Technology

Project implementation in 18 months L&T Construction is creating a centralized network monitoring, management and control system for all the seven layers for the Armed Forces Network under the Network for Spectrum (NFS). The company’s Smart World & Communication Business...

Indo-US virtual networks to address COVID 19 The Indo-US Science and Technology Forum (IUSSTF) has invited Proposals for ‘COVID-19 Indo-US Virtual Networks’ that would allow the two countries’ scientists and engineers currently engaged in COVID-related research to carry out joint...

People compete for education and jobs The Online Test Preparation Market in India is growing with the CAGR of 39% over 2020-24 as people compete for best education and secure jobs. So many competitive exams are conducted every year in...

India seeks defence technologies The Indian base defense expenditure (excluding pensions) is expected to grow at a CAGR of 10.46% in 2021-2025. India is expected to procure and invest in segments such as multirole aircraft, frigates, destroyers, corvettes, submarines, tanks,...

JusPay Board gets VFF representative Sweden’s Vostok Emerging Finance (VEF) has made its first investment in India, leading a US$21 million Series B investment round in JusPay Technologies Private Ltd. VFF led a group of investors in Bengaluru-based JusPay, a...

Hitachi strengthens global network Japan’s Hitachi Limited 80.1% share capital acquisition of ABB Management Holding AG (ABB Management) has been approved by the Competition Commission of India (CCI). CCI approved Hitachi’s acquisition of ABB power grid business on 7 Apr...

3D technology to boost growth India's machine tool market projected is driven by rising industrial automation and is projected to grow at a CAGR of 13% from 2020 to 2024, according to ResearchAndMarkets. In addition, adoption of 3D printing technology...

Focus on India in 2025 business plan Toyoda Gosei Co Ltd intends to develop a more flexible supply system in India that is not bound by product categories. Toyoda Gosei’s focus on Indian market as part of its medium and...

Consumer behavior has changed rapidly Wibmo, the leading provider of payment security and digital payments in India, published “7 Digital Payment Trends of Indian Consumers”, which offers quick insights into online shopping behavior and drivers in the country. The observations...

Lack of a packaging machinery The Indian e-commerce packaging market is expected to reach US$975.4 million by 2025, registering a CAGR of 13.8% during the period of 2020-2025. It was valued at US$451.4 million in 2019. Owing to the rising...