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Business Economy


EXATRON to set up greenfield server, storage manufacturing unit in AP with Rs 360 cr

Tirupati, Feb 11 (UNI) Exatron Servers Manufacturing Pvt Ltd, an organisation focused on manufacturing best-in-class servers and storage products in India, will set up a state-of-the-art manufacturing and assembly plant at the Industrial Park Electronic MFG Cluster – II here.

The facility spreading across more than two lakh square feet area, will be the assembling and manufacturing center for some of the High-end servers and storage products, the company said in a release here on Monday.

Exatron plans to invest Rs 360 Crores over the next five years to scale the company’s operations in Tirupati and also has plans to expand its presence across the country.

Exatron will start its facility construction work by next month and its commercial shipments will commence within the next 9 months, the release said.

This initiative is aligned with Make in India initiative and promises to create local employment opportunities for up to 900+ employees in the next five years, the release added.
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Exports down by 10 pc in June

15 Jul 2019 | 10:50 PM

New Delhi, Jul 15 (UNI) Trade data for June showed that exports came down by 10 per cent at 25 billion dollars and imports also saw a drop of nine per cent.

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HYSEA & STPI-Hyderabad to organize Annual Innovation Summit 2019 on Aug 1

15 Jul 2019 | 7:11 PM

Hyderabad, Jul 15 (UNI) HYSEA (Hyderabad Software Enterprises Association) , in association with Software Technology Parks of India(STPI-Hyderabad) will organize the 27th edition of the Annual HYSEA Innovation Summit 2019 at HICC here on August 1.

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India looking for deeper engagement with UK: Goyal

India looking for deeper engagement with UK: Goyal

15 Jul 2019 | 6:51 PM

New Delhi, Jul 15 (UNI) India is looking for ideas from all sides to strengthen and to give confidence to international investors, with the best of technologies, to come to India and invest, Union Commerce and Industry Minister Piyush Goyal has said.

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Quick Ride hits 2 mln registered car-poolers in India

15 Jul 2019 | 6:42 PM

New Delhi, Jul 15 (UNI) Quick Ride, a car and bike-pooling application, on Monday announced the successful registration of more than 2 million users on its platform across Bangalore, Mumbai, Delhi-NCR, Pune, Hyderabad, Chennai, Kochi, and Kolkata.

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Kris Reynolds appointed as New ‘Director for Westin Hyderabad Mindspace

15 Jul 2019 | 6:16 PM

Hyderabad, Jul 15 (UNI) Mr Kris Reynolds has been appointed as the new ‘Director ( Sales and Marketing’) for The Westin Hyderabad Mindspace with immediate effect.

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