Sridhar Babu lays foundation stone for Rs 177-cr Toshiba plant
Sridhar Babu highlighted Telangana's rapid growth in the industrial sector. He said: 'The State is projected to achieve an industrial output of Rs2.77 lakh crore in 2024–25, with manufacturing contributing nearly 48 per cent of that. Merchandise exports worth Rs1 lakh crore have already been recorded in just nine months. Telangana's GSDP growth stands at 8.2 per cent, well above the national average, reflecting our strategic focus on economic development.' Domestic electricity demand has been increasing and it's indicating expansion of economy. With the demand for electricity expected to double in India by 2040, Telangana is aligning its industrial development with the country's future energy needs.
'The Economic Survey 2024–25 projects a surge in domestic electricity demand. To meet this, we're aggressively attracting investments in clean and renewable energy,' the Minister said.
He noted that under the State's Clean and Green Energy Policy 2025, Telangana has already attracted Rs 29,000 crore in investments and is working toward adding 20,000 MW of renewable capacity by 2030.
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Indian Express
16 minutes ago
- Indian Express
In the pipeline: Japan desk at Invest UP, research tie-ups on semi-conductors, green hydrocarbons
The Uttar Pradesh government is eying major collaborations with Japan in the area of research on semiconductors and green hydrogen manufacturing and supplying workforce for construction and health care sectors to the East Asian nation, officials said. The developments were underlined during the recent visits of two delegations to Japan — one led by Finance, and Parliamentary Affairs Minister Suresh Khanna and another by Chief Minister's adviser Avaneesh Kumar Awasthi, it is learnt. These delegations interacted with not just industry leaders but also a mayoral delegation. Sources said if things go as planned, the state government in collaboration with different industries in Japan will have a centre for excellence for green hydrogen research backed by IIT Kanpur, IIT-BHU and Clean Energy Research Centre of University, Yamanashi; an EV motor generator plant in Gautam Buddha Nagar, a bio-innovation pharma cluster, a recyclable plastic project in Gorakhpur. The delegation led by Khanna, which camped in Japan from July 20 to July 26, to showcase UP in different sectors at World Expo 2025 in Osaka, comprised Alok Kumar, Principal Secretary, Infrastructure and Industrial Development, Amit Singh, Secretary to Chief Minister and Vipin Kumar Jain, Special Secretary to Chief Minister. An official, who was part of the delegation, said their focus was on seeking collaborations in manufacturing, green energy, digital innovation as well as cultural heritage and promotion of One District One Product (ODOP) items. The second delegation led by Awasthi participated in strategic engagements in Tokyo, Osaka, and Yamanashi from July 27 to 31. 'During the visit to Yamanashi Prefecture, the delegation explored potential cooperation in green hydrogen production, aligning with Japan's Basic Hydrogen Strategy. Further, Invest UP is actively working to establish a centre of excellence on green hydrogen in the state, with IIT Kanpur and IIT-BHU being considered as key academic partners,' said an official. The idea is to bring together government, academia, and industry for joint research, knowledge exchange and skill development in the sector and that Invest UP along with UPNEDA is working on facilitating technology transfer through partnerships with Yamanashi Prefecture government and leading Japanese firms, officials noted. The delegation visited Suntory Hakshu Distillery to study Japan's largest 16 MW power-to-gas (P2G) green hydrogen electrolyser to adopt such technology through policy interventions and strategic collaboration with public and private stakeholders, they added. Also, the UP government is eying investments in semi-conductor and electronic equipment manufacturing in the state and that the delegation during its interaction with the Japanese industry highlighted the state's semi-conductor, investment promotion and Foreign Direct Investment policies, it has been learnt. 'The delegation met Tokyo Electron Ltd (TEL), a global leader in semiconductor and electronics manufacturing equipment. During interactions, UP was showcased as an ideal destination for high-end manufacturing, R&D, and electronics assembly hub. Discussions focusing on logistics infrastructure in Noida and Greater Noida, R&D collaborations and workforce skilling took place,' the officials informed. The delegations also explored investments in the areas of food processing, data centres and EVs besides promoting Buddhist Circuit as a cultural tie-up between the two countries. The delegations met the representatives of Mitsui & Co. Ltd, one of Japan's largest conglomerates, extending an invitation for strategic partnerships in semiconductors, logistics, digital services, energy, and urban infrastructure. Discussions on investment in EV, defence, clean energy and high-tech electronics, especially in rare earth magnet fabrication also took place with officials of Tanaka Electric Co Ltd, known for rare earth materials and high-precision magnetics, it is learnt. The UP delegations held talks with the Kansai Pharmaceutical Industries Association (KPIA), a consortium of over 300 pharmaceutical and biotech firms. The discussion focused on exploring not just joint R&D but also clinical trials, diagnostics and medical devices. 'Deliberations have also taken place on the proposed development of a bio-innovation cluster in UP, modeled on Japanese frameworks,' an official said. The delegations signed an MOU with DENSO Corporation, to set up a motor generator plant for EVs in Gautam Buddha Nagar. Tokyo Electron Limited (TEL) is believed to have expressed intent to set up semiconductor operations and GCCs in UP. Discussion took place on land allocation for a CBG plant in Badaun district with Suzuki Motor Corporation. Deliberations were also held with Sumitomo Mitsui Banking Corporation for opening a branch in Noida. It was during the discussion with Sumitomo Mitsui Banking Corporation that the suggestion to establish a 'Japan Desk at Invest UP' came up. An MOU was signed with Jent Company Ltd to set up a recyclable plastic project in Gorakhpur and start its operations in 2026.
News18
an hour ago
- News18
UK's F-35B Fighter Jet Makes Emergency Landing In Japan, Months After Similar Incident In India
Last Updated: A British Royal Air Force F-35B fighter jet made an emergency landing at Japan's Kagoshima International Airport due to a technical glitch, similar to a recent incident in India. A British Royal Air Force F-35B fighter jet made an emergency landing at Japan's Kagoshima International Airport on Sunday after the pilot experienced a technical glitch mid-air, local media reported. According to Kyodo News, the flight operations were affected at the airport as the runway was closed for around 20 minutes following the incident. Officials at the Japanese airport said the incident occurred around 11:30 am (local time) when the pilot sought permission for an emergency landing due to a suspected equipment malfunction. The aircraft was moved to a taxiway for inspection. This is a second such incident in recent weeks involving a British F-35B fighter jet after one of the aircraft remained grounded in India for over a month. On June 14, an F-35B fighter jet, en route from the UK to Australia, made an emergency landing at Kerala's Thiruvananthapuram airport after the aircraft encountered a hydraulic system fault. The fighter jet was out on a routine sortie when it developed a snag and could not land on the ship. The plane reached the Thiruvananthapuram airport, which was designated as the emergency recovery airfield, and requested emergency landing permission. Meanwhile, the Indian Air Force provided all required support and assisted in the process, including refuelling. Following the failed repair attempts, a 14-member engineering team from the UK Ministry of Defence was dispatched with specialised equipment to assist in the recovery and maintenance of the jet. The aircraft was moved to a secure hangar at the airport for detailed assessment. The fighter jet finally took off from Thiruvananthapuram International Airport on July 22 after remaining grounded at the airport for over a month. The jet, worth over $110 million, is one of the most advanced fighter planes in the world. The F-35B is the only fifth-generation fighter jet with short take-off and vertical landing (STOVL) capabilities, making it suitable for small decks, austere bases, and ships. (With inputs from agencies) view comments Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
United News of India
3 hours ago
- United News of India
Innovation can start anywhere, says Telangana IT Minister Sridhar Babu
Hyderabad, Aug 10 (UNI) Telangana IT and Industry Minister D Sridhar Babu has said innovation can start anywhere, from Hyderabad or a remote village in the state, and not necessarily from the Silicon Valley all the time. Addressing the closing ceremony of 'The August Fest 2025', Asia's largest start-up festival held at HITEX, Madhapur last night, he congratulated the organisers and several individuals who contributed quietly to the growth of Hyderabad's IT ecosystem. He lauded August Fest founder Kiran for his role in nurturing the city's start-up culture, while Kiran described the Minister as 'a politician who works like an entrepreneur.' Highlighting the city's robust start-up growth, the Minister said Hyderabad-based start-ups raised USD 571 million in 2024 — a 160 per cent jump from 2023 — across 81 funding rounds. HealthTech funding surged by 2,139 per cent to USD 300 million, FinTech nearly doubled to USd 105 million, late-stage funding climbed 701 per cent to USD 297 million, and early-stage funding rose 73 per cent to USd 233 million. Between January 2020 and May 2025, the city produced over 2,500 start-ups, attracting USD 2.1 billion in funding, accounting for 99.7 per cent of Telangana's total start-up capital, he said. Women-led ventures are thriving, with Hyderabad ranking sixth in India. A total of 531 such start-ups have raised USD 417 million. Through STPI Hyderabad, over 1,400 start-ups have received support worth Rs 574 crore, 44 per cent of them led by women, the minister said. Global corporations such as FedEx, London Stock Exchange, Uber, Micron and Eli Lilly are expanding operations in Telangana. The state is developing a 200-acre AI City, projected to be one of the largest AI hubs in the world, while Genome Valley's 2,000 acres have made Hyderabad Asia's leading biotech cluster. Recalling the early days of the city's IT journey, Sridhar Babu credited Mythrivanam in Ameerpet — home to the first STPI Hyderabad in 1992 — as the starting point of Hyderabad's technology growth. He said the government would consider J.A. Chowdary's proposal to declare Mythrivanam a heritage building in recognition of its historic role. 'The future of Telangana's start-up ecosystem belongs to everyone — coders, farmers, artists and women entrepreneurs. Every challenge, from climate change to urban congestion, is also a start-up opportunity,' the Minister said, urging participants to collaborate beyond their usual circles. 'Hyderabad is now a blazing beacon on the world's innovation radar. We're not following trends — we're setting them. The next big idea that changes the world could be yours.' UNI VV SSP
