Sector / Industry News › Sub-category
IT / Software / Digital
72 articles
India's digital economy is experiencing robust growth, contributing 12-14% to GDP and projected to reach 20% within the next decade, solidifying its position as the world’s fifth-largest digitalized economy. Government initiatives like the GeM platform have facilitated over ₹20 lakh crore in procurement, while UPI processed a staggering ₹314.23 lakh crore in transactions, demonstrating the increasing reliance on digital payments. Furthermore, the expansion of the semiconductor and AI sectors, supported by substantial government investments exceeding ₹1.27 lakh crore, alongside reforms aimed at boosting the startup ecosystem, signal continued momentum and potential for further economic expansion, though realizing these ambitions will depend on effective implementation and addressing potential skill gaps.
Magellanic Cloud Secures ₹111.04 Crore Order Wins
Magellanic Cloud announces multiple order wins totaling ₹111.04 crore from railways, BFSI, and infrastructure clients.
Orders include AI-powered surveillance projects for Indian Railways divisions, PN
GeM Completes Decade with ₹20 Lakh Crore GMV
Government e-Marketplace completes 10 years with cumulative GMV exceeding ₹20 lakh crore through 3.78 crore orders.
IIT Delhi study estimates ₹1.76 lakh crore net social savings and 13.6% price saving
DGFT Expands Source from India Platform for Startups
DGFT expands Source from India platform eligibility to include DPIIT-recognized startups via Trade Notice 16.
Eligible startups receive dedicated badges and can create microsites even without export p
India Hosts Tenth BRICS Industry Ministers Meeting
India concluded the Tenth BRICS Industry Ministers' Meeting in Jaipur under its 2026 BRICS Chairship.
Ministers adopted a Joint Declaration to advance industrial cooperation on MSMEs, photovoltaics, s
DPIIT Signs Five Strategic Startup Ecosystem MoUs
DPIIT signed five MoUs with industry partners to strengthen India's startup ecosystem through enhanced digital infrastructure and support.
Cashfree Payments will provide digital payment solutions, ide
Ceinsys Tech Q1 Revenue Flat, Margins Expand 505bps
Ceinsys Tech reported Q1 FY27 consolidated revenue of ₹158 crore, up 1% YoY, with EBITDA surging 27% to ₹39 crore and margins expanding 505 bps to 24.4%.
Order book stood at ₹990 crore with fresh infl
Infosys and Knorr-Bremse AI Transformation Partnership
Infosys announces long-term collaboration with Knorr-Bremse AG to deliver end-to-end managed services for their Tech4Value IT transformation program.
The partnership will modernize Knorr-Bremse's enti
UIDAI Completes 2 Crore Biometric Updates for Students
UIDAI completed over 2 crore mandatory biometric updates for school children aged 5-17 years through a nationwide drive.
The initiative covered 1.56 lakh schools using UDISE+ integration and school-le
India Manufacturing Sector Achieves Robust Growth Across Key Industries
India's manufacturing GVA grew at a 10.88% CAGR from 2022-23 to 2025-26, contributing 16-17% to GDP and employing over 27 million workers.
Defence production reached ₹1.78 lakh crore in FY25-26 with e
India's Digital Economy Contributes 12-14% to GDP
India's digital economy contributes 12-14% to GDP and is projected to reach 20% in the next decade, making it the world's fifth-largest digitalised economy.
Electronics production grew 7-fold to ₹13.1
India's ₹1.27L Crore Semicon 2.0 and AI Mission Progress
India approved Semicon 2.0 with ₹1,27,500 crore outlay to scale semiconductor ecosystem across six strategic pillars including fabrication and design.
Twelve semiconductor projects approved with ₹1.64
India e-Courts Project Digitizes Judiciary with AI
Government's e-Courts Mission Mode Project transformed India's paper-based judiciary into digital system with 753 crore pages digitized.
Phase III achievements include 1,806 e-Sewa Kendras, 4.18 crore
CPGRAMS Transforms Public Grievance Redressal with Digital Innovation
CPGRAMS handles 27 lakh annual grievances with 15-day average disposal time in 2025, down from 157 days in 2014.
Platform connects all Central Ministries, States and UTs with 1.09 lakh Grievance Redre
India's ₹1.38 Lakh Crore Semiconductor and AI Push
India approved Semicon 2.0 with ₹1,27,500 crore outlay to expand semiconductor ecosystem across six strategic pillars including fabrication and design.
Twelve semiconductor projects approved with ₹1.6
India Youth Development Initiatives Progress Report 2026
Government reports 2.22 crore youth registered on MY Bharat platform for volunteering and skilling opportunities as of July 2026.
Education system serves 24.72 crore students across 14.67 lakh schools
India's Space Sector Reforms Drive $9B Economy Growth
India's space economy valued at $9B with projection to reach $40-45B in next decade, driven by private sector expansion.
Private investment surged six-fold from $100.5M in 2021-22 to $618.5M by March
India Manufacturing Sector Shows Robust 10.88% CAGR Growth
India's manufacturing sector contributes 16-17% to GDP with 10.88% CAGR growth from 2022-23 to 2025-26, employing over 27 million workers.
Defence production reached ₹1.78 lakh crore in FY25-26 with e
Indian Judiciary e-Courts Project Digital Transformation
Indian government's e-Courts Mission Mode Project has digitized judiciary with 753 crore pages of court records digitized since 2014.
Project achieved 1,806 e-Sewa Kendras, 4.18 crore remote hearings,
GeM Transforms Public Procurement with ₹20L Cr+ GMV
Government e-Marketplace (GeM) has facilitated cumulative procurement worth over ₹20 lakh crore through its digital platform.
Over 11 lakh registered Micro and Small Enterprises executed 51+ lakh orde
CPGRAMS Transforms Public Grievance Redressal with Digital Innovation
CPGRAMS handles 27 lakh annual grievances with 15-day average resolution time, down from 157 days in 2014.
Platform integrates AI, supports 22 languages, and connects 1.09 lakh grievance officers acro
India Digital Economy Contributes 12-14% to GDP
India's digital economy contributes 12-14% to GDP, projected to reach 20% in a decade, making it the world's fifth-largest digitalized economy.
Electronics production grew 7-fold to ₹13.11 lakh crore
Veefin and NSIA Group Partner for West African SCF
Veefin Solutions partners with NSIA Group to deploy Supply Chain Finance platform across five West African banking subsidiaries.
Partnership enables Reverse Factoring and Factoring programs to address
Praj Industries Q1 FY27 Revenue Up 12% YoY
Praj Industries reported Q1 FY27 consolidated revenue of ₹716 crore, a 12% YoY increase, with PBT before exceptional items at ₹21.05 crore.
The company secured a ₹1,000 crore order intake, including a
MeitY Approves 31 New ECMS Projects Worth ₹6,844 Crore
MeitY approved 31 new projects under ECMS with ₹6,844 crore investment, expected to create 9,588 direct jobs.
Total ECMS approvals now stand at 106 projects with ₹69,548 crore investment generating 74
Sangeeta Das NFSC Fellowship Supports Semiconductor Research
Ministry of Social Justice highlights NFSC fellowship supporting Scheduled Caste scholar Sangeeta Das's PhD journey.
Das received ₹31,000 monthly fellowship from November 2020 while managing research,
VP Highlights Higher Education Expansion Since 2014
Vice President addressed SRMIST convocation, highlighting significant expansion of India's higher education infrastructure since 2014.
Noted establishment of 16 IIITs, 8 Central Universities, 8 IIMs,
NIELIT Launches CYBER KUSHTI 2026 Cybersecurity Hackathon
NIELIT launched CYBER KUSHTI 2026, a national cybersecurity and AI hackathon focusing on human judgment rather than detection speed.
The competition features three rounds with final in-person presenta
PM Modi Outlines Viksit Bharat 2047 Development Vision
Prime Minister Modi's Independence Day speech sets the national goal of building a developed India (Viksit Bharat) by 2047, backed by a 12-year track record of economic growth.
Key achievements includ
PM Modi Announces AI Skilling, Nuclear Power, Semiconductor Plants
PM Modi announced AI skilling for 1 crore youth and a new target of 6 crore Lakhpati Didis to boost rural economy.
India targets 100 GW nuclear power capacity by 2047 with five new reactors planned wi
PM Modi Outlines Viksit Bharat 2047 Economic Roadmap
PM Modi's Independence Day address outlined a comprehensive economic vision for Viksit Bharat by 2047 through seven strategic pillars including manufacturing, technology, and green economy.
The speech
Modi's 2047 Viksit Bharat Vision Outlined
PM Modi outlines India's vision to become a developed Viksit Bharat by 2047, citing unprecedented progress over the last 12 years.
Highlights semiconductor manufacturing progress with plants started,
PM Modi Outlines Viksit Bharat 2047 Vision
PM Modi presents a comprehensive vision to transform India into a developed nation by 2047, citing 25 crore citizens lifted from poverty and economic transformation.
Major policy announcements include
India's 12-Year Transformation Progress Highlights
PM Modi highlights India's 12-year transformation across manufacturing, digital infrastructure, and energy security with specific growth metrics.
Defense production increased 4x, mobile production 35x
PM Modi Outlines Viksit Bharat 2047 Vision with Economic Reforms
Prime Minister Narendra Modi outlined the vision for a developed India (Viksit Bharat) by 2047, citing economic transformation including 25 crore citizens lifted from poverty and the economy becoming
PM Modi Endorses GeM's Public Procurement Transformation
PM Narendra Modi shared Union Minister Piyush Goyal's article detailing Government e-Marketplace (GeM) achievements.
GeM strengthened Ease of Doing Business over 10 years through transparent procureme
PM Modi Attends IIT Delhi 57th Convocation Ceremony
PM Narendra Modi physically attended IIT Delhi's 57th convocation, expressing satisfaction after previous virtual participation during COVID.
Modi urged graduates to dream big, embrace challenges, and
PM Modi Addresses IIT Delhi Convocation on Viksit Bharat
PM Modi delivered the convocation address at IIT Delhi, focusing on India's technological self-reliance and youth's role in national development.
Announced ₹1 lakh crore funding for research through N
PM Modi Addresses IIT Delhi Convocation on Self-Reliance
PM Modi addressed IIT Delhi's 57th convocation, emphasizing national self-reliance and youth empowerment as foundations for Viksit Bharat.
He highlighted emerging sectors including space, semiconducto
PM Modi to Inaugurate IIT Delhi AI Supercomputing Facility
PM Modi to address IIT Delhi's 57th convocation ceremony on August 8, 2026 as chief guest.
Will present prestigious gold medals including President's Gold Medal to 587 PhD scholars among 3000 graduate
PM Modi Inaugurates ₹17,900 Crore Andhra Pradesh Projects
PM Modi inaugurated and laid foundation stones for multi-sector development projects worth ₹17,900 crore in Andhra Pradesh, focusing on aviation, connectivity, and energy.
Key projects include Bhogapu
Modi Inaugurates Bhogapuram International Airport Andhra Pradesh
Prime Minister Modi inaugurated the Alluri Sitarama Raju International Airport in Bhogapuram, Andhra Pradesh.
The NDA government is focusing on Andhra Pradesh's development through blue economy, port
Aheesa Digital Innovations Achieves First-Pass Silicon Success
Aheesa Digital Innovations achieved first-pass silicon success with VIHAAN broadband chip using indigenous VEGA microprocessor.
The startup raised ₹40 crore from TNIFMC and private investors to accele
Modi Outlines Viksit Bharat Roadmap with 100GW Nuclear Target
PM Modi's 80th Independence Day address outlined a comprehensive roadmap for Viksit Bharat with focus on self-reliance across sectors.
Announced 100 gigawatts nuclear power capacity target and 8 new s
MCA Honors PMIS Partner Companies at Industry Awards
Ministry of Corporate Affairs hosted PMIS Industry Awards to recognize companies creating internship opportunities under the Prime Minister Internship Scheme pilot phase.
Mahindra & Mahindra won Overa
Brightcom Group Q1 FY27 Consolidated Revenue Rises 20% YoY
Brightcom Group approved unaudited Q1 FY27 standalone and consolidated financial results, reporting a consolidated revenue of ₹1,75,217.57 lakhs.
Consolidated net profit stood at ₹26,157.70 lakhs with
HGS Q1 FY27 Revenue Rs 1,050 Cr, EBITDA Margin 9.7%
Hinduja Global Solutions reported Q1 FY27 revenue of Rs 1,050.4 crores with EBITDA margin compression to 9.7% due to legacy contract run-offs and AI investments.
The company added 19 new CX/digital lo
GVP Infotech Q1 Net Profit Rs 3.67 Cr on Deposit Write-Back
GVP Infotech reported Q1 FY27 standalone net profit of Rs 3.67 crore, a significant turnaround from a Rs 2.02 crore loss in Q4 FY26, driven by a Rs 4.95 crore deposit write-back.
Revenue from operatio
FutureSkills PRIME Registers 34 Lakh Candidates, 13 Lakh Certified
FutureSkills PRIME program has registered over 34 lakh candidates with 13 lakh+ certified in emerging technologies like AI and cybersecurity.
The program shows strong participation from Tier 2/3 citie
STP Units Record ₹7.73 Lakh Crore Exports in FY26
Software Technology Park units achieved ₹7.73 lakh crore in exports during FY 2025-26, showing growth from previous years.
Karnataka led state-wise exports with ₹3.50 lakh crore, followed by Telangana
Dynacons Q1 Revenue ₹313.69 Crore, PAT ₹19.80 Crore
Dynacons reported Q1 FY27 revenue of ₹313.69 crore and PAT of ₹19.80 crore, with EBITDA margin improving to 12.81%.
The company commenced execution on its landmark ₹750.82 crore RBI private cloud mand
PSA Office Launches S&T Clusters Annual Report 2025-26
Office of Principal Scientific Adviser launched Science and Technology Clusters Annual Report 2025-26 highlighting regional innovation ecosystems.
Report showcases technology translation progress incl
Ministry of Science & Technology Vigyan TECH 2026 Initiative
DBT organized Vigyan TECH 2026 exhibition featuring 100+ technologies from 14 government ministries and departments.
Event included technology transfers of 12 specific innovations across biotech, medi
NIELIT Digital University Reaches 2.7L Learners, SWAYAM Plus 6L Enrollments
Government launched NIELIT Digital University in October 2025 providing 100+ technology courses across 750 districts with 2.70 lakh registrations.
SWAYAM Plus platform offers 500+ employability-focuse
National Quantum Mission 2025-26 Implementation Progress
Government reviews National Quantum Mission progress through governance mechanisms including Mission Governing Board and annual conclave.
Four Thematic Hubs operationalized with 14 Technical Groups an
PMKVY 4.0 Trains 5.44 Lakh in New-Age Technologies
PMKVY 4.0 has trained over 5.44 lakh candidates in future-oriented technologies like AI and drones as of June 2026.
The scheme has utilized ₹414.86 crore for new-age job roles and mandates industry-al
MSDE NAPS-2 Apprenticeship Stipend Disbursement Hits ₹1,573 Crore
Government disbursed ₹1,573.46 crore in stipend support under NAPS-2 apprenticeship scheme from 2023-24 to 2026-27 via DBT mechanism.
Women's apprenticeship participation increased from 7.74% in FY17
MSDE Integrates AI into National Skilling Ecosystem
Government launched Skill India Digital Hub with SOAR program, achieving 517,477 AI course enrollments and 100,664 certifications as of August 2026.
PMKVY 4.0 trained 544,383 candidates in future-skil
MSDE Details AI and Emerging Tech Skilling Initiatives
MSDE outlines Skill India Mission programs like PMKVY and NAPS to bridge skill gaps in AI, robotics, and automation through 36 industry-led Sector Skill Councils.
NCVET has approved 10,209 industry-al
India Allocates ₹1 Lakh Crore for R&D Innovation Fund
Government outlines six major R&D schemes with total budget exceeding ₹1 lakh crore for AI, quantum, semiconductors, and biotechnology.
Gross R&D expenditure increased to 0.84% of GDP in 2023-24, reac
Women STEM Researchers Reach 29% Participation in 2023-24
Government reports women's participation in STEM research careers increased from 13% in 2000-01 to 29% in 2023-24 through DST statistics.
Multiple studies identified structural barriers including care
NM-ICPS Mission Achieves 1100+ Technologies with ₹3660 Crore
DST's NM-ICPS mission with ₹3660 crore outlay established 25 Technology Innovation Hubs across premier institutions.
Mission developed 1100+ technologies, 1300+ products, and incubated 1130+ startups
India Approves First Private Earth Observation Satellite Constellation
Government establishes PPP framework for private Earth Observation satellite constellations via IN-SPACe to enhance space capabilities and economy.
Financial incentives include ₹1,000cr venture fund,
IN-SPACe Authorizes 52 Entities for Space Activities
IN-SPACe has granted 113 authorizations to 52 Non-Government Entities including 18 startups for space activities.
NSIL has signed 118 Technology Transfer Agreements for 83 ISRO technologies including
Government Strengthens CPGRAMS with Tech Reforms
Government outlines comprehensive reforms to strengthen CPGRAMS, including AI integration and reduced disposal timeline from 30 to 21 days.
CPGRAMS handled over 1.7 million grievances annually with av
Mission Karmayogi iGOT Portal Reaches 1.7 Crore Users
Mission Karmayogi program aims to transition civil services from rule-based to role-based HR systems with global outlook.
iGOT Karmayogi portal has 1.7 crore registered users and 14.42 crore course co
National AI Skilling Initiative Phase I Reaches 60,253 Enrolments
Phase I of National AI Skilling Initiative recorded 60,253 enrolments with 552 participants completing all four modules.
Curriculum developed jointly by IICT and private partners includes four modules
Government CyberShakti Trains 978 Women Officials
Government scales up CyberShakti programme following 2026 Standing Committee recommendation to enhance cybersecurity skills among women officials.
Total 978 women government officials trained since 20
Government Promotes Sustainable Data Centre Growth via Clean Energy
India's data centre capacity surged from 375 MW in 2020 to 1575 MW currently, with projected power demand reaching 17 GW by 2031-32.
Government promotes renewable energy through Green Energy Open Acce
Rajya Sabha Committee Recommends India-US Trade Agreement
Rajya Sabha Commerce Committee presents 200th report evaluating India-US trade relations and recommending bilateral trade agreement.
Report identifies key challenges from US tariff measures affecting
MoES Deploys AI for Weather Forecasting and Warnings
Government details AI/ML integration into weather forecasting systems to improve accuracy and timeliness of extreme weather warnings.
Initiatives include a deep learning model for Delhi-NCR and an AI
HCLTech Report Reveals 18% AI Revenue Impact Gap
HCLTech released a global AI research report revealing only 18% of enterprises achieve significant revenue impact from AI despite 90% adoption.
The study identifies a sharp divide between AI Leaders,
LTM Named Leader in Avasant Oracle Cloud ERP 2026
LTM recognized as Leader in Avasant's Oracle Cloud ERP Services 2026 RadarView assessment.
Evaluation based on practice maturity and future readiness across advisory, implementation, and managed servi