Tag: india
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Allow foreign firms to demonstrate hyperloop tech for ultra-high-speed travel: Niti member Saraswat
Stating that India has the capacity to come up with its own design of hyperloop technology for ultra-high-speed travel, Niti Aayog Member VK Saraswat on Sunday said since it is going to take time, the country should permit foreign companies to set up a line to demonstrate the technology.Saraswat, who is heading a committee to…
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Indian State of Delhi scraps electric vehicle subsidies
The Indian State of Delhi has decided to do away with electric vehicle subsidies, incentivizing drivers to purchase EVs. New reports from various Indian media outlets have stated that the country’s electric vehicle policy has been revised with the intention of withdrawing EV subsidy programs that offer rebates when EVs are purchased. The move is somewhat…
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India-US investment: Howdy, Biden, it’s India here
Narendra Modi and Joe Biden met yesterday. The Covid-wracked world has brought enormous new challenges to both India and the US, bringing home a stark realisation of why staying together on multiple issues is essential for the prosperity of both countries. What are some of the low-hanging fruits with respect to investments and related areas?First,…
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After Tesla Model 3, Tesla Model Y Spied Testing in India – VIDEO
There had been multiple spy shots of the Tesla Model 3 undergoing road testing in India. But now, a new spy video has surfaced online that shows that the American electric car manufacturing company is also testing the Tesla Model Y in our country. View this post on Instagram A post shared by PowerDrift (@powerdrift)…
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Inside Mukunda Foods’ kitchen robots
With the onset of COVID-19, businesses have realised that leveraging technology is the key to expecting any kind of success. This also means India is ushering in a ‘new industrial revolution’- Industry 4.0- that is defined by the use of technologies like the Internet of Things (IoT), connectivity, artificial intelligence, machine learning, automation, advanced engineering,…
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Indian digitalisation cautioned of carbon footprint
Global digitalisation is growing, estimated to reach USD2.4 trillion by 2024 from 2019-level, but experts warned of its carbon footprint, adding that there are useful lessons for Co2-proponent in India, where going digital is in full swing. Digitalisation clearly has streamlined existing processes, transformed many industries and is widely seen as a major bridge towards…
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Inside Bhavish Aggarwal’s bold dream to make India a global hub for electric vehicle production
In the past few months, even as Bengaluru was slowly recovering from the brutality inflicted by COVID-19, about 140 km away, at a large factory spread across 500 acres of land, there is hope being engineered. More precisely, around 4,000 workers have been toiling away relentlessly to ensure Ola Future Factory is ready to manufacture…
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Unlocking India’s $1 trillion SaaS opportunity
India could be on the cusp of unlocking a $1 trillion opportunity for Software-as-a-Service (SaaS) companies, creating nearly half a million new jobs by 2030, according to a report titled ‘Shaping India’s SaaS Landscape’ by SaaSBOOMi, in association with McKinsey. To be clear, software accounts for 20 percent of the total enterprise spending on technology…
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Luxe car companies go electric together
Arch-rivals of yore are now frenemies in India. “Welcome Audi E-Tron to our electric car company,” Mercedes-Benz India tweeted on Thursday.Such bonhomie is rare between Mercedes-Benz and Audi. In the Indian automobile industry, it is viewed as a significant change of stance by the two German luxury-car makers, as they bend backwards to entice customers…