Technology

India builds strong foundations in pharma, shifts towards innovation-led development: Experts

New Delhi, April 14 (IANS) While India has built strong foundations in pharmaceuticals, the next phase of growth will require bold investments, deeper ecosystem collaboration, and a shift towards innovation-led development to position the country as a global leader in advanced therapeutics, experts said on Tuesday.

The two-day ‘India Pharma 2026’, organised by the Department of Pharmaceuticals, in association with FICCI and IPA, New Delhi, successfully concluded here. The event witnessed participation from over 800 delegates across both days, with more than 60 speakers engaging in 10 sessions including six plenary sessions, supported by over 20 partner organisations.

Satyaprakash TL, Joint Secretary, Department of Pharmaceuticals, noted that discussions across sessions converged around three critical enablers for the next phase of growth -- funding, infrastructure and speed.

While stakeholders expressed varied views on prioritisation, there was a shared understanding that coordinated action across government, industry and academia is essential. Emphasising the urgency of collaboration, he stated that India must proactively position itself in the evolving global pharmaceutical landscape to remain competitive, according to an official statement from Ministry of Chemicals and Fertilisers.

Speakers highlighted at one of the sessions that sustained growth in the sector depends not only on scientific advancements but also on the availability of diverse and accessible financing mechanisms.

Dr. Shivkumar Kalyanaraman, Chief Executive Officer, Anusandhan National Research Foundation (ANRF), outlined the evolving research funding architecture, noting that it combines grant-based support for academia and not-for-profit institutions with capital-based instruments for the private sector.

The discussion explored funding avenues such as venture capital, private equity, blended finance, and public-private partnerships, which are opening new growth pathways for pharmaceutical enterprises.

The sixth plenary session, moderated by Sudarshan Jain, Secretary General, Indian Pharmaceutical Alliance, focused on charting India’s next phase of pharmaceutical growth by moving beyond incremental progress toward bold, innovation-driven transformation.

Winselow Tucker, Co-Chair of the FICCI Pharma Committee and President and General Manager, Eli Lilly India, highlighted that successful transformation in the pharmaceutical sector requires a clear strategic intent supported by a phased roadmap with well-defined milestones.

--IANS

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Nashik incident ‘gravely concerning’, strict action to follow: N Chandrasekaran

New Delhi, April 13 (IANS) Calling the allegations emerging from the Nashik branch of Tata Consultancy Services ‘gravely concerning and anguishing,’ Natarajan Chandrasekaran on Monday said the matter is being treated with utmost seriousness and a thorough investigation is underway.

In a statement, Chandrasekaran said action has already been initiated against the accused employees and the company is extending full cooperation to the ongoing probe.

He reiterated that the Tata Group follows a strict zero-tolerance policy towards any form of coercion or misconduct by its employees.

“The complaints and allegations emerging from the Nashik branch of Tata Consultancy Services have been gravely concerning and anguishing,” he said.

“This incident is being treated with the utmost seriousness. Action has already been initiated against the accused employees, and the company is extending its full cooperation to the ongoing investigations,” he added.

Chandrasekaran said a comprehensive probe is underway to establish the facts and identify all individuals responsible.

He added that Aarthi Subramanian, Chief Operating Officer at TCS, will lead the investigation.

“The Tata Group maintains a zero-tolerance policy towards any form of coercion or misconduct by its employees,” Chandrasekaran stated.

“A thorough investigation is underway to establish the facts and identify all individuals responsible for this situation,” he added.

Aarthi Subramanian, Chief Operating Officer at TCS, will lead this investigation, Chandrasekaran noted.

He assured that appropriate and stringent action will be taken against those found guilty and that any necessary process improvements or corrective measures will be implemented promptly and enforced strictly.

The development comes a day after TCS confirmed that it had suspended employees under investigation in connection with the Nashik case and is cooperating with law enforcement agencies.

The company has been under scrutiny following multiple FIRs registered over alleged incidents of sexual harassment and religious conversion at its Nashik unit.

According to reports, the controversy began in March after a woman accused a colleague of maintaining a physical relationship with her on the false promise of marriage.

During the investigation, authorities uncovered additional complaints, leading to several more FIRs linked to similar allegations.

Meanwhile, the police have arrested at least six employees in connection with the case, based on intelligence inputs received by the Nashik Police Commissioner’s office.

A Special Investigation Team (SIT) has also been constituted to conduct a detailed probe, while a human resources official based in Pune is being questioned.

--IANS

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Jaipur students launch AI platform for defence families​

Jaipur, April 10 (IANS) In a significant step towards strengthening welfare outreach for defence families, two students of Class 12 in Jaipur launched an AI‑enabled platform to simplify access to welfare schemes for ex‑servicemen, widows, and families of martyrs in the presence of state minister Col. Rajyavardhan Rathore.​

Developed by Kanishk Rungta and Krishaa Rungta, the platform is designed to assist ex‑servicemen, widows, dependents, and families of martyrs in identifying relevant government schemes and accessing application links through a simple, user‑friendly interface.​

Based on user inputs, the app directs beneficiaries to schemes and benefits they may be eligible for. ​

Within a short span of its launch, the platform has received an encouraging response, with over 2,000 families already accessing and benefiting from its services.​

Appreciating the initiative, Col. Rajyavardhan Rathore said the platform addresses a genuine need and highlights the role of technology in public service. ​

He described VeerSahara, the digital platform developed by students, as an innovative and practical solution for the military welfare ecosystem, with the potential to have a broader societal impact.​

“This is a highly commendable initiative by young students who have applied technology with sensitivity and purpose. VeerSahara is uniquely designed, very user‑friendly, and responds to a real need of the hour. It can play an important role in helping defence families access information and benefits with greater ease, dignity, and transparency,” he said. ​

The Minister further noted that such a model could be adapted for broader governance use.​

Referring to its intuitive interface and guided access, he suggested that a similar approach be explored for the Industries and Commerce Department of the Rajasthan Government to help citizens, entrepreneurs, and businesses easily navigate government schemes and policies.​

Sharing their motivation, Kanishk Rungta said the idea stemmed from the challenges beneficiaries face in navigating complex systems. ​

“VeerSahara is our effort to simplify access to welfare support and make it more understandable,” he said.​

Krishaa Rungta added, “This platform is not just about technology; it is about making access more respectful and accessible for families who have contributed so much to the nation.”​

By reducing complexity, improving awareness, and minimising dependence on intermediaries, VeerSahara aims to make welfare access seamless for defence families, showcasing the power of youth‑led innovation for social good.​

--IANS

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NSFDC disburses Rs 775.26 crore in FY26, logs 27 pc growth

New Delhi, April 10 (IANS) The National Scheduled Castes Finance and Development Corporation (NSFDC) disbursed Rs 775.26 crore in FY26, marking a growth of 27 per cent over the previous financial year (FY25), an official statement said on Friday.

The PSU under the Ministry of Social Justice and Empowerment achieved the landmark performance during the financial year 2025–26, recording its highest-ever disbursement since inception.

The Corporation also significantly expanded its outreach, covering 59,002 beneficiaries, a 41.32 per cent increase over FY 2024–25.

Of these, 39,804 were women beneficiaries, reflecting a growth of 48 per cent and reaffirming NSFDC’s focus on inclusive and gender-responsive development.

Under the VISVAS Yojana (Interest Subvention Scheme), NSFDC disbursed Rs 26.09 crore, benefiting 98,748 individuals, registering a remarkable growth of over 334 per cent compared to the previous fiscal.

Similarly, under the SEED Scheme, Rs 11.18 crore was disbursed to 1,450 Self Help Groups across four states, reflecting a 76 per cent increase in disbursement.

Under the National Fellowship Scheme for Scheduled Castes (NFSC), Rs 215.39 crore was disbursed, supporting 4,219 scholars in pursuing higher education.

Moreover, NSFDC continues to play a pivotal role in promoting the economic empowerment of Scheduled Castes by providing concessional loans for self-employment and education, as well as supporting skill development and entrepreneurship.

With an authorised share capital of Rs 1,800 crore and paid-up capital of Rs 1,515 crore, the Corporation has achieved cumulative disbursement of Rs 9,567.14 crore, benefiting over 16.96 lakh Scheduled Caste individuals (as on March 31, 2026).

NSFDC undertook several key initiatives in FY26 to enhance efficiency and outreach.

A new website compliant with GIGW 3.0 guidelines and Digital Brand Identity Manual norms has been developed and is ready for launch.

The Corporation has also developed a Loan Accounting and Management System (LAMS), integrated with the PM-SURAJ Portal, to enable end-to-end digitisation and improved transparency in loan management.

--IANS

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AI to boost general trade sales revenues by 15-20 pc: Report

New Delhi, April 10 (IANS) Artificial Intelligence (AI) could help companies globally increase revenue from general trade sales channels by 15 to 20 per cent, a new report has said.

The report from Boston Consulting Group (BCG) said AI-powered firms use cases in sales planning, execution, and operations including AI-powered sales companion and 24/7 digital sales agent to boost sales.

AI can integrate structured data such as billing records and loyalty data with unstructured inputs including store images, handwritten notes and sales conversations, the report said.

Analysis of these inputs can help organisations generate insights and recommendations to support sales planning, store-level execution and operational decision-making.

AI analyses location data, footfall patterns, and store profiles to identify high-potential micro-markets, prioritise the right outlets, and tailor product mix and trade decisions for each individual store, the report said.

A smartphone-based AI-powered sales assistant can help sales staff plan their daily routes. It will pull up summaries of past retailer conversations, and recommend what to pitch at each store.

An AI-led 24/7 digital sales agent can engage retailers around the clock — capturing orders through voice calls in local languages, resolving queries, and sending payment reminders, which helps salespeople to focus on higher-value interactions, the firm said.

It urged automated back-end operations, with AI taking over billing, scheme settlement, financial reconciliation, and query resolution. This move frees up capacity across the organisation for more strategic work.

“AI allows companies to leapfrog stages of go-to-market maturity altogether. A business still relying on manual route plans and one-size-fits-all pitches can move directly to an AI-enabled model. For companies looking to transform their sales operations, the window to act is now,” said Parul Bajaj, India Leader – Marketing, Sales and Pricing Practice, BCG.

AI adoption can improve retail coverage, strengthen store-level conversion through more targeted sales conversations and help in higher-value product sales through personalised recommendations.

Organisations at earlier stages of go-to-market maturity can also move directly to AI-enabled operating models by replacing manual processes and basic digital tools with AI-powered recommendations and decision support.

—IANS

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India launches first Quantum computer testing facility in Amaravati​

Amaravati, April 9 (IANS) Marking World Quantum Day on April 14, Andhra Pradesh Chief Minister N. Chandrababu Naidu will formally launch India’s first indigenous Quantum computer testing facility at SRM University, Amaravati.​

He will also virtually inaugurate the Quantum facility centre at Medha Towers in Gannavaram near Vijayawada.​

The state government announced that Andhra Pradesh will be the first state to commission such a facility, with Amaravati Quantum Valley set to emerge as an international hub for Quantum computing.​

As per the schedule, the Chief Minister will witness a live quantum system initiation, with the processor cooling process triggered virtually on the Amaravati 1Q system, as the system is housed at Medha Towers. At the same time, the Amaravati 1S system will function as an open-access setup, fully visible to attendees during the demonstration.​

With the establishment of the Amaravati Quantum Reference Facility (AQRF), India now has sovereign quantum infrastructure. Amaravati becomes the anchor node of a national quantum hardware network, positioning India to design, test, certify, and manufacture quantum systems for global use, a top official said.​

Technologies developed through AQRF include cryogenics, precision electronics, and quantum-grade fabrication, with strategic spillovers into defence, healthcare, and semiconductor manufacturing.​

Under the National Quantum Mission, Amaravati Quantum Valley will host an IBM 133-qubit Quantum computer and has engaged over 80 industry and academic partnerships, positioning it among the top five global quantum hubs.​

The launch of AQRF on World Quantum Day adds an indigenous hardware dimension to Amaravati Quantum Valley’s portfolio, complementing its existing quantum cloud, skilling, and innovation infrastructure.​

Giving details of the programme, PS Pradyumna, Secretary to the Chief Minister, stated that it is a dream come true for the people of Andhra Pradesh, with the initiative of Chief Minister Chandrababu Naidu making the country’s first indigenous Quantum Computing testing facility a reality on April 14.​

He said the Chief Minister insisted on bringing indigenous hardware component manufacturing ecosystems to Amaravati to promote Quantum technology. SRM University contributed to this direction and made it accessible to students.​

The secretary noted that people have enjoyed the benefits of computer technology for more than three decades, and now it is time to switch to Artificial Intelligence and Quantum technology. ​

He added that the Chief Minister stressed the need to update youngsters' skills to meet the requirements of emerging quantum technology. ​

Following his call, lakhs of students enrolled in skill training programmes. At the Indian Institute of Technology, Chennai alone, 2.5 lakh students enrolled for training.​

--IANS

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Tech-savvy, young legislators key to achieving Viksit Bharat@2047: Om Birla

Panaji, April 9 (IANS) Lok Sabha Speaker Om Birla on Thursday highlighted the pivotal role of tech-savvy, young legislators in realising the vision of Viksit Bharat by 2047, emphasising the importance of research, innovation, and technology.

Inaugurating the first conference of the Commonwealth Parliamentary Association (CPA) India Region Zone VII in Goa, Birla said that people’s representatives must be adept at addressing citizens’ issues by harnessing the transformative power of science and technology.

He urged legislators to engage closely with the public, resolving their concerns with empathy and goodwill.

He stressed the importance of understanding legislative issues, rules, and procedures, noting that those who actively participate in thoughtful discussions on policies and laws often emerge as prominent leaders in their states.

Birla stressed that the more legislators familiarise themselves with legislative processes, the more effective their participation in the House will be.

In a post on X, the Speaker said, “I believe that the more young members know about legislative rules and procedures, the greater will be the increase in the meaningfulness, participation, and rational dialogue of legislative institutions.”

“By engaging in the best discussions on policies and laws, young legislators can create better policies in their respective states. This is the era of Artificial Intelligence and Technology, but human sensitivity must be given priority in policy-making. In this direction, there is great expectation from young legislators by the public,” he said.

Birla highlighted their pivotal role in realizing the vision of Viksit Bharat by 2047.

He emphasised that, as emerging leaders, they are entrusted with driving innovative policies, promoting inclusive development, and strengthening democratic institutions.

Their energy, vision, and commitment to public welfare, he added, can play a transformative role in building a prosperous, self-reliant, and equitable India, ensuring sustainable growth and social progress for generations to come.

Sharing insights on the evolving role of legislative institutions in nation-building, Birla emphasised the importance of healthy competition among state legislatures in promoting public welfare and good governance.

He noted that parliamentary democracy is globally recognized as the best system of governance and highlighted that the steady increase in voter turnout in every election since 1952 reflects India’s enduring success as a vibrant democracy.

Rajya Sabha Deputy Chairman Harivansh, Goa Chief Minister Pramod Sawant, Maharashtra Legislative Council Chairperson Ram Shinde, Maharashtra Legislative Assembly Speaker Rahul Narvekar, and Goa Speaker Ganesh Gaonkar also spoke on the occasion.

--IANS

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Private sector’s role crucial for long-term innovation: Dr Jitendra Singh

New Delhi, April 9 (IANS) Minister of State for Science and Technology, Dr Jitendra Singh, on Thursday called upon the private sector to step up participation in research and development (R&D), stressing that stronger industry engagement is key to building a robust innovation ecosystem in India.

The minister said the government has taken several enabling measures, including opening up sectors such as space and nuclear energy to private players and introducing mechanisms like the Research, Development and Innovation (RDI) fund, but noted that industry must now respond with greater investment and collaboration.

Speaking at the release of two reports by NITI Aayog on easing R&D processes, Dr Singh said that reforms should focus not just on system design but on the actual experience of researchers.

Highlighting India’s growing scientific capabilities, he said the country has abundant talent that is increasingly recognised globally, but institutional and procedural bottlenecks continue to affect outcomes.

At the same time, the minister flagged limited private sector participation in research funding and execution, saying government support alone cannot sustain long-term innovation.

He cited initiatives such as ‘One Nation, One Subscription’ for research journals as steps to improve access to knowledge, and stressed that streamlining routine processes like approvals, funding flows and administrative clearances can significantly enhance research productivity.

Suman Bery, Vice Chairman, NITI Aayog, said the initiative to ease R&D processes is based on long-standing demands from the scientific community to reduce administrative burden and improve efficiency.

The Principal Scientific Adviser Professor A.K. Sood said improving ease of doing R&D must remain an ongoing effort, pointing to issues such as low funding success rates, constraints in hiring and infrastructure, and the need for better coordination in implementation.

The reports by NITI Aayog, based on consultations with researchers, underline the need for greater flexibility, transparency and predictability in research systems to ensure continuity and confidence in scientific work.

--IANS

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More than accessories: How Gen Z is wearing their identity

New Delhi, April 9 (IANS) Today’s Gen-Z have embraced adolescence through their style and it's deeply personal. They carry accessories around as a form of self-expression and identity.

For this cohort, what they carry becomes an extension of who they are, often sparking conversations and helping them connect with like-minded people. What Gen-Z wear is a reflection of how they feel, live and see themselves.

Trends such as Labubus, adorable little keepsakes such as cherry stems to bows, hearts etc. are now increasingly being used as bag charms. Often described as ‘emotional support charms’, they are all the rage right now.

While these accessories complete a look, tech accessories such as colourful phone cases, smart rings and funky wireless earphones are now a part of the morning routine for youngsters to kick start their day. For them, these accessories are extensions of their personalities just like clothes, hairstyles and jewellery. It’s no surprise then that the search for the best compact TWS is no longer just about sound, but also about design, portability, and how seamlessly it fits into everyday style.

Style for this generation is a culmination of a lot of elements. They use tech accessories to match their outfits, bling out their phone cases and trying to stand out as much as possible.

Gen Z is all about these unique, creative pieces that indicate that a tiny spark is all it takes. Tech accessories now play such an integral role in their appearance and can significantly impact opinions in their peer groups. Having a trendy earphone shows your style, that you are creative as well as confident.

Keeping in line with this growing trend, realme’s upcoming a unique and compact TWS in a budget can add that little extra that Gen Z is keen on for their overall look. This generation has blurred the boundaries between tech and fashion, tech is often a staple of their style nowadays. Many youngsters are now opting for lightweight earbuds that weigh only 4.5g per earbud for daily use that seamlessly fit into their routines without adding bulk.

Thus, unique pieces like the candy-box shaped realme Buds T500 Pro become the perfect addition to a Gen Z outfit, blending aesthetics with a touch of playfulness.

Designed to stand out, it has the potential to become a true conversation starter for this cohort, while also delivering on what users increasingly seek: the best compact TWS earbuds for daily use that look good, feel light, and fit effortlessly into their lifestyle.

The next time you spot someone at a cafe or on campus, take a closer look, the boldest part of their outfit might just be the tech they’re carrying.

--IANS

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India’s e-commerce market likely to grow over 150 pc by 2030: Report

New Delhi, April 8 (IANS) The domestic e-commerce market is expected to grow by more than 150 per cent within four years, driven by the addition of 150 million new digital shoppers and a doubling of per capita spending, according to a new report.

According to the joint report by Google and Deloitte, the online business market is undergoing a major transformation and projected to grow to $250 billion by 2030 from about $90 billion at present -- a 177 per cent jump.

The report also highlighted that a 220-million-strong Gen Z cohort is expected to account for 45 per cent of online spending, accelerating the shift towards AI-powered shopping experiences.

It pointed out '4I' key growth drivers -- Inspired, Intelligent, Instant and Immersive -- which are projected to contribute around $100 billion to the overall growth of the sector by 2030.

Roma Datta Chobey, Managing Director, Connected Consumer Commerce at Google India, said that Indian commerce is at a pivotal moment driven by evolving consumer expectations around storytelling, AI-led personalisation and instant fulfilment.

“At Google, we are committed to empowering this ecosystem through intelligence and trust, streamlining the journey from discovery to purchase,” she said.

Anand Ramanathan, Partner and Consumer Industry Leader, South Asia at Deloitte, said the sector is moving from mass marketing to an era of ‘algorithmic intimacy’, where demand is predicted and shaped in real time.

He added that Gen Z consumers are driving the rise of ‘generative commerce’, where AI curates or creates solutions based on consumer needs.

The report further stated that creators are likely to influence 30 per cent of total retail spending by 2030, with one in ten online purchases expected to be linked to creator storefronts, particularly in Tier 2 and smaller markets.

Moreover, live commerce is projected to grow into an $8 billion segment, while quick commerce is expected to expand into a $50 billion market with a user base of around 70 million.

Meanwhile, artificial intelligence (AI) could drive up to 35 per cent increase in retail profitability by enabling hyper-personalisation and improving operational efficiency, according to the report.

--IANS

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