TechnoPro launched in India, aims to enhance employment for budding engineers of the country
Bengaluru: TechnoPro, Inc. an integration of four TechnoPro Group companies that specialize in design and research and development was on October 16, launched in India at the Chancery Hotel, Lavelle Road in Bengaluru here. The event was attended by the CEO of Technopro Design, Shimaoka Gaku.
With more than 20,000 engineers and researchers, we are one of Japan’s largest technology-focused Professional Services and Technologies Consulting Company.
“We as a Japanese organization believes that India is going to be the super economic power in near future. Moreover, recent growth of India in Global arena has motivated us to look at India as a potential country where we can find abundant of highly skilled Talents in all aspects of Technical domains” the organisation added in an official statement after formally launching the company in India.
The company currently provide full support for technical development and R&D to 2100 plus companies including major corporations, universities and research organizations through the collective efforts of our seasoned professionals in fields such as machinery, electronics, information systems, software, chemistry, biotechnology, pharmaceuticals, architecture, construction and energy.
“Bangalore has been knows as Silicon Valley of India and its significance importance into the space of Information Technologies is world known factor. From the perspective of Information Technologies and its application into Industries like Automotive and manufacturing, the increasing demand for smart mobility has compelled us to look for high-end engineers. India is the only country that can help in keeping an excellent balance between demands and Supply” the company added in a press statement.
“TechnoPro India will function as a Global hub to develop the state of the art Technology and solutions with the help of Engineers and professionals from Indian Origin and we enhance Employment for budding engineers. We have a vision to generate employment and grow our head count to 10,000 plus by the end of 2021 and we will double the number by the year 2023. Our main business focus is on core Technologies to be used in Smart Mobility, Fast retailing and Quality Manufacturing processes” the company added.
In addition the company will adopt a business model through which it will offer services with value chain to the customers. The business model has been named ‘Golden Triangle Strategy’ where India, Israel and Japan (IIJ) will work together.
“Innovation is the only solution in a scenario where world is going through many limitations. Israel, India and Japan are the unique symbol of development through Technology and Innovation. As business strategy, we decided to join hands together to secure our growing needs into the space of smart mobility, Industrial & IOT Cyber Security. Hence, TechnoPro India will also focus on partnerships with Israel based companies” it said about the IIJ business model.
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Rupee falls 9 paise to all-time low of 90.58 against US dollar in early trade
Mumbai (PTI): Rupee depreciated 9 paise to an all-time low of 90.58 against US dollar in early trade on Monday, weighed down by uncertainty over an India-US trade deal and persistent foreign fund outflows.
Forex traders said rupee is trading with a negative bias as investors are in wait and watch mode and awaiting cues from the India-US trade deal front.
At the interbank foreign exchange market, the rupee opened at 90.53 against the US dollar, then fell further to an all-time intraday low of 90.58 against the greenback, registering a fall of 9 paise over its previous close.
On Friday, the rupee had slipped 17 paise to close at an all-time low of 90.49 against the American currency.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.05 per cent lower at 98.35.
Brent crude, the global oil benchmark, was trading higher by 0.52 per cent at USD 61.44 per barrel in futures trade.
On the domestic equity market front, the 30-share benchmark index Sensex was trading 298.86 points lower at 84,968.80, while the Nifty was down 121.40 points at 25,925.55.
Foreign Institutional Investors sold equities worth Rs 1,114.22 crore on Friday, according to exchange data.
"FPIs continue to be in selling mode in equity and debt while RBI has been selling dollars to fund their long positions," said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP.
