SAP CEO Christian Klein believes India can lead in applying AI to industries like manufacturing and finance, rather than just replicating large language models. He emphasised workforce transformation and sees India’s talent, infrastructure investment, and government support as key to its continued tech powerhouse status amidst global AI shifts.
TCS chairman N Chandrasekaran said the IT industry will no longer hire at the scale seen over the past two decades as artificial intelligence takes over parts of traditional work, signalling a structural shift for India’s $315-billion technology sector. “The company will not be hiring the kind of numbers it used to hire,” Chandrasekaran said at TCS’s 31st annual general meeting held virtually on Tuesday.
When it comes to Artificial Intelligence (AI), the United States is about six months ahead of the rest of the world. Within the U.S., Silicon Valley is six months ahead of New York, and within Silicon Valley, frontier AI companies are six months ahead of everyone else. Simple maths reveals where India stands vis-à-vis the AI frontier
Reliance Industries shares are expected to remain in focus on Wednesday after global technology giant Meta Platforms announced a major expansion of its strategic partnership with Reliance Industries through an agreement to develop an AI-enabled data center in India.The project marks a significant milestone in India’s growing artificial intelligence and digital infrastructure landscape. Under the agreement, Reliance will build a state-of-the-art data center in Jamnagar, Gujarat, with an initial capacity of 168 MW, which Meta will lease with options for future expansion.
Karnataka’s push to expand economic growth beyond Bengaluru is gaining traction, with entrepreneurs, businesses and government initiatives increasingly creating opportunities in tier-II and tier-III cities across the state.City & Local GuidesA notable example is Goutam Bengle, co-founder of Alt Digital Technologies, who returned to his native village in Uttara Kannada district during the Covid-19 pandemic and began working remotely. He later established a company office in neighbouring Vaddinakoppa, creating jobs for local residents while serving international clients.
JSS Technical Education Division director and Pro-Chancellor of JSS Academy of Higher Education & Research (JSS AHER), B Suresh, emphasised the importance of innovation-driven education.
As India’s GCC boom gathers pace, IT services companies are embracing the Build-Operate-Transfer (BOT) model to create new revenue streams, helping multinational clients set up and scale captive centres even as such centres compete with traditional outsourcing businesses.
Describing startups as a key pillar of Punjab’s future economic growth, Chief Minister Bhagwant Mann on Tuesday said his government is committed to ensuring that no promising idea is abandoned due to a lack of financial support
After gaining independence, it took India 60 years to reach USD 1 trillion Gross Domestic Product (GDP). In 2014, India was a USD 2 trillion economy. It swiftly reached USD 3 trillion and then USD 4 trillion. If the country maintains this pace, India will become a USD 5 trillion economy in the next two years. In fact, according to the World Bank, India has now become the second-largest contributor to the world’s GDP
The current information technology law was framed much before the rapid emergence of Artificial Intelligence (AI), Union Minister Ashwini Vaishnaw said on Tuesday, adding that he believes a new legal framework may be required to deal with the changing landscape.
The financial services industry is undergoing a profound transformation. Rapid technological advancements, changing consumer expectations, and the rise of fintech innovation are reshaping the way financial institutions operate and engage with customers. In this dynamic environment, creating meaningful collaboration between established financial institutions and emerging fintech innovators has become more important than ever.
India is now the world’s largest GCC hub, with more than 2,100 centres employing 2.36 million people and generating nearly $100 billion in revenue, a 2026 Nasscom-Zinnov report said, adding the “workforce remains India’s greatest strength.”
BEFORE we dive into the nitty-gritty, let’s look at some numbers that tell the tale of India’s start-up revolution. India is now home to over two lakh starts, making it the third-largest start-up ecosystem globally, trailing only the US and China. The unicorn club (starts valued at over $1 billion) has witnessed rapid growth. India has birthed over 130 unicorns to date, with new ones popping up faster than you can say “funding round
India Semiconductor Mission (ISM), under the Ministry of Electronics and Information Technology, has recently announced the “Investor Support” portal for domestic and global investors seeking opportunities in India’s semiconductor sector.
India’s position as the world’s fifth-largest equity market is coming under pressure as Taiwan, riding a blistering artificial intelligence-led rally in semiconductor stocks, closes in rapidly on Indian market capitalisation amid domestic concerns over slowing earnings growth and economic uncertainty from an extended West Asia conflict.
India’s ambitions within semiconductors are moving beyond manufacturing incentives and official statements. Although most discussions have centered around fabrication facilities, government grants, and supply chain diversifications, there is another aspect to the story, which is being realized through the network of GCCs in India.
Karnataka aims to lead in AI-driven public governance by empowering civil servants and citizens with AI awareness, while ensuring ethical and inclusive technology adoption. The state supports AI innovation that aligns with national goals and its own strategic priorities.
Global companies expect AI to accelerate the creation of new products and intellectual property at their Indian technology hubs, underlining the country’s growing role as an innovation base even as the futuristic technology reshapes work.
Executives from Publicis Groupe’s Epsilon, Kimberly-Clark and Daimler Truck told Reuters automation is helping staff at their global capability centres move beyond routine tasks, focusing instead on more complex work and building proprietary technology.
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Read MoreTechnology startups raised $7.2 billion across 652 equity funding rounds between January...
Read MoreFormer Infosys Chief Executive Officer (CEO) and Executive Board Member at SAP...
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Read MoreGermany is emerging as a preferred destination for higher education and career...
Read MoreKarnataka ministers Priyank Kharge and Sharan Prakash Patil have said the state...
Read MoreIndia's semiconductor mission reached a major milestone as Prime Minister Narendra Modi...
Read MorePrime Minister Narendra Modi on Sunday highlighted the role of young workers,...
Read MoreIndia's semiconductor journey will take a significant turn by the year-end as...
Read MoreAshok Chandak, President IESA, remarked: “The commencement of commercial production at CG...
Read MoreIndia’s startup story has a new address. Bengaluru has officially emerged as...
Read MoreBengaluru has emerged as India's premier hub for young entrepreneurs, with 21...
Read MoreBharat's Hub for Agritech, Resilience, Advancement and Incubation for Export Innovation (...
Read MoreTechnology startups raised $7.2 billion across 652 equity funding rounds between January...
Read MoreFormer Infosys Chief Executive Officer (CEO) and Executive Board Member at SAP...
Read MoreKarnataka is considering a new framework that could enable the government to...
Read MoreAs AI shifts traditional career paths and professionals increasingly look for guidance,...
Read MoreGermany is emerging as a preferred destination for higher education and career...
Read MoreKarnataka ministers Priyank Kharge and Sharan Prakash Patil have said the state...
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