Deccan Region Today
A Back to School Template
Business
Jakson Plans ₹6,863 Crore Solar Plant in Andhra Pradesh
Jakson Group plans to invest ₹6,863 crore in an integrated solar manufacturing plant in Kurnool district, Andhra Pradesh, with a proposed annual production capacity of 10 GW of silicon ingots and wafers and 5 GW of solar cells. The Noida-based company plans to establish the facility at Meedivemula village in Orvakal mandal. The Andhra Pradesh State Investment Promotion Board (SIPB), chaired by Chief Minister N. Chandrababu Naidu, has recommended allocating 290 acres of land to Jakson Integrated Solar for the project.
Business
FE Leadership Awards | MNC of the Year: ABB – High voltage growth, made in India
From the power distribution systems on the Chenab rail bridge to the automation technology that monitors Indian Oil’s 20,000-km pipeline network, ABB India’s engineering increasingly underpins the country’s critical infrastructure. Having completed 75 years of manufacturing in India, the company is now stepping up investment in local production and research as demand surges from data centres, renewable energy, metro rail and advanced manufacturing.
Geopolitics
Swiss Ambassador calls on CM Shivakumar at Krishna
A diplomatic courtesy call at the heart of Karnataka's capital — the Chief Minister's Office of Karnataka announced on Wednesday, October 28, 2026, that H.E. Ms. Maya Tissafi, Ambassador of Switzerland to India, called on Chief Minister Shri D.K. Shivakumar at his Home Office, Krishna, in Bengaluru. The visit places Karnataka on the diplomatic map in a direct, face-to-face way. State capitals have increasingly become stops on the itinerary of foreign envoys — not just Delhi — as India's federal units grow in economic weight and global appeal.
Business
Sonowal, HD Hyundai Discuss $4B Thoothukudi Shipyard
Union Minister of Ports, Shipping and Waterways Sarbananda Sonowal on Wednesday met Chairman of HD Hyundai Chung Ki-sun in Seoul and discussed development of the proposed USD 4 billion greenfield shipyard at Thoothukudi in Tamil Nadu, according to an official statement. The meeting took place during Sonowal's four-day visit to South Korea, which is focused on deepening cooperation in shipbuilding and the wider maritime industry.
Business
Revanth Fast-Tracks Preparations Ahead Of Invest Telangana Global Summit
Telangana Chief Minister Revanth Reddy has directed state officials to ensure the New Delhi curtain-raiser event for the upcoming Invest Telangana Global Summit 2026, scheduled for October 29, achieves maximum outreach and is a big success. Chairing a high-level review meeting to finalise arrangements for the global summit, the Chief Minister emphasised that the summit, scheduled for December 7 to 9 at the Bharat Future City, should further elevate Telangana’s reputation on the international stage.
Technology
AssetMark opens Hyderabad GCC to strengthen global operations and drive AI innovation
Expanding its presence in India, US-based wealth management platform AssetMark has opened a Global Capability Centre (GCC) in Hyderabad. The new facility, named AssetMark Global Wealth, can accommodate approximately 500 employees and will support the company’s global technology and business operations while creating opportunities for local talent.