New Delhi, May 19 (IANS) Union Minister of Commerce and Industry Piyush Goyal on Tuesday called for deeper collaboration between industry and government to advance ease of doing business, enhance India’s competitiveness and accelerate the country’s journey towards Viksit Bharat 2047.Addressing ASSOCHAM India Business Reform Summit 2026 here, the minister said the present global situation and geopolitical uncertainties should be viewed as an opportunity for India to strengthen business proces…
Latest Data Centers News & Updates
New Delhi, May 13 (IANS) Indian equities are set for a strong year ahead due to acceleration in earnings growth and reflationary policies of the RBI, along with policy moves such as rate cuts, bank deregulation and liquidity infusion, a report said on Wednesday.The report from Morgan Stanley said strong capital expenditure in energy, defence, semiconductors, fertilisers and data centres along with large tax cuts are other factors likely to drive an earnings upswing.The investment bank forecasted…
New Delhi, May 11 (IANS) Gautam Adani, Chairman of the Adani Group, on Monday said India’s Artificial Intelligence (AI) revolution must ultimately be measured by its ability to empower ordinary citizens, workers and small businesses across the country.Addressing the Confederation of Indian Industry’s (CII) ‘Annual Business Summit 2026’ here, Gautam Adani said India must reject the idea that AI should primarily be used to eliminate workers and automate livelihoods.“India must build AI as a fo…
Washington, May 9 (IANS) The United States wants countries in South and Central Asia, including India, to have access to “world class technology” while avoiding dependence on adversarial nations, a senior State Department official said, underscoring Washington’s push to expand AI cooperation with New Delhi.Addressing the US-India AI and Emerging Technology Forum, Deputy Assistant Secretary of State Bethany Morrison said the focus is on ensuring technology access translates into tangible be…
New Delhi, May 8 (IANS) Alphabet-owned Google is exploring fresh investments in India focused on artificial intelligence (AI) infrastructure and the local manufacturing of servers and drones, Union Minister Ashwini Vaishnaw said on Friday.Sharing details of his meeting with Google executives on social media platform X, Vaishnaw said the company is evaluating opportunities across AI infrastructure development as well as electronics manufacturing in India.“Google is exploring investments in Indi…
Amaravati, May 6 (IANS) Andhra Pradesh’s Information Technology and Electronics Minister Nara Lokesh on Wednesday said that 80 per cent of India’s air conditioners will be manufactured in the state by 2028.Speaking at the groundbreaking ceremony of an air-conditioner manufacturing unit at Sri City in Tirupati district, Lokesh, projecting Andhra Pradesh as a major HVAC manufacturing hub, remarked that the state has already earned its unique distinction as the cool capital of India.He noted that…
Hyderabad, May 5 (IANS) Telangana Chief Minister A. Revanth Reddy on Tuesday requested former Reserve Bank of India (RBI) Governor Raghuram Rajan to constitute a high-level committee on the use of Artificial Intelligence in the syllabi of primary, higher secondary, technical, and medical education, and to provide appropriate advice and suggestions on its usage. A meeting on Telangana’s future planning was held under the chairmanship of the Chief Minister at his Jubilee Hills residence. Deputy Ch…
Amaravati, May 5 (IANS) Andhra Pradesh is positioning itself as a global hub for next-generation manufacturing and digital infrastructure, said state minister Nara Lokesh on Tuesday.He stated that Andhra Pradesh is moving beyond hosting data centres to manufacturing the components that power the global data boom.The minister announced that a foundation stone will be laid on Wednesday for a new chiller manufacturing facility at Sri City.The state government sees this as a significant milestone in…
New Delhi, May 3 (IANS) Amid rising global concerns over oil price volatility and the ongoing Middle East conflict, Morgan Stanley has struck an optimistic note on India, identifying the turbulence as a catalyst for long-term investment growth. In its latest report, the global brokerage has upgraded its outlook for India’s investment cycle, projecting the investment-to-GDP ratio to climb to 37.5 per cent by FY30, up from its earlier estimate of 36.5 per cent.This upward revision translates int…
New Delhi, May 2 (IANS) India’s data centre capacity is set to surge nearly six‑fold from 1.8 GW to about 10.5 GW by FY2031 as demand rises due to artificial intelligence adoption and data localisation policies, a new report has said.The report from investment bank Morgan Stanley said AI workloads alone could account for roughly 6.8 GW of the projected capacity and that rising demand for low‑latency processing, tighter localisation norms and increasing compute intensity are another major d…