Apollo Tyres to open digital innovation centre in Hyderabad

Apollo Tyres Ltd, in partnership with the Telangana Government announced the launch of a Digital Innovation Centre in Hyderabad

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Update:2023-01-17 12:55 IST
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HYDERABAD: Apollo Tyres Ltd, in partnership with the Telangana Government, on Tuesday announced the launch of a Digital Innovation Centre (DIC) in Hyderabad. An MoU was signed after a meeting between the representatives of the company and the Telangana government on the sidelines of the ongoing World Economic Forum (WEF) at Davos. This will be the second Digital Innovation Centre for Apollo Tyres, the first one having been set up in London.

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Speaking on the occasion Telangana IT Minister KTR said, “Telangana has a vibrant innovation ecosystem, with world-class organisations such as T-Hub, We Hub and T-Works enabling innovative ideas. 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.”

On the launch of their second DIC, Neeraj Kanwar, Vice-Chairman and MD, Apollo Tyres Ltd said, “Digitalisation is one of the key pillars for achieving our FY26 vision; setting up of this Digital Innovation Centre, along with the one in London, is part of our digital strategy. I am looking forward to the DIC helping us solve complex business issues and process transformation, resulting in significant financial benefits to the organisation.”

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Jayesh Ranjan, IAS, Principal Secretary for IT and Industries & Commerce, Govt of Telangana, added “Telangana has been a strong proponent of emerging technologies and has implemented several initiatives such as the Blockchain Hub and T-AIM which has put us on the map. The collaboration with T-Hub can lead to great synergies for the Digital Innovation Centre, and I am excited to see the fruits of this partnership.”

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As part of their company’s digital strategy to implement Industry 4.0, the Digital Innovation Centre will use new age technologies like IoT, Cloud Computing, Artificial Intelligence (AI), Machine Learning (ML), Robotic Process Automation (RPA) and BlockChain to help develop and deliver new business models and market leading customer service.

The MoU in this regard was signed by Jayesh Ranjan, Telangana Principal Secretary for IT, Industries and Commerce, and Neeraj Kanwar, Vice-Chairman and MD of Apollo Tyres Ltd, in the presence of IT Minister K T Rama Rao.

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