GLOBAL DELIVERY CAPABILITIES INDIA
Global ad networks step up influencer marketing push in India
Major advertising networks are boosting their presence in India's influencer marketing sector. They are investing in data-driven tools to meet advertiser demand for measurable results from creator campaigns. This shift aims to bring structure and clear performance insights to a rapidly growing market. Companies are consolidating to offer integrated creative, technology, and media services.
Office market stabilising; vacancies to decline marginally, rents to rise: Nuvama
Office space vacancy in India is set to decrease slightly. Rental growth will improve as demand and supply trends balance. New office space additions are planned until 2028. Leasing activity has shown a strong recovery. Global Capability Centres are a key driver of demand.
Semiconductor design, AI to drive India’s next innovation wave: Founders Forum CEO
Founders Forum CEO Carolyn Dawson highlights India's potential to become a global tech anchor by building connective tissue with innovation hubs. She emphasizes the need for late-stage capital and a global mindset for Indian startups to scale internationally, with AI and semiconductor design poised to drive future trade.
Iran conflict and global risks slow GCC expansion in India
Global geopolitical tensions are slowing new technology centre openings in India, with a dip in brownfield expansions due to macro uncertainty. Despite this, the overall value of India's GCC ecosystem is rising, driven by new capabilities in AI and product engineering, indicating a dual structure of insourcing and outsourcing.
Axiro will scale fabless chip business in phases: CG Power chairman
Axiro Semiconductor, a CG Power subsidiary, is expanding its fabless chip business, initially targeting connectivity, satellite communication, and industrial applications. Axiro is already shipping millions of chips every month and has built a portfolio of around 200 commercialised chips over the past decade, Axiro’s chief executive, Naveen Yanduru said.
Volatile geopolitics slows GCC in March
Global geopolitical tensions are impacting new technology center openings in India. While the number of new centers slowed, existing ones are expanding. Experts predict continued growth in greenfield centers if uncertainties ease. The GCC ecosystem is steadily rising, driven by new capabilities in AI and product engineering.
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Not Gurgaon, not Hyderabad, not Pune, CA says one city could rival Bengaluru as the India’s IT hub in future: ‘Rent is 30% cheaper…’
India's tech landscape is shifting as Mangalore, dubbed "Silicon Beach," emerges as a strong challenger to Bengaluru. The coastal city is experiencing rapid IT workforce growth and revenue increases, driven by global companies establishing R&D centers. Affordable office spaces, lower attrition rates, and a growing talent pool further bolster its appeal.

Indian Navy missile tracking capabilities get a boost with INS Dhruv amid rising global threats
India's INS Dhruv is a vital naval asset for tracking strategic missiles and collecting crucial telemetry data during test launches over oceanic regions. This specialized vessel, equipped with advanced radar and intelligence systems, also monitors Low Earth Orbit satellites, enhancing India's space surveillance and defense capabilities. Its operation involves a joint crew from the Navy, DRDO, and NTRO.

Zee Entertainment to invest up to Rs 116 crore in VFX studio PhantomFX
Zee Entertainment Enterprises is investing up to Rs 116 crore in Phantom Digital Effects Ltd. to expand into the AVGC segment. This strategic move aims to enhance Zee's content creation capabilities across platforms and genres by leveraging PhantomFX's global expertise and AI-integrated production.

Indian Army eyes tech-driven future at key biannual Army Commanders’ Conference 2026
Indian Army commanders met to review border security and enhance combat strength. They focused on future readiness, designating 2026 as the year for networking and data centricity. The conference also explored drone technology and indigenous defense production. Lessons from Operation Sindoor guided discussions on operational capabilities. Senior government officials attended the deliberations.

India turns the tables on China: The great supply chain flip begins
India's electronics sector is transforming. For years, the country assembled products using imported parts. Now, Indian companies are exporting electronic components, even to China. This marks a significant shift from just assembly to deeper manufacturing involvement. This change is driven by government policies and global manufacturers.

VIDYA strengthens global coffee presence with acquisition in Romania
VIDYA has acquired Nordexim MV International, a Romanian coffee manufacturing facility, to expand its global presence and deliver Indian coffee to international markets. This strategic move enhances VIDYA's integrated private label solutions, strengthens its European footprint, and optimizes supply chain efficiency.

Uber to acquire additional 4.5% stake in Delivery Hero: FT
Uber is set to acquire an additional 4.5% stake in rival Delivery Hero, purchasing approximately 270 million euros ($318.1 million) worth of shares at 20 euros each from Prosus. This move signifies a significant investment by Uber in its competitor, as reported by the Financial Times.

Suzlon Energy: Knowing which way the wind blows, a recharge
Suzlon Energy has shown remarkable resilience, turning its operations around. The company is now a key player in India's wind energy sector. It is expanding into solar, battery storage, and new technologies. Suzlon is also upgrading its manufacturing with AI-enabled factories. This transformation positions Suzlon as a comprehensive renewable energy solutions provider for the future.

Indian companies are moving beyond AI pilots to real world applications: Anthropic’s Irina Ghose
Indian organisations, from large public sector players to SMEs, are engaging more actively with artificial intelligence. They are moving beyond proof-of-concept stages to scaled deployments, said Irina Ghose, managing director, India at Anthropic, on Thursday.

Paras Defence inks deal with US-based firm for aerial refuelling technology
Paras Defence and Space Technologies has partnered with US firm Northstar. This collaboration will bring advanced air-to-air refuelling systems and support services to India's armed forces. The agreement focuses on supplying and supporting Northstar's proven aerial refuelling technologies. This move aims to enhance the operational capabilities of India's defence forces and strengthen the company's aerospace portfolio.

HAL LUH: Check features of indigenous helicopter set to become lifeline for Indian Army at Siachen, world’s highest battlefield
India is introducing its new Light Utility Helicopter. This indigenous aircraft will replace older helicopters in the Himalayas. The LUH is designed for extreme high-altitude missions. It will support troop transport, medical evacuation, and logistics. The Indian Air Force and Army will receive 171 units. Deliveries will begin soon from Karnataka.

Funding for innovations key for India to remain vaccine leader: Cyrus Poonawalla
Speaking to ET after receiving the Lifetime Achievement Award for 2025 as part of the ET Awards for Corporate Excellence, Cyrus Poonawalla, founder and managing director, Serum Institute of India, stressed on the need for greater investments in R&D, accelerated regulatory approvals and making supply chains stronger to help retain India's global leadership position in vaccines.

AMS to expand Pune GCC; plans over 400 professionals by 2026-end
Global talent partner AMS is expanding its Pune Global Capability Centre. The centre will grow to over 400 professionals by the end of 2026. This expansion supports increasing demand from international markets. India is a leading destination for Global Capability Centres. The Pune centre will focus on client services delivery and analytics.

India among world's most advanced AI users but adoption uneven: OpenAI report
India is one of the fastest-growing AI builder ecosystems globally, with four times growth in 'Codex users' (AI coding tool) in just two weeks after the launch of OpenAI's Codex app in Feb 2026, as well as strong rankings in both coding and data analysis usage.

Robots, drones could slash global food delivery costs to $1 per order, Barclays says
Autonomous food delivery robots and drones could cut costs by several dollars to as low as $1 per order, a shift that could unlock billions of dollars in profits for the global food delivery industry, Barclays said on Wednesday.

Former General Catalyst partner Priya Mohan joins JoulesToWatts as COO
Priya Mohan, former General Catalyst partner, has joined JoulesToWatts as chief operating officer. She will lead full lifecycle of J2W’s AI implementation across strategy, execution, and delivery. With over two decades of experience, she aims to bridge gaps in enterprise AI adoption. The company works with GCCs and Fortune 500 firms across sectors.

Moving up the value chain proves costly as tech majors and GCCs slash jobs
Global layoffs are intensifying across large tech firms and global capability centres in India, as companies like Oracle, Cisco, Amazon and Meta trim headcounts amid AI-driven strategies. Having moved from offshore support to core global roles, Indian workers are now more exposed to strategic restructuring and AI-led workforce changes.

VR Global Media launches $250 million capital programme, begins $120 million raise
VR Global Media has launched a $250 million capital programme to build a global entertainment platform, with an initial $120 million fundraise already underway. The investment will be used across film production, distribution, sports franchises and media-tech ventures, aiming to create an integrated and institutionally funded creative ecosystem.

India’s oil security strategy shows structural gaps amid West Asia crisis: Carnegie India
India's oil security framework has come under renewed scrutiny following the escalation of tensions in West Asia in 2026, which disrupted global energy markets and exposed vulnerabilities in the country's import-dependent energy system, according to a report by Carnegie India.

Demand for senior technology leaders in India is bucking a slowdown in broader tech hiring
As per experts, many MNCs are considering shifting global tech positions to India, mostly to their GCCs. Ratna Gupta, senior partner, ABC Consultants, said the uptick in tech leadership hiring is strong, especially over the last two–three quarters in comparison to the first half of FY25 when companies were relatively cautious. There is an about 20% increase in mandates at the director, vice-president and higher levels, she said. “Quite a few country heads for GCCs are also coming in.”

Big boost to IAF: GE Aerospace, HAL seal technical pact on jet engines
India and the US have reached a significant agreement on coproduction of fighter jet engines. GE Aerospace and Hindustan Aeronautics Ltd have concluded technical discussions for F414 engines. This paves the way for a contract later this year. The deal will boost the Indian Air Force's fleet strength. It also includes technology transfer for advanced engines.

Omnicom GCC employee count to touch 8,000 post Interpublic deal
Omnicom Global Solutions India aims to boost its workforce to 8,000 employees this year. The company is integrating operations following a major merger. India is becoming a central hub for AI-driven marketing initiatives. The focus is on creating a unified marketing delivery engine and enhancing martech capabilities for global clients.

Healthcare, pharma sector to create 2-2.5 million new jobs by 2030: Report
The country's healthcare and pharmaceutical sector is moving into a capability-led growth phase, with hiring increasingly focused on specialisation and technology integration across hospitals, AYUSH, home and elder care, pharma, life sciences, diagnostics, telemedicine, clinical research and public health systems, according to a report by Adecco India.
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