Weekly News Updates: Sept 18- Sept 24

JSW Group Denies Withdrawal of Rs 40,000 Crore EV Project from Odisha
JSW
集團否認撤回奧迪薩邦 40,000 億盧比的電動車計畫

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 plan in the state. Ranjan Nayak, Executive Vice-President of Corporate Strategy at JSW Steel, stated that the reports were inaccurate. Odisha’s Industries Minister Sampad Chandra Swain also confirmed the company has not notified the state government of any relocation plans, emphasizing that the government is in active discussions with JSW to push the project forward.

JSW signed an MoU with the Odisha government in February for an integrated EV and components manufacturing project. The proposal includes a Rs 25,000 crore investment in Cuttack for EV and battery manufacturing, along with a Rs 15,000 crore copper smelter and lithium refinery at Paradip. Uncertainty arose after Maharashtra cleared similar proposals from JSW in July. However, state officials are moving forward, having decided to start boundary wall construction at the identified project site in Naraj, Cuttack, despite delays in land allotment.

https://www.newindianexpress.com/states/odisha/2024/Sep/25/jsw-group-denies-shifting-rs-40k-crore-ev-project-from-odisha#:~:text=Executive%20vice%2Dpresident%20(corporate%20strategy,told%20The%20New%20Indian%20Express.

小編點評:JSW 集團否認了從奧迪薩邦撤回 4,000 億盧比電動車投資的傳言,並確認仍致力於這項投資。儘管馬哈拉施特拉邦批准類似計畫後出現猜測,奧裡薩邦官員仍在繼續進行準備工作,包括開始在克塔克建造邊界牆。

PM Modi Engages with Top US Tech CEOs, Discusses AI and Semiconductors
莫迪總理與美國頂尖科技執行長交流,討論人工智慧和半導體

Prime Minister Narendra Modi met with the CEOs of major US tech companies in a roundtable at the Massachusetts Institute of Technology (MIT) on September 22. Executives from leading firms, including Nvidia’s Jensen Huang, Alphabet’s Sundar Pichai, Adobe’s Shantanu Narayen, and AMD’s Lisa Su, participated in discussions focused on artificial intelligence (AI), semiconductors, biotechnology, and emerging technologies. Modi highlighted India’s advancements in these sectors, emphasizing the country’s commitment to ethical AI development and protection of intellectual property.

The meeting aimed at attracting investments in India’s tech ecosystem, with the Prime Minister urging companies to collaborate on co-developing and co-producing innovations in India for global markets. The tech CEOs expressed strong interest in partnering with Indian startups and acknowledged the potential for synergy in developing new technologies. PM Modi underscored India’s growing role in the global technology landscape, encouraging further collaboration and investment.

https://inc42.com/buzz/pm-modi-meets-top-us-tech-ceos-asks-them-to-make-in-india

小編點評:9 22 日,印度總理莫迪 (Narendra Modi) 在麻省理工學院與美國頂尖科技公司執行長進行交流,討論人工智慧、半導體和生物技術等關鍵領域。莫迪強調了印度在人工智慧道德方面的進步和承諾,敦促高層投資並與印度新創公司合作,共同開發針對全球市場的創新產品。執行長們對合作表示了濃厚的興趣,並認同印度作為全球技術領域不斷增長的參與者的潛力。

India Signs Landmark Agreements under Indo-Pacific Economic Framework for Clean and Fair Economy
印度在印太經濟框架下簽署具有里程碑意義的潔和公平經濟協議

India has signed groundbreaking agreements focused on the Clean Economy and Fair Economy under the Indo-Pacific Economic Framework (IPEF) for prosperity. These agreements, signed in Delaware, USA, on September 21, 2024, in the presence of Prime Minister Narendra Modi, aim to foster development, access, and deployment of clean energy technologies and bolster climate-friendly efforts. The Clean Economy Agreement promotes technical cooperation, investment, and capacity building, particularly for MSMEs, and aims to integrate Indian companies into global value chains, supporting energy security and emission reductions.

The Fair Economy Agreement focuses on improving tax transparency, combating corruption, and enhancing cross-border cooperation. It aims to create a predictable trade and investment environment in the Indo-Pacific region, supporting India’s efforts against corruption and financial crimes. The overarching IPEF agreement establishes a ministerial-level oversight mechanism, ensuring the implementation of these agreements while promoting India’s integration into global supply chains and fostering innovation, in line with its Atmanirbhar Bharat initiative.

https://pib.gov.in/PressReleasePage.aspx?PRID=2057489#:~:text=India%20signed%20and%20exchanged%20the,on%203%2Dday%20visit%20to

小編點評:印度在印度太平洋經濟框架(IPEF)下簽署了具有里程碑意義的潔淨和公平經濟協議,旨在推動潔淨能源技術並加強氣候友善措施。這些協議於 2024 9 21 日在美國德拉瓦州簽署,重點關注中小微型企業的技術合作和投資,同時促進稅收透明度和打擊腐敗,以創造穩定的貿易環境。 IPEF 框架建立了部長級監督機制,確保有效實施並支持印度融入全球供應鏈,作為 Atmanirbhar Bharat 倡議的一部分。

India Rises to Tier 1 in Global Cybersecurity Index 2024, Recognized as a ‘Role-Model’ Nation
印度在 2024 年全球網路安全指數中升至第一級,被視為「榜樣」國家

India has achieved Tier 1 status in the Global Cybersecurity Index (GCI) 2024, marking a significant milestone in its cybersecurity journey. With a score of 98.49 out of 100, India now ranks among the top ‘role-model’ nations for cybersecurity, according to the International Telecommunication Union (ITU). This achievement reflects India’s commitment to global cybersecurity standards, driven by the Department of Telecommunications (DoT). Communications Minister Jyotiraditya Scindia celebrated the milestone, highlighting it as a testament to India’s robust telecom sector and comprehensive cybersecurity initiatives.

India’s success in the GCI 2024 is underpinned by strong legal frameworks, advanced cybersecurity standards, and the establishment of Computer Incident Response Teams (CSIRTs) to handle cyber threats. The nation’s approach also includes integrating cybersecurity into educational curricula and public awareness campaigns to promote safe online practices. With ongoing international collaborations and skill development programs, India continues to drive innovation and capacity-building in the field, reinforcing its leadership in global cybersecurity efforts.

https://www.ibef.org/news/india-achieves-tier-1-status-in-global-cybersecurity-index-2024#:~:text=India%20has%20achieved%20a%20major,International%20Telecommunication%20Union%20(ITU).

小編點評:印度在 2024 年全球網路安全指數 (GCI) 中獲得了 1 級地位,得分為 98.49 分(滿分 100 分),並被國際電信聯盟認可為「榜樣」國家。這一里程碑反映了該國強大的法律框架、先進的網路安全標準以及整合網路安全教育的舉措,展示了印度對全球網路安全卓越的承諾。

India’s AI Growth Faces Legal Hurdles Amid Data Privacy Concerns
由於資料隱私問題,印度的人工智慧成長面臨法律障礙

As companies across sectors, including IT firms, banks, and cloud providers, embrace generative artificial intelligence (GenAI), concerns are mounting about potential conflicts with India’s Digital Personal Data Protection (DPDP) Act. Industry executives have revealed that businesses are seeking legal advice to ensure compliance, particularly regarding the use of personal data for training AI models without sufficient transparency or consent. Experts warn that such practices may violate the DPDP Act’s principles of lawful consent, fairness, and transparency, creating legal risks for non-compliant companies.

The DPDP Act, enacted in August 2023, protects individuals’ personal data while permitting lawful processing. Legal experts have expressed concerns that using publicly available data for training AI models without proper consent could infringe on privacy and copyright laws. Joebin Devassy, senior partner at Desai & Diwanji, noted that while GenAI can autonomously generate and process data, proving violations in court can be complex. As companies innovate with AI, they must navigate the legal landscape to avoid significant liabilities.

https://economictimes.indiatimes.com/tech/artificial-intelligence/indias-ai-strides-run-into-privacy-law-headwinds/articleshow/113500325.cms?from=mdr

Editor’s Note: As companies increasingly adopt generative artificial intelligence, concerns are rising over potential conflicts with India’s Digital Personal Data Protection (DPDP) Act, prompting businesses to seek legal advice on compliance. Experts warn that using personal data for AI model training without adequate transparency or consent could violate the DPDP Act, leading to significant legal risks for non-compliant companies.

小編點評:隨著企業開始採用生成式人工智慧,人們越來越擔心與印度數位個人資料保護(DPDP)法案的潛在衝突,促使企業與專家尋求法律建議。專家警告說,在沒有足夠透明度或未經同意的情況下使用個人資料進行人工智慧模型訓練可能會違反 DPDP 法案,從而給不合法的公司帶來重大法律風險。

Sharp Seeks Indian Partner to Establish Display Manufacturing Facility Under India Semiconductor Mission
夏普尋求印度合作夥伴建立顯示器製造工廠

Japanese tech giant Sharp, backed by Foxconn, is actively seeking an Indian partner to establish a display fabrication plant under the India Semiconductor Mission (ISM). According to sources, Sharp is in advanced discussions with several Indian companies, with an official announcement on the partnership expected by the end of the year. The company is focusing on large displays for the Indian market and aims to leverage its expertise while collaborating with a significant Indian firm to drive the initiative. Industry experts believe this move could help boost Sharp’s market position and capitalize on the rising demand for locally manufactured displays.

Sharp’s entry into India is seen as part of a larger strategy to revitalize its business following financial setbacks. Foxconn, which acquired Sharp in 2016, views this venture as a key opportunity to diversify beyond smartphone manufacturing, aligning with its broader ambitions in sectors such as electric vehicles and ICT. The potential display facility would strengthen Foxconn’s foothold in India, allowing it to expand its production capabilities. Market analysts suggest that Sharp will likely act as a technology partner or enter a joint venture to advance India’s display manufacturing roadmap.

https://www.consultantsreview.com/news/sharp-a-japanese-tech-firm-is-looking-for-indian-partners-to-set-up-a-display-factory-nwid-5028.html

小編點評:在富士康的支持下,日本科技巨頭夏普正積極尋求印度合作夥伴,在印度半導體使命架構下建立顯示器製造廠,預計將於年底正式宣布。該舉措旨在專注於印度市場的大型顯示器,並可以在對本地製造產品的需求不斷增長的情況下增強夏普的市場地位。分析師認為,夏普可能會成立一家合資企業或充當技術合作夥伴,以符合富士康的策略,以實現智慧型手機以外的業務多元化並加強其在印度的業務。