IIT Jodhpur, Rajasthan govt for joint venture on AIoT system, tech development

Artificial Intelligence of Things (AIoT) systems will be designed, developed, prototyped, tested and produced at the Technology Park of IIT Jodhpur as a part of the agreement, which was signed in February 2022. 

The Indian Institute of Technology (IIT) Jodhpur has signed a Memorandum of Understanding (MoU) with the Jodhpur City Knowledge and Innovation Foundation (JCKIF) and RajCOMP Info Services Limited (RISL), a Government of Rajasthan undertaking, to establish a joint venture on Artificial Intelligence of Things (AIoT) System and Technology Development.  

AIoT systems will be designed, developed, prototyped, tested and produced at the Technology Park of IIT Jodhpur as a part of the agreement, which was signed in February 2022. 

The joint venture agreement was signed by IIT Jodhpur Director Prof Santanu Chaudhury, Jodhpur City Knowledge and Innovation Foundation chief executive officer GS Toteja and managing director of RajComp Info Services Ltd Sandesh Nayak. 

The proposed ecosystem will facilitate the creation of AIoT technologies by start-ups, MSME, faculty and students in a wide range of applications, including Industry 4.0, water, healthcare, agriculture, transportation, infrastructure, energy, environment, surveillance and security. 

The IIT Jodhpur Director said, “AIoT is the new-age technology that is transforming healthcare, agriculture, infrastructure and all industrial domains. The AIOT Innovation Hub at IIT Jodhpur will provide an impetus to the growth of this industry in Rajasthan as well as India. This is aligned with the Semiconductor Mission of the Government of India.” 

For closer industry-government partnership  

A unique feature of the AIoT Innovation Hub at IIT Jodhpur is its use-case-driven and systems-based approach, utilising advances in AI and IoT to design the end system with commercial success as the key performance indicator. The result will be an increase in start-ups and a closer partnership between industry and government. 

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