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India's unique superiority in data and big data has placed it at an inflection point, ready to accelerate technological innovation and potentially deliver the world's next big surprise, according to former World Economic Forum (WEF) MD Claude Smadja. With an unparalleled capacity for data collection and utilisation, India is poised to become a global leader in AI and deep tech fields that fundamentally rely on access to massive datasets, Smadja said. "India is at an inflection point. India is, at the moment, in its domestic evolution, and in the global context, where it has to give a big push to accelerate the momentum for technological innovation. The next big surprise could come from India in the domain of data and big data because India has a unique superiority advantage in terms of data collection and data potential leveraging," Smadja said at IGIC 2025 here. Smadja, Chairman of Smadja & Smadja Strategic Advisory, contrasted India with major world economies, stating that the ..
Foxconn-backed automotive technology company SiliconAuto has set up its research and development centre in Bengaluru which will focus on semiconductor product design and system-on-chip development for the automotive sector. SiliconAuto is a joint venture between the Netherlands-based Stellantis NV and Hon Hai Technology Group (Foxconn). "This new centre embodies SiliconAuto's commitment to innovation and excellence in the automotive industry. Our India team is set to drive forward our vision of a smarter and safer future for transportation. Bangalore, with its rich talent pool and thriving tech ecosystem, is the perfect location for our new design centre," SiliconAuto CEO, Gene Liu said in a statement. Foxconn India representative V Lee, in a social media post, said the R&D centre is poised to accelerate the company's innovative capabilities in the development of cutting-edge automotive technologies and solutions for the automotive industry, including Stellantis. Foxconn is in ...