Deccan Region Today

Reliance, Vedanta, Adani join India's drive to cut China rare earth dependence, sources say

Indian industrial groups Reliance, Vedanta and Adani have shown interest in developing facilities ‌to process Andhra Pradesh state's significant reserves of increasingly important rare-earth minerals, according to two sources with knowledge of the matter. With New Delhi seeking to cut India's dependence on China for rare earths, the three companies are among about ​10 who have expressed interest in setting up rare earth facilities in the southern state, ​one of the sources said.

EY launches Bengaluru AI centre to help firms test and scale AI transformation

EY has launched a state-of-the-art 40,000-square-foot AI innovation hub in Bengaluru, designed to support clients in the exploration and deployment of artificial intelligence solutions. This initiative is a key component of EY's major $1.4 billion commitment to advancing AI technology. Businesses from around the globe and within India can delve into innovative business strategies and enhance their operational effectiveness.

HD Hyundai’s $4 Billion Greenfield Shipyard in Tamil Nadu Moves on Track

South Korea’s HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the parent of HD Hyundai, is fine-tuning plans to build a $4 billion greenfield shipyard on its own at Thoothukudi (Tuticorin) in Tamil Nadu, with an annual output of 3.5–4 million gross tonnage (GT) of commercial vessels. The project remains on course after the MoU signed on December 7, 2025 between HD Hyundai and the Tamil Nadu government.

FTCCI to host international conference on Shipping & Logistics

The Federation of Telangana Chambers of Commerce and Industry (FTCCI), in association with MPL Logistics and with support from leading industry partners, is set to host a full day international conference on Shipping & Logistics 2026 (ICSL 2026) on June 12, 2026, at HICC Novotel, Hyderabad. Building on the success of its previous editions, the third edition of the conference will focus on emerging opportunities and challenges in multimodal logistics, digital supply chains, e-commerce fulfilment, warehousing, EV-led logistics, artificial intelligence, automation, and infrastructure development.