Indian Development News 🇮🇳
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Solar Group Chairman Satyanarayan Nuwal receives Padma Shri award from President Droupadi Murmu for his contribution to India's #defence manufacturing ecosystem
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Indian Development News 🇮🇳
Quad foreign ministers meet in Delhi on 26th May. #Geopolitics
🇺🇸🇮🇳🇦🇺🇯🇵 QUAD FMs begin their press engagement -

Quad annouces initiatives for critical minerals, energy security, port infra, martime surveillance.

Quad to engage to deal & counter scam centers issues from South East Asia, says Australia FM

Quad to help develop Fiji's port infrastructure

#ForeignAffairs
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Indian Development News 🇮🇳
India is set to witness Nautapa, the most intense phase of summer heat, from May 25 to June 2. Stay safe! #Climate
Good news for North & East India... A massive Western Distrubance (WD) will hit India from May 29 - June 3 bringing Rainfall

#Climate
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The US has emerged as the second largest source of foreign direct investment into India during the last financial year, overtaking Mauritius. Singapore remained the top source, registering a healthy increase. #Economy
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The Union government will invite applications from states for 50 industrial parks in the next four months under the newly launched Bhavya scheme, with the first 50 parks targeted to become operational within three years

The Bharat Audyogik Vikas Yojana, which received Union Cabinet approval on March 18, 2026, has a financial allocation of Rs 33,660 crore and aims to set up 100 industrial parks across the country in challenge mode #Policy #Economy
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UP secured ~₹5,000 cr in new solar manufacturing for YEIDA, adding 7 GW capacity. CESC Green Power to invest ₹3,805 cr for 3 GW solar cell/module unit on 100 acres. Integrated Batteries India to invest ₹1,146 cr for 4 GW solar PV cell unit on 25 acres.

17 companies got allotment letters for solar, electrical, electronics, EV, smart infra, and IT projects. Other key investments: Advance Panels ₹66 cr for transformers/EV chargers, NDSB ₹40.52 cr for smart meters, Vega Industries ₹91 cr for appliances.

Projects to create 12,000+ jobs, with CESC alone adding 5,000. YEIDA is emerging as a key green energy and electronics hub. #Solar #Energy
[Source]
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Aggreko India will invest ~₹400 cr to build its largest engineering/manufacturing facility outside Scotland in Phulgaon, Pune.

The MoU with Maharashtra, signed in the presence of CM Fadnavis, aims to create 1,000 jobs over 10 years. Work starts this year.

State promises fast approvals and incentives. Project will also boost local MSMEs via global supply chains. #MakeinIndia
[Source]
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Indian Development News 🇮🇳
Hyderabad Metro Rail Limited invited bids for selection of consultants for preliminary report, DPR for 11 Metro of 278 KM Metro Rail corridors in single tender. #Metro #Infra
IRFC signed a ₹13,527 cr 20-year term loan with L&T Metro Rail Hyderabad to refinance Hyderabad Metro debt.

The move follows Telangana govt’s 100% takeover of L&TMRHL, making it state-owned. Refinancing replaces high-cost NCDs, commercial papers, and loans with cheaper rupee debt, no fees or prepayment penalties.

Backed by state guarantee and RBI debit mandate, it improves financial stability for the 69.2 km, 57-station PPP metro serving 5+ lakh daily riders and supports future expansion.

IRFC CMD Manoj Kumar Dubey said it shows IRFC’s role in long-tenor infra financing and creates a replicable model for urban transit. #Railways
[Source]
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Kolkata International Airport Secondary Runway to be expanded, says WB CM Suvendu Adhikari #Policy #Aviation
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Government forms high-level committee to track demographic shifts

The Union Home Minister said the committee would be chaired by retired Justice Prakash Prabhakar Naolekar and include former IAS officer Durga Shankar Mishra, former IPS officer Balaji Srivastava and economist Dr Shamika Ravi as members.



#NationalSecurity
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US and India sign bilateral Critical Minerals Framework - will engage in international efforts to protect sensitive supply chains from coercive market practices and reduce our collective vulnerability to single-source monopolies.

The US is mobilizing more than $30 billion in letters of interest, investments, loans, and other support to protect supply chains.

#Geopolitics
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PM Modi will visit Australia very soon, announces Australian FM Penny Wong #ForeignAffairs
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Index of Industrial Production (IIP) gets a major overhaul!

Base year updated to 2022-23 (from 2011-12), with the new series launching on June 1.

The basket now includes rare earth minerals, gas supply, water & waste management, and splits electricity into renewable vs non-renewable.

1,042 products mapped to 463 item groups for better representation of today’s industrial structure. #Policy #Economy
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Bengaluru-based Danta Innovations has developed the world's first All-Composite Artillery Barrel (155mm/52 cal) reducing the weight by 70% from 1,400 kg to just 420 kg.

Sustaining 10rds/minute this has enormous potential towards development of lighter more mobile artillery guns.

Danta has also developed all composite missile casings, rocket launcher bodies & pressure vessels. #Defence #Startups #aatmarnirbharbharat
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Most of India's drone motors come from China.

In 2019, the founders of Vector Technics, Prudhvi Raj & Karna Raj, set out to change that in a 400 sq. ft. Hyderabad office.

Today, Vector Technics is India's largest indigenous drone motor manufacturer, producing 5k motors/month. #Drones #aatmarnirbharbharat

https://youtu.be/TRDK1WZVLA4?si=0W6MDA-qQjjWHlcC
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