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Technology
Naidu to Set Foundation Stone for Hero MotoCorp Global Parts Centre Tomorrow
Chief Minister N. Chandrababu Naidu will set the foundation stone for Hero MotoCorp’s Global Parts Centre at Madanapalem in Satyavedu mandal of Tirupati district on July 1. Hero MotoCorp already operates a two-wheeler manufacturing plant near Sri City with an annual production capacity of 1.5 million vehicles. The proposed Global Parts Centre will manufacture components for motorcycles, scooters and electric vehicles for domestic as well as international markets.
Business
Tata Communications announces strategic subsea cable investments between India and Singapore
Tata Communications on Tuesday announced strategic invetsments in subsea cable infrastructure between India and Singapore through acquisition of significant fiber capacity, to strengthen its connectivity solutions between the emerging AI hubs of the two countries. he company is enhancing its Tata Global Network (TGN) capabilities by integrating a new subsea cable system between Mumbai & Singapore and investing as a consortium member in a new subsea cable system, connecting Chennai to Singapore which is expected to be ready for service by Q4 2029.
Technology
Telangana emerging as global aerospace hub: Uttam Kumar Reddy
Telangana is rapidly emerging as a global hub for aerospace and defence manufacturing with Hyderabad poised to become a leading centre for the production of advanced aircrafts, fighter jets, helicopters and defence systems, state Irrigation and Civil Supplies Minister N Uttam Kumar Reddy said on Tuesday. Inaugurating Aeromart Hyderabad - 2026 an international aerospace and defence business convention the Minister said global aerospace companies were increasingly looking at Telangana as a preferred investment destination.