Daily News - Thursday, 6 February 2025
‘RIL to double West Bengal outlay to ₹1 lakh cr. by 2030' (The Hindu)
At the Bengal Global Business Summit (BGBS) 2025, Reliance Industries Chairman Mukesh Ambani announced plans to double the company’s investment in West Bengal to ₹1 lakh crore by 2030, highlighting its role in job creation and economic growth. RIL is upgrading its Kolkata data centre into an AI-ready facility and building Bengal’s first cable landing station at Digha. The group’s “Swadesh” initiative aims to boost the State’s artisan economy, while its New Energy Initiative, set to launch in 2025, will support Bengal’s green economy under the motto “Solar Bangla for Sonar Bangla.” ITC Chairman Sanjiv Puri reaffirmed the company’s confidence in Bengal’s economic resurgence.
India is second-biggest market for OpenAl, says Sam Altman (The Indian Express)
OpenAI CEO Sam Altman, on his latest visit to India, highlighted the country as OpenAI’s second-largest market, where the user base has tripled in the past year. During discussions with IT Minister Ashwini Vaishnaw, Altman acknowledged India’s potential in AI, emphasizing its capability to develop foundational models, applications, and hardware. Vaishnaw compared India’s cost-effective AI potential to its low-cost space missions, signalling ambitions to create a full AI stack. Altman’s visit comes amid the rise of China’s DeepSeek, a cost-efficient AI model rivalling OpenAI, intensifying global AI competition.
Tata Electronics to Expand North America Ops, Hire for Mfg Biz (The Economic Times)
Tata Electronics is expanding its presence in North America by hiring over two dozen technical and sales professionals across California, focusing on semiconductor and electronics manufacturing. The company is aggressively recruiting OSAT sales directors in key locations like San Jose, Sunnyvale, and Santa Clara to drive business development for its upcoming OSAT facility in Assam, aiming to onboard new clients through structured engagement processes, including NDAs, RFQs, and design awards. Additionally, it is seeking hardware engineers, supply chain managers, and program managers to support semiconductor, EV automotive electronics, and mobile electronics operations, with a strong focus on customer engagement and execution.
GCCs to create 4.5 lakh jobs this year (Financial Chronicle)
India’s Global Capability Centres (GCCs) are set to generate 4.25–4.5 lakh new jobs in 2024 and 10 lakh by 2030, with 35% of companies planning a 50–100% workforce expansion, positioning India as the top destination due to its skilled talent pool and supportive policies. The number of GCCs is projected to surpass 2,100 by 2030, employing 33 lakh professionals and contributing to a $100 billion market, with hiring surging in sectors like financial services (79%), engineering and manufacturing (69%), and HR (68%). Additionally, 61% of GCCs expect over a 50% increase in women hires by 2030, and the FY26 national framework is expected to drive further growth, especially in tier-II and III cities.
India to ban DeepSeek, Al tools in govt offices (Financial Chronicle)
India has joined countries like Taiwan, Australia, and the US in banning AI tools such as DeepSeek R1 and ChatGPT in government offices, starting with the Ministry of Finance, due to concerns over data security and potential leakage of confidential documents. The ban, approved by Finance Secretary Tuhin Kanta Pandey on January 29, applies to all departments within the ministry and is expected to extend to all government offices nationwide. This move aligns with global scrutiny of Chinese AI technologies, as nations like Australia and Italy have imposed similar restrictions, while regulators in South Korea, Ireland, and France are investigating DeepSeek’s data storage practices in China.
