Tag: PLI

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...
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Appliances Industry Seeks Second PLI Round

The appliances and consumer electronics (ACE) industry has called on the government to introduce a second round of the Production-Linked Incentive (PLI) scheme, targeting...

Obesity and Diabetes Treatment: India’s PLI Scheme on the Horizon

The fight against obesity and diabetes in India is set to receive a significant boost with the potential introduction of a production-linked incentive (PLI)...