Sankalp Phartiyal

India’s technology minister said the nation’s chipmaking capabilities are set to be at par with other major producers by 2032, an aggressive timeline that underscores the government’s urge to bolster domestic manufacturing.

Investors turn picky on valuations; tribe of AI believers growing.

Zepto has secured $450 million in funding ahead of a public listing set to take place next year, underscoring growing investor interest in a fast-growing corner of Indian e-commerce.

Alphabet Inc.’s Google aims to invest about $15 billion building an AI infrastructure hub in southern India over the next five years, making its biggest bet on the fast-growing country.

Tata Consultancy Services Ltd. reported a 1.4% increase in quarterly earnings on sluggish demand for IT services, as it braces for the impact of changes in a widely used US visa program.

Welcome to Tech In Depth, our daily newsletter about the business of tech from Bloomberg’s journalists around the world. Today, Sankalp Phartiyal addresses the impact of US immigration controls on the mood among workers powering the country’s big tech juggernauts.

Donald Trump’s move to curtail H-1B visas threatens to rewrite the rules for one of India’s biggest business success stories, a decades-old model that’s grown into a $280 billion industry and underpins much of the technology behind the world’s largest corporations.

Its manufacturing expansion has been remarkable. Plus: A buzzy new energy drink in Kenya.

Apple Inc.’s annual sales in India hit a record of nearly $9 billion in the last fiscal year, signaling growing consumer demand for its flagship devices as the company ramps up its retail footprint in the world’s most populous country.

OpenAI is seeking to build a massive new data center in India that could mark a major step forward in Asia for its Stargate-branded artificial intelligence infrastructure push.