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Govt eases export #policy for civilian #drones and UAVs to make India a global drone manufacturing hub.

- GAED license for drones <25km range, <25kg payload

- Policy tweaks aimed at promoting India as global manufacturing hub

- Aligns with Foreign Traders Policy 2023

#MakeInIndia #Exports
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Prigozhin, head of Wagner has agreed to a proposal given by Lukashenko, the President of Belarus to stop the movement of armed personnel to Moscow and to take steps towards de-escalation. It is now on Shoigu and Gerasimov to reach agreement. #Geopolitics #InternationalNews
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Coinciding with Prime Minister Narendra Modi’s visit to the United States, fertiliser major IFFCO is starting #exports of the indigenously developed nano urea to the North American country. 

#MakeinIndia #agriculture
https://t.co/X9GcQwjUac
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FPIs have pumped in over ₹43,000 crore in Indian equities in May, which is the highest investment in nine months by FPIs.

#India #Economy

Link
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CM Yogi to inaugurate India's largest Robotic Manufacturing unit in Kasna, Greater Noida today

Addverb Technologies' facility is spread over 6 lakh square feet with capacity to manufacture 50k robots every year, which can be scaled up-to 10 times

Employment generation ~ 3000

#aatmanirbharbharat
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Egyptian President Abdel Fattah al-Sisi confers PM Narendra Modi with 'Order of the Nile' award, in Cairo

'Order of the Nile', is Egypt's highest state honour.

#ForeignAffairs 🇮🇳🤝🇪🇬
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India To Remove Retaliatory Tariffs On Eight US Products

https://ift.tt/c6KOha0
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BHP has unveiled plans to replace its fleet of diesel trucks with electric trucks, in a staged transition that will not only reduce the company’s scope 1 emissions but also provide huge savings on operational costs.

#EV
https://t.co/0zhjVFHCbd
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Manufacturing facilities have been set up at 125 locations across 16 States – Maharashtra, UP, AP, Rajasthan, Uttarakhand, Gujrat, Haryana, Tamil Nadu, Himachal, Karnataka, Goa, Dadra, MP, Punjab, Telangana and West Bengal.

As against an estimate of 47,851 direct jobs for the full scheme period, 37,981 direct jobs have already been created till March, ‘23.

Total 64 companies have been approved with committed investments of Rs 6,766 crore. 13 foreign owned companies like Daikin, Hitachi, LG, Mettube, Midea, Mitsubishi, Nidec, Panasonic etc. are investing Rs 2,090 crore, which is about 30% of all investments.

And all these investments are being realized on ground. As against a cumulative threshold of Rs 1,010 crore by March ’23, total Rs 2,002 crore investments have been grounded. All of 15 companies opting for FY22 as the gestation period have commenced production.

#MakeinIndia
https://t.co/g97HYzan2Z
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Croda International Plc has opened its new global technical centre at Genome Valley in Hyderabad.

Croda recently performed ground-breaking for a new greenfield manufacturing plant at Dahej in Gujarat.

#MakeinIndia
https://t.co/kgzAjD5fjz
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The surge in wearables manufacturing in India is impacting Chinese assembly lines adversely, with many factories in that country facing a sharply reduced order book

By the end of 2022, 40% of total wearables sold were locally manufactured. This figure has swiftly climbed to 65% currently and is expected to rise to 80% by the end of 2023.

Dixon and Optiemus, two of the largest electronics contract manufacturers of wearables, are steadily ramping up printed circuit boards capabilities in India, which is a step towards increasing domestic value addition.

#MakeinIndia
https://t.co/VWYCuybMH7
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