IKEA, the world’s largest furniture retailer, is significantly accelerating its investment in India, designating it a "priority market" for long-term growth. Despite global sales dropping to $51.7 billion in FY2025 from $52 billion the previous year, the company's Indian operations saw a 6% revenue increase and a 10% improvement in...
Qualcomm India Designs a 2 nanometer Chip
Qualcomm Technologies announced the successful tape-out of its 2-nanometer chip design, developed through its engineering centers in Bangalore, Chennai, and Hyderabad. Qualcomm Incorporated is an American multinational corporation headquartered in San Diego, California. It creates semiconductors, software and services related to wireless technology. The company said the milestone highlights the...
Microsoft’s India AI Investment Expands
Microsoft announced its largest investment in Asia to date, committing $17.5 billion to India over four years, spanning from calendar year 2026 to 2029. This capital injection is designed to advance the nation's cloud and artificial intelligence infrastructure, workforce skilling, and operational capabilities. The funding builds upon a previous $3...
Reliance JV Fuels India’s Digital Ambitions
Digital Connexion, a joint venture between Reliance Industries, Brookfield Corporation, and Digital Realty, announced plans to invest $11 billion in building a 1-gigawatt AI-native data center campus in India. Scheduled for completion by 2030, the project represents one of the largest single data center investments in the country, underscoring India’s determination...
India Expands Fast Track Entry at 13 Airports
India has broadened its Fast Track Immigration – Trusted Traveler Program (FTI-TTP) to include 13 major international airports, aiming to streamline the immigration process for both arriving and departing travelers. Originally launched in 2024, the program was first implemented at key metro hubs. FTI-TTP is designed to reduce wait times...
WPP Expands India Footprint with New Chennai Campus
Headquartered in London, WPP plc is one of the world's largest advertising and public relations holding companies. Founded in 1985 by Sir Martin Sorrell, WPP has grown through numerous acquisitions to become a dominant force in the global marketing communications industry. WPP works with many of the world's leading brands...