
PM welcomes Google’s India manufacturing plans in call with CEO
The Hindu
The discussion came ahead of the company’s Google for India event on October 17. Mr. Pichai may have informed the Prime Minister on the announcements the company has lined up for the event
Prime Minister Narendra Modi held a virtual discussion with Google Chief Executive Officer Sundar Pichai on October 16, the Prime Minister’s Office said. Mr. Pichai and Mr. Modi “discussed Google’s plan to participate in expanding the electronics manufacturing ecosystem in India.”
Mr. Modi appreciated the company’s partnerships to have its Chromebook devices assembled in the country, according to the PMO’s readout of the call.
The discussion came ahead of the company’s Google for India event on Thursday. Mr. Pichai may have informed the Prime Minister on the announcements the company has lined up for the event; reporters are set to be briefed on Thursday morning on a key subject cited by the description of the call, the GPay app backed by the Unified Payments Interface (UPI).
Mr. Modi also invited Google to contribute to the Global Partnership on AI (GPAI) Summit to be held in December in New Delhi. The GPAI is an international initiative on “guiding the responsible development of Artificial Intelligence” applications, and India is one of its founding members, alongside others like Germany, France, Australia, South Korea, Singapore and the United States.

GCCs keep India’s tech job market alive, even as IT services industry embarks on a hiring moratorium
Global Capability Centres, offshore subsidiaries set up by multinational corporations, mostly known by an acronym GCCs, are now the primary engine sustaining India’s tech job market, contrasting sharply with the hiring slowdown witnessed by large firms in the country.

Mobile phones are increasingly migrating to smaller chips that are more energy efficient and powerful supported by specialised Neural Processing Units (NPUs) to accelerate AI workloads directly on devices, said Anku Jain, India Managing Director for MediaTek, a Taiwanese fabless semiconductor firm that claims a 47% market share India’s smartphone chipset market.

In one more instance of a wholly owned subsidiary of a Chinese multinational company in India getting ‘Indianised’, Bharti Enterprises, a diversified business conglomerate with interests in telecom, real estate, financial services and food processing among others, and the local arm of private equity major Warburg Pincus have announced to collectively own a 49% stake in Haier India, a subsidiary of the Haier Group which is headquartered in Qingdao, Shandong, China.










