The space industry should reach $1 trillion in annual revenue by 2040, with launch costs dropping 95%, Citigroup analysts said in an extensive report published this month. A further decline in the cost of accessing…
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Mobile Phone Production in India May Reach 500 Million in 2 Years: DoT
Mobile Phone Production in India May Reach 500 Million in 2 Years: DoT Mobile phone manufacturing in the country may reach 500 million units in coming two years on the back of good base of…
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Indian IT Spending to Reach $72.3 Billion in 2016: Gartner
India’s IT spending is expected to rise by 7.2 percent in 2016 to reach $72.3 billion (roughly Rs. 4,73,886 crores), said leading market research player Gartner on Tuesday. “India will continue to be the fastest…
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Indian IT Infrastructure Market to Reach $1.93 Billion in 2016: Gartner
The Indian IT infrastructure market will increase marginally to $1.93 billion (roughly Rs. 12,807 crores) this year whereas by 2020, it is likely to grow to $2.13 billion (roughly Rs. 14,137 crores), Gartner said Tuesday.…
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Leap Motion Opens Door to Reach Into Virtual Worlds With ‘Orion’
California virtual reality startup Leap Motion on Wednesday opened a door for makers of games or other applications to literally touch virtual worlds. The San Francisco firm is using its expertise in computer tracking of…