and update GST rates in billing systems.

GST return filing is expected to commence from September 2017. Businesses registered as regular taxpayers would have to file 3 monthly GST returns, namely GSTR-1, GSTR-2 and GSTR-3. GST return filing can be completed online and the Government has made provisions for GST Suvidha Providers to help businesses with their GST return filing.

Cloud-based LEDGERS GST Software 

To help businesses with their GST compliance, the cloud-based LEDGERS GST Accounting Software was introduced by IndiaFilings.com on 1st July 2017. Since its release, the company has signed on over a thousand users for its GST software and GST services.

LEDGERS accounting software not only helps a business file its GST returns but also has features to help businesses create invoices, record expenses, track input tax credit and manage all aspects of GST compliance. The cloud based platform is linked with the GST Network and GST return filing can be done seamlessly based on the invoices generated or uploaded on the platform.

Launch of Desktop Version

Following the launch of the cloud-based version, IndiaFilings today announced the desktop version of LEDGERS GST Software. The desktop version will be able to function without an internet connection with data being stored on the hard-drive of a computer, on-premises of the business. If the business would like to file GST return, then a one-time connection to the internet would be required during the time of filing GST return.

Talking about the launch of the desktop version, Lionel Charles, CEO of IndiaFilings.com and LEDGERS said “The most requested feature amongst a majority of users of cloud-based LEDGERS software was the introduction of a desktop version wherein data is stored on-premises. We have always believed in solving our customer’s pain-point without making major changes to their usage habits. Further, India is a growing country wherein in tier-2 and tier-3 cities, internet connectivity is still a challenge for small businesses. So, there is a very large market for offline GST software and we wish to provide these SMEs with a software to easily manage their GST compliance.

About LEDGERS GST Software

LEDGERS is an accounting software from IndiaFilings.com designed to help businesses with their accounting and GST compliance requirements. LEDGERS is designed to be simple and intuitive – keeping in mind the requirements of small and medium sized businesses in India. You can use the free version of LEDGERS GST Software to easily create estimates, issue invoices and manage customers. Paid versions of LEDGERS has additional features that would allow a business to completely maintain all aspects of accounting on the software like customer management, supplier management, expense tracking, GST input tax credit management, GST return filing and more. Know more about LEDGERS GST Software.

LEDGERS is a product of IndiaFilings.com. IndiaFilings is India’s online platform offering a range of services like company registrations, Trademark filing, GST registration, GST filing and income tax filing services. IndiaFilings has helped thousands of Entrepreneurs and individuals with quality and reliable business services online at an affordable price point. For more information, please visit IndiaFilings.