Latest news with #Rajaa
New Indian Express
3 days ago
- Business
- New Indian Express
TN courts investors at Osaka expo
CHENNAI: Industries Minister TRB Rajaa inaugurated the state's pavilion at the World Expo 2025 in Osaka marking a renewed push to position the southern Indian state as a preferred destination for global investment. The Tamil Nadu showcase-part of the larger India Pavilion branded 'Bharat'will run till July 19, spotlighting the state's industrial strengths, policy ecosystem and cultural heritage. Rajaa said the visit marks a culmination of the state's sustained engagement with Japanese stakeholders over the past year. 'I am happy to announce that we have converted 100% of MoUs signed during our Japan visit in May 2023,' he said in a social media post, signalling strong follow-through on earlier investment commitments. The visit also aims to deepen trade and institutional ties with Japanese prefectures such as Ehime and Hiroshima, with which Tamil Nadu already has cooperation agreements. Meetings over the coming days are expected to explore new investment opportunities.
Time of India
09-07-2025
- Automotive
- Time of India
Hyundai India unveils HTWO Innovation Centre at IIT Madras to propel green hydrogen R&D
The upcoming 65,000 sq. ft. centre, to be located within the Discovery Campus of IIT Madras at Thaiyur, Chennai, marks a significant milestone in Hyundai 's ₹100 crore commitment to foster hydrogen innovation and sustainability in India. Hyundai Motor India Limited (HMIL), in collaboration with IIT Madras and Guidance Tamil Nadu, unveiled the design of its Hyundai HTWO Innovation Centre—an advanced research and development facility dedicated to green hydrogen technology. The upcoming 65,000 sq. ft. centre, to be located within the Discovery Campus of IIT Madras at Thaiyur, Chennai, marks a significant milestone in Hyundai's ₹100 crore commitment to foster hydrogen innovation and sustainability in India. Unveiled by Thiru. T.R.B. Rajaa, Minister for Industries, Investment Promotion & Commerce, Government of Tamil Nadu, the facility will serve as a hub for advanced computational labs, pilot-level test rigs, and containerised demonstrators for industrial-scale hydrogen products, stated the company. Developed in part through HMIL's CSR arm, Hyundai Motor India Foundation (HMIF), the initiative underscores the company's vision to power India's clean energy transition. Unsoo Kim, MD of HMIL, said, 'This initiative reflects Hyundai's commitment to 'Make in India' and our long-term vision to build scalable, affordable, and sustainable hydrogen solutions for the future.' Collaborative Platform for National Hydrogen Goals The HTWO Innovation Centre is developed in part through HMIL's CSR arm, Hyundai Motor India Foundation (HMIF). It is designed to be a collaborative platform uniting industry, academia, R&D institutions, and policymakers. Prof. V. Kamakoti, Director, IIT Madras, emphasised the centre's role in contributing to India's Net Zero targets by 2070, calling it a cornerstone for 'Atmanirbhar Bharat in the hydrogen sector.' Aligned with the Government of India's energy independence vision for 2047, the centre aims to develop digital twins of hydrogen infrastructure, improve electrolyser and fuel cell technologies, and enable pilot-scale evaluations. The facility also seeks to bridge talent gaps by nurturing a skilled hydrogen workforce and expanding the hydrogen value chain through public-private partnerships.
Time of India
08-07-2025
- Automotive
- Time of India
Hyundai, IIT-M join hands to set up Rs 180 cr hydrogen research hub in TN
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Tamil Nadu Industries Minister T R B Rajaa on Tuesday unveiled the design for the Rs 180-crore ' Hyundai HTWO Innovation Centre '-a hydrogen research hub to be established at the Discovery Campus of the Indian Institute of Technology initiative is the result of a collaboration between the Tamil Nadu government, Hyundai Motor India , and IIT Madras , formalised during the Tamil Nadu Global Investors Meet in January state-of-the-art R&D hub aims to serve as a catalyst for innovation in green hydrogen technology and its ecosystem. The centre is expected to be operational by design was unveiled at an event in Chennai by Minister Rajaa, in the presence of senior government officials and Hyundai Motor India MD Unsoo Kim."What the efforts of Hyundai Motor India and IIT Madras bring to my mind are the incredible capabilities of India, and we are here to celebrate exactly that. The possibilities that exist in this remarkable place are only now being recognised by the rest of the world," Rajaa said at the Tamil Nadu's role in national growth, he said the State is India's auto, electronics, and tech capital, driven by its strong talent base and culture of embracing education. "That's what IIT Madras represents-celebrating human capital and showing how people can be changemakers," he expressed hope that Tamil Nadu would become not just India's, but Asia's R&D capital."We should leapfrog into the future and solve tomorrow's problems-that's what we're doing here," he to Hyundai officials, 'HTWO' stands for 'H2' (the hydrogen molecule), while also symbolising 'Hydrogen' and 'Humanity' -the twin pillars of Hyundai's fuel cell business."HTWO is Hyundai's global identity for this initiative," a company official told Motor India MD Unsoo Kim said hydrogen is a key pillar in achieving global carbon neutrality "With the Hyundai HTWO Innovation Centre, we aim to foster an open platform for knowledge exchange by enabling collaboration between global expertise and India's green hydrogen ecosystem."He added that the initiative reflects Hyundai Motor India's commitment to 'Make in India' by empowering local innovation, nurturing talent, and supporting the development of scalable, affordable, and sustainable hydrogen across 65,000 sq ft at IIT Madras' Thaiyur campus, the Centre will feature advanced computational and experimental will focus on the development of digital twins of hydrogen infrastructure, customised test rigs, and fabrication lines, enabling pilot-level evaluation of electrolysers and fuel cells. The facility will also host test zones for containerised demonstrators of industrial-scale Madras Director V Kamakoti said the centre will engage with stakeholders across the hydrogen ecosystem-including academia, R&D labs, industry, and policymakers-at a global level."This initiative will support India's Atmanirbhar Bharat goals in the hydrogen sector and significantly contribute to sustainability and decarbonisation targets aimed at achieving Net Zero by 2070," Kamakoti facility will focus on advancing hydrogen solutions in the mobility and power sectors, with a strong emphasis on localisation of the hydrogen value chain, public-private collaboration, and pilot infrastructure development. PTI
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Business Standard
03-07-2025
- Business
- Business Standard
Tamil Nadu plans seafood exports of $5 bn, sets roadmap for blue economy
Tamil Nadu has set a 'massive target' of $5 billion in seafood exports annually and has a roadmap for it, said State Industry Minister T R B Rajaa on Thursday. Tamil Nadu has the second-longest coastline after Gujarat, but ranks seventh among seafood-exporting states after Andhra Pradesh, Gujarat, Karnataka, Kerala, Maharashtra and West Bengal. 'Tamil Nadu is charting an ambitious course to unlock our blue economy. We are setting a massive target for ourselves and the industry: $5 billion in seafood exports,' said Rajaa. The roadmap will focus on developing seafood infrastructure like processing units, cold chains and export-grade packaging facilities along the state's coastline. 'Our core idea is that we don't just want to be exporters of raw catch. Our goal is to add value right here within our coastal communities. This is also about creating better incomes, sustainable livelihoods, and stronger futures for our fishing communities,' he said. The roadmap was announced as the Marine Products Export Development Authority (MPEDA), which comes under the Union Commerce Ministry, organised the inaugural National Skill Olympiad on seafood value addition at the Seafood Expo Bharat in Chennai on Tuesday. India's seafood exports increased 3.71 per cent from 1.754 million tonnes in 2022–23 to 1.819 million tonnes in 2023-24. Tamil Nadu contributed 89,000.93 tonnes, almost 5 per cent. India's seafood industry faces global challenges. When President Donald Trump hiked tariffs, it cast a shadow over exports of aqua products to the US, which accounts for about 35 per cent of India's total seafood exports. In 2023–24, India exported 297,571 tonnes of frozen shrimp to the US, making it the largest market, followed by 148,483 tonnes to China, 89,697 tonnes to the European Union, and 52,254 tonnes to Southeast Asia. Shrimp accounts for 41 per cent of the volume and 66 per cent of the value of India's total marine exports. According to MPEDA, India exported 716,004 tonnes of frozen shrimp worth $4.88 billion in 2023-24.
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Business Standard
03-07-2025
- Business
- Business Standard
Tamil Nadu targets $5 bn seafood exports with major boost to blue economy
The government of Tamil Nadu is set to roll out a comprehensive roadmap to revive the state's seafood exports, with an ambitious target of $5 billion, State Industry Minister TRB Rajaa said on Thursday. Despite having the second-longest coastline in India after Gujarat, Tamil Nadu currently ranks seventh among seafood-exporting states, behind Andhra Pradesh, Gujarat, Karnataka, Kerala, Maharashtra, and West Bengal. Modern infrastructure, value addition key to revival 'With the second-longest coastline in India and rich marine wealth, Tamil Nadu is charting an ambitious course to unlock our blue economy. We are setting a massive target for ourselves and the industry: $5 billion in seafood exports,' said Rajaa. The roadmap will focus on developing end-to-end seafood infrastructure, including modern processing units, efficient cold chains, and export-grade packaging facilities across the state's coastline. 'Our core idea is that we don't just want to be exporters of raw catch. Our goal is to add value right here within our coastal communities. This is also about creating better incomes, sustainable livelihoods, and stronger futures for our fishing communities,' he added. MPEDA launches Olympiad to promote skills in value addition The initiative comes as the Marine Products Export Development Authority (MPEDA), a statutory organisation under the Department of Commerce, organised the inaugural National Skill Olympiad on seafood value addition. The event was held on Tuesday at the Seafood Expo Bharat in Chennai. The Olympiad, a first-of-its-kind initiative by MPEDA, aims to promote value addition in seafood exports and to build a skilled workforce in the sector. India's shrimp exports dominate, U.S. remains top market Seafood exports from India rose from 1.754 million tonnes in 2022–23 to 1.819 million tonnes in 2023–24, registering a 3.73 per cent growth in quantity. Tamil Nadu contributed 89,000.93 tonnes to the total during the year. India's seafood industry faces significant global challenges. When the Donald Trump administration announced a hike in tariffs, it cast a shadow over exports of aqua products to the U.S., which accounts for about 35 per cent of India's total seafood exports. In 2023–24, India exported 297,571 tonnes of frozen shrimp to the U.S., making it the largest market, followed by 148,483 tonnes to China, 89,697 tonnes to the European Union, and 52,254 tonnes to Southeast Asia. Shrimp account for 41 per cent of the volume and 66 per cent of the value of India's total marine exports. According to MPEDA, India exported 716,004 tonnes of frozen shrimp worth $4.88 billion in 2023–24, with the U.S. alone absorbing nearly 297,571 tonnes.
