India's AI ambitions get boost from nearly $80 billion Big Tech investments

India's AI ambitions get boost from nearly $80 billion Big Tech investments. (IANS Photo)

New Delhi, (IANS): India’s ambitions to emerge as a global artificial intelligence (AI) powerhouse are receiving a major boost as global technology giants have committed nearly $80 billion towards AI and cloud infrastructure in the country over the next few years, strengthening its position as a key innovation and digital infrastructure hub, a report has said.

The latest push came after Amazon CEO Andy Jassy announced an additional $13 billion investment in AI and cloud infrastructure in India by 2030, taking the company's total planned investment in the country to $48 billion over the next five years, according to an analysis by One World Outlook.

The report further highlighted that the fresh commitment includes more than $21 billion earmarked for expanding AI and cloud infrastructure.

In addition, the investment adds to similar commitments by other global technology companies.

Microsoft has announced $17.5 billion in investments towards AI and cloud infrastructure in India through 2029, while Google has committed $15 billion over five years to establish its first AI hub in Visakhapatnam, it added.

Together, these investments amount to nearly $80 billion, reflecting growing confidence among global technology firms in India's AI ecosystem.

This momentum to a combination of government policy support, a large technology talent pool, expanding digital infrastructure and a rapidly growing domestic market, the report said.

The government's IndiaAI Mission -- launched with a budget of about $1.25 billion -- aims to build a comprehensive AI ecosystem by supporting computing infrastructure, indigenous AI models, datasets, startups, skilling and responsible AI development, it added.

The government has also operationalised a $12 billion Research, Development and Innovation (RDI) Fund to promote private sector investment in emerging technologies such as AI, semiconductors, biotechnology and quantum computing.

Meanwhile, India is witnessing rapid expansion in digital infrastructure.

As per industry estimates, AI funding in India rose 58 per cent year-on-year in 2025, according to the report.It further noted that with over 1.5 million engineering graduates entering the workforce annually and a large digital consumer base, India is increasingly being viewed as a preferred destination for developing and deploying AI applications at scale. India's AI ambitions get boost from nearly $80 billion Big Tech investments | MorungExpress | morungexpress.com

Read More........ → July 17, 2026

Tata Motors targets 1.2 million annual PV sales by FY30, plans Rs 40,000 crore investment

Tata Motors targets 1.2 million annual PV sales by FY30, plans Rs 40,000 crore investment. (IANS File Photo)

New Delhi, July 8 (IANS): Tata Motors on Wednesday unveiled an ambitious five-year roadmap for its passenger vehicle business, targeting annual sales of more than 1.2 million units by FY30, a 20 per cent share of the domestic passenger vehicle market and revenues of Rs 1.4 lakh crore, backed by investments of nearly Rs 40,000 crore in products and manufacturing.

Speaking at the company's 81st annual general meeting held virtually on Wednesday, Tata Motors Chairman Natarajan Chandrasekaran said the automaker aims to achieve a tenfold increase in passenger vehicle volumes over the decade from FY20 to FY30.

"Looking ahead in the next five years, the company has a big ambition. Basically, the decade between FY20 and FY30, the company wants to achieve a 10x growth in volumes with an ambition of 1.2 million plus vehicles and achieve a market share of 20 per cent from the current 14.2 per cent," Chandrasekaran said.

The company plans to strengthen its product portfolio with six new nameplates and more than 20 product refreshes over the next five years, while focusing on improving profitability. It is targeting double-digit EBITDA margins, with electric vehicles expected to contribute more than 30 per cent of its passenger vehicle sales volumes by the end of the decade.

Managing Director and CEO Shailesh Chandra said the passenger vehicle business is aiming to achieve revenues of Rs 1.4 lakh crore by FY31, supported by double-digit EBITDA margins and an EBIT margin of more than 5 per cent.

"By FY31 TMPV aspires to Rs 140,000 crore revenues, double-digit EBITDA margins and over 5 per cent EBIT margin, driving PBT to over five times the current level," Chandra said.He added that the company's growth strategy will be supported by investments of around Rs 40,000 crore in new products and manufacturing capacity, while also targeting free cash flows of Rs 10,000 crore. Tata Motors targets 1.2 million annual PV sales by FY30, plans Rs 40,000 crore investment | MorungExpress | morungexpress.com

Read More........ → July 09, 2026

Orange acquires 100% ownership of MasOrange

Press Release

Posted by Harry Baldock, Orange today announced that it has completed the acquisition of the 50% stake in MasOrange held by Lorca, its joint venture partner in Spain. The Group now owns 100% of the operator’s capital and will fully consolidate MasOrange’s results in its financial statements from going forward.

This transaction follows the signing of a binding agreement with Lorca on 12 December 2025, under which Orange agreed to acquire full ownership of MasOrange for a cash consideration of €4.25 billion. Since then, Orange has obtained all the necessary approvals for the transaction to be completed, including from the European Commission.

A key milestone in the Group’s strategy in Spain

Christel Heydemann, Chief Executive Officer of the Orange group, said: “Acquiring full ownership of MasOrange is a strategic step of our Trust the future plan and strengthens Orange’s position in Spain, our second-largest market in Europe. It paves the way for accelerated industrial, operational and commercial synergies, supporting greater value creation. With full ownership comes full agility, MasOrange can now move at full speed backed by the strength and scale of the Orange group.”

Meinrad Spenger, Chief Executive Officer of MasOrange, added: “By becoming fully part of the Orange group, MasOrange now has an even stronger foundation for future growth. It will allow us to accelerate our momentum in the Spanish market, supported by a greater capacity for investment and innovation as well as global expertise. This is good news for the Spanish consumers, enterprises and public administrations, since we will continue to provide them high-quality and innovative services, while benefiting from the Orange group’s industrial strength and scale to create even more value in Spain.”

As a follow-up to this transaction, Meinrad Spenger will join the Orange group’s Executive Committee. This appointment reflects the strategic importance of Spain for the Group and will further leverage his recognized experience in the telecommunications market and his leadership in advancing MasOrange’s development.

MasOrange is currently the leading operator in the Spanish market by customer base and customer satisfaction. At the end of the first quarter of 2026, it had 26 million mobile customers and 7.1 million fixed broadband customers. MasOrange relies on the most advanced leading fiber and 5G mobile infrastructure, enabling it to provide high-quality connectivity and other innovative services across the country to meet the needs of public administrations, consumer and business customers.After closing, the Group intends to refinance MasOrange financial debt over time. Orange acquires 100% ownership of MasOrange - Total Telecom

Read More........ → June 15, 2026