โก Engie to invest โฌ3b (~โน26,000 cr) in India by 2030.
๐ Triple portfolio from ~2 GW to 7 GW(operating + under construction); add ~1 GW annually. Elevates India to a leading market alongside France, UK, Belgium, and Brazil.
๐ฏ Focus: Renewable #energy, #battery energy storage systems (BESS), and data centres.
๐ Triple portfolio from ~2 GW to 7 GW(operating + under construction); add ~1 GW annually. Elevates India to a leading market alongside France, UK, Belgium, and Brazil.
๐ฏ Focus: Renewable #energy, #battery energy storage systems (BESS), and data centres.
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๐จ JUST IN: #AI Assisted Cyberattacks have siphoned from India's smaller NBFCs an estimated โน300 crore in just 2 months.๐ฏ
Nearly 150 complaints or FIRs have been filed, according to The Economic Times. #cybersecurity #Economy
Nearly 150 complaints or FIRs have been filed, according to The Economic Times. #cybersecurity #Economy
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๐งต Thiagarajar Mills Group & Euro Textiles GmbH launch โน100-cr JV in Tamil Nadu. ๐ญ Produces premium 100% cotton jacquard fabrics for export.
๐ Phase 1: 3 mn m/yr; Phase 2: 6 mn m/yr. Features 48 air-jet looms with jacquard tech. Production starts in 8 months. Thiagarajar holds majority stake, supplies yarn, and #exports grey fabric to Germany. #Textiles
๐ Phase 1: 3 mn m/yr; Phase 2: 6 mn m/yr. Features 48 air-jet looms with jacquard tech. Production starts in 8 months. Thiagarajar holds majority stake, supplies yarn, and #exports grey fabric to Germany. #Textiles
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๐ Himadri invests โน500 crore to modernize its Odisha factory for EV-ready passenger radial tyres.
๐ Associate Sicona invests $10.3 million over five years in New Orleans to commercialize silicon-carbon anode tech using its acquired Advano assets.
๐ฐ Sicona also secured an AUD 45 million Australian government grant for anode technology commercialization. #Automobile #Batteries
๐ Associate Sicona invests $10.3 million over five years in New Orleans to commercialize silicon-carbon anode tech using its acquired Advano assets.
๐ฐ Sicona also secured an AUD 45 million Australian government grant for anode technology commercialization. #Automobile #Batteries
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In a first, a recently passed-out batch of IPS officers will be attached to the Union Home Ministry before proceeding on probation and subsequent posting in their respective cadres, officials said on Wednesday. #Policy
https://theprint.in/india/new-batch-of-ips-officers-to-be-attached-with-mha-before-probation/3084602/
https://theprint.in/india/new-batch-of-ips-officers-to-be-attached-with-mha-before-probation/3084602/
ThePrint
New batch of IPS officers to be attached with MHA before probation
New Delhi, Oct 28 (PTI) In a first, a recently passed-out batch of IPS officers will be attached to the Union Home Ministry before proceeding on probation and subsequent posting in their respective cadres, officials said on Wednesday. The 78RR batch, comprisingโฆ
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Indian Development News ๐ฎ๐ณ
Rajasthan to get Indiaโs first industrial-scale zinc tailings recycling facility at Rampura Agucha Mines The โน3,823 crore circular economy investment will have a 10 MTPA annual processing capacity for legacy tailings, recovering residual zinc, silver, etc.โฆ
๐ India's first zinc tailings recycling plant at Rampura Agucha enters implementation
| ๐ฐ โน3,823 cr project moves to active execution, 2-year timeline for 10 MTPA facility
| ๐ Germanium recovery as primary target alongside zinc & silver via hydro-mining + chemical processes
| ๐ HZL costs down to $825-850/tonne, Zinc Park Rajasthan to boost downstream
#Mining
๐ Read more
| ๐ฐ โน3,823 cr project moves to active execution, 2-year timeline for 10 MTPA facility
| ๐ Germanium recovery as primary target alongside zinc & silver via hydro-mining + chemical processes
| ๐ HZL costs down to $825-850/tonne, Zinc Park Rajasthan to boost downstream
#Mining
๐ Read more
BusinessLine
Hindustan Zinc plans 10-mtpa tailings recycling plant to recover zinc, critical minerals
Hindustan Zinc plans a 10 mtpa tailings recycling plant to recover zinc and critical minerals, including germanium, within two years.
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Hero Future Energies plans โน4,000 cr green hydrogen expansion by FY30. Focus: hybrid/storage/RTC + solar/wind, decarbonizing steel/cement/refining. Evaluating 50 MW electrolyser, 250 MW hybrid RE, and 2-3 green hydrogen projects (incl. IIT and Rockman Industries Tirupati). #Energy
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Indigo flights to and from Riyadh, Jeddah, Dammam and Madinah, Saudi Arabia will remain cancelled until 14 November 2026.
#Aviation
#Aviation
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Minister of Commerce for India, Piyush Goyal says that the US Trade deal is almost final and he has the courage to say India will be at a competitive advantage!!
#Trade
#Trade
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๐ Sovereign AI Infra: Govt to own & run GPUs on-premises for key sectors
| ๐ธ Centre to map critical sectors & data by security levels, sensitive like defence to be 100% state-owned, run & air-gapped
| ๐๏ธ Other sectors via managed service model - state owns hardware, private firms operate on govt premises
| ๐ฏ Move to control full #AI stack amid complex geopolitics, build high-density GPU clusters & LLMs for govt ops, fix lack of in-house tech expertise #Security
| ๐ธ Centre to map critical sectors & data by security levels, sensitive like defence to be 100% state-owned, run & air-gapped
| ๐๏ธ Other sectors via managed service model - state owns hardware, private firms operate on govt premises
| ๐ฏ Move to control full #AI stack amid complex geopolitics, build high-density GPU clusters & LLMs for govt ops, fix lack of in-house tech expertise #Security
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๐ Tomorrow (30th Oct), a massive 127-acre Bovine Breeding and Research Centre launches in Banaskantha, Gujarat!
๐๐ฎ๐ณ This cutting-edge facility merges science and innovation to supercharge India's dairy sector. For farmers nationwide, this major leap means more milk per animal, superior breed quality, and higher incomes, while directly preserving proud indigenous breeds like Kankrej.
๐๐พ Stronger livestock, more prosperous farmers!
๐๐ฎ๐ณ This cutting-edge facility merges science and innovation to supercharge India's dairy sector. For farmers nationwide, this major leap means more milk per animal, superior breed quality, and higher incomes, while directly preserving proud indigenous breeds like Kankrej.
๐๐พ Stronger livestock, more prosperous farmers!
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Indian Development News ๐ฎ๐ณ
โก๏ธ SEBI Pushes Pooled Municipal Bonds to Fill $900B Infrastructure Gap Indiaโs capital markets regulator, SEBI, is officially pushing smaller municipalities to pool their financial resources and collectively issue bonds to upgrade urban infrastructure. ๐นโฆ
๐ Patna to raise โน200 cr via municipal bonds - first issuer this fiscal & first ever by Bihar
| ๐๏ธ 10-yr bonds worth โน200 cr, bidding on Oct 30, already presold - HUDCO & NaBFID bid
| ๐ฐ Yield at 7.44% (vs 6.90% a month ago), pricing at 150-175 bps above 10-yr benchmark
| ๐ฏ Ends inactivity in muni market since Nashik in March, Kanpur next with โน125 cr, BMC's big issue on hold due to high yields. #Infra #Finance
| ๐๏ธ 10-yr bonds worth โน200 cr, bidding on Oct 30, already presold - HUDCO & NaBFID bid
| ๐ฐ Yield at 7.44% (vs 6.90% a month ago), pricing at 150-175 bps above 10-yr benchmark
| ๐ฏ Ends inactivity in muni market since Nashik in March, Kanpur next with โน125 cr, BMC's big issue on hold due to high yields. #Infra #Finance
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Indian Development News ๐ฎ๐ณ
๐ฎ๐ณ Piyush Goyal quizzes Chinese trade minister Showen on dumping of goods. This happened in B-20 Summit: Goyal asked Chinese Vice Trade Minister, Wang Shouwen, whether China regretted that India did not join the Regional Comprehensive Economic Partnershipโฆ
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At the 4th National Conference, Commerce Minister Piyush Goyal described Indiaโs 2019 exit from RCEP as "a tragedy averted by the Modi government".
Goyal argued that joining RCEP would have acted as a disguised FTA with China, threatening to destroy Indian manufacturing by opening domestic sectors to zero-duty Chinese imports.
On November 4, 2019, PM Modi rejected this pressure and withdrew from RCEP, protecting domestic industry. ๐ฅ
#Trade
Goyal argued that joining RCEP would have acted as a disguised FTA with China, threatening to destroy Indian manufacturing by opening domestic sectors to zero-duty Chinese imports.
He detailed a "cat-and-mouse game" where he repeatedly warned PM Modi that joining would ruin the economy, even as bureaucrats lobbied the Prime Minister to sign the deal.
On November 4, 2019, PM Modi rejected this pressure and withdrew from RCEP, protecting domestic industry. ๐ฅ
#Trade
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Indian Development News ๐ฎ๐ณ
๐ฐ๏ธ๐ฎ๐ณ๐ค๐บ๐ธ BREAKING: Indian #space startup Pixxel has been awarded a contract by US National Reconnaissance Office (NRO) under the Strategic Commercial Enhancements Commercial Solutions Opening. Leveraging its on-orbit Firefly constellation, Pixxel will demonstrateโฆ
๐ฎ๐ณ๐ค๐บ๐ธ Pixxel sets up US subsidiary to tap federal defence, intelligence contracts
The move marks Pixxel's push beyond satellite imaging into software, sensing technologies and satellite systems, as it looks to deepen its engagement with US government agencies. #Startups
Read more
The move marks Pixxel's push beyond satellite imaging into software, sensing technologies and satellite systems, as it looks to deepen its engagement with US government agencies. #Startups
Read more
Moneycontrol
Pixxel sets up US subsidiary to tap federal defence, intelligence contracts- Moneycontrol.com
The Bengaluru-based space technology company has appointed former National Geospatial-Intelligence Agency official Allyson Jenkins to lead Pixxel Federal
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Indian Development News ๐ฎ๐ณ
India hits a milestone: Kaynes Technology India and CG Power & Industrial Solutions Ltd have kicked off #semiconductor chip production, marking a key step in Indiaโs drive to build its own chip-making ecosystem. #MakeInIndia https://scanx.trade/stock-marketโฆ
๐ Axiro Semiconductor invests in ThinSiC to enter power #semiconductor market
| ๐ธ Bengaluru firm (CG Power subsidiary) becomes lead investor in Silicon Valley-based ThinSiC Inc, long-term commercial partnership for SiC devices
| ๐๏ธ Expands beyond RF/mmWave & connectivity chips into power electronics, to tackle cost & scalability barriers for high-voltage SiC
| ๐ฏ Target - rail traction, industrial drives, power grid infra
๐ Read more
| ๐ธ Bengaluru firm (CG Power subsidiary) becomes lead investor in Silicon Valley-based ThinSiC Inc, long-term commercial partnership for SiC devices
| ๐๏ธ Expands beyond RF/mmWave & connectivity chips into power electronics, to tackle cost & scalability barriers for high-voltage SiC
| ๐ฏ Target - rail traction, industrial drives, power grid infra
๐ Read more
ETManufacturing.in
Axiro Semiconductor invests in ThinSiC to enter power semiconductor market
The partnership aims to commercialise silicon carbide power devices for rail traction, industrial drives and power grid infrastructure, while addressing cost and scalability challenges.
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๐ ASTREVA Aerospace launches VETRIYAAN MISSION!
๐ฎ๐ณ Indian startup ASTREVA successfully launched a high-altitude scientific balloon from Karur, Tamil Nadu. Reaching 25.4 km in a 3-hour flight, it carried 1 satellite and 80 experimental payloads to mark 80 years of India's independence. Atmospheric, material, and biological experiments were conducted, and the payload was recovered via GPS near Nagampalli. ๐๐ฐ๏ธโจ #Space
๐ฎ๐ณ Indian startup ASTREVA successfully launched a high-altitude scientific balloon from Karur, Tamil Nadu. Reaching 25.4 km in a 3-hour flight, it carried 1 satellite and 80 experimental payloads to mark 80 years of India's independence. Atmospheric, material, and biological experiments were conducted, and the payload was recovered via GPS near Nagampalli. ๐๐ฐ๏ธโจ #Space
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Assam turns Brahmaputra silt into building blocks with Rs 55-cr Tinsukia plant
Assam is looking to turn the Brahmaputraโs river silt into an industrial resource, with Chief Minister Himanta Biswa Sarma on Thursday inaugurating a Rs 55-crore green manufacturing facility in Tinsukia that aims to reduce reliance on red bricks
#infra
Source
Assam is looking to turn the Brahmaputraโs river silt into an industrial resource, with Chief Minister Himanta Biswa Sarma on Thursday inaugurating a Rs 55-crore green manufacturing facility in Tinsukia that aims to reduce reliance on red bricks
The green autoclaved aerated concrete (AAC) block plant, set up by Litebricks Pvt. Ltd, will use sediments from the Brahmaputra as raw material to manufacture construction blocks.
#infra
Source
The Assam Tribune
Assam turns Brahmaputra silt into building blocks with Rs 55-cr Tinsukia plant
CM Sarma flags untapped industrial potential in Upper Assam, urging locals to embrace investments and emerging employment opportunities.
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