Latest news with #Industries
Hans India
19 hours ago
- Business
- Hans India
AP optimizing data, AI for enhanced governance, economic growth
Vijayawada: Andhra Pradesh is at the forefront of leveraging global opportunities linked to data revolution, Minister for Education, IT, and Electronics Nara Lokesh has asserted. He made these remarks at the Investopia Global–Andhra Pradesh conference, organised by the Economic Development Board in Vijayawada on on Page 7 Minister of Human Resources, IT Nara Lokesh with UAE Finance Minister Abdulla bin Touq Al Marri and Minister of Industries TG Bharat on the sidelines of Investopia Andhra Pradesh-2025 in Vijayawada on Wednesday. During a discussion on AI and data centers, Minister Lokesh highlighted some of the key tech initiatives of the coalition government. "The first 152-bit quantum computer in South Asia is set to be unveiled in Amaravati, the capital of Andhra Pradesh, in January. This will transform the entire ecosystem," he declared. He observed that Visakhapatnam was rapidly developing into a 'data city', with several renowned international organizations expressing interest in establishing their data centers in the port city. Acknowledging the challenges of transforming well-entrenched education systems to embrace advanced technologies like AI, Minister Lokesh outlined significant curriculum changes. "In line with global advancements, we are introducing AI skill development programmes in polytechnic, degree, and engineering education. We are bringing radical changes to the curriculum with subjects like AI and quantum computing," he mentioned. The Minister emphasised the state government's goal to provide improved public services through the integration of AI in daily administration. "During my 'Pada Yatra' (foot march), I personally witnessed the difficulties people faced in accessing basic land records. After our government came to power, we focused on delivering easier citizen services through AI," he said. In the context, he cited 'Mana mitra', a WhatsApp governance initiative, which now provides over 600 types of citizen services rapidly by integrating various government departments through a large back-end data lake. Andhra Pradesh is looking to the UAE as a role model in adopting AI technology. "The United Arab Emirates was the first country in the world to establish a Ministry of AI," Minister Lokesh noted, adding that the UAE utilized AI for traffic regulation too. Addressing concerns over job displacement due to AI, he stated, "I do not agree with the argument that some jobs will be lost due to Artificial Intelligence. I believe every industrial revolution creates new jobs." According to Lokesh, Andhra Pradesh is poised to become a $2.4 trillion economy in the coming days. "As part of G2G collaboration, we aim at strengthening digital economy through mutual cooperation between the UAE and Andhra Pradesh," he said. Minister Lokesh affirmed that they would explore ways to drive economic growth through AI, data centers, digital innovations, and smart governance. Lokesh identified ChatGPT as his favorite AI application. The event was attended by Manu Jain, CEO of G42 India, and hosted by Raksha Shraddha, Vice President of Primus Partners. Minister Lokesh also held discussions with the UAE Finance Minister Abdulla bin Touq Al Marri regarding investments in renewable energy, infrastructure, digital governance, AI-first universities, genome sequencing, quantum valley, and logistics sectors. He sought support from the UAE for investments in these areas. In response, Abdulla bin Touq Al Marri invited Minister Lokesh to visit the UAE.
The Hindu
3 days ago
- Business
- The Hindu
Technical textiles is a potential area for investments in T.N. by Taiwan companies: official
Technical textiles is a potential sector that can see significant investments in Tamil Nadu by Taiwan companies, said V. Arun Roy, Secretary, Industries, Investment Promotion and Commerce Department, Tamil Nadu. Speaking at the Tamil Nadu – Taiwan Technical Textiles Partnership Summit, organised in Coimbatore on Monday by the Confederation of Indian Industry, Tiruppur Exporters Association, and the Tamil Nadu government, he said Tamil Nadu has a large investment from Taiwan companies in electronics and footwear sectors. Since 2021, the Tamil Nadu government and Taiwan companies have signed 21 MoUs for $ 1.4 billion investment in the State. Technical textiles can be the next potential sector. The PM MITRA Park at Virudhunagar will have dedicated area for technical textiles apart from plug and play facilities for technical textiles. Indian and Taiwan companies should look at investing in the park. Garment exports from Tiruppur and Coimbatore districts grew 20% in 2024-2025 to touch ₹45,000 crores and registered 12 % growth in the first quarter of the current fiscal. The exports are expected to increase 15% this year. However, 'future of the textile industry lies beyond the cotton sector. We should tap opportunities in technical textiles and MMF. It offers more opportunities in value addition,' he said. Director of Handlooms, Tamil Nadu, Maheshwari Ravikumar said the Tamil Nadu government was in the process of issuing an order to offer capital subsidy for the processing sector; will introduce courses in technical textiles in polytechnics and industrial training institutes, and was studying the recommendations submitted in a report by Wazir Advisors to promote sportswear and athleisure production in the State. Over 55 one-to-one business meetings were held in Coimbatore on Monday between Indian companies and Taiwan companies as a part of the Summit.
New Indian Express
7 days ago
- Business
- New Indian Express
Minister Sridhar pitches clean energy push at Urja Manthan 2025
HYDERABAD: IT & Industries Minister D Sridhar Babu on Thursday called for a stronger Centre-state collaboration to accelerate India's shift towards sustainable energy. The minister was speaking at the Urja Manthan 2025 conference, organised by the Union Ministry of Petroleum and Natural Gas at Bharat Mandapam in New Delhi. The conference, chaired by Union Minister Hardeep Singh Puri, deliberated on energy security, green fuel adoption and cooperative federal strategies. While showcasing Telangana's progressive initiatives under its Clean & Green Energy Policy, Sridhar Babu urged the Centre to expand City Gas Distribution networks beyond Hyderabad to tier-2 towns, increase investments in Bhagyanagar Gas Limited, and set up more CNG stations to improve piped gas access in urban and semi-urban areas. To meet industrial and domestic energy demands, the minister proposed joint Centre-state financing for new LNG and CNG terminals. He also emphasised the potential of Telangana's agricultural waste, recommending large-scale investments in Compressed Bio-Gas (CBG) plants and the adoption of waste-to-energy technologies in agri-rich zones. Sridhar Babu further sought incentives for MSMEs and industries under schemes such as SATAT and the National Green Hydrogen Mission to promote clean fuel adoption across sectors. Highlighting Telangana's strategic position along the East-West pipeline corridor, he urged the Centre to strengthen pipeline infrastructure and make additional investments to support low-cost, gas-based industrialisation.
New Indian Express
17-07-2025
- Business
- New Indian Express
Inter-ministerial committee discusses modalities for Bbsr metro rail project
BHUBANESWAR: The first meeting of the inter-ministerial committee on Bhubaneswar Metro Rail Project held at Lok Seva Bhawan on Wednesday discussed key modalities for implementation of the project which has seen several changes in its plan in the past few months. Chaired by deputy chief minister KV Singh Deo, the meeting discussed on a comprehensive mobility plan to address the increasing traffic congestion in Twin City Bhubaneswar and Cuttack. 'We discussed several issues like inter-departmental coordination, strong and efficient public transport system, comprehensive mobility plan for traffic de-congestion, rail-road integration, e-mobility and other modalities for seamless transition across transport modes,' Works minister Prithiviraj Harichandan told reporters after the meeting. He said, a clear picture on the roadmap of the metro rail project will emerge after another two to three rounds of discussion, taking views of experts into account while keeping in mind the convenience of people and traffic issues in the two cities. As per the direction of Chief Minister Mohan Charan Majhi, the committee constituted a sub-committee on the day which will be headed by Singh Deo. A panel of ministers will be members of the sub-committee. The deputy chief minister said the ministerial panel has already held discussions with Delhi Metro Rail Corporation CEO Kalyan Patnaik, Vikas Kumar and Pramit Garg. The metro project has undergone several changes after the BJP government came to power. Ground work for phase-I construction of the project was put on hold as the government decided to revise the DPR to facilitate a flyover on the elevated corridor from Jaydev Vihar to Nandankanan. However last month, Harichandan had said that the government will revisit the project as an elevated corridor is not possible in the city due to logistical and urbanisation issues. Besides, it will severely impact the beautification of the city. 'The project will be an underground metro project,' he had said. Industries minister Sampad Chandra Swain, chief secretary Manoj Ahuja, principal secretary, Finance Saswat Mishra, principal secretary, Housing and Urban Development Usha Padhee and BMC commissioner Rajesh Pravakar Patil attended the meeting and presented their views.
Hans India
17-07-2025
- Business
- Hans India
State to set up quantum task force, targets $20 bn economy by 2035
Bengaluru: The Karnataka government has announced plans to form a dedicated Task Force to steer the growth of the quantum technology sector, reaffirming its commitment to establishing the state as a national leader in quantum science and innovation. This move is part of a larger strategic vision to develop a $20 billion quantum economy by 2035. At a high-level consultation held at Vidhana Soudha on Tuesday, ministers overseeing the portfolios of Science & Technology, Industries, IT & BT, and Minor Irrigation met with senior executives from global tech companies and academic leaders to discuss Karnataka's roadmap in the quantum domain. Ministers N.S. Boseraju (Science & Technology), M.B. Patil (Industries), and Priyank Kharge (IT & BT) addressed the gathering, assuring comprehensive support — including land allocation, infrastructure, and policy backing — to foster a thriving quantum ecosystem. 'Karnataka is uniquely positioned to lead India's quantum revolution, given its world-class institutions, skilled talent pool, and forward-looking industrial base,' said Minister Boseraju. 'We will consult the Chief Minister to form a Task Force to guide this effort.' Industries Minister M.B. Patil reiterated the government's readiness to facilitate industry demands swiftly, while IT&BT Minister Priyank Kharge stressed the importance of skill development and deep-tech collaboration. The meeting was attended by representatives from IBM, AWS, Infosys, L&T, XeedQ, QpiAI, IISc, JNCASR, IIIT Dharwad and others. Vision Group Chairman Kris Gopalakrishnan and government officials, including Principal Secretaries and Commissioners, were also present. The upcoming Quantum India Conclave, scheduled for July 31 and August 1, will mark the first major event under Karnataka's emerging quantum mission.
