India

News and Trends

GCCs in India to Lead Innovation and Shape Global Business Trends: Report

The country currently has over 1,700 GCC enterprises employing over 2 million professionals and is at a pivotal point in their development in transforming into strategic hubs, according to a report titled 'Pioneering Innovation In Global Capability Centers' by Avasant.

News and Trends

Indian Venture Ecosystem Poised for Global Ascent: Recovery, IPO Resurgence, and 'Building for Bharat' to Define 2025

India's GDP is poised to scale from USD 4 trillion to USD 8 trillion over the next decade and will offer a playground that is remarkable for both founders and venture capital (VC) firms, said Pranav Pai, Founding Partner and CIO at 3one4 Capital.

News and Trends

India's Logistics Cost to be Reduced to 9% Within 2 Years: Nitin Gadkari

With a focus on innovation, clean energy, infrastructure, and rural empowerment, Nitin Gadkari's vision aligns with India's aspirations to become a global economic powerhouse.

News and Trends

How this Executive Director set out to build a tech startup and ended up leading a major international white label business and online cinema with almost $7M in revenue

Two years ago, the innovative white-label interactive TV and Video on Demand (VoD) solution, Platform24, entered international markets, securing contracts in Kazakhstan, Azerbaijan, Uzbekistan, and Kyrgyzstan.

News and Trends

OnePlus Announces India-Specific Project Starlight with INR 6000 cr Investment

OnePlus recently announced 'Project Starlight', a strategic initiative to solve consumer concerns over India-specific issues and to develop India-specific features for its phone users with an INR 2000 crore annual investment for three years.

News and Trends

India to Witness 6-8% Growth for the Next 5 years: Ashwini Vaishnaw

Vaishnaw added that the country's growth story has happened because of public investments, manufacturing and innovation, inclusive growth, and regulatory simplifications.

News and Trends

Sitharaman Attributes Reduced Capital Expenditure for Q2 Slowdown, Believes Q3 to Make Up for the Slump

Finance Minister Nirmala Sitharaman addressed concerns about the recent economic slowdown at a recent event saying the slump is only temporary, attributing it to reduced public and capital spend, and added that the third quarter will compensate for the slowdown.

News and Trends

Auto Industry has Grown From INR 7 Lakh Crore to INR 22 Lakh Crore, Ranking Third Globally: Gadkari

Gadkari proposed agro-processing industries and biofuel projects to create employment and increase per capita income in rural areas

News and Trends

JSW Group Charges Ambitions with New EV Brand Launch in India

While specific details about upcoming models remain under wraps, the move signals JSW's entry into a competitive sector dominated by established players such as Tata Motors, Mahindra, and Hyundai.

News and Trends

India Poised to Become World's Third-Largest Economy, Says Minister Piyush Goyal

To foster advancements in emerging technologies, the government has launched a INR one trillion fund aimed at deep tech and sunrise sectors.

News and Trends

India's Quick Commerce Startups Poised to Go Global, Says Finance Minister Sitharaman

Sitharaman additionally proposed that Prasar Bharati enhance its streaming capabilities to create an international-standard OTT platform.

Technology

How Cloud Technology will Transform the Banking Industry

The Indian cloud services market, valued at USD 8.3 billion in 2023 and projected to grow to USD 24.2 billion by 2028, is currently dominated by international providers. With this initiative, the RBI seeks to boost domestic players and enhance India's digital sovereignty.

News and Trends

GCCs to Propel the Nation in R&D And Innovations: Kharge

In light of the fresh GCC policy unveiled by Karnataka's Chief Minister Siddaramaih, Kharge said that the state intends to attract as many as 500 new GCCs in the next 4-5 years with USD 50 billion dollars in investment.

News and Trends

Spirit of Entrepreneurs: The Past and The Prospect

Entrepreneurship is a force that drives economic growth, spurs innovation, and inspires social transformation.

News and Trends

Nokia and Vodafone Idea Drive 4G Expansion to Elevate Connectivity and Data Capacity Across India

Nokia has undertaken substantial upgrades across over 42,000 technology sites and expanded spectrum on more than 25,000 sites.