Latest news with #DepartmentofIndustries
The Hindu
4 days ago
- Business
- The Hindu
Global IT major Accenture set to launch operations in Tiruchi
Accenture, a global Information Technology major, is set to launch operations in Tiruchi, one of the key educational hubs in the State. For the U.S.-based global multinational professional services company, Tiruchi will be the third city in the State, after Chennai and Coimbatore, where it would have a facility. The presence of a number of institutions and leading engineering colleges is said to have weighed in favour of Tiruchi. According to sources, the IT giant will function from a building on Karur Bypass near Annamalai Nagar. Work is under way to create the infrastructure for its office. V. Arun Roy, Secretary, Department of Industries, told The Hindu that the company had expressed its readiness to launch its operation in Tiruchi to the Tamil Nadu delegation at the World Economic Forum in Davos in January. It was a transformational move for Tiruchi, which had a huge chunk of IT graduates. It would create new employment opportunities and contribute to the State digital ecosystem. Informed sources said the company had begun the process of posting employees and recruitment for various roles. The move assumes significance in the background of setting up of a TIDEL Park, a joint venture of Tamil Nadu Industrial Development Corporation (TIDCO) and Electronic Corporation of Tamil Nadu (ELCOT) at Panjapur, adjacent to the new Integrated Bus Terminus, on the Tiruchi-Madurai Highway. The premises will have a built up area of about 5.58 lakh A sum of ₹315 crore is allotted to the project. The construction work has already begun and the project is scheduled to be completed within 18 months. 'Accenture move is a gift to the people of Tiruchi, which is known for its manufacturing sector. The entry of IT Major will bolster the service sector in Tiruchi. It will change the profile of the city,' says K.N. Arun Nehru, Member of Parliament, Perambalur.
The Hindu
6 days ago
- Automotive
- The Hindu
T.N. to take steps to increase investments from Germany
Tamil Nadu will take steps to bring more investments from Germany, said Industries MinisterT.R.B. Rajaa on Wednesday. Speaking virtually at the commissioning of a new manufacturing facility of ZF Group in Coimbatore, he said the ZF Group has made a cumulative investment of ₹2,000 crore at its Coimbatore plant. The district will develop into a top notch global manufacturing centre and the Department of Industries of the Tamil Nadu government is working towards it. The Minister said he plans to travel to Germany soon to meet the industries there and invite them to invest in Tamil Nadu. District Collector Pavankumar G. Giriyappanavar said Coimbatore has industries in multiple sectors – automobiles, electric vehicles, foundries, pumps, etc. With the ease of doing business in the State, there are several investments here. The State government is giving great attention to bring investments, especially from Germany, he said. Deepak Shetty, CEO and Managing Director of JCB India, said Tamil Nadu plays an important role in JCB's growth. The Indian construction equipment industry is poised to become the second largest globally by 2030, he said.
NDTV
26-05-2025
- Business
- NDTV
Delhi To Host Industrial Ideathon; Rs 80 Lakh Prize Pool For Student Innovators
New Delhi: The Delhi government will launch its first Delhi Industrial Ideathon 2025, which aims to drive digital transformation, support entrepreneurship, and empower the youth to contribute to the economy, Industries Minister Manjinder Singh Sirsa said. The minister said that the Ideathon, scheduled to be held in July or August this year, will bring together the brightest student minds to solve real-world problems faced by Delhi's industries and will award a total prize pool of over Rs 80 lakh. The event is being organised by the Delhi State Industrial and Infrastructure Development Corporation (DSIIDC) in collaboration with the Department of Industries and is expected to draw hundreds of participants. The minister said that the Ideathon will feature over 120 student teams from more than 30 leading educational institutions across Delhi and each team will comprise two to four students, mandatorily including at least one female participant and preferably bringing together students from multiple academic disciplines. He added that the government's aim is to drive digital transformation, support entrepreneurship, and empower youth to contribute meaningfully to the economy. He said the event will award a total prize pool of over Rs 80 lakh. The winning team will receive Rs 10 lakh, while the first and second runners-up will be awarded Rs 7.5 lakh and Rs 5 lakh respectively.
The Hindu
17-05-2025
- Business
- The Hindu
Coimbatore has the potential to increase its contribution to T.N.'s GDP, says Guidance MD
Coimbatore has the potential to contribute 30% to 40% of Tamil Nadu's GDP, said Darez Ahamed, Managing Director and CEO of Guidance, Department of Industries, Investment Promotion and Commerce, Tamil Nadu, in Coimbatore on Friday. At a meeting organised by the Confederation of Indian Industry (CII), Coimbatore, and the Indian Chamber of Commerce and Industry, Coimbatore Chapter, he said several Mittelstand (SME) companies in Germany established direct connections and partnerships with Coimbatore-based firms. These companies appreciated the cost-effective and problem-solving capabilities of Coimbatore companies. While there were bottlenecks, including infrastructure challenges, the government was taking steps to address them. Though Coimbatore was classified as a tier-2 city, it was perceived by Fortune 500 companies and MNCs as a tier-1 city and was a preferred destination. The Global Capability Centres, R& D, and logistics were focus areas for investment in Coimbatore and local businesses should make better use of the Single Window System, Biz Buddy, and MOU facilities provided by Guidance for faster approvals, as these were tools already widely used by MNCs, he added. District Collector Pavankumar G. Giriyappanavar highlighted how suggestions from citizens and industry leaders had been incorporated into government actions. Members from various associations representing the MSMEs, electric mobility, textiles, energy, and environment sectors participated in the meeting and shared their perspectives on sector-specific needs, expectations, and requests for support from Guidance. The participants highlighted the need for a common testing facility, upskilling of workforce and attracting Foreign Direct Investment. The officials emphasised the government's commitment to strengthen Coimbatore's position as a major industrial hub. The concerns raised by the participants would be reviewed and presented to the appropriate Forums, they said.
Time of India
02-05-2025
- Business
- Time of India
CM to lay foundation stone for CG's 1st data centre park today
Raipur: In a step towards embracing advanced technology-driven industries, Chhattisgarh is all set to establish its first Artificial Intelligence (AI) Data Center Park in Nava Raipur. CM Sai will lay the foundation stone of the project on May 3. The AI-exclusive Data Center Park is being developed at a cost of Rs 1,000 crore over an area of 13.5 acres, with 2.7 hectares earmarked for Special Economic Zone (SEZ) development. The data center park is situated in Sector-22, near the CBD Railway Station. The foundation ceremony will also be attended by Commerce, Industry & Labour Minister Lakhannlal Dewangan and Finance, Housing & Environment Minister OP Choudhary as special guests. . With AI technologies relying heavily on large-scale data processing and mining, robust and energy-efficient data centers have become critical infrastructure. . Officials highlighted that data centers serve as the backbone for AI operations, particularly for large language models and data mining — processes that require substantial computing power and energy. The establishment of the AI Data Center Park is expected to generate significant employment opportunities and position Chhattisgarh as a major player in India's digital infrastructure landscape. The government has already hosted energy summits aimed at making Chhattisgarh a national power hub, further supporting the viability of data center expansion. Under its new industrial policy, the Chhattisgarh govt has introduced special provisions for industries rooted in modern technologies. Officials said investors in the data center space will benefit from streamlined procedures under the Single Window System, Ease of Doing Business, and Speed of Business initiatives by the Department of Industries. Raipur: In a step towards embracing advanced technology-driven industries, Chhattisgarh is all set to establish its first Artificial Intelligence (AI) Data Center Park in Nava Raipur. CM Sai will lay the foundation stone of the project on May 3. The AI-exclusive Data Center Park is being developed at a cost of Rs 1,000 crore over an area of 13.5 acres, with 2.7 hectares earmarked for Special Economic Zone (SEZ) development. The data center park is situated in Sector-22, near the CBD Railway Station. The foundation ceremony will also be attended by Commerce, Industry & Labour Minister Lakhannlal Dewangan and Finance, Housing & Environment Minister OP Choudhary as special guests. . With AI technologies relying heavily on large-scale data processing and mining, robust and energy-efficient data centers have become critical infrastructure. . Officials highlighted that data centers serve as the backbone for AI operations, particularly for large language models and data mining — processes that require substantial computing power and energy. The establishment of the AI Data Center Park is expected to generate significant employment opportunities and position Chhattisgarh as a major player in India's digital infrastructure landscape. The government has already hosted energy summits aimed at making Chhattisgarh a national power hub, further supporting the viability of data center expansion. Under its new industrial policy, the Chhattisgarh govt has introduced special provisions for industries rooted in modern technologies. Officials said investors in the data center space will benefit from streamlined procedures under the Single Window System, Ease of Doing Business, and Speed of Business initiatives by the Department of Industries.
