Page 16 - Surajeet Das Gupta

Tata Electronics acquires 60% in Pegatron India, bags iPhone plant

The announcement is coming after the Competition Commission of India (CCI) gave an approval to Tata Electronics to acquire the majority stake in the company

L&T Semiconductor plans $10 bn investment in silicon fabrication plant

Move only after it has visibility of hitting $1 bn annual sales of fabless semicon products designed by the firm

Smartphones emerge as second-largest export category, shows govt data

Apple Inc, through its iPhones, accounted for two-thirds of India's smartphone exports during the period under review, underscoring the impact of the production-linked incentive (PLI) scheme

India may account for 16% of global consumption by 2050: World Data Lab

Only North America, with a 17 per cent share in 2050, will have a higher consumption share

US restrictions on exports of AI chips likely to hurt India by 2027

Under the proposed rules, 18 countries -- including close US allies such as the UK, Canada, Germany, Japan, and South Korea -- will enjoy unrestricted access to chips for verified companies

India's digital evolution on post-pandemic treadmill: Ranks 8th in momentum

The 'momentum' of digital evolution is calculated based on the annual rate of change in a country's digital evolution, essentially how quickly its digital transformation is occurring

Consulting industry for developing GPU, says Minister Ashwini Vaishnaw

"We expect the first made-in-India chip to roll out in August-September 2025 from Micron plant... the first fab plant will roll out by 2027 end"

Tata Electronics captures 26% share of India's iPhone production

During the year, Tata Electronics recorded a 63 per cent increase in direct employment at its iPhone assembly operations, with the workforce expanding to 31,000 from 19,000 in 2023

New Shop looks to raise $25 million to accelerate store expansion

New Shop recently agreed to acquire 24Seven stores as part of an asset transfer deal

AI's future in India: A journey marked by small wins and bigger gaps

According to data from Traxcn in 2024, the total funding raised by technology startups providing AI as a service and AI infrastructure was $145.9 million through 29 rounds

Meity seeks 10K graphics processing units, receives offer for 20K

Its request, to build artificial-intelligence (AI) computing capacity, came on August 16 last year

Staffing firms cornered 30-40% of H-1B visas: Indo-US forum chief Aghi

Aghi talks on the challenges and opportunities in business between the US and India

India has the maths talent to lead frontier AI research: Satya Nadella

The tech giant also revealed plans to invest $3 billion in expanding its Azure cloud infrastructure in India over the next two years

Ministry of Heavy Industries backs Siam for GST cut on CNG two-wheelers

Petroleum ministry pushes for car tax reduction

MHI backs SIAM proposal for reducing GST on CNG-powered two wheelers

Ministry of Petroleum and Natural Gas (MoPNG) along with other key ministries also endorse the proposal

Battery swapping currently unviable: Electric two-wheeler executives

Battery swapping will only increase the cost for a consumer to run the vehicle, say e2W players

DPDP Act's long gestation period raises questions about its efficacy

The DPDP Act comes with a long gestation period. What does that mean for its efficacy?

Govt to switch on massive subsidy to supercharge EV infrastructure

Subsidy to support 72,300 fast charging stations across the country

Meity targets $500 bn electronics production by 2030 with detailed strategy

Meity is in the final stages of putting together a production linked incentives (PLI) scheme for electronic components

Tech giants Infosys, TCS among top 5 global H-1B visa beneficiaries

Account for over 41% of visas along with Cognizant, HCLTech