NATIONAL: KARNATAKA: BUSINESS & ECONOMY: Karnataka stands 3rd in country with ₹54,427 cr FDI during 2023-24: CM Siddaramaiah

The Chief Minister was delivering his address on the occasion of 78th Independence Day, after hoisting the national flag at the Manekshaw Parade Ground here.

Chief Minister Siddaramaiah on Thursday said Karnataka stands third in the country by drawing ₹54,427 crore Foreign Direct Investment (FDI) during 2023-24. He said the state government has taken up multidimensional programmes in the areas of industry, agriculture, infrastructure development, and education to accelerate economic growth, besides the implementation of welfare programmes.

The Chief Minister was delivering his address on the occasion of 78th Independence Day, after hoisting the national flag at the Manekshaw Parade Ground here. He noted that MoUs (memorandum of understanding) have been signed with 13 industries, which will bring in investments worth ₹42,915 crore and is expected to create around 22,600 jobs. The government has approved 591 investment projects through single window committees during 2023-24, he said adding this will result in a flow of ₹84,232 crore investment and employment generation for 1,56,986 people.

“During 2023-24, our state stood first in exports, with a value of USD 1,66,545 Million. The growth is 5.20 per cent compared to previous year.” On the Global Investors’ Meet- Invest Karnataka 2025 to be held in 2025, Siddaramaiah said preparations are in full swing and investors are invited by holding roadshows across the country and the world. The state government has drafted the Karnataka Clean Mobility Policy 2024-29 aimed at attracting Rs. 50,000 crore investments within the clean mobility vehicle sector and creating approximately one lakh new jobs, he said.

The policy is now in its final stage of approval. In his speech, the Chief Minister further said a ‘Skill Advisory Committee’ has been established to provide skill training that matches the demand in the IT and BT sectors. “The committee has submitted a detailed plan for courses aligned with industry needs, and steps will be taken to impart these skills.”

Good infrastructure and transportation connectivity are accelerators for economic growth, he said, in this regard, 1,917 KM of state highways, 2,502 KM of district main roads, and 150 bridges will be constructed in the current year. Pointing to the government’s “Brand Bengaluru” initiative, the CM said it is being implemented to transform the state capital into a world-class city.

It is intended to take up long-term infrastructure development plans for the city through innovative Integrated Financial model with at least ₹48,686 crore. “Our government has made a strong resolve to implement the Peripheral Ring Road project in an effort to reduce traffic congestion (in Bengaluru).”

To expedite the implementation of the state’s irrigation projects, Siddaramaiah said a larger budget allocation has been made this time. Under the Yettinahole Project, ₹855.02 crore has been spent so far this year. Regarding floods due to monsoon showers in parts of the state, Siddaramaiah said he has personally visited the flood-hit districts and Ministers have also managed the situation by camping in district headquarters. “I have directed officials to provide relief for the loss of human lives, livestock and damaged houses. It has been decided to allocate houses along with Rs. 1.2 lakh compensation for those lost houses.”

Stressing that maintaining a balance between development and the environment is essential, he said, in this regard, 1,351 villages in 250 Gram Panchayats located in Chikkamagaluru, Dakshina Kannada, Udupi, Uttara Kannada, Kodagu, Shivamogga, and Hassan, within the Western Ghats, have been identified by Geological Survey of India, as prone to landslides.

To prevent landslides in these areas, mitigation measures will be undertaken at a cost of ₹100 crores in collaboration with the Geological Survey of India and the National Institute of Rock Mechanics (NIRM). On human-wildlife conflict, the CM said, to address this effectively, the government has initiated the construction of 120 km of railway barricades since it came to power.

“Additionally, 7 elephant task forces and 2 leopard task forces have been established. Recently, an international conference on preventing human-elephant conflicts was successfully held in Bengaluru,” he said.

source/content: hindustantimes.com (headline edited)

KARNATAKA: SPACE & SATELLITES: Pixxel opens new spacecraft manufacturing facility in Bengaluru

Pixxel has launched three of its satellites – Shakuntala, D2, and Anand – in collaboration with ISRO and Elon Musk’s SpaceX.

Bengaluru-based space data company Pixxel inaugurated its first spacecraft manufacturing facility in Bengaluru on Monday. The new facility holds significance as it targets to launch six satellites this year and 18 more by 2025, further advancing its mission of building a “health monitor” for the planet.

Spread across 30,000 square feet, the facility, at its full capacity, is equipped to handle more than 20 satellites simultaneously that can be turned around within a timeframe of six months, making possible a total of 40 large satellites per year.

The facility was inaugurated by S. Somanath, chairman of the Indian Space Research Organisation (ISRO), who said, “Space sector is something very tough in terms of technology, market penetration, profitability… Coming into the sector and creating an impact is difficult, as it requires determination, resilience, and time. I congratulate Pixxel for having envisioned, created, and sustained the business for the last five years without losing momentum.”

Pixxel has launched three of its satellites – Shakuntala, D2, and Anand – in collaboration with ISRO and Elon Musk’s SpaceX. The Bengaluru startup further plans to launch Firefly, a constellation comprising six high-resolution hyperspectral satellites, in June. This would be followed by the so-called Honeybees constellation, another satellite constellation that will improve image resolution and the wavelength range of Pixxel’s satellites.

“The inauguration of the new facility marks a momentous milestone as Pixxel nears its fifth anniversary since inception. It will bolster our mission to build a health monitor for the planet. By increasing our capacity to build more satellites, we will deliver even more critical data to our customers faster so they can make informed decisions and address the needs of key industries such as agriculture, energy, forestry, and environmental monitoring,” said Awais Ahmed, CEO, Pixxel.

Additionally, Pixxel will also be rolling out its geospatial analytics platform, Aurora, by June 2024. The company’s satellites are used in the environment, agriculture, and mining sectors to detect oil spills, vegetation, and other geographical issues, respectively.

Pixxel has signed a Memorandum of Understanding (MoU) with the Ministry of Agriculture to provide hyperspectral imagery. Pixxel said 98 per cent of its customers are global, including clients such as British Petroleum, Google, and National Reconnaissance Office (NRO).

Talking about customers, Awais said that the total customer base is divided into three divisions as of now – 40 per cent agriculture, 30 per cent resource companies, and 30 per cent government. Pixxel expects 85 per cent of the revenue to be generated from its commercial side and the rest from the government’s side by 2025.

“We expect 15 per cent of the revenue to come from the government’s side in 2025… We expect this to go up to 40 per cent in 2026,” said Ahmed.

Backed by Google and Lightspeed, Pixxel started operations in 2019 and last raised $36 million in a funding round in June 2023.

source/content: business-standard.com (headline edited)

KARNATAKA: TRANSPORT / METRO RECORDS: Bengaluru Metro’s TBM ‘Tunga’ sets new tunnelling record

‘Tunga’ tunnelled 308 meters in July, surpassing the previous record of 273 meters set by ‘Urja’ in May 2022.

The Tunnel Boring Machine (TBM) ‘Tunga’ of Bengaluru Metro has set a new record for tunneling in the city. In July, ‘Tunga’ successfully tunnelled 308 meters, surpassing the previous record of 273 meters set by TBM ‘Urja’ in May 2022.

This achievement marks a significant milestone for Bengaluru Metro, highlighting the project’s progress and the efficiency of the tunneling operations. The record-breaking performance of ‘Tunga’ is expected to expedite the completion of the metro’s underground sections, providing a much-needed boost to the city’s transportation infrastructure.

Meanwhile, in an unrelated event, the city of Manali has been cut off due to heavy rains and landslides, affecting connectivity and causing disruptions. Efforts are underway to restore access and ensure the safety of residents and tourists in the region.

This record-breaking achievement by ‘Tunga’ reflects the advancements in engineering and the dedication of the Bengaluru Metro team, setting a new benchmark for future tunneling projects in the city.

source/content: newindianexpress.com (headline edited)

13th edition of ‘Bengaluru INDIA NANO’ 2024 event: All you need to know

Theme: Nanotechnology for sustainability: Climate, energy, and healthcare.

The 13th edition of ‘Bengaluru INDIA NANO’, the country’s flagship event in the Nanotech sector, will have the theme Nanotechnology for Sustainability: Climate, Energy, and Healthcare.

The three-day event which will take place from August 1st – 3rd, 2024 in Bengaluru is expected to attract 25 sessions, more than 75 speakers, over 700 delegates and 3,500 attendees. The event is being organised by the Department of Science & Technology, Government of Karnataka, Karnataka Science and Technology Promotion Society (KSTePS) and Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR). 

“Sustainability is now an impending necessity. The impacts of climate change are increasingly visible, manifesting in rising temperatures, natural calamities, and widespread displacement. Simultaneously, the world is grappling with severe economic and environmental consequences of energy crises. While industries are striving to develop green and clean energy solutions, these efforts alone may not be sufficient to achieve true sustainability. Health challenges, highlighted by the COVID-19 pandemic, have exposed critical vulnerabilities in healthcare systems globally. This pandemic was neither the first nor will it be the last; thus, our preparedness and resilience are of utmost importance,” observed N. S. Boseraju, Minister of Minor Irrigation and Science & Technology, Government of Karnataka. 

Nanotechnology has the promise to deliver small-sized but high-impact solutions, which can potentially revolutionise our approach to these global issues, he added. 

The event will have speeches and engaging panel discussions by eminent experts from around the globe and the conference will address cutting-edge developments in nanotechnology and its applications in climate, energy, healthcare, electronics and semiconductors. 

Professor Pulickel Ajayan – Chair, Department of Materials Science and NanoEngineering, Rice University, Balajee Sowrirajan – Managing Director, SSIR;  Professor Neetu Singh – Professor & Head, Center of Biomedical Engineering, Indian Institute of Technology Delhi; Professor Dhirendra Katti – Director, Indian Institute of Technology Goa; Professor Nitash Balsara – The Charles W. Tobias professor in Electrochemistry, University of California, Berkeley besides others will be the main speakers at the conference. 

Pre-conference Tutorials will offer in-depth knowledge and hands-on experience in various aspects of nanotechnology, catering to both beginners and seasoned professionals. The Pre-conference Tutorial will delve into topics such as Nano Fabrication and Nano Characterisation, The Poster Showcase at the event is expected to give an opportunity to more than 175 young researchers from academia and research institutions to display their research posters. The exhibition at the event will showcase the latest innovations, products, and technologies from leading companies, research institutions and startups in the field of nanotechnology. More than 50 organisations will also be showcasing their Nanotech products & services. 

It was announced that the event will also witness the bestowing of the  ‘Prof. C.N.R. Rao Bengaluru INDIA NANO Science Award’ for making meaningful contributions to Nanoscience.

Additionally the ‘Bengaluru INDIA NANO Innovation Award’ will be presented for Innovative and Disruptive Technology Development in Nanotech.

There will also be other awards such as the Nano Excellence Award- to the best researchers in the realm of Nanoscience; Best Poster- The Best Students for revolutionary research; and Exhibitor Awards- For the best showcase across various categories during the event. 

There would also be the National Nanotech Quiz which will feature participation of students from across the country. The first 2 rounds of the Quiz will be held digitally while the final showdown will take place in person at the event for the first time. The event will also host an array of programmes such as NanoSparX- a startup pitching initiative, as well as B2B partnering meetings. 

source/content: theweek.in (headline edited)

INTERNATIONAL: KARTATAKA : California based Glean Technologies launches its first India office in Bengaluru

The office will be the centre of operations for India, and will house finance, sales, R&D and business operations functions, Glean said.

California-based enterprise AI platform Glean Technologies on Friday announced the launch of its first office in India, located in Bengaluru.

The office will be the centre of operations for India, and will house finance, sales, R&D and business operations functions, Glean said.

Glean has so far raised over $350 million from top VCs that include General Catalyst, Kleiner Perkins, Sequoia Capital, Lightspeed and others, and is currently valued at $2.2 billion. The platform’s Annual Recurring Revenue (ARR) is growing at 300% y-o-y.

Arvind Jain, founder and CEO at Glean Technologies, said, “Our Bengaluru office will enable us to closely collaborate with Indian enterprises, helping them unlock the full potential of their knowledge through our AI platform. Additionally, this office will serve as a crucial hub for our global operations, driving a significant portion of our international projects.”

Addressing the media, the CEO also shared the vision for AI innovation in India, the capabilities of its platform, and the impact on local industries. He added that this is its biggest investment outside the US. The company plans to triple its headcount to over 450 from the current 150 by next year.

The founder also said the company is actively expanding its customer base in the APAC region, forging partnerships with leading enterprise companies, including a top Southeast Asian commercial bank, the leading ridesharing platform in the region, a global electronics and entertainment company, and a global automotive manufacturer.

source/content: newindianexpress.com (headline edited)

NATIONAL / KARNATAKA: BOEING’s LARGEST : PM Modi inaugurates Boeing’s largest campus outside US in Bengaluru

Boeing’s new campus will also serve as the hub for Indian startups and universities.

While inaugurating the Boeing India Engineering and Technology Centre (BIETC), Prime Minister Narendra Modi said Bengaluru is a city that connects aspirations with innovation and achievement.

“Bengaluru connects India’s technological capability with global demand,” said PM Modi in Bengaluru.

This is Boeing’s largest centre outside the US, built with an investment of Rs 1,600 crore which is also Boeing’s largest such investment. Modi also launched Boeing’s Sukanya Program that aims to support the entry of more girl children from across India into the country’s aviation sector. The program will provide opportunities for girls and women from across India to learn critical skills in the science, technology, engineering and math (STEM) fields and train for jobs in the aviation sector.

Boeing’s centre in Bengaluru will house engineering, test, research and technology teams, performing advanced high-quality aerospace engineering works. It includes support in structural and systems design, manufacturing, aircraft testing system development, and digital solutions that drive sustainability in aviation. The centre will also work in areas like Artificial Intelligence, Machine Learning, Internet-of-Things, Cloud Solutions, Model-Based Engineering, and Additive Manufacturing to enhance quality, safety, and productivity.

Boeing’s new campus in Bengaluru will also serve as the hub for Boeing’s work with Indian startups and universities. Currently Boeing has collaborated with seven incubators, including Society for Innovation and Entrepreneurship – IIT Mumbai, Foundation for Innovation and Technology Transfer – IIT Delhi, Innovation and Entrepreneurship Center – IIT Gandhinagar, IIT Madras Incubation Cell, Society for Innovation and Development – IISC Bengaluru, T-Hub Hyderabad, and Technology Business Incubator – KIIT Bhubaneshwar. Together, they host the Boeing University Innovation Leadership and Development program (BUILD) annually in India.

The Boeing’s Sukanya Program was launched in the backdrop that India leads the world with women comprising 15 percent of all pilots, exceeding the global average of 5 percent. The Indian aviation sector is also witnessing a surging demand for pilots. More than a doubling of the current roster of 9,000 pilots will be required. Under this program Boeing is establishing Science, Technology, Engineering, and Mathematics (STEM) Labs in girls’ schools, especially in tier 2 and 3 towns, to expand awareness, knowledge, and exposure to careers in aviation.

With around 150 locations planned, local program managers will engage with as many as 75,000 students through these STEM labs, with the intent of reaching 60 percent of the young girl students. The initiative will support learning through various digital products, including Virtual Procedure Trainer, Virtual Airplane, and Private Pilot License ground school courses. Boeing will also provide scholarships for training, covering aspects such as foundation, jet bridge, type rating, and more.

Besides this Boeing will have full-flight simulator capacity to support the women’s pilot program and collaborate with customers to ensure candidates are airline-ready. These investments – both hard assets, and Competency-based Training and Assessment (CBTA) courseware aim to produce a large pipeline of female pilots entering the airlines annually.

During the inauguration PM Modi was joined by the Governor of Karnataka Thaawar Chand Gehlot, Karnataka Chief Minister Siddaramaiah, Leader of the Opposition – Karnataka Legislative Assembly R. Ashoka and Stephanie Pope Boeing’s Chief Operating Officer, along with other senior Boeing executives. 

source/content: theweek.in (headline edited)

NATIONAL / KARNATAKA: SCIENCE & TECHNOLOGY: IISc designs device to make infrared light visible, with diverse applications in defence and optical communications

Researchers at the Indian Institute of Science (IISc) have fabricated a device to increase or up-convert the frequency of short infrared light to the visible range. This up-conversion of light has diverse applications, especially in defence and optical communications, said IISc.

“The human eye can only see light at certain frequencies (called the visible spectrum), the lowest of which constitutes red light. Infrared light, which we can’t see, has an even lower frequency than red light. IISc researchers have now fabricated a device to increase or up-convert the frequency of short infrared light to the visible range,” IISc said.

2D material used

The institute added that in a first, the IISc team used a 2D material to design what they call a non-linear optical mirror stack to achieve this up-conversion, combined with widefield imaging capability. The stack consists of multilayered gallium selenide fixed to the top of a gold reflective surface, with a silicon dioxide layer sandwiched in between.

It said that traditional infrared imaging uses exotic low-energy bandgap semiconductors or micro-bolometer arrays, which usually pick up heat or absorption signatures from the object being studied.

However, existing infrared sensors are bulky and not very efficient. They are also export-restricted because of their utility in defence. There is, therefore, a critical need to develop indigenous and efficient devices.

The method used by the IISc team involves feeding an input infrared signal along with a pump beam onto the mirror stack. The nonlinear optical properties of the material constituting the stack result in a mixing of the frequencies, leading to an output beam of increased (up-converted) frequency, but with the rest of the properties intact. Using this method, they were able to up-convert infrared light of a wavelength of around 1,550 nm to 622 nm visible light. The output light wave can be detected using traditional silicon-based cameras.

Going forward, the researchers plan to extend their work to up-convert light of longer wavelengths. They are also trying to improve the efficiency of the device by exploring other stack geometries.

Worldwide interest

“There is a lot of interest worldwide in doing infrared imaging without using infrared sensors. Our work could be a game-changer for those applications,” said Varun Raghunathan, associate professor, Department of Electrical Communication Engineering.

source/content: thehindu.com (headline edited)

NATIONAL & KARNATAKA: SPACE: IN-SPACe launches Pre-Incubation Entrepreneurship for youngsters

Applicants should not have received any grants, funding, or monetary support from private or government schemes and all submissions must be original work to qualify.

The Indian National Space Promotion and Authorisation Centre (IN-SPACe) has launched the Pre-Incubation Entrepreneurship (PIE) Development Programme to support and nurture early-stage space startups. The programme aims to cultivate and empower the next generation of space tech innovators, providing them with the tools and guidance necessary to transform their space ambitions.

The 21-month programme will guide aspiring entrepreneurs through a comprehensive journey divided into different phases such as ideation, innovation, and prototype development. The programme will ensure that budding entrepreneurs receive structured support at each critical stage of development.

PIE aims to target students in technical courses or those with a strong interest in space technology, expected to graduate in 2024, or pursuing Master’s or Doctorate programmes and early-stage start-ups focusing on space technologies and aiming to develop entrepreneurial ventures.

Pawan Goenka, Chairman, IN-SPACe, said, “India’s space sector is poised for exponential growth, and young entrepreneurs are crucial to driving this expansion. PIE will provide them with a launch pad, equipping them not only with technical expertise but with the business acumen needed to navigate the complexities of space industry.”

Applicants should not have received any grants, funding, or monetary support from private or government schemes and all submissions must be original work to qualify.

Star-ups registered with the Department for Promotion of Industry and Internal Trade on or after July 1, 2022, are classified as early-stage start-ups.

For more details, visit www.inspace.gov.in

source/content: newindianexpress.com (headline edited)

Alstom bags contract worth 96.2 million euros for Bengaluru Metro’s new signalling system

The contract awarded to the French company covers training of Bengaluru Metro’s personnel and annual maintenance for five years.

Alstom has been awarded a contract to design, manufacture, supply, install, test and commission a fully automated communications-based train control signalling system for the Bengaluru Metro’s upcoming phase 2, Reach 6, 2A and 2B corridors.

The contract worth 96.2 million euros from Bengaluru Metro Rail Corporation (BMRCL) covers training of personnel and annual maintenance for five years, the company announced on Wednesday.

To enhance passenger safety, full-height platform screen doors will be installed at all underground stations on the Reach 6 corridor and the airport-line terminal, and half-height platform screen gates will be installed at one at-grade station in the 2B corridor.

The platform screen doors, to be installed on the metro’s corridors for the first time, could save significant energy by reducing air-conditioning needs and prevent suicide attempts.

This project aims to cater to the three major corridors of the Bengaluru metropolitan region, by linking the critical junction at Silk Board on Outer Ring Road (2A) to Kempegowda International Airport (2B) via KR Puram. Reach 6 will connect Bannerghatta Road to Nagavara with interchanges at MG Road (purple line which links to Whitefield), and yellow line at Jayadeva Hospital and the blue line at Nagavara.

The company will enable driverless operations across the metro’s combined line length of 80.39 km. This is expected to alleviate traffic congestion by minimising travel time by at least 50 per cent and reduce carbon emissions. The company’s rail cybersecurity solution will also address emerging cyber threats.

Alstom will also deploy its predictive maintenance tool, HealthHub, to enable real-time condition-based monitoring of the health of trains, infrastructure and signalling assets using advanced data analytics to predict the remaining useful life. This approach minimises operational downtime, maximises system availability and optimises lifecycle costs.

Alstom’s communications-based train control Urbalis solution will also offer the highest grade of automation, which is commonly known as the “driverless technology”, across 50 stations and three depots. The company’s Urbalis Vision platform will be set up at the integrated operation control centre in Baiyappanahalli. A backup control centre to be set up at Peenya will serve as a command centre to control and monitor all train operations.

source/content: indianexpress.com (headline edited)

KARNATAKA gets five Union ministers. Nirmala Sitharaman, HD Kumaraswamy, Pralhad Joshi, Shobha Karandlaje & V Somanna

Though the saffron party members won from the coastal region, they are all first-time MPs and have not been included in the ministry.

As Karnataka has elected 19 National Democratic Alliance MPs, the highest from South India, it was on Sunday rewarded with five ministerial posts in the Modi 3.0 cabinet. Of the five ministers, including Rajya Sabha member Nirmala Sitharaman, two are women.

Apart from Nirmala, the four other ministers are Pralhad Joshi, JDS state president HD Kumaraswamy, Shobha Karandlaje and V Somanna. While Nirmala, Joshi and Kumaraswamy have cabinet rank, the other two are ministers of state. Interestingly, Kumaraswamy was among the first few MPs to take oath in New Delhi on Sunday evening.

Of the 293 NDA MPs, the state’s contribution of 19 MPs constituted over 6 per cent and the number of ministries too is above that mark, considering that the Modi cabinet has 72 ministers.

Even among these five ministers, the representation to the Old Mysore region is more. Kumaraswamy represents Mandya, Shobha Bangalore North and Somanna Tumkur. Joshi, who has been reinducted, is the only MP from North Karnataka. This could be because of the lacklustre performance of BJP in these parts. Though the saffron party members won from the coastal region, they are all first-time MPs and have not been included in the ministry.

Joshi, who has the Sangh Parivar background and is the fifth time MP, had served as Law and Parliamentary minister in the previous government. Shobha, the first-ever woman MP from Bengaluru, had served as a minister of state.

Somanna, who was with Congress and JDS, joined BJP in 2009 and has stayed with the party since then. After suffering a defeat from two constituencies in the last Assembly polls, he won the parliamentary polls this time from Tumkur. His loyalty to the party has paid off with a ministerial berth.

Kumaraswamy, who is JDS state president, became a chief minister for the first time in 2006, thanks to his party’s alliance with BJP. But as per the power-sharing agreement between the two parties then, he refused to transfer power to BJP’s BS Yediyurappa in 2007, ending the coalition. The fallout was ugly and the two parties had kept their distance since then. But the 2023 Assembly polls were a wake-up call to the regional party as it won mere 19 seats. Fearing a complete meltdown, the party tied up with BJP for the Lok Sabha polls and Kumaraswamy helped BJP get a good number of seats in the Old Mysuru region.

Breaking down the caste equation, two Brahmins (Joshi and Nirmala), two Vokkaligas (Kumaraswamy and Shobha) and one Lingayat (Somanna), have made it to the Modi ministry.

Sources from BJP said that though two Vokkaligas have been given the honour, only Shobha is originally from BJP. Asked why former chief ministers Basavaraj Bommai and Jagadish Shettar were not inducted, they said, “Since both are former CMs, they cannot be made ministers of state.”

source/content: newindianexpress.com (headline edited)