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Time of India
5 days ago
- Business
- Time of India
First made in India chip to be rolled out soon: Ashwini Vaishnaw
Bengaluru: Union Information and Technology Minister Ashwini Vaishnaw on Sunday said that the country would witness the rollout of its first made-in-India chip "very soon" as six semiconductor plants are under construction in Gujarat, Assam and Uttar Pradesh. Addressing the 'Next-Gen Mobility for a Next-Gen City' programme here, the IT Minister said, "Today there are six semiconductor plants under construction in our country and very soon we'll see the first made in India chip roll out of these factories." Emphasising the government's resolve for the easy accessibility of Artificial Intelligence (AI) technologies, he said, "AI is shaping our world today. Our Prime Minister's vision is of democratising technology. It should be accessible to all. It should not be limited to a few. It should be available to all. That's why we have done the India AI mission in which 34,000 GPUs (Graphics Processing Units) are available today as a common compute facility for all our innovators." "The price of these GPUs is just less than USD 1 per hour. And this is the most affordable common computer facility in the entire world," the Minister added. Speaking at the same event, Prime Minister Narendra Modi also emphasised India's priority to become "self-reliant" in the technology sector, stating that the country will soon have its "Made in India" chip as the semiconductor mission gains momentum. PM stressed that the journey of "Viksit Bharat" will move forward hand in hand with the Digital India initiative . He noted that with the India AI Mission, the country is advancing towards global AI leadership. "Our next big priority should be becoming self-reliant in technology. The journey to a Viksit Bharat will move forward hand in hand with Digital India. Through initiatives like the India AI Mission, India is advancing toward global AI leadership. He added that the Semiconductor Mission is also gaining momentum, and India will soon have its own Made-in-India chip", PM Modi said. In May, the Union Cabinet approved India's sixth semiconductor manufacturing unit in Jewar in western Uttar Pradesh. It will be established near Jewar Airport through a joint venture between the HCL Group and Taiwanese electronics giant Foxconn. The sixth unit is expected to generate employment for around 2,000 people and will help significantly in strengthening India's semiconductor ecosystem. The unit at Jewar will have a 20,000 wafers per month capacity, and the chips will have 36 million (3.6 crore) per month. Among other five semiconductor plants, four are in Gujarat: Tata Electronics-PSMC Semiconductor fab, CG Power-Renesas-Stars Microelectronics ATMP unit , Micron Technology's ATMP unit and Kaynes Semicon ATMP unit, while the Tata Semiconductor Assembly and Test (TSAT) Unit is in Assam. In 2024, the Government of India launched a comprehensive initiative called the India AI Mission aimed at positioning India as a global hub for artificial intelligence (AI) research, innovation, and adoption. The mission focuses on developing AI solutions across key sectors such as healthcare, agriculture, education, smart cities, and infrastructure to drive socio-economic growth. The strategy includes capacity building, development of research ecosystems, and partnerships between government, industry, and academia. The government has also approved the Semicon India programme with a total outlay of Rs 76,000 crore for the development of a semiconductor and display manufacturing ecosystem in the country. On the other hand, to promote the semiconductor ecosystem, the central government, in June, introduced pioneering reforms in the Special Economic Zones (SEZ) rules. The reforms aim to address the specialised needs of the semiconductor and electronics component manufacturing sectors. Since manufacturing in these sectors is highly capital-intensive, import-dependent and involves longer gestation periods before turning profitable, rule amendments have been carried out to promote pioneering investments and boost manufacturing in these high-technology sectors. Going further, Vaishnaw informed that India has become the top supplier of smartphones to the United States, with electronics manufacturing now worth Rs 12 lakh crore. He said that India's electronic production has grown six times in the last 11 years. The Minister further pointed out the exponential rise in electronic exports, which have increased eightfold to reach 3 lakh crore rupees. Vaishnaw also noted India's position as the world's second-largest manufacturer of mobile phones, underscoring the country's expanding role in the global electronics market. "Our electronic production has grown 6 times in the last 11 years. Today, electronics manufacturing has touched 12 lakh crore rupees. Electronic exports have increased by 8 times... Today, it has grown to 3 lakh crore rupees. India has become the second-largest manufacturer of mobile phones in the world" he said. According to official government data, India has made significant progress in mobile and electronics manufacturing, becoming the world's 2nd largest mobile manufacturing country. In 2014, India had only 2 mobile manufacturing units, but fast forward to today, the nation boasts over 300 manufacturing units, underscoring a significant expansion in this vital sector. In 2014 -15 only 26 per cent of the mobile phones which were being sold in India were made in India, the rest were being imported. It is worth mentioning that today, 99.2 per cent of all mobile phones which are sold in India are made in India. The manufacturing value of mobile phones has surged from Rs 18,900 crore in FY14 to a staggering Rs 4,22,000 crore in FY24.
Barnama
30-06-2025
- Business
- Barnama
HCL Group And UpLink Launch Fourth Global Aquapreneur Innovation Challenge To Boost Water Resilience
DELHI, India & TIANJIN, China, June 30 (Bernama) -- Global conglomerate HCL Group and UpLink, early-stage innovation initiative of the World Economic Forum, have announced the fourth challenge of the Aquapreneur Innovation Initiative, the Water Resilience Challenge. The announcement was made at the Annual Meeting of the New Champions in Tianjin, China. Applications are open until August 4, 2025, with winners to be announced in January 2026. The top 10 winners will receive a total financial award of CHF1.75 million divided amongst the innovators. For detailed information and eligibility criteria, visit: Important Dates to Note
Associated Press
26-06-2025
- Business
- Associated Press
HCL Group and UpLink Launch Fourth Global Aquapreneur Innovation Challenge to Boost Water Resilience
DELHI, India & TIANJIN, China--(BUSINESS WIRE)--Jun 26, 2025-- Global conglomerate HCL Group and UpLink, early-stage innovation initiative of the World Economic Forum, have announced the fourth challenge of the Aquapreneur Innovation Initiative, the Water Resilience Challenge. The announcement was made at the Annual Meeting of the New Champions in Tianjin, China. Applications are open until August 4, 2025, with winners to be announced in January 2026. The top 10 winners will receive a total financial award of CHF1.75 million divided amongst the innovators. For detailed information and eligibility criteria, visit: This press release features multimedia. View the full release here: John Dutton, Head of UpLink, announcing the launch of Aquapreneur Innovation Initiative Challenge 4 The Aquapreneur Innovation Initiative is a 5-year, 15 million CHF collaboration between UpLink, HCL Group and the World Economic Forum's Food and Water team, to create a first-of-its-kind innovation ecosystem for freshwater. The Innovation Challenge aims to empower global change-makers pioneering groundbreaking technologies, strategies and approaches to conserve, manage and protect water resources. The Water Resilience Challenge seeks scalable, pioneering solutions that enhance the resilience of water systems facing mounting pressures from climate change, pollution and increasing demand. Submissions are invited across three critical sectors: Sundar Mahalingam, President of Strategy at HCL Group, said, 'Through HCL's collaboration with the World Economic Forum and UpLink, we are helping build a global ecosystem for water innovation — one changemaker at a time. We focus on strategic support — enabling promising innovators to access global platforms, visibility, investors, policymakers, and peer networks. In just three years, 30 innovators supported through this initiative have raised over $90 million and saved over 12 billion litres of water. Our goal is to empower at least 50 such changemakers — and many more in the years ahead.' John Dutton, Head of UpLink, World Economic Forum, added, ' UpLink and HCL Group's Aquapreneur Innovation Initiative recognizes that solving the water crisis demands a dynamic ecosystem to scale effective solutions. Together with the World Economic Forum's Food and Water Initiative, we are proud to launch the Water Resilience Challenge, calling on bold early-stage start-ups addressing the most urgent water needs of our time, from rising demands in the tech and agritech sectors to climate-driven infrastructure vulnerabilities. By supporting breakthrough innovators and fostering cross-sector collaboration, we're working together to build the water resilience every industry needs to thrive in a water-stressed world.' 'Being part of the Aquapreneur Innovation Initiative has been transformative. For a company at our stage, the credibility from HCL, UpLink, and the World Economic Forum has opened doors to high-level partners and investors we couldn't have reached otherwise, including HCL itself. The financial award and global recognition have positioned us for our next stage of growth, and we've joined a powerful community of innovators tackling the world's biggest water challenges,' said Mansi Jain, Co-founder and CEO of DigitalPaani, a grantee from the previous cohort. An official announcement regarding the launch of the Water Resilience Challenge will also be made on June 26 at the Chief Sustainability Officers (CSO) Meeting at the ongoing London Climate Action Week organized by the World Economic Forum. In response to the growing climate variability, groundwater depletion and water-intensive industrial demands, the Water Resilience Challenge seeks to catalyze a new generation of sustainable, scalable and equitable solutions. Selected participants will gain access to funding, mentorship, global visibility, and a powerful network of experts, investors and partners. About HCL Founded in 1976 as one of India's original IT garage start-ups, HCL Group is a pioneer of modern computing with many firsts to its credit, including the introduction of the 8-bit microprocessor-based computer in 1978 well before its global peers. Today, the HCL Group has a presence across varied sectors that include technology, healthcare and talent management solutions and comprises three companies – HCL Infosystems, HCLTech and HCL Healthcare. The enterprise generates annual revenues of over US$13.8 billion with 220,000 employees operating across 60 countries. For further information, About UpLink UpLink is a World Economic Forum initiative, founded in collaboration with Deloitte and Salesforce, designed to unlock the power of entrepreneurship to tackle the world's most urgent challenges. UpLink builds ecosystems that enable purpose-driven, early-stage entrepreneurs to scale their businesses for the markets and economies that are essential to a net-zero, nature-positive and equitable future. For further information,click here. View source version on CONTACT: On behalf of HCL: Alisha [email protected]/ 8447821231 Shruti [email protected]/ 9654356487 KEYWORD: INDIA UNITED KINGDOM SINGAPORE AUSTRALIA/OCEANIA AUSTRALIA CHINA SOUTHEAST ASIA ASIA PACIFIC EUROPE INDUSTRY KEYWORD: NETWORKS OTHER ENERGY UTILITIES DATA MANAGEMENT ALTERNATIVE ENERGY ENERGY TECHNOLOGY ARTIFICIAL INTELLIGENCE ENVIRONMENT CONSTRUCTION & PROPERTY URBAN PLANNING BUILDING SYSTEMS SOURCE: HCL Group Copyright Business Wire 2025. PUB: 06/26/2025 04:30 AM/DISC: 06/26/2025 04:29 AM
Business Wire
26-06-2025
- Business
- Business Wire
HCL Group and UpLink Launch Fourth Global Aquapreneur Innovation Challenge to Boost Water Resilience
DELHI, India & TIANJIN, China--(BUSINESS WIRE)--Global conglomerate HCL Group and UpLink, early-stage innovation initiative of the World Economic Forum, have announced the fourth challenge of the Aquapreneur Innovation Initiative, the Water Resilience Challenge. The announcement was made at the Annual Meeting of the New Champions in Tianjin, China. Applications are open until August 4, 2025, with winners to be announced in January 2026. The top 10 winners will receive a total financial award of CHF1.75 million divided amongst the innovators. For detailed information and eligibility criteria, visit: The Aquapreneur Innovation Initiative is a 5-year, 15 million CHF collaboration between UpLink, HCL Group and the World Economic Forum's Food and Water team, to create a first-of-its-kind innovation ecosystem for freshwater. The Innovation Challenge aims to empower global change-makers pioneering groundbreaking technologies, strategies and approaches to conserve, manage and protect water resources. The Water Resilience Challenge seeks scalable, pioneering solutions that enhance the resilience of water systems facing mounting pressures from climate change, pollution and increasing demand. Submissions are invited across three critical sectors: Strengthening Infrastructure Resilience – Solutions to strengthen urban and rural water systems including drainage, enhancing their ability to withstand extreme weather (including extreme heat, droughts, floods and stormwater), addressing infrastructure gaps and vulnerabilities, and meeting growing demand. Rethinking Agri-food Water Use – Solutions to transform agricultural surface water and groundwater use through regenerative and nature-based approaches, improved irrigation practices, and innovations to conserve, reuse, and replenish water resources across food systems. Optimising Water in the Tech Sector and Energy Systems – Technologies to improve water efficiency and reduce water-related risks in industries such as AI data centres, semiconductor manufacturing, along with solutions that improve water-efficiency in energy generation and recover energy from wastewater. Sundar Mahalingam, President of Strategy at HCL Group, said, 'Through HCL's collaboration with the World Economic Forum and UpLink, we are helping build a global ecosystem for water innovation — one changemaker at a time. We focus on strategic support — enabling promising innovators to access global platforms, visibility, investors, policymakers, and peer networks. In just three years, 30 innovators supported through this initiative have raised over $90 million and saved over 12 billion litres of water. Our goal is to empower at least 50 such changemakers — and many more in the years ahead.' John Dutton, Head of UpLink, World Economic Forum, added, ' UpLink and HCL Group's Aquapreneur Innovation Initiative recognizes that solving the water crisis demands a dynamic ecosystem to scale effective solutions. Together with the World Economic Forum's Food and Water Initiative, we are proud to launch the Water Resilience Challenge, calling on bold early-stage start-ups addressing the most urgent water needs of our time, from rising demands in the tech and agritech sectors to climate-driven infrastructure vulnerabilities. By supporting breakthrough innovators and fostering cross-sector collaboration, we're working together to build the water resilience every industry needs to thrive in a water-stressed world.' 'Being part of the Aquapreneur Innovation Initiative has been transformative. For a company at our stage, the credibility from HCL, UpLink, and the World Economic Forum has opened doors to high-level partners and investors we couldn't have reached otherwise, including HCL itself. The financial award and global recognition have positioned us for our next stage of growth, and we've joined a powerful community of innovators tackling the world's biggest water challenges,' said Mansi Jain, Co-founder and CEO of DigitalPaani, a grantee from the previous cohort. An official announcement regarding the launch of the Water Resilience Challenge will also be made on June 26 at the Chief Sustainability Officers (CSO) Meeting at the ongoing London Climate Action Week organized by the World Economic Forum. In response to the growing climate variability, groundwater depletion and water-intensive industrial demands, the Water Resilience Challenge seeks to catalyze a new generation of sustainable, scalable and equitable solutions. Selected participants will gain access to funding, mentorship, global visibility, and a powerful network of experts, investors and partners. About HCL Founded in 1976 as one of India's original IT garage start-ups, HCL Group is a pioneer of modern computing with many firsts to its credit, including the introduction of the 8-bit microprocessor-based computer in 1978 well before its global peers. Today, the HCL Group has a presence across varied sectors that include technology, healthcare and talent management solutions and comprises three companies – HCL Infosystems, HCLTech and HCL Healthcare. The enterprise generates annual revenues of over US$13.8 billion with 220,000 employees operating across 60 countries. For further information, visit About UpLink UpLink is a World Economic Forum initiative, founded in collaboration with Deloitte and Salesforce, designed to unlock the power of entrepreneurship to tackle the world's most urgent challenges. UpLink builds ecosystems that enable purpose-driven, early-stage entrepreneurs to scale their businesses for the markets and economies that are essential to a net-zero, nature-positive and equitable future. For further information, click here.
National Post
26-06-2025
- Business
- National Post
HCL Group and UpLink Launch Fourth Global Aquapreneur Innovation Challenge to Boost Water Resilience
Article content DELHI, India & TIANJIN, China — Global conglomerate HCL Group and UpLink, early-stage innovation initiative of the World Economic Forum, have announced the fourth challenge of the Aquapreneur Innovation Initiative, the Water Resilience Challenge. The announcement was made at the Annual Meeting of the New Champions in Tianjin, China. Applications are open until August 4, 2025, with winners to be announced in January 2026. The top 10 winners will receive a total financial award of CHF1.75 million divided amongst the innovators. For detailed information and eligibility criteria, visit: Important Dates to Note 25 June to 4 August 2025 Open for submissions August 2025 Review and selection process January 2026 Announcement of the winners The Aquapreneur Innovation Initiative is a 5-year, 15 million CHF collaboration between UpLink, HCL Group and the World Economic Forum's Food and Water team, to create a first-of-its-kind innovation ecosystem for freshwater. The Innovation Challenge aims to empower global change-makers pioneering groundbreaking technologies, strategies and approaches to conserve, manage and protect water resources. Article content The Water Resilience Challenge seeks scalable, pioneering solutions that enhance the resilience of water systems facing mounting pressures from climate change, pollution and increasing demand. Submissions are invited across three critical sectors: Article content Strengthening Infrastructure Resilience – Solutions to strengthen urban and rural water systems including drainage, enhancing their ability to withstand extreme weather (including extreme heat, droughts, floods and stormwater), addressing infrastructure gaps and vulnerabilities, and meeting growing demand. Rethinking Agri-food Water Use – Solutions to transform agricultural surface water and groundwater use through regenerative and nature-based approaches, improved irrigation practices, and innovations to conserve, reuse, and replenish water resources across food systems. Optimising Water in the Tech Sector and Energy Systems – Technologies to improve water efficiency and reduce water-related risks in industries such as AI data centres, semiconductor manufacturing, along with solutions that improve water-efficiency in energy generation and recover energy from wastewater. Article content , Article content Article content said, 'Through HCL's collaboration with the World Economic Forum and UpLink, we are helping build a global ecosystem for water innovation — one changemaker at a time. We focus on strategic support — enabling promising innovators to access global platforms, visibility, investors, policymakers, and peer networks. In just three years, 30 innovators supported through this initiative have raised over $90 million and saved over 12 billion litres of water. Our goal is to empower at least 50 such changemakers — and many more in the years ahead.' Article content John Dutton, Head of UpLink, World Economic Forum Article content , added, ' Article content UpLink and HCL Group's Aquapreneur Innovation Initiative recognizes that solving the water crisis demands a dynamic ecosystem to scale effective solutions. Together with the World Economic Forum's Food and Water Initiative, we are proud to launch the Water Resilience Challenge, calling on bold early-stage start-ups addressing the most urgent water needs of our time, from rising demands in the tech and agritech sectors to climate-driven infrastructure vulnerabilities. By supporting breakthrough innovators and fostering cross-sector collaboration, we're working together to build the water resilience every industry needs to thrive in a water-stressed world.' Article content 'Being part of the Aquapreneur Innovation Initiative has been transformative. For a company at our stage, the credibility from HCL, UpLink, and the World Economic Forum has opened doors to high-level partners and investors we couldn't have reached otherwise, including HCL itself. The financial award and global recognition have positioned us for our next stage of growth, and we've joined a powerful community of innovators tackling the world's biggest water challenges,' Article content said Mansi Jain, Co-founder and CEO of DigitalPaani, a grantee from the previous cohort. Article content An official announcement regarding the launch of the Water Resilience Challenge will also be made on June 26 at the Chief Sustainability Officers (CSO) Meeting at the ongoing London Climate Action Week organized by the World Economic Forum. Article content In response to the growing climate variability, groundwater depletion and water-intensive industrial demands, the Water Resilience Challenge seeks to catalyze a new generation of sustainable, scalable and equitable solutions. Selected participants will gain access to funding, mentorship, global visibility, and a powerful network of experts, investors and partners. Article content About HCL Article content Founded in 1976 as one of India's original IT garage start-ups, HCL Group is a pioneer of modern computing with many firsts to its credit, including the introduction of the 8-bit microprocessor-based computer in 1978 well before its global peers. Today, the HCL Group has a presence across varied sectors that include technology, healthcare and talent management solutions and comprises three companies – HCL Infosystems, HCLTech and HCL Healthcare. The enterprise generates annual revenues of over US$13.8 billion with 220,000 employees operating across 60 countries. For further information, visit Article content Article content Article content Article content Contacts Article content On behalf of HCL: Article content Article content Alisha Bisherwal- Article content Article content Article content
