Tag: India growth

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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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,...