Tag: manufacturing growth
Infosys Launches AI and Cybersecurity Centre in Hubballi
Infosys has launched a new Centre for Advanced AI, Cybersecurity, and Space Technology in Hubballi, Karnataka, marking a strategic step in the company's decentralised expansion across tier-2 cities. The facility is part of Infosys Living Labs and aims to serve as both a client delivery unit and a hub for applied research and academic collaboration. Expanding innovation capacity beyond metros
The Hubballi centre reinforces Infosys’ strategy...
Meta Secures $29B for AI Data Centre Push
Meta has selected investment firms PIMCO and Blue Owl Capital to spearhead a $29 billion funding deal aimed at expanding its AI-focused data centre footprint in the United States. The financing will support major infrastructure projects in rural Louisiana and forms part of the company’s larger AI co-development strategy. $26B debt from PIMCO, $3B equity from Blue Owl
According to a source familiar with the matter,...
₹1,112 Cr Electronics Manufacturing Clusters in TN: Govt
In a major boost to India’s electronics manufacturing sector, Union Minister for Electronics and Information Technology Ashwini Vaishnaw announced the establishment of two new...
Electronics to Become Largest Manufacturing Sector: Govt
India’s electronics industry is on track to become the largest manufacturing sector globally, with the government setting an ambitious target of $500 billion in...
Firms Pledge ₹27,106 Cr for Specialty Steel under PLI
The Production Linked Incentive (PLI) Scheme for specialty steel has attracted investment commitments of ₹27,106 crore, the government informed Parliament on Friday. Out of...