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BFSI and Manufacturing Verticals Biggest Spenders on AI: IDC

IDC forecasts spending on artificial intelligence (AI) in India to grow at a CAGR of 30.8 per cent for 2019-23 as focus on AI...

$4.6 Billion Incentive For EV Battery Manufacturers in India?

The report also suggests that the NITI Aayog has drafted a proposal. The same might be made public once seen by the the Prime...

India’s Neighbour China Has Most Installed Industrial Robots: Report

China, Japan, and the United States cumulatively control about 58.71 per cent of the global industrial robot installations As of September 2020, there were 381,000...

VolksWagen-Backed Battery Startup Going Public at $3.3 Billion Valuation

QuantumScape, founded in 2010 in California, has previously announced a joint venture with Volkswagen, to enable industrial-level production of solid-state batteries for use in...

Foxconn, Wistron and Pegatron Commit $900 Million For India: Report

All the three contract manufacturers are suppliers of Apple. The electronics manufacturing industry in India stood at Rs 4,58,000 crore in 2018 Foxconn, Wistron and...