A partnership between Mumbai-based Tata Consultancy Services (TCS) and the Texas- and San Francisco- headquartered private equity firm TPG will build a critical Artificial Intelligence (AI) data center infrastructure in India. Salient features of the collaboration: Investment Secured: Tata Consultancy Services (TCS) has secured a $1 billion investment from private equity...
Starlink Accelerates Satellite Internet in India
Elon Musk’s satellite internet venture, Starlink, is making significant strides toward launching operations in India by laying the groundwork for terrestrial infrastructure. The company has begun discussions with key players across the data, telecom, and fiber sectors to build the ecosystem necessary for satellite connectivity. Among those in talks are...
Amazon Boosts Indian Exports to $5 Billion
Amazon's Global Selling program is set to significantly boost Indian exports in 2024, with the e-commerce giant expecting to facilitate $5 billion in sales of small-ticket items from Indian exporters to international markets such as the U.S. and UK. This marks a substantial increase from the nearly $3 billion in...
India’s e-Commerce Industry Poised for Massive Growth
India's e-commerce market is expected to reach over $160 billion by 2028, up from an estimated $57-60 billion in 2023. Online retail has accelerated after COVID-19, with the market expanding by $8-12 billion yearly since 2020, according to the How India Shops Online 2023 report by Bain and Co., in...
U.S. to Ease Visas for Skilled Workers from India
The Biden administration will make it easier for Indians to live and work in the United States. As part of a pilot program (first reported by Bloomberg Law in February) the State Department may announce as soon as Thursday that a small number of Indians and other foreign workers on...
U.S. Commerce Launches IPEF Upskilling Initiative to Train 7 million women
The U.S. Department of Commerce and the Office of the U.S. Trade Representative (USTR) launched the IPEF Upskilling Initiative, in support of the objectives of the Indo-Pacific Economic Framework (IPEF). The Initiative will be a public-private endeavor to support sustainable and inclusive economic growth by providing primarily women and girls in...