Per the World Bank's updated data for 2017, India edged past France to become the world's sixth-largest economy. India's gross domestic product stood at $2.597 trillion at the end of last year while the French economy was valued at $2.582 trillion. The U.S. remains the world's largest economy with a...
IBM Grows in India, While Shrinking in China & USA
While its revenue shrank globally, India was one of the fastest growing geographies for IBM in 2017. IBM India’s revenue grew by 8.6% in reported currency for the year. Mexico, Spain, France, Canada, and Brazil also reported growth. China declined by 10% in constant currency. Many other geographies declined too,...
India Gets Ready for 5G Adoption
With plans to implement the 5G ecosystem in 2020, India is focused on the compliance and testing of 5G standards which are likely to be finalized this year. Finance Minister Arun Jaitley said that India's Department of Telecom will support the 5G test bed at the Institute of Technology in...
U.S., India, China Step-Up Moon Exploration
NASA scientists have plans to visit the Earth-Moon Lagrangian point, or EML-2, about 37,000 miles above the far side of the Moon, where the gravitational pull of two separate bodies creates "parking places" or stable areas to land orbiting spacecraft. There is no clear timeline to this plan yet. China...
Lockheed Martin Partners India Innovation Growth Program
The India Innovation Growth Program (IIGP) has been one of India’s longest standing public-private partnerships between Government of India’s Department of Science & Technology (DST) and Lockheed Martin Corporation. The goal of the Program is to build an innovation pipeline in India, and it has facilitated access to capital, industry...
AngelList Launches Syndicate Services for India
San Francisco-based AngelList, a crowdfunding platform and start-up community, launched ‘Syndicates for India’— a way for investors in India to invest alongside experienced angels and venture investor funds that invest in India’s vibrant tech ecosystem. For investors, syndicates are a private single-deal investment vehicles that let an investor invest in...