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Trends & Reports

India’s IT Spending to Grow by 6.7% in 2019 to $89 Bn: Gartner

Increasing spending on three segments - devices, enterprise software and IT services - likely to give major boost to IT spending levels in India...

Global Solar PV Power Generation to Reach 600 GW by 2023

China continue to dominate in the absolute solar PV, accounting for nearly 40 per cent of the world’s installed PV capacity in 2023 The overall...

Global Spending on RPA Software to Reach $680 Mn in 2018: Gartner

It is estimated that 60 per cent of the organisations having revenues of over $1 billion will deploy RPA tools by this year end Spending...

Smartphone Shipments Decline 3% in Q3, Reaches 386.8 Million

The top 10 smartphone players control 79 per cent of the market leaving more than 600 brands to compete for the rest 21 per...

Smartwatch Market Records 53% Growth in Q3: Counterpoint

The top five brands, which make up for around 69 per cent of the smartwatch shipments by volume in the July-September quarter dominated the...

E-Commerce Firms Account for 45-50% of Handsets Sale in India: ICEA

ICEA alleged that this comes at the cost of offline retail business as there is extensive predatory pricing by e-commerce companies Industry body India Cellular...

India’s Smartphone Market Falls Marginally by 1% in Q3: Canalys

Xiaomi remains on top for the fourth straight quarter with shipment of more than 12 million units during the period, witnessing a growth of 30%...

India Has Over 1 Billion Active Mobile Connections: TRAI

In terms of number, Airtel is in top with 340.59 million of active mobile connections, followed by Vodafone with 208.6 million connections There were more...

Non Digitalised Financial Firms Will Struggle for Relevance, Says Gartner

Banks using 20th century operating models will face a growing risk of failure while power-law firms, Fin-techs and long-tail firms will remain winners Gartner, a...

India’s Smartphone Users to Double by 2022: Report

By 2022, India is expected to transform into a Gigabit society where the businesses and citizens will equally get benefitted from the widespread faster...

Majority of Indians Willing to Switch to EVs: Study

Over 80% of the respondents in 20 cities thinks that the scenario of mobility has been improved in their respective cities in the past...

Internet Services Sector in India Can be a $124Bn Market By 2022

“Economic Impact of Internet Services in India" report also claims that the internet services industry has the potential of creating 12 million new jobs...

Industry's Buzz

Safran

Safran Secures First NATO Naval Order For Optronic Sights With MSI

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Safran brings Optronic Sights to MSI's naval and land gun systems. Safran Electronics & Defense and MSI-Defence Systems have signed a Franco-British agreement to fit...
Amber Enterprises

Amber Enterprises Completes Full Acquisition of Power-One Micro Systems

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Amber Enterprises subsidiary acquires remaining 40% stake in Power-One through share swap. Amber Enterprises has bought out its remaining minority partners in Power-One. IL JIN...
Image for representation purpose

Cosmoserve Opens Base 1 To Develop Space-Grade Electronics In-House

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Cosmoserve Space has opened a new facility in Hyderabad to develop space-grade electronics, optics and avionics in India, with the aim of cutting reliance...
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Nemi Targets Nasdaq Listing With USD 400 Million Valuation

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Nemi is going public. The plan? A $400 million Nasdaq listing. The company just signed a definitive business combination agreement with BHAV Acquisition Corp. This...
LG logo

LG Electronics India to Step Into India’s Automotive Market

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The South Korean headquarters of LG Electronics will continue to support the business with global technologies and existing relationships with global car manufacturers. LG Electronics...

Learn From Leaders

Roberto Gatti, Founder and CEO of Delvitech

The Eye That Spots Defects Before They Happen

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Most inspection machines tell you a board failed. Delvitech's tells you when it is about to.Every inspection stage in a factory traditionally needs its...
Pravin Patel, Founder and Chairman, Brio Agri, India

“Our goal is not to replace farmers, but to empower them with better tools,...

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In an exclusive interaction with EFY's Saba Aafreen, Pravin Patel, Founder and Chairman of Brio Agri, discusses building hydroponics and controlled-environment agriculture in India,...

Does India’s Chip Packaging Growth Need Local Materials At Scale?

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What will it take for specialised semiconductor materials manufacturing to grow in India? Packaging volumes will be a key factor as OSAT facilities move...
Ronak Kumar Samantray, Founder, TM2Space Technologies Pvt Ltd.

“Our goal is to build data centres in space.” – Ronak Kumar Samantray, TM2Space

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A space startup aims to build orbital data centres, letting users run AI models and store data on satellites while also supplying satellite hardware...

India’s Photonics Puzzle Is Finally Coming Together 

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Can India turn its scattered photonics capabilities into a stronger industry? A new association aims to connect the ecosystem and strengthen the domestic value...

Startups

EVE NET Turns Spare Smartphone Capacity Into An AI Cloud

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What if the phone in your pocket could help run AI? A Mumbai-based startup wants to cut AI computing costs by tapping into millions...

Vimag Labs’ Magnet-Free Motors Set To Redefine EV Efficiency

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Can software replace rare-earth materials? This Bengaluru startup uses virtual magnets to eliminate traditional permanent magnets, boosting EV motor efficiency up to 95 per...

Pine Labs Q2 FY27 Profit Soars 6.5x

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Pine labs said that it processes 25 million transactions per day, a 22 per cent increase from the previous year. Fintech company Pine Labs, reported...
Dr Venkata Sai Kiran, Founder, Red Balloon Aerospace

How Near-Space Platforms Could Revolutionise Broadband Connectivity – Dr Venkata Sai Kiran, Red Balloon...

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As nations explore high-altitude platforms for communication, surveillance, and scientific research, Red Balloon Aerospace is developing super-pressure balloons, tethered aerostats, and airships for near-space...
Manish Seth, Founder, Vimag Labs

Beyond Rare-Earth Magnets: How Vimag Labs Is Reimagining Electric Motors – Manish Seth, Vimag...

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Can software replace rare earth magnets in electric motors? Manish Seth of Vimag Labs speaks to EFY’s Nitisha Dubey about Virtual Magnet Technology, which...