Business Daily from THE HINDU group of publications
Friday, Nov 02, 2007
ePaper | Mobile/PDA Version


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Industry & Economy - Automobiles
States - Tamil Nadu
IIT Madras, Bombay tie up with auto cos for low-cost robots


Division of work

IIT Madras would set up a centre of excellence for calibration and validation of robots.

IIT Bombay would carry out modelling, simulation, control algorithms and validation of robots.

Systemantics and Magtorq will manufacture 10 low-cost robots.


Our Bureau

Chennai, Nov 1 IIT Madras and IIT Bombay have entered into an agreement with a consortium of automobile companies to design, development and manufacture of low-cost robots that can be deployed on the shop floor.

The consortium includes vehicle manufacturers: TVS Motor Company and Mahindra and Mahindra; component manufacturers: TVS-Lucas, Sona Koyo and MICO; and robots manufacturer Systemantics Ltd and manufacturer of light weight speed reducers Magtorq Ltd.

The Rs 5.56-crore project will largely be funded through grants from the Department of Science and Technology, with Rs 52.5 lakh being the industry contribution. IIT Madras would set up a centre of excellence for calibration and validation of robots that will focus on design and development of low-cost flexible automation systems through simulation and calibration support. IIT Bombay would carry out modelling, simulation, control algorithms and validation of robots. Systemantics and Magtorq will manufacture 10 low cost robots and two each would be supplied to TVS Motor and the four other companies in the consortium to identify applications and test them on the shop floor.

Phase I

The first phase of this project is expected to be completed in a year. Systemantics and Magtorq can then commercially manufacture these robots. It is understood that robots developed through this project would cost between Rs 3 lakh and Rs 8 lakh, as compared to imported robots now in use in the industry costing Rs 8–20 lakh.

Talking to Business Line on the sidelines of this tie up, Prof M.S. Ananth, Director, IIT Madras shared details of the upcoming research park. The first phase of the IIT Madras research park is likely to be completed by July 2008. The institution has started constructing the first building, a multi-storey tower, he said. Three such towers, each of about 1 lakh sq ft built up area, are planned.

Prof Ananth said that 37 companies have expressed interest in taking up space in the research park. The institute would look at signing up agreements with companies once construction of the first tower is complete. “We expect companies from automobile, information technology, telecom and bio technology to take up space at the park. Eventually manufacturing companies would also show interest,” he said.

Over 5,000 research persons would be deployed in the research park once all three towers are completed, Prof Ananth said.

More Stories on : Automobiles | Education | Research & Development | Tamil Nadu

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Railways: Better deal for travelling public


SBH reduces NRE interest rates
IIT Madras, Bombay tie up with auto cos for low-cost robots
Vizag Steel objects to bid to recover sales tax from bank accounts
Turbo-charging India’s economic engine
Sept exports rise 4.31% in Re terms; imports down
GoM on fertilisers meeting today to discuss new investment policy
Hoping for smooth airport transition
Non-compete clause mooted for fixed period in public-pvt bids
CWC pays Rs 10.10-cr dividend
Crude triggers profit booking on markets
Oil India, HPCL may jointly bid for exploration licensing
NELP VII launch postponed to Dec
Maditssia seeks additional train
‘Take right decision at right time’
FMCG stocks slump following Hind Unilever weak numbers
Chak De as management lesson
Anoo's in pact with JNTU
Training in diamond grading
VUDA auctions fetch Rs. 356.6 cr
AP traders oppose quarterly sales statements under VAT
Pressmart bags US paper deal
Working towards dispute resolution at village-level
Time to improve skill sets of the young, says Kamath
AP sets up body for trade promo
Kerala should be a knowledge hub, says President
Kerala plans mega shopping fest in December
Let the celebrations begin…
‘Telugu Talli’
Hall of fame
Cabinet will consider further relief for exporters: Kamal Nath
Floor price for non-basmati exports notified


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2007, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line