Tag: MAnufacturing
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,...
Government Disburses ₹1,596 Crore Under PLI Scheme in First Half of FY25
The Indian government has disbursed ₹1,596 crore under the Production-Linked Incentive (PLI) scheme to six sectors during the first half of the current financial...
GVT Bets Big on AI Chip Ecosystem
Singapore-based semiconductor equipment maker Grand Venture Technology Ltd. (GVT) is positioning itself as a key player in the burgeoning AI-driven chip industry. As global...
MeitY Boosts Battery Tech with New Industry Partnerships
The Ministry of Electronics and Information Technology (MeitY) recently held an industry meet to foster collaboration and accelerate innovation in Rechargeable Battery Technology (RBT)....
Unincorporated Sector Growth Soars: ASUSE Report Highlights
The Ministry of Statistics and Programme Implementation (MoSPI) has released the findings of the Annual Survey of Unincorporated Sector Enterprises (ASUSE) 2023-24. Covering the...
MeitY Drives India’s AI and Semiconductor Growth
The Ministry of Electronics and Information Technology (MeitY) has unveiled a series of ambitious initiatives aimed at strengthening India’s position as a global leader...
Steelbird Invests ₹250 Crore in Tamil Nadu Helmet Manufacturing Plant
Steelbird Hi-Tech India, one of the country's leading branded helmet manufacturers, has announced the establishment of a state-of-the-art manufacturing facility in Hosur, Tamil Nadu....
Dixon Signs MOU with Cellecor to Manufacture Refrigerators Locally
In a significant step towards strengthening domestic manufacturing capabilities, Dixon Electro Manufacturing, a wholly owned subsidiary of Dixon Technologies (India) Limited, has signed a...
India’s Economy Forecasted to Grow at 6.5% in FY25 Amid Global Uncertainties
India’s economy is projected to reach approximately 6.5% in fiscal year 2024/25, aligning with the lower end of its earlier 6.5%-7% forecast, as global...
BPCL Announces ₹6,100 Crore Investment for New Andhra Pradesh Refinery Project
State-owned Bharat Petroleum Corporation Ltd (BPCL) has approved plans to establish a greenfield refinery and petrochemical complex in Andhra Pradesh. In an exchange filing,...
India Proposes 25% Safeguard Duty on Steel Imports to Protect Domestic Industry
The Indian steel ministry has taken a significant step toward supporting the domestic steel industry by proposing a 25% safeguard duty on the import...
Hindustan Unilever Digitizes Manufacturing Ecosystem to Be Future-Ready
Hindustan Unilever (HUL) is taking significant steps to digitize its manufacturing ecosystem, making it future-ready. CEO & MD Rohit Jawa outlined these advancements in...
Electronics Manufacturing Surge in India: Redefining the Industry
India's journey towards becoming a self-reliant nation in electronics manufacturing marks a pivotal shift in the industry. With each passing year, the domestic production...
