Markets

5G-IoT to catalyse the demand for wireless charging The wireless technology market in India is expected to reach Rs.5.55 trillion in FY 2028, expanding at a compound annual growth rate (CAGR) of ~21.47% during the FY 2024-FY 2028 period, according...

Healthcare firms focuse on scalability and improved economic efficiency The digital healthcare market in India is projected to achieve Rs.1.16 trillion by 2028, with a CAGR of 15.76% during 2023-2028, according to a ResearchAndMarkets.com report. In 2022, the market recorded...

Balasubramanian goes on global talent hunt for expanding 30,000+ team Hexaware Technologies https:// hexaware.com/ , a global technology solutions provider from Navi Mumbai, has announced plans to hire between 6,000 and 8,000 employees this year for expanding its 30,000+ teams...

Large investments in renewables will boost construction industry The construction industry in India is expected to grow by 11.2% to reach Rs.25,316 billion in 2024 http://pmindia.gov.in , and record a CAGR of 9.4% during 2024-2028, reaching an estimated Rs.36,221.6 billion...

250 bn real-time payment transactions expected by 2027 The momentum is expected to continue for India's B2C E-Commerce sector, with the Gross Merchandise Value (GMV) projected to exceed EUR300 billion by 2030 https://sbi.com.in/ , says a report released by ResearchAndMarkets.com...

WhatsApp most popular messaging app in India with 400m+ users CK-12 Foundation, the leading non-profit educational platform, has launched http://flexi.com, its innovative AI tutoring assistant, on WhatsApp all throughout India in 300+ languages and dialects. The Palo Alto, California-based company...

Local scrap prices down by $14/MT, traders not keen on buying imported scrap Demand for steel products in India is weak and secondary mills are cutting production, while anticipating a surprise announcement in the national budget due this month following...

New entrants are acquiring significant growth areas in India The India Data Centre Market is expected to reach US$13.96 billion by 2029, rising at a CAGR of 12.46% from US$6.90 billion in 2023, according to ResearchAndMarkets report released on 27...

New India site will join Astera Labs’ existing R&D centres in US, Canada and Israel Santa Clara-headquartered Astera Labs, Inc. (Nasdaq: ALAB) http://asteralabs.com , a global leader in semiconductor-based connectivity solutions for AI and cloud infrastructure, is expanding operations to...

Gurugram-headquartered company poised to pursue inorganic and organic opportunities Gurugram’s FieldAssist https://www.fieldassist.com/ is amongst a rare breed of bootstrapped and profitable startups, its new Chief Operating Officer (COO) Puneet Gupta is to lead and execute strategic growth initiatives. The company,...