New Delhi, Feb 5 (IANS) Nasscom US CEO Forum on Thursday held its first industry engagement after the trade deal announcement between India and America and discussed a tech-led economic partnership.Convened at Capitol Hill in Washington, DC, on February 4-5, the Forum’s third meeting brought together leading Indian technology business leaders and senior US policymakers. The leaders deliberated on enhancing innovation, AI, trusted supply chains, workforce development, and local job creation acr…
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New Delhi, Feb 4 (IANS) Government has approved 10 projects currently in various stages of pilot production, with envisaged investments of about Rs. 1.6 lakh crore and four having started production, Union Minister of State for Electronics and Information Technology Jitin Prasada said in a written reply in Lok Sabha on Wednesday.The approved projects include two fabs and eight packaging units such as CMOS (silicon) fabs, a silicon carbide fab, advanced packaging and memory packaging units. As ma…
New Delhi, Feb 1 (IANS) Industry body Nasscom on Sunday hailed the Union Budget 2026 for its thrust on technology as a core driver of inclusive, sustainable growth.Finance Minister Nirmala Sitharaman, in her ninth consecutive Budget, presented a forward-looking and consultative Budget that reinforces the partnership between government and industry.“The Budget reflects a continued focus on ease of doing business and on strengthening India’s position as a global technology and services powerho…
New Delhi, Jan 27 (IANS) By boosting bilateral trade and economic ties, the India-EU trade deal supports job creation, MSME growth in tech, and overall confidence for investors in India’s services sector, IT industry’s apex body Nasscom said on Tuesday.The FTA includes dedicated SME chapters with contact points and digital platforms. Given the geopolitical challenges, the FTA diversifies markets for Indian IT exporters, providing a hedge against global trade uncertainties, said Nasscom “It s…
Mumbai, Jan 13 (IANS) Around 97 per cent of HR leaders in the tech sector in India feel that work by 2027 will be done by humans working alongside AI rather than engaging with it intermittently, a report said on Tuesday.The report from Nasscom and Indeed, based on a poll of over 120 HR leaders in the tech sector in the country, found that 20-40 per cent of work in technology firms is already AI‑driven.Around 45 per cent of respondents reported that over 40 per cent of software development is n…
New Delhi, Dec 30 (IANS) India stands at the cusp of a new era powered by Artificial Intelligence (AI), and the government has allocated more than Rs 10,300 crore over the five years for the ‘IndiaAI Mission’ with 38,000 GPUs deployed, it was announced on Tuesday.From expanding computing infrastructure to fostering homegrown models and supporting startups, the country is creating a robust AI ecosystem that benefits citizens and drives innovation.Initiatives in agriculture, healthcare, educat…
New Delhi, Dec 27 (IANS) India’s artificial intelligence (AI) strategy, based on Prime Minister Narendra Modi’s vision of democratising technology, aims to address India-centric challenges and create more opportunities and jobs — and 2026 is going to a transformative year for the country which has emerged as the world’s third most competitive one in AI.The country has seen AI talent concentration grow more than threefold since 2016, and now ranks among the top three countries in US-based Stan…
New Delhi, Dec 27 (IANS) As we move toward 2026, India’s technology sector is entering a phase where scale, accountability, and outcomes matter more than momentum alone, according to industry leaders.According to Sindhu Gangadharan, MD, SAP Labs India and Chairperson, Nasscom, the industry has built strong foundations across AI, cloud, cybersecurity, and digital platforms, supported by deep talent and a mature ecosystem of startups, GCCs, and global enterprises.“The next chapter is about con…
New Delhi, Dec 24 (IANS) The recent changes about the wage-weighted selection mechanism for H-1B visas proposed by the USA’s Department of Homeland Security represent a significant departure from the long-standing, neutral lottery system and raise important legal, economic, and operational concerns, according to a Nasscom statement issued on Wednesday. The apex trade body for India’s IT software sector pointed out that while the intent behind the proposed changes, to promote high-skill emplo…