Deccan Region Today
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Business
Minister asks global tour operators to partner in Andhra Pradesh tourism development
Andhra Pradesh Tourism Minister Kandula Durgesh on August 10 invited global tour operators to partner with the state in developing its tourism sector, as the government seeks to position Andhra Pradesh as a diversified tourism destination. The appeal was made during a round-table conference in New Delhi attended by the Indian Association of Tour Operators (IATO) and representatives from the travel and hotel-management sectors.
Technology
Stars Align for Space Economy
The Indian space industry is at a crucial juncture. Skyroot’s orbital mission last month made India the third country in the world to have private launch capabilities. With a host of promising startups beginning commercial operations and eyeing a global space market estimated at $400 billion to $600 billion, Tamil Nadu finds itself at the centre of the action. With growing demand for satellites and space-based data for various applications, the market is expected to hit a trillion dollars in a decade. Isro’s upcoming launch complex at Kulasekarapattinam will play a central role in private launches in India, alongside the agency’s small satellite launch vehicles (SSLVs).
Business
Blue Cloud Softech secures $150 million international AI and data-centre engagement
Hyderabad-based Blue Cloud Softech Solutions Ltd (BCSSL) announced on August 10 that its wholly owned US subsidiary has signed an $150 million (around ₹1,260 crore) Statement of Work with SpaceX International Ltd, Malaysia, for an 18-month period. The agreement covers the development and operation of a sovereign-grade AI compute and data-centre platform, spanning AI infrastructure, cybersecurity, telecommunications and data-centre solutions.
US-based Acumatica opens Global Capability Centre in Hyderabad
US-headquartered cloud ERP solutions provider Acumatica announced the opening of its Global Capability Centre (GCC) in Hyderabad on August 10, marking an expansion of the company’s international operations and product-development capabilities. Located in Nanakramguda, the centre has commenced operations with more than 30 employees, with additional hiring planned in the coming months.