India: The “It” Destination for IT Giants

Published By : Admin | April 3, 2017 | 16:37 IST
World's top tech organizations looking to expand their base and be part of India’s growth story
World’s largest technology companies recognizing the great potential offered by Indian economy with its highly skilled workforce

The world’s largest technology companies are recognizing the great potential offered by Indian economy with its highly skilled workforce, a thriving business climate and a digital push, encompassing the length and breadth of this richly diverse nation under the visionary leadership of Prime Minister Narendra Modi. Here is a glimpse of the CEOs and heads of top tech organizations looking to expand their base and be part of India’s growth story.

Prime Minster Narendra Modi, a strong votary of direct communication with the public, has met with Facebook CEO Mark Zuckerberg twice. The latter has acknowledged India’s growing potential in the technology market with strong user base and skilled workforce.

Mr. Satya Nadella, CEO of Microsoft has expressed his keen interest in the potential participation of Microsoft in India’s technology boom. He is keen to expand Microsoft’s cloud technology in sync with the digital transformation of India under the Government’s Digital India campaign.

Looking to partake in the flagship programs of the Government of India, including Digital India, Skill India, Make in India, Startup India and the Smart Cities Project, CISCO Chairman John Chambers called on Prime Minister Narendra Modi.

Intel India, enthused by Prime Minister Narendra Modi’s Digital India campaign, has undertaken a number of innovative initiatives designed to advance digital literacy and accessibility in the non-urban India. Here is Intel President Renee James meeting the Prime Minister to discuss investments supporting “Internet of Things” innovations within the Indian Startup eco-system.

Rallying behind Prime Minister Narendra Modi’s Make in India and Startup India initiative, Oracle Corporation announced a state of the art campus in Bangalore along with nine incubation centers across the nation. The Global CEO of Oracle, Safra Catz, informed the Prime Minister of company’s plan to help more than half a million students in India develop computer science skills.

During a meeting with the Prime Minister Narendra Modi, Samsung Electronics Co Ltd Vice-Chairman Jay Y. Lee apprised him of the tech giant’s support to the Make in India and Digital India initiatives. Enhancing its production base in the country, Samsung Electronics announced opening up of two manufacturing units in Chennai and Noida as well as a design center in Noida and research labs in Bengaluru, Delhi and Noida.

Apple Inc.’s CEO, Mr. Tim Cook has been looking to tap into India’s rich human resource by venturing into the production space of Apple products in India itself. Apple Chief met Prime Minister Narendra Modi to explore the varied possibilities for the same and launched an updated version of Narendra Modi Mobile App.

IBM CEO Ginni Rometty expressed her fact-based optimism towards India’s GDP growth and brimming startup culture when she called on Prime Minister Narendra Modi. IBM employs a substantial chunk of its workforce from India and plans to expand its operations in the country, owing to the ever expanding scope of web infrastructure under the Digital India initiative.

Enthused by the constructive engagement with the Prime Minister, Google CEO Sundar Pichai committed to provide high speed free internet to 500 railway stations along with other tech opportunities for Indian users.

A slew of initiatives has been introduced by Prime Minister Modi to boost the nation’s investment climate as well as nurture the Startup ecosystem. As a result, India has become the brightest spot in the global economy driving growth, innovation and development, from the grassroots to the world stage.

“Time has come to show India's strength to the world. Let’s recognize our demographic dividend & present image of a Skilled India to the world.”

~Narendra Modi

 

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Cabinet approves Upgradation and Modernisation of Nagpur International Airport through long term license involving Private Partner under Public Private Partnership (PPP)
May 13, 2026

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi today has approved the Extension of Lease Period of the Airports Authority of India (AAI)’s land leased to MIL (MIHAN India Limited) beyond 06.08.2039, so as to enable MIL to license Nagpur Airport to the Concessionaire, viz. GMR Nagpur International Airport Limited (GNIAL) for 30 years since Commercial Operation Date (COD).

This marks a major milestone in Nagpur airport’s journey to becoming a regional aviation hub under the Multi-modal International Cargo Hub and Airport at Nagpur (MIHAN) project.

In 2009, a Joint Venture Company (JVC)- MIL was formed by AAI and Maharashtra Airport Development Company Ltd. (MADC) with equity structure of 49:51 respectively. Though Airport assets of AAI were transferred to MIL in 2009 for airport operation, the lease deed got delayed due to land demarcation issues. Subsequently, AAI land has been leased to MIL up to 06.08.2039.

In 2016, MIL floated a global tender for identifying a Partner to operate the airport under the Public-Private Partnership (PPP) model. GMR Airports Ltd. (GAL) emerged as the highest bidder, with quoted revenue share of 5.76%. This was later revised to 14.49% of Gross Revenue. Subsequently, MIL annulled the bidding process in March, 2020. This annulment was successfully challenged by GAL before Hon'ble Bombay High Court. Thereafter, Hon’ble Supreme Court of India also ruled in favor of GAL. Pursuant to Supreme Court Judgement dated 27th September, 2024, MIL signed Concession Agreement with 2nd JVC, i.e. GMR Nagpur International Airport Ltd. (GNIAL) on 8th October, 2024.

A New Era for Nagpur Airport :

With extension of Lease Period of the AAI land leased to MIL beyond 06.08.2039, it would now become co-terminus with the 30 years Concession Period of GNIAL, paving the way for handing over of airport to 2nd JVC-GNIAL. This is expected to usher in a new era of growth and infrastructure advancement for Nagpur Airport. With private sector efficiency and government oversight, the Airport is poised to see significant investment, modernization, and improved passenger and cargo services — Government of India's vision for robust infrastructure development in the aviation sector.

GNIAL will take up the transformation of Nagpur's Dr. Babasaheb Ambedkar International Airport into a world-class facility with phased development envisaged to reach the ultimate capacity of handling 30 million passengers annually, positioning it as a key Airport in Central India. This transformation is set to not only enhance connectivity within the Vidarbha region, but also strengthen its economic infrastructure. Cargo handling capabilities would also be significantly boosted.