Affordable data packs in the world’s most populous country, starting as low as ₹11 ($0.13) per hour, have increased internet access and created a $1 trillion mobile payments market for firms such as Paytm, Google Pay and Walmart-backed PhonePe.
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Warehousing transaction volumes in India’s eight primary markets reached 56.4 million square feet (mn sq ft) in 2024, a 12 per cent year-on-year (YoY) increase from 50.3 mn sq ft in 2023, according to a report by real estate consultancy…
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Motorola, owned by Lenovo, aims to increase its smartphone production and exports from India due to higher tariffs on Chinese imports by the Trump administration. The company plans to boost volumes from 13 million to 23-30 million units in the…
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Meta is developing its first AI training chip to reduce reliance on external suppliers like Nvidia. Partnering with TSMC, Meta is testing the chip for content recommendation systems on Facebook and Instagram. If successful, they plan to expand its use…
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A Kickresume survey of 1,483 employees reveals AI’s deepening impact on jobs, with 21% of workers experiencing or knowing someone affected by AI-driven job loss. While 37% plan to upskill, 28% are considering AI-proof careers. AI adoption is high, with…
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India’s WPI inflation is expected to drop to 2% in February 2025, down from 2.3% in January. The decline is driven by falling oil prices and a seasonal decrease in food prices, particularly vegetables. The fuel index is also expected…
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