Satyam to build digital car technology
Satyam Computer Services Ltd on Friday kick started its " India's digital car " project Hera FxV, a "technology demonstrator" aimed at attracting research and development in the automotive sector. Hera FxV would help car makers convert a concept into technology and would help in reducing time to design products from 36 months to 18. The framework is expected to be ready in 24 months. Satyam launched the initiative at a Confederation of Indian Industry (CII) conference titled e-Automotive R&D 2007: The Opportunities Ahead. Satyam Computer Services chairman B. Ramalinga Raju said, "Now the time has come for India Inc to go beyond being a services outsourcing destination and get into the league of IP led innovation driven services and thereby being acknowledged as the global R&D, design and innovation hub." The digital car project is the effort of a consortium of different players like educational institutions and auto component majors, w...