MeitY to Introduce Voluntary Ethics Code for AI Firms by 2025 The Ministry of Electronics and Information Technology (MeitY) is developing voluntary ethical guidelines for artificial intelligence (AI) and generative AI organizations in India, focusing on large language models (LLMs)…

India Leads Global AI Adoption with 30% of Companies Leveraging AI: BCG Report India is emerging as a leader in artificial intelligence (AI) adoption, with 30% of companies leveraging AI to maximize value, surpassing the global average of 26%, according…

Semiconductor Chip Manufacturing Unit to be Established in Mysuru’s Kadakola Mysuru is set to become a hub for high-tech semiconductor production as a new chip manufacturing unit will be established in Kadakola. This significant development was announced by Ashok, CEO…

Apple Exports $6 Billion in India-Made iPhones, Shifts Away from China In a strategic pivot, Apple has exported nearly $6 billion worth of iPhones manufactured in India, marking a significant departure from its traditional reliance on China. This move comes…

Nvidia Proposes Joint Chip Development with India to Harness Semiconductor Talent Nvidia’s CEO, Jensen Huang, has proposed a collaboration with India to co-develop a semiconductor chip, leveraging the country’s robust design talent. The idea emerged during a meeting between Prime…

India Aims for 500 GW Renewable Energy by 2030 with National Electricity Plan India has set an ambitious target of achieving 500 GW of renewable energy capacity by 2030 and over 600 GW by 2032 through its newly unveiled National…

Foxconn to Invest Rs 424 Crore in Semiconductor Joint Venture with HCL Group In a significant development, Taiwan’s Foxconn, the world’s largest electronics contract manufacturer and a key supplier for Apple, has agreed to invest up to Rs 424 crore…

Ford Eyes Re-entry into Indian Market with EV Manufacturing in Tamil Nadu Ford Motor Co. is in discussions to manufacture electric vehicles at its plant in Tamil Nadu as part of its re-entry into the Indian market, three years after…

JSW Group Denies Withdrawal of Rs 40,000 Crore EV Project from Odisha Amid speculations of shifting its electric vehicle (EV) project from Odisha to Maharashtra, JSW Group has clarified that it is not withdrawing from its Rs 40,000 crore investment…

India Urged to Forge Partnerships with Taiwan and Japan to Boost Semiconductor Ecosystem: Report India should deepen its collaborations with Taiwan and Japan to strengthen its semiconductor industry, according to a report by Elara Securities. The report notes Taiwan’s dominance…