Automation News - Latest Updates & Headlines
India embraces agentic AI as over 80 pc firms bet on future of automation
New Delhi, April 2: India is rapidly embracing the power of agentic artificial intelligence (AI), with over 80 per cent of businesses actively exploring the development of autonomous agents, a new report said on Wednesday.
Zomato cuts up to 600 jobs in customer support amid slowdown: Report
New Delhi, April 1: Zomato, the popular online food delivery platform, has reportedly laid off up to 600 customer support employees, just a year after hiring them.
Indian domestic software market to hit $100 billion by 2035: Report
New Delhi, March 25: India's domestic software market is set for massive growth, with projections indicating a five-fold increase over the next decade to reach $100 billion by 2035, a new report said on Tuesday.
Industrial electronics to help India reach $500 bn manufacturing goal: Experts
New Delhi, March 21: Industrial electronics, which contributes 20 per cent to India’s current $150 billion electronics production, can help the country lead the Industrial Revolution 4.0 and reach the $500 billion manufacturing goal, industry experts said on Friday.
B2B startup Groyyo's revenue drops by 14.4 pc in FY24, losses rise by 9 pc
New Delhi, March 19: B2B manufacturing and automation startup Groyyo reported a 14.4 per cent drop in revenue to Rs 421 crore in FY24, compared to Rs 492 crore in the previous year, according to its latest financial filings.
AI, automation likely to drive growth in India's warehouse sector: Report
New Delhi, March 11: As India’s warehousing sector is expanding rapidly, companies are increasingly adopting artificial intelligence (AI) and automation to improve efficiency and safety, a new report said on Tuesday.
Foxconn's subsidiary Ennoconn set to enter India to boost industrial automation
New Delhi, March 4: In yet another boost for the 'Make in India' initiative, Ennoconn, which is a Foxconn subsidiary, is set to start operations in the country with a focus on industrial automation and digital transformation market.
100 pc FDI to help Indian insurance sector reach $222 billion by 2026
New Delhi, Feb 19: The Indian insurance sector has witnessed impressive growth over the last two decades and the government's allowance of 100 per cent foreign direct investment (FDI) in the sector would further accelerate growth, attracting significant foreign capital and boosting innovation, according to a new report.
Vodafone Idea partners with HCLSoftware to automate 4G, 5G networks
New Delhi, January 14: Telecom company Vodafone Idea (Vi) has partnered with HCLSoftware, the software business unit of HCLTech, to make its 4G and 5G networks smarter and more efficient, as per an exchange filing made by HCLTech on Tuesday.
IIT Delhi launches executive programme in robotics to redefine industrial horizons
New Delhi, January 9: To meet the escalating demand for skilled professionals in this transformative domain, the Indian Institute of Technology Delhi (IIT Delhi) has launched its Executive Programme in Robotics.