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Lenovo report shows 95% of Indian CIOs favor AI investment for 2024
According to the report, a staggering 95 per cent of Indian CIOs consider Al as critical for business success in 2024Read more
nasscom CoE teams up with Capgemini for Smart Manufacturing in India
The program aimed at capability building for manufacturing leaders & SMEs, providing step-by-step guidance on accelerating the adoption of digital technologies at plants to improve operational efficiency and productivityRead more
NTPC's USSC clinches top honor at 9th global procurement summit
The event organised by AIMA in collaboration with the World Bank, Ministry of Finance (MoF), and Ministry of Electronics and Information Technology (MoE&IT), witnessed fierce competition among 23 PSU and Non-PSU contestants.Read more
India targets 28 nm and above chip market, says Ashwini Vaishnaw at WEF
Ashwini Vaishnaw, the Union Minister for Electronics and Information Technology mentioned that India boasts around 300,000 design engineers involved in the development of nearly every sophisticated chip globally.Read more
Foxconn partners with HCL Group for Chip Venture in India
This venture, referred to in the industry as OSAT (Outsourced Semiconductor Assembly and Test), follows Foxconn's withdrawal from a previous joint venture with India's Vedanta in July.Read more
Avalon Technologies partners with C-DAC to boost India's supercomputing capabilities
In this partnership, Avalon aims to contribute to the 'RUDRA' program, focused on advancing the indigenous manufacturing capabilities of High-Performance Computing (HPC) systems.Read more
Adding new dimension to manufacturing
When the Indian Space Research Organisation (ISRO) was looking to procure spacecraft’s grid-fins for its Gaganyaan mission, India’s first human space mission that is scheduled for a launch in 2024, it turned to a Bengaluru-based aerospace component maker that uses additive manufacturing (3D printing) technology. Read more
India aims for 40% local value addition in phone manufacturing to boost global competitiveness
S Krishnan, Secretary at the Ministry of Electronics and Information Technology (MeitY), outlined this goal during the Global Tech Summit 2023 organised by Carnegie on December 5.Read more
ITeS industry poised for steady growth amid global challenges
The industry's expansion is expected to be driven by transition to non-voice services within the CRM segment, a surge in digital payments in the transaction services sector, and the evolution of analytics-based offerings in the KPO domain.Read more
CG Power seeks approval for $791 mn semiconductor facility in India
The company relayed this information through a statement to the stock exchange, indicating the submission of the application to the Ministry of Electronics and Information Technology.Read more
