Page 3 - Technology Industry

Govt brought innumerable benefits by leveraging technology: PM Modi

Prime Minister Narendra Modi said on Thursday that his government in its 11 years has brought innumerable benefits for people by leveraging the power of technology. "Powered by the youth of India, we are making remarkable progress in innovation and application of technology. It is also strengthening our efforts to become self-reliant and a global tech powerhouse," he said on X. The prime minister said the use of technology has greatly boosted service delivery and transparency. Furthermore, technology has become a means of empowering the lives of the poorest of poor, he added. A thread of posts from a government handle and highlighted by Modi said India ensured transparency at scale through direct benefit transfer (DBT), noting that over Rs 44 lakh crores were credited to beneficiaries of over 322 schemes regulated by 56 ministries. Over Rs 3.48 lakh crores were saved by cutting out leakages, it added. From digital deserts to a data-driven democracyIndia's tech journey over the las

India's AI market set to triple, may cross $17 billion by 2027: Report

The Indian AI market is expected to grow to over USD 17 billion by 2027, more than tripling its current size, driven by increased investments in enterprise technology, a flourishing digital ecosystem, and a strong pool of skilled professionals, according to BCG. The nation makes up 16 per cent of the world's AI talent, placing it behind only the US, reflecting both its demographic advantage and strong STEM education system. Boston Consulting Group (BCG), in a report titled "India's AI Leap: BCG Perspective on Emerging Challengers", said India has a thriving AI ecosystem with over 600,000 AI professionals, 700 million internet users, and a surge of AI startups with over 2000 launched in the past three years. "India's domestic AI market is projected to more than triple to USD 17 billion by 2027, making it one of the fastest-growing AI economies globally. This momentum is fuelled by rising enter-prise tech investments, a thriving digital ecosystem, and a robust talent base," the report

CCMT round 1 seat allotment result released at official website know more

NIT Warangal has issued the CCMT 2025 round 1 seat allotment. By paying the Seat Acceptance Fee (SAF) by June 14, candidates who have been assigned a seat must confirm their admission

India's big data edge to power next global tech leap: ex-WEF MD Smadja

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 ..

Bessemer names Pankaj Mitra as partner to bolster India investments

Tech veteran to focus on AI, enterprise software, and cybersecurity amid growing regional push

Defence, trade, tech discussed during foreign secy Misri's visit to US

Foreign Secretary Vikram Misri visited Washington DC from May 27 to 29, where he held a series of high-level engagements with senior officials of the US Administration.Foreign Secretary Misri held wide-ranging discussions with counterparts across the Department of State, National Security Council, Department of Defence, Department of the Treasury, and the Department of Commerce, the Ministry of External Affairs said in a statement.The visit was a follow-up to the Prime Minister's visit to the United States on February 13, during which both sides launched the India-U.S. COMPACT (Catalysing Opportunities for Military Partnership, Accelerated Commerce & Technology) for the 21st Century.Deputy National Security Advisor Pavan Kapoor was also part of the Indian delegation.According to MEA, at a luncheon meeting with Deputy Secretary of State Christopher Landau, both sides reviewed the full spectrum of the bilateral agenda. They underscored that Technology, Trade, and Talent would be .

Qlik unveils agentic experience to simplify data workflows, aid decisions

Qlik, a leading player in data integration, data quality, analytics, and artificial intelligence, on Wednesday introduced its new agentic experience to drive faster decisions and boost productivity by bringing new simplicity to complex data-driven workflows. Besides, the company launched Open Lakehouse, a fully managed Apache Iceberg solution built into Qlik Talend Cloud. These two products were unveiled at Qlik Connect 2025 here for its customers. The agentic experience will provide a single, conversational interface allowing users across the enterprise to interact naturally with data, using specialised AI agents to quickly uncover insights, drive faster decisions, and boost productivity, bringing new simplicity to complex data-driven workflows. At the heart of this continuous innovation is the Qlik engine, a unique technology that indexes relationships across data, enabling the discovery of unexpected connections. This new agentic experience is about removing the distance betwee

Vedanta unveils technology to create a productive, future-ready workplace

Vedanta Ltd on Tuesday said it has deployed several leading-edge technologies, including Artificial Intelligence (AI)-led monitoring systems and drones to create workplaces that are both highly productive and future-ready. Besides, Artificial Intelligence (AI)-led monitoring systems and drones, the company has also deployed fatigue detection systems, smart helmets, and tele-remote operations, which help in transforming industrial safety across its operations. As workplaces evolve with AI, robotics, exoskeletons, and remote work, these technologies are creating both opportunities and challenges. "By leveraging AI, smart systems, and people-first leadership, we are not just responding to risks, we're anticipating and preventing them. Our commitment is to create workplaces that are not only productive, but deeply safe, healthy, and future-ready," Vedanta Ltd spokesperson said. Vedanta's zinc business in India has deployed a virtual reality (VR)-based winder training simulator system t

Vendor consolidation to drive our growth this year: LTIMindtree

Customers are looking at tightening their spending and saving the last dollar rather than spending more on new age technologies

India backs tech democracy, offers to share its DPI with the world

India said it is expanding its Digital Public Infrastructure ecosystem into areas such as agriculture and smart cities and stands ready to share successes with the international community, as UN leaders commended the country for its leadership in investing in this domain. Minister of State for the Ministry of Commerce & Industry and the Ministry of Electronics & Information Technology, Jitin Prasada, said that the Indian DPI success story is a showcase to the world. "DPI is all about empowering citizens, good governance, inclusive and sustainable growth at the societal level. The future will not be built by machines alone but by the choices we make about how technology serves humanity, Prasada said in his keynote address at the event organised by India's Permanent Mission to the UN at the world body's headquarters on Thursday. Prasada added that looking forward, India is expanding its DPI ecosystem into agriculture, logistics, smart cities and more. "The next wave will ...

Databricks to hire hundreds, invest $250 mn in India to boost AI push

The San Francisco-based firm, one of the world's most valuable privately held tech companies, will increase its India headcount by more than 50 per cent to about 750 by the end of the fiscal year

India's startup failure isn't about ambition, it's about the economy

Criticism of Indian startups may be valid, but the real culprit behind their consumer focus and lack of innovation is the govt's economic model

China tech faces worry beyond Trump tariffs after $350 billion wipeout

The Hang Seng Tech Index has shed more than $350 billion in market value since a March high, though it has gained about 9 per cent over the past three sessions

Aman Gupta backs Piyush Goyal's push for deep-tech focus in startups

boAt co-founder Aman Gupta has come out in support of Commerce and Industry Minister Piyush Goyal's recent remarks urging Indian startups to focus more on deep-tech innovation. Gupta's comments come amid an ongoing debate within the startup ecosystem where several founders have countered Goyal's critique of consumer-focused ventures like food delivery and luxury goods startups. Gupta took to social media platform X to echo Goyal's call for startups to move beyond consumer-centric models like food delivery and fantasy sports apps and instead prioritise technologies like artificial intelligence, robotics, and quantum computing. "It's not every day that the government asks founders to dream bigger. But at Startup Mahakumbh, that's exactly what happened. I was there. I heard the full speech. Hon. Minister @PiyushGoyal Ji isn't against founders. He believes in us. His point was simple: India has come far, but to lead the worldwe need to aim higher. "It reminded me of something I say oft

India must innovate, not become tech colony of others: Amitabh Kant

It must build AI systems built on domestic datasets that don't have biases of the West, he says

India's tech startups worth $100 billion seen seeking IPOs by 2027

Young companies are now in better shape than in 2021 and 2022, when several startups that sought to capture India's booming capital markets cratered after listing at high valuations

AI and emerging tech: The top investment priority for 86% of Indian CEOs

Indian CEOs are prioritising AI and emerging tech, with 86 per cent viewing them as key investments for growth, while 90 per cent emphasise AI adoption and workforce upskilling, says EY survey

Donald Trump blocks 10% of funds for key agency in US-China tech race

Trump administration on Monday effectively canceled $20 million in funding for the Commerce Department's Bureau of Industry and Security

Nabhdrishti Aerospace raises $3 mn to develop next-gen propulsion tech

Founded in 2023, Nabhdrishti is focused on building sustainable, indigenous propulsion systems that can reduce India's reliance on imported aerospace technology

Emerging technology hub will be set up at Rs 350 crore, says Kerala CM

Kerala CM Pinarayi Vijayan on Monday announced the launch of an Emerging Technology Hub in the state capital by the Kerala Startup Mission. The hub, being developed at an estimated cost of Rs 350 crore will focus on leveraging Artificial Intelligence (AI) across key sectors including agriculture, healthcare, defence, and renewable energy. Responding to a calling attention motion by Indian Union Muslim League (IUML) legislator Manjalamkuzhi Ali in the Assembly, he added that this hub, being set up on a three-acre site in Technocity, Thiruvananthapuram. Vijayan added that the state government is formulating a draft Artificial Intelligence (AI) policy to include AI-driven software development, database creation, innovation centres, skill development initiatives, and support for AI startups. "In the recent state budget, the government announced key initiatives to support startups in the AI sector," he said. As part of this effort, a deep-tech ecosystem will be developed, including the