Deccan Region Today

Andhra Pradesh Secures ₹1,614 Crore Investment from Three Hyundai-Kia Suppliers

Andhra Pradesh has secured investment commitments worth ₹1,614 crore from three South Korean automotive component manufacturers supplying Hyundai and Kia, strengthening its ambitions to develop an automotive manufacturing hub in Anantapur district. The companies have chosen Andhra Pradesh over Tamil Nadu for their expansion plans, highlighting the intensifying competition among southern states to attract global manufacturing investments.

Astrobase to invest Rs 500 cr, Bayer Rs 200 cr in Karnataka; projects to create 1,470 jobs

Bengaluru-based space technology company Astrobase and Netherlands-based agricultural sciences major Bayer will invest Rs 500 crore and Rs 200 crore, respectively, in Karnataka, Large and Medium Industries Minister MB Patil announced on November 3. Astrobase, which is developing medium-lift launch vehicles, reusable launch systems and indigenous rocket propulsion technologies, will establish a rocket manufacturing facility on 10 acres at Adinarayana Hosahalli Industrial Area. The facility will have an annual production capacity of 40 rocket engines, Patil said.

NTT Data to expand Mangaluru workforce to 2,500 by 2027

NTT Data plans to increase its workforce in Mangaluru to more than 2,500 employees by the end of 2027 from around 900 currently, as the global technology services company looks to expand its presence in Karnataka beyond Bengaluru. The expansion will focus on building specialised capabilities in artificial intelligence (AI), cloud computing, data, healthcare and life sciences, high-tech, automotive and manufacturing, the company said following a meeting between its global leadership and Karnataka IT and Biotechnology Minister Priyank Kharge in Bengaluru.

Tamil Nadu Targets $72 Billion in Merchandise Exports for 2026-27

Industries Minister S Keerthana said the state was focused on ensuring that businesses, micro, small and medium enterprises (MSMEs), farmers and entrepreneurs fully utilise the opportunities emerging from India’s trade agreements. “India’s FTAs are opening doors to global markets. Our responsibility is to ensure Tamil Nadu’s businesses, MSMEs, farmers and entrepreneurs make the most of these opportunities,” she said.

Germany’s Zollner, Avalon Technologies Explore Advanced Electronics Manufacturing JV in Chennai

Germany-based Zollner Elektronik AG and Indian firm Avalon Technologies are exploring plans to set up advanced electronics manufacturing facilities in Chennai as part of a strategic joint venture, Tamil Nadu Industries and Investment Promotion Minister Virudhai Magal Keerthana said. Keerthana said she met senior executives of both companies in Munich to discuss the proposed investment, manufacturing plans and opportunities for future expansion.

Bill Gates-backed sanitation technology has reached a Hyderabad park; a public toilet opened in September treats and reuses water on site, bringing years of research into an everyday public facility

A sanitation technology backed by the Bill & Melinda Gates Foundation has moved from years of research and development into everyday public use, with a new water-recycling public toilet now operating at Hyderabad's Lumbini Park. The facility, inaugurated in September, is designed to treat and reuse water on-site, reducing water consumption while offering a self-contained sanitation solution.