Deccan Region Today

Andhra recorded six-fold hike in FDI in last 2 yrs, says Naidu govt

Andhra Pradesh has witnessed a sharp six-fold increase in foreign direct investment (FDI) in the last two years of the Telugu Desam Party-led coalition government, compared to the previous YSR Congress Party regime, an official statement said on Thursday, citing the data tabled in Lok Sabha. Quoting the data furnished by the Union minister, the official statement said there was a steady rise in investments after the coalition government assumed office. “The FDI inflows increased from USD 92.13 million in FY 2023-24 to USD 233.14 million in FY 2024-2025, before rising further to USD 608.59 million in FY 2025-26.

Kia India, IIT Tirupati Launch Makers Lab for Innovation

Kia India and the Indian Institute of Technology (IIT) Tirupati on Friday inaugurated the Inspire Works Makers Lab, an innovation facility designed to help students transform ideas into practical products through hands-on learning, research and prototype development. The launch marks a key milestone in the partnership between the two institutions, more than a year after they signed a Memorandum of Understanding (MoU) in May 2025. It also marks the completion of the project's first phase with the installation of advanced equipment.

Karnataka Plans US Investment Roadshow, Global Investors Meet

Karnataka will hold an investment roadshow in the US in October to attract greater investments to the state, and the US Consulate General will extend the necessary support for the initiative, Large and Medium Industries Minister M B Patil said on Friday. He also said the United States would be invited to participate in the Global Investors Meet 2027, proposed to be held in April next year.

KDEM, GoodWorks target ₹5,000 crore GCC investments for Karnataka

Karnataka Digital Economy Mission (KDEM) has partnered with GoodWorks Group to attract over ₹5,000 crore in investments and facilitate the setting up of 50 new Global Capability Centres (GCCs) in the state over the next few years. The initiative will include sector-focused investor roundtables, business delegations, GCC research reports, and promotion of Karnataka across North America, Europe, Japan, South Korea and the Middle East.

Karnataka seeks deeper US partnerships in innovation, skilling as Shivakumar unveils Quantum City plan

Speaking at the inauguration of the QUANTUM exhibition at Science Gallery Bengaluru in the presence of US Ambassador Sergio Gor, Shivakumar said Karnataka's long-standing ties with the US had played a key role in shaping Bengaluru into one of the world's leading technology hubs.

Limitless potential between US, India goes through Karnataka: Sergio Gor

US Ambassador to India Sergio Gor on Friday said the United States was committed to expanding its partnership with India, particularly Karnataka, citing the growing presence of American companies in the state and cooperation across artificial intelligence, data centres, pharmaceuticals, defence, energy and critical supply chains.

From Shipyards to EVs: How Thoothukudi is Emerging as Tamil Nadu’s Next Industrial Powerhouse with ₹53,500+ Crore in Investments

Tamil Nadu’s important port town, Thoothukudi is undergoing a considerable industrial revolution with over ₹53,500 crore in investments in shipbuilding, electric vehicles, textiles and space technology, among other areas. With the support of the government of India’s Maritime Amrit Kaal Vision 2047, SIPCOT industrial infrastructure and VO Chidambaranar Port, the city is becoming a crucial center for India’s manufacturing and export goals.

Invest in Telangana , Deputy CM Bhatti calls on NRI's in America

Deputy CM Bhatti Vikramarka has called on the Indian diaspora to make Telangana their first priority for investment. Consul General of India in San Francisco K. Sreekar Reddy, who is on a visit to the US, hosted a special dinner for him on Friday. The event was attended by prominent Indian diaspora in the Bay Area as well as key leaders from IT, medical, human resources and other business sectors.