Surajeet Das Gupta

All stories by Surajeet Das Gupta

Are Plug-In Hybrid Cars The Future?

Are Plug-In Hybrid Cars The Future?

Rediff.com6 days ago

Plug-in hybrids have two engines and the electric part has a much larger battery than in the regular hybrids. Car companies, led by the Japanese, are pushing the Indian government to look at hybrids in the interim if it wants to reduce carbon emission.

Weizmann to move court against Western Union on trademark, logo issue

Weizmann to move court against Western Union on trademark, logo issue

Rediff.com13 May 2024

Mumbai-based Weizmann, part of a diversified group, will take to court its former partner Western Union Holdings, the American money-transfer giant, alleging that the United States-based company has imitated its trademark and logo. This, its lawyers say, constitutes a case of infringement and dilution of its intellectual-property rights.

In red-hot AI space, funds for Indian startups cooling down: Traxcn

In red-hot AI space, funds for Indian startups cooling down: Traxcn

Rediff.com11 May 2024

Venture capital (VC) and private equity (PE) funding for Indian startups in the artificial intelligence sector has seen a dramatic decrease with deal sizes shrinking, notwithstanding the buzz around the country's potential as a major AI hub. Data from research agency Traxcn, which tracks PE/VC investments, shows that total funding for AI startups in India, which started with a bang in 2022 at $599 million, dropped sharply in 2023 to $168.4 million - a decrease of over 71 per cent.

Finnish phone maker HMD plans to make India its manufacturing hub

Finnish phone maker HMD plans to make India its manufacturing hub

Rediff.com10 May 2024

Finnish phone manufacturer Human Mobile Devices (HMD Global), which acquired the Nokia brand name from Microsoft, is planning to make India a key manufacturing hub for its phone exports. The company only began exporting late last year with the Nokia 105 Classic. What started mainly with feature phones will now extend to smartphones - it announced the global launch of models under the HMD brand for the first time a few days ago and these will be available in India too.

Top 6 Auto Brands Sold 92% Cars

Top 6 Auto Brands Sold 92% Cars

Rediff.com10 May 2024

The top six auto brands are: Maruti Suzuki, Hyundai, Tata Motors, Toyota, Kia and Mahindra & Mahindra.

Needed Quickly! Semiconductor Experts

Needed Quickly! Semiconductor Experts

Rediff.com1 May 2024

Semiconductor makers need thousands of engineers and technicians, and though India has one of the largest pool of engineers in the world, they do not have experience in the semiconductor manufacturing space.

How China Is Wooing Elon Musk

How China Is Wooing Elon Musk

Rediff.com30 Apr 2024

'Companies like Tesla and others have been given a long rope in India.'

India-made chips may soon power iPhones

India-made chips may soon power iPhones

Rediff.com26 Apr 2024

Micron Technology, a global leader in memory and storage, is considering supplying Made-in-India chips from its Gujarat plant to one of its key global clients, Apple, whose vendors assemble iPhones in the country. Micron is setting up an assembly test marking and packaging (ATMP) plant in Sanand, Gujarat. Currently, Apple vendors import chips for manufacturing iPhones. Sources in the know say the aim is to use part of the production to supply to Micron's clients in India directly.

Tesla's India factory plan may materialise in 2025

Tesla's India factory plan may materialise in 2025

Rediff.com25 Apr 2024

Tesla's plan to manufacture its affordable electric car priced at $25,000 in India and Mexico could materialise sometime in 2025 or thereafter, with Elon Musk declaring that these models would be produced at its existing factories to utilise their full capacity before investing in new manufacturing lines. The company operates factories in Texas and Fremont in the US, Berlin in Germany, and Shanghai in China. By the end of the calendar year 2023, Tesla was manufacturing 1.8 million vehicles annually.

US electronics trade: India lags peers in plugging China gap

US electronics trade: India lags peers in plugging China gap

Rediff.com17 Apr 2024

India is far behind global competitors such as Vietnam, Taiwan, and Mexico in increasing electronics exports to the US by making the most of Washington's tariff action against China. In 2018, the US imposed a 25 per cent punitive duty on a range of Chinese electronics items. The trade duties led to a sharp fall in Chinese electronics exports to the US from $207 billion in 2018 to $140.2 billion in 2019, down 32 per cent, according to Indian Cellular and Electronics Association (ICEA) data, which has been analysed by ITC Trade Map.

Smartphone makers pin hopes on new launches after tepid March quarter

Smartphone makers pin hopes on new launches after tepid March quarter

Rediff.com16 Apr 2024

For the smart phone industry, it has been a lacklustre quarter of CY2024, with sales falling by 3-4 per cent over the same period last year, according to Counterpoint Research projections. However, with the launch of many new models in Q1 of CY24, overall shipments grew year-on-year by 10-12 per cent. In CY23 shipments remained flat, ending the year with 152 million units.

Ola Electric sees momentum continuing after record March

Ola Electric sees momentum continuing after record March

Rediff.com9 Apr 2024

Led by Ola Electric, which registered an industry record of 53,186 vehicles in March, electric two-wheeler (e2W) penetration hit a record at 8.91 per cent - the highest ever for a month (based on Vahan data).

In FDI, China's loss is not India's gain

In FDI, China's loss is not India's gain

Rediff.com8 Apr 2024

Despite all the noise around India's chance to leverage the China-plus one strategy, India's share of global foreign direct investment (FDI) inflows fell from 3.5 per cent in the first nine months of 2022 to 2.19 per cent in the same period in 2023, according to OECD data. The sharp drop of 54 per cent is much steeper than the overall global FDI inflow decline of 26 per cent in the first nine months. FDI inflows to China have fallen dramatically from a share of 12.5 per cent in the first nine months of 2022 to only 1.7 per cent in the same period in 2023.

Will EV Policy Lure Tesla?

Will EV Policy Lure Tesla?

Rediff.com5 Apr 2024

If Tesla comes in, India's position as a manufacturing hub will rise many notches, as it will become only the second country, after China, to have both Apple as well as Tesla.

Blinkit, Zepto ignite the quick commerce firestorm

Blinkit, Zepto ignite the quick commerce firestorm

Rediff.com25 Mar 2024

After a tentative start, quick commerce (q-commerce) is ablaze, with Blinkit and Zepto slugging it out in a market distinct from other competitors. The latest entrant is Flipkart, which is ramping up its infrastructure in around 12 cities where it will launch the service in the next six to eight weeks, taking on existing players such as Blinkit, Zepto, Instamart, and BigBasket, among others. According to data analysed from Sensor Tower by BofA Global Research, the daily active user (DAU) base of Blinkit has grown by 58 per cent between February 2023 and February 2024.

Demand For Women Apprentices Rises 6x

Demand For Women Apprentices Rises 6x

Rediff.com22 Mar 2024

Apprentices get at an average of Rs 10,000 to Rs 12,000 per month which can double after one year of on-the-job training.

After 17 years of toil, India is finally ready for tryst with semiconductors

After 17 years of toil, India is finally ready for tryst with semiconductors

Rediff.com19 Mar 2024

The exclusive club that dominates the global semiconductor fab scenario is about to get a new member. Taiwan, South Korea, and China control nearly 70 per cent of the global capacity. SEMI, the global industry body for semiconductor and electronics design and manufacturing, projects all fabs collectively will churn out 30 million wafers a month this year.

New scheme for EVs may put global majors in fast lane

New scheme for EVs may put global majors in fast lane

Rediff.com18 Mar 2024

The new scheme, promoting manufacturing of electric vehicles (EVs) by global majors, will give a fillip to companies like Tesla and its upstart rival Vinfast, both of whom have lobbied for lower import duties from the Centre. While Vinfast has already announced an investment of Rs 4,000 crore to set up an electric vehicle (EV) plant in Tamil Nadu, Tesla's next move will be watched carefully. Four years ago, Musk announced that his company would come to India.

Who's The Most Generous Of Them All?

Who's The Most Generous Of Them All?

Rediff.com11 Mar 2024

India Philanthropy Report 2024

How India is betting big on global outsourced chip play

How India is betting big on global outsourced chip play

Rediff.com9 Mar 2024

India is all set to make its presence felt in the $47 billion global outsourced semiconductor testing and packaging market, an arena where Malaysia and Vietnam have been way ahead so far. The Cabinet last Thursday cleared two projects, the Tata's assembly testing and packaging plant (ATMP) and the Murugappa-owned CG Power with Renesas from Japan as its tech partner. These, together with Micron's assembly and testing plant which is already being constructed in Sanad in Gujarat, will collectively invest Rs 47,300 crore to set up the factories.

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