News

Karnataka receives INR 1.53 lakh crore in fresh investment proposals after global investors meet

DOE & GOK, News /

Karnataka has attracted fresh investment proposals worth INR 1.53 lakh crore in the months following its Global Investors Meet, reflecting continued investor interest beyond the event. The proposals span manufacturing, renewable energy, data centres, global capability centres, electronics, aerospace, and food processing. Several global and domestic companies have outlined plans across Bengaluru and other districts. These proposals are separate from the commitments announced at the investors meet and will be routed through Karnataka Udyog Mitra for approvals, indicating steady progress in the state’s industrial investment pipeline.

Karnataka receives INR 1.53 lakh crore in fresh investment proposals after global investors meet Read More »

Budget FY27: Chip Industry Calls For Focus On Domestic Demand, R&D Tax Breaks And Faster Payouts

KDEM, News /

“India is on a trajectory from ‘Assembled in India’ to ‘Make in India’ and ‘Invented & Made in India’,” said Sanjeev Gupta, CEO of Karnataka Digital Economy Mission. “To truly unlock the USD 300 billion electronics vision by 2030, this Budget must incentivise creation of intellectual property by Indian companies.”Gupta urged the government to introduce a 200 per cent weighted tax deduction on R&D expenditure for the ESDM sector and expand the Design Linked Incentive (DLI) scheme by increasing its fiscal cap fourfold, from Rs 15 crore to Rs 60 crore, for strategic deep-tech startups.“To get the 200 per cent tax break or the Rs 60 crore DLI, the government can mandate that the primary patent must be filed in India and the intellectual property must be owned by an Indian-incorporated entity,” Gupta said, adding that such conditions could also encourage multinational firms to establish Indian IP-holding subsidiaries.

Budget FY27: Chip Industry Calls For Focus On Domestic Demand, R&D Tax Breaks And Faster Payouts Read More »

The flat future of careers: Skills are replacing hierarchies

GCC, News /

For years, careers inside large organisations followed a familiar route:

enter at the bottom, climb rung by rung, collect titles, and gain authority with tenure.

With that pathway now being an old story, firms are looking at a flatter and skill-led model of work, where careers are defined less by hierarchy and more by the ability to solve hard problems alongside newer technologies.

The flat future of careers: Skills are replacing hierarchies Read More »

Global industry sees India as reliable supply-chain partner: Ashwini Vaishnaw in Davos

ESDM, News /

Union Minister Ashwini Vaishnaw on Tuesday said India is building a complete semiconductor ecosystem, and the global industry sees the country as an increasingly reliable supply-chain partner.

In a post on X, Vaishnaw was seen holding meetings at the World Economic Forum (WEF) in Davos.

He said, “Bharat is building a complete semiconductor ecosystem covering design, fabrication, packaging, materials, gases and equipment.”

Global industry sees India as reliable supply-chain partner: Ashwini Vaishnaw in Davos Read More »

AI, chip manufacturing to create new jobs by 2030: MeitY Secretary

Cybersecurity & AI, News /

India’s electronics sector is set for a jobs boom by 2030. Artificial intelligence and new semiconductor manufacturing units will create millions of new roles. While some coding jobs may shift, application development will rise. The electronics industry is projected to hire nearly 4.5 million individuals. India aims to become a top semiconductor manufacturing nation, with commercial production starting soon.

AI, chip manufacturing to create new jobs by 2030: MeitY Secretary Read More »

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