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Centre launches IndiaAI innovation challenge to foster impactful deep tech solutions The IndiaAI Independent Business Division (IBD) -- an independent business division of Digital India Corporation under the Ministry of Electronics and IT (MeitY) -- on Friday announced the IndiaAI Innovation Challenge.  Indian innovators, startups, non-profits, students, academic or research and development organisations, and companies can partake in the innovation challenge. “The challenge is aimed at promoting the scaling and adoption of impactful AI solutions to enable lar...
Centre launches IndiaAI innovation challenge to foster impactful deep tech solutions
Centre launches IndiaAI innovation challenge to foster impactful deep tech solutions
Source: IANS
2024-09-21 09:44:02 am
MeitY launches India Graphene Engineering and Innovation Centre The government on Wednesday launched the India Graphene Engineering and Innovation Centre (IGEIC), a key initiative under the vision towards building a 'Viksit Bharat' in 2047.  According to the government, the centre will help build the graphene ecosystem in the country with startups, small and medium enterprises (SMEs), academia, industry and government, including bilateral collaborations forming part of this global initiative. The non-profit IGEIC will create a hub of ex...
MeitY launches India Graphene Engineering and Innovation Centre
MeitY launches India Graphene Engineering and Innovation Centre
Source: IANS
2024-09-05 09:18:41 am
Centre to train 2,100 tribal students in semiconductor technology The Centre on Thursday said it will provide basic and advanced training to 2,100 tribal students in semiconductor technology over the next three years, as the country aims to create a skilled workforce for chip design and manufacturing.  The Ministry of Tribal Affairs, in collaboration with IISc Bangalore, will provide basic training to 1,500 tribal students and advanced training to 600 tribal students in chip technology. All tribal students who possess a degree in one of the engin...
Centre to train 2,100 tribal students in semiconductor technology
Centre to train 2,100 tribal students in semiconductor technology
Source: IANS
2024-08-08 04:24:25 pm
RBI creating public repository of digital lending apps to curb scams To address the problems arising from unauthorised digital lending apps (DLAs), the Reserve Bank proposes to create a public repository of DLAs deployed by its regulated entities to help consumers verify a digital lender, RBI Governor Shaktikanta Das announced on Thursday.    "The regulated entities (REs) will report and update information about their DLAs in this repository. This measure will help the consumers to identify the unauthorised lending apps," Das explained. ...
RBI creating public repository of digital lending apps to curb scams
RBI creating public repository of digital lending apps to curb scams
Source: IANS
2024-08-08 01:45:13 pm
MSMEs key to making India a leading electronics manufacturing destination: MeitY Secretary The Micro, Small, and Medium Enterprises (MSME) sector can play a key role in making India a leading electronic manufacturing destination, S. Krishnan, Secretary, Ministry of Electronics and Information Technology (MEITy), said on Wednesday.   In his address at the CII MSME Growth Summit here, he said that this can be achieved by increasing the proportion of domestically manufactured components. "Manufacturing will play a major role in the structural transformation of the Indi...
MSMEs key to making India a leading electronics manufacturing destination: MeitY Secretary
MSMEs key to making India a leading electronics manufacturing destination: MeitY Secretary
Source: IANS
2024-07-11 10:01:43 am
India has deep expertise, scalability to become global player in semiconductor industry: S Krishnan Ministry of Electronics and Information Technology, Secretary, S Krishnan has said India has the talent and deep expertise to become a global player in the semiconductor industry which is a vital sector for the country.   He stated ‘The semiconductor industry is vital for the country and India has the talent, deep expertise and scalability to be a global player. The Government is helping the industry to create the ecosystem to build semiconductors.’ India Electroni...
India has deep expertise, scalability to become global player in semiconductor industry: S Krishnan
India has deep expertise, scalability to become global player in semiconductor industry: S Krishnan
Source: Accord Fintech
2024-07-08 10:30:54 am
Startup Mahakumbh: IT Ministry helps entrepreneurs engage with industry, investors The IT Ministry's innovation pavilion emerged as a hub of innovation and entrepreneurship at the three-day 'Startup Mahakumbh 2024' here as over 40 startups showcased their cutting-edge innovations. The MeitY Startup Hub (MSH) provided a dynamic platform for startups to engage with industry experts, investors and potential partners, fostering valuable connections and opportunities for growth, the Ministry said in a statement on Tuesday. Jeej Vijay, CEO of MeitY Startup Hub, ...
Startup Mahakumbh: IT Ministry helps entrepreneurs engage with industry, investors
Startup Mahakumbh: IT Ministry helps entrepreneurs engage with industry, investors
Source: IANS
2024-03-20 10:04:34 am
'Indian manufacturing sector embracing smart solutions led by advanced tech' The Indian manufacturing sector is embracing smart solutions, with a shift towards automation and cyber-physical systems powered by advanced technologies, experts said on Friday. Nasscom Centre of Excellence (CoE), a Digital India initiative established with support of the Ministry of Electronics and Information Technology (MeitY) and the Government of Gujarat, held a concluding event for their six-week Smart Manufacturing Accelerator Programme (SMAP), in partnership with Capgemini. At ...
'Indian manufacturing sector embracing smart solutions led by advanced tech'
'Indian manufacturing sector embracing smart solutions led by advanced tech'
Source: IANS
2024-03-16 09:12:45 am
Mobile phone manufacturing in India scripts an unmatched success story  The growth of mobile phone production in India over a decade is being described as an unmatched success story in the manufacturing sector. While 78 per cent of all the mobile phones sold in the country in 2014 were imported, about 97 per cent of the mobile phones are now manufactured in India. According to the industry body, India Cellular & Electronics Association (ICEA), mobile phone production, in value terms has surged from Rs 18,900 crore in 2014-15 to an estimated Rs 4.1...
Mobile phone manufacturing in India scripts an unmatched success story
Mobile phone manufacturing in India scripts an unmatched success story
Source: IANS
2024-03-10 02:40:40 pm
IndiaAI Mission: Know all about the 7 key pillars As artificial intelligence (AI) begins to percolate across industries amid privacy concerns, the Cabinet chaired by Prime Minister Narendra Modi has approved the comprehensive national-level IndiaAI Mission with a budget outlay of Rs 10,371.92 crore. By democratising computing access, improving data quality, developing indigenous AI capabilities, attracting top AI talent, enabling industry collaboration, providing startup risk capital, ensuring socially impactful AI projects and bolstering...
IndiaAI Mission: Know all about the 7 key pillars
IndiaAI Mission: Know all about the 7 key pillars
Source: IANS
2024-03-08 11:27:26 am
Government`s ChipIN Centre to provide EDA tools to 85K students to design chips  The government's ChipIN Centre aims to provide access to state-of-the-art electronic design automation (EDA) tools to 85,000 students of B.Tech, M.Tech, and PhD to design semiconductor chips, the Ministry of Electronics & IT (MeitY) said on Thursday. Currently, the ChipIN Centre is engaged with about 10,000 students from 120 academic institutions and 20 startups. While addressing the 4th Semicon India futureDESIGN Roadshow, Union Minister of State for Electronics & IT,...
Government`s ChipIN Centre to provide EDA tools to 85K students to design chips
Government`s ChipIN Centre to provide EDA tools to 85K students to design chips
Source: IANS
2024-03-08 11:11:35 am
India nears record Rs 20 lakh crore worth mobile phone production in last 10 yrs  India is close to achieving the target of Rs 20 lakh crore worth mobile phone production in the last 10 years, while crossing Rs 1.20 lakh crore worth phone exports in the current fiscal year (FY24) -- a whopping 7,500 per cent increase in exports over a decade -- top electronics industry body India Cellular and Electronics Association (ICEA) said on Thursday. The industry had set itself a target of Rs 20 lakh crore worth mobile phone production over the last 10 years (2014-2024). ...
India nears record Rs 20 lakh crore worth mobile phone production in last 10 yrs
India nears record Rs 20 lakh crore worth mobile phone production in last 10 yrs
Source: IANS
2024-03-07 06:11:23 pm
Domestic manufacturing of semiconductors is the next big space: MeitY Secretary Secretary of Ministry of Electronics & Information Technology (MeitY) S Krishnan has said that domestic manufacturing of semiconductors is the next big space and many companies are expected to venture into this segment. He said that a $2 billion digital economy is what India seriously needs. He also said that the digital economy is expected to grow at a faster pace in the next few years. He noted that about 20 lakh people are employed in the electronics manufacturing sector in the country...
Domestic manufacturing of semiconductors is the next big space: MeitY Secretary
Domestic manufacturing of semiconductors is the next big space: MeitY Secretary
Source: Accord Fintech
2024-02-29 01:46:52 pm
`India electronics manufacturing sector to employ 4.5 mn people in next few years` The Indian electronics manufacturing sector currently employs close to 2 million people and the country aspires to take that figure to about 4.5 million in the next few years with initiatives like local chip manufacturing, said S. Krishnan, Secretary, IT Ministry here on Wednesday. During a virtual fireside chat at the 'India Digital Summit' (IDS) 2024, Krishnan said that semiconductor is the next big space for the country to grow. “More companies are likely to come into t...
`India electronics manufacturing sector to employ 4.5 mn people in next few years`
`India electronics manufacturing sector to employ 4.5 mn people in next few years`
Source: IANS
2024-02-28 04:31:37 pm
iCreate, Microsoft, IT Ministry to skill 11K innovators, startups in AI in India Microsoft India and iCreate (the International Centre for Entrepreneurship and Technology) will provide AI skilling opportunities to 11,000 innovators, startups, and youth from across the country via Microsoft's learning management system, it was announced on Wednesday. On completion, the participants will receive globally recognised certifications from Microsoft, providing a boost to their employability and career progression. The announcement was made at the launch of ‘iMPEL...
iCreate, Microsoft, IT Ministry to skill 11K innovators, startups in AI in India
iCreate, Microsoft, IT Ministry to skill 11K innovators, startups in AI in India
Source: IANS
2024-02-22 09:44:25 am
AI startups from Tier 2, 3 cities is PM Narendra Modi`s dream: Union Minister As India sees a spurt in startups in the field of Artificial Intelligence (AI), Prime Minister Narendra Modi has a dream that startups in new and emerging technologies should now come from Tier 2 and 3 cities, Minister of State for Electronics and IT, Rajeev Chandrasekhar, said on Wednesday. These are exciting times for the Indian innovation and startup ecosystem, he said at an event here. “India, during PM Modi’s Government, has seen tremendous innovation and birth of more ...
AI startups from Tier 2, 3 cities is PM Narendra Modi`s dream: Union Minister
AI startups from Tier 2, 3 cities is PM Narendra Modi`s dream: Union Minister
Source: IANS
2024-02-21 02:05:16 pm
Centre working on draft AI regulation framework, to be released soon The government on Tuesday said it is working on to unveil a draft regulatory framework for artificial intelligence (AI) by June-July this year, amid concerns over a rise in deepfakes and user harm associated with the new technology. Addressing a Nasscom event in the Capital, Minister of State for Electronics and IT, Rajeev Chandrasekhar, said the government is working on a draft AI regulation framework and will release it soon. “The aim is to harness AI for economic growth and add...
Centre working on draft AI regulation framework, to be released soon
Centre working on draft AI regulation framework, to be released soon
Source: IANS
2024-02-21 11:42:58 am
India a key player in responsible AI revolution, skilling way to go: IBM`s Sandip Patel  India has a significant stake in the artificial intelligence (AI) revolution and the best part is that the government is very open to partnering with the industry, not only for the advancement of AI technology in a responsible manner but also how skills can be scaled up in this space, Sandip Patel, Managing Director, IBM India/South Asia, said on Sunday. Speaking to IANS, Patel said that to be ‘Atmanirbhar’ with AI, India must quickly establish itself as one of the hubs f...
India a key player in responsible AI revolution, skilling way to go: IBM`s Sandip Patel
India a key player in responsible AI revolution, skilling way to go: IBM`s Sandip Patel
Source: IANS
2024-02-18 12:07:32 pm
MeitY`s CoE Noida announces `designed in India` bluetooth speaker The Centre of Excellence (CoE) for electronic system design and manufacturing, under the IT Ministry, on Friday announced the launch of a first-of-its-kind prototype bluetooth speaker enabled with HD Radio for the Indian market. The Indian bluetooth speaker market is experiencing robust growth, exceeding 30 per cent annually and domestic brands like boAt and Noise are already global leaders. Housed at the Centre for Development of Advanced Computing (CDAC) Noida, the CoE collaborated wi...
MeitY`s CoE Noida announces `designed in India` bluetooth speaker
MeitY`s CoE Noida announces `designed in India` bluetooth speaker
Source: IANS
2024-02-16 11:44:01 am
CSC partners ONDC to enable e-commerce access to rural citizens across India Common Services Centers (CSCs), under the Ministry of Electronics and Information Technology (MeitY), on Wednesday joined hands with the Open Network for Digital Commerce (ONDC) to enable e-commerce access to rural citizens across India. With this joint venture, CSC's e-Grameen application will be integrated on the ONDC network as a buyer application, allowing rural citizens to access the network's extensive e-commerce services. "Providing services in remote villages of the...
CSC partners ONDC to enable e-commerce access to rural citizens across India
CSC partners ONDC to enable e-commerce access to rural citizens across India
Source: IANS
2024-02-14 05:45:29 pm
`Digital India` future skills summit to unveil 20 strategic collaborations The government on Wednesday said it will hold the first-ever ‘Future Skills Summit’ in Guwahati on Thursday where more than 20 strategic collaborations in skilling will be unveiled. The summit, to be inaugurated by Union Minister of State for Electronics and IT and Skill Development, Rajeev Chandrasekhar, is expected to see more than 1,000 dignitaries, including thought leaders, industry experts, policymakers, educators and technology enthusiasts. “Discussions will rev...
`Digital India` future skills summit to unveil 20 strategic collaborations
`Digital India` future skills summit to unveil 20 strategic collaborations
Source: IANS
2024-02-14 04:32:06 pm
Norden Communication partners C-DAC to make thermal cameras used by security agencies Norden Communication on Tuesday announced it has tied up with the Centre for Development and Advanced Computing (C-DAC) to develop AI-based general purpose thermal cameras, which are for security purposes and other industrial applications. C-DAC is a research and development (R&D) organisation under the Ministry of Electronics and Information Technology (MeitY). Norden Communication said in a statement that it has entered into an exclusive partnership based on Transfer of Technology...
Norden Communication partners C-DAC to make thermal cameras used by security agencies
Norden Communication partners C-DAC to make thermal cameras used by security agencies
Source: IANS
2024-02-13 02:31:46 pm
Government announces National Creator`s Awards for new-age influencers The government has announced the ‘National Creators Award’ to recognise new-age influencers and creators and celebrate India’s digital creator economy. The ‘National Creators’ Award’ aims to spotlight the diverse voices and talents that are shaping India’s growth and cultural narrative, driving positive social change, and fostering innovation and creativity in the digital sphere, said Ministry of Electronics & IT (MeitY). “Prime Minist...
Government announces National Creator`s Awards for new-age influencers
Government announces National Creator`s Awards for new-age influencers
Source: ians
2024-02-12 09:01:43 am
Exclusive-Xiaomi says India`s scrutiny of Chinese firms unnerves suppliers China's Xiaomi has told New Delhi that smartphone component suppliers are wary about setting up operations in India amid heavy scrutiny of Chinese companies by the government, according to a letter and a source with direct knowledge of the matter. Xiaomi, which has the biggest share in India's smartphone market at 18%, also asks in the letter dated Feb. 6 that India consider offering manufacturing incentives and lowering import tariffs for certain smartphone components. The Chin...
Exclusive-Xiaomi says India`s scrutiny of Chinese firms unnerves suppliers
Exclusive-Xiaomi says India`s scrutiny of Chinese firms unnerves suppliers
Source: Reuters
2024-02-11 04:39:40 pm
Israel`s Tower proposes $8 billion chip plant in India Israel's Tower Semiconductor has submitted a proposal to India's government to build an $8 billion chipmaking facility in the South Asian nation, national daily Indian Express reported on Sunday. Tower, seeking government incentives for its plan, is looking to manufacture 65 nanometre and 40 nanometre chips in India, the report said. The company and India's IT ministry did not immediately respond to requests for comment. Chip manufacturing is a key plank of Modi's bus...
Israel`s Tower proposes $8 billion chip plant in India
Israel`s Tower proposes $8 billion chip plant in India
Source: Reuters
2024-02-11 11:45:04 am
3 indigenously-developed tech transferred to 12 industries in India Three indigenously-developed technologies -- thermal camera, CMOS camera, and Fleet Management System -- were transferred to 12 industries in India on Sunday. During the launch of "Digital India FutureLABS Summit 2024" held at IIIT-Delhi, the technologies designed and developed by the CDAC (Centre for Development of Advanced Computing), Thiruvananthapuram under InTranSE Programme of Ministry of Electronics and Information Technology (MeitY) were transferred to these industries. ...
3 indigenously-developed tech transferred to 12 industries in India
3 indigenously-developed tech transferred to 12 industries in India
Source: IANS
2024-02-04 05:38:17 pm
Government`s faster testing for electronics to reduce device launch time by half: ICEA The government’s faster electronics testing decision will allow original equipment manufacturers (OEMs) to choose the most suitable testing method for their products, thereby expediting the market launch of their electronic items, the India Cellular and Electronics Association (ICEA) said on Monday. The government recently introduced a more efficient parallel testing process for products under the Compulsory Registration Order (CRO) of 2021. This new approach significantly reduces...
Government`s faster testing for electronics to reduce device launch time by half: ICEA
Government`s faster testing for electronics to reduce device launch time by half: ICEA
Source: IANS
2024-01-22 04:41:13 pm
India, Cuba ink MoU on digital public infrastructure India and Cuba have signed an MoU for cooperation in the field of sharing successful digital solutions implemented at population scale for digital transformation. The MoU was signed between India’s Ministry of Electronics and Information Technology (MeitY) and the Ministry of Communications of the Republic of Cuba on Friday. The MeitY said that India will collaborate with Cuba by building upon development partnership on digital transformation leading to a smooth adoption of Digita...
India, Cuba ink MoU on digital public infrastructure
India, Cuba ink MoU on digital public infrastructure
Source: IANS
2024-01-20 05:35:51 pm
EaseMyTrip rises on inking pact with CSC e-governance Services Easy Trip Planners is currently trading at Rs. 46.60, up by 0.24 points or 0.52% from its previous closing of Rs. 46.36 on the BSE. The scrip opened at Rs. 46.81 and has touched a high and low of Rs. 47.25 and Rs. 46.26 respectively. So far 256520 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 56.30 on 20-Jan-2023 and a 52 week low of Rs. 37.01 on 26-Oct-2023. Last one week high and low of the scrip stood at Rs...
EaseMyTrip rises on inking pact with CSC e-governance Services
EaseMyTrip rises on inking pact with CSC e-governance Services
Source: Accord Fintech
2024-01-20 11:39:58 am
Cabinet okays pact with Europian Union on chip technology The Union Cabinet has approved a Memorandum of Understanding (MoU) signed between the Centre and the European Commission on Working Arrangements on Semiconductors Ecosystems, its supply chain and innovation under the framework of EU-India Trade and Technology Council (TTC). The MoU, signed on November 21, 2023, intends to strengthen cooperation between India and European Union (EU) towards enhancement of semiconductor technology for the advancement of Industries and digital technologies, a...
Cabinet okays pact with Europian Union on chip technology
Cabinet okays pact with Europian Union on chip technology
Source: IANS
2024-01-18 02:47:30 pm
SBC Exports moves up on bagging work order worth Rs 40.26 lakh SBC Exports is currently trading at Rs. 30.80, up by 0.26 points or 0.85% from its previous closing of Rs. 30.54 on the BSE. The scrip opened at Rs. 31.00 and has touched a high and low of Rs. 31.11 and Rs. 30.74 respectively. So far 50518 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 35.04 on 24-Nov-2023 and a 52 week low of Rs. 14.02 on 07-Feb-2023. Last one week high and low of the scrip stood at Rs. 31.10 ...
SBC Exports moves up on bagging work order worth Rs 40.26 lakh
SBC Exports moves up on bagging work order worth Rs 40.26 lakh
Source: Accord Fintech
2024-01-09 10:15:19 am
Centre directs social media subsidiaries to ban ads of illegal betting, loan apps The Centre on Wednesday said that it has directed social media subsidiaries and online platforms to actively prohibit and remove illegal loan and betting apps under the existing IT Rules. On Tuesday, the Ministry of Electronics and Information Technology (MeitY) issued an advisory to all digital intermediaries to actively comply with the existing IT rules, particularly in the context of misinformation and deepfakes. Within this advisory, the IT Ministry further underscored the obligation o...
Centre directs social media subsidiaries to ban ads of illegal betting, loan apps
Centre directs social media subsidiaries to ban ads of illegal betting, loan apps
Source: IANS
2023-12-27 05:07:01 pm
Industry stakeholders hail new Telecommunications Bill 2023 Industry stakeholders on Monday welcomed the new Telecommunications Bill, 2023, saying its provisions will bring uniformity across states in terms of Right of Way (RoW) rules and regulations, along with rates. They will also address long-standing issues for telecom infrastructure providers, including capping of charges, deemed approval, and deployment of telecom infrastructure on private property, said the industry leaders. "Additionally, the bill safeguards digital infrastructure,...
Industry stakeholders hail new Telecommunications Bill 2023
Industry stakeholders hail new Telecommunications Bill 2023
Source: IANS
2023-12-19 09:38:35 am