Indian Development News 🇮🇳
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Three of the world’s top five economies are in Asia, but global norms and certification are still set in the North Atlantic. Neither China nor Japan has made a dent, this is an area where India can succeed. #Opinion
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Forwarded from Defence Squad (Defence Squad)
Report: Indian Army signed Ammunition Contract with Bharat Electronics Ltd signed to procure Electronic Fuzes for Artillery Guns of #IndianArmy.

The landmark contract is the first one to be signed for ammunition procurement under ‘Manufacture of Ammunition for Indian Army by Indian Industry’.The contract will also build up ammunition stocks to desired levels, minimise imports & achieve
self-sufficiency in ammunition manufacturing.

#AtmaNirbharBharat
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India's logistics costs have come down to below 9% of GDP, helped by rising state spending on roads, ports and digitisation.

The logistics costs were down in the range of 7.8% to 8.9% of GDP in 2021/22, compared to 8.8% to 10% of GDP in 2012/13

#Economy #Infra
https://t.co/gmKa96kUE0
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BIG BREAKING

DRDO has successfully Conducted the flight trials of Stealth Autonomous flying wing design SWIFT today at ATR facility in Chitradurga 🇮🇳

Till now 6 Successful flight Trials are done using 2 Prototype built by ADE.

Its a smaller version of bigger Ghatak UCAV #Defence #Drones #aatmanirbharbharat
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India's merchandise trade deficit narrowed to $20.58 billion in November from $31.46 billion in October #Economy
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After Gold, Silver trading has begun at IIBX, #GIFT City

🔹102 Qualified Jewellers & 22 Suppliers have been Onboarded
🔹3 Metric ton of silver traded in 30 minutes
🔹Govt sets target of 1,000 MT silver and 100 MT gold by next year

#Economy
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Jai Hind 🇮🇳
#VijayDiwas2023
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Mazagon Dock Shipbuilders Limited (MDL) has signed individual Shipbuilding contracts worth $42 million with European clients for the construction of three units of 7,500 DWT Multi-Purpose Hybrid Powered Vessels.

#MakeInIndia
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The Indian #Railways plans to run over 1,000 trains from different parts of the country to Ayodhya around the first 100 days of the inauguration of the newly built Ram Mandir, to cater to the demand.
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Sumitomo Chemical will build a new agrochemical plant in India.
It will obtain about 50 acres of land in Gujarat and aim to complete construction around 2027. The initial investment is expected to be over 5 billion yen ($35 million)

#MakeInIndia #agriculture
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NTPC Mining Ltd (NML) has produced 23.223 million tonnes of coal so far this financial year, just about exceeding its total output in all of FY23

It had recorded a year-on-year growth of 77% in coal production and 88% in terms of dispatch.

#Mining
https://t.co/SJb27EOTz6
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Hindustan Zinc on Thursday said it has started the deployment of #EV trucks at one of its mines. The company officially launched the first fleet of electric vehicles in partnership with Inland EV Green Services.

#MakeInIndia
https://t.co/rjcLEmaWvB
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Surat Airport to be tagged as an international airport soon. #aviation
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Indian Navy's warship and maritime patrol aircraft responded swiftly to a hijacking incident in the Arabian Sea involving the hijacking of Malta Flagged Vessel MV Ruen #InternationalNews
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