After successfully completing the first edition of the Qualcomm Design in India Challenge, the company announced an investment of $8.5 million for its second edition, where the challenge will focus on rural technology, biometric devices, payment terminals, agriculture technology, medical technology, and smart infrastructure. "Qualcomm Design in India Challenge is...
Some iPhones May Soon Be "Made in India"
Apple CEO Tim Cook said on an earnings call in the first week of February that India is “the place to be.” And Priyank Kharge, the minister for Information Technology for the state of Karnataka, India, said that Cupertino-based Apple Inc., will at first, begin assembling iPhones in India by...
Ola Claims 75% Market Share of India's Urban Taxi Services
India's Bangalore-based transport aggregator Ola said that because of its India-specific innovations such as offline booking and local language apps, the company "effectively holds over three-fourth market share", reports the Economic Times. COO Pranay Jivrajka told the Press Trust of India that the focus of a business needs to be...
India's Property Market May Flourish in 2017
Word on the street was that India's November 2016 demonetization of high value currency notes would have a significant impact on the real estate price; here is what the experts say: Forbes reports that 2017 will be a bumper year for India's real estate market as well as for its...
AMD to Grow R&D Team in India
In an interview with India's Economic Times, Sunnyvale, California-based semiconductor company AMD's chief technology officer Mark Papermaster discussed the contribution of the company's R&D facilities in India. These R&D centers are located in Hyderabad and Bangalore, housing over 1,000 of its 6,000-strong global tech team. Excerpts of the interview: On...
India's Britannia Industries to Go Global
Bakery and dairy product maker Britannia Industries headquartered in Bangalore, India, is planning to expand its presence in overseas markets, reports moneycontrol. "It's our vision to make Britannia not just an Indian food company but a global food company. We want our footprint across the globe and have made some...