As of FY2023, India was home to more than 1,580 GCCs (housing over 1.66 million professionals), with a total market size of $46 billion, growing at a CAGR of 11.4 per cent, according to the Nasscom Zinnov report.
This is important as, despite the higher initial cost, the total cost of ownership (TCO) of a 4wheeler EV is much cheaper than that of ICE counterpart. According to a NASSCOM report, for a period of 10 years, TCO is INR 3.78 per Km cheaper for an EV than that of an ICE counterpart. For 3W, ICE is 60% costlier for the same period.
Semiconductors facilitate the development of highspeed, efficient EV chargers, making EV adoption more convenient. .Semiconductors play a vital role in managing lithiumion batteries in EVs, enhancing battery life and energy efficiency while reducing waste.
Reliance Industries has begun exploring a foray into semiconductor manufacturing, a move that could address its supply chain needs and cater to growing chip demand in India, according to a Reuters report.
In addition, escalating trade tensions between the US and China have seen China restricting exports of gallium and germaniummetals crucial to semiconductor manufacturingand the US prohibiting Chinese investment in sensitive sectors such as computer chips and other technology sectors.
The Indian and US governments have partnered to set up an IndiaUS Global Challenge Institute, which aims to further collaborations between the premier research higher education institutions of the two countries in key areas such as sustainable energy, pandemic preparedness, Artificial Intelligence (AI), semiconductor technology and quantum science, among others.
Reliance Industries is said to have begun exploring the possibility of finding a partner for semiconductor manufacturing. According to a report, the oiltotelecom conglomerate is in early talks with foreign chipmakers for a technology partner.
Reliance Industries is considering to enter the semiconductor manufacturing industry. It s a move to meet its supply chain needs and meet India s rising demand for semiconductors. According to sources, the company began discussions with global chipmakers regarding partnerships.
At the same time, we still see Taiwan as indispensable and irreplaceable, Hsiao said in an interview on Bloomberg Television with Annmarie Hordern and Joe Mathieu. It s taken us decades to build the ecosystem that fosters the environment for very competitive production of semiconductor chips.
Vietnam also wants to construct its own chip manufacturing facilities or fabs. Making integrated circuits on wafers for use in automobiles, smartphones, and other applications is a specialty of GlobalFoundries. Electronics and smartphones are two key exports from Vietnam.
In emerging cities, businesses enjoy a 2530 percent cost advantage in talent pool costs and a striking 50 percent lower real estate rental compared with mature hubs. This economic advantage makes these cities an attractive choice for growth without having to loosen the purse string much.
Income tax officials can seek details about ITRs filed by startup investors to ascertain if the amount invested is commensurate with the income shown in their personal ITRs, the I-T department has said.
The Karnataka government s scheme to provide Rs 3 lakh financial assistance to minority community for purchasing taxi or goods vehicles has created a controversy. Bengaluru: The Karnataka government s scheme to provide Rs 3 lakh financial assistance to minority community for purchasing taxi or goods vehicles has created a controversy.
The Karnataka government s initiative to offer a financial assistance package of Rs 3 lakh to members of the minority community for the purchase of taxis or goods vehicles has ignited a political controversy. Union Minister for State for Entrepreneurship.
Karnataka Chief Minister Siddaramaiah on Saturday said that Prime Minister Modi has not responded to the request of meeting an all party delegation from the state which had sought Modi s time to deliberate between Tamil Nadu and Karnataka over the Cauvery dispute.
For representation Income tax officials can seek details about ITRs filed by startup investors to ascertain if the amount invested is commensurate with the income shown in their personal ITRs, the IT department has said.
KDEM CEO Sanjeev Gupta chats with DH’s Shruthi H M Sastry to give a peek into their endeavour. Can you explain the concept of ‘democratisation of entrepreneurship’ We aim to foster a level-playing field for aspiring entrepreneurs, enabling them to thrive regardless of their location, background or gender.
Arete, a leading global cyber risk management company, received the prestigious title of Cybersecurity Company of The Year at the inaugural BW Security World Conclave & Excellence Awards.
BD Soft, a renowned value added IT security distributor, has solidified a transformative partnership with Zaperon, a cutting edge Zero Trust Security solution, that revolutionises cybersecurity by safeguarding against cyberattacks.
The existential need for DeFi projects to be regulatory compliant and the recent integrations and legal developments have led to a surge in interest for Blockpass’ On-Chain KYC(R), the only live zero knowledge solution for Crypto KYC, and Un hosted Wallet KYC solution finally enabling blockchains and DeFi platforms to have a compliance layer.
Cybersecurity researchers have discovered a new malware campaign that targets Mac users through malicious ads for Google searches, tricking them into installing the “Atomic Stealer (AMOS)” malware, a new report has said.
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Read MoreBangalore-based deep-tech startup AGNIT Semiconductors raised $2.6 million in a seed extension...
Read MoreIndia's plan to bring four semiconductor facilities into commercial production in 2026...
Read MoreIndia's strategic deficit lies not in mineral availability, but in refining and...
Read MoreThis new capital injection is designed to expand upon the initial ₹76,000...
Read MoreAs the Progressive Punjab Investors’ Summit 2026 entered its second day, showcasing...
Read MoreThe minister stated that the country is steadily moving towards its 10-year...
Read MoreSushanth Brahmavar an entrepreneur and vegetable Merchant from the city of udupi...
Read MoreMany artificial intelligence startup ideas are still little more than superficial “wrappers”...
Read MoreThe Karnataka government proposes to set up incubation centres across emerging technology...
Read MoreArguing that the 2026-27 Union Budget is a Yuva Shakti-based Budget, the...
Read MoreUnion Minister of Commerce and Industry Shri Piyush Goyal today urged medtech...
Read MoreKarnataka ministers Priyank Kharge and Sharan Prakash Patil have said the state...
Read MoreApple is set to launch its first-ever Apple Education Hub in India,...
Read MoreIndia has trained over 67,000 semiconductor engineers in four years as the...
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