Niti Aayog, ABB join hands to benefit India from AI, robotics

New Delhi: ABB India and Niti Aayog on Wednesday inked a pact to help the country reap the benefits of latest technologies including robotics and artificial intelligence. The two institutions signed a statement of intent (SoI) to work together in preparing key sectors of the economy for digitalisation, artificial intelligence (AI) robotics, and industrial automation, an ABB India statement said. The initiative also covers the fast growing segment of electric mobility. Niti Aayog and ABB will work with government ministries, solicit feedback for areas critical to them and discuss solutions using industrial automation, and digitalisation technologies. "ABB's more than a hundred years' presence in India and our pioneering technology leadership in industrial digitalisation position us well to support India in its ambitions for the next phase of its transformation," ABB CEO Ulrich Spiesshofer said.