Apple, Samsung, Oppo, Vivo, Xiaomi keen on setting up plants in India: Report Samsung, Foxconn, Wistron among others are likely to apply for a production-linked incentive (PLI) scheme nearly worth Rs 41,000 crore as India tries to woo smartphone makers to move and set up manufacturing plants in India, reported The Economic Times. Read more at https://www.moneycontrol.com/news/technology/apple-samsung-oppo-vivo-xiaomi-keen-on-setting-up-plants-in-india-report-5352561.htmlContinue reading

0
,

IT and Telecom Minister Ravi Shankar Prasad said India will initially aim to attract top 5 global mobile manufacturing companies and also promote five local companies that will be identified through a screening process. Read more at: https://economictimes.indiatimes.com/tech/hardware/govt-starts-inviting-application-for-rs-50000-cr-electronic-incentive-schemes/articleshow/76153644.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

0

“India must be a leading country in the development of Artificial Intelligence in the world, leveraging upon its vast Internet savvy population and data it is creating. India’s AI approach should be of inclusion and empowerment of human being by supplementing growth and development rather than making human beings less relevant,” Prasad said. Read moreContinue reading

0

Cisco has been growing its software services portfolio in a pivot away from its traditional hardware business. It had earlier acquired application performance and monitoring company, AppDynamics, in 2017 for $.3.7 billion.   https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/cisco-to-acquire-networking-monitoring-startup-thousandeyes-led-by-indian-founder/articleshow/76094222.cms

0

“Even as we work through the current crisis, we are focused on the future and are investing towards it,” Daniel Mazon, vice chairman and managing director for Indian subcontinent at Philips India, told ET. Read more at: https://economictimes.indiatimes.com/industry/cons-products/electronics/philips-to-invest-rs-300-crore-in-india-manufacturing-rd/articleshow/75695474.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

0