US-based technology giant signed agreements with India to help the latter develop AI, semiconductors, and quantum technology, three promising technologies for the decades to come. India is reportedly considering providing incentives for companies making electric vehicles (EVs) in india, and Suzuki may capitalize the policy to build its first EV production hub in the South Asian country.
IBM to help India advance in AI, semiconductors, and quantum technology
According to an official statement, IBM signed three MoUs with Indian entities, including one with IndiaAI-Digital India Corporation, to establish an AI Innovation Platform. IBM will be a knowledge partner of India Semiconductor Mission for a semiconductor research center. IBM and India's Centre for Development of Advanced Computing (C-DAC) will work together to advance India's National Quantum Mission.
Indian wireless operators show reserved interest in Open RAN
Although datacom companies are hopeful an era of Open RAN will help them venture into the telecom equipment market that was dominated by a few companies like Nokia, Huawei, and Ericsson, Ashwinder Sethi, partner at Analysys Mason, said that the Open RAN ecosystem is not mature, and the technology is not very cost-effective for higher configurations such as 32T32R and 64T64R, which Indian telecom operators use in 5G.
India reportedly considering offering incentives for EV production
The Economic Times quoted unnamed officials saying that The Department for Promotion of Industry and Internal Trade of India is discussing with stakeholders to form a policy to subsidize electric four-wheeler (E4W) production in India based on related investments, aiming to create jobs and bring down car prices.
Suzuki reportedly to make India its first EV export hub, a rare case for Japanese carmakers
Nikkei quoted sources saying that Suzuki had chosen India as its first EV production hub due to its huge market and low manufacturing cost. Suzuki will also position India as an EV export hub. According to Nikkei, Japan-based carmakers such as Toyota and Nissan began developing products and making EVs in Japan before moving the production lines to other countries.
