• Bharat's Business Briefs
  • Posts
  • India’s Semiconductor Industry, IndiaAI-Nvidia, Wearable AI, MakeMyTrip, TikTok Ban, Ford India, etc.

India’s Semiconductor Industry, IndiaAI-Nvidia, Wearable AI, MakeMyTrip, TikTok Ban, Ford India, etc.

 Chip by Chip: Building India's Semiconductor Dream

  • Surge in Demand: India's semiconductor industry seeks 40,000-50,000 employees in 2024, with a 25-30% increase from the previous year.

  • Government Investment: The government's $15 billion investment underscores its commitment to making India a semiconductor manufacturing hub.

  • Broad Hiring Scope: Jobs span from entry to C-suite levels across diverse locations and specializations, including chip design and fabrication.

  • Talent Shortage: Despite the opportunities, the industry faces challenges in meeting the demand for skilled labor, leading to competitive salary packages.

  • Global Ambition: India aims to become a significant player in the global semiconductor space, backed by initiatives like the India Semiconductor Mission.

 Nvidia Joins Forces with India's AI Ambitions: A Leap Towards Futuristic Computing

  • Nvidia commits to supporting India's Rs 10,372 crore IndiaAI Mission, aimed at boosting AI computing capacity.

  • The commitment was revealed by Union Minister Ashwini Vaishnaw, highlighting discussions with Nvidia and other players.

  • The IndiaAI Mission, launched on March 7, includes government support for AI chip development and aims to create a vast AI computer infrastructure with 10,000+ GPUs.

  • Key focus areas include healthcare, agriculture, weather forecasting, and logistics, aiming to build a robust AI ecosystem.

  • The mission encompasses the development of AI-specific educational curriculums for BTech, MTech, and PhD programs.

  • Initiatives also include the India AI Datasets Platform for accessing non-personal datasets and an AI marketplace for AI services and pre-trained models.

 AI at the Forefront of Nutrition: The Signos Platform

  • Signos combines a glucose monitor patch with AI to provide personalized health insights.

  • Subscription service with plans starting at $449 for one month or $143/month for six months.

  • Competes in a growing market of health tech companies focused on metabolic health.

  • Offers detailed data on how lifestyle choices affect blood glucose levels.

  • Challenges include user interface learning curve, practicality of following activity recommendations, and mental health considerations.

Briefs, You Can’t Miss:

  1. Boosting India's Infrastructure: 2.4 TBps Router by Nivetti Systems Lauded by Government.

  2. Empowering Youth: Tata Technologies to Transform ITIs into Technology Hubs in Telangana.

  3. Supreme Court Rules in Favor of Google in Trademark Dispute with MakeMyTrip.

  4. Next-Gen Comfort: Indian Railways to Launch Vande Bharat Sleeper Trains.

World Briefs

  • Nikon Expands Horizon: Acquires Cinema Camera Giant RED Digital

  • Back in Action: Fortnite Returns to iOS in Europe

  • Ford's Big Move: Expands Chennai Hub, Boosts EV Innovation with 3,000 New Jobs

  • Conditional Crackdown: Biden Open to TikTok Ban With Congressional Approval