Page 4 - It Ministry

Israel's Tower Semiconductor proposes $8 bn chip plant in India: Report

Tower, seeking government incentives for its plan, is looking to manufacture 65 nanometre and 40 nanometre chips in India, the report said

India targeting 15-20% share of global electronic GVCs by FY26: MoS IT

Chance for India to be an export-driven manufacturing hub, says Rajeev Chandrasekhar

Being fintech or tech firm doesn't absolve it of regulatory oversight: MoS

A sectoral regulator has absolute authority to regulate every firm that is a regulated entity within the sector, he said

Centre slashes import duty on mobile phone components from 15% to 10%

This comes just a day before the Centre is scheduled to announce its Interim Budget 2024 in Parliament

Delhi HC asks WhatsApp, Telegram to suspend fake VC firms' accounts

The court also directed the Ministry of Electronics and IT (MeitY) and Department of Telecommunications to issue appropriate directions to curb these identified scams

Elon Musk's X blocks searches for Taylor Swift on its platform; here's why

X returned 'Oops, something went wrong' for searches like 'Taylor Swift' and 'Taylor Swift AI'

Meity's Republic Day tableau focuses on AI for social empowerment

India leveraging the power of artificial intelligence in healthcare, logistics and education to further social empowerment was the theme of the Ministry of Electronics and Information Technology's Republic Day parade tableau. The tractor portion of the tableau, which rolled down the Kartavya Path on Friday, showcased a "female robot" in a thinking posture. The base of the tractor depicted a 3D scale model of a chip. Circuit design on the sides with LED lights showcased the energy that artificial intelligence carries to take India towards development. Artificial intelligence is a kinetic enabler to leap-frog traditional development barriers and catalyse large-scale socio-economic transformation in India, according to an official statement. It said artificial intelligence is expected to add USD 967 billion to the Indian economy by 2035 and USD 450-500 billion to India's GDP by 2025, accounting for 10 per cent of the country's USD 5 trillion GDP target. The front of the float portraye

IESA launches new report on semiconductor and ESDM policies in India

IESA's latest report compares and contrasts the various policies and incentives offered by different states, and provides insights and recommendations for the stakeholders

Meity to seeks govt nod for India AI program entailing Rs 10,000 cr: MoS IT

The Ministry of Electronics and IT (Meity) will seek cabinet approval for the India AI program, which includes the setting up of GPU-based servers in public-private partnership mode with an outlay of over Rs 10,000 crore, Minister of Electronics and IT Rajeev Chandrasekhar said on Tuesday. Working groups formed by the government on Artificial Intelligence (AI) on Friday recommended setting up a three-tier compute infrastructure comprising 24,500 Graphics Processing Units (GPUs). "India AI program is worth over Rs 10,000 crore. It (the proposal) will be taken with cabinet for approval," Chandrasekhar said on the sidelines of the inauguration of a semiconductor-focussed software company Synopsys. The minister said the AI program will be based on public-private partnership under which computer infrastructure capacity will be built both in private data centres as well as in data centres that are run by public firm CDAC. The demand for GPU-based servers has increased as it can process d

MeitY Secretary launches India's First Graphene Centre, IoT CoE in Kerala

Digital University Kerala (DUK) (formerly IIITMK) and Centre for Materials for Electronics Technology (CMET), Thrissur are the technical partners for setting up these centres

India eyes $100 bn annual FDI in coming years: IT minister Vaishnaw

Foreign investors have bet big on India since Modi came to power in 2014, with the likes of Apple, Samsung, Kia, and Airbus expanding operations

Mixed compliance on deepfake advisory; expect tighter rules in week: MoS IT

Union Minister Rajeev Chandrasekhar on Tuesday said compliance with the advisory on deepfakes has been "mixed" from platforms, and added that tighter IT rules are likely to be notified in next 7 days to tackle the issue. The government, he said, had earlier made it clear to social media and online platforms that if its advisory on deepfake is not fully adhered to, new IT rules would follow. "There has been a mixed performance of compliance and I had said at the time of the advisory, that if we find that the advisory is not being followed through completely, we will follow it up with a very clear amended IT rules that will be notified," Chandrasekhar, Minister of State for IT and Electronics, said on sidelines of an event. The amended IT rules can be expected in next one week, he said. "What was in the advisory will be now firmly embedded into the IT rules and we hope to do this in the next one week," he said. The minister visited boAt manufacturing unit in Noida on Tuesday, ...

Tighter rules to be notified soon: Govt after Tendulkar's deepfake video

After legendary cricketer Sachin Tendulkar flagged his deepfake video doing the rounds, Union Minister Rajeev Chandrasekhar slammed deepfakes as a threat to the safety and trust of Indian users, saying the government will soon notify tighter rules under the IT Act to ensure compliance by platforms. In a post on X, Tendulkar mentioned the doctored video - where he is seen promoting a gaming application - and expressed concerns about the misuse of technology. Taking to X, the Minister of State for IT and Electronics thanked Tendulkar for flagging the deepfake video and said "#DeepFakes and misinformation powered by #AI are a threat to Safety&Trust of Indian users and represents harm & legal violation that platforms have to prevent and takedown". Chandrasekhar said that a recent advisory by the IT Ministry requires platforms to fully comply with this. "We will be shortly notifying tighter rules under the IT Act to ensure compliance by platforms," the minister said. The fake video

Avalon Technologies inks pact with C-DAC to make high-performance computers

Avalon Technologies Ltd has entered into an agreement with C-DAC (Centre for Development of Advanced Computing), Ministry of Electronics and Information Technology for indigenous manufacturing of high-performance computing systems, the company said on Saturday. As per the partnership, Avalon would be able to extend its support for the next generation of server development and manufacturing at C-DAC under the 'RUDRA' program. Avalon has been working with C-DAC as a strategic design and manufacturing partner since 2021 delivering Prototype PCB assemblies, and cables. This experience will now ensure Avalon Technologies' smooth transition into the production of high-performance computing servers as well, a company statement here said. "We are proud to announce that we will be a key partner in assisting with the production of RUDRA HPC server -- India's first ever natively designed server by C-DAC," company Chairman and Managing Director Kunhamed Bicha said. "We believe this partnership

CoinDCX sets aside $1 million to aid asset transfers from foreign exchanges

This comes after the finance ministry's FIU last month issued show cause notices to nine offshore crypto exchanges for operating in India 'illegally'

MeitY unveils domain registration portal for educational institutions

Secretary Krishnan also inaugurated the new conference hall of ERNET India and interacted with officers and staff on the occasion

A tech-first approach for Viksit Bharat

From digitally issued vaccine certificates to the use of mass media to educate on vaccines, India, despite its socioeconomic disparities, a shining example to the world in countering vaccine hesitancy

MeitY issues advisory to curb deepfakes & misinformation on social media

Last month, PM Modi had also stressed the need for creating better awareness among people about the pitfalls of artificial intelligence, especially the potential of misuse of deepfakes

Foxconn submits application for setting up semiconductor unit: MoS IT

Taiwanese electronics manufacturing services company Foxconn has submitted an application for setting up a semiconductor fab in the country, Parliament was informed on Wednesday. Minister of state for electronics and IT Rajeev Chandrasekhar said in a written reply to Lok Sabha that the government has taken several measures to boost electronics manufacturing, including semiconductors, incentivising large investments in electronic goods and appliances, and promote exports. "Foxconn has submitted its application under the "modified scheme for setting up of semiconductor fabs in India" for the establishment of semiconductor fab in the country," Chandrasekhar said. The development comes after Foxconn exited a joint venture (JV) with Vedanta Group to set up a chip plant in India. The JV had plans to set up its chip plant in Gujarat with an investment of around Rs 1.5 lakh crore. Chandrasekhar said the first semiconductor unit by Micron was approved in June 2023 under the Semicon India .

Centre spends Rs 1,218 cr to commission 24 PF compute capacity: MoS IT

The government has spent Rs 1,218.14 crore in the last eight years to set up 24 PetaFlops compute capacity under the National Supercomputing Mission, Parliament was informed on Friday. Minister of State for Electronics and IT Rajeev Chandrasekhar in a written reply to the Rajya Sabha said that systems have been commissioned at 20 academic institutions, organisations and Research and Development (R&D) labs across the country. PetaFlop level computing speed can perform quadrillion calculations per second and is important for high-performance computing, especially in the field of climate monitoring, drug discovery, astrophysics etc, and now for developing and supporting artificial intelligence technologies. "NSM (National Supercomputing Mission) was initiated in April 2015, with a budget outlay of Rs 4,500 crore for seven years. An amount of Rs 1,218.14 crore has been spent till date for the mission activities. Till date, systems with a total of 24 PF compute capacity have been ...