Ducere Pioneers Smart Shoes for the Blind

Headquartered in India’s southern city of Hyderabad, Ducere TechnologiesLe-chal (Colloquial Hindi: take me along), the world’s first interactive haptic footwear, gives vision to millions of visually challenged across the world to navigate through the sense of touch.

Founded in 2011 by electrical engineers Anirudh Sharma, a graduate of the Massachusetts Institute of Technology, and Krispian Lawrence, a graduate from the University of Michigan, the business has grown to a team of 110 engineers, designers, assembly operators, and sales staff.

Ducere Soles

The product can be synced to a user’s smartphone through bluetooth via the Lechal app that uses Google Maps to provide navigational directions towards the destination through vibrations and sensations. Subsequently, the company decided to expand the user base by innovating further and marketing it as a product anyone could easily use.

Ducere teamed with Hi-Tec Shoes, Europe, for co-branding and supplying insoles for Hi-Tec navigator shoes meant for hiking. It has distributors in India and North America. Its products are also available on Amazon, reports Outlook Business.

 

December 7, 2016   No Comments

India’s Bharat Biotech To Start Phase-1 Trials of Zika Vaccine

After completing pre-clinical studies on its new Zika vaccine candidate Zikavac, Hyderabad, India-based Bharat Biotech announced that the company is now seeking the approval of the government to begin Phase-1 trials where the inactivated vaccine candidate will be tested on 100 people, reports BioSpectrum. Bharat Biotech Research Lab
India has no known cases of the virus so far, but it is widely prevalent in Southeast Asian countries. The company said it’s in touch with the World Health Organization with whom it shares details about the vaccine’s development.

October 16, 2016   No Comments

Datawind Enters the Smartphone Market in India

Mississauga, Canada-based Datawind, a developer of wireless, web-access products and services, announced that it will launch three 4G LTE-capable phones in India in October. The smartphones will be priced between $45 and $75, and will be manufactured in the company’s plants in Amritsar and Hyderabad, reports Mashable. The company has applied for license to become a virtual network operator.

Datawind Smartphones

The cheapest model features 1GB of RAM and 8GB of internal storage. The other two variants feature 2GB of RAM and 16GB of internal storage, and 3GB of RAM and 32GB of internal storage respectively. Datawind plans to offer a data plan featuring unlimited browsing at $1.5. “Moreover, we shall offer internet browsing for one year free of cost on our 4G handset,” Datawind CEO, Suneet Singh Tuli said.

September 27, 2016   No Comments

NCR Expands R&D Facility in India

NCR Corporation, the Duluth, Ga.-based company said it is moving its existing engineering center in Hyderabad to a larger location in the city in early 2017 since it is expanding its operations in India.

NCR Logo

The current facility develops and supports software and services used by global institutions. Some of these are the Interactive Teller ATMs, EMV contactless ATMs cash withdrawals, mobile cash withdrawals, mobile check deposits, EMV-enabled multi-industry payments systems, retail self-checkout lanes, CRM platforms, and cinema and stadium systems management solutions, reports Bizjournals.

“As we continue to build out our innovative, omni-channel architecture, the Hyderabad facility will play an important role as a strategic global center for software development,” Eli Rosner, Senior Vice President and CTO for Software Solutions at NCR Corporation, said in a statement.

September 5, 2016   No Comments

IKEA to Expand Aggressively in India

Sourcing from India for 30 years for its global stores, Swedish home furnishing company, IKEA, plans to double its sourcing from India to 600 million euros by 2020. About 70 percent of the current sourcing is in textiles and rugs.

To be part of the $600 billion Indian retail market, IKEA has pledged to invest over $1.5 billion in India over the next 10 years, reports Shilpa Kannan of BBC.

Ikea Store

The company also plans to launch 25 stores in the next 10 years in India, and it will invest $110 million on its first store in the southern city of Hyderabad that will span over 400,000 sq feet, reports The Hindu. Construction work has begun on a 13 acre plot of land.

IKEA India CEO Juvencio Maeztu told reporters that this will be followed by opening more stores in the cities of Mumbai, Banalore and Delhi NCR. He said the company will open two to three retail stores every year. Ahmedabad, Chennai, Kolkatta, Pune and Surat are the other cities IKEA is looking at. Some major cities may get more than one store, he added.

August 13, 2016   No Comments