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India's GDP has surged by 77% over the past decade, reaching $4.3 trillion and positioning the country to surpass Japan in 2025 and Germany by 2027. This growth is attributed to the leadership of Prime Minister Narendra Modi and his government's economic reforms, making India the fastest-growing major economy.In contrast, China experienced a 74% GDP growth, increasing to $19.5 trillion, but has faced challenges that hindered its earlier projections of overtaking the U.S. as the largest economy.
Elon Musk's social network X has filed a lawsuit against the Indian government, claiming the IT Ministry has unlawfully expanded its censorship powers, allowing for easier content removal. The lawsuit highlights concerns over a government-run website that bypasses legal safeguards, leading to "unrestrained censorship" in India. This legal battle coincides with Musk's plans to launch Starlink and Tesla in the country, amid ongoing tensions between X and Prime Minister Narendra Modi's administration.
Elon Musk's X has filed a lawsuit against India's government, claiming that the IT ministry has unlawfully expanded censorship powers, allowing numerous officials to remove online content without proper safeguards. The lawsuit highlights concerns over a new government website that facilitates content blocking, which X argues undermines legal protections against censorship. A hearing is scheduled for March 27 in Karnataka's High Court.
Elon Musk's Starlink has gained access to India through partnerships with telecom giants Reliance Jio and Airtel, aiming to expand internet services in a market with significant connectivity gaps. However, regulatory hurdles, competition from existing satellite ventures, and pricing challenges remain critical for success. Musk's collaboration with influential Indian billionaires could provide essential support in navigating these obstacles.
Mukesh Ambani’s Reliance Jio has partnered with Elon Musk’s SpaceX to introduce Starlink satellite internet services in India, following a similar deal with Bharti Airtel. The collaboration aims to streamline government approvals for Starlink, which has been awaiting licenses since 2022. Jio will support installation and activation of Starlink devices, marking a strategic shift from previous competition to cooperation between the telecom giants.
Mukesh Ambani’s Reliance Jio has partnered with Elon Musk’s SpaceX to introduce Starlink satellite internet services in India, following a similar deal with Bharti Airtel. This collaboration aims to streamline government approvals for Starlink, which has been awaiting licenses since 2022. Jio will support installation and activation of Starlink devices, marking a strategic shift from previous competition to cooperation in the Indian telecom market.
Prime Minister Narendra Modi announced plans for India to establish a national large language model (LLM) to enhance AI research, backed by a budget of INR 500 Cr. This initiative is part of the broader IndiaAI mission, which aims to develop foundational AI models using Indian datasets and encourages collaboration among startups and researchers.During a recent AI Action Summit, Modi highlighted the biases in existing AI models and called for equitable resource distribution to foster global AI innovation, particularly in the Global South. Tata Sons' chairman N Chandrasekaran emphasized the need for India to develop sovereign AI capabilities to avoid "digital colonization" and ensure that local languages and cultures are accurately represented in AI systems.
Elon Musk's Tesla faces high import duties in India, reaching up to 110%, which has previously hindered its market entry. The Trump administration is advocating for zero tariffs on automobile imports in trade negotiations, while India is considering potential reductions after consulting domestic stakeholders. Both nations aim to resolve tariff disputes and enhance bilateral trade, targeting $500 billion by 2030.
Indian Prime Minister Narendra Modi announced plans to develop a national large language model (LLM) for AI research, emphasizing the need for increased investment in the sector. The government has allocated $57.5 million to support AI-driven education and research initiatives, alongside acquiring 18,693 GPUs for machine learning tools. Startups, researchers, and entrepreneurs are encouraged to collaborate on creating foundational AI models tailored to Indian datasets.
PSIQUANTUM has achieved a significant milestone in manufacturing photonic quantum chips at scale, addressing major hardware challenges in quantum computing. Meanwhile, India and the EU have strengthened their collaboration on AI, digital governance, and semiconductor ecosystems, committing to enhance digital cooperation, promote ethical AI, and ensure supply chain resilience. They also agreed to work on interoperability of Digital Public Infrastructures and bridge the digital skills gap through talent exchange initiatives.
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India's GDP growth positions it to surpass Japan and Germany by 2027
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