Deccan Region Today
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Business
Andhra Pradesh to lay foundation stone for green ammonia plant on March 18
Andhra Pradesh is set to mark a major milestone in its clean energy journey, with the foundation stone for a massive green ammonia plant scheduled to be laid on March 18 at Mulapeta in Srikakulam district. The announcement was made following the signing of a Memorandum of Understanding between SRM University-AP and JK Srivastava Henfra PSA Limited, an Indo-Polish joint venture, in Vijayawada.
Andhra aquaculture poised for revival after tariff reduction
Aquaculture in Andhra Pradesh is poised for a potential revival following the reduction of the United States reciprocal tariff on shrimp exports, bringing long-awaited relief to lakhs of aqua farmers, who were pushed into deep uncertainty over the past year. About 8 lakh people, mainly farmers, workers and traders, are dependent directly and indirectly on aquaculture in the State.
Business
Vingroup Signs MOU With Tamil Nadu, Strengthening Its Multi-Sector Ecosystem in India
Vingroup announced the signing of a Memorandum of Understanding with the Government of Tamil Nadu to establish a framework for cooperation in studying and developing strategic investment opportunities in the State. The agreement marks the next step in Vingroup's strategy to expand its multi-sector ecosystem in India in general and in Tamil Nadu in particular, reaffirming the Vietnamese enterprise's long-term investment commitment and well-defined approach in the South Asian market.
Bulten Group to Invest Rs 525 Cr in New Plant in Tamil Nadu: Minister T R B Rajaa
Swedish major Bulten Group, global manufacturer and distributor of fasteners to the automotive industry, as well as other industries such as consumer electronics, through its Indian subsidiary PSM Fasteners India, has signed a memorandum of understanding with the Tamil Nadu government to set up a new fasteners manufacturing facility at Oragadam.
Technology
UK's GI Outsourcnig sets up AI first GCC in partnership with Enablr
UK based accountants outsourcing firm GI outsourcing has set up its new AI first Global Capability Cneter (GCC) in Hyderabad in partnership with Covasant's GCC enablement company Enablr. The GCC marks an expansion of GI Outsourcing's India operations and will support its UK and global service delivery.