Indian Tech News - Latest Updates & Headlines
Indian tech and durables sector logs 6 pc growth in Q4 2024, smaller cities outpace metros
New Delhi, March 12: The Indian tech and durables sector sustained its growth momentum, registering 6 per cent volume and value growth in Q4 2024 compared to the same quarter of 2023, a new report showed on Wednesday.
AI is not optional for IT industry, it's imperative for growth: Centrum Report
New Delhi, March 10: Artificial Intelligence (AI) is no longer just an emerging technology; it has become a crucial factor for the growth of the IT services sector, according to a recent report by Centrum Institutional Research.
India becomes top investor in London's new growth plan
New Delhi, March 9: India has emerged as the leading investor in London's ambitious new "growth plan," which aims to boost the city's economy and generate an additional 27 billion pounds in tax revenue.
Startup founders' salaries drop over 25 pc in India in FY24: Report
New Delhi, March 9: The salaries of startup founders in India saw a significant decline in the financial year 2023-24 (FY24) as the average salary of 54 founders from 30 Indian tech startups fell by 25.4 per cent to Rs 5.44 crore from Rs 7.3 crore in the previous year.
Union Minister Ashwini Vaishnaw launches AI Compute Portal, govt setting up 27 AI data labs
New Delhi, March 6: Ashwini Vaishnaw, Minister for Electronics and Information Technology, on Thursday launched the AI Compute Portal in New Delhi.
Lenovo bets big on Indian market, to go for 100 pc 'Made in India' PCs
Mumbai, March 6: In a fillip to the government’s ‘Make in India’ initiative, global tech giant Lenovo has announced plans to manufacture its personal computer (PC) models in India within the next three years.
India will emerge as a world leader in AI: Union Minister Nishikant Dubey after Parliamentary panel meeting
New Delhi, March 5: Union Minister Nishikant Dubey on Wednesday emphasized the need for India to advance in artificial intelligence (AI), saying that the country cannot afford to halt technological progress and will emerge as a global leader in the field.
AI will drive India's double-digit growth, says Akash Ambani at Mumbai Tech Week 2025
Mumbai, March 1: Akash Ambani, Chairman of Reliance Jio Infocomm Limited (RJIL), has called artificial intelligence (AI) the biggest technology change of this generation.
Excel in frontier tech by making best use of internationally-competitive infrastructure being set-up in India: Defence Minister
New Delhi, Friday 28: Defense Minister Rajnath Singh has called upon the youth to inculcate scientific temper and excel in frontier technologies by making the best use of the internationally competitive infrastructure being established in the country due to the Government's efforts.
STEM hiring in tier 2 and 3 Indian cities to rise by 15-20 pc by 2027: Report
New Delhi, Feb 28: With tech companies expanding their hiring focus to tier 2 and tier 3 cities, jobs for science, technology, engineering and mathematics (STEM) graduates from these regions is expected to rise by 15-20 per cent by 2027, a report said on Friday.
Design is key to India's legacy and future development: Piyush Goyal
New Delhi, February 28: Design is not only about aesthetics, it is an innovation that has its impact on India's legacy and will play a role in the country's development. This was stated by Union Minister of Commerce and Industry Piyush Goyal during his address at the 44th Convocation Ceremony of National Institute of Design (NID), Ministry of Commerce and Industry said.
Ashwini Vaishnaw showcases designed, made in India laptop
New Delhi, Feb 27: Union Railways and Electronics and IT Minister, Ashwini Vaishnaw, has shared a post on social media platform X, where he is seen unveiling a laptop that is both “Designed” and “Made in India.”
Assam to develop end-to-end semiconductor and electronic ecosystem in 5-10 years: Chief Secretary
Guwahati, February 26: Acting proactively on the development of the manufacturing ecosystem in the state, Assam will develop an end-to-end semiconductor and electronics ecosystem in the state, said Ravi Kota, Chief Secretary of Assam.
Tata Group to sign MoUs with 10 more semiconductor companies: N Chandrasekaran
Guwahati, February 25: Tata Group Chairman Natarajan Chandrasekaran on Tuesday said that the group is set to sign Memorandum of Understanding (MoUs) with 10 more semiconductor companies to boost the ecosystem.
Indian tech industry to hit $300 bn revenue in FY26, workforce to reach 5.8 mn in FY25
New Delhi, Feb 24: The Indian tech industry is projected to reach $300 billion revenue in FY26, a Nasscom report said on Monday, adding that in the current fiscal (estimated), the industry will add at least 126,000 net new employees, taking the total workforce to 5.8 million.
Space, AI key to India recovering global status of technology source: EAM Jaishankar
Varanasi, Feb 23: External Affairs Minister S. Jaishankar on Sunday said the country today is trying to recover its global status as a source of technology, adding that space and AI are a few areas in which India can play that role with government's efforts to develop talent.
'New Education Policy' preparing people for challenges of 'new world': EAM Jaishankar
Varanasi, February 23: Highlighting India's role as a source of technology throughout history, External Affairs Minister S Jaishankar said that India is now trying to reclaim that position, and a step in that direction is the New Education Policy, which aims to prepare people for the challenges of the 'new world'.
SaaS leads India's AI startup boom amid Centre's mega push
New Delhi, Feb 19: India's artificial intelligence (AI) startup ecosystem is witnessing a major boom, driven by the rapid adoption of AI-powered software-as-a-service (SaaS) solutions, a new report said on Wednesday.
Google opens one of its largest campuses in Bengaluru, 'Ananta' to improve lives through technology
Bengaluru, February 19: Google has opened its new campus, Ananta (meaning limitless in Sanskrit), in Bengaluru. This state-of-the-art facility is one of Google's largest globally and represents a significant investment in India's tech ecosystem.
Udaan's financial woes continue despite new fundraise, revenue stagnates
Bengaluru, Feb 18: B2B e-commerce platform Udaan is facing serious financial challenges despite securing fresh funds as the company's revenue remained almost flat in FY24.
Indian graduates show strong aptitude for AI, ML roles: Report
New Delhi, Feb 18: Indian graduates are demonstrating a strong aptitude for roles in the fields of Artificial Intelligence (AI) and Machine Learning (ML), according to a report on Tuesday.
'India needs strong production base, not empty words': Rahul Gandhi swipes at Centre
New Delhi, February 15: Congress leader Rahul Gandhi on Saturday highlighted the importance of a robust industrial system and clear vision to propel the country forward, and also raised questions over the government's understanding of modern technological advancements, particularly in the field of drones and artificial intelligence (AI).
Nazara Technologies' profit declines 53.6 pc in Q3
Mumbai, Feb 15: Gaming and e-sports company Nazara Technologies reported a sharp decline of 53.6 per cent in its net profit for the October-December quarter (Q3) of FY25.
India needs strong production base not empty words: Rahul Gandhi
New Delhi, February 15: Leader of Opposition in Lok Sabha and Congress MP Rahul Gandhi on Saturday criticised Prime Minister Narendra Modi over his handling of technological advancements, particularly in drones and artificial intelligence (AI).
JioHotstar: JioCinema, Disney+ Hotstar merge to redefine streaming experience
Mumbai, February 14: JioCinema and Disney+ Hotstar, two of India's leading platforms, have merged into JioHotstar.
GCC leasing surges to 31 pc of total market, Bengaluru leads
Mumbai, Feb 14: Global Capability Centres (GCCs) have leased 22.5 million square feet (mn sq ft) in 2024, accounting for 31 per cent of total leasing volumes, according to the latest office market assessment by real estate consultancy Knight Frank India.
Bhavish-led Ola Consumer clocks 21 pc decline in revenue in FY24
New Delhi, Feb 13: Bhavish Aggarwal-run Ola Consumer, which runs the cab-hailing service, on Thursday reported 21 per cent decline in its consolidated revenue from operations and other income for the last fiscal (FY24).
Indian companies increasing AI investments, focus on open source and governance: Report
New Delhi, Feb 12: Indian businesses are making significant strides in AI adoption, with 87 per cent of surveyed companies have advanced their AI strategies for 2024 and 76 per cent already seeing positive returns on their investments, a report said on Wednesday.
India's AR developer community grows by over 50 pc in 2 years: Snap Inc
Mumbai, Feb 12: India's augmented reality (AR) developer community has grown by over 50 per cent in two years, now home to the highest number of AR lenses globally, Snap Inc said on Wednesday.
'Make in India' booster: Nothing to locally manufacture new smartphone series
New Delhi, Feb 10: Aligning with the government's 'Make in India' initiative, London-based technology company Nothing on Monday announced that its latest Phone (3a) series will be manufactured in the country.
89 pc of Indian tech service enterprises begin GenAI proof-of-concept projects
New Delhi, Feb 10: At least 89 per cent of Indian technology service enterprises have initiated generative AI (GenAI) proof-of-concept (POC) projects, with 33 per cent already in production, according to a report on Monday.
Zomato to be renamed 'Eternal'; platform unveils new logo, aims for lasting legacy beyond food delivery
New Delhi, February 6: Zomato Ltd on Thursday announced that its board has approved the change of name of the company to Eternal Ltd., marking a significant transformation in its corporate identity.
Indian servers to host China's DeepSeek AI, address privacy concerns: Ashwini Vaishnaw
New Delhi, Jan 30: Indian servers will host the new Chinese artificial intelligence platform DeepSeek, along with addressing privacy concerns around it, Union Minister of Railways and Electronics and IT, Ashwini Vaishnaw, said on Thursday.
Dixon Technologies' net profit rises over 100 pc in Q3, revenue up 119 pc
New Delhi, Jan 20: Homegrown electronics manufacturer Dixon Technologies on Monday doubled its net profit in Q3 FY25, as earnings rose to Rs 216 crore from Rs 97 crore in the same period last fiscal.
HCLTech IPO turns 25; IT firm accumulated over 1,300% return on investments in these years
Mumbai, January 18: HCLTech's Initial Public Offering turned 25 years, and the IT services firm celebrated this special occasion with a special bell-ringing ceremony at the National Stock Exchange (NSE) in Mumbai.
POCO launches X7 5G, available on Flipkart at Rs 19,999
New Delhi, Jan 17: POCO, one of India’s leading consumer technology brands, on Friday launched its latest powerhouse POCO X7 5G. The POCO X7 5G is designed for people who demand durability, performance, and value.
Maha Kumbh 2025: Tejas aircraft emerges as new attraction, conveys message of 'self-reliance'
Prayagraj, January 16: The 'Tejas Pandal' at the ongoing Mahakumbh 2025, which is inspired by the HAL Tejas aircraft of the Indian Air Force, has emerged as a special attraction capturing the attention of devotees in Prayagraj.
PM Narendra Modi underlines his vision of maximum governance, minimum government
New Delhi, January 10: Prime Minister Narendra Modi said that people misunderstand the meaning of, "minimum government, maximum governance". He said that the efforts must be to increase the speed of work done by government departments and thus, he had made different ministries for skill, cooperatives, and fisheries.
Draft DPDP rules prioritise India's citizen-centric governance: PMO
New Delhi, Jan 7: The Draft Digital Personal Data Protection (DPDP) Rules, 2025, prioritise India's commitment to citizen-centric governance as they aim to safeguard personal data while driving growth and inclusivity, the Prime Minister's Office (PMO) said on Tuesday.
Dr. Rajagopala Chidambaram's death 'irreparable loss to Indian scientific community'
New Delhi, Jan 4: The death of veteran nuclear scientist, Dr. Rajagopala Chidambaram is an “irreparable loss to India's scientific community”, said scientists on Saturday.