Tag: India manufacturing
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...
NITI Aayog Proposes ₹25 Cr Loan Support for Medium Firms
NITI Aayog has proposed a dedicated policy framework to strengthen India’s medium enterprises, including concessional working capital loans of up to ₹25 crore and...
SEZ Legal Clarity Key to India’s Growth: Piyush Goyal
Union Commerce and Industry Minister Piyush Goyal emphasized the vital role of arbitration and mediation in supporting India's rise as a global manufacturing hub....
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...
AEPC to Expand Indian Apparel Exports into New Markets by 2025-26
India’s apparel export sector is set to expand its global footprint in 2025-26, with a focus on diversifying into new and non-traditional markets, according...