An MoU is signed between Triton EV & Govt of Telangana today

Delighted to announce that Triton EV – a leading US based Electric Vehicle company will be investing ₹ 2,100 Crores to establish an ultra-modern EV manufacturing unit at NIMZ, Zaheerabad in Sangareddy district

An MoU is signed between Triton EV & Govt of Telangana today

Launch of Telangana Industries Annual Report 2020-21

The Hon’ble Minister for IT, Industries and MA&UD Sri KT Rama Rao released IT,E&C and Industries & Commerce Departments’ Annual Reports 2020-21 at Dr. Marri Channa Reddy Human Resource Development Institute of Telangana in Hyderabad on 10th June, 2021.

This is the seventh consecutive year that Sri K. T. Rama Rao released the Departments’ performance report, its initiatives, and achievements since Telangana formation in 2014.

Click here for Telangana Industries Annual Report 20-21

Inaugural of Logistics Park

Hon’ble Minister I&C, IT E&C, MA & UD K T Rama Rao inaugurated a state of the art HMDA Truck Dock Logistics Park at Batasingaram.

The logistics park at Batasingaram is jointly developed by HMDA and Truck Dock Logistics in a PPP mode in about 40 acres and at a project cost of Rs.40 Crores.

The logistics park provides facilities such as warehouse (2 lakh sq ft), parking for 500 trucks, cold storage for 10,000 metric tonnes, dormitory for 200 persons, restaurants, office space, fuel stations, primary health centre, and automobile service centre.

Source: The News Minute

64 Heads of Missions in India leave for Hyderabad to visit biotech companies developing COVID-19 vaccine

New Delhi: 64 Heads of Missions in India leave for Hyderabad, where they are scheduled to visit Bharat Biotech and Biological E. Ltd, in continuation of the briefing by Ministry of External Affairs (MEA). The facilities are developing COVID-19 vaccine.

Sources said that this is the first such visit and it will be followed by visits to facilities in other cities. It is in continuation of the COVID-19 briefing by the Ministry of External Affairs on November 6.

India is the world’s largest vaccine manufacturer and has been contributing significantly to global efforts against COVID-19 pandemic.
Sources said there is a lot of interest in India’s vaccine development efforts.

Prime Minister Narendra Modi has said that India’s vaccine production and delivery capacity will be used to help all humanity in fighting this crisis.

He visited the Zydus Biotech Park in Ahmedabad, Bharat Biotech in Hyderabad and Serum Institute of India in Pune on November 28 to conduct an extensive review of the vaccine development and manufacturing process.

On November 30, he had virtual meetings with teams from Gennova Biopharmaceuticals Ltd Pune, Biological E Ltd Hyderabad and Dr Reddys Laboratories Ltd Hyderabad. The three teams are working on developing and manufacturing vaccine for COVID-19.

Bharat Biotech had on Monday applied for emergency use authorisation for its indigenously developed COVID-19 vaccine ‘Covaxin’ to Drugs Controller General of India (DCGI).

It is the second Indian company to apply for emergency use authorization after the Serum Institute of India applied for such use for the vaccine developed by Oxford University and AstraZeneca.

Source: newsroompost.com

AWS has finalized investment of ₹20,761 Cr ($ 2.77 Bn) to set up multiple data centers in Telangana

Amazon Web Services (AWS), the secure cloud computing platform of American technology giant Amazon, will invest approximately Rs 20,761 crore (USD 2.77 billion) to set up multiple data centers across Hyderabad, Telangana Minister for IT and Industries KT Rama Rao announced on Friday.

Taking to Twitter, Rao said that the project will be “the largest Foreign Direct Investment in the history of Telangana.” “After a series of meetings, AWS has finalized investment of Rs 20,761 Cr ($ 2.77 Bn) to set up multiple data centers in Telangana. The @AWSCloud Hyd Region is expected to be launched by mid 2022,” he posted on the micro-blogging site.

The AWS will set up an AWS Asia Pacific (Hyderabad) Region with three Availability Zones (AZs) here, an official statement from the IT department said.

The press note added that the AZs will consist of multiple data centers in separate distinct locations within a single region that are engineered to be operationally independent of one another with independent power, cooling, physical security, and connections via a low-latency network.

Earlier this year during his Davos visit, the minister had met the top brass of AWS and had invited them for investment in the state. This investment will act as a strong anchor for attracting other technological investments, the minister said.

“AWS choosing Hyderabad as their preferred destination speaks volumes about the swiftness with which the government operates and also the transparency in the system. This investment further strengthens the existing relationship that Telangana enjoys with Amazon,” the minister said while stressing that Hyderabad is already home to the largest office campus of Amazon.

According to the IT department, it is the robust policy framework provided by the state, apart from the city meeting with the rigorous requirements for an AWS region, that attracted AWS in choosing Hyderabad.

The establishment of data centers like AWS is expected to support Telangana’s digital economy and the IT sector. The government is hopeful that the new AWS Asia Pacific (Hyderabad) region will enable more developers, startups, and enterprises, as well as, the government, education, and non-profit organizations to run their applications and serve end-users from data centers located in India.

Source : IndianExpress