Deccan Region Today

Nara Lokesh pitches Andhra Pradesh to Blackstone, Brookfield at WEF 2026

Andhra Pradesh Minister Nara Lokesh met with top executives from Blackstone and Brookfield Asset Management at the World Economic Forum 2026. He presented significant investment prospects in areas like commercial real estate, renewable energy, and data centres. These engagements signal Andhra Pradesh's growing appeal to global investors seeking substantial and sustainable returns.

World Economic Forum to launch 5 new centres for Fourth Industrial Revolution, one in India

The World Economic Forum has decided to establish five new Centres for the Fourth Industrial Revolution, including one in India's Andhra Pradesh. The Fourth Industrial Revolution Network is a platform for multi-stakeholder collaboration, bringing together public and private sectors to help ensure emerging technologies deliver benefits for society while minimising risks. It was launched by the WEF in 2017.

Minister Lokesh’s Davos push yields USD 10 billion

Minister for HRD and IT Nara Lokesh participated in 45 meetings during his four-day visit to Davos and explained to the investors about the favourable conditions in AP. He had 25 one-on-one discussions with industrialists, two government-to-government meetings, four Congress Session, eight roundtable meetings and five international media interactions. The efforts of Lokesh resulted in the RMZ firm coming forward to invest US $10 billion dollars in Andhra Pradesh.

Shrinking sales: US’ biggest shrimp supplier India, rocked by tariffs, seeks new markets

Shrimp ponds extend as far as the eye can see in Bhimavaram, India’s shrimp export hub in the southern Indian state of Andhra Pradesh, but there are uneasy ripples under the surface. Since US tariffs made shrimp 50 per cent more expensive, shrimp farmers and exporters have been anxious about the future. India is the world’s second largest producer of shrimp after Ecuador, rearing around 1.1 million tonnes of shrimp a year, the majority of it for export. Andhra Pradesh, with its long coastlines and irrigated farms, dominates shrimp production in India, 60 per cent of which is exported to the US.

Nokia keen on setting up Global Capability Centre in Karnataka: Minister MB Patil
Industries Minister M B Patil said Nokia Corporation has expressed interest in establishing a Global Capability Centre (GCC) and research centres in Karnataka. During meetings with senior Nokia officials at the ongoing World Economic Forum summit in Davos, Patil said the Karnataka government assured full to the company for its future expansion plans.

Karnataka gets investment commitments for over Rs 13,000 crore at Davos Minister M B Patil

The WEF meet held in Davos has became a "major springboard" for Karnataka to achieve significant gains in investments, expansion and partnerships across sectors, with investment commitments amounting to Rs 13,070 crore, the state's Industries Minister M B Patil said on Saturday. The sectors that attracted investment commitments include aerospace, food processing, data centres, digital infrastructure, clean energy and advanced manufacturing, he said.

Kerala signs Rs 1.18 lakh crore investment MoUs at Davos
Calling it a “historic achievement” for Kerala, Industries Minister P Rajeeve said on Friday that the state has signed expressions of interest worth Rs 1.18 lakh crore, around USD 14 billion, at the World Economic Forum (WEF) in Davos. The agreements were inked with 27 companies from countries including the US, UK, Germany, Spain, Italy, and South Africa, with major names such as Greenco Group (Rs 10,000 crore), Acme Group (Rs 5,000 crore), and Ramky Infrastructure (Rs 6,000 crore) featuring among the signatories.

Kerala to emerge as South Asia’s MedTech and life sciences hub: Minister P Rajeeve

A high-level strategic investment facilitation dialogue for the In-Vitro Diagnostics (IVD) and Medtech sector that was held in Kochi brought together senior government officials, global MedTech and diagnostics companies from Japan, the US, China and other international markets. It also attracted investment advisory firms, Indian manufacturers, healthcare service providers, research institutions and policy stakeholders.

70 per cent conversion rate in FDI pacts from CM Stalin's foreign visits: Minister TRB Rajaa

Industries Minister TRB Rajaa on Friday said Tamil Nadu is witnessing unprecedented industrial growth under the Dravidian model government, bringing pride not only to the state but also the whole country. Rajaa said, during Chief Minister MK Stalin’s foreign visits alone, the state had signed 69 memoranda of understanding (MoUs), of which 48 have reached advanced stages of implementation, including construction, foundation-laying and commencement of production.

TASE Global inaugurates Rs 150 crore aerostructures facility near Chennai

Trusted Aerospace Engineering (TASE Global), a global precision manufacturing firm with operations across India, the United States and Europe, on Tuesday inaugurated a new state-of-the-art manufacturing facility in Sriperumbudur near Chennai. The company said the new facility positions it to capture up to $100 million in revenue over the next three years, driven by rising aircraft production and defence programmes globally. The unit is expected to generate additional revenue of around Rs 300 crore annually over the same period.

Telangana unveils next-gen life sciences policy 2026–30 at Davos

The Government of Telangana unveiled its Next-Gen Life Sciences Policy 2026–30 at the World Economic Forum Annual Meeting in Davos. The policy outlines the State’s approach to its role in global healthcare, therapeutics and bio-manufacturing. The policy signals a shift from scale-based manufacturing to innovation-led growth and positions Telangana as an integrated life sciences hub spanning discovery, development and deployment. It sets targets to rank among the top five life sciences clusters globally by 2030, attract USD 25 billion in investments, create 500,000 jobs, and strengthen integration into global life sciences value chains.

Schneider Electric mulls Rs 623 crore expansion in Telangana

Schneider Electric India plans to invest Rs 623 crore to expand its manufacturing facilities at Gagillapur and Shamshabad, company officials said after a meeting with the ‘Telangana Rising' delegation at the World Economic Forum 2026 in Davos. The delegation, led by chief minister A Revanth Reddy, met Schneider Electric India CEO Deepak Sharma, who outlined plans to scale up capacity for electrical safety products such as air circuit breakers, moulded case circuit breakers, contactors and push buttons.

Government of Telangana and Pearson Announce Collaboration to Advance AI Skilling at a Global Scale
The Government of Telangana, through Aikam, its newly formed autonomous, unified and globally-oriented AI innovation entity, announced Pearson, the world's lifelong learning company, as the first partner of Aikam to strengthen AI skilling, assessment, and credentialing as part of the Global AI Academy being built under Aikam. The collaboration, formalized through a Memorandum of Understanding (MoU) signed at the World Economic Forum Annual Meeting in Davos, reflects a shared intent to support Telangana's ambition to build a future-ready AI talent pipeline aligned with global standards and industry needs.