Business Economy


Telangana AI innovation hub draws strong support at WEF 2026, signs key MoUs

Davos/Hyderabad, Jan 22 (UNI) Telangana’s push to emerge as a global AI hub received a major boost at the World Economic Forum (WEF) 2026 in Davos, as the Chief Minister A Revanth Reddy-led ‘Telangana Rising’ delegation signed key Memorandums of Understanding (MoUs) to strengthen AI skilling, healthcare innovation and startup opportunities.
As part of the initiative, Telangana signed an MoU with Pearson, the UK-based multinational education and publishing company, to support AI skilling and credentialing in the state. Pearson expressed interest in expanding its presence in Telangana and will support AI initiatives for the proposed Global AI Academy, being set up under the Telangana AI Innovation Hub (TAIH).
Under the MoU, Pearson will contribute through its expertise in curriculum design, learning content, assessment frameworks, and globally recognised credentialing, subject to mutually agreed commercial arrangements.
Chief Minister Revanth Reddy said Telangana aims to become a state with future-ready skilled talent by training youth in artificial intelligence and congratulated the delegation on securing the partnership.
IT & Industries Minister D Sridhar Babu welcomed the development and stressed the need for a full-fledged ecosystem to support Telangana’s plans for building an AI City in Hyderabad. “Telangana hosts all the Big Tech companies. We have the talent, ecosystem and infrastructure to be the epicentre of AI,” he said.
Special Chief Secretary (ITE&C and Industries) Sanjay Kumar said the government will work closely with Pearson in the coming years to strengthen Telangana’s high-skilled talent base and assured that necessary clearances will be facilitated for speedy implementation.
In another major collaboration, Telangana signed an MoU with AI CoLab — the Collaborative Center for Artificial Intelligence in Healthcare Research and Education of Georgetown University — to work on applied research and capacity-building initiatives in AI, particularly aligned to the healthcare sector. The partnership will focus on training programmes in AI and data science, along with collaborative research in healthcare, public health and life sciences.
The delegation also inked an MoU with the Dubai Multi Commodities Centre (DMCC) to explore opportunities for Telangana startups by providing exposure to both markets and ecosystems. The collaboration will also explore the possibility of hosting events and conferences to support innovation and business growth.
Officials said these MoUs underline growing global interest in Telangana’s AI ecosystem and its long-term vision of becoming a leading hub for AI talent, research and startup development, according to an official statement on Thursday.
UNI VV CDS
More News

Formula Group secures strategic investment from Japan’s Relo Group

10 Feb 2026 | 7:06 PM

New Delhi, Feb 10 (UNI) Formula Group, a leading relocation management and corporate mobility services company, has entered into a strategic partnership with Japan’s Relo Group Inc, which has acquired a significant minority stake in the Indian firm as part of its global expansion strategy, an official statement said here on Tuesday.

see more..

Carlyle Group, Salisbury Investments to acquire Nido Home from Edelweiss

10 Feb 2026 | 7:00 PM

Chennai, Feb 10 (UNI) CA Sardo Investments, an affiliate of The Carlyle Group, and Salisbury Investments Private Limited, an investment vehicle of Aditya Puri and his family, will acquire 75 per cent stake in Nido Home Finance Ltd -- a wholly owned subsidiary of Edelweiss Financial Services Ltd.

see more..

Electronics industry hails India-US trade deal, true ‘catalyst’ for market expansion

10 Feb 2026 | 6:25 PM

Sourav Shekhar
New Delhi, Feb 10 (UNI) India’s electronics industry welcomed the India-US trade deal and expected it to open up opportunity of market expansion for electronics and semiconductor products in the global marketplace, especially for MSMEs.
Sectorally, the industry feels, the trade pact will enable advanced partnerships in Semiconductors, design and IPs. It will also provide Indian companies access to electronic components such as IC substrates, sensors and microcontrollers, carbon fibres and some specialty materials.

see more..

Diversification--key for broking firms to shield from policy shifts: Crisil

10 Feb 2026 | 3:18 PM

New Delhi, Feb 10 (UNI) Diversification of revenue streams has emerged as a critical buffer for broking firms amid rising regulatory and tax-related headwinds, according to a report by Crisil Ratings.

see more..

Car maker Maruti Suzuki transported 5 85 lakh cars by rail in 2025

09 Feb 2026 | 8:10 PM

Chennai, Feb 9 (UNI) India’s largest car maker Maruti Suzuki India Ltd on Monday said it has set a new benchmark in green logistics by dispatching over 5.85 lakh vehicles through railways in CY 2025, a growth of 18% over CY 2024.
Interestingly, in the past decade, Maruti Suzuki’s share of rail mode in outbound logistics has grown exponentially, rising from 5.1% in 2016 to almost 26% in 2025, significantly reducing carbon emissions, the country’s oil imports and easing road congestion.

see more..