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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Most Club Vistara credit card conversion partners to go away on October 31, 2024

 Vistara, India’s last full-service carrier to launch operations and in line to merge with Air India, will see its operations merge with Air India on November 12, 2024. In May 2024, preliminary information was released about the merger of the loyalty programs, followed by advice to link accounts of loyalty accounts in both programs. Earlier this month, it was […]

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India’s Digital Transformation: Empowering MSMEs for e-commerce growth

India’s Digital Mission marks nine years of progress, positioning the nation as a leading digital economy. As e-commerce is projected to reach $350 billion by 2030, the focus shifts to how MSMEs can harness this growth through digital integration, skills training, and supportive policies. How can MSMEs leverage this digital growth in e-commerce to streamline […]

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Piyush Goyal launches AI tool to expedite trademark clearance process

Piyush Goyal says AI will have to be accepted by all as it would help promote ease of doing business in every field. Union Commerce and Industry Minister, Piyush Goyal on Wednesday launched an AI (artificial intelligence) and ML (machine learning) search tool that will help clear trademark applications at a faster pace and with greater efficiency. […]

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How IT sector is shape-shifting with artificial intelligence

Top companies tell stories of enhanced productivity & creativity Even as the debate whether artificial intelligence is indeed eating up jobs rages on, with fresh data to either support or negate the claim being thrown up regularly, there is no argument about the fact that AI is a tool to enhance productivity and efficiency. Microsoft and LinkedIn’s recent release of […]

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Cybercriminals target SMEs as large companies beef up security

Hackers Pivot to SME as Biggies Stop Playing Ball: Attacks on small and medium enterprises (SMEs) (with 100-5,000 employees) have significantly risen in India and accounted for nearly half of all such incidents in 2023. Among large organizations, only 10% of those attacked paid ransom, whereas with SMEs, 44% ended up paying amounts ranging between […]

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