New Delhi, July 9 (IANS) Prime Minister Narendra Modi said on Thursday that India is aiming to become a developed nation with the building of a new manufacturing ecosystem “from chips to ships” and is working on 6G technology to lead global innovation. Addressing the Indian community in Melbourne, Prime Minister Modi added that India has grown from a few hundred to over two lakh registered startups, with more than 4,000 new ventures launching every month.He praised the youth of India for transfo…
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Bengaluru, July 8 (IANS) Karnataka Chief Minister D.K. Shivakumar on Wednesday chaired a strategic consultation with leaders of more than 150 Global Capability Centres (GCCs), reaffirming the state government’s commitment to strengthening the state’s position as India’s leading destination for multinational innovation and technology hubs. The consultation, titled “KATALYST CONNECT: The Chief Minister’s Meet with Global Capability Centre Leaders”, was organised by the Department of Electronics, I…
New Delhi, July 8 (IANS) Artificial Intelligence (AI)-driven interventions and science-led agri-startups have the potential to significantly boost India’s agricultural economy by improving farm productivity, increasing farmers’ incomes and creating large-scale rural employment, Union Minister Dr. Jitendra Singh said on Wednesday. He stressed that integrating technology, innovation and entrepreneurship into agriculture will be crucial for achieving the vision of a developed India by 2047.Addressi…
Guwahati, July 8 (IANS) Assam Chief Minister Himanta Biswa Sarma on Wednesday announced a major policy initiative to promote entrepreneurship, saying small, non-polluting enterprises in the state will no longer require government approvals to commence operations during their first three years. The Chief Minister said the move is aimed at improving the ease of doing business by reducing regulatory hurdles and allowing entrepreneurs to focus on building their ventures instead of navigating bureauc…
New Delhi, July 6 (IANS) Union Commerce and Industry Minister Piyush Goyal on Monday said that artificial intelligence (AI) and digital technologies can play a transformative role in empowering MSMEs, startups, exporters and local businesses, while highlighting the need for stronger collaboration to drive innovation-led and technology-driven growth.The minister shared that he met a delegation from Google led by Vidhya Srinivasan, Vice President, Ads & Commerce, and Preeti Lobana, Vice Presid…
New Delhi, July 3 (IANS) India’s record defence production at $19 billion in FY26 was driven by policy reforms, growing private-sector participation, enhanced research and development, stronger domestic procurement and a strategic push towards indigenous manufacturing, a new report has said.The report from Vietnam Times said defence output has more than doubled over the past five years, rising from about $8.5 billion FY21 to the current level.The report credited a series of government measures…
New Delhi, July 3 (IANS) Seven Indian startups — selected under the Department for Promotion of Industry and Internal Trade (DPIIT)-backed FICCI Mercedes-Benz Bharat Innovation & Business Ideas Challenge Programme — will receive structured post-funding mentoring and handholding support to accelerate their growth and improve investment readiness, the Ministry of Commerce & Industry said on Friday.Each of the seven startups has been awarded funding of Rs 30 lakh after emerging successful…
New Delhi, July 2 (IANS) Delhi Chief Minister Rekha Gupta on Thursday chaired ‘Delhi Next – Code, Create and Change’ at the Delhi Secretariat, the country’s largest civic-tech innovation programme, hoping that the city will soon become the country’s civic-tech capital. The initiative aims to bring together young people, startups, researchers, educational institutions and innovators on a common platform to develop technology-based solutions for Delhi’s real civic and urban challenges.Sp…
Jaipur, July 1 (IANS) Chief Minister Bhajanlal Sharma on Wednesday said Rajasthan is rapidly emerging as a key player in India’s digital transformation, with the state receiving investment proposals worth over Rs 43,000 crore in the data centre sector.He added that the government is committed to making Rajasthan the country’s preferred destination for investments in Artificial Intelligence (AI) and data centres.Addressing industry leaders during a round-table discussion held after the 29th Natio…
Vadodara, June 30 (IANS) Four defence companies on Tuesday signed memoranda of understanding (MoUs) worth a combined Rs 2,550 crore to invest in Gujarat’s defence sector during a seminar on ‘Atmanirbhar Bharat in Aerospace and Defence’ held as part of the second day of the Vibrant Gujarat Regional Conference (VGRC) for Central Gujarat in Vadodara. The agreements were signed in the presence of Union Defence Minister Rajnath Singh at Gujarat State Fertilisers and Chemicals (GSFC) University, where…