
Telangana govt, Kitakyushu city sign pact to boost economic growth, urban innovation
Hyderabad: The Telangana govt on Monday signed an agreement of cooperation with the Japanese city of Kitakyushu to strengthen relations and boost inclusive economic growth, achieve zero emissions, and foster urban innovation.
The agreement was signed in the presence of Kitakyushu mayor Kazuhisa Takeuchi, chief minister A Revanth Reddy, GHMC mayor Gadwal Vijayalakshmi, and others. Earlier, the Japanese delegation, led by Takeuchi, attended the Telangana state formation day celebrations at Parade Grounds in Secunderabad.
Speaking at the programme, Revanth said he studied the development model in Kitakyushu city during his recent Japan tour.
'The eco-town model in the city inspired us, and the state govt signed agreements with many Japanese companies to develop an identical model in Hyderabad,' he said.
The CM expressed confidence that the cooperative agreement between Telangana and Kitakyushu city will create an ecosystem for inclusive economic growth, zero emissions, and urban innovation. He briefed the Takeuchi-led delegation about the state govt's focus on the Musi rejuvenation project and the creation of assets to strengthen the state economy under the project.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Truque caseiro noturno eficaz contra a papada (faça hoje mesmo)
Revista & Saúde
Saiba Mais
Undo
The Takeuchi delegation was also informed about the new skill development programmes for the youth and the interest shown by students in learning the Japanese language to explore opportunities in Japan. The CM sought the cooperation of the delegation to teach Japanese language to Telangana students.
Later, Revanth said the state govt will try to improve air connectivity between Kitakyushu and Hyderabad, stating it will help in bolstering tourism, trade, and exchange programmes.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Time of India
6 minutes ago
- Time of India
Swiggy may recover quick commerce share despite widening losses: Morgan Stanley
Brokerage house Morgan Stanley believes online food and grocery delivery company Swiggy 's quick commerce business has a bright future. This is despite the fact that while quick commerce has helped drive Swiggy 's revenue growth, the company's expenditure on the vertical continues to drag its bottom line down. Instamart , Swiggy's quick delivery business, saw its gross order value (GOV) rise 101% year-on-year to Rs 4,670 crore. However, the adjusted Ebitda loss also increased to Rs 840 crore during the same period. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Anvisa aprova solução para ajudar a reduzir gordura visceral da barriga em 7 dias! Você Mais Saudável Hoje Saiba Mais Undo Nevertheless, Morgan Stanley said in a recent note that Swiggy is well-equipped to weather the rising competition in the quick commerce segment with enough balance sheet strength to continue investing in the vertical. Initiating coverage on Swiggy shares, Morgan Stanley analysts Gaurav Rateria, Sulabh Govila and Sakshi Rana stated in the June 2 note that medium-term concerns about competition in quick commerce will persist. Live Events Multiple new players, including major ecommerce companies, are now entering the industry. Even so, Swiggy will be able to protect its relative market share, the analysts noted. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories Morgan Stanley has revised its estimates for quick commerce's total addressable market—representing the entire potential demand—upwards to $57 billion by 2030, from $42 billion earlier. The brokerage expects 150 Indian cities to be conducive to the service, compared to the top 30 cities now. This implies multifold growth in the $8 billion market seen at the end of March 2025. Existing companies with investments in infrastructure will benefit more from the quick commerce upsurge, the Morgan Stanley note read, and Swiggy has invested heavily in the space over the past 12 months. The company met its target of 1,000 dark stores, adding 316 of these micro-warehouses in the March quarter, and is looking to expand the network. "We believe that store additions will be a derivative of growth... we have made a choice of network where we have these megapods, which are two-and-a-half times larger than dark stores and these can do 5,000-6,000 orders per day compared to 2,000-3,000 orders a day (done by smaller dark stores)," Swiggy's chief financial officer Rahul Bothra had told ET after the March quarter results in May. Swiggy's current balance sheet strength and profit in food delivery will allow it to continue quick commerce investments and focus on at least maintaining market share, Morgan Stanley said. Total cumulative investment, in the form of operating losses or cash burn, in its quick commerce vertical is expected to be over $1.2 billion over the next two to three years before the company reaches break-even at the adjusted Ebitda level, the brokerage house said. Swiggy shares rose as much as 9.5% during trade today to Rs 365 apiece. The counter closed 8.73% higher at Rs 362.50 per share, against a 0.32% rise in the Sensex to 80,998.25.


Time of India
13 minutes ago
- Time of India
Train to Kashmir: Maharaja Hari Singh's dream turns a reality
A train to the Kashmir valley through the arduous Shivalik and Pir Panjal mountain ranges is more than a century-old ambitious plan that is set to turn into reality on Friday when Prime Minister Narendra Modi flags off a Vande Bharat train from Katra to Kashmir. Modi will also inaugurate the Chenab bridge , which will be the world's highest railway arch bridge. "What was once a vision proposed in the 19th century by the Dogra maharajas is now transforming into one of the most significant infrastructure achievements in independent India's history," a senior railway official said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like I lost my wife, now my son is in danger, please help him! Donate For Health Donate Now Undo Vikramaditya Singh, grandson of Maharaja Hari Singh and son of former Sadr-e-Riyasat Karan Singh, said he feels proud that the Dogra ruler's plan conceived over 130 years ago has finally materialised. "The railway line project to the Kashmir Valley was first envisaged and drawn up during Maharaja Pratap Singh's rule. It is a matter of great pride not only for the people of Jammu & Kashmir but for the entire nation that this dream will be realised by our prime minister," Singh, who has been a legislator in Jammu and Kashmir, told PTI. Live Events The Dogra ruler had commissioned British engineers to survey the rugged terrain for a railway route to Kashmir, an ambitious project that remained unrealised for over a century. He appointed three British engineers to prepare and execute detailed reports. However, two of the three reports prepared in 11 years between 1898 and 1909 were rejected. According to special documents from the Jammu and Kashmir archives department , the idea of a rail link to Kashmir was first proposed on March 1, 1892 by the Maharaja. Subsequently, in June 1898, British engineering firm S R Scott Stratten and Co was engaged to conduct surveys and execute the project. The first report, submitted by D A Adam, recommended an electric railway between Jammu and Kashmir regions, featuring steam locomotives on a narrow two-feet-six-inch gauge line. This proposal was rejected due to the challenging elevation levels. Another proposal, submitted in 1902 by W J Weightman, suggested a railway line connecting Kashmir from Abbottabad (now in Pakistan) along the Jhelum river. This, too, was turned down. The third proposal, by Wild Blood, recommended a railway alignment along the Chenab river through the Reasi area. This report was approved. Later, plans for powering electric trains and establishing power stations near Udhampur, Ramsu, and Banihal were also examined but ultimately rejected. Following this, British engineer Col D E Bourel was tasked with submitting a detailed report on local coal reserves. Additionally, a report was commissioned from T D La Touche, the then deputy superintendent of the Geological Survey of India, on the Sangarmarg and Mehowgala coal mines. In December 1923, S R Scott Stratten and Co was re-engaged to implement the coal extraction project. However, the death of Maharaja Pratap Singh in 1925 and the growing Indian independence movement led to the project being shelved permanently, the documents said. The idea was revived nearly six decades later, when the then prime minister Indira Gandhi laid the foundation stone for the Jammu-Udhampur-Srinagar railway line in 1983. At the time, the project was estimated to cost Rs 50 crore and was expected to be completed in five years, officials said. However, in 13 years, only 11 km of the line could be constructed, which comprised 19 tunnels and 11 bridges - at a cost of Rs 300 crore, they said. It was followed by the broader Udhampur-Katra-Baramulla railway project, estimated at Rs 2,500 crore, which saw its foundation stones laid by prime ministers H D Deve Gowda and I K Gujral in 1996 and 1997 at Udhampur, Qazigund, and Baramulla. Construction began in 1997 but faced repeated delays due to challenging geological, topographical, and weather conditions, significantly inflating the cost to over Rs 43,800 crore as of now. Recognising the strategic importance of the Udhampur-Srinagar-Baramulla Railway Line (USBRL), it was declared a national project in 2002, the officials said. Out of the 272 km stretch, 209 km has already been commissioned in phases including Qazigund-Baramulla in 2009, Banihal-Qazigund in 2013, Udhampur-Katra in 2014, and Banihal-Sangaldan in 2023. The final stretch connecting Katra to Sangaldan has completed the link in February 2024, they said. The engineering marvel includes 38 tunnels and 927 bridges along the Kashmir rail project. The highlight is the Chenab bridge, standing 359 metres above the riverbed which is 35 metres taller than the Eiffel Tower making it the world's highest railway arch bridge, they said. "The Kashmir train project, once just a royal vision, now stands as a symbol of national integration and engineering excellence", an official said. To support construction in the rugged, militancy-affected terrain, more than 215 km of approach roads were built, many in areas previously accessible only by foot or boat. This improved infrastructure has transformed the lives of approximately 1.5 lakh people in 70 remote villages such as Dugga, Surukot, Sawalkot, Khari, and Hingni. These areas have seen the emergence of marketplaces, eateries, and repair shops, significantly boosting local livelihoods, the officials said.


Fashion Value Chain
30 minutes ago
- Fashion Value Chain
HUMAN MADE Adopts Centric PLM to Power Global Growth
Japanese lifestyle brand HUMAN MADE Inc. has implemented Centric PLM™ to streamline product development and fuel business growth. This strategic move is set to enhance operational efficiency and accelerate brand expansion. Founded in 2010 by NIGO, HUMAN MADE is rooted in the concept 'The Future Is In The Past', blending vintage American styles with diverse influences such as workwear, military, outdoor, and sportswear. The brand is celebrated for its craftsmanship and cultural fusion, making it a unique presence in the global lifestyle fashion market. After a thorough evaluation of product lifecycle management (PLM) platforms, HUMAN MADE chose Centric PLM for its proven expertise in the fashion and retail sector. The system is designed to help companies design, source, and launch products more efficiently across multiple categories. 'We're thrilled with HUMAN MADE Inc.'s successful rollout and the value it's already delivering,' said Fabrice Canonge, President of Centric Software. 'This partnership reflects our commitment to empowering iconic brands through digital innovation.' With Centric PLM, HUMAN MADE is now better positioned to respond to market demands, maintain design integrity, and support global growth ambitions.