Technology

India’s ambitious production-linked incentive (PLI) scheme for mobile manufacturing has delivered outcomes well beyond expectations, signaling a structural transformation in the country’s electronics sector. With investments reaching Rs 17,519 crore—more than double initial targets—and production crossing Rs 8.12 lakh crore, the program has catalyzed large-scale industrial growth. Smartphone exports alone touched Rs 2.62 lakh crore in 2025, positioning the country as a net exporter rather than an importer.

The casino industry is undergoing a profound transformation fueled by technological innovation, creating significant opportunities for investors through initial public offerings (IPOs). Tech-driven platforms, including online casinos, mobile gaming, blockchain-based solutions, and AI-enhanced personalization, are enabling operators to reach wider audiences and optimize operations. Casino IPOs now increasingly reflect digital adoption, scalability, and data-driven revenue models rather than purely physical infrastructure.

A series of recent developments across global markets highlights the evolving intersection of technology, finance, and geopolitics. From India-led artificial intelligence (AI) skilling initiatives in Africa to renewed volatility in cryptocurrency markets and multilateral financial agreements, the global economy is navigating a complex transition. Institutions are investing in digital infrastructure and human capital, while policymakers address macroeconomic uncertainty and capital flows. 

OnePlus India is undergoing a leadership transition following the resignation of CEO Robin Liu, a move that comes amid a sharp decline in the company’s smartphone shipments. Industry data indicates a significant year-on-year contraction in sales, reflecting mounting competitive pressures and shifting consumer preferences in India’s highly dynamic mobile market. 

Wipro Limited has announced a significant expansion of its operations in South Korea, marked by an enlarged office footprint in Seoul and the launch of a new Innovation Lab. The initiative underscores Wipro’s commitment to strengthening its presence in key global markets while accelerating innovation-led growth. The Seoul lab will focus on emerging technologies across automotive, manufacturing, and industrial sectors, supporting advanced applications such as AI-driven operations and smart manufacturing.

Wipro has introduced a next-generation AI-powered data centre solution aimed at enabling enterprises to transition from experimental artificial intelligence initiatives to full-scale deployment. Developed in collaboration with NVIDIA, the platform integrates advanced AI capabilities into core infrastructure, offering businesses a unified ecosystem for data management, analytics, and customer engagement. 

OPPO has introduced its latest flagship foldable, the OPPO Find N6, marking a significant advancement in mobile technology. The device aims to eliminate one of the biggest challenges in foldables—the visible screen crease—through advanced hinge engineering and material innovation. Alongside hardware breakthroughs, the smartphone integrates AI-powered productivity tools, a high-performance chipset, and a premium camera system.

Wipro has announced the launch of a new technology hub at GIFT City, aimed at delivering advanced AI-driven solutions to global Banking, Financial Services, and Insurance (BFSI) clients. The facility, initially designed to accommodate 150 professionals with scalability up to 500 seats, underscores the company’s strategic focus on digital transformation and financial technology innovation.

Global venture capital firm Accel, in partnership with the Google AI Futures Fund, has announced the five startups selected for the 2026 Atoms AI Cohort, a program designed to accelerate the development of next-generation artificial intelligence technologies. Chosen from more than 4,000 applicants, the startups will receive funding of up to Rs.16.6 crore (USD 2 million) along with advanced computing credits worth approximately Rs.2.9 crore (USD 350,000).