NxtGen and Dell collaborate to build India's largest AI factory

Tech firm Dell Technologies has joined hands with cloud and AI solutions provider NxtGen AI Pvt Ltd. Under this pact, Dell will power NxtGen's AI factory, which is said to be India’s first and largest dedicated AI factory.

Dell will build what it described as India’s largest AI model-training cluster, hosted entirely within its sovereign cloud framework. It will feature 4,000 NVIDIA Blackwell GPUs (Graphics Processing Units). 

Also Read: Google's AI data centre: Adani Group plans to invest USD 5 billion in the project

    Telangana government to develop Industrial Park in Adilabad

The Telangana state government is planning to develop an Industrial Park in Adilabad. Efforts have begun for the land identification for the project that will receive support from the central government.

This proposed park would be spread over 10,000 acres, a wide stretch of barren land near the Chanaka-Korata barrage, and has been suggested by the state Chief Minister A. Revanth Reddy. However, no official announcement has been made in this regard.

Also Read: GIDC to develop Ceramic Park in Morbi-Rajkot

    Serene Communities to expand its senior housing protfolio with an investment of Rs 3,000 crores

Senior citizen real estate development platform of Columbia Pacific Communities, the Serene Communities, is looking at pan-India expansion. The firm will invest Rs 3,000 crore to expand its footprint across India, betting on the sector's growth.

As per updates, the firm has 13 projects under various stages of development, spanning nearly 2.5 million sq ft across key cities including Bengaluru, Chennai, Mysuru, Kochi, Hyderabad, and Pune.

Also Read: Serene Communities and Gardencity Realty join hands to develop senior citizen housing project in Bengaluru

    Deep Industries bags order worth Rs 108 Crores from GAIL

Energy sector services provider Deep Industries Ltd has bagged an order from public sector firm GAIL (India) Limited. The order worth Rs 108 crores is for the compression facility at the RT-USAR Plant in Raigad.

The period of execution of the order is 2.4 years (880 days) as per the firm.

Also Read: GAIL plans investment worth Rs 844 crore for expansion of pipeline capacity

    LanzaTech bags order for bio-ethanol plant from Uttar Pradesh

Carbon recycling company, LanzaTech Global, has bagged an order from Spray Engineering Devices Ltd (SED). The order is for the development of a carbon recycling facility that will use sugarcane bagasse to produce ethanol and other fuels and chemicals in Uttar Pradesh.

As per the firm, the facility will be the first in India to use LanzaTech’s technology to convert sugarcane bagasse into ethanol. It is a part of SED’s Smart Village initiative.

Also Read: Essar Future Energy signs MoU for bio-fuel project in Gujarat

    SpazeOne plans to setup managed office spaces across 5 South Indian cities

Coworking space and office rental solutions provider SpazeOne plans to develop new managed office spaces across 5 South Indian cities. The firm is targeting Bengaluru, Kochi, Coimbatore, Trivandrum, and Calicut as it looks to capitalise on the rising demand for flexible, plug-and-play workspaces.

In this push, Bengaluru remains the firm's central point where it plans to add around 2 lakh sq ft of managed office space in the city, backed by an initial investment of Rs 2 crores.

Also Read: 8.15 lakh sq ft office space leased by Smartworks in Mumbai

    IHG Hotels signs pact with ZHPL for luxury hotel project in Mumbai

Hospitality firm IHG Hotels & Resorts is in talks with Zon Hotels Mumbai Pvt Ltd (ZHPL), a joint venture (JV) of SanRaj Group and DGS Group, for a luxury hotel project in Mumbai. The firms have signed a non-binding MOU for the upcoming 350-room hotel project.

This project will be focused on a luxury brand such as InterContinental.

Also Read: IHG Hotels & Resorts signs new hotel in Panchkula

    Hindalco plans to double the capacity of its Sambalpur smelter

Aditya Birla Group firm, and the world's largest aluminium rolling and recycling company, Hindalco Industries, has plans to double the capacity at its aluminium smelter in Odisha’s Sambalpur.

The firm will invest Rs 21,000 crore in the project. This project is a part of the Aditya Birla Group's growth strategy in India, where it plans to spend Rs 55,000 crore across several projects over the next few years.

Also Read: Hindalco to build new facility in Kuppam

    Sterling Holiday Resorts launches new resort in Dharamshala

Hospitality major Sterling Holiday Resorts has announced the launch of its new resort in Himachal Pradesh. The resort named  Nirmaya Dharamshala is the firm's 6th property in Himachal Pradesh.

This new resort features well-appointed rooms and suites, each with a private sit-out, allowing guests to soak in the crisp mountain air and uninterrupted valley views. rooftop infinity swimming pool and thoughtfully designed common spaces.

Also Read: Sterling Holiday Resorts launches new property in Gangtok

    2.1 lakh sq ft office space leased by HERE Solutions in Navi Mumbai

Tech firm HERE Solutions has leased  2.08 lakh sq ft in Mindspace Business Park, Airoli, Navi Mumbai. The space is leased for 10 years with a total rent of Rs 147 crores. As per the updates, the leased space spans four units on the fourth, eighth, and ninth floors and includes a total of 194 parking spaces.

Also Read: 160,000 sq ft office space leased by Morgan Stanley in Bengaluru