Deccan Region Today
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Business
Andhra Pradesh govt invites Capgemini to set up IT development centre in Vizag
Andhra Pradesh IT Minister Nara Lokesh invited tech giant Capgemini to set up an IT development centre and a Global Capability Centre in Visakhapatnam. This initiative could generate approximately 20,000 jobs. The minister also encouraged partnerships for emerging technology labs and a quantum vertical. Capgemini will examine these proposals. Visakhapatnam is becoming a significant IT hub with improved connectivity.
Business
TNIFMC invests Rs 20 crore in Semiconductor start-up Aheesa
Tamil Nadu Infrastructure Fund Management Corporation (TNIFMC) has signed a definitive agreement to invest Rs 20 crore n Chennai based fabless semiconductor start-up Aheesa Digital Innovations Pvt Ltd. The investment through the Tamil Nadu Emerging Sector Seed Fund (TNESSF) will support the company's transition from tape out commercialisation of its networking chip.
Technology
Centre gives a nod for Rs 1,250 crore IT park in Puducherry
The Union govt has given its approval to the Puducherry government to establish a dedicated special economic zone (SEZ) for Information Technology (IT) at Rs1,250 crore. The project aims at transforming Puducherry into a top destination for technology companies and global investors. The park will be established on 21.3 acres of govt-owned land at Thattanchavady in the town limits.