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...
India, a Favored Investment Destination, Say Global Companies
Goldman Sachs, IBM, DHL, Brookfield, Standard Chartered Bank, have informed the Indian government that within the next three years, they will significantly scale up their operations in the country. India's asset monetization programs are drawing interest from several global investors, especially those in REIT and InvITs. A slew of free...
IBM To Develop Blockchain-Based Solutions for India's Airtel
Armonk, New York-based technology major IBM won a multi-million-dollar contract to deploy a blockchain-based India-wide network which will allow Bharti Airtel, India's largest mobile service provider, to protect its 284 million subscribers from unsolicited calls and messages. The commercial deployment is already underway and both companies are expected to meet...
India Second Highest Contributor to IBM Patents in 2018
In 2018, over 8.500 IBM inventors across 40 countries received a record number of patents, marking the company's 26th consecutive year of the U.S. patent leadership. IBM also led the industry in the number of AI, cloud computing, security, and quantum computing related patent grants. IBM inventors from India received over 800...
IBM Works with India's Telcos, Enterprises, on 5G Adoption
IBM has started discussions with Indian companies, along with Indian telecom service providers to help them define their 5G strategy and build IBM’s capabilities around the new technology. Archana Vemulapalli, general manager, Network Services and IS Project & Implementation Services, IBM Global Technology Services, said that IBM’s big focus is...
American Companies Top in Leasing Commercial Space in India
In India, American companies occupy about 45 percent of the grade ‘A’ space, as they continue to expand operations leveraging the low cost and highly-skilled resource base in the country. Companies from India account for 35 percent of the office real estate absorption, while those from the European Union take...