Singapore-based Hillhouse Investments has launched TeraNova DC, a dedicated data-centre platform that plans to invest $12 billion to $15 billion in India by 2032. With a target of more than 2 gigawatts (GW) of capacity, the platform is set to become one of the largest announced data-centre programmes in the country.
TeraNova DC will focus on hyperscale and AI-ready infrastructure. Its proposed locations are Maharashtra,...
Tech Mahindra’s profit after tax (PAT) rose 23.2% year on year to $166 million in the second quarter of FY27. The company won $1.023 billion in new deals in the quarter, up 25.4% from a year earlier. Deal wins over the past 12 months rose 34.8% from the same period a year before. On the earnings call, CEO and Managing Director Mohit Joshi said...
India’s renewable energy transition continues to accelerate, with the Ministry of New & Renewable Energy (MNRE) reiterating its commitment to expanding domestic solar manufacturing...
Dixon Technologies has applied for government approval to partner with Chinese firm HKC for setting up a display module manufacturing unit in Noida. The...
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 solar photovoltaic (PV) module manufacturing capacity is set to rise to 125 gigawatts (GW) by 2030, Union Minister for New and Renewable Energy...
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...
India’s Production Linked Incentive (PLI) scheme for telecom and networking products has delivered major results since its launch by the Department of Telecommunications (DoT)...
India’s electronics industry is on track to become the largest manufacturing sector globally, with the government setting an ambitious target of $500 billion in...
The Production Linked Incentive (PLI) Scheme for specialty steel has attracted investment commitments of ₹27,106 crore, the government informed Parliament on Friday. Out of...