Siemens inks pact with IISc, CMTI on development of industrial IoT, Industry 4.0-enabled products

Bengaluru: Siemens Limited would support the Indian Institute of Science to establish a digital transformation lab, and Central Manufacturing Technology Institute to set up a smart manufacturing demo and development cell.

The company signed two separate Memorandums of Understanding with IISc and CMTI here.

“The MoUs will focus on development of Industrial Internet of Things and Industry 4.0-enabled products and technologies”, a Siemens release said.