A task force set up by the Ministry of Electronics and Information Technology (Meity) for transforming India into an "electronic and semiconductor products" nation is on the verge of finalising its report, which is likely to recommend an allocation of Rs 44,000 crore between 2024 and 2030 to support homegrown companies in their quest to develop products and build global brands. The task force's recommendations include significant incentives: Rs 15,000 crore dedicated to electronic products (systems), Rs 11,000 crore for semiconductor products, and Rs 18,000 crore for various other incentives such as talent development, common infrastructure, logistics, and technology & IP (intellectual property) acquisition, a member of the panel revealed.
Asked about US President Barack Obama's proposal on tax restructuring, Chowdhry said he does not expect the move to affect Indian companies.
HCL Infosystems is planning tie-ups with global companies to market their digital lifestyle products.\n\n
Ajai Chowdhry, chairman and CEO, HCL Infosystems, tells Kirtika Suneja the environment may improve in three to six months, as the economy has bottomed out.
Infosys chief mentor N R Narayana Murthy has been given the 'Lifetime Achievement Award' by IT magazine Dataquest for building an institution that has changed the IT scenario in the country.
There's a study which says our hardware imports will be $50 billion in 2010, which is roughly the same as the projected software exports - so it is critical to develop critical mass in production here, says Ajai Chowdhry, CEO, HCL Infosystems.
Aiming to make laptops a mass product, IT company HCL Infosystems on Tuesday introduced an ultra portable range of laptops at a starting price of Rs 13,990.
Feel they can't run companies anymore but can be there as guides
5G networks in India can be deployed in three months but in limited areas as the optical fibre based infrastructure to support the technology is not ready yet, telecom industry players said on Tuesday. Nokia India head of marketing and corporate affairs Amit Marwah said that India has to take a call on deployment of 5G services otherwise it will miss to take advantage of the next generation technology that it can bring for the economy.
The start-up mentors debated if they could drive the price further down, but feared an even lower price would raise doubts about its quality, as was the case with the Tata Nano, reports Amrita Singh.
Some time before December 31, 2017, Bengaluru based Team Indus aims to land a vehicle on the moon.
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