Articles for tag: Aims, Boost, Capacity, compute, Crore, Funding, Indias, Innovation, Mission, Partnerships, publicprivate

Market News

India’s AI mission, with Rs 10,372 crore funding, aims to boost compute capacity through public-private partnerships for innovation.

India’s AI mission, with Rs 10,372 crore funding, aims to boost compute capacity through public-private partnerships for innovation.

India’s government is set to enhance its artificial intelligence (AI) capabilities with the India AI mission, which has a budget of Rs 10,372 crores. A significant portion, over Rs 4,500 crores, will focus on increasing “compute capacity” through potential viability gap funding. During a Deloitte India event, Electronics and IT Secretary S Krishnan announced plans ...

Market News

Tata Steel’s Kalinganagar expansion elevates Odisha to the top investment spot, aiming for 40 mtpa capacity by 2030.

Tata Steel’s Kalinganagar expansion elevates Odisha to the top investment spot, aiming for 40 mtpa capacity by 2030.

Tata Steel has announced that after expanding its Kalinganagar plant in Odisha, it will become the company’s largest investment area. With an investment of Rs 27,000 crore for the phase-II expansion, the plant’s capacity will increase from 3 million tonnes per annum to 8 million tonnes. This expansion is crucial for Tata Steel’s goal of ...

Market News

At the 4th RE-Invest Summit, India commits 6 billion to renewable energy, aiming for 500 GW capacity by 2030.

At the 4th RE-Invest Summit, India commits $386 billion to renewable energy, aiming for 500 GW capacity by 2030.

At the 4th RE-Invest Summit, Union Minister Pralhad Joshi announced that banks and financial institutions have pledged nearly $386 billion to renewable energy projects in India. Since 2014, India’s renewable energy capacity has surged by 175%, with solar capacity increasing 33 times. The country aims to reach 500 gigawatts of renewable energy by 2030, surpassing ...

Market News

Airtel partners with Sparkle to enhance global connectivity, acquiring capacity in a submarine cable system linking India and Italy.

Airtel partners with Sparkle to enhance global connectivity, acquiring capacity in a submarine cable system linking India and Italy.

Bharti Airtel has announced a new international partnership to enhance its global network by acquiring extra capacity on the upcoming Blue-Raman Submarine Cable System, which will link India to Italy. The agreement is with Sparkle, a leading Italian telecom provider, and aims to improve low-latency connectivity between Asia and Europe. This partnership will help Airtel ...

Market News

Adani Ports secures a 30-year concession to develop Berth No. 13, enhancing cargo capacity at Deendayal Port by 2027.

Adani Ports secures a 30-year concession to develop Berth No. 13, enhancing cargo capacity at Deendayal Port by 2027.

Adani Ports and Special Economic Zone (APSEZ) has recently signed a concession agreement to develop Berth No. 13 at Deendayal Port in Kandla, Gujarat. This berth, designed to handle multipurpose cargo, is set to be operational by FY27 and has a capacity of 5.7 million metric tons annually. APSEZ established a new subsidiary, DPA Container ...

Market News

JSW Energy secures a 600 MW wind-solar project, boosting its capacity to 18.2 GW, while eyeing carbon neutrality by 2050.

JSW Energy secures a 600 MW wind-solar project, boosting its capacity to 18.2 GW, while eyeing carbon neutrality by 2050.

JSW Energy’s subsidiary, JSW Neo Energy, has secured a 600 MW wind-solar hybrid power project from Maharashtra State Electricity Distribution Company (MSEDCL). This new project boosts JSW Energy’s total locked-in generation capacity to 18.2 GW, which includes a hybrid capacity of 3.8 GW. The company aims to increase its installed generation capacity to 10 GW ...

Market News

Maharashtra approves a  billion semiconductor plant by Adani and Tower, promising 5,000 jobs and boosting India’s chip production capacity.

Maharashtra approves a $10 billion semiconductor plant by Adani and Tower, promising 5,000 jobs and boosting India’s chip production capacity.

Maharashtra’s government has approved a major semiconductor fabrication unit to be built in Panvel, Mumbai, through a collaboration between the Adani Group and Israel’s Tower Semiconductor. This project, involving an investment of approximately Rs 83,947 crore ($10 billion), aims to produce 80,000 semiconductor wafers monthly in two phases. The first phase will invest Rs 58,763 ...

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