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4684: India's plan B amid Foxconn hiccup, Rs 20,000 crore startup IPO rush, Gen AI rewires IT| MC Tech3
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In today’s Tech3 from Moneycontrol, India sees a strategic opening as Foxconn pulls 300 Chinese engineers from Apple factories. Over a dozen startups, including Meesho and PhysicsWallah, are prepping for IPOs worth nearly Rs 20,000 crore. Generative AI is transforming India’s IT sector, reducing reliance on mass hiring. And Sarvam AI begins training the country’s first sovereign large language model, backed by a Rs 1,500 crore government push. All that and more in today’s top startup and tech updates.
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