INDIA SERVICES INDUSTRY
MSME Ministry reviews CPSE procurement from SC/ST enterprises to meet mandated target
A total of 30 public sector undertakings, including Bharat Heavy Electricals Limited, Bharat Electronics Limited, NTPC, Airports Authority of India, BEML, and Coal India Limited, attended the consultations.
Electronics Inc runs ops update to build AI infra
India’s electronics manufacturers are moving into AI data centre infrastructure, targeting optical transceivers, advanced packaging and specialised cooling systems. Dixon Technologies, Samsung, LG, Blue Star and PG Electroplast are exploring production opportunities as global demand rises. The shift could attract investment, improve margins and strengthen India’s position as an export hub.
India drawing up list of export snags in South Asia
India is identifying regulatory and market-access barriers in seven South Asian countries to expand exports and reach its $1-trillion target. Merchandise exports to these markets fell 1.3% to $25.7 billion in FY26. The government is examining certification delays, tariffs and product standards while exploring opportunities in chemicals, pharmaceuticals and textiles.
India well on track to achieve $1 trillion exports target for FY27: Piyush Goyal
Commerce Minister Piyush Goyal said India is on track to achieve its $1 trillion goods and services export target in FY27, having already recorded nearly $480 billion in exports during April-September. He highlighted opportunities from free trade agreements, particularly the proposed India-EU pact, for the automobile and mobility sectors. Goyal urged manufacturers to expand globally, boost competitiveness and leverage international partnerships to drive exports, investment and employment.
It's the ecosystem, stupid! Anand Mahindra celebrates India's rise to the top 3 in the AI race, beating the UK, Japan and South Korea
Anand Mahindra has welcomed India's rise to the top three in Stanford's global AI vibrancy rankings, ahead of countries such as Japan and South Korea. He believes India's software talent, systems integration expertise and huge domestic market could give it a significant advantage in the global AI race. Explaining his optimism, Mahindra said the next big AI opportunity could come from applications, industry-specific expertise and enterprise-wide adoption rather than chips and foundational AI models.
AI innovation in sports: Technology driving the next phase of sports development
Artificial intelligence is creating new opportunities across the sports ecosystem, from performance analysis and sports administration to technology development and wider participation. The ET AI Awards 2027 recognises organisations, technology providers and initiatives advancing the application of AI in sports through its AI Innovation in Sports category.
How intelligent commerce is shaping the next frontier of merchant payments
For a decade, the task in India’s merchant payments was to get every shop and website to accept digital money. The value, leaders argued, at GFF 2026, is now moving to identity, risk, credit and growth, and to preparing the checkout for AI agents that may soon shop on consumers’ behalf.
India’s product landscape is changing: Which products are setting the benchmark across technology, finance, and consumer markets?
The ET Product of the Year Awards 2026 showcase India's rapidly growing product ecosystem by honoring groundbreaking innovations across diverse sectors such as enterprise technology, financial services, and consumer markets. These awards place emphasis on products that have made a significant market impact, gained customer adoption, and demonstrated exceptional innovation, motivating companies to present their tangible successes and contributions to the industry.
When AI starts operating machines, the network becomes industrial infrastructure
As manufacturing and automation expand together, networks built to serve billions of people will increasingly serve tens of billions of machines and AI agents as well. Treating those connections as industrial infrastructure, and planning them for that scale, will determine how well physical AI works once deployments move from individual use cases to whole industrial environments.
BPO jobs on a seesaw as bots call the shots
Voice AI is driving call centres even as hiring grows, but the shift towards complex tasks leaves freshers scrambling for a new career ladder.
Soaring fares fail to ground year-end international travel plans
Despite a 25% increase in international airfares, bookings for year-end overseas holidays among Indians have risen by one-third. Many travelers are opting for more affordable destinations, especially in Southeast Asia and Japan. Airlines are reporting full flights, indicating high demand for international travel from India. Some international carriers are increasing their flight capacities in response to this demand.
Assam plans 6,000-bigha Defence Park in Morigaon to boost defence manufacturing
Assam Government has approved the establishment of a Defence Park on approximately 6,000 bighas of land. This initiative aims to enhance defence manufacturing capabilities in the state and foster industrial growth. Additionally, the Assam Aerospace and Defence Manufacturing Policy, 2025, has been introduced to attract investments in this sector. The initiative is expected to create significant employment opportunities for the youth of Assam.
Piyush Goyal meets Skoda Auto Volkswagen India CEO; talks focus on EV push, exports
Commerce Minister Piyush Goyal met a delegation led by Škoda Auto Volkswagen India CEO Piyush Arora to discuss expanding automobile exports, strengthening domestic manufacturing, accelerating EV production and increasing localisation.
Sarvam names Google Cloud India head Sashikumar Sreedharan as president & chief business officer
Sashikumar will additionally join Sarvam's board of directors. He will lead the company's business across enterprises and government, while expanding its engagement with digital-native companies, developers and partners.
No More Zeroes: Govt plans to extend ZED certification scheme to services sector MSMEs
In a significant move, the Indian government is widening its Zero Defect Zero Effect certification initiative to include service enterprises in the MSME sector. This strategy will target key industries like transport, hospitality, and healthcare with approximately 20 predefined quality metrics. Furthermore, specialized standards for MSME exporters will ensure they meet global quality benchmarks, ultimately empowering these businesses in the international marketplace.
Bayer to invest Rs 200 crore in Karnataka R&D facility, create 220 jobs
Bayer Science and Innovation has signed an MoU to invest Rs 200 crore in Karnataka for an R&D facility. This investment will be made over the next seven years and aims to create 220 jobs. The groundbreaking ceremony is scheduled before the Global Investors Meet planned for April next year. Bayer already has facilities in Bengaluru.
Bayer signs MoU with Karnataka government for ₹200 crore manufactuing facility near Bengaluru
Bayer Science and Innovation signed a Memorandum of Understanding with the Karnataka government to establish a manufacturing facility. The investment is worth ₹200 crore and is expected to create around 220 jobs. The agreement was signed in the presence of Large and Medium Industries Minister M. B. Patil. Bayer intends to break ground before the Global Investor's Meet scheduled for April 2027.
15,000 trains, 100+ special train pairs and a Vande Bharat: Indian Railways has a big Diwali & Chhath Puja gift for Bihar passengers
Indian Railways will operate 15,000 trains to and from Bihar to manage the festive rush during Diwali and Chhath, compared with around 12,000 services under normal operations. More than 100 pairs of special trains have also been arranged on routes connecting Bihar with Delhi, Punjab, Mumbai, Pune and other destinations. The Railways has also discussed new train services and infrastructure projects in the state.
CCI clears Kotak-Deutsche deal, KKR vehicle's Gentari investment
Kotak Mahindra Bank has received approval for the acquisition of Deutsche Bank's retail and wealth management business. The acquisition will take place on a slump sale basis from Deutsche Bank's branches in India. This business includes services such as deposits, loans, investments, insurance, and foreign exchange products. KKR-backed Sapphire US Holdco will also subscribe to securities of Gentari Renewables India, which specializes in renewable energy.
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