Michelin, DPIIT Launch AI Startup Challenge to Boost Innovation

Michelin, DPIIT Launch AI Startup Challenge to Boost Innovation

Michelin, one of the global leaders in tyre technology, announced a collaboration with the Department for Promotion of Industry and Internal Trade (DPIIT) to launch India’s first AI Startup Challenge. The initiative aims to propel innovation and entrepreneurship in the country’s manufacturing sector.

The challenge was unveiled in the presence of senior DPIIT officials, including Joint Secretary Sanjiv and Director Sumeet Kumar Jarangal. Dr Ambica Rajagopal, Group Chief Data and AI Officer, and Shantanu Deshpande, Managing Director of Michelin India, represented Michelin. A recorded address by DPIIT Secretary Rajesh Kumar Singh emphasised the programme’s significance.

Rajesh Kumar Singh, Secretary of DPIIT, said, “Michelin and Startup India, through the AI Challenge, invite Indian startups to co-build technical solutions using large language models for business use cases. The Michelin AI Startup Challenge offers opportunities to develop solutions in manufacturing, supply chain, operating software, and infrastructure, leveraging AI and robotics to enhance manufacturing processes, improve product quality, boost safety, and reduce defects. This initiative aims to create sustainable products and expose Indian talent to global contexts and clients. I encourage all DPIIT-recognised startups to apply for the programme and wish them the best.”

Sanjiv, Joint Secretary, DPIIT, highlighted the importance of public-private partnerships and the key role that manufacturing companies like Michelin play in bringing the right resources to help elevate the country’s entrepreneurial ecosystem. He also focused on the department’s commitment to empowering startups to scale their innovations and make a lasting impact on a global scale.

Sumeet Kumar Jarangal, Director, DPIIT, spoke about the importance of AI and the government’s focus on advanced manufacturing and automation. He congratulated the Michelin team for developing a programme completely synergistic with the nation’s vision.

The 12-week challenge, hosted on the Startup India portal, invites applications from leading Indian AI startups. Selected participants will receive mentorship and the opportunity to compete at a demo day in Delhi this September. The top eight finalists will pitch their solutions to a panel of judges from Startup India and Michelin India.

The top three startups will be awarded paid pilot projects with Michelin, valued at up to INR 5,00,000 each. Additionally, they will be eligible for long-term global contracts and incubation support from Michelin leadership. The challenge focuses on fostering AI-powered solutions in manufacturing, supply chain management, operational software, and infrastructure development.

Dr Ambica Rajagopal, Michelin Group Chief Data and AI Officer at Michelin India said, “There has never been a more exciting time for startups in the AI world, and we are delighted to contribute significantly to advancing India’s technology sector. It is a proud moment for us to strengthen our commitment to the AI industry in collaboration with the government’s visionary Startup India initiative.”

 Commenting on this initiative, Shantanu Deshpande, Managing Director, Michelin India, stated, “At Michelin, we are committed to a greener future where sustainability and innovation are at the forefront of our efforts. We eagerly anticipate the participation of Indian startups in the AI challenge as we co-build global solutions together.”

 The initiative will unfold in stages, beginning with outreach and application collection in July. Shortlisted startups will undergo mentorship until September, culminating in a final pitch event.

This 12-week AI Startup Challenge aims to find and support innovative startups in manufacturing. Top winners will receive mentorship, pilot projects, and incubation opportunities. This collaboration aims to bridge the gap between industries and startups, empowering them with AI to become global leaders.

 

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    Lamborghini Huracán STO to run on Bridgestone tyres

    Lamborghini Huracán STO to run on Bridgestone tyres

    Bridgestone will supply tailored-made tyres for Lamborghini’s Huracán STO, which will be launched in 2021.

    Bridgestone ensured the high-performance tyre can maximise the Huracán STO’s traction, handling, control, and extreme overall performance.

    Key to the tyre’s success in maximising the super sports car’s performance is the combination of pattern and cavity design. The Potenza tyres apply an asymmetric tread design for enhanced steering response and cornering stability, and an internal crown structure that distributes footprint pressure evenly when cornering.

    As well as the road-focused, custom-developed Potenza fitment, Bridgestone will also be providing a track-oriented, road-homologated version of the tyre that applies “race” technologies to maximise the vehicle’s track performance, especially in dry conditions.


    Steven De Bock, VP Consumer Replacement and OE at Bridgestone EMIA, said, “It’s been a pleasure for our team to work so closely with Lamborghini for the first time, and on such an exciting project. The Huracán STO is an incredible piece of engineering that deserves a custom tyre that can fulfill its full potential. I can proudly say that Bridgestone has delivered such a high-performance tyre. It has been fantastic for the team to have worked on a project that is at the forefront of technology in so many ways.”

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      Hankook Starts Operations At New Testing Facility In Spain

      Hankook Starts Operations At New Testing Facility In Spain

      Hankook, one of the major global tyre brands, has started testing and development operations at its new ultra modern facility in Spain.

      The testing facility has been set up on the premises of the Applus+ IDIADA Group and can also cater to European premium car manufacturers that have their own demanding tyre tests. The facility is completely automated and will host a 20-member team from the Spanish testing centre, which is affiliated to the Hankook Europe Technical Centre.

      Klaus Krause, Head of European Research and Development Centre, said, "With the further expansion of our testing capacities in Spain, we are reaching the next level together with our local partner Applus+ IDIADA."

      He also added, "We are confident that the newly installed testing facilities in particular will significantly improve our efforts to provide the best tyre testing conditions and services to our employees and customers. In addition, we will also be able to conduct significantly more tests on site." (TT)

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        New Innovative Construction Tyre from ASCENSO

        New Innovative Construction Tyre from ASCENSO

        ASCENSO introduced a construction tyre - BLB 730- which is used for boom lift vehicles used in construction and other industries. It comes with several features that cater to the unique needs of aerial lifting equipment.

        The BLB 730 tyre is available in different sizes to fit various boom lift vehicles. This range of sizes provides versatility and compatibility with different types of aerial lift work platforms.

        ASCENSO's BLB 730 tyre is a significant advancement in specialised equipment for the construction industry. It focuses on load capacity, stability, traction, and durability to improve the performance and safety of boom lift vehicles. Whether working at heights or manoeuvring on tough terrains, this tyre offers reliability and durability for efficient operations,” said the company in a statement.

        The BLB 730 tyre is built to handle heavy loads and stabilise boom lift vehicles. It has solid lugs and a more extended shoulder design, which ensures good traction and prevents slipping during operation. This is important for safely carrying heavy weights at high elevations. ASCENSO has used a special rubber compound in making the BLB 730 tyre, making it durable and long-lasting, resulting in less downtime and more productivity on construction sites.

        To make the tyre even better, the company has optimised its inner volume to reduce tyre fill consumption, reducing the risk of tyre punctures, minimising the need for maintenance, and keep the vehicles running smoothly.

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          Falken Named Official Partner Of Men’s IHF World Handball Championships 2023

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          Falken Tyre Europe is an official IHF Men's World Championship 2023 partner for the upcoming tournament, the company has announced. The tournament is taking place at nine venues in Sweden and Poland from 11-29 January, 2023. Falken Tyre claims that the partnership was organised by the sports marketing agency SPORTFIVE. SPORTFIVE is responsible for exclusive marketing and media rights for all IHF World Championships until 2031.

          Falken Tyre claims that this is its second agreement with the International Handball Federation. In addition to title and logo rights (Official IHF Men's World Championship 2023 Partner), the company has also secured advertising rights, including the Falken logo in each goal and centre circle of the courts, as well as the presence of Falken branding in the official tournament social media communications and print materials. According to Falken Tyre, this is complemented by 30-second video ads that will be shown on the big screens in the nine sports halls before the start of each match and at half-time.

          Sharing his views, Robert Müller von Vultejus, Chief Growth Officer at SPORTFIVE, said, “With Falken, the IHF World Handball Championships have secured a great partner who is positioned with far-reaching influence in the relevant core markets. We are delighted to have been able to bring two global partners together for one of the most exciting sporting events of next year.”

          Markus Bögner, COO and President of Falken Tyre Europe GmbH, explained, “Handball isn’t just of great importance in Europe, but all over the world, which has led us to partake in this top-level tournament once again. The fact that the international tournament is taking place in countries that are among our core markets is another great reason for our involvement. We can also look back on a long partnership with our colleagues at SPORTFIVE, who always offers us excellent opportunities that are an excellent fit for the Falken brand, which stands for enthusiasm, performance and achievement.”

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