Deccan Region Today

Two major data centres get land and incentives in Andhra Pradesh

The Andhra Pradesh government has approved the allotment of land and tailor-made incentives for two major data centre projects in Visakhapatnam and Anakapalli districts, with a combined proposed investment of Rs 1.44 lakh crore and a total capacity of 1,486 MW. The Visakhapatnam project, proposed by Data Centre Holdings India LLP, involves an investment of Rs 58,743 crore and a capacity of 486 MW, with an employment commitment of 1,250 jobs. The government has approved 200 acres at Jagnadhapuram in Anandapuram mandal for the project, with the land to be allotted at a 25% discount on the APIIC cost, subject to a cap of Rs 30 crore.

IPC plans Rs 83,480 crore investment in Karnataka: MB Patil

In a bold move, Luxembourg's Innovation Platform Capital reveals a major investment plan of Rs 83,480 crore in Karnataka, targeting advancements in digital infrastructure, renewable energy, and green hydrogen ventures. The first phase of this endeavor will see an investment of Rs 17,114 crore dedicated to establishing data centres along with a green hydrogen plant.

KloudMate Unveils India's First Agentic Observability Platform with Auto-RCA and Self-Healing Workflows

Unplanned downtime across cloud infrastructure, applications, and networks costs enterprises between $5,000 and $7,500 per minute; a significant financial hemorrhage according to industry benchmarks. For digital-first businesses, that figure compounds even faster, resulting in disrupted transactions, eroded customer trust, and engineering teams that are forever consumed by firefighting. Bengaluru & Texas-based deeptech startup, KloudMate, today announced the launch of its Agentic Observability suite, an AI-native observability platform that detects, investigates, and autonomously resolves incidents, compressing resolution times from hours to seconds.

New TN industrial policy to focus on sustainable path to higher incomes

Tamil Nadu is in the process of drafting a new industrial policy aimed at moving the state’s manufacturing base up the value chain, with sunrise sectors, R&D and export-led growth set to complement its existing strengths in electronics, automobiles and electric vehicles. The state is targeting a $1.5 trillion economy by 2036, with the roadmap built around one-, three-, five- and 10-year milestones rather than a straight-line growth projection, officials of the Industries, Investment Promotion and Commerce Department said.

Puducherry’s economy continues to register sustained growth: Lt. Governor in Assembly

Highlighting the significant economic strides the Union Territory of Puducherry has made in recent days, Lieutenant Governor K. Kailashnathan on Monday (August 24, 2026) said the UT’s per capita income, Gross State Domestic Product, and revenue receipts have all shown healthy growth over the past few years. Delivering the customary address at the commencement of the Budget session of the Assembly, he said the UT’s per capita income had increased from ₹3,23,745 at current prices in 2025-26 to ₹3,44,926 in 2026-27, registering a growth of 6.5%