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India's technology sector must transition from scale-driven growth to an AI-focused, intelligence-led, and Intellectual Property (IP)-driven model, said Roshni Nadar Malhotra, the chairperson of HCL Technologies, on Thursday. "India must move from being a tech services-led nation to an IP-led nation; services scale with effort. IP scales infinitely," she said while speaking at the AI Impact Summit 2026. She said that future belongs not to those who merely deploy technology, but to those who build, own and shape platforms, models and products. "In the AI economy, value accrues to those who build and own platforms, models and products, not just those who deploy them. That shift is not only economic, it is transformative," she added. Malhotra, who consistently features on the Forbes World's 100 Most Powerful Women list, said that AI carries a dual impact-- it reduces costs through automation while expanding new markets and opportunities. For India to lead in the AI economy, three ...
Hindustan Copper Ltd (HCL) has said it is well-positioned to make a strategic entry into the critical minerals sector, leveraging its expertise in hard rock mining and mineral beneficiation. The move will contribute significantly to the nation's technological and economic priorities. "Leveraging its proven expertise in hard rock mining and mineral beneficiation, HCL is well positioned to make a strategic entry into the critical minerals sector and contribute significantly to the nation's technological and economic priorities," Hindustan Copper has said in a statement. The PSU is aggressively expanding into the exploration and development of critical minerals to support the country's green energy transition and reduce dependence on imports. HCL has signed multiple agreements with PSUs like Oil India Ltd and Coal India Ltd to explore, mine, and develop critical minerals (copper, nickel, cobalt) and rare earth elements. The company has reported more than a two-fold jump in consolidat
Engineering firm RITES Ltd on Friday said it has signed an agreement with Hindustan Copper Limited (HCL) to jointly develop the supply chain for metals and minerals, including critical minerals, both in the domestic market and overseas. The partnership will focus on exploration, extraction, refining, and production activities in India and abroad. The collaboration includes participation in mineral block auctions and the development of mining infrastructure. As part of the Memorandum of Understanding (MoU), RITES will provide consultancy and logistics solutions, including project planning, transport infrastructure development, multimodal transport planning, and rolling stock support, to strengthen the mining operations of Hindustan Copper. "This strategic partnership aims to build an integrated, self-reliant mineral value chain that supports India's critical mineral security, fosters sustainable growth, and strengthens the nation's economic resilience," the company said in a ...