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...
MeitY Drives India’s AI and Semiconductor Growth
The Ministry of Electronics and Information Technology (MeitY) has unveiled a series of ambitious initiatives aimed at strengthening India’s position as a global leader...
Steelbird Invests ₹250 Crore in Tamil Nadu Helmet Manufacturing Plant
Steelbird Hi-Tech India, one of the country's leading branded helmet manufacturers, has announced the establishment of a state-of-the-art manufacturing facility in Hosur, Tamil Nadu....
Dixon Signs MOU with Cellecor to Manufacture Refrigerators Locally
In a significant step towards strengthening domestic manufacturing capabilities, Dixon Electro Manufacturing, a wholly owned subsidiary of Dixon Technologies (India) Limited, has signed a...
India’s Economy Forecasted to Grow at 6.5% in FY25 Amid Global Uncertainties
India’s economy is projected to reach approximately 6.5% in fiscal year 2024/25, aligning with the lower end of its earlier 6.5%-7% forecast, as global...
BPCL Announces ₹6,100 Crore Investment for New Andhra Pradesh Refinery Project
State-owned Bharat Petroleum Corporation Ltd (BPCL) has approved plans to establish a greenfield refinery and petrochemical complex in Andhra Pradesh. In an exchange filing,...
India Proposes 25% Safeguard Duty on Steel Imports to Protect Domestic Industry
The Indian steel ministry has taken a significant step toward supporting the domestic steel industry by proposing a 25% safeguard duty on the import...
Hindustan Unilever Digitizes Manufacturing Ecosystem to Be Future-Ready
Hindustan Unilever (HUL) is taking significant steps to digitize its manufacturing ecosystem, making it future-ready. CEO & MD Rohit Jawa outlined these advancements in...
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...
Electric Mobility Scheme: A New Dawn for EV Adoption
The transition towards electric vehicles (EVs) in India takes a significant leap with the initiation of the ₹500 crore Electric Mobility Scheme 2024 (EMPS2024)...
Industry 4.0: Revolutionizing Manufacturing Processes
In today's rapidly evolving industrial landscape, the implementation of Industry 4.0 technologies is revolutionizing manufacturing processes like never before. Industry 4.0, often referred to...
