Technology

The Indian compressor market is projected to attain a value of US$2.7 billion by 2024, growing at a 7% CAGR during 2019-2024, on demand from automobile sector, according to an industry report.

A draft National electronic Commerce (e-commerce) policy has been prepared and placed in public domain, which addresses six broad issues of the e-commerce ecosystem, Commerce and Industry Minister Piyush Goyal said in a written reply to Rajya Sabha on 26...

India’s investments in artificial intelligence is expected to expand at a CAGR of 33.49% during the 2018-2023 period. In 2017, the investment was Rs.773.64 billion, according to a ResearchAndMarkets report.

India will have a greater voice at International Maritime Organization (IMO) even as it works towards complying with the IMO 2020 regulations on limiting sulphur content of bunker fuel.

Admiral Karambir Singh, Chief of the Naval Staff, Indian Navy, said that there is enough headroom in mercantile marine sector for India to attain the critical mass and become a hub for defence shipbuilding.

Twenty-seven focus sectors have been identified to showcase India’s advances in space, pharmaceuticals, information technology, renewable energy and telecom sectors and also India’s strength in innovation and start-ups at the Dubai World Expo 2020.

The Guidelines for Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Wind Power Projects have been amended by Ministry of New and Renewable Energy and released on 25 July 2019.

Hewlett Packard Enterprise (NYSE: HPE) plans to invest US$500 million in India over the next five years to grow its operations, manufacturing and employee base in the country.

Exclusive Pavilions on AI, IoT, Robotics, Startups, Components and Parts will be showcased at the 10th edition of EXCON, South Asia’s largest construction equipment trade fair to be held in Bengaluru 10-14 December 2019.

Expansion is on the cards for employers across India in 2019, as 73% say they feel optimistic about the country’s growth outlook, and 66% have plans to further expand their headcount.