At the meeting, Chung shared his vision to nurture India as the group’s global export hub as Hyundai expands its business to Asia, the Middle East, and Africa…reports Asian Lite News
The chief of Hyundai Motor Group recently visited India and laid out a vision to bolster its operations there to utilise the country as a key export hub for the South Korean automaker, the group said on Thursday.
Over the past year, Hyundai Motor Group has announced new investment plans in India totalling approximately 5 trillion won ($3.75 billion), reflecting the group’s intent to better target one of the fastest growing major automotive markets in the world.
Euisun Chung, Hyundai Motor Group’s executive chair, visited the group’s Indian headquarters in Gurugram, Haryana on Tuesday and discussed medium- to long-term strategies for the Indian market with employees.
He also held a town hall with some 400 employees and shared his future visions. It marked the first time for Chung to hold a town hall with employees overseas, reports Yonhap news agency.
At the meeting, Chung shared his vision to nurture India as the group’s global export hub as Hyundai expands its business to Asia, the Middle East, and Africa.
He also highlighted customer trust, employees’ dedication, and technological expertise as key growth factors in India, while expressing pride in the group consistently achieving the second position in the Indian market share.
Regarding Hyundai’s electric vehicle (EV) business direction, Chung said Hyundai will “play an active role in electrification through specialised EV development for the Indian market” and envisioned the group leading India’s clean mobility sector by the time EV adoption becomes mainstream by 2030.
Hyundai Motor has long established India as one of its largest global production bases.
The company established its first Indian manufacturing plant in 1998 and a second one in 2008.
Meanwhile, automaker Hyundai Motor on Thursday launched the corporate edition of the ‘Grand i10 NIOS’ at an introductory price of Rs 6,93,200 in India.
The new vehicle comes available in seven colours — Atlas White, Typhoon Silver, Titan Grey, Teal Blue, Fiery Red, Spark Green, and the newly added Amazon Grey.
“The ‘corporate variant’ will offer peace of mind with affordable cost of ownership, backed by Hyundai Motor India’s robust warranty package and nationwide service backing,” Tarun Garg, COO, Hyundai Motor India, said in a statement.
According to the company, the new car offers best-in-class safety, including six airbags as standard and various features, including a 17.14 cm touchscreen display audio.
The Grand i10 NIOS comes powered by a 1.2-litre naturally aspirated petrol engine. It offers features like auto up-down for the driver window, rear AC vents, fast USB Type C charger, passenger vanity mirror, rear power outlet and others.
The 17.14 cm touchscreen infotainment system comes with four speakers with USB and Bluetooth connectivity.
For safety, the car offers various features such as a tyre pressure monitoring system, airbags, seat belt reminders, day and night inside rear-view mirror (IRVM), anti-lock braking system (ABS), central locking and impact sensing door unlock.
The selected startups will receive guidance on building human-centred and responsible AI solutions and access to the Google mentor network..reports Asian Lite News
Google on Thursday said that it has opened applications for this year’s ‘Startups Accelerator: AI First’ programme in India.
The programme will provide three months of equity-free support to startups solving problems across varied industries and using cases using artificial intelligence (AI).
“The Google for Startups Accelerator: AI First is one of the several accelerator programmes we offer throughout the year across the world, bringing the best of Google to early-stage startups using AI, machine learning (ML) and Cloud technology to tackle some of the most urgent global challenges,” the tech giant said in a blogpost.
The selected startups will receive guidance on building human-centred and responsible AI solutions and access to the Google mentor network.
They will also get training on design, marketing, and leadership, and access to tech stack credits and state-of-the-art AI tools.
Only startups based in India, using AI in their core solution or product, including generative AI, and preferably between Seed to Series A stages are eligible to apply, the company mentioned.
“The Google for Startups Accelerator programme has enabled startups to solve systemic challenges using AI, and this focus is now further sharpened to include startups that are using large language models for generative AI-based solutions,” Google said.
Meanwhile, agritech company Cropin Technology on Tuesday launched the sector’s first open-sourced micro-language model for climate-smart agriculture, targeting undeserved farmers in Global South.
The Google-backed Cropin launched ‘akṣara’ AI model which is designed to remove barriers to knowledge, and empower anyone in the agriculture ecosystem to build frugal and scalable AI solutions for the sector.
The first version of ‘akṣara’ will cover nine crops — paddy, wheat, maize, sorghum, barley, cotton, sugarcane, soybean, and millets for five countries in the Indian subcontinent.
Recognising the environmental impact of running large language models (LLMs), Cropin has meticulously compressed ‘akṣara’ into 4-bit from 16-bit.
“Domain-specific AI models for agriculture are expected to attract significant investments, offering a practical and economically viable approach to food systems transformation,” said Krishna Kumar, Founder and CEO, Cropin.
These models can potentially transform agriculture, paving the way for a new era of tech-driven farming in a sector that has traditionally seen limited technological advancement.
The ‘akṣara’ AI model was fine-tuned with more than 5,000 high-quality question-response pairs specific to agriculture and more than 160,000 tokens in the context.
“These numbers are expected to increase as we add more crops, geographic locations and use cases,” said the company.
Factors like irregular or extreme rainfall, unpredictable heatwaves, and increased pest and disease attacks affect farmers’ practices and reduce agricultural yield, productivity, and profitability.
Cropin said it aims to bridge this gap with ‘akṣara’ by harnessing the power of GenAI to provide insights into modern farming practices, accurate information, and farm advisories.
The open-source initiative aims to support agronomists, agri-scientists, field staff, and extension workers and gradually extend the services to farmers in multiple languages, the company added.
At a DPI conference by India’s UN mission, he praised India’s digital infrastructure for empowering millions towards financial independence…reports Arul Louis
India exemplifies how the digital revolution can be made accessible to millions and become “a fundamental driver of social transformation and progress”, according to UN General Assembly President Dennis Francis.
“Models like the Citizen Stack (of India) should be embraced and replicated across countries in the Global South – supporting and empowering people, particularly the most vulnerable in our communities, in the true spirit of leaving no one behind,” he said on Thursday.
Speaking at a conference on Digital Public Infrastructure (DPI) hosted by India’s UN mission, he recalled his visit to India in January, when, he said, he saw the rapid expansion of digital public infrastructure that has removed many barriers and “enabled millions to achieve financial independence and prosperity”.
“In just seven years, India’s digital public infrastructure model has achieved over 80 per cent financial inclusion for its citizens, and now accounts for more than 60 per cent of all digital transactions worldwide,” he said.
At the conference, India showcased its Citizen Stack, the pioneering DPI, that provides seamless interoperability between various functions, from identity (for example, Aadhar) and payments (like UPI and Walmart’s PhonePe) to health (Sanjeevani) and public services delivery.
India’s Electronics Minister Ashwini Vaishnaw in a video message said, “India believes in the ethos of ‘One World, One Family, One Future’ (and) consistent with our ethos, we offer our Citizen Stack to the world.”
“The G20 summit in New Delhi last year recognised the transformative power of DPI and following this, India took the initiative to establish a global repository for DPIs currently housing over 55 DPIs from 16 countries,” he said.
“India has pledged $200 million to a social impact fund that will accelerate DPI adoption globally, especially in the developing countries,” he added.
In the digital universe, India’s DPI is unique because unlike the commerce-driven systems predominating the West or the closed government-controlled model in China, India’s DPI provides an open digital infrastructure with guardrails that the private and public sectors can use.
India’s Permanent Representative Ruchira Kamboj said, “India’s journey offers powerful lessons for other nations embarking on digital transformations emphasising a design approach focused on shared building blocks to spur innovation across ecosystems.”
“We invite you to engage with us, let’s stack up the benefits worldwide, and help millions more,” she said, “achieve their dreams”.
To evangelise the DPI model, India’s UN Mission is holding one-on-one sessions on Friday for countries that are interested in adopting it.
Amitabh Kant, who was India’s Sherpa for the G20 Summit, said that India was offering a “modular open source identity platform” that can be adopted by any country’s needs.
“Do not replicate what India has done,” he said. “If you want to transform the lives of citizens like India, you can use the model based on your own country’s ethos in a manner so that you can transform the lives of your citizens.”
Cognizant said that it will work to deploy Microsoft 365 Copilot to a million users within their global 2,000 clients and across 11 industries….reports Asian Lite News
Cognizant and Microsoft on Monday announced an expanded partnership with the aim of making the tech giant’s generative AI (GenAI) and Copilots available to millions of users to transform enterprise business operations, enhance employee experiences, and accelerate cross-industry innovation.
As part of this collaboration, Cognizant purchased 25,000 Microsoft 365 Copilot seats for its associates, along with 500 Sales Copilot seats and 500 Services Copilot seats to improve productivity, streamline workflows and transform customer experiences.
“Generative AI can be a game-changer for virtually every business in every industry, opening up new possibilities for innovation, efficiency and growth,” Ravi Kumar S., CEO, Cognizant, said in a statement.
“That’s why we are investing $1 billion in GenAI over the next three years and leading the development of new research to explore its potential for our clients, their employees and end customers,” he added.
In addition, Cognizant said that it will work to deploy Microsoft 365 Copilot to a million users within their global 2,000 clients and across 11 industries.
“By combining Cognizant’s industry expertise with Microsoft’s Copilot capabilities, including Copilot for Microsoft 365 and GitHub Copilot — we will help drive AI adoption and innovation for millions of users across its network,” said Judson Althoff, executive VP and chief commercial officer at Microsoft.
According to the company, this partnership has the potential to significantly accelerate AI adoption and innovation in India.
AI is expected to add $450 to $500 billion to India’s GDP by 2025, accounting for 10 per cent of the country’s $5 trillion GDP target, the company mentioned.
Meanwhile, Microsoft on Tuesday announced a $1.5 billion investment in the UAE-based artificial intelligence (AI) technology company, G42.
Both companies will also support the establishment of a $1 billion fund for developers.
The investment will strengthen collaboration on bringing the latest Microsoft AI technologies and skilling initiatives to the UAE and other countries around the world.
As part of this partnership, Brad Smith, Vice Chair and President of Microsoft, will join the G42 Board of Directors, the companies said in a statement.
“This partnership is a testament to the shared values and aspirations for progress, fostering greater cooperation and synergy globally,” said H.H. Sheikh Tahnoon bin Zayed Al Nahyan, Chairman of G42.
G42 and Microsoft will also work together to bring advanced AI and digital infrastructure to countries in the Middle East, Central Asia, and Africa.
“We will work together not only in the UAE, but to bring AI and digital infrastructure and services to underserved nations,” said Smith.
“We will combine world-class technology with world-leading standards for safe, trusted, and responsible AI, in close coordination with the governments of both the UAE and the US,” he added.
Last week, the billionaire had tweeted that he was looking forward to meeting Prime Minister Narendra Modi….reports Asian Lite News
Elon Musk, on Saturday, confirmed that he will not visit India this month amid crucial Tesla quarterly results and will possibly visit the country later this year to announce his investment plans.
In a post on X, the billionaire said that unfortunately, “very heavy Tesla obligations require that the visit to India be delayed.”
“But I do very much look forward to visiting later this year,” Musk added
Last week, the billionaire had tweeted that he was looking forward to meeting Prime Minister Narendra Modi.
The SpaceX CEO was also set to meet representatives of Indian space companies during his India visit.
Musk has a key conference call with analysts about Tesla’s latest quarter (Q1) results, after the company reduced 10 per cent of its workforce, or around 14,000 employees — globally.
The layoffs at Tesla “gutted some departments by 20 per cent and even hit high performers,” and the decision was apparently made “due to poor financial performance.”
Two high-profile Tesla executives — Rohan Patel, VP of Public Policy and Business Development and Drew Baglino, Tesla’s SVP of Powertrain and Energy — have also quit.
Tesla has just shelved plans to develop a low-cost EV for around $25,000.
realme will be making a substantial stride in the Indian market with its upcoming smartphone — realme C65 5G….reports Asian Lite News
5G technology, while increasingly common in mid-range and high-end smartphones, is still relatively rare in the entry-level segment. This is largely due to the cost associated with integrating 5G chipsets into devices, which can drive up the price beyond what is typically considered ‘entry-level’.
As a result, many manufacturers are faced with a difficult balancing act: they want to offer 5G capabilities to attract consumers looking for future-proof devices, but they also need to keep costs down to maintain a good price.
This often leads to compromises elsewhere in the device’s specifications which can impact the overall performance of the device, leading to slower processing speeds, and potentially a less smooth user experience. While these compromises might not be deal-breakers for all consumers, they can make these devices less appealing to those who want a well-rounded smartphone experience at an accessible price.
Acknowledging this market need, realme is dedicated to bringing 5G technology within reach for everyone, especially the tech-savvy younger generation, with its forthcoming product.
A distinguishing aspect of realme’s approach to 5G is its profound insight into the varied Indian market. What differentiates realme is its steadfast dedication to making 5G available to all, particularly the youth who seek cutting-edge technology at a reasonable cost.
realme will be making a substantial stride in the Indian market with its upcoming smartphone — realme C65 5G. Positioned as the fastest entry-level 5G phone under Rs 10,000, this device exemplifies realme’s dedication to offering top-quality 5G technology at an accessible price point.
The realme C65 promises not only 5G capabilities but also robust performance, demonstrating realme’s commitment to delivering value to its customers.
In a country like India, where connectivity is crucial for economic growth and social development, realme’s initiative holds immense significance. The company is not just addressing the needs of today’s consumers but also anticipating the demands of tomorrow.
This forward-thinking approach not only sets realme apart in the competitive smartphone landscape but also reaffirms its dedication to empowering Indian users with the tools they need to thrive in an increasingly digital world.
With its new launch, realme is not just introducing a new smartphone, but setting a benchmark in the entry-level segment. The realme C65 5G is more than just a device; it’s a testament to realme’s commitment to bringing cutting-edge 5G technology within reach for everyone. Be on the lookout for more updates on this entry-level powerhouse!
Altos India’s strategic entry into high-end manufacturing marks a significant milestone, underscoring its commitment to promoting domestic production…reports Asian Lite News
In a fillip to the government’s local manufacturing push for IT hardware, technology company Altos India on Thursday said it has expanded its manufacturing portfolio to include high-end ‘Make in India’ workstations and servers.
The company has added two India-made servers, designed to meet the evolving needs of large-scale IT and cloud data centres in the country.
“In today’s rapidly evolving technological landscape, there is a growing demand for advanced solutions that cater to the needs of large IT and cloud data centres. These products not only meet these demands effectively but also align seamlessly with government initiatives, highlighting our dedication to local manufacturing,” said Sanjay Virnave, Country Head and General Manager at Altos Computing.
The Centre’s PLI 2.0 for IT hardware scheme, with its increased budgetary outlay of Rs 17,000 crore and expanded tenure to six years, is expected to generate an incremental production of Rs 3,35,000 crore.
The government has set a target of achieving $300 billion worth of electronics manufacturing by 2025-26, with $100 billion to come from exports.
Altos India’s strategic entry into high-end manufacturing marks a significant milestone, underscoring its commitment to promoting domestic production. Through the ‘Make in India’ initiative, Altos launched ‘Rack and Tower Servers’ that delivers server-class features with flexible expansion options and management capabilities.
“We have launched a ‘Dual socket 2U’ system ideal to handle any workloads. This system can function as a Database Server for Big Data analytics, a computing node for your high-performance computing (HPC) environment or for virtualisation purposes in cloud infrastructure,” said the company.
Meanwhile, the electronics industry in India saw a massive 154 per cent growth in hiring and skilling in the last financial year (from March 2023 till March this year) and the telecom domain led the industry, a report showed on Thursday.
The telecom vertical accounted for 64 per cent of hiring, closely followed by lighting and automotive sectors, according to research conducted by Quess Corp Ltd, a workforce management solutions provider.
The electronics industry also witnessed a significant deployment of women in various roles, particularly in manufacturing.
“Women are increasingly being deployed as operators, quality assurance professionals, and in testing roles,” the findings showed. Women constitute 78 per cent of the industry’s workforce.
In terms of geography, Tamil Nadu leads the states with a significant 33 per cent share of electronics hiring demand, followed by Karnataka, Uttar Pradesh and Telangana.
“The Indian electronics manufacturing sector is on a growth trajectory fuelled by innovation and transformation. Industry experts forecast the creation of 1 million jobs by 2025-2026, and the market size is expected to reach $400 billion by 2025,” said Lohit Bhatia, President of Workforce Management at Quess Corp.
This growth is not only fueled by increasing consumer demand but has also received a boost from government initiatives such as ‘Make in India’ and the production-linked incentive (PLI) scheme.
The surge in women’s employment within electronics manufacturing can be attributed to several factors.
The nature of the work, which often involves intricate assembly and precise handling of small parts, complements women’s skill in dexterity and attention to detail.
“Additionally, women demonstrate a strong ability to learn quickly and adapt, enabling them to thrive in fast-paced production settings,” the report noted.
Several key roles are in high demand, such as electronic engineers, instrumental engineers and electronic design engineers. The average salaries for these roles range from Rs 18,000 per month to Rs 32,000 per month.
The research also showed that flexible staffing has emerged as the preferred mode of employment in the electronics manufacturing services (EMS) industry.
Samsung is optimistic about the TV business in 2024, citing increased demand for premium TVs from MZ consumers….reports Asian Lite News
Samsung on Wednesday said that it is targeting Rs 10,000 crore revenue from its Artificial Intelligence (AI)-powered Neo QLED, OLED TV business in India.
Samsung ended 2023 with a 21 per cent volume market share and this year it is looking to further consolidate its leadership with the launch of AI TVs, the company said.
“For the first time, we have a very clear twin strategy on premium, the highest or the largest range as far as the consumer is concerned and with that, we are also looking at targeting unprecedented Rs 10,000 crore revenue in 2024,” said Mohandeep Singh, Senior VP, Visual Display Business, Samsung India.
The television market in India has been slow, with Counterpoint Research reporting a 16 per cent drop in shipments last year.
However, Samsung is optimistic about the TV business in 2024, citing increased demand for premium TVs from MZ consumers.
As per analysts, no TV brand in the country has achieved the Rs 10,000 crore revenue milestone before.
Samsung has launched its ultra-premium Neo QLED 8K, Neo QLED 4K and OLED TVs in the country to consolidate its leadership in the TV business.
According to the company, its new range of premium TVs is designed to boost consumers’ home entertainment experience with powerful, AI-driven solutions.
Meanwhile, Samsung on Wednesday said that it has developed the industry’s first low-power double data rate 5X (LPDDR5X) DRAM (Dynamic Random Access Memory) chip, a memory solution tailored for artificial intelligence (AI) applications.
The new chip supports the industry’s highest performance of up to 10.7 gigabits-per-second (Gbps), improving performance by over 25 per cent and capacity by more than 30 per cent compared with the previous generation, according to the company.
Low-power, high-performance LPDDR chips are playing a growing role in the rapidly expanding market for on-device AI, where AI runs on the device itself, reports Yonhap News Agency.
As per Samsung, its latest LPDDR5X products were leveraged with 12 nanometer-class process technology to achieve the smallest chip size among existing LPDDR chips, helping the company solidify its technological leadership in the low-power DRAM market.
“Samsung will continue to innovate and deliver optimised products for the upcoming on-device AI era through close collaboration with customers,” the company said.
Mass production of the LPDDR5X is scheduled to begin by the second half of the year, following verification by providers of mobile application processors and mobile devices, the company mentioned.
This innovation is set to dramatically enhance the performance and payload capacity of ISRO’s launch vehicles…reports Asian Lite News
The Indian Space Research Organisation (ISRO) has announced a significant breakthrough in rocket technology with the development of a new lightweight Carbon-Carbon (C-C) nozzle. This innovation is set to dramatically enhance the performance and payload capacity of ISRO’s launch vehicles, marking a pivotal advancement in its space exploration capabilities.
The innovation originates from ISRO’s Vikram Sarabhai Space Centre (VSSC) located in Thiruvananthapuram.
According to information provided by ISRO in a statement, the development involved the use of advanced Carbon-Carbon composites to create a nozzle divergent, distinguished by its exceptional mechanical properties at high temperatures. This new nozzle divergent is characterized by its low density, high specific strength, and excellent stiffness—attributes that are crucial for enhancing the efficiency of rocket engines.
The newly designed C-C nozzle is anticipated to significantly elevate vital parameters of rocket engines, such as thrust levels, specific impulse, and thrust-to-weight ratios.
According to ISRO, the potential impact of this development is significant, particularly for its workhorse launcher, the Polar Satellite Launch Vehicle (PSLV). The PS4, the fourth stage of the PSLV, currently employs twin engines with nozzles made from Columbium alloy.
“However, by replacing these metallic divergent nozzles with C-C counterparts, a mass reduction of approximately 67% can be achieved. This substitution is projected to increase the payload capability of the PSLV by 15 kg, a notable enhancement for space missions,” ISRO said.
Durability and Resistance Features
One of the standout features of the C-C nozzle is its specialized anti-oxidation coating made of Silicon Carbide. This coating significantly extends the operational limits of the nozzle in oxidizing environments, a common challenge in rocket operations. It reduces thermally induced stresses and enhances corrosion resistance, which together allow for extended operational temperature limits. These enhancements ensure that the nozzle remains durable and effective in the hostile environments of space.
The efficacy and reliability of the new nozzle were rigorously tested at the ISRO Propulsion Complex (IPRC) located in Mahendragiri, Tamil Nadu. The testing protocol included a 60-second hot test conducted on March 19, 2024, followed by a more extended 200-second hot test on April 2, 2024. These tests confirmed the nozzle’s performance and hardware integrity, with temperatures reaching up to 1216K, aligning with the predicted outcomes and demonstrating robust system capabilities.
The development of the new nozzle was a result of a collaborative effort across multiple ISRO centres. The Liquid Propulsion Systems Centre (LPSC) at Valiamala near Thiruvananthapuram played a critical role in designing and configuring the tests. Meanwhile, the IPRC was responsible for the instrumentation and execution of these tests at their High-Altitude Test (HAT) facility. This teamwork integrates ISRO’s technological advancements with its mission preparations.
This technological breakthrough significantly enhances the capabilities of ISRO’s workhorse launcher, the PSLV. It not only promises to support more ambitious space missions but also paves the way for advancements in other satellite launch vehicles. By increasing payload capacity, ISRO can undertake more complex and weightier missions, potentially including manned space flights and interplanetary explorations.
The successful development and testing of the Carbon-Carbon nozzle demonstrates ISRO’s ongoing commitment to innovation and excellence in space technology. This breakthrough is expected to play a critical role in future explorations, contributing to ISRO’s growing reputation as a leader in global space research and exploration. (India News Network)
Indian space sector has endless potential: Capt. Gopichand
The Indian space sector, led by the Indian Space Research Organisation (ISRO) and other private players, has endless potential, and it’s time to take elephant steps to scale higher, said Captain Gopichand Thotakura on Monday.
“India has achieved something which other countries have not been able to achieve for decades. And to really defy landing on the South Pole, as the first country shows that the potential is absolutely endless,” Captain Gopichand, who is soon set to become the first Indian to become a space tourist, told IANS.
Captain Gopichand will soon be a part of the six-person crew flying on Blue Origin’s NS-25 mission to the edge of space.
He said that most of space travel is restricted by funding. But with the opening of the sector to public-private partnership “space is not the limit anymore, we can reach far beyond what any other country has already reached. And what you saw with Chandrayaan is just a small example”.
He said that India, which is the most populated country in the world, has a foot in almost every industry possible, but “we are yet to put a human in a rocket launched from Sriharikota”.
“The funding is what we’re missing,” which will now happen due to privatisation of the sector.
Lauding the efforts of ISRO, he said the funds which the ISRO spent on the Chandrayaan mission to the Moon are “unbelievable”.
In August 2023, the Chandrayaan-3 mission, led by scientists at ISRO, made history by becoming the first nation in the world to land near the south pole of the Moon. It has also become the fourth nation to make a soft landing on the Moon after the erstwhile USSR, the US, China.
“I think that the world is ready to be awakened with what ISRO can do,” he said while speaking about the Gaganyaan mission and more from ISRO. He, however, noted that “It’s not about baby steps anymore, we need to take elephant steps”.
The Gaganyaan mission aims to send a manned three-day mission to space, which will orbit 400 km above Earth and will return.
Four group captains from the Indian Air Force — Prasanth Balakrishnan Nair, Ajit Krishnan, and Angad Pratap, and wing commander Shubanshu Shukla — have been selected for the mission, slated for 2025.
Captain Gopichand, said to aspire for a day when a civilian, from a non-science background, from the Indian soil would fly to space, either as an astronaut or as a tourist.
“It is one of the things where I want to contribute. I don’t come from a military background. To be selected for such missions is to break the barrier, to put a civilian in space, to have our blood, who’s not from a military background. “
The leading chip-maker will host its flagship developer conference in Hyderabad on April 17, which will see more than 150 developers, engineers and industry leaders…reports Asian Lite News
The developer community in India is at the forefront of creating innovative solutions which will continue to unlock growth opportunities not only for the country but also for the world, Savi Soin, President of Qualcomm India, said on Friday.
The leading chip-maker will host its flagship developer conference in Hyderabad on April 17, which will see more than 150 developers, engineers and industry leaders discuss advancements in technologies.
“India’s growing STEM (science, technology, engineering and maths) talent is at par with global standards with a lot of our professionals leading breakthrough advancements,” Soin said. “As a leader in 5G and wireless communications, we are committed to being a trusted partner for India in its digital journey.”
The company is working closely with the ecosystem to develop India-relevant artificial intelligence (AI) and 5G use cases and applications.
Qualcomm joins Jacoti to boost true wireless earbuds experience.
“The Hyderabad centre is at the helm of driving rigorous research and development (R&D) for Qualcomm in the country and is aligned with our larger vision of ‘Make in India for the world’,” said Shashi Reddy, VP of Engineering, Qualcomm India.
Qualcomm recently announced a grant of $186,000 and front-end support for the ‘Edge AI Lab’ at the International Institute of Information Technology Hyderabad (IIIT-H).
“The conference underscores our commitment towards deeper collaboration, research and innovation in partnership with Indian developers towards advancing AI and Edge AI technologies,” said Leendert van Doorn, Senior Vice President, Qualcomm.
Last month, chip-maker Qualcomm announced the inauguration of its new chip design centre in Chennai.
The centre, made with an investment of Rs. 177.27 crore, will specialise in wireless connectivity solutions, with a focus on innovations that complement Wi-Fi technologies.
It is also expected to generate jobs for up to 1,600 skilled technology professionals, open new doors for semiconductor design in alignment with the government’s vision of ‘Make in India’ and unlock growth opportunities for a strong indigenous design ecosystem.
Further, in line with the government’s Bharat 6G Vision, the company also announced its programme supporting 6G University Research in India.
At the inauguration, Union Minister for Communications, Electronics & Information Technology, Ashwini Vaishnaw shared his vision for a digitally-empowered India.
“India’s technological prowess continues to soar, positioning us as a global leader in innovation. Our nation’s strong commitment to embracing digital progress marks our journey towards a digitally-empowered society.
“We are happy to extend our support to Qualcomm which has played a key role in accelerating India’s digital journey and together we aim to connect millions of Indians through 5G connectivity,” the minister said.
“The new design centre marks a key milestone for not just the company but also the impact it is set to bring forth with employee opportunities that will further nurture our tech talent,” he added.
The centre will also actively contribute to Qualcomm’s global Research and Development endeavours in 5G Cellular technology.
Rahul Patel, Group General Manager, Connectivity, Broadband & Networking (CBN), Qualcomm Technologies said that the new design centre “will play a pivotal role in shaping the future of connectivity globally, especially in India.”
