Skip to main content

Featured Post

AMD to invest $400 million in India by 2028: Here’s what we know

US chipmaker Advanced Micro Devices said on Friday it will invest around $400 million in India over the next five years and will build its largest design center in the tech hub of Bengaluru. AMD’s announcement was made by its Chief Technology Officer Mark Papermaster at an annual semiconductor conference that started Friday in Prime Minister Narendra Modi’s home state of Gujarat. Other speakers at the flagship event include Foxconn Chairman Young Liu and Micron CEO Sanjay Mehrotra. Despite being a late entrant, the Modi government has been courting investments into India’s nascent chip sector to establish its credentials as a chipmaking hub. AMD said it will open its new design centre campus in Bengaluru by end of this year and create 3,000 new engineering roles within five years. “Our India teams will continue to play a pivotal role in delivering the high-performance and adaptive solutions that support AMD customers worldwide,” Papermaster said. The new 500,000-square-foot (55,5...
1 comment
Read more
Labels

Flipkart: E-Commerce booms in pandemic-struck India, including Tier 2, 3 cities

The Coronavirus pandemic has affected all of us. Work, entertainment, fitness, and pretty much everything has changed across most of the globe. However, the pandemic has also affected entire industries, and not all of them equally. As getting out and buying everything from your daily groceries to your next outfit has become riskier, eCommerce is booming through the pandemic.

eCommerce players in India like Flipkart and Amazon are also making the most of the situation. “Over the past 25 years of internet and digitization of India, metros, and cities have always been the sole beneficiaries of growing connectivity and infrastructure. The proof of progress, though, is in inclusive growth,” said a Flipkart spokesperson.  “If a consumer from Mumbai or Pune can conveniently shop online, so must customers in Patna or Kohima enjoy an empowering experience,” Flipkart adds.

Watch: BGR Talks: Nikhil Rungta, Verizon Media India Country Manager

For the first time, people from Tier 2 and Tier 3 are taking a positive approach towards online shopping and similar digital alternatives. When India went into a proactive nationwide lockdown to fight the pandemic, our lives changed. As people focused on social distancing, e-commerce became the preferred mode of shopping because of robust supply support chain SOPs and that has been reflected in the way consumers across the country, not just the metros shopped. In the recently concluded sale event, we saw tier 2 and 3 cities feature among the top-selling cities, reported Flipkart.

“Reflecting the trend of investing in devices for both education and work, we saw healthy growth in mobiles and premium smartphone segments. Proportionately there was an increase in Flipkart warranty and Complete Mobile Protection segment of value-added services,” the brand added.

Internet turns 25 in India: Here's how the next 25 years may look like

Also Read

Internet turns 25 in India: Here’s how the next 25 years may look like

Back when demonetization took place in the country years ago, digital payments became quite popular. Today when everyone has easy access to cash again, digital payments have retained their usability and popularity. What remains to be seen is if eCommerce websites can maintain the momentum they have gained with Tier 2 and Tier 3 regions.



from BGR India https://ift.tt/3h2Mjgc
via IFTTT
Email Post
Labels:

Comments

Post a Comment

add