Indian Development News 🇮🇳
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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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Venezuela's Acting President Delcy Rodríguez to visit India from 3rd June #ForeignAffairs
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SEDEMAC Mechatronics, IIT Bombay SINE incubatee from 2008, hit $1B+ market cap today - first as listed company.

Founded by Prof. Shashikanth Suryanarayanan & students on IITB research. Makes deep-tech auto/industrial controls: ECUs, ISG, EFI, AMT controllers, EV/motor/genset controls.

SEDEMAC secured global patents for their unique sensorless electric machine control method, #Aatmarnirbharbharat
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Maharashtra removes nearly 80 lakh beneficiaries after scrutiny, including 14,000 men, 5 lakh government employees, around 10 lakh income-tax payers, and several lakh households that owned vehicles. #Policy #Reforms
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India may reconsider some concessions under the free trade agreement with the UK if its steel exports do not receive relief from the proposed safeguard duties, a senior government official in New Delhi says #Trade #Geopolitics

https://t.co/zcJ7gF6pek
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