Deccan Region Today

Minister Nara Lokesh urges Korean Telugus to promote investments in Andhra Pradesh

Minister for HRD and IT Nara Lokesh on Sunday urged the Telugu diaspora in South Korea to act as ambassadors for Andhra Pradesh by promoting the State’s investment potential and encouraging Korean companies to establish businesses there. Addressing members of the Telugu community in Seoul during his official visit to South Korea, Lokesh said Andhra Pradesh was prepared to collaborate with South Korean industries across emerging sectors and sought to build on the success of Kia’s manufacturing operations in the State.

Goal Is To Create 20,000 Startups And One Lakh Jobs In Five Years: Minister Nara Lokesh

Andhra Pradesh IT and Education Minister Nara Lokesh has said that the target is 20,000 startups and 1 lakh jobs in five years . He said that the AP government will move forward with the goal of ‘One Family-One Entrepreneur’. Minister Nara Lokesh participated in a round table meeting organized by the Seoul Business Agency (SBA) with Korean startup founders in South Korea today (Monday). He invited Korean startups to the Ratan Tata Innovation Hub. He said that Andhra Pradesh will be developed as the AI capital of India.

Karnataka seeks stronger investment ties with Hong Kong in ESDM, startups: MB Patil

Karnataka is actively seeking to boost economic ties with Hong Kong, focusing on key sectors like semiconductors, fintech, and advanced manufacturing. The state plans to highlight its strengths in chip design and startups to attract investors and venture capital. This initiative aims to leverage Hong Kong's global financial hub status to secure international funding and foster expansion for Karnataka's businesses, building on existing trade relationships.

Nestle announces new GCC in Hyderabad through global division Nestle Business Solutions

Nestle announced its new Global Capability Center in Hyderabad, India. This center will operate under Nestle Business Services India in partnership with Genpact. The move strengthens Nestle's global business services network and future capabilities. Hyderabad's ecosystem and Genpact's expertise will drive value and innovation. This expansion aligns with India's growing role as a hub for multinational corporations.