MAKE IN INDIA
US, UK, Canada quiz India's SPECS scheme, sops at WTO
The US, UK, and Canada have raised concerns at the WTO regarding India's Make in India initiative and various subsidy programs. Questions were specifically directed towards the Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS), fisheries subsidies, and agricultural support. India has addressed some queries and promised further information on fish-related subsidies and state-level industrial incentives.
Adani pauses talks with Israel's Tower for $10 billion India chip foray, sources say
Gautam Adani's group has paused discussions with Tower Semiconductor for a $10 billion chip project, deeming it strategically and commercially unviable due to uncertain demand in India. Adani sought a greater financial commitment from Tower, leading to the hold. This decision poses a setback to India's ambition to become a chipmaking hub, especially after the Vedanta-Foxconn venture collapsed.
PM Modi on 3-state tour for next two days
Narendra Modi is set to inaugurate the World Audio Visual and Entertainment Summit in Mumbai. He will also open the Vizhinjam International Deepwater Multipurpose Seaport in Kerala. Development projects worth over Rs 58,000 crore will be launched in Andhra Pradesh. The WAVES 2025 summit aims to position India as a global hub.
Super Over: How the IPL bowled over brands, billionaires and bored audiences
The Indian Premier League (IPL) marks its 18th year with record-breaking ad spends, viewership, and subscribers, despite recent financial challenges faced by media rights holders. Its success is attributed to top cricket talent, Bollywood glamour, fan loyalty, and robust marketing.
Stainless steel industry urges govt to take measures to protect domestic players
The Indian stainless steel industry is seeking government intervention through safeguard duties to combat a surge in cheap finished steel imports, primarily from China and ASEAN countries. Local manufacturers are struggling with high costs and unfair competition, threatening the 'Make in India' initiative. The industry plans to address these challenges at the upcoming Global Stainless-Steel Summit 2025.
Low labour productivity and gaps in high-tech infrastructure holding back India's export potential: Report
India is diversifying exports with FTAs. The Purchasing Managers' Index leads in Asia. Positive sentiment is seen across manufacturing parameters.
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'From pin to plane, everything is manufactured in Peenya' — the inside story of a neglected and crumbling industrial hub
Spread over 40 sq. km, Peenya houses more than 13,000 MSME industries, employing over 1 million individuals. However, challenges like poor infrastructure and skill shortages are hindering future investments, slowly putting the industrial area in slumber.
KKR's star pacer misses the 'aura and thrill' associated with ex-head coach Gautam Gambhir in IPL 2025
Pacer Harshit Rana expressed that he misses Gautam Gambhir's presence in the Kolkata Knight Riders dugout. He acknowledged Gambhir's aura and impact on the team. Abhishek Nayar has rejoined the KKR coaching staff. Rana feels Nayar's strategies will be beneficial. Rana also spoke about his own performance and the team's bowling strength. KKR will play against Delhi Capitals.
Make in India initiative to get boost with Direct-to-Mobile phones
Ahead of WAVES 2025, Free Stream Technologies, Lava International, and HMD are planning to launch Direct-to-Mobile phones. This technology will deliver multimedia content directly to phones without internet. The phones are powered by Tejas Networks chipsets. Lava and HMD are preparing to supply these phones in scale. This initiative aligns with the 'Make in India' vision.
Govt sets up inter-ministerial committee to frame broad contours of national manufacturing mission
The government is planning a national manufacturing mission. An inter-ministerial committee has been formed for this. Niti Aayog CEO B V R Subrahmanyam chairs the committee. The mission aims to boost the Make in India initiative. It will focus on ease of doing business and workforce readiness. MSME sector development and technology availability are also priorities.
Japan's Takeda to launch dengue vaccine in India with Biological E next year
Takeda, a Japanese pharmaceutical company, plans to launch its dengue vaccine, Qdenga, in India next year in collaboration with Biological E. Clinical trials are underway, and the company aims to secure a license by 2026.
No Mughal Dynasty in Class 7 NCERT textbook, fresh chapters on Indian rulers introduced
Class VII NCERT social science textbooks have removed chapters on the Mughals and the Delhi Sultanate, replaced by content on ancient Indian dynasties and "sacred geography." English textbooks now feature more Indian authors and themes, aligning with the NEP 2020. Revisions emphasize Indian traditions, philosophies, and local knowledge systems, also covering government initiatives and constitutional rights.
Chemical chaos: Trump’s tariffs push small Indian chemical firms to the brink
US tariffs pose new hurdles for India's chemical sector. Experts suggest strategies like trade deals, domestic production boosts, and market diversification. MSMEs also need data access and simplified regulations.
Adani Energy Solutions eyes capex hike to Rs 18k crore
AESL's profit after tax surged 87% year-on-year to Rs 714 crore in the March quarter, while total income rose 36% to Rs 6,596 crore. For the fiscal year ended March 31, profit after tax soared 103% to Rs 2,427 crore and total income grew 42% to Rs 24,447 crore. Total orderbook stood at Rs 60,000 crore as of March-end.
New NCERT textbooks: Mughals, Delhi Sultanate dropped; 'sacred geography', Maha Kumbh added
Class 7 NCERT textbooks have undergone significant revisions, omitting references to the Mughals and Delhi Sultanate while introducing chapters on ancient Indian dynasties and 'sacred geography.' The updated curriculum, aligned with the NEP and NCFSE 2023, incorporates Indian traditions and knowledge systems.
Making of India's longest rail tunnel: When project looked jeopardised
Larsen & Toubro overcame near-catastrophic challenges during the construction of India's longest rail tunnel, including a major water influx and soft rock pressure.
India develops biodegradable tax stamp to reduce plastic use in liquor labeling
India introduces a biodegradable tax stamp, developed by the NRDC, to replace plastic labels in the liquor industry, aligning with sustainability goals. This eco-friendly alternative, already in use in Ladakh and Uttarakhand, features advanced security measures and aims to reduce plastic waste. The initiative supports India's broader strategy of integrating green technologies across various sectors.
Hindalco forays into EV component manufacturing; delivers 10,000 aluminium battery enclosures to M&M
Hindalco Industries has launched a Rs 500-crore EV component manufacturing plant in Chakan, Pune, to meet the rising demand for lightweight battery solutions. They also delivered 10,000 aluminium battery enclosures to M&M Ltd. The enclosures offer a 40% weight reduction and improve driving range by 8-10%, aligning with the 'Make in India' vision and creating 1,000 jobs.
What makes this India-Pakistan standoff more dangerous than past ones
Following the Pahalgam terrorist attack, India has abandoned the Indus Waters Treaty with Pakistan, a historic agreement that survived previous conflicts. The attack, targeting tourists, particularly non-Muslims, echoes past sectarian violence. With a disinterested US, the situation is perilous, requiring leaders Modi and Munir to de-escalate tensions.
Last call for Air India to board global turf wars
Tata Sons has directed Air India to aggressively expand its international routes, intensifying competition with foreign carriers post-Vistara merger. Air India Express will concentrate on the domestic market, challenging IndiGo. Campbell Wilson has stepped down as Air India Express chairman, with Nipun Aggarwal taking over to streamline operations and achieve operational breakeven by FY27-end.
Nestle India Q4 Results: Standalone profit falls 5% YoY to Rs 885 crore, revenue rises 4%
Nestle India Q4 Results: Nestle India reported a 5.2% YoY decline in net profit to Rs 885 crore for the March quarter, though revenue rose 4.5% to Rs 5,504 crore, exceeding estimates. Domestic sales hit a record high, driven by beverages and confectionery. The company is investing significantly in expansion, including a new factory in Odisha, despite commodity price concerns.
Vietnam stole a march on India. It's India's time now
Alphabet is planning to shift some Google Pixel production from Vietnam to India, aiming to de-risk amid US tariff threats. This marks a significant turn, as Vietnam had been the biggest winner of the “China Plus One” strategy after Covid disrupted Chinese supply chains. The move signals India’s growing role in global electronics manufacturing, especially for US-bound devices.
India-US trade deal may show the path to other countries, ACMIIL says
A new report suggests the India-US Bilateral Trade Agreement (BTA) could serve as a template for future Indian trade deals, prioritising technology acquisition and industrial growth. The BTA aligns with India's "Make in India" and "Atmanirbhar Bharat" initiatives, potentially lowering tariffs on some US agricultural products while importing advanced technologies.
Toshiba inks pact to invest Rs 562 cr to expand manufacturing capacity in Telangana
Toshiba Transmission will invest ?562 crore to expand its manufacturing in Telangana, generating over 250 jobs in three years. The agreement with the Telangana government aims to boost local employment and skills. This investment scales up transformer production for domestic use and exports, aligning with 'Make in India' and strengthening Toshiba's presence as a global T&D hub.
India sends second batch of BrahMos missiles to Philippines, strengthening Indo-Pacific security
India’s defence exports take a significant leap as it dispatches the second batch of BrahMos supersonic missiles to the Philippines, marking a milestone in global defence cooperation. This follows a $375 million deal signed in 2022, with further negotiations advancing with Indonesia, Vietnam, and other countries. India is poised to become a key player in the global defence market, strengthening its 'Make in India' initiative and reducing dependence on imports.
IT minister Ashwini Vaishnaw showcases indigenous AI server
The indigenous AI server is equipped with 8 GPUs and was completely designed in India, underlining the country's growing strength in advanced electronics and artificial intelligence., said Union Minister for Electronics and Information Technology Ashwini Vaishnaw. The AI server has been developed by VVDN Technologies.
India-made electronic products are gaining global recognition: Ashwini Vaishnaw
IT minister Vaishnaw noted that India's electronics manufacturing has grown fivefold in the past decade, touching Rs 11 lakh crore, while exports have increased six times to over Rs 3.5 lakh crore. He emphasized that a key development in the electronic sector has been the emergence of large-scale design teams within manufacturing firms.
India-made electronics products being recognised globally: Union Minister Ashwini Vaishnaw
Union Minister Ashwini Vaishnaw highlighted India's remarkable growth in electronics manufacturing and exports, which have surged fivefold and sixfold respectively in the last decade, reaching Rs 11 lakh crore and Rs 3.25 lakh crore.
The great Indian arms revival: Rajnath Singh’s defence plan includes self-reliance, speed and ?3 lakh cr exports by 2029
India’s defence production is expected to exceed ?1.6 lakh crore this year, with a long-term goal of reaching ?3 lakh crore by 2029, Defence Minister Rajnath Singh announced at the Defence Conclave 2025. The government is pushing for deep indigenisation, with plans to boost exports to ?50,000 crore. Key reforms include corporatising historic ordnance factories and reserving 75% of defence procurement for domestic firms. Singh underlined that India’s growing military strength aims to deter conflict—not provoke it—and safeguard national security.
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