Tag: PLI scheme
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,...
Pralhad Joshi: India Rising in Solar Manufacturing
India’s solar photovoltaic (PV) module manufacturing capacity is set to rise to 125 gigawatts (GW) by 2030, Union Minister for New and Renewable Energy...
Companies Commit ₹17,000 Cr Under PLI for Speciality Steel
India’s steel industry is set for a ₹17,000 crore investment boost as 25 companies signed 42 agreements with the government under the second round...
PLI Drives ₹14 Lakh Cr Production, 11.5 Lakh Jobs
India’s ambitious Production Linked Incentive (PLI) schemes are showing tangible success in building a self-reliant, manufacturing-led economy. With ₹1.61 lakh crore in investments and...
PLI Boosts Telecom Manufacturing with ₹78K Cr Sales
India’s Production Linked Incentive (PLI) scheme for telecom and networking products has delivered major results since its launch by the Department of Telecommunications (DoT)...
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...
