Deccan Region Today
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Technology
Thailand's Rockworth PLC Comes to Sri City
Sri City is South India’s first and only Special Economic Zone and Integrated Business City, covering 100 square kilometers of multi- product special economic zone, domestic tariff zone, and free trade warehousing zone. Thai furniture manufacturer Rockworth PCL has chosen to build its first factory in South Asia at Sri City. The success of Rockworth's enterprise could lead more Thai businesses to Sri City, located in Andhra Pradesh but only 55 kilometers from Chennai.
Geopolitics
Karnataka to nurture 20 clean energy start-ups annually under new pact with Australia
The state has partnered with the University of New South Wales, IIM-Bengaluru, and IISc to nurture around 20 clean energy startups annually, focusing on areas like energy storage and solar power. As part of the initiative, the Energy Department plans to nurture around 20 start-ups annually across domains such as energy storage, solar, wind, green fuels and emerging clen technologies.
Geopolitics
Kerala’s development decade
The decade from 2016 to 2026 has been a period of rapid and unprecedented economic development in the State of Kerala. These changes have been achieved despite the financial constraints imposed on the State by the Union Government. Kerala has distinguished itself as the only State to sustain a formal planning process, enabling it to significantly increase capital expenditure from 2017 onwards, contrary to the declining trend observed in 18 major States after the dissolution of the Planning Commission.
Business
LatentView Analytics invests Rs 28 crore in AI startup
AI firm LatentView Analytics has invested $3 million (about Rs 28 crore) in US-based agentic AI start-up Healtheon AI to target revenue cycle management vertical in the healthcare sector, the company said in a regulatory filing. The investment has been made through SAFE Notes (Simple Agreement for Future Equity Notes) on April 1.
Business
Telangana to be South Asia's textile capital by 2047: Revanth
Telangana, one of the largest producers of high-quality cotton in the country is set to emerge as the textile capital of South Asia by 2047, with the government working towards building an end to end textile ecosystem from cotton cultivation to global fashion markets in London, New York, Paris, Milan Tokyo and Dubai.
Geopolitics
Tariffs, West Asia conflict impacting textile sector, India must tap domestic market potential: Telangana Minister
Telangana Industries Minister D. Sridhar Babu on Thursday said that global developments such as US tariff measures and the ongoing West Asia conflict are impacting the textile industry, and stressed the need for India to focus on its large domestic market to sustain growth.