Sanand (Gujarat), March 29 (IANS) Sanand’s rapid transformation from an automobile manufacturing centre into a key node in India’s semiconductor ambitions is set to advance further with Prime Minister Narendra Modi scheduled to inaugurate an outsourced semiconductor assembly and test (OSAT) facility by Kaynes Semicon on March 31.The facility, being established at a cost of Rs 3,300 crore, was approved by the Union Cabinet on September 23, 2024, under the National Semiconductor Mission.Locate…
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Seoul, Feb 23 (IANS) South Korean and Brazilian business communities on Monday proposed measures to strengthen cooperation in strategic areas, including advanced manufacturing and key minerals, at a bilateral business forum held in Seoul, industry officials said.The Federation of Korean Industries (FKI) and the Brazilian Trade and Investment Promotion Agency presented such proposals at the Korea-Brazil Business Forum, held on the occasion of Brazilian President Luiz Inacio Lula da Silva’s three-…
Mumbai, Jan 31 (IANS) State Bank of India Chairman CS Setty on Saturday said that expectations in the financial sector ahead of the Union Budget remain anchored in continued fiscal prudence and called for a level playing field for financial savings instruments.“As a banker, I would definitely say there should be a level playing field. In an evolving equity environment, there is a case for ensuring a neutral and balanced approach to financial savings instruments,” Setty shared his expectation…
Guwahati, Jan 20 (IANS) Assam Chief Minister Himanta Biswa Sarma said on Tuesday that the state is proactively preparing its workforce for an increasingly automated and Artificial Intelligence (AI)-driven future, leveraging its young demographic advantage and focusing on industry-aligned skill development. Speaking on the second day of the World Economic Forum Annual Meeting here, CM Sarma shared how Assam is reshaping its skilling ecosystem to meet the demands of emerging technologies and futur…
Gandhinagar, Jan 18 (IANS) As India preps up for its power-packed representation at the upcoming World Economic Forum (WEF), a high-level delegation of the Gujarat government led by Deputy Chief Minister Harsh Sanghavi is set to make its presence felt at the five-day-long Summit, widely perceived as the gathering of global elites. The WEF Annual Meeting is set to get underway from January 19 to 23 at Davos-Klosters, Switzerland.The 56th edition of the WEF meet will see world leaders, senior dipl…
Washington, Jan 14 (IANS) Eminent American trade and strategic advocacy group the US–India Strategic Partnership Forum welcomed India’s participation in the Finance Ministerial on Securing Critical Minerals Supply Chains in Washington, calling it an important step in strengthening US–India cooperation in a critical strategic sector.India was represented at the meeting by Ashwini Vaishnaw, Minister for Railways, Information and Broadcasting, and Electronics and Information Technology. The m…
Washington, Jan 13 (IANS) US lawmakers on Monday said India is emerging not merely as a defence buyer or technology market, but as a critical partner in artificial intelligence, advanced manufacturing, and Indo-Pacific security.At a CSIS discussion, Representative Rich McCormick warned against restricting India’s access to advanced technologies. “If we start limiting access to our products, that’s going to be bad for us as a country,” he said.McCormick argued that keeping India aligned w…
New Delhi, Jan 2 (IANS) Technology is acting as the central force behind space and economic transformation in the country, said Dr Jitendra Singh, Union Minister of State (Independent Charge) for Science & Technology on Friday.Addressing a press conference on the achievements of the Ministry of Science and Technology and the Ministry of Earth Sciences for the year 2025, the Minister said innovation-driven sectors such as space, oceans, biotechnology, clean energy, and advanced manufacturing …