Indian electronics manufacturers are partnering with South Korean, Taiwanese and Japanese firms instead of relying on Chinese JVs for the ₹22,919 crore electronics components incentive scheme. The programme targets domestic value addition beyond the current ~20% and applications close in July 2026. #Tech #MakeInIndia

India has begun developing a City Economic Product (CEP) methodology to estimate GDP for 496 cities with populations above 100,000 and 53 cities above 1 million. Urban areas contribute ~70% of India's economic output, and CEP will standardize city-level GDP measurement. #Policy

ACME Group–IHI Corp secured $5 billion in Japanese government price support for two green ammonia projects. The backing covers 228,000 TPA for 25 years from 2030, while the Odisha project targets commissioning by July 2030. The support underwrites long-term green ammonia exports to Japan. #MakeInIndia

https://t.co/CoGKsY8vo4

🇮🇳🤝🇸🇬 Tata Communications will invest $152 million in India–Singapore subsea cable infrastructure. The company will add 98 Tbps of capacity through $63 million for the MIST cable (ready Q4 FY27) and $89 million for Project CS (ready Q3 FY31). The projects expand cross-border data capacity. #Telecom #Infra

https://t.co/F9kGoQDi2j

India's June 2026 auto sales stayed positive as passenger vehicles, SUVs, commercial vehicles and tractors recorded year-on-year growth. Mahindra sold 1,06,207 vehicles (+37%), Maruti Suzuki 2,00,390 units (+19%), and Tata Motors PV 63,083 units (+69%). #Automobile #Economy

Hero MotoCorp has announced a ₹3,200 crore investment in Andhra Pradesh over the next 3 years, including a ₹750 crore global parts centre in Tirupati, to build a world-class manufacturing and electric mobility hub, strengthen its global supply chain, and reinforce India’s role in the automotive ecosystem, with chairman Pawan Munjal highlighting the company’s “Made in India, for India and the world” vision. #Automotive #MakeinIndia

🇮🇳🤝🇯🇵 We will develop the relationship as brother, sister says Japan PM Sanae Takaichi

Earlier PM Modi called the Japanese PM Sanae Takachi as his "Little Sister"

#Geopolitics

Indian Navy's INS Trikand deployed in anti piracy mission thwarts piracy bid in Gulf of Aden.

Indian Navy MARCOS commandos board MV Golden Arsenal with Indian crew and critical cargo, pirates flee as warship approaches.

#Defence

Hyderabad-based MEIL and Abu Dhabi’s Analog have formed a 50:50 joint venture to introduce physical intelligence in India, investing $300–500 million over the next 3 years; the partnership, led by MEIL’s and Analog’s will apply AI-driven robotics to improve infrastructure, mobility, public safety, and urban transformation, starting with a traffic congestion project in Hyderabad. #MakeinIndia

Cabinet approved two road infra projects worth 14,000 Crore

8km, 6 six-lane tunnel in Delhi worth 6,970 crore

242km accesscontrolled Highway connecting kanpur-kabrai #Infra

India’s capital expenditure rose 30% YoY to ₹14.5 trillion in April–June, driven by #nuclear power and #data centres, which account for nearly three-fourths of new project announcements. Traditional sectors like #manufacturing, #mining, and transport services continue to decline, revealing a lopsided investment boom.

Record ₹2.74 Trillion Outflow Hits India’s Markets In H1 2026 #Economy

Dell Technologies has shifted most of its server production to India, expanding local manufacturing under the government’s Production Linked Incentive (PLI) scheme to meet rising demand for data sovereignty, AI adoption, and hybrid infrastructure.

The company aims to serve both domestic and #exports markets, with leaders highlighting AI’s role in boosting efficiency and job creation. #MakeinIndia

The Indian Army is operationalizing its first Integrated Battle Groups (IBGs) this month, starting with the Panagarh-based XVII Mountain Strike Corps facing China.

These agile, brigade-sized units of over 5,000 troops—including infantry, artillery, engineers, service corps, and medical support—are designed for rapid deployment in mountainous terrain to enable swift, self-contained operations without mobilizing the entire corps. #Defence

India & Japan have signed an agreement for fitment of Unified Complex Radio Antenna (UNICORN) mast onboard Indian Navy warships, first major defence project between the two countries. #Defence

India’s Ministry of Statistics and Programme Implementation(MoSPI) is building a harmonised, citizen‑centric data ecosystem by connecting siloed government databases, standardising definitions, ensuring data quality, and introducing unique identifiers. With AI and advanced analytics, the initiative aims to turn administrative records into actionable intelligence, enabling evidence‑based policymaking and smarter governance. #Policy

The National Highways Authority of India (NHAI) has reduced its debt by 43 per cent from its FY22 peak to below ₹2 lakh crore, marking a major milestone in its balance-sheet clean-up.

Source - Business Line


#Reforms

India Has Issued NOTAM For Aerial Activity (Likely Missile Test) In Bay Of Bengal Region.

From:08/07/2026 , 10:30 IST Until:10/07/2026 , 16:30 IST

V-Limit:Surface-Unlimited

#defence

🇮🇳🤝🇯🇵 Japan's investments in India #Investment #Geopolitics