Tag: Exports

TeraNova DC Targets 2 GW of AI-Ready Data Centres in India by 2032

Singapore-based Hillhouse Investments has launched TeraNova DC, a dedicated data-centre platform that plans to invest $12 billion to $15 billion in India by 2032. With a target of more than 2 gigawatts (GW) of capacity, the platform is set to become one of the largest announced data-centre programmes in the country. TeraNova DC will focus on hyperscale and AI-ready infrastructure. Its proposed locations are Maharashtra,...

Tech Mahindra’s Profit Rises 23.2% as Almost Every Large Deal Now Includes AI

Tech Mahindra’s profit after tax (PAT) rose 23.2% year on year to $166 million in the second quarter of FY27. The company won $1.023 billion in new deals in the quarter, up 25.4% from a year earlier. Deal wins over the past 12 months rose 34.8% from the same period a year before. On the earnings call, CEO and Managing Director Mohit Joshi said...
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Apple to Start AirPods Production in India

Apple is set to commence AirPods production at Foxconn’s Hyderabad facility from April, marking a significant expansion of its manufacturing footprint in India, industry...

Goyal Urges Electronics Sector to Target $100B in Exports

India’s electronics and electrical industry must aim to increase exports to $100 billion within the next five to seven years, said Commerce and Industry...

Indian Coffee Exports Cross $1 Billion, Driven by Robusta Demand

India’s coffee exports have hit a significant milestone, surpassing the $1 billion mark during the April-November period of the financial year 2023-24. According to...

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...