Apollo Tyres Ltd, in partnership with the Telangana Government, has announced the launch of a Digital Innovation Centre in Hyderabad. An MoU has been signed by Jayesh Ranjan, IAS, Principal Secretary for IT and Industries & Commerce, Govt of Telangana and Neeraj Kanwar, Vice Chairman and MD, Apollo Tyres Ltd. The MoU signing and exchange took place after a meeting between the two parties during the World Economic Forum at Davos.
Digital Innovation Centre will use new age technologies like IoT, Cloud Computing, Artificial Intelligence (AI), Machine Learning (ML), Robotic Process Automation (RPA) and Block Chain. The DIC will drive significant efficiency gains and agility in company’s supply chain, as well as help achieve the sustainability goals.
Post the MoU exchange, K T Rama Rao, Hon’ble Minister for IT, Industries and MA&UD, Govt of Telangana, said
“Telangana has a vibrant innovation ecosystem, with world-class organisations such as T-Hub, We Hub and T-Works enabling innovative ideas. Therefore, Telangana and Hyderabad are the perfect choice for Apollo Tyres’ Digital Innovation Centre. The DIC will be a wonderful addition to this ecosystem, and I thank Neeraj Kanwar and Apollo Tyres for choosing Hyderabad as the location for their second DIC.”
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