India could become a key supplier of electronic parts and hardware for the United States, U.S. Commerce Secretary Gina Raimondo said on Friday, adding that Washington was not seeking a “technological decoupling” from China. Raimondo’s visit to New Delhi comes amid increasingly tight U.S. export restrictions on chipmaking technology to China which Washington says are […]
India
The United States and India will sign a memorandum of understanding on semiconductors as both countries discuss coordination of investment and continue dialogue around policies to spur private investment, U.S. Commerce Secretary Gina Raimondo said on Thursday. Raimondo, who is on a four-day trip to India, is accompanied by the chief executive officers of 10 […]
Jio Platforms, owned by Indian conglomerate Reliance Industries Ltd, will buy communications equipment maker Mimosa Networks for $60 million to bolster its expanding 5G and broadband services, the companies said on Thursday. The deal is between Radisys Corp, a unit of Jio Platforms, and US-based Airspan Networks Holdings, which owns Mimosa. Mimosa has a portfolio […]
U.S. President Joe Biden will host leaders of Australia and Britain in San Diego next week to chart a way forward for provision of nuclear-powered submarines and other high-tech weaponry to Australia, sources familiar with the plans said. Australian Prime Minister Anthony Albanese said before leaving on a visit to India on Wednesday he would […]
A push by Group of 20 (G20) president India to regulate cryptocurrencies gained support from both the International Monetary Fund and the United States on Saturday as finance chiefs of the bloc wrap up two-days of talks. India has said it wants a collective global effort to deal with problems posed by cryptocurrencies such as […]
Indian carmaker Tata Motors has begun talks with sovereign wealth funds and private equity investors to raise up to $1 billion via a stake sale in its electric vehicle (EV) business, Economic Times reported on Thursday, citing sources. The company plans to sell a significant minority stake, the newspaper report added, eyeing a valuation of […]
Uber Technologies will introduce 25,000 electric vehicles (EVs) in India for ride-sharing over three years, its country head said on Monday, its first move to adopt clean cars. The EVs will be bought by Uber’s fleet partners from Tata Motors, India’s biggest electric carmaker, Prabhjeet Singh, president, Uber India and South Asia told Reuters. “We […]
The White House is launching a partnership with India on Tuesday that President Joe Biden hopes will help the countries compete against China on military equipment, semiconductors and artificial intelligence. Washington wants to deploy more Western mobile phone networks in the subcontinent to counter China’s Huawei Technologies, to welcome more Indian computer chip specialists to […]
The rapid take-up of electric vehicles in India’s fledgling market has prompted a major rethink about the country’s long-term fuel needs as refiners in Asia’s third-largest economy hasten their shift away from oil production. India, one of the world’s fastest growing oil markets, has lagged major economic peers in Europe and Asia in the adoption […]
India has been preparing to introduce 5G for years, but delays have kept happening. According to the most recent information, the implementation should be finished before March 2023 if the government has its way in the current round of frequency auctions. That depends on a lot. The government has consistently overpromised when addressing the 5G […]