Rs 10,000 crore deeptech fund will be gamechanger for India’s innovation system: PHDCCI

IANS | April 15, 2025 8:48 PM

New Delhi, April 15 (IANS) The PHD Chamber of Commerce and Industry (PHDCCI) on Tuesday described the allocation of Rs 10,000 crore funds in the Union Budget for exploring and expanding deeptech in the country as a progressive and path-breaking step, which will open new avenues in the field of start-ups and innovation ecosystem, including Artificial Intelligence (AI).

India can triple automotive exports to $60 bn by 2030, create 2.5 mn direct jobs

IANS | April 15, 2025 3:45 PM

New Delhi, April 15 (IANS) With the right enabling conditions for the automotive sector, India can triple exports to $60 billion, generate a $25 billion trade surplus, and create over 2-2.5 million direct jobs by 2030, propelling it toward becoming a globally competitive, innovation-driven manufacturing hub, the government said on Tuesday.