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India now ranks among top six nations globally in 6G patent filings: Mos Telecom
YourStory
ยท
2m ago
Medial
India is making significant strides in digital infrastructure, ranking among the top six nations globally in 6G patent filings. With over 111 funded research projects and Rs 300 crore allocation, the country is positioning itself as a leader in 6G technology. The shift to 6G, utilizing TeraHertz frequency bands, promises data rates up to 1 terabit per second, potentially adding $1 trillion to India's economy by 2035 and revolutionizing various industries.
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5G network roll-out in India has been remarkable, says Nokia CEO
IndianStartupNews
ยท
1y ago
Medial
Nokia CEO Pekka Lundmark has praised the rapid deployment of the 5G network in India, stating that the country is among the top three nations globally with the largest 5G installed base. Despite a downturn in telecom gear shipments in other regions, India's 5G deployment has helped counterbalance the decline in business operations for Nokia and Ericsson. Nokia has also announced the establishment of a 6G lab in Bengaluru, India, to accelerate the development of 6G technology and explore innovative use cases.
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India Aims To Contribute 10% Of Global 6G Patents: Jyotiraditya Scindia
OutlookIndia
ยท
3m ago
Medial
India aims to contribute 10% of global 6G patents by leveraging initiatives like the 3GPP and ITU, according to Telecom Minister Jyotiraditya Scindia. This ambition underscores India's emergence as a producer and innovator in the telecom sector. Scindia highlighted the significant progress in 5G coverage, telecom equipment exports, and indigenous production. India is now the most affordable data market globally and ranks as the second-largest telecom market, making strides towards global technological leadership.
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Jio tops global telecom charts with 480 million users
Economic Times
ยท
1d ago
Medial
Reliance Jio has become the world's largest telecom operator with over 480 million users, including 191 million on its 5G network, according to Reliance Industriesโ FY25 annual report. Jio is enhancing infrastructure, software, and operations to deliver low-cost AI solutions in India. It also collaborates on the INDIAai initiative and invests in satellite communications and 6G technologies, ensuring Jio remains a future-ready telecom leader globally.
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Nvidia launches AI-powered playground for building the future of 6G
Livemint
ยท
1y ago
Medial
Nvidia has introduced an AI-powered software platform that enables 6G technology research through cloud-based communication environment simulations. The successor to 5G, 6G is expected to be commercially available by 2030. Nvidia's platform includes an app that lets researchers and organizations test 6G networks in real-time by simulating various environments, from single cell towers to entire cities. Ansys, Nokia, Samsung, SoftBank Corp, and Northeastern University are among the first adopters of the platform. This announcement caused a rise in technology shares, while telecom sector shares slumped.
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Tracing Indiaโs Telecom Journey This World Telecom Day
Inc42
ยท
1y ago
Medial
India has made significant progress in the field of telecommunications over the last five decades. The country now has the second-largest telecom network and is home to 1.19 billion telecom users. The rapid adoption of internet services, fueled by the availability of 4G and the fierce competition sparked by Reliance Jio's entry, has transformed India into the world's third-largest new-age tech ecosystem. As India celebrates World Telecommunication and Information Society Day 2024, the focus is now shifting towards 5G and the future exploration of 6G technology. The government is making efforts to provide internet connectivity to remote areas through satellite communication, and India aims to lead the world in 6G development.
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India ranks 36 out of 170 nations on readiness for frontier technologies global index
Economic Times
ยท
4m ago
Medial
India ranks 36th out of 170 nations on a global readiness index for frontier technologies, according to a UN report. The country improved from 48th in 2022, showing strengths in research and development, and industrial capacity. India, alongside China and Brazil, is among developing nations excelling in AI and tech infrastructures. The report highlights AI's growing economic impact and the need for reskilling to address potential job displacement, as well as government efforts to bolster India's AI ecosystem.
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Indian startups witness 65.8% drop in funding between Jan-Nov 2023: GlobalData
Livemint
ยท
1y ago
Medial
Indian startups have experienced a significant drop in funding, with a decrease of 65.8% in terms of value between January and November 2023. The startups raised $6.9 billion in VC funding this year, compared to $20.2 billion in the same period last year. Only two new unicorns have been created in India this year, compared to 24 in 2022. India now ranks fourth among the highest-funded tech startup geographies globally, with a total funding of less than $10 billion.
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Top MNCs in India: Americans dominate but Russian at top, Chinese out of the picture
VCCircle
ยท
6m ago
Medial
American multinational companies have traditionally dominated the Indian market since the economy opened. Despite this, a Russian company currently holds the top position among MNCs in India, while Chinese firms are noticeably absent from the top ranks. This reflects ongoing investment interests from the US, Europe, and East Asia in India.
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List of Companies Acquired by Reliance
StartupTalky
ยท
1y ago
Medial
Reliance Industries has made several acquisitions in recent years to strengthen its subsidiaries, including Reliance Jio and Reliance Retail. The acquisitions include media and education companies, retail companies, telecom and internet firms, digital firms, and companies in the chemicals and energy space. Some notable acquisitions include Balaji Telefilms, EdCast, Saavn, Haptik, Den Networks, Hathway Cable & Datacom, Milkbasket, Zivame, Dunzo, and many more. These acquisitions highlight Reliance's ambition to be counted among the top companies globally.
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Hackers coming for Indian firms as fintech rises
Economic Times
ยท
1y ago
Medial
India ranks among the top five most targeted countries globally for cyberattacks, with a surge in cybersecurity risks due to increased digital transactions and data access. Anil Valluri, Managing Director of India & SAARC at Palo Alto Networks, noted that India experienced a 75% increase in cybersecurity budget allocation for 2023. However, it also witnessed a high number of disruptive cyberattacks across various industries. The report revealed that 66% of Indian manufacturing firms faced increased risks from unsecured IoT devices connected to their networks, and 48% believed that 5G adoption would widen security vulnerabilities.
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