Tag: 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...
Piyush Goyal: Tesla, Others Welcome to Set Up in India
India is open to Tesla and other global manufacturers looking to invest in the country, Union Minister Piyush Goyal stated on Saturday. Addressing speculation...
TCS and Salesforce Join Forces to Enhance AI Adoption
Tata Consultancy Services (TCS) has announced a strategic collaboration with Salesforce to enhance AI adoption in the manufacturing and semiconductor industries. The partnership aims...
Modi’s Vision: India to Triple Textile Export by 2030
Prime Minister Narendra Modi expressed confidence that India’s textile sector will surpass its ₹9 lakh crore (₹9 trillion) annual export target ahead of the...
Jindal Stainless MD Seeks 25% Import Duty to Curb Dumping
Jindal Stainless Ltd. (JSL) Managing Director Abhyuday Jindal has urged the Indian government to impose a 20-25% import duty on stainless steel to prevent...
Volvo to Invest ₹1,400 Cr in Karnataka for Expansion
Volvo Group has announced a ₹1,400 crore investment to expand its manufacturing footprint in Karnataka. The company signed a Memorandum of Understanding (MoU) with...
Bharat Forge, Liebherr to Set Up Aerospace Plant in Pune
Bharat Forge has announced a strategic partnership with French firm Liebherr-Aerospace & Transportation SAS to establish an advanced aerospace manufacturing facility in Pune. The...
WEF Report: Industry 4.0 Gains Momentum Globally
The Global Lighthouse Network (GLN) has expanded to 189 advanced manufacturing sites across 33 countries, reflecting the rapid adoption of Industry 4.0 technologies in...
Madhya Pradesh Invites Toyota for Facility Setup
Madhya Pradesh Chief Minister Mohan Yadav has invited Toyota Motor Corporation to establish facilities in the state, highlighting its investor-friendly policies, skilled workforce, and...
Government Disburses ₹1,596 Crore Under PLI Scheme in First Half of FY25
The Indian government has disbursed ₹1,596 crore under the Production-Linked Incentive (PLI) scheme to six sectors during the first half of the current financial...
GVT Bets Big on AI Chip Ecosystem
Singapore-based semiconductor equipment maker Grand Venture Technology Ltd. (GVT) is positioning itself as a key player in the burgeoning AI-driven chip industry. As global...
MeitY Boosts Battery Tech with New Industry Partnerships
The Ministry of Electronics and Information Technology (MeitY) recently held an industry meet to foster collaboration and accelerate innovation in Rechargeable Battery Technology (RBT)....
Unincorporated Sector Growth Soars: ASUSE Report Highlights
The Ministry of Statistics and Programme Implementation (MoSPI) has released the findings of the Annual Survey of Unincorporated Sector Enterprises (ASUSE) 2023-24. Covering the...
