BANGALORE: Minister for Large and Medium Scale Industries Murgesh Nirani on Friday said the Global Investors Meet (GIM) will be held next year on June 7 and 8 at Bangalore International Exhibition Centre.The event, according to the minister, is expected to attract investment of up to Rs 6 lakh crore.“We had around Rs 5 lakh crore of investment in the last GIM and this will increase now. Investors like Ratan Tata and Warren Buffet are slated to attend,” said the minister. He was speaking on the sidelines of the inauguration of the 26th Indian Engineering Congress in the city.Nirani stated that the government had employed image consultancy firm Ernst and Young to inform foreign investors about the investment opportunities in Karnataka. Referring to the theme of the congress being ‘Towards Prosperous India: Challenges for Engineers’, Nirani said, “The State needs more engineers in the system. Look at N R Narayana Murthy and what he has achieved, his company created jobs for many more engineers all over the world.”The Engineering Congress features stalls by the DRDO and the Indian Army along with prominent educational institutions and other organisations.It will also be holding 15 colloquiums in the areas of aerospace, agriculture, environment, textiles and production.The Congress will also have many prominent people from the engineering field present papers and lectures and the first day saw Dr Arcot Ramachandran, Chairman, The Energy Research Institute, deliver M Visvesvaraya Memorial Lecture.B G Basavaiah, V J Sundaram and Vittal Das were felicitated with the Honorary Life Fellowship of the Institution of Engineers as well as various awards were given for achievements in various in engineering sectors WATCH OUT FOR MAVs NOWAircraft worth millions of dollars have been reduced to mere piles of iron due to frequent bird-hit incidents. But there could be some respite for the same, as the Bird Strike Research Group of India, along with other knowledge partners, is coming out with Micro Air Vehicles (MAV) to reduce the occurrence of this encounter.The National Design and Research Forum (NDRF), with DRDO, has undertaken a Rs 100 crore National Programme on MAVs. K Ramachandra, CEO of the MAV project at the NDRF informed that it is a five year project and the forum of designers will now develop technologies such as Bird detection Radars, Swarm operated MAVs, Bird Hazing Devices, blue/green laser guns at airports and other technologies to reduce the presence of birds in the line of the flight.“We are experimenting with fixed wing, rotors and flutter wings for MAVs,” he stated. “We are trying to bring out insect size or under 75 mm MAVs,” Ramachandra added and said they were using bio and nanotechnology.
Comments
0 comment