Archive · 4 Aug 2025
New State-Run Ventures Launched in July, Focused on Tech and Energy
In July, India saw the launch of several new companies.
These include projects like a center in Kerala that will work with hydrogen and a quantum computing center in Andhra Pradesh, which will be helped by companies like IBM and Tata Consultancy Services.
The government also started new power companies.
More and more businesses are starting up in India, especially in the services sector, thanks to easier rules.
New ventures include a Hydrogen Valley Innovation Cluster in Kerala and Amaravati Quantum Computing Centre Ltd in Andhra Pradesh.
The Kerala cluster will focus on hydrogen production, storage, distribution, and research.
Amaravati Quantum Computing Centre Ltd is partnering with IBM and Tata Consultancy Services.
The Union government established three power transmission companies in July.
The number of companies incorporated has significantly increased since the implementation of the Companies Act 2013.
- Who
- Government and private companies
- What
- New companies, including ventures in green hydrogen and quantum computing, were established.
- When
- July
- Where
- Kerala and Andhra Pradesh
- Why
- To promote energy transition, technological advancement, and infrastructure development.
- Companies Set Up in July
- 7 public sector companies
- Kerala Cluster Focus
- Green hydrogen value chain
- Partners of Amaravati Quantum Computing Centre
- IBM and Tata Consultancy Services
- Companies Act Implementation
- Increased ease of incorporation
- Percentage of Service Sector Businesses
- 72%