Is India ready for the AI revolution? The rapid advancements in artificial intelligence, from generative AI tools to sophisticated machine learning algorithms, are transforming industries across the nation. From fintech's burgeoning use of AI-powered fraud detection to the agricultural sector's embrace of precision farming technologies, the impact is undeniable. This week saw a major breakthrough in indigenous 5G technology development, signaling India's growing prowess in the global tech landscape. But alongside this progress comes the crucial discussion surrounding data privacy, cybersecurity, and the ethical implications of AI deployment. How will India navigate these challenges and harness the transformative power of technology for inclusive growth? Explore the latest developments in Indian tech, from the rise of digital payments to the burgeoning startup ecosystem, and discover how innovation is shaping the nation's future. Stay informed with Abtak.com – your gateway to understanding the tech revolution reshaping India.
PRNewswire Bangalore (Karnataka) [India], September 16: izmomicro (www.izmomicro.com), a division of izmo Ltd., today announced a major breakthrough in high-performance motor control technology with the launch of its latest in-house innovation designed for demanding industrial, electric vehicle, and next-generation energy applications. The company has developed a Galvanic Isolated Hex Bridge Inverter with integrated controller and drivers for three-phase Servo/BLDC motors, capable of delivering 100 amps of continuous current at 48 VDC while ensuring galvanic isolation for safety and reliability. Built as a BLDC motor controller, the product addresses the need for compact, high-efficiency, and high-safety motor control solutions in industrial automation, robotics, EVs, aerospace, and defense. This highly complex system integrates power electronics, isolation technology, and advanced motor control logic into a single solution. It required precise design across multiple domains, including thermal stability, EMI suppression, current handling, and safety engineering. The inverter has already been shipped to a major public sector manufacturer, validating its performance in real-world, mission-critical applications. "This motor controller is an important milestone for izmomicro, bringing together our expertise in power electronics, systems design, and advanced manufacturing," said Sanjay Soni, Managing Director of izmo Ltd. "It is technologies like these that will power India's rapidly expanding industrial and EV ecosystem. By delivering this product entirely in-house, we are not only demonstrating advanced design capability but also India's growing strength in developing globally competitive solutions." izmomicro is rapidly establishing itself as a leading R&D center for advanced semiconductor packaging and system design, with several major design wins already accomplished. Building on this momentum, the company is now focused on leveraging its design expertise for high-volume production in industries such as automotive, automation, and energy -- and is looking to expand its manufacturing capacity to meet rising demand. The global power electronics market is expected to surpass USD 40 billion by 2030, driven by the acceleration of electric vehicles, renewable energy, and automation. In India, the EV sector alone is forecast to grow at a 49% CAGR between 2023 and 2030, with motor controllers as one of the most critical enabling technologies. Solutions like izmomicro's new inverter will be key in delivering the efficiency, reliability, and safety required for this transformation. About Us izmomicro, a division of publicly listed izmo Ltd., is India's first specialist in silicon photonics packaging and advanced semiconductor system integration. With a state-of-the-art Class 1000 Cleanroom facility in Bengaluru, the company provides design, packaging, and assembly solutions for high-performance computing, telecommunications, AI infrastructure, aerospace, green energy, and power electronics. By combining deep expertise with global partnerships, izmomicro drives innovation in next-generation semiconductor technologies while supporting India's Make in India initiative. For more information, visit www.izmomicro.com. Media Contact: izmomicro Communications Email: [email protected] Logo: https://mma.prnewswire.com/media/2755218/5512272/izmomicro_Logo.jpg (ADVERTORIAL DISCLAIMER: The above press release has been provided by PRNewswire. ANI will not be responsible in any way for the content of the same)
BENGALURU, India, Dec. 4, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced a strategic collaboration with Kardex, a leading global provider of intralogistics solutions, including automated storage solutions and material handling systems, to transform its business operations using SAP S/4HANA. Leveraging Infosys Cobalt, a set of services, solutions and platforms for enterprises to accelerate their cloud journey, Infosys will help Kardex unify its ERP system in over 30 countries, boost operation ...Read More >
Gurugram, 11 December 2024: Around USD 40 billion of investments are envisaged over the next 5-6 years for the development of Electric Vehicles (EV) & ancillary industries in India. However, the deployment of these funds will rely upon successful implementation of government policies, charging infrastructure ramp-up and domestic manufacturing capacity scale-up. As per Colliers' latest report "EVs in India: Renewed Vigour in Electric Mobility", about two-thirds of the planned investments, can potentially materialize in the lithium-ion battery segment alone. Interestingly, despite slower than an ...Read More >
WarmUp Ventures Founders L to R - Rajendra Lora ,Yogesh Chaudhary , Sharad Bansal Athera Venture Partners has roped in HDFC AMC's fund of funds as an LP for its Fund IV, while Warmup Ventures is launching its second fund. HDFC AMC invests in Athera's Fund IV Tech-focused venture capital fund Athera Venture Partners, formerly known as Inventus India, on Wednesday said that HDFC's fund of funds has invested in its Fund IV, which is scheduled to close in 2025. HDFC AMC's Select AIF FoF I Scheme will be a dominant LP in Athera's Rs 900-crore fund to be invested into fast-growing tech startups ...Read More >
Kolkata (West Bengal) [India], June 27 (ANI): A female student was allegedly gang-raped inside a law college in Kolkata's Kasba on Wednesday evening. The police have arrested all three accused within 24 hours. The three accused, named as Monojit Mishra (31), Zaib Ahmed (19), and Pramit Mukhopadhyay (20), were former students or staff members of the same law college. Also Read | Student Gang-Raped at South Kolkata Law College: Police Arrest 3 Youths for Sexually Assaulting Young Woman Inside Law College. According to the police, the accused named in the FIR will be produced before the A.C.J. ...Read More >
New Delhi: Commerce and industry minister Piyush Goyal on Thursday urged the energy storage companies to cut dependency on imports from certain countries and explore alternate sources of supply. He also suggested the industry to focus on research and development for creation of innovative products. "We must work to prevent distortions. We must reduce our dependency on particular geographies and look at alternative sources of supply, where we can have resilience in our supply chain," Goyal said at an event on energy storage. "The industry should look at newer technologies to cut over-dependenc ...Read More >
Everta, a Mumbai-based EV charger firm, is entering the market. The company plans to produce 3,000 DC chargers each year by 2027. Everta is investing Rs 150 crore in a Karnataka plant. They aim for a 15% market share in DC chargers by 2030. Production will begin by October. The company has a technology deal with StarCharge for fast chargers. EV charger manufacturing firm Everta on Thursday announced its plans to manufacture 3,000 DC chargers annually by 2027. The Mumbai-based firm, which is in ...Read More >
Bengaluru, Jul 19 (PTI) Hockey India on Saturday announced a 40-member core probable group for the upcoming senior women's national coaching camp, which will be held at the Sports Authority of India (SAI) Centre here from July 21 to August 29. The camp holds significant importance as the Indian women's hockey team gears up for the women's Asia Cup, set to begin on September 5 in Hangzhou, China. The tournament will serve as a direct qualification pathway for the 2026 FIH Women's World Cup, with only the champion earning a guaranteed spot. All players from the previous camp have been retaine ...Read More >
PRNewswire New Delhi [India], January 21: SWITCH Mobility Ltd, a part of the Hinduja Group, has unveiled the SWITCH IeV8, a revolutionary electric light commercial vehicle (eLCV) in the 7.2T category catering to mid-mile logistics. Designed with sustainability and operational efficiency at its core, the SWITCH IeV8 is set to transform the logistics sector in India. * H. D. Kumaraswamy, Minister of Heavy Industries and Steel, unveils the SWITCH IeV8, an electric light commercial vehicle (eLCV) designed for mid-mile logistics, at the Bharat Mobility Expo 2025 The SWITCH IeV8, a robust additio ...Read More >
New Delhi, Jun 6 (PTI) The incentive scheme for recycling of critical minerals, such as copper, lithium, nickel, cobalt and rare earth elements, is in the final stages, a mines ministry official said on Friday. The Union budget has allocated Rs 1,500 crore for recycling of critical minerals under the National Critical Mineral Mission (NCMM), Joint Secretary in Mines Ministry Dinesh Mahur said during an event here. He said, "the incentive scheme for recycling is in its final stages." Earlier, the government had approved a Rs 16,300-crore National Critical Mineral Mission, envisaging a total o ...Read More >
JAMMU, June 6: For establishing "POWERGRID Centre of Excellence" at PEC, Chandigarh under CSR, Power Grid Corporation of India Limited (POWERGRID) today signed an MoU with Punjab Engineering College (PEC), Chandigarh, a deemed university. The MoU was signed, in an high profile event, by Tarun Bajaj, executive director (Northern Region-II) on behalf of POWERGRID and Prof Rajesh K Bhatia, director (ad-interim) on behalf of PEC in the presence of Rajeev Verma, chief secretary, Chandigarh -UT, R K Tyagi, chairman & managing director, POWERGRID and Prerna Puri, secretary education, Chandigarh Admi ...Read More >
Gandhinagar, July 11 (SocialNews.XYZ) Japan's Ambassador to India, Keiichi Ono, paid a courtesy visit to Gujarat Chief Minister Bhupendra Patel in Gandhinagar on Friday, accompanied by Japan's Economic and Development Affairs Minister, Koyoko Hokugo. The meeting came on the final day of Ambassador Ono's three-day visit to Gujarat, which included high-level interactions with more than 150 industrialists in Ahmedabad and a visit to the Dholera Special Investment Region (SIR). During the meeting, Ono expressed appreciation for the support extended by the Gujarat government to more than 350 Japa ...Read More >
Srinagar- Congress MP Shashi Tharoor on Saturday said foreign countries were told clearly during the post-Operation Sindoor diplomatic outreach that in case of a fresh provocation, India would repeat its action. Speaking at a discussion at the Ahmedabad Management Association, Tharoor said Indian delegations which visited foreign countries in the aftermath of Operation Sindoor managed to convey that India acted with restraint and responsibility. "In other places, we actually were able to get some very high-placed people to say not only that they respected and supported India's right of self- ...Read More >
Akzo Nobel has revealed that its decision to partner with JSW Paints was based on a strategic vision to combine global expertise with strong local execution. The move positions JSW Paints to challenge India's top paint industry players. "We had options. It was really about finding not only the right home for our people but the right partner for our company, and we chose JSW," ET NOW quoted Akzo Nobel CEO Greg Poux-Guillaume as saying, explaining the rationale behind the decision. "It really is a ...Read More >
India received the second GE-404 engine from the US for the LCA Mark 1A fighter jet aircraft programme. Hindustan Aeronautics Limited (HAL) is expected to receive 12 GE-404 engines by the end of this financial year. The engines will be fitted on the LCA Mark 1A fighter jets. Indian Air Force has placed orders for 83 LCA Mark 1A fighter jets and a proposal to buy 97 more of these planes is at an advance stage. On Monday, Defence Secretary Rajesh Kumar had said that General Electric will increase ...Read More >
Dehradun (Uttarakhand) [India], July 16 (ANI): Following the tragic road accident in the Muwani area of Pithoragarh district on Tuesday that claimed eight lives, Uttarakhand Chief Minister Pushkar Singh Dhami announced that the state government would provide Rs 2 lakh each to the families of the deceased and Rs 50,000 to the injured. This would be in addition to the ex-gratia of Rs 2 lakh from the Prime Minister's National Relief Fund (PMNRF), announced by Prime Minister Narendra Modi, which would be given to the next of kin of the deceased. Also Read | Weather Forecast Today, July 16: Check ...Read More >
Sunmei Hotels Group has announced the launch of Sunmei Group International (SGI) and three new overseas brands—SHANKEE, PENRO, and LANOU—marking its expansion into the UAE market. The company plans to introduce SHANKEE Hotels, a smart economy brand, to cities like Dubai, Abu Dhabi, and Riyadh. SGI focuses on smart marketing, modular renovations, and intelligent operations, leveraging big data and AI to enhance service and guest experiences. Chairman Ma Yingyao aims to open 100 hotels globally within the next decade, doubling revenue and establishing a strong international presence for Chinese ...Read More >
New Delhi: Alleging "blatant misuse" of agencies to defame its leaders, AAP on Thursday questioned why the first information report filed against former Delhi ministers Saurabh Bharadwaj and Satyendar Jain was being kept under wraps and "selective" press notes were being leaked to the media.Bharadwaj, who is Delhi AAP convener, alleged that only two former ministers were named in the case without any reasonable cause while all the officers of the health and public works departments, who were actually responsible for executing the hospital projects, were spared. "Is the FIR so baseless that BJP ...Read More >
Gandhinagar (Gujarat) [India], July 11 (ANI): Japan's Ambassador to India, Keiichi Ono, accompanied by Japan's Minister of Economic and Development Affairs, Koyoko Hokugo, paid a courtesy visit to Gujarat's Chief Minister Bhupendra Patel in Gandhinagar on Friday. As per an official statement by the Gujarat Chief Minister's Office (CMO), during his three-day visit to Gujarat, which included Dholera SIR and meetings with 150 top industrialists in Ahmedabad, the Ambassador highlighted Japan's intent to deepen ties with the state. He also appreciated the State Government's support to over 350 Jap ...Read More >
NEW DELHI: In a significant development, India on Monday received the second GE-404 engine from the US for the LCA Mark 1A fighter jet aircraft programme, Defence officials said. The engine has been received by the Public sector firm Hindustan Aeronautics Limited (HAL) and it is expected to receive 12 more GE-404 engines by the end of this financial year. The engines will be fitted on the LCA Mark 1A fighter jets. The delivery of the engines had been delayed by more than a year due to supply chain issues faced by the American engine manufacturing firm. Indian Air Force has placed orders fo ...Read More >
New Delhi: Rare earth magnets, essential for EV motors, have become the latest flashpoint in India's growing electric mobility ambitions. These magnets power the core of Brushless DC (BLDC) and Permanent Magnet Synchronous Motors (PMSM), which drive most electric vehicles today, particularly two-wheelers. With China tightening export controls, Indian automakers now face serious supply-side disruptions. If the situation continues, industry experts warn that EV prices could rise, production could slow and expansion plans may take a hit. In April this year, China imposed an export curb on rare- ...Read More >
Silchar: Assam chief minister Himanta Biswa Sarma on Friday visited the flood-ravaged districts of Hailakandi and Sribhumi in the Barak Valley. He assured affected residents of providing timely disbursement of rehabilitation grants and swift repair of damaged infrastructure.This marks Sarma's second visit to the flood-hit region within four days, underscoring the gravity of the situation. Speaking to the media in Sribhumi after inspecting multiple relief camps, the CM said, "Flood-related problems may persist till July. I will return before Durga Puja to ensure that roads and infrastructure ar ...Read More >
Singapore, 26 June (Argus) -- Indian metal firm Hindalco has acquired a full stake in US-based alumina producer AluChem for $125mn, it announced on 24 June. Aditya, Hindalco's wholly owned subsidiary, will carry out the acquisition. The transaction is expected to close in the third quarter, pending customary closing conditions and regulatory approvals. AluChem is a specialty-alumina manufacturer with an annual capacity of 60,000t across its three manufacturing facilities in Ohio and Arkansas. It produces ultra-low soda calcined and tabular alumina for use in high-precision mechanical compone ...Read More >
Mumbai (Maharashtra) [India], July 3 (ANI): In a major move to boost industrial development and job creation in Maharashtra, the Cabinet Sub-Committee on Industries, chaired by Chief Minister Devendra Fadnavis, today approved investment proposals worth Rs 1,35,371.58 crore in thrust sectors and high-technology-based industries. These projects are expected to generate around 1 lakh direct and indirect employment opportunities across the state. Also Read | 'I Will Come Again': Man Posing As Delivery Agent Rapes Woman Techie After Entering Her Pune Flat, Clicks Selfie and Leaves Threatening Mes ...Read More >
BANGALORE, India, July 15, 2025 /PRNewswire/ -- AI Agent Software Market is Segmented by Type (L3, L4, L5), by Application (Commercial, Individual). The AI Agent Software Market was valued at USD 554 Million in the year 2024 and is projected to reach a revised size of USD 15120 Million by 2031, growing at a CAGR of 60.3% during the forecast period. Claim Your Free Report: https://reports.valuates.com/request/sample/QYRE-Auto-1Z18997/Global_AI_Agent_Software_Market Major Factors Driving the Growth of AI Agent Software Market: The AI Agents Software market is evolving rapidly, driven by the ...Read More >
Jammu- Jammu and Kashmir Chief Minister Omar Abdullah on Thursday reviewed the ongoing restoration work of the historic Mubarak Mandi complex, which was the power centre of the Dogra kings in Jammu, and stressed on enhancing its heritage appeal. The Mubarak Mandi Complex is one of Jammu's most significant architectural heritage sites and is envisioned as a comprehensive cultural centre, housing museums, conference venues and heritage hospitality services. Accompanied by Advisor Nasir Aslam Wani and MLA Yudhvir Sethi during the visit, the chief minister was briefed in detail on the multi-phas ...Read More >
TURFAN, China, Nov. 26, 2024 /PRNewswire/ -- On November 21, Turfan Power Grid applied "one-click smooth control" technology for the first time to complete the 10-kV glorious line and forward line closed-ring load transfer operation. This "one-click smooth control" was successfully applied, marking a new level in the digitalization of the power grid. The distribution network "one-click smooth control" technology realizes the one-click start of the operation steps and the automatic sequential execution of the operation process by setting the switch operation order in the distribution automatio ...Read More >
India Cellular and Electronics Association (ICEA) in a letter to the Ministry of Electronics and IT said that the import restriction has brought in uncertainty in the efforts of industry to scale up domestic electronics manufacturing.Source : Freepik India's electronics manufacturing sector, which has been struggling with China's restrictions on rare earth magnet exports, faces a double whammy with import curbs on gold compound -- a key raw material. Rare earth magnets have diverse utility ranging from computer chips and electronic components to electric vehicles, wind turbines, and medical ...Read More >
New Delhi [India], July 7 (ANI): India is expected to see strong demand for office spaces in 2025, with Global Capacity Centres (GCCs) projected to absorb 35-40 per cent of the total office space during the year, according to a recent report by CBRE. The report highlighted that India is steadily strengthening its role as a global hub for GCCs. International companies are increasingly turning to India to set up advanced, multi-functional centres due to the country's vast talent pool and cost advantages. These centres are not only expanding but also becoming more sophisticated in terms of the ...Read More >
Indore, July 11 (SocialNews.XYZ) Madhya Pradesh Chief Minister Mohan Yadav inaugurated an exhibition themed "Building Cities of Tomorrow" at the Brilliant Convention Centre in Indore, as part of the 'Madhya Pradesh Growth Conclave' organised on Friday, government officials said. The exhibition showcased various urban development projects being implemented across the state, highlighting robust infrastructure, innovations, investment promotion policies, and developmental schemes, officials added. It featured the Indore Development Authority's infrastructure models, including the multi-purpose ...Read More >
Bengaluru (Karnataka) [India], July 16: Brilyant, a global IT systems integrator and enterprise solutions provider, today announced the acquisition of Sugansa India operations, marking a strategic move to embed Artificial Intelligence (AI) at the core of its future offerings. This acquisition enhances Brilyant capabilities to drive intelligent digital transformation for its enterprise customers across markets. Sugansa, a UK and India-based technology firm known for its advanced AI, ML, and data engineering solutions, has delivered cutting-edge innovation across industries including finance, m ...Read More >