PE firms pushing their portfolio companies to open GCCs in India

Private equity firms like KKR and Blackstone are increasingly pushing their portfolio companies to establish global capability centers (GCCs) in India, with investments quadrupling in the last five years. These PE-backed GCCs, focused on sectors like SaaS and BFSI are designed for rapid value creation. They drive product development, enhance profitability and accelerate platform transformation. […]

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Infosys opens advanced AI, Cybersecurity and Spacetech Centre in Hubballi in big boost to North Karnataka

The Centre is part of ‘Infosys Living Labs’, a network of over a dozen established Centers globally designed to help clients accelerate innovation and leverage emerging technologies. The Centre establishes the north Karnataka city as a key technology hub for the software major, specializing in advanced digital solutions like AI, cloud computing, cybersecurity, engineering services, […]

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India will see manufacturing unicorns within 3-4 yrs, says Accel’s Prashanth Prakash

Prakash said the VC industry has undergone a clear shift in the last six to nine months, with investors increasingly open to backing companies in asset-heavy, complex sectors such as defense, robotics, semiconductors and aerospace. India could see its first unicorns in advanced manufacturing within the next three to four years, according to partners at […]

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World Telecommunication Day 2025

Bridging the Gender Gap in the Digital World Introduction: World Telecommunication and Information Society Day (WTISD) is celebrated annually on May 17 to mark the founding of the International Telecommunication Union (ITU) and the signing of the first International Telegraph Convention in 1865. The day aims to raise awareness about the possibilities that the use of the Internet and other information and communication […]

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India, Singapore strengthen ties in advanced manufacturing, semiconductors:

India and Singapore are cooperating in critical sectors like advanced manufacturing and semiconductors as the relations are on a “new trajectory” of growth, Singapore President, Tharman Shanmugaratnam said on Thursday. Shanmugaratnam, on a five-day visit to India, held separate talks with President, Droupadi Murmu and Prime Minister, Narendra Modi with a broad focus on further […]

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Electronics Industry Seeks ₹72,500 Cr to Cut Import Dependency

The Electronic Industries Association of India (Elcina) has requested a ₹72,500 crore ($8.57 billion) support package to boost domestic production of non-semiconductor electronic components and reduce import reliance. Elcina estimates that India’s demand-supply gap for electronic inputs could balloon to $248 billion (₹21 lakh crore) by 2030 to meet projected electronics production worth $500 billion. […]

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INDIA MANUFACTURERS & SME SUMMIT – PUNE

Padma Vibhushan Dr. R. A. Mashelkar – Former Director General, Council of Scientific & Industrial Research (CSIR) inaugurating the INDIA MANUFACTURERS & SME SUMMIT on 22nd November 2024 at Pune organised by SME Chamber of India and Maharashtra Industry Development Association (MIDA). Others (L to R) Shri. Prabhakar Salunke – Founder & Chairman, Sumeet Group […]

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Tamil Nadu’s electronics and automotive sectors thriving under China+1 strategy: Minister

The China +1 strategy, aimed at reducing reliance on Chinese manufacturing by investing in other countries, has significantly benefited Tamil Nadu, positioning it as a prime destination for electronics manufacturing. Tamil Nadu’s Information Technology Minister, P. Thiaga Rajan lauded the State’s burgeoning electronics and automotive sectors, pointing to the successful implementation of the China +1 […]

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Camera, Action! India CCTV Crackdown Could Impact

China Cos.: The Centre is looking to immediately operationalize its order that will likely weed out Chinese vendors from the supply chains of all forms of surveillance equipment in the aftermath of the recent coordinated pager explosions in Lebanon, multiple sources aware of the development told ET. The move is set to benefit local companies. […]

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Small Companies can now chase India’s giant AI dreams

Sunil Gupta, Chief Executive of Yotta Data Services, which has placed a purchase order of 16,000 H100 GPUs from Nvidia and went live with 4,000 H100 GPUs a few months ago, concurred. The Government has halved the revenue threshold for companies seeking to bid for the Rs 10,000 crores graphics processing units (GPUs) tender, conceding […]

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