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Reliance Industries is establishing a 1 GW AI data center in Andhra Pradesh, a significant investment following Google's similar commitment. This modular facility, powered by a planned 6 GW solar project, will host advanced AI processors. The deal also includes plans for a greenfield integrated food park, bolstering the state's target of 6 GW data center capacity. Reliance Industries will establish a 1 GW AI data centre in Andhra Pradesh. This is the second big-ticket investment commitment from ...Read More >
Vijayawada: Education and IT minister Nara Lokesh on Friday projected Andhra Pradesh as India's next global innovation hub, citing its transformative initiatives in education, industry and sports on the sixth day of his Australia tour. He held a series of meetings in Melbourne, including the Education Round Table, Austrade Executives' Round Table, CII Partnership Summit Roadshow and an interaction with Cricket Victoria officials on Friday. Lokesh outlined AP's integrated roadmap towards a $2.4 ...Read More >
Vijayawada: Twenty Point Programme implementation committee chairman Lanka Dinakar expressed strong confidence here on Thursday regarding Andhra Pradesh's investment climate, emphasising that investments come only when favourable conditions exist. He noted that from 2019 to 2024, investor confidence in the state waned, with many existing investors leaving and no new investments materialising during the previous government. Dinakar attributed the current revival in investments to the "double eng ...Read More >
Minister Lokesh Naidu, who is on a seven-day visit there, says Australian govt may ease restrictions on import of prawns. Andhra Pradesh, where the shrimp industry has been hit by US President Donald Trump's tariffs, is looking to Australia as an alternative market. During a seven-day tour of the country, N Lokesh Naidu, the state's IT and HRD Minister and the son of CM Chandrababu Naidu, said the Australian government may ease restrictions on the import of prawns. Lokesh said that a long-stan ...Read More >
Vijayawada: Education, IT and Electronics minister Nara Lokesh, on the fourth day of his tour in Australia, held a series of high-level meetings for arriving at or elevating AP's partnership with Australia in education, trade, aquaculture, and sports infrastructure. During a meeting with Griffith University vice president (Global) Marnie Watson at the Gold Coast campus, Lokesh urged the establishment of a Griffith University India Centre in Andhra Pradesh to coordinate research, student exchang ...Read More >
Vijayawada: Calling Prime Minister Narendra Modi "the leader of the 21st Century," Chief Minister N. Chandrababu Naidu said the "double-engine" NDA government at the Centre and in AP has brought double benefits to the state. Speaking at the Super GST-Super Savings, Bachhat Utsav public meeting in Kurnool on Thursday, the CM hailed the Centre's cooperation for bringing record-level investments to the state and said, "Modi's victory is India's victory -- and that is our victory too." Lauding the ...Read More >
A three-year safeguard duty on steel imports, initiated by DGTR due to increased imports and declining domestic profits, faces strong opposition. GTRI's report suggests this duty could negatively impact auto, engineering, and construction sectors by raising input costs. Stakeholders argue that the duty will harm export competitiveness and create sourcing challenges, despite domestic steelmakers' profitability. The three-year safeguard duty on steel imports by Directorate General of Trade Remedi ...Read More >
Mumbai/Bangalore: South Korean steelmaker POSCO Holdings and JSW Steel Ltd intend to spend ₹70,000-80,000 crore ($8-9 billion) to set up a 6 million tonne per annum steel plant possibly in Odisha, two executives said. A 900-acre land that JSW Steel purchased in Odisha during the April-June quarter could be used for the project, they said, declining to be identified. JSW Steel chief executive Jayant Acharya had said earlier that no project had been finalised for the land. "This (the land) is c ...Read More >
JSW Cement's IPO is set to launch on August 7, aiming to raise Rs 4,000 crore through a fresh issue and offer for sale. Proceeds will fund a new cement unit, repay debt, and support general corporate needs. The company focuses on green cementitious products, poised to benefit from India's growing industrial sector and cement demand. The IPO of JSW Cement is likely to open for subscription on August 7, according to a report from Fortune India. The issue will close on August 11. JSW Cement, part ...Read More >
US President Donald Trump announced a 25% import duty plus unspecified penalties on Indian goods from August 1, citing India's purchases of Russian crude oil and military equipment. The surprise move comes amid ongoing trade talks. The tariffs may impact Indian exports like telecom, apparel, and gems. India currently holds a $44.4 billion trade surplus with the US across goods and services. US President Donald Trump on Wednesday announced the imposition of a 25 per cent additional import duty p ...Read More >
PNN Gandhinagar (Gujarat) [India], July 17: In a landmark initiative to bridge the widening gap between industry and academia, NAMTECH (New Age Makers Institute of Technology), an education initiative by ArcelorMittal Nippon Steel India (AM/NS India), has signed a strategic partnership with seven premier Institutes of National Importance (INIs) from Northeast India. This collaboration is aimed at co-developing future-ready capabilities across domains such as smart manufacturing, robotics, mobil ...Read More >
Gandhinagar (Gujarat) [India], July 17: In a landmark initiative to bridge the widening gap between industry and academia, NAMTECH (New Age Makers Institute of Technology), an education initiative by ArcelorMittal Nippon Steel India (AM/NS India), has signed a strategic partnership with seven premier Institutes of National Importance (INIs) from Northeast India. This collaboration is aimed at co-developing future-ready capabilities across domains such as smart manufacturing, robotics, mobility, ...Read More >
New Delhi [India], July 17: The world of marketing is undergoing a seismic shift, and it powered by artificial intelligence. As AI-enabled marketing tools become more intelligent and widely adopted, the very structure of marketing teams is beginning to change. Routine tasks that once required human input are now being executed faster, more accurately, and at scale by smart systems. According to Nipun Taneja, a performance marketing veteran with over $100 million in managed ad spend, the future ...Read More >
Gandhinagar (Gujarat) [India], July 17: In a landmark initiative to bridge the widening gap between industry and academia, NAMTECH (New Age Makers Institute of Technology), an education initiative by ArcelorMittal Nippon Steel India (AM/NS India), has signed a strategic partnership with seven premier Institutes of National Importance (INIs) from Northeast India. This collaboration is aimed at co-developing future-ready capabilities across domains such as smart manufacturing, robotics, mobility, ...Read More >
Shillong, June 7 (SocialNews.XYZ) Even as the hectic search for the missing Madhya Pradesh woman continued for over two weeks on Saturday, Meghalaya's lone BJP Minister, Alexander Laloo Hek has supported the families' demand for a CBI probe into the death of Raja Raghuvanshi, whose wife Sonam is still missing. The decomposed body of Sonam's husband Raja Raghuvanshi was recovered on June 2. The couple from Indoor in Madhya Pradesh went missing on May 23 while visiting Meghalaya's Sohra-Cherrapu ...Read More >
Mumbai : ArcelorMittal Nippon Steel India (AM/NS India) has proudly reinforced its role in India's infrastructure transformation by supplying critical steel for two of the country's most iconic railway bridges 70% of flat steel for Chenab Bridge, the world's highest railway bridge, and 100% of steel for the Anji Khad Bridge, India's first cable-stayed railway bridge. The dedication of the iconic Anji and Chenab bridges by Hon'ble Prime Minister Shri Narendra Modi marks a significant step in rea ...Read More >
Andhra Pradesh CM N. Chandrababu Naidu announced a Rs1.4 lakh crore investment by ArcelorMittal/Nippon Steel for a 17.8-million-ton integrated steel project in Anakapalli at the WEF in Davos. Ministers Nara Lokesh and T.G. Bharat highlighted the state's investment-friendly ecosystem and proposed additional projects in petrochemicals and solar cell manufacturing, receiving positive responses from Lakshmi Mittal.Andhra Pradesh Chief Minister N. Chandrababu Naidu announced a landmark Rs1.4 lakh cro ...Read More >
New Delhi: The Centre is working on green steel mandates for the local steel industry, supported by government procurement and financial incentives, as the world's second-largest maker of the alloy works to prepare the sector for the future. The upcoming National Green Steel Mission is likely to mandate steelmakers to make a fixed share of their overall output green, the people cited above said on the condition of anonymity. The government will also support green steel with a public procurement ...Read More >
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