Hardware
Catvision looks to invest Rs 10 crore in FY15-16
KOLKATA: Noida-based Catvision Limited, a manufacturer, re-seller and system integrator, has earmarked an investment of up to Rs 10 crore in the current fiscal 2015-16.
The company aims to install 200 headends by December 2016 and manufacture around 15 lakh set top boxes (STBs) by 2017 fiscal end and the investment will be for such manufacturing and installation.
The company has installed more than 60 headends till now in the country. Plans are afoot to install 200 more headends by 2016 through its joint venture (JV) company – Catvision Unitron. On the STB front, the company aims to manufacture around 15 lakh STBs to be used in the third and fourth phases of cable TV digitization process in India, which is likely to be completed by December 2016.
“We aim to invest up to Rs 10 crore in the current fiscal 2015-16 on STB manufacturing and headend installation,” Catvision managing director Athar Abbas tells Indiantelevision.com.
With the installation of the 200 more headends, Catvision is aiming about 25 per cent share in the headend installation vertical by 2016.
Catvision Limited signed an agreement with Belgium’s Unitron Group NV, to set up a 50:50 joint venture company – Catvision Unitron in India which would develop AV encoders for the cable television industry. Now the JV develops CATV digital systems and products with the latest world-class technology. Unitron Group NV of Belgium has years of experience in the state-of-the-art digital head-end technology, and is one of the leading companies in Europe in providing solutions for TV distribution to multi- dwelling units and residential complexes.
While Catvision has number of years of experience in the CATV industry in India, a market that is migrating to digital technology totally by the end of 2016.
By aiming to manufacture around 15 lakh STBs to be used in the third and fourth phases of cable TV digitisation process in India, the company is looking at a market share on one per cent, said Abbas.
“Now, with extended deadline of cable TV digitization process, the industry would be able to cater to all the needs of the fragmented markets. By the end of 2015-16, we are looking at five lakh STBs and by 2016-17 we aim to manufacture another one million STBs,” Abbas further says.
MUMBAI: Addverb has taken a decisive turn on the road to humanoid automation, unveiling its first wheeled humanoid robot, Elixis-W, at LogiMAT India 2026 in Mumbai. Built and manufactured in India, the robot signals the company’s push to make so-called physical AI a practical presence on the factory floor rather than a futuristic concept.
Unlike traditional fixed automation, Elixis-W is designed to move, think and work alongside people in dynamic industrial settings. The robot combines adaptive wheeled mobility with dual arms, each fitted with five-fingered dexterous hands, allowing it to handle tasks that demand precision as well as flexibility.
At its core sits a Physical AI-ready architecture, supported by dual Nvidia Jetson Orin and Thor computing units. This setup is intended to give the robot the ability to perceive, plan and adapt to changing environments, rather than simply follow pre-programmed routines.
According to Addverb CEO and co-founder Sangeet Kumar, the humanoid reflects the company’s long-standing belief in human-robot collaboration. He said the robot is designed to take on repetitive, risky or physically demanding tasks, freeing human workers to focus on higher-value decision-making roles.
Alongside the humanoid, Addverb also showcased two new intralogistics solutions. The Cruiser 360, a four-way pallet shuttle, is aimed at high-density storage environments where space and speed matter. The FlowT, an autonomous forklift, is designed to move materials safely in busy warehouses and factory spaces.
Visitors also saw Trakr, the company’s quadruped robot, navigating the exhibition floor, offering a glimpse of how legged machines could assist in future warehouse and industrial operations.
Addverb, which began as a warehouse automation specialist, has steadily expanded its global footprint across the United States, Europe, Australia and Asia. Its client list includes Reliance, HUL, PepsiCo, Maersk, Mondial Relay and DHL.
With the launch of Elixis-W, the company is steering towards a future where robots are not just bolted to the floor, but rolling, reasoning and working shoulder to shoulder with people on the shopfloor.
