Hisense opens new plant in Sri City, AP

Currently employing around 500 people, the plant is expected to generate employment for nearly 1,500 professionals over the next 12–24 months Hisense, a player in consumer electronics and home appliances, has inaugurated its first manufacturing facility in India through a joint venture with Epack Manufacturing Technologies Private Ltd (EMTPL), a wholly owned subsidiary of Epack Durable Ltd (EDL), at […]

Anant Raj’s subsidiary to build data centers, IT Park under MoU with Andhra Pradesh

Real estate developer Anant Raj’s subsidiary, Anant Raj Cloud, has signed a Memorandum of Understanding (MoU) with the Andhra Pradesh government to develop new data center facilities and an IT park in the coastal state. Under the MoU, ARCPL will invest approximately ₹4,500 crore, to be executed in two phases, to build the infrastructure and […]

Amaravati construction must be completed on time: Andhra Pradesh CM Naidu to officials

Amaravati, Oct 31 (PTI) Andhra Pradesh Chief Minister N Chandrababu Naidu on Friday directed officials to expedite the construction of the greenfield capital city, Amaravati, and ensure its completion within the stipulated time. Andhra Pradesh Chief Minister N Chandrababu Naidu directed officials to expedite the construction of the greenfield capital city, Amaravati, and ensure its […]

Google to invest $10 billion in data centre and AI project in Andhra Pradesh| Business News

Alphabet Inc.’s Google will invest $10 billion to set up a massive data centre and artificial intelligence hub in Andhra Pradesh, officials from the southern Indian state said, marking its biggest such investment in the South Asian nation. Google and Andhra Pradesh are likely to sign a formal agreement on the AI project later today. […]