Indian Development News 🇮🇳
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Indian Development News 🇮🇳 pinned «Breaking: RM Rajnath Singh released a new documentary on #OpSindoor on the occassion of #SindoorAnniversary. There's some new footage here. https://youtu.be/jN3oEXUKbf4?si=afgGZ-uH-PwWqxMw»
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India just became the $100 Billion revenue GCC superpower in FY26. This is up from ~$56B just two years ago.

• 2,117 GCCs operational
• 2.36 Mn professionals employed
• 583 centres doing $100M+ revenue each
• 75%+ driving AI transformation

MNCs are shifting mission-critical innovation, AI, product & engineering work to India. #IT #Economy #Ai
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Governor of West Bengal, RN Ravi, has issued an Order dissolving the West Bengal Legislative Assembly with effect from 07 May 2026.

#Politics
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ITOL to establish hybrid VTOL drone manufacturing unit in Jalpaiguri. Private initiative targets agriculture, tea, tourism, government, and defense sectors. Focus: accessibility and monitoring in forests and remote zones. Construction begins early 2027 upon approval. #Drone #defence
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Uttar Pradesh's defence sector is growing significantly, with over Rs 35,000 crore in investments realized across six industrial corridors. These hubs manufacture small arms, ammunition, missiles, and advanced engineering products.
#Defence
Source
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Missile system developed by an Odisha-based defence startup!!

IG Defence has showcased “JWALA” - a short-range, fast-response missile system designed for precision strikes using advanced guidance systems.

It is 100% indigenous design and manufacturing. #Defence
#aatmarnirbharbharat
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#Opinion - Bengal needs a KPS Gill.
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US trade court blocks Trump tariff

- Court rules 10% global tariff 'illegal'

- Court blocks Trump's 10% global tariff

- 2-1 ruling against Trump trade move

#InternationalNews
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DRDO and the Indian Air Force successfully conducted the maiden flight-trial of Tactical Advanced Range Augmentation (TARA) weapon off the coast of Odisha on May 07. TARA, the modular range extension kit, is India’s first indigenous glide weapon system to convert unguided warheads into precision guided weapon. #aatmarnirbharbharat #Defence
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Hyderabad-based Azista Aerospace used its 80-kg AFR satellite to image the ISS from 245–300 km, marking India’s first private-sector in-orbit surveillance capability. Firm is developing a 2027 constellation with 500-km swath and onboard edge computing for defence and SSA use cases. #Space

https://t.co/ei56oAPX5E
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NRB Bearings is pivoting to aerospace and defense with over ₹100 crore in investment.

This includes a ₹27.5 crore acquisition of Bengaluru-based Mahant Tool Room and a ₹67 crore joint venture with Italian firm Unitec S.r.L. Leveraging MTR’s aircraft engine components and Unitec’s expertise

#Aviation
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Mumbai-based Manastu Space has successfully cleared thermovac testing at IN-SPACe facility (Ahmedabad) of it's micro-propulsion system for cube satellites. #Space
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🇮🇳🤝🇻🇳 India has fast-tracked the $500 Million #Defence Line of Credit to Vietnam, allocating $300 Million for 14 high-speed patrol boats and 3-4 offshore patrol vessels, while the remaining $200 Million for submarine batteries & naval warship upgrades. #Geopolitics
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𝗧𝗶𝘁𝗮𝗴𝗮𝗿𝗵 𝘁𝗼 𝗺𝗮𝗻𝘂𝗳𝗮𝗰𝘁𝘂𝗿𝗲 𝗯𝘂𝗹𝗹𝗲𝘁 𝘁𝗿𝗮𝗶𝗻𝘀 𝗶𝗻 𝗕𝗲𝗻𝗴𝗮𝗹.

Titagarh Rail Systems committed ₹600 crore to a new #shipbuilding venture and plans to enter the high-speed rail sector using existing Bengal facilities. The company aims to expand metro and commuter rail capacities with potential investments of several thousand crores in the coming years.

Policy alignment in West Bengal could enable faster clearances and incentives, allowing Titagarh to accelerate capital deployment and gain an early-mover advantage in shipbuilding and bullet train manufacturing.
#Railways #Manufacture
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