John Chambers, executive chairman, Cisco, and chairman, U.S.-India Strategic Partnership Forum says, "While India has long been an important global market, never before has it attracted so much enthusiasm from the American business community." Chambers attributes India's economic transformation, from "slow follower to fast innovator in a matter of several...
Chinese Group Expects India to Overtake China in Innovation by 2025
According to China's Science Technology Exchange Center, India's innovation growth rate will rise significantly over the next 15 years, and come close to surpassing China. "It is predicted that the innovation competitiveness of India will see a significant rise with its growth rate probably surpassing China between 2025-2030," the independent...
Schneider Electric Confident of Double-Digit Growth in India
French energy management company, Schneider Electric, is preparing to make India its export hub on the back of government’s policies such as Make in India, Digital India and Smart City Mission. (Schneider owns the former American Power Conversion company in the U.S. and still controls the APC brand). The company's...
India Launches its Own Products to Support the Digital India Drive
Communications and IT Minister Ravi Shankar Prasad launched four broadband products developed by the Center for Development of Telematics in the hope of adding 250,000 rural communities under broadband services and enhance India's Internet penetration from 300 million to 500 million within two-and-a-half years, reports BGR. The Center for Development...
Oracle Plans to Set Up Data Centers in India
With the government of India’s initiatives such as Digital India, e-governance and m-governance, Oracle expects an increase in demand of data services in the country, and plans to set up its own data centers to host applications and other cloud-based solutions. “Today we have around 600 products in the cloud;...
India’s Software and Hardware Representative Bodies Partner to Support the ‘Digital India’ Initiative
The partnership between the National Association of Software and Services Companies and the India Electronics and Semiconductor Association is aimed at making India a leading player in the IT and the Electronic System Design and Manufacturing industry over the next decade. With electronics, computing and communication paradigms shifting to the...