๐ Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. ๐ฅ
โ
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator โ
Log In
News on Medial
Union Budget 2025: GCC national framework to get talent and infra boost
Economic Times
ยท
7m ago
Medial
The Union Budget 2025 introduced a national framework to boost Global Capability Centres (GCCs) in tier-II cities, focusing on talent and infrastructure. The initiative aims to enhance the availability of talent, reform building regulations, and collaborate with industries, fostering sustainable growth. With India hosting over 1,700 GCCs, contributing significantly to the economy, the framework seeks to expand their role in innovation and technology, leveraging local talent, and promoting regional development outside major metros.
View Source
Related News
Safe harbour regime is a big hurdle in GCC growth path, say experts
Economic Times
ยท
6m ago
Medial
The safe harbour regime under Indian transfer pricing laws poses a challenge for Global Capability Centres (GCCs), potentially impacting India's attractiveness as a GCC destination. Industry experts and bodies suggest achieving transfer pricing parity with margin-optimised countries and recommend regulatory reforms. Proposals include creating a national GCC framework, simplifying legal entity types, tax incentives, and developing infrastructure and talent in non-metro areas. Enhanced collaboration between government, industry, and academia is also advised to foster GCC growth.
View Source
India aims to expand GCC footprint beyond top six cities for greater inclusiveness: MeitY - The Economic Times
Economic Times
ยท
1m ago
Medial
At the CII GCC Summit, the Ministry of Electronics and Information Technology (MeitY) highlighted plans to expand India's global capability centers (GCCs) beyond six major cities to tier-II locations for greater inclusivity. Emphasizing infrastructure improvements and innovation, MeitY is crafting a national GCC policy to potentially triple GCC numbers by 2030. This expansion aims to boost India's GDP, create employment, and foster talent through enhanced infrastructure and strategic policy frameworks.
View Source
Experts for budget boost to guard digital space from threats
Economic Times
ยท
7m ago
Medial
Industry experts urge the Indian government to allocate a dedicated budget for cybersecurity in the 2025 Union Budget to address increasing cyber threats. Emphasizing the need for support, especially for vulnerable sectors and small businesses, experts advocate for incentives to boost cybersecurity investments. They highlight the importance of a focused budget to enhance national resilience, foster innovation, and prioritise cybersecurity as a strategic sector crucial for India's security and economic prosperity.
View Source
Centre working on a plan to expand GCCs in tier II , III cities: Union minister Ashwini Vaishnaw - The Economic Times
Economic Times
ยท
2m ago
Medial
The Indian government plans to expand Global Capability Centres (GCCs) to tier-II and III cities, focusing on industry-academia collaborations to create industry-ready talent. Under the IndiaAI Mission, 6,000 more GPUs will be added to the common compute facility for AI projects. A framework to boost talent and infrastructure is being developed, aiming to create job opportunities and enhance the GCC ecosystem. Additionally, the AI-enabled MY Bharat 2.0 platform will provide youth access to career opportunities.
View Source
GCC measures, framework to ease expansion for foreign companies
Economic Times
ยท
7m ago
Medial
India is enhancing its international taxation framework for Global Capability Centres (GCCs) by introducing a block-period approach for transfer pricing, offering regulatory clarity and reducing litigation. This initiative aims to bolster GCC growth, projected to exceed $100 billion in revenue by 2030. Additionally, a national framework is being developed to promote GCCs in Tier-II cities, boosting job creation and fostering collaboration. With ongoing expansions, India's GCC sector could witness substantial growth by 2030.
View Source
India releases draft framework to boost cross-border adoption of digital public infra
Money Control
ยท
2y ago
Medial
India has released a draft framework aimed at promoting the cross-border adoption of digital public infrastructure. The framework focuses on enhancing interoperability and trustworthiness of digital systems, ensuring secure data exchange, and enabling global collaboration. It also seeks feedback from stakeholders to refine and finalize the framework, which is expected to boost India's digital ecosystem and global partnerships.
View Source
Budget 2025 technology announcements: Impact on AI, TVs, phones, deep-tech, GCCs
Livemint
ยท
7m ago
Medial
The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, focuses on boosting India's technology sector and self-reliance. Key measures include raising customs duty on flat panel displays to encourage domestic manufacturing, establishing a center of excellence in AI for education, and creating a โน20,000-crore deep-tech fund. Tax exemptions aim to incentivize manufacturing in electronics and battery sectors, while framework development supports Industry 4.0 and rural internet connectivity. The budget aims to enhance local manufacturing and innovation.
View Source
Union Budget 2025: CP Gurnani calls for more allocation on skilling, compute infra
Economic Times
ยท
7m ago
Medial
Ahead of the Union Budget 2025, CP Gurnani, former Tech Mahindra CEO, stresses the importance of allocating more resources to upskilling initiatives and computing infrastructure. With India's technology exports at USD 250 billion, Gurnani advocates for government involvement in education and cost-effective, distributed computing solutions. His confidence in the Modi government's receptiveness to industry feedback highlights the potential for policy support in fostering tech sector growth and enhancing India's digital infrastructure competitiveness.
View Source
Budget 2024: Deep Tech Sector Seeks Policy Support, Ethical AI Guidelines
OutlookIndia
ยท
10m ago
Medial
The upcoming Union Budget in India, to be presented by Finance Minister Nirmala Sitharaman, is highly anticipated as it will be the first budget after the general elections. The deep-tech sector received a boost in the previous interim budget, with a significant investment announced for sunrise technology. The Ministry of Commerce and Industry is also considering specialized policies to foster innovation in deep tech startups. The National Deep Tech Startup Policy is in its final stage of consultation. Expectations are high for measures to support AI development and address the need for ethical guidelines and reskilling initiatives in this budget.
View Source
Union Budget 2025 announces provisions to boost clean tech manufacturing
YourStory
ยท
7m ago
Medial
The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, highlighted India's commitment to its climate goals by announcing measures to boost domestic clean technology manufacturing. These steps aim to enhance domestic value addition and build India's ecosystem for clean tech components like solar PV cells and EV batteries. The budget also proposed customs duty exemptions on several critical minerals to support this effort. These initiatives align with India's targets for non-fossil fuel energy capacity and emissions reduction.
View Source
Trackers
Active Indian VCโs
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
Aug 2025
Jurifly
Build. Comply. Fund. Fly.
FloatFi App
Crypto to INR payments app for Indians
ForkMyCV
Your CV, Done Right.
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything thatโs happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in