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Delta inaugurates India headquarters and global R&D centre in Bengaluru
Delta is expected to employ up to 750 R&D engineers over the next 3 years to strengthen its unique capabilities in developing smart, energy-saving high-voltage power management solutions for telecom, data centres, EV charging, and energy storage applications, as well as IoT, AI-related software, all tailored for India’s transformation.Read more
Engineering growth amid the gloom
India's engineering goods exports touched $ 9.04 billion in July 2024, a rise of 3.6 per cent compared to $ 8.72 billion in July 2023, according to EEPC India.Read more
India's global FDI share drops to 2.1% in 2023
Nearly 49.5% of FDI during October 2019–March 2024 went to Maharashtra and Gujarat, 30.3% to the Karnataka-Tamil Nadu-Andhra-Telangana region, and the remaining 17.8% to Delhi and Haryana.Read more
Noida facility to drive 'Make in India' for global markets, says JB Park
These centres are at the cutting edge of AI and product innovation, contributing to numerous patents and driving technological advancements both in India and globally.Read more
Global tech giants compete for Rs 100 billion AI tender
To qualify for bidding under the Request for Empanelment (RFE) guidelines, companies must either present a purchase order for 1,000 GPUs or prove they have a stock of 1,000 GPUs. Read more
General Motors lays off over 1,000 software and services employees globally
The reduction primarily targets teams which oversees vehicle infotainment, OnStar services, and GM's Super Cruise advanced driver-assist system. Read more
Frugal engineering can position India as the global leader in AI cases; Nilekani
Sarvam AI, a homegrown startup, has developed a Small Language Model (SLM) with two billion parameters, designed to be voice-enabled and multilingual, supporting 10 Indian languages. Read more
Global youth unemployment hits 15-year low of 13% in 2023: ILO
The rate is projected to decline further to 12.8% in the coming years.Read more
Global disruptions offer chance to enhance defence manufacturing capabilities
The CDS called for collaboration among the services, defence industries, and scientists, including academia, to further the nation’s self-reliance objectives. Read more
Exicom to acquire Tritium; to expand global footprint in EV charging
Exicom will have access to Tritium’s cutting-edge manufacturing facility in Tennessee, USA, as well as a world-class engineering centre in Brisbane, AustraliaRead more