Deccan Region Today

ArcelorMittal Nippon Steel India to start work on Rs 70,000 cr Andhra steel plant next week

ArcelorMittal Nippon Steel India is launching its largest greenfield steel project in Andhra Pradesh, investing Rs 70,000 crore in the first phase. The integrated steel plant near Visakhapatnam will have an 8.2 million tonnes per annum capacity, with initial operations expected by late 2028 or early 2029.

Bengaluru hosts Berlin's third international office
German capital Berlin on Wednesday opened its third international office after New York and Beijing, in Bengaluru. The office will focus on, and support startups, innovation, education, exports and imports. The office will facilitate startups that want to set up a base in Berlin, as well as startups from the German capital that want to expand into India.

Tamil Nadu surpasses Gujarat, Maharashtra to become India's top textile exporter

Tamil Nadu has become India's top state for textile exports. Shipments reached USD 7,997.17 million in fiscal year 2024-25. This marks a significant 29.12 percent increase over the past four years. Gujarat and Maharashtra follow Tamil Nadu in textile export value. The state's success is attributed to planned government actions and multifaceted growth initiatives.

TN SME units in deep water as West Asia conflict chokes input supplies, stalls exports

With the West Asia conflict entering into the third week, small and medium industrial units in Tamil Nadu are facing mounting disruption in the form of choked supplies of critical inputs and stalled exports. At Aspick, a fabrication unit on the outskirts of Chennai, managing director Prabhakar is dealing with a growing pile-up of finished goods following the abruptly halt of shipments to Egypt and Iraq