Deccan Region Today
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Business
Andhra Pradesh Clears Rs 30,515 Crore Investment Proposals From 50 Companies, Projects Expected To Generate 29,677 Jobs
Andhra Pradesh Chief Minister N Chandrababu Naidu approved investment proposals from 50 companies worth Rs 30,515 crore during the 18th State Investment Promotion Board meeting on Thursday (18 June). The projects are expected to generate 29,677 jobs across the state. Presiding over the meeting, Chief Minister Naidu directed officials to ensure that the benefits of industrial development reach poor and middle-class families.
AP Targeting Global Tourism Hub Status For State, Says Minister Durgesh
Andhra Pradesh is moving aggressively to position itself as a world-class tourism destination, Tourism, Culture and Cinematography minister Kandula Durgesh asserted on Friday at a press conference in Berm Park of Vijayawada. He pointed out that to fulfil this mission, the NDA coalition government has brought in a series of reforms and investment-driven initiatives over the past two years. In support of this effort, the minister pointed out that tourism had been accorded industrial status in Andhra Pradesh.
Geopolitics
Minister Narayana Concludes His Malaysia Tour; Studies Global Urban Growth Models
Andhra Pradesh Municipal Administration and Urban Development minister P. Narayana on Friday successfully concluded his two-day study tour of Malaysia, undertaken to examine global best practices in urban development, scientific waste management, and affordable housing, which could be adapted for implementation in the state, particularly for development of Amaravati.
Technology
India's RMZ to ramp up data center capacity with $35 billion push, exec says
Indian diversified real estate and investment firm RMZ plans to scale its data center capacity to 2-3 gigawatts over the next five years as part of a $35 billion investment push, a senior company executive said. RMZ built its existing 250-megawatt capacity through a joint venture with UK-based Colt Data Centre Services, and the two companies are exploring growth opportunities, Chhabria said.
Technology
YKK India to set up new manufacturing facility at Origins by Mahindra in Chennai
Mahindra Industrial Park Chennai Limited (MIPCL) a JV between Mahindra World City Developers Limited and Sumitomo Corporation of Japan today announced that YKK India Private Limited, the Indian subsidiary of YKK Corporations, will establish a new manufacturing facility at Origins by Mahindra, Chennai involving a total investment of USD 150 million.