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

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

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

Surat Airport to be tagged as an international airport soon. #aviation

Bharat Mart, India's proposed warehousing facility in the United Arab Emirates, could become functional by 2025, allowing Indian exporters to showcase their products under one roof, similar to China's Dragon Mart #Infra

https://t.co/jcOSRps4aL

Haryana announced the recruitment of 10,000 skilled workers for Israel in the construction sector, candidates must be class X graduate and fall within the 25 to 54 age group, expected salary of 1.34 lakh per month. #Jobs #ForeignAffairs

MoS for Science & Technology Jitendra Singh said in the Rajya Sabha on Thursday that the Atomic Energy Commission (AEC) has given its in-principle approval for uranium production capacity expansion at some existing units in Andhra Pradesh. #Nuclear #Mining

Oman India Joint Investment Fund announces 3rd tranche at Rs 2500 crore ($300 million). Fund focuses on channeling investments into India's high-growth sectors.

PS: Previous tranches wr at $100m & $200 m. Fund is 50:50 partnership btwn SBI & Oman Investment Authority.

An MoU regarding establishment of a Hindi chair in Oman's Dhofar University was also signed. #ForeignAffairs 🇮🇳🤝🇴🇲

Gyan Dairy, a fresh milk and dairy products manufacturer and a unit of Uttar Pradesh-based CP Milk & Food, has increased its milk production capacity to 15 lakh litres per day from 11 lakh litres per day.

https://t.co/IxKDdIY4Qg

#Opinion #Economy

GDP change (2014-23)

India +83% ✌️

China: +68%
USA: +53%
Germany: +14%
UK: +9%
France: +7%
Japan: -14%
Brazil: -14%

#Economy

Indian government announces one day of state mourning on Sunday as homage to Kuwait's ruling Emir Sheikh Nawaf Al-Ahmad, who passed away yesterday; National flag to be flown at half mast, no official entertainment on the day
#ForeignAffairs

Shipping giants Maersk, Hapag-Lloyd, French CMA CGM and Swiss MSC have halted all container shipments through the Red Sea despite two American aircraft carrier groups in the region. #InternationalNews #Geopolitics

India to add 56.6 mtpa of crude oil refining capacity by 2030.

Between 2014-2023, India added a total of 38.9 mtpa of refining capacity, of which 39 per cent was greenfield and the remaining 61 per cent was brownfield.

#Economy #Crude_Oil #Petroleum

https://www.thehindubusinessline.com/markets/commodities/india-to-add-566-mtpa-of-crude-oil-refining-capacity-by-2030/article67420290.ece

Akash Missile: Armenia Emerges Prime Contender As BDL Order Book Shows Export Order For Indian SAMs

Akash is a short-range SAM system manufactured by Bharat Dynamics Limited (BDL) to protect vulnerable areas and points from air attacks. According to the BDL website, the Akash Weapon System (AWS) can simultaneously engage Multiple Targets in Group Mode or Autonomous Mode. It has built-in Electronic Counter-Counter Measures (ECCM) features. The entire weapon system is put atop mobile platforms.

The project has an overall indigenous content of 82 percent, which will be increased to 93 percent by 2026-27.

#Defence #Export

https://www.eurasiantimes.com/akash-missiles-armenia-emerges-prime-contender/?amp

Gujarat has remained at the forefront of solar rooftop installations in India in the residential segment. Some 43% of the households which installed rooftop solar in the state saw a minimum reduction of Rs 1,000 per month in their power bills #Energy

https://t.co/aJNvay0xzD