Tag: #msmes
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...
Plug-and-Play Parks Key to India’s Manufacturing Push
Developing ready-to-use industrial parks and improving logistics infrastructure are now central to India’s strategy to strengthen its manufacturing sector. A new report by Cushman...
Textile PLI Scheme Scales Up, 24 MSMEs Onboard
The central government has begun pan-India implementation of the Production Linked Incentive (PLI) Scheme for Textiles, aimed at boosting domestic manufacturing of man-made fibre...
India’s E-Retail Market to Hit $190B by 2030
India’s e-retail sector is poised for significant expansion, with gross merchandise value (GMV) projected to reach $170–$190 billion by 2030, according to a report...
India’s GeM Transforms Government Procurement
The Government e-Marketplace (GeM) has emerged as a transformative force in India’s public procurement landscape, fostering transparency, inclusivity, and efficiency. Since its launch in...
India Plans ₹1 Lakh Cr Subsidy to Boost Solar Manufacturing
India is preparing a $1 billion capital subsidy to accelerate its solar manufacturing industry, focusing on reducing reliance on Chinese imports and positioning itself...
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,...
₹20 Lakh Crore Credit Boost Announced for MSMEs
The Union Budget 2025 has unveiled a ₹20 lakh crore credit allocation aimed at bolstering India's Micro, Small, and Medium Enterprises (MSMEs) sector. This...
