Taiwan, India to sign pact on migration
According to a report on September 27, Taiwan and India are considering a deal to make it easier for Indian employees to migrate to Taiwan in order to ease the labour shortage in important East Asian island sectors.
The sources told Hindustan Times that the agreement might be signed as early as the first week of the following month and that a draft memorandum of understanding (MoU) had been agreed following discussions between the two parties.
According to the sources, Taipei is looking to New Delhi for assistance in finding employees for critical industries like manufacturing, including factories, construction projects, domestic labour, and agriculture and fisheries.
Editor’s Note: This is good news indeed considering the demographic dividend that India has and also the skilled manpower available in India. Working at either geographies will also lower the cultural divide that can boost many Taiwan India collaboration.
Google and HP collaborate to produce Chromebook computers in India
HP and Google have partnered with Google to produce Chromebooks in India in support of the Make in India initiative.
This partnership, according to a press release, aims to advance a shared objective of improving the state of digital education in India by giving educational authorities, schools, and institutions access to affordable, secure, high-quality computing devices and empowering more students to enhance their educational experiences.
The Chromebook devices will be made at the Flex Facility, close to Chennai, where HP has been making various laptops and desktops since August 2020. HP Chromebooks will begin to be produced on October 2, 2023.
India exceeds Japan and the UK in terms of mobile speed ranking
According to Ookla, India has outperformed developed countries like the UK and Japan in terms of mobile speed. With the introduction of 5G services, India’s speed performance increased by 3.59 times. Mobile download speeds have increased dramatically thanks to 5G, moving India up 72 spots to position 47 in the Speedtest Global Index, ahead of countries like Brazil, Japan, and the UK.
Along with the G20 nations, including Mexico (90th), Turkey (68th), the UK (62nd), Japan (58th), Brazil (50th), and South Africa (48th), India also ranks higher than its neighbors Bangladesh, Sri Lanka, and Pakistan.
Editor’s Note: This is definitely a good news for industries that wish to bring their solutions and service to India as most of the digital solutions can work efficiently on a faster network.
Electronics industry body proposes PLI scheme for non-semiconductor sectors
According to reports, the government has been asked by the electronics industry’s trade group Electronic Industries Association of India (ELCINA) to create a production-linked incentive scheme for the industry’s non-semiconductor or computer chips, which is heavily reliant on imports.
According to a survey by the ELCINA, the country’s overall market for electronic components was anticipated to be worth roughly USD 39 billion, with imports covering 68% of the country’s needs in 2021–22.
Atul B. Lall, the new president of the organization, said during a speech at the 48th ELCINA Award Ceremony that the government’s scheme for devices has been extremely effective and that the incentive scheme for the semiconductor sector is gaining a lot of traction and that investments have begun to flood in.
MyGov CEO Akash Tripathi to lead India Semiconductor Mission
According to reports, Akash Tripathi, the chief executive of the Centre’s citizen engagement platform MyGov, will take over as CEO of the India Semiconductor Mission (ISM) on October 9th.
ISM functions as an independent, specialized division under the Digital India Corp. The ministry of electronics and information technology established it in 2021 with a financial commitment of $10 billion. Its main goal is to strengthen the semiconductor and display ecosystem and to position India as a major global hub for electronics manufacturing and design.
The ISM selects applicants qualified for subsidies after reviewing proposals to establish semiconductor manufacturing in India.
Several Chinese vendors left the GeM platform: Official
Government officials have stated that the Government e-Marketplace (GeM), the government’s online platform for public procurement, has “weeded out” several sellers after it was determined through the examination of the shareholding patterns of the organizations that they were from China.
Additionally, GeM will soon introduce its updated lending scheme, GeM Sahay 2.0, which will enable sellers to receive a collateral-free loan of up to 10 lakh upon acceptance of an order on the GEM platform. According to GeM CEO PK Singh, it wants to accomplish so by enlisting PSU banks at competitive loan rates that might be as low as 10%.
Editor’s Note: The Government e Marketplace (GeM) is an online platform for public procurement in India. The initiative was launched by the Ministry of Commerce and Industry, Government of India with the objective to create an open and transparent procurement platform for government buyers.
2 billion USD to be invested by SOLIS-IDC to build a data center
Technology behemoth SOLIS-IDC of South Korea has made a landmark move by announcing its intention to invest USD 2 billion in India to build a cutting-edge data center. For this ambitious attempt within the Indian market, the company has chosen the Global Forum for Policy and Strategy (GFPS) Advisory to facilitate negotiations and representations.
The fact that SOLIS-IDC chose to invest this much money in India is a tribute to the nation’s developing IT sector, expanding digital economy, and rising need for data processing and storage capacity. Once operational, the data center is anticipated to serve a range of industries, including fintech, cloud computing, and e-commerce.
High-performance servers, data storage systems, and data management services are just a few of SOLISIDC’s cutting-edge technological offerings. The company’s choice to invest in India is anticipated to have significant effects on the nation’s digital ecosystem due to its significant influence in the international tech sector.
Editor’s Note: Due to a flourishing digital economy, broad internet access, and the switch from 4G to 5G networks, India’s data center industry is expected to grow. To guarantee unbroken internet access, data security, and cloud computing, the government is giving dependable data center infrastructure top priority. Incentives have been implemented to promote investments, and a draft policy is in place. Data localization is required by growing regulatory frameworks, which will affect demand in the data center business. This will be an opportunity for Taiwanese Data Center solution companies.