Deccan Region Today
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Business
India moving from AI pilots to broad adoption: Google's Smith
Google's Alexander Smith says India is transitioning from AI experimentation to broad-scale adoption, positioning itself as a maker and shaper of AI. He highlighted India's digital infrastructure achievements like UPI and ongoing AI research in Indic languages and healthcare. Google is investing $15 billion in an AI Hub in Visakhapatnam, set to go live in 2028.
Technology
ASIP Brings Flip-Chip BGA Packaging To Visakhapatnam
India’s semiconductor packaging industry is moving from policy plans to physical manufacturing infrastructure. ASIP Technologies, a Hyderabad-based semiconductor company, is developing a 30-acre outsourced semiconductor assembly and test (OSAT) facility at Tarluvada near Visakhapatnam, Andhra Pradesh. The project represents an investment of about ₹2,500 crore and is being developed with South Korean technology partner APACT.
Business
Karnataka planning exclusive industrial park for Korean companies: MB Patil
Karnataka plans to develop an industrial park for Korean companies with a focus on machine-tool manufacturers, industries minister MB Patil said Wednesday. The proposed Korea Park will be developed on the lines of the Japan Industrial Park near Tumakuru that attracted companies to the state’s manufacturing ecosystem
Business
MAHLE Starts E-Compressor Production in India
MAHLE becomes the first company to establish an e-compressor production facility in India. The location in Coimbatore was strategically selected for this €7.0 million investment due to the region''s strong manufacturing competence, skilled talent pool, and the established operational expertise of the automotive supplier, headquartered in Germany.
Geopolitics
Tamil Nadu CM convenes review meeting following Nepal floods; directs ministers to lead rescue efforts for trapped citizens
Tamil Nadu Chief Minister Joseph Vijay on Thursday conducted a review meeting to oversee relief measures following the Nepal flood tragedy, directing state officials and cabinet ministers to coordinate rescue operations and ensure the safe return of survivors. According to the state government, the CM instructed Ashish Kumar, Resident Commissioner, TN House, New Delhi; along with a team, to proceed to Kathmandu to oversee the relief and rescue measures in coordination with Nepali authorities and facilitate the safe return of survivors.
Business
Octave opens global technology and innovation centre in Hyderabad
Nasdaq-listed Octave Intelligence plc has opened its global technology and innovation centre in Hyderabad, strengthening the city’s position as a major destination for global capability centres and advanced technology operations. The 2 lakh sq ft facility begins operations with 1,600 employees and will support Octave’s global work in AI, software engineering, cloud, data and product development.
Geopolitics
US Envoy Sergio Gor Meets India Inc Leaders to Boost Trade, Supply Chains
US Ambassador to India Sergio Gor interacted with top India Inc honchos from strategic sectors such as defence manufacturing, semiconductors, pharmaceuticals and technology in Hyderabad, with an eye on accelerating bilateral trade, securing high-tech supply chains, expanding US-India commercial ties and converting strategic bilateral policy into real-world business investments across South India.