Shyam Metalics signs agreement to invest over $5 billion in Maharashtra

Reliance Industries head Anant M Ambani announced that the company plans to invest 1 trillion rupees in the state of Andhra Pradesh. These funds will be directed towards establishing Compressed Biogas (CBG) production plants, which will create over three hundred thousand jobs and bring approximately 60,000 crore rupees in revenue to the state over the next few decades.

Speaking at the foundation stone laying ceremony for the Rayalaseema Agricultural Centre and the Indian Agricultural School in Madanapalle, Ambani emphasized that this investment will support the state's transition to cleaner energy and open up new opportunities for farmers.

He noted that farmers, who ensure India's food security, will now also strengthen the country's energy security, contributing to India's self-sufficiency in the energy sector. Reliance Industries expressed gratitude to the Government of Andhra Pradesh for the opportunity to invest 1 trillion rupees in the state for the construction of CBG plants.

CBG is a renewable fuel obtained by processing organic waste, such as agricultural residues, animal manure, food waste, and other biomass, into methane-containing gas. This gas can serve as a cleaner alternative to traditional natural gas in transport, industry, and the commercial sector.

In addition to reducing emissions and waste, CBG helps decrease dependence on imported fossil fuels, creates new markets for organic and agricultural waste, generates rural jobs and income, and supports a more circular economy by converting waste into energy and nutrient-rich biofertilizers.

Ambani also mentioned that Reliance is investing in clean energy projects in Rayalaseema and exploring possibilities in advanced manufacturing. He cited state government data indicating that since June 2024, 388 mega-projects with investment commitments exceeding 14 trillion rupees have been approved in Andhra Pradesh, with the potential to create nearly 1.1 million jobs. Approximately one-third of these investments are directed to the Rayalaseema region.

The group head stated that Reliance will continue to support the Indian Agricultural School through strategic investments, digital capabilities, technical expertise, and industry partnerships. Addressing Chief Minister N Chandrababu Naidu, Ambani asked him to consider him as a son of Andhra Pradesh, stating that they are laying the foundations for rural entrepreneurship, stronger villages, and a sustainable India.

The proposed agricultural centre, which will be supported by an investment of 40,000 crore rupees, aims to promote technology-driven agriculture in the Rayalaseema region. Ambani stressed that the Rayalaseema Agricultural Centre marks the dawn of India's growth in this region.

The Indian Agricultural School will integrate artificial intelligence and modern technologies with traditional farming knowledge, including applications such as pest forecasting, drone crop monitoring, precision irrigation, robotics, and price analysis. Ambani noted that in this School, artificial intelligence will meet the traditional intelligence of hardworking Indian farmers.

Furthermore, Ambani announced that Jio from Reliance will collaborate with the Indian Agricultural School to deliver its curricula to millions of farmers in local languages through virtual classes in villages. Rural youth will be able to train as digital consultants. Jio has developed the Jio Krishi platform offering products for farmers, and Reliance has established a bioenergy development research center in Jamnagar.

Anant Ambani also stated Reliance's intention to explore collaboration between the Indian Agricultural School and the proposed Vantara University for wildlife and veterinary sciences. This initiative could make agriculture a more attractive career for young Indians, providing them access to technology, skills, and entrepreneurial opportunities in their home villages.

Tata Electronics announced the signing of five strategic agreements at the SEMICON India 2026 event. The partners include Sumitomo Chemical, Kelington, Enomoto, Sojitz Corporation, NRS CORPORATION, and L&T Semiconductor.

According to Tata Electronics, the memorandum of understanding with the Japanese company Sumitomo Chemical aims to strengthen the semiconductor materials ecosystem in India. This will be achieved through the supply of high-quality semiconductor materials and the exploration of local production of high-purity chemicals in India.

Under this collaboration, Sumitomo will supply semiconductor materials, including photoresists, functional chemicals, and high-purity chemicals such as hydrogen peroxide, isopropyl alcohol, aqueous ammonia, and sulfuric acid, to the upcoming Tata Electronics plant in Dholera, Gujarat. Furthermore, Tata Electronics will support Sumitomo Chemical in exploring the production of semiconductor materials and high-purity chemicals in India.

Tata Electronics will also collaborate with Kellington, a Malaysian provider of integrated engineering solutions. The goal of this partnership is to accelerate the operational readiness of the Tata Electronics plant in Dholera, Gujarat, through the implementation of critical infrastructure, systems integration, and engineering capabilities. The parties will also look into developing local talent and advanced engineering competencies in design and construction in India.

This alliance reflects both companies' shared commitment to supporting the growing semiconductor manufacturing capacity in India and will be a key factor in the timely completion of the Dholera plant project, as stated.

Working with the Japanese firm Enomoto, Tata Electronics intends to strengthen the semiconductor packaging ecosystem in India. This will be done by supporting packaging readiness at the Jagirod facility in Assam and studying the localization of lead frame production, which will strengthen the internal supply chain for a critical semiconductor packaging component. The partnership will also assess opportunities for technology transfer, engineering collaboration, and capacity building, contributing to the creation of an integrated and sustainable semiconductor value chain in India.

Tata Electronics is building the first large-scale, proprietary packaging facility in India at Jagirod, Assam, with investments amounting to $3 billion.

Meanwhile, Sojitz Corporation and NRS CORPORATION are joining forces to create a semiconductor material supply chain that will support the future Tata Electronics factory in Dholera, Gujarat. This partnership aligns with the Government of India's vision for developing a strong semiconductor manufacturing ecosystem in the country, according to the press release.

The alliance with L&T Semiconductor Technologies Limited aims to build in-house design and manufacturing capabilities to support next-generation products across the automotive, industrial, telecom, security, and intelligent edge sectors. This collaboration merges L&T Semiconductor's fabless design innovations with Tata Electronics' capabilities in semiconductor packaging and manufacturing to promote domestic chip production. Both companies will jointly explore the possibilities of fabricating and packaging chips for L&T Semiconductor's current and future products using Tata Electronics' technological processes and packaging solutions, while also incorporating chip design optimization before manufacturing with an emphasis on ensuring efficient mass production.