Amazon yesterday said that cumulative exports by Indian exporters on the Amazon Global Selling programme are on track to surpass the $5 billion milestone. The company has doubled its exports pledge to facilitate $20 billion in cumulative exports from India by 2025. Intel acquires GPU tech company Siru Innovation. More global competition for Netflix in India.
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Amazon yesterday said that cumulative exports by Indian exporters on the Amazon Global Selling programme are on track to surpass the $5 billion milestone. The programme took about three years to get to the first billion dollars, and the last two billion dollars have come in just 17 months, the e-commerce giant, which has not had a smooth going with Indian rules when it comes to local sales, said in a press release.
Amazon has doubled its exports pledge to facilitate $20 billion in cumulative exports from India by 2025.
Intel has acquired Siru Innovations, a graphics technology firm founded by ex-Qualcomm mobile GPU engineers, The Register reports.
Siru Innovations is a Finnish firm focused on developing software and silicon building blocks, known as IP, for GPUs made by other companies. The Siru team will join Intel's fledgling Accelerated Computing Systems and Graphics Group, according to The Register.
Paramount Global, formerly ViacomCBS, has announced that the streaming service will become available in India in 2023, as CEO Bob Bakish pushes towards 100 million subscribers, TechCrunch reports. That means more competition for Netflix in India.
This June, Paramount, which has about 62 million subscribers overall, will launch in the UK and South Korea. In India, Paramount+ will launch in partnership with Viacom 18. The service has already launched in 25 markets across Latin America, Canada, the Nordics and Australia, according to TechCrunch.
Infosys and manufacturers’ Alliance, an industry lobby in the US, have released the findings of a survey on efforts towards carbon neutrality in the sector, the Indian IT services giant said in a press release yesterday.
According to their findings
The vast majority of manufacturers surveyed are already tracking their direct (Scope 1) and indirect (Scope 2) emissions.
Tracking the enormous category of Scope 3 emissions — those upstream and downstream of the factory gates — is the most difficult area to master, and most have not started. Notable exceptions include the Automotive and Aerospace industries, which are focusing on Scope 1, 2 and 3 emissions, roughly double the rate of the rest of the survey sample.
The top three challenges cited as impediments to action included the inability to measure all related factors, the lack of resources to tackle goals and unclear ownership and roles inside the company.
Over the next three to five years, the most frequently mentioned projects include improving energy efficiencies (e.g. renewables, lighting), reducing the overall environmental footprint (e.g. energy, packaging, water use) and making operational updates (e.g. vehicles, shipping, suppliers, scrap).
Digital technologies hold the key to tracking and reducing carbon emissions due to their inherent ability to increase transparency and accelerate decision making.
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