To be sure, progress on Indiaâs FTA with the European Union has not been insubstantial. Both sides have committed themselves to signing it by the end of this calendar year. When it happens, it will be the worldâs largest deal of its kind. A trade pact between both sides will not just strengthen our trade…
Semiconductors lie at the core of modern life. Factories to make them can be extremely expensiveâto the order of $20 billion or so for a single factory. The ultimate prize can be significantâbuilding a scientific and technical eco-system like Silicon Valley. âThe success of Silicon Valley is one that many other countries would like to…
Globally, value investors led by billionaire Warren Buffett have had a hard time these past few years, given their commitment not to buy overpriced shares. Also Read: Stock slide: Are investor fears of a bear market exaggerated? Buffettâs Berkshire Hathaway ended 2024 sitting atop a $334-billion pile of cash and its equivalents. So large is…
The move triggered conversations about the global semiconductor market, US dominance, the lopsided chip industry, and what would happen if the US imposed even more severe restrictions on Indiaâs access to processors. What would happen if India fails to procure chips? The move would deal a significant blow to Indiaâs large corporations across industriesânot just…
Nailing down a strategic focus on diversification of global technology innovation away from established powers will offer India its biggest opportunities to grow in global relevance, said Chris Miller, author of global bestseller Chip War: The Fight for the Worldâs Most Critical Technology and professor of international history at Tufts University in the US, in…
Fixing this problem does not appear to be a priority for the government led by Prime Minister Narendra Modi, as we saw yet again last week. If that doesnât change, all plans to transform governance may come to naught. The Indian Administrative Service (IAS), the elite bureaucrats who are constitutionally required to make every decision…
This belief is at odds with reality. The future of technology is being shaped not just by code, but by chips, and failing to recognize this could risk more than investment gains. Consider Taiwan Semiconductor Manufacturing Company (TSMC), a near $900 billion giant, posting 45% monthly revenue growth. MediaTek, collaborating with Nvidia on a new…
New Delhi: In his first Independence Day address after returning to power for a third term, Prime Minister Narendra Modi announced new measures and objectives, outlined progress in some others, and laid special emphasis on agriculture, semiconductors, and manufacturing. The PM announced a medical education expansion programme, under which 75,000 new medical seats will be…
Mr Pichai is not alone. New Street Research, a firm of analysts, estimates that Alphabet, Amazon, Meta and Microsoft will together splurge $104bn on building AI data centres this year. Add in spending by smaller tech firms and other industries and the total AI data-centre binge between 2023 and 2027 could reach $1.4trn. The scale…
India and the United Kingdom have unveiled a pioneering technology security initiative aimed at spurring economic growth and deepening bilateral cooperation, reported AP. This announcement coincided with the inaugural official visit to India by the UK’s newly appointed Foreign Secretary. Under this new agreement, both nations will collaborate on critical technological advancements, spanning areas such…
