While the move may give a competitive edge over rivals like Bangladesh in the global market, several industry bodies raised concerns that many state governments may not implement it on the ground.
Digital Connexion, a joint venture between Brookfield, Reliance Industries and Digital Realty, on Wednesday announced an investment of $11 billion till 2030 for building 1 gigawatt (Gw) state-of-the-art AI-native, purpose-built data centres in Visakhapatnam, Andhra Pradesh.
'We are expecting investment, public and private, of around Rs 40 trillion by 2029.'
The "Sky Factory" will be one of the world's largest for electric vertical take-off and landing (eVTOL), a manufacturing and assembly process to make electric aircraft that can take off, hover, and land vertically. It will put India on the "map of next-generation aviation" and marks one of the most ambitious eVTOL initiatives in the world, said a state government statement.
Renewables sector stole the show as Andhra Pradesh bagged investments to the tune of around Rs 13.25 trillion during the three-day CII Partnership Summit in Visakhapatnam. The sector accounted for the bulk of Rs 5.33 trillion out of the memorandum of understanding (MoUs) signed during the summit.
Adani Group said on Friday it will invest around Rs 1 trillion in various sectors of Andhra Pradesh over the next ten years, deepening its commitment in the state where it will partner with Google for an artificial intelligence (AI) hub in Visakhapatnam.
Hinduja Group-led Ashok Leyland has posted a record consolidated net profit of ~820 crore in the second quarter of 2025-26 (FY26), up 7 per cent from ~767 crore during the same quarter last year.
Their projects are known for Italian-inspired creative façades with intricate urban elegance.
Festivals also contribute to the rise in overall automobile retail sales, says dealers association.
Leading hospital chain Apollo Hospitals Enterprises Ltd (Ahel) has posted a consolidated net profit of Rs 477 crore during the second quarter this financial year, up 26 per cent from Rs 379 crore during the same period last financial year.
The debate over working hours flared up after Infosys Co-founder N R Narayana Murthy called for 14-hour workdays.
'This is an area where good lending can happen, and that is one of the priorities for the next quarter.'
'It will support our growth aspirations. It's very positive as it helps expand the market in a segment that really needs it.'
TVS Motor Company will reveal an all-new range of motorcycles at EICMA in Milan later this year, led by the new superbike.
Sandwiched between a Hero MotoCorp showroom and a shop that hires out cooking utensils is a small, dingy building that's been locked up. The non-descript two-room building is a manufacturing unit of Sresan Pharmaceuticals, the pharma company made its Coldriff cough syrup that has allegedly killed 25 children in Madhya Pradesh.
Lining up its 2030 strategy, Hyundai said it was targeting up to 30 per cent export contribution and over 1.5-fold rise in revenue, to cross the 1 trillion milestone in five years.
'Every parent should rethink their decisions to send their children to the US.'
'The US slump could hit our hosiery market hard since 40 per cent of our exports go there.' 'Job losses could be severe if the government doesn't step in fast.'
Within weeks of announcing his exit as executive chairman of the global software-as-a-service (SaaS) company Freshworks, its founder Girish Mathrubootham appears to be on an investment spree.
Bengaluru-based Ultraviolette launches the fighter jet-inspired X-47 Crossover electric motorcycle at Rs 2.49 lakh, with deliveries to commence in October.
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