Currently, telecom equipment created and produced in India is exported to over 100 nations. The country exported telecom services and equipment worth more than US$18.2 billion last year. This is reported by IANS, a partner of TV BRICS. The Indian Ministry of External Affairs is seeking to strengthen India’s bilateral cooperation with Africa, according to Joint Secretary Abhishek Singh. “By focusing on emerging technologies like AI and blockchain, we aim to address specific challenges faced by African countries,” he said.…

India is committed to reducing emissions from the automotive industry. By 2030, the country aims to reduce its emissions intensity by 45 per cent and by 2070 it intends to fully transition to green technologies. This is reported by Emirates News Agency (WAM), a partner of TV BRICS. To achieve this goal, India has developed an e-mobility Research and Development Roadmap that focuses on four key areas: improving batteries, developing electric vehicles, manufacturing and recycling materials, and improving charging systems. This…

The Indian economy’s growth projection for the current year has been raised to 6.9 per cent from its earlier forecast, the United Nations announced. India reaffirms its position as the fastest growing major economy in the world. Hamid Rashid, the Сhief of the UN’s Global Economic Monitoring Branch, said the improved forecast was due to falling inflation, rising exports and foreign investment inflows. Inflation has come down, easing the fiscal position, and exports and investment attraction have also strengthened. The…

Generative artificial intelligence (GenAI) has immense potential to bring about greater automation in the global legal technology sector. This was reported by IANS, a partner of TV BRICS. A source claims that the use of cutting-edge technologies for contract lifecycle management, legal matter management, e-billing, expenditure management, and legal document management has significantly increased. According to reports, incorporating GenAI within these domains will only quicken acceptance and purchase. Legal technology use cases are expected to rise quickly as a result…

On 19 April, India starts parliamentary elections, which will be held in seven stages over six weeks. The results of the voting will determine who will take 543 seats in the Lok Sabha (lower house). Among the favourites is the ruling Bharatiya Janata Party. The party’s leader is incumbent Indian Prime Minister Narendra Modi, who is seeking a third consecutive term. Opposing the BJP will be the I.N.D.I.A. alliance (The Indian National Developmental Inclusive Alliance), which includes 28 national and regional parties.…

The travel and tourism market in India will reach a revenue of USD 23.72 billion in 2024, growing at a CAGR of 9.62 per cent from 2024 to 2028. To boost the growth of the tourism sector, India has announced 100 per cent foreign direct investment (FDI) in tourism-related businesses in 2023, allowing investments in hotels, resorts and recreational facilities. Prime Minister of India Narendra Modi emphasised that India’s efforts in tourism are aimed at preserving the country’s heritage and…

Ethiopia’s Ambassador to India Demeke Atnafu has invited investors from the South Asian country to participate in Ethiopian projects. This is reported by ENA. The diplomat was speaking at the 6th Global Business Leaders Forum in Mumbai, organised by the Asian-African Chamber of Commerce and Industry. Demeke Atnafu spoke about the vast investment opportunities in sectors of the Ethiopian economy such as agriculture, mining, information technology, tourism and others. He then urged the companies attending the event to invest in…

The authorities now support 100,000 startups and 113 unicorn companies (firms whose capitalisation has exceeded US$1 billion in a short period of time) established in the country. This is reported by ANI, a partner of TV BRICS. The startups are often related to innovative sectors such as financial technology, e-commerce, education technology and artificial intelligence. Earlier, India’s Minister of State for North Eastern Development Jitendra Singh highlighted Narendra Modi’s role in strengthening the country’s position in the economic arena. He…

The Indian Prime Minister Narendra Modi said that with the government’s approval for the construction of three semiconductor manufacturing facilities, the country will further move towards technological self-reliance. “This will also ensure India emerges as a global hub in semiconductor manufacturing,” he stressed. The Indian government has approved the construction of three semiconductor manufacturing and assembly plants in the country with an investment of US$15.2 billion. This is reported by ANI, a partner of TV BRICS. The first plant will be…

Indian Prime Minister Narendra Modi has said that an Indian astronaut will travel to the surface of the moon on his own rocket. “By 2035, India will have its own space station in space that will help us study the unknown expanses of space. In this period of Amrit Kaal, Indian astronaut will land on the surface of the moon on our own rocket,” said Modi. He then said that 21st century India is becoming an active global player, making significant…