Air Cargo Growth Hits Fast Lane On E-comm, Exports
🔹 Airports handled 10.8 lakh tonnes in Apr-Jun, up 12% YoY; intl cargo +14% to 6.78 lakh tonnes; 18% revenue growth ex-India
🔹 Demand from e-comm (70% of express shipments), pharma, electronics, semiconductors, EVs; Egypt Air, Hong Kong Cargo, Qatar Airways add flights
🔹 Iran-US airspace curbs push cargo via Middle East; Asia-Pac carriers gain, Singapore Air +26% tonnage; Air India, IndiGo benefit from high rates
🔹 Air India adds 6 transshipment hubs incl Copenhagen, London; Chennai-Frankfurt via Delhi tonnage to jump 1,763 → 3,183 tonnes, +∼80%
#Ports
🔹 Airports handled 10.8 lakh tonnes in Apr-Jun, up 12% YoY; intl cargo +14% to 6.78 lakh tonnes; 18% revenue growth ex-India
🔹 Demand from e-comm (70% of express shipments), pharma, electronics, semiconductors, EVs; Egypt Air, Hong Kong Cargo, Qatar Airways add flights
🔹 Iran-US airspace curbs push cargo via Middle East; Asia-Pac carriers gain, Singapore Air +26% tonnage; Air India, IndiGo benefit from high rates
🔹 Air India adds 6 transshipment hubs incl Copenhagen, London; Chennai-Frankfurt via Delhi tonnage to jump 1,763 → 3,183 tonnes, +∼80%
#Ports
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India and the UK are set to sign an Inter-Governmental Agreement to co-design, co-develop, and co-produce Integrated Full Electric Propulsion systems for the Indian Navy.
GE Vernova and BHEL will build India’s first maritime Land-Based Testing Facility to support the programme.
The IFEP tech will first power 4 Landing Platform Docks, with plans to scale to larger warships above 6,000 tonnes and retrofit older vessels.
This builds on the Statement of Intent signed in Portsmouth in November 2024. #Defence
GE Vernova and BHEL will build India’s first maritime Land-Based Testing Facility to support the programme.
The IFEP tech will first power 4 Landing Platform Docks, with plans to scale to larger warships above 6,000 tonnes and retrofit older vessels.
This builds on the Statement of Intent signed in Portsmouth in November 2024. #Defence
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Greenko-Backed AMI To Install 9k Nvidia Vera Rubin Chips, Among first in asia
🔹 Ordered 9,000 Vera Rubin GPUs, delivery Q1 2027 in Hyderabad
🔹 Among earliest adopters in Asia, 10x throughput vs Blackwell
🔹 Chips 40-80% costlier, but 10x lower cost/token
🔹 Phase-1: 30 MW in Q1 2027; 200 MW in 18 months; $8 bn capex
🔹 Global plan: 5 GW data centre capacity across India, Malaysia, Finland, US
🔹 Funding: $1.5 bn equity via Morgan Stanley + $1.5 bn GPU debt from Japan banks
#Ai #Jobs
🔹 Ordered 9,000 Vera Rubin GPUs, delivery Q1 2027 in Hyderabad
🔹 Among earliest adopters in Asia, 10x throughput vs Blackwell
🔹 Chips 40-80% costlier, but 10x lower cost/token
🔹 Phase-1: 30 MW in Q1 2027; 200 MW in 18 months; $8 bn capex
🔹 Global plan: 5 GW data centre capacity across India, Malaysia, Finland, US
🔹 Funding: $1.5 bn equity via Morgan Stanley + $1.5 bn GPU debt from Japan banks
#Ai #Jobs
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Indian Development News 🇮🇳
Update on Indian nationals rescued in Nepal. 21 Indian nationals from Tamil Nadu, who travelled for the Kailash Mansarovar Yatra, have been rescued in Nepal. #indiansubcontinent
63 Indian Workers rescued from Nepal who were working in Trishuli-I Project #IndianSubcontinent
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India's Merchandise Exports Rise 15% To $25 Bn In Aug 1-21
🔹 Aug 1-21 exports +15% YoY to >$25 bn; FY26 till Aug 21 crosses $200 bn
🔹 Apr-Jul exports $173.78 bn, +17.04%; July alone $44.24 bn, +19.63%
🔹 Drivers: petroleum products, electronics (mobiles), engineering goods; textiles under pressure
🔹 Rupee depreciation adds competitiveness vs rivals
🔹 Top growth mkts: China, SE Asia, Africa in Apr-Jul; engineering exports July +18% to $12.2 bn
🔹 Govt target: $1 tn total exports in FY27; $530 bn goods + $470 bn services vs $863 bn in FY26
#Economy #Exports
🔗 Economic Times
🔹 Aug 1-21 exports +15% YoY to >$25 bn; FY26 till Aug 21 crosses $200 bn
🔹 Apr-Jul exports $173.78 bn, +17.04%; July alone $44.24 bn, +19.63%
🔹 Drivers: petroleum products, electronics (mobiles), engineering goods; textiles under pressure
🔹 Rupee depreciation adds competitiveness vs rivals
🔹 Top growth mkts: China, SE Asia, Africa in Apr-Jul; engineering exports July +18% to $12.2 bn
🔹 Govt target: $1 tn total exports in FY27; $530 bn goods + $470 bn services vs $863 bn in FY26
#Economy #Exports
🔗 Economic Times
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Yantra India Limited is investing over ₹750 crore to upgrade its Metal and Steel Factory in Ishapore with a new hydraulic press and radial forging plant, aimed at boosting domestic defense manufacturing of gun barrels and specialized components. This modernization effort is set to reduce foreign imports while strengthening regional MSME ecosystems. #MakeinIndia #Steel
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Gujarat Unveils Flexible Industrial Policy, Thrust On R&D & Relocation
🔹 Units can pick own mix of capital, interest, power tariff subsidies up to ceiling
🔹 Sector-agnostic policy; 21 thrust sectors get extra benefits
🔹 No min capex barrier; even micro enterprises eligible
🔹 R&D push: Gujarat Research & Innovation Park; first 5 centres (≥₹300 cr) get higher capex support
🔹 Other entrants still get opex, IPR, patent support
🔹 Project THRIVE: incentives to shift units from urban to planned estates; lower transfer fees, relaxed FSI, wage & housing support
🔹 Workforce housing: 80% cost support up to ₹40 cr for dorms, working women hostels near clusters
🔹 Women entrepreneurs: return-to-work accelerator, rental aid, +1% interest subsidy
🔹 Startups: ₹25k/month for 1 yr (₹30k if woman co-founder; 2 yrs for high-tech/biotech/green); seed support up to ₹50 lakh
#Policy
🔹 Units can pick own mix of capital, interest, power tariff subsidies up to ceiling
🔹 Sector-agnostic policy; 21 thrust sectors get extra benefits
🔹 No min capex barrier; even micro enterprises eligible
🔹 R&D push: Gujarat Research & Innovation Park; first 5 centres (≥₹300 cr) get higher capex support
🔹 Other entrants still get opex, IPR, patent support
🔹 Project THRIVE: incentives to shift units from urban to planned estates; lower transfer fees, relaxed FSI, wage & housing support
🔹 Workforce housing: 80% cost support up to ₹40 cr for dorms, working women hostels near clusters
🔹 Women entrepreneurs: return-to-work accelerator, rental aid, +1% interest subsidy
🔹 Startups: ₹25k/month for 1 yr (₹30k if woman co-founder; 2 yrs for high-tech/biotech/green); seed support up to ₹50 lakh
#Policy
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INS Samarthak – The first indigenous multi-purpose vessel of Indian Navy
🔹Samarthak, the first Multi-Purpose Vessel (MPV), built by Larsen & Toubro Ltd. (L&T), Kattupalli, was delivered to the Indian navy.
🔹The ship comprises over 75 percent indigenous content and has been conceived as a versatile trial and evaluation platform.
🔹Further, the ship is engineered to perform maritime surveillance and reconnaissance, Offshore patrolling and support Humanitarian Assistance and Disaster Relief operations, when required. #Defence
🔹Samarthak, the first Multi-Purpose Vessel (MPV), built by Larsen & Toubro Ltd. (L&T), Kattupalli, was delivered to the Indian navy.
🔹The ship comprises over 75 percent indigenous content and has been conceived as a versatile trial and evaluation platform.
🔹Further, the ship is engineered to perform maritime surveillance and reconnaissance, Offshore patrolling and support Humanitarian Assistance and Disaster Relief operations, when required. #Defence
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Indian Development News 🇮🇳
Photo
Thoothukudi is establishing two major space industrial parks to support the upcoming Kulasekarapattinam spaceport:
The 890-acre Propellant Park in Kulasekarapattinam for rocket propellant manufacturing (DPR and land acquisition underway; MoUs signed with Premier and Solar Explosives)
The Space Manufacturing Park in Allikulam for end-to-end rocket and satellite production, featuring a TIDCO/IN-SPACe Common Technical Facility and MoUs with Agnikul Cosmos and Skyroot Aerospace. #Space
The 890-acre Propellant Park in Kulasekarapattinam for rocket propellant manufacturing (DPR and land acquisition underway; MoUs signed with Premier and Solar Explosives)
The Space Manufacturing Park in Allikulam for end-to-end rocket and satellite production, featuring a TIDCO/IN-SPACe Common Technical Facility and MoUs with Agnikul Cosmos and Skyroot Aerospace. #Space
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🛫🇮🇳 India's Cochin Airport expands green footprint with 50 MWp solar plant.
#energy #solar
Key Highlights -
🔘 World’s first fully solar-powered airport
🔘 250M+ units green power generated
🔘 1.6M tonnes CO₂ avoided
🔘 Solar farms, rooftops, carports + floating solar
🔘 Adding hydropower, EVs & green-hydrogen
#energy #solar
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India To Roll Out $1.4 Bn Scheme For Battery Components
🔹 Fresh incentive worth ₹13,000 cr ($1.37 bn) for advanced battery component makers
🔹 Covers 5 key parts: anode & cathode active materials, electrolytes, separator film, copper foil
🔹 Aim: cut dependence on China; most cell makers currently import these parts
🔹 To complement ₹18,100 cr ACC PLI scheme; addresses supply chain snags for local cell makers
🔹 Proposal headed to Finance Ministry's Expenditure Finance Committee after inter-ministerial talks
🔹 Push for energy security, EV & storage; India needs 200kT AAM + 400kT CAM by 2030 for 223 GWh capacity
#Policy #Batteries
🔗 Economic Times
🔹 Fresh incentive worth ₹13,000 cr ($1.37 bn) for advanced battery component makers
🔹 Covers 5 key parts: anode & cathode active materials, electrolytes, separator film, copper foil
🔹 Aim: cut dependence on China; most cell makers currently import these parts
🔹 To complement ₹18,100 cr ACC PLI scheme; addresses supply chain snags for local cell makers
🔹 Proposal headed to Finance Ministry's Expenditure Finance Committee after inter-ministerial talks
🔹 Push for energy security, EV & storage; India needs 200kT AAM + 400kT CAM by 2030 for 223 GWh capacity
#Policy #Batteries
🔗 Economic Times
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Nepal Police have issued an alert; tweets, "Information has been received that the water dam on the Tibetan side has burst again. Therefore, all security personnel, rescue workers involved in rescue and relief operations, and the general public are requested to remain immediately alert and move to safe locations or notify others. #IndianSubcontinent
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Vantortech imagery shows the Rasuwagadhi crossing between Nepal and China completely wiped out by the glacial flood. #IndianSubcontinent
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IIT Bombay is leading a consortium to create a wafer-scale two dimensional material for #quantum devices.
#Research #semiconductor
#Research #semiconductor
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Indian Development News 🇮🇳
Ministry of Defence has initiated efforts in a concerted manner to co-join the 6th Generation Fighter Aircraft Development Programme viz. Future Combat Air System (FCAS) spearheaded by the French Government”: Ministry of Defence to Standing Committee on Defence…
UK confirms India has joined as dialogue partner in 6th generation GCAP fighter program.
Tempest is a 6th generation fighter jet joint program between UK, Japan and Italy.
Looks like India is wary of France's FCAS after their repeated hesitation to share Rafale tech access with India,so India is betting on an alternative.
#ForeignAffairs #Defence
https://www.tribuneindia.com/news/top-headlines/india-gets-dialogue-partner-status-in-sixth-generation-jet-project/
Tempest is a 6th generation fighter jet joint program between UK, Japan and Italy.
Looks like India is wary of France's FCAS after their repeated hesitation to share Rafale tech access with India,so India is betting on an alternative.
#ForeignAffairs #Defence
https://www.tribuneindia.com/news/top-headlines/india-gets-dialogue-partner-status-in-sixth-generation-jet-project/
The Tribune
India gets ‘dialogue partner’ status in sixth-generation jet project - The Tribune
India has joined as a ‘dialogue partner’ in the sixth- generation fighter jet programme being run jointly by the UK, Japan and Italy.
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Indian Development News 🇮🇳
🇮🇳 has submitted letter of request to 🇺🇸 for co-production of Javelin ATGMs - Development is aligned with ‘Make In India’ initiative - Ensures operational readiness & reduces dependability on foreign support. Talks are in advance stage. - In touch with 🇺🇸…
India to buy Javelin ATGMs from US under emergency procurement. #Defence
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रक्षाबंधन के पावन अवसर पर सभी को हार्दिक शुभकामनाएं।
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