Vedanta Spark, MeitY-Nasscom CoE sign pact to drive adoption of emerging technologies

Startup accelerator Vedanta Spark has collaborated with the Ministry of Electronics & IT (MeitY) and NASSCOM’s Centre of Excellence (CoE) – IoT & AI to accelerate the adoption of digital technologies-led innovations in India.

This partnership will explore the potential application of emerging technologies like Artificial Intelligence (AI), Machine Learning (ML), Internet of Things (IoT), and Augmented Reality (AR)/Virtual Reality (VR), among others, across different verticals of Vedanta Group, according to a statement Monday.

The Memorandum of Understanding (MoU) was signed at an event at Nasscom CoE between Amitesh Sinha, Head – Vedanta Spark and Sanjeev Malhotra, CEO, MeitY-Nasscom CoE along with the Nasscom CoE team from Bangalore.

“Vedanta Spark looks forward to bringing in accelerated value delivery across our operations with the key goal being to utilize emerging technology to find solutions that will contribute to long-term environmental, social, and economic sustainability,” said Priya Agarwal Hebbar, Chairperson, Hindustan Zinc Limited & Non-Executive Director, Vedanta Limited.

“The partnership will support the development of cutting-edge technologies that will lead to interesting use cases across the mining, oil and gas sector. Nasscom CoE is actively working towards supporting an innovation ecosystem that includes start-ups, enterprises & academia to take forward the agenda of digitalization and creating the valuable insights that will help the industry and their consumers,” said Sanjeev Malhotra, CEO, MeitY-Nasscom CoE.

Vedanta Group’s Vedanta Spark program has already engaged 80 start-ups for more than 120 projects so far. The NASSCOM CoE drives technology enablement for the innovation requirements of large and mid-size businesses in the fields of healthcare and well-being, process, manufacturing, and others, the statement added.