Deccan Region Today

Andhra Pradesh ideal for semiconductor manufacturing

Andhra Pradesh CM N Chandrababu Naidu invited global semiconductor companies to explore investment opportunities in the state, describing Andhra Pradesh as one of India's most investment friendly destinations. Addressing the Semicon ecosystem Roundtable in Singapore, the Chief Minister said Andhra Pradesh follows a "Speed of Doing Business" approach to facilitate investments and industrial growth.

Target Corp leases 8.3 lakh sq ft office space in Bengaluru for 10 years

US retail giant Target Corporation secures a significant office space in Bengaluru. The company will occupy over 8.3 lakh square feet at Embassy Manyata Business Park. This long-term lease, valued at approximately Rs 1,250 crore, highlights the growing presence of global capability centers in India's tech hub. The deal underscores sustained demand for Grade A office spaces in Bengaluru.

Korean Delegation Calls on CM

Chief Minister C Joseph Vijay discussed the progress of the Rs 38,000 crore Greenfield shipbuilding cluster, proposed to be set up at Thoothukudi by HD Korea Shipbuilding and Offshore Engineering (HD KSOE), with a high-level delegation from the company, led by its global business director Young Hoon Kwon on Wednesday. An official press release said HD KSOE, one of world’s largest shipbuilder had signed a MoU with the State government for constructing the state-of-art shipbuilding cluster, which was expected to generate 15,000 direct jobs, besides creating a significant multiplier effect through ancillary units and local supply chain.

Kudankulam nuclear project gets its 'heart', moves closer to 6,000 MWe

Amid concern over global energy security owing to the recent conflict in West Asia, India’s largest nuclear-power project, Kudankulam nuclear-power plant in Tamil Nadu, has achieved a milestone with the installation of the reactor pressure vessel (RPV) at one of its units. Nuclear Power Corporation of India Ltd (NPCIL) on Tuesday announced the 1,000 megawatt electric (MWe) Unit-5 reached a crucial stage with the erection of the RPV inside the reactor building, marking the commencement of the installation of the nuclear steam supply system and bringing the unit closer to commissioning.

Tesla opens first Hyderabad experience centre, launches new Model Y variants

Tesla here on Wednesday launched its first experience centre at Knowledge City, Hitec City, offering a new 2026 Model Y, a premium rear wheel drive, and Model Y L. This is the fifth experience centre in the country. Customers can now order the cars via the Tesla website and delivery will commence from July 2026. After sales services have been made available in the Bollaram Industrial Area.

Great Nicobar Project: Transforming India into a Strategic Maritime and Transhipment Hub in the Indo-Pacific

The project, which will eventually span over 166 sq km, about 18 per cent of Nicobar’s 910 sq km, with an estimated cost of Rs. 80,000 crore will have an international container transhipment terminal (ICTT), a greenfield dual-use international airport, a township and its supporting infrastructure and a power plant to make the island energy self-sufficient. The project will also enhance the maritime integration of major Indian ports and go on to create a more integrated domestic-to-global shipping network. It will transform India into a major transhipment hub.