IT industry body Nasscom on Friday said that India and US are embarking on a journey to make the decade a remarkable era of technologyled advancement, with strengthening of their bilateral ties.
According to R Chandrashekhar, former telecom secretary and former president of NASSCOM, Prime Minister Modi s visit to the US signifies that the US is choosing India as its partner. The joint statement reflects the depth, breadth, and intensity of their technology cooperation, which encompasses defense and clean energy.
GroupIB, a Singaporebased cybersecurity firm has released a report where it revealed that as many as 101,134 accounts have been hacked. The report mentioned, The number of available logs containing compromised ChatGPT accounts reached a peak of 26,802 in May 2023.
They have committed themselves to developing joint and international collaboration on trustworthy and responsible AI, including generative AI, to advance AI education and workforce initiatives, promote commercial opportunities, and mitigate discrimination and bias. Industry body Nasscom has welcomed the new tech partnership between India and the US.
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Al Sayegh noted the importance of the Joint Committee meeting to explore new opportunities to increase economic growth and prosperity and expand the constructive partnership to elevate cooperation between the two countries.
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In this context, software development, a key component of the Indian tech industry, has experienced remarkable growth, cementing its position as a global IT powerhouse. According to NASSCOM trade association, India’s software and services exports to reach Rs146 billion during 2020-2021.
All the schemes or incentive programmes will get investments in new technologies and slowly and steadily more companies are looking at India. India is becoming a preferred destination. We will soon catch up. It is going to be the Indian century.
With the BJP yet to elect its Leader of Opposition in the Assembly, the industrialists might have opted to approach Kumaraswamy to take up the issue with the Siddaramaiah government. A delegation of about 57 members, led by Director General of the Confederation of Indian MSME in ESDM and IT, Jairaj Srinivas, appealed to Kumaraswamy to intervene in the matter.
Apart from Micron, Applied Materials, the world’s leading maker of precision equipment, has announced its intent to invest more than Rs400 million to set up a collaborative engineering centre in Bengaluru. The company plans to develop subsystems and components used for semiconductor manufacturing, apart from developing talent for thesemiconductor industry.
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