Indian Development News 🇮🇳
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Mumbai-based IdeaForge is exploring UAV-to-UAV aerial deployment (Project ALE) where one drone carries, positions & deploys another drone mid-air.

#Drones #Startups
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🇮🇳🤝🇫🇷 India issues Letter of Request to France for Rs 3.25 lakh crore 114 Rafale jet deal, 94 jets to be #MakeInIndia. #Defence

Source
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Indian Development News 🇮🇳
Modi Govt Sanctions 23 Lakh Loans To Street Vendors Under PM SVANidhi Scheme https://t.co/MN6y2dvryT
PM SVANidhi beneficiaries using digital payments reported 2x higher average monthly income growth than non-digital vendors. The scheme sanctioned 94 lakh+ loans worth ₹14,000 crore since 2020. Digital transaction-linked cashback and credit history improved access to repeat loans and formal lending. #Economy
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🇮🇳🤝🇰🇷🛰️ Bengaluru-based Bellatrix Aerospace has signed a MoU with South Korea-based TelePIX to develop a Very Low Earth Orbit (VLEO) imaging satellite.

#Space #Startups
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Indian chip startups moved from prototypes to production as 20+ semiconductor firms taped out chips in the last 3 years. Govt allocated ₹76,000 crore under the semiconductor programme. Firms including Mindgrove and InCore shipped commercial silicon as India added fab, ATMP and design capacity. #semiconductor #startups #aatmarnirbharbharat
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Indian Development News 🇮🇳
India targets reduction in USD 50 Bn annual petrochemical imports • India is exploring local production of over 200 petrochemical products to cut import reliance •DPIIT has asked industry stakeholders for input on domestic manufacturing feasibility urgently…
DPIIT began localisation analysis of India’s 500 most-imported items to cut the import bill and identify domestic manufacturing gaps.

DPIIT analyzing production capacity, bottlenecks, import dependence for items like machinery, fertilisers, chemicals, plastics, silicon wafers, carbon fibres, cotton staple fibre. #MakeinIndia
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Indian Development News 🇮🇳
🇮🇳🤝🇨🇱 India will soon conclude a free #trade agreement with Chile, which will help secure access to critical minerals, India's trade Minister Piyush Goyal #ForeignAffairs #Geopolitics
Chile offered Indian firms access to copper, lithium and cobalt mining projects as India-Chile CEPA talks entered the final phase. Chile holds >20% of global copper reserves and 30% of lithium reserves. Both sides target CEPA completion in Q3–Q4 2026 to secure critical mineral supply chains. #Mining
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Indian Development News 🇮🇳
BREAKING: India to Divert Chenab Waters to Beas Basin by building a 8.7 km inter-basin water diversion tunnel in Himachal Pradesh. India to also build a Tunnel for sediment management at Salal Dam. 2 Major Chenab Projects Worth Rs 2600 Crs. #Water #Infra…
Union Govt is planning two major Link Project on Chenab River

1. Linking Chandrabagha (Chenab) to Beas River in Himachal Pradesh

2. Linking Chenab River to Tawi River, diverting water from Akhnoor to Udhampur, which will finally divert Water from entering into Pakistan just before crossing the International Border.

3. A numbers of Dams are under Various Stages of Construction/Tender/Pre Tender Phases on Chenab River and its Tributary

Construction Stage (Phase 1)

1. Pakul Dul – 1000 MW
2. Ratle – 850 MW
3. Kiru – 624 MW
4. Kwar – 540 MW

Tender/Clearance Stage (Phase 2)

1. Sawalkote – 1,856 MW
2. Dulhasti-II – 260 MW

Pre Tender Stage (Phase 3)

1. Bursar – 1,250 MW
2. Kirthai-I – 930 MW
3. Kirthai-II – 390 MW

#IndianSubcontinent
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AirTrunk to invest $21 billion in India data centre #AI #Infra #Tech

https://t.co/RvrRhwherL
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Iran ends negotiations with US and vows to 'completely' block the Strait of Hormuz - IRGC says.
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DRDO has successfully conducted a trial of a high-calibre bomb at the TBRL facility in Haryana 🇮🇳💥

Test required a 2km danger zone, with fragments projected up to 1.5 km-pointing to a very large warhead and future heavy air-delivered, bunker-busting, or LRPGM strike munitions. #Defence
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India’s industrial output grew 4.9% in April under the new IIP series, while manufacturing output increased 6.2%. The new series uses 2022-23 as the base year versus 2011-12 earlier. Manufacturing carries ~77% weight in the revised Index of Industrial Production. #Economy

https://t.co/mfeoTE2ZvP
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India's cumulative investments of nearly $360 billion in infrastructure development over the last decade has significantly slashed India's logistics cost to 10-10.7 percent of GDP in FY 2026

Reflecting this progress, the report said India's position in the global Logistics Performance Index (LPI) improved from 54th in 2014 to 38th in 2023.

#Infra #Economy #Reforms
https://t.co/m5JIstal7e
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