| | AUGUST 20248Daimler India Commercial Vehicles (DICV) has unveiled a state-of-the-art mechatronics lab at its manufacturing site in Oragadam, Chennai, aimed at revolutionizing its product development and innovation processes. This new facility is designed to expedite the creation of new software architectures and enhance vehicle functionalities.The new lab is expected to slash testing and verification times by 70-80%, significantly lowering costs while boosting the accuracy and validation of software features. It will also facilitate the evaluation of emerging technologies before they are integrated into commercial vehicles.Pradeep Kumar Thimmaiyan, President of Product Engineering & Chief Technology Officer at DICV, remarked, "The launch of our Mechatronics Lab represents a significant advancement in our R&D activities. It serves as a center for innovation and validation, reinforcing our competitive edge on the global stage"The lab is equipped with a flashing station for pre-production checks of electronic control units (ECUs), ensuring compatibility between hardware and software before manufacturing. Its Advanced Driver Assistance Systems (ADAS) setup replicates on-road data for initial software tweaks, and the Driver State Monitoring (DSM) system provides a secure environment for testing without in-vehicle trials.Dilip Shrivastava, Head of Mechatronics and Software Technology, added, "Our lab is capable of validating approximately 300 features and over a thousand signals within 10 days, and can detect 600 fault codes in developing products within weeks, leading to significant reductions in development costs". Bombay Dyeing and Manufacturing Company has announced the appointment of Khiroda Jena as its Chief Financial Officer (CFO) and Chief Risk Officer (CRO), with effect from today. He will also serve as a Key Managerial Personnel (KMP) of the company.A seasoned Chartered Accountant, Jena holds over 24 years of cross-industry experience in strategic financial management, business planning, and deal structuring. His background includes extensive expertise in real estate, where he played a pivotal role in high-value land transactions. Additionally, he has successfully led projects in business development, fundraising, project valuation, and digital transformation.Jena is an alumnus of the Ross School of Business, Michigan University, where he completed a Group Executive Leadership Course in 2021. He brings 12 years of real estate industry experience, having previously served as CFO at Kolte-Patil Developers Ltd., where he also managed IT and SAP functions. His earlier career includes leadership roles at Tata Housing Development Company Ltd. and Welspun Energy Ltd.Bombay Dyeing, renowned for its wide range of linens, towels, home furnishings, leisure clothing, and kids wear, operates across 350+ exclusive retail stores and over 2,000 multi-brand outlets nationwide. The company aims to leverage Jena's strategic vision and extensive industry experience to drive its next phase of growth. DICV LAUNCHES ADVANCED MECHATRONICS LAB TO DRIVE VEHICLE INNOVATIONBOMBAY DYEING APPOINTS KHIRODA JENA AS CFO & CROIN FOCUSIN FOCUS
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