Tag: India growth

Sarvam AI Startup Programme Fuels Indic AI Builders

Sarvam AI has introduced the Sarvam Startup Programme, providing early-stage companies with up to 12 months of API credits, priority engineering support and production-ready infrastructure to build multilingual AI applications without backend complexities. Founders Vivek Raghavan and Pratyush Kumar positioned the initiative to empower India’s developer ecosystem with high-quality models fluent in 22+ Indian languages and English, enabling full agency in creating voice agents,...

Oracle Layoffs Fund AI Data Centre Push Amid Cash Squeeze

Oracle is planning thousands of job cuts across divisions as it grapples with a cash crunch from aggressive AI data centre buildout to support major clients including a $300 billion OpenAI agreement, xAI and Meta, as Bloomberg News first reported. The reductions, potentially broader than typical rolling cuts, may begin this month and target roles expected to diminish under AI automation, coinciding with an...
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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...

India Leads AI Adoption and Governance, Says Sitharaman

India is not just a frontrunner in Artificial Intelligence (AI) adoption but is also actively shaping global AI governance, Union Minister of Finance and...

India’s Startup Boom: 1 Million Startups by 2035?

The number of startups in India is expected to surge nearly tenfold over the next decade, reaching 1 million, driven by extensive government support,...