News

SEZ import relief to fast track chip projects

India’s semiconductor manufacturing sector is set for a major boost. New rules exempt imports for Special Economic Zones from quality checks. This will speed up the setup of chip fabrication plants and assembly units. Companies can now import necessary equipment and materials without delays. Compliance with Indian standards will only be required when products enter the domestic market.

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India achieves historic progress in economy, infra under 12 years of PM Modi-led transformative governance

The electronics sector exemplifies this transformation. Exports surged eightfold from Rs 0.38 lakh crore to Rs 3.3 lakh crore, while production expanded six times to Rs 11.3 lakh crore. Mobile phone exports alone skyrocketed 163 times, from a modest Rs 0.016 lakh crore in 2014 to Rs 2.6 lakh crore in 2026. This boom, driven by the “Production Linked Incentive” scheme and semiconductor investments worth Rs 1.64 lakh crore, has created more than 25 lakh jobs and positioned India as global manufacturingHub

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A public goods pivot for Karnataka

We stand at an important juncture in the economic and political trajectory of Karnataka. A new chief minister takes office, opening a window to revisit the state government’s policy strategy. The objective of state policy is to maximise the welfare of the people. This requires an objective assessment of the present situation, identifying constraints, and formulating a coherent strategy for the coming years.

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India can take the lead in applying AI in industries: SAP CEO Christian Klein

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.

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TCS will have as many AI agents as employees

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.

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Securing India against the threat of a ‘Mythocalypse’

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

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