Indian Development News ๐Ÿ‡ฎ๐Ÿ‡ณ
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โšก Engie to invest โ‚ฌ3b (~โ‚น26,000 cr) in India by 2030.

๐Ÿ“ 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.
๐ŸŽฏ Focus: Renewable #energy, #battery energy storage systems (BESS), and data centres.
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๐Ÿšจ JUST IN: #AI Assisted Cyberattacks have siphoned from India's smaller NBFCs an estimated โ‚น300 crore in just 2 months.๐Ÿ˜ฏ

Nearly 150 complaints or FIRs have been filed, according to The Economic Times. #cybersecurity #Economy
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๐Ÿงต Thiagarajar Mills Group & Euro Textiles GmbH launch โ‚น100-cr JV in Tamil Nadu. ๐Ÿญ Produces premium 100% cotton jacquard fabrics for export.

๐Ÿ“ˆ 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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๐Ÿš— Himadri invests โ‚น500 crore to modernize its Odisha factory for EV-ready passenger radial tyres.

๐Ÿ”‹ Associate Sicona invests $10.3 million over five years in New Orleans to commercialize silicon-carbon anode tech using its acquired Advano assets.

๐Ÿ’ฐ Sicona also secured an AUD 45 million Australian government grant for anode technology commercialization. #Automobile #Batteries
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Indian Development News ๐Ÿ‡ฎ๐Ÿ‡ณ
Rajasthan to get Indiaโ€™s first industrial-scale zinc tailings recycling facility at Rampura Agucha Mines The โ‚น3,823 crore circular economy investment will have a 10 MTPA annual processing capacity for legacy tailings, recovering residual zinc, silver, etc.โ€ฆ
๐Ÿš€ India's first zinc tailings recycling plant at Rampura Agucha enters implementation

| ๐Ÿ’ฐ โ‚น3,823 cr project moves to active execution, 2-year timeline for 10 MTPA facility
| ๐Ÿ’Ž Germanium recovery as primary target alongside zinc & silver via hydro-mining + chemical processes
| ๐Ÿ“‰ HZL costs down to $825-850/tonne, Zinc Park Rajasthan to boost downstream
#Mining

๐Ÿ”— Read more
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Hero Future Energies plans โ‚น4,000 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
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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
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๐Ÿš€ Sovereign AI Infra: Govt to own & run GPUs on-premises for key sectors

| ๐Ÿ›ธ Centre to map critical sectors & data by security levels, sensitive like defence to be 100% state-owned, run & air-gapped
| ๐Ÿ‘๏ธ Other sectors via managed service model - state owns hardware, private firms operate on govt premises
| ๐ŸŽฏ 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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๐Ÿš€ Tomorrow (30th Oct), a massive 127-acre Bovine Breeding and Research Centre launches in Banaskantha, Gujarat!

๐Ÿ„๐Ÿ‡ฎ๐Ÿ‡ณ 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.

๐Ÿ“ˆ๐ŸŒพ Stronger livestock, more prosperous farmers!
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Indian Development News ๐Ÿ‡ฎ๐Ÿ‡ณ
โšก๏ธ SEBI Pushes Pooled Municipal Bonds to Fill $900B Infrastructure Gap Indiaโ€™s capital markets regulator, SEBI, is officially pushing smaller municipalities to pool their financial resources and collectively issue bonds to upgrade urban infrastructure. ๐Ÿ”นโ€ฆ
๐Ÿš€ Patna to raise โ‚น200 cr via municipal bonds - first issuer this fiscal & first ever by Bihar

| ๐Ÿ—๏ธ 10-yr bonds worth โ‚น200 cr, bidding on Oct 30, already presold - HUDCO & NaBFID bid
| ๐Ÿ’ฐ Yield at 7.44% (vs 6.90% a month ago), pricing at 150-175 bps above 10-yr benchmark
| ๐ŸŽฏ Ends inactivity in muni market since Nashik in March, Kanpur next with โ‚น125 cr, BMC's big issue on hold due to high yields. #Infra #Finance
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Indian Development News ๐Ÿ‡ฎ๐Ÿ‡ณ
๐Ÿ‡ฎ๐Ÿ‡ณ 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 Partnershipโ€ฆ
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At the 4th National Conference, Commerce Minister Piyush Goyal described Indiaโ€™s 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.

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. ๐Ÿ”ฅ

#Trade
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Indian Development News ๐Ÿ‡ฎ๐Ÿ‡ณ
India hits a milestone: Kaynes Technology India and CG Power & Industrial Solutions Ltd have kicked off #semiconductor chip production, marking a key step in Indiaโ€™s drive to build its own chip-making ecosystem. #MakeInIndia https://scanx.trade/stock-marketโ€ฆ
๐Ÿš€ Axiro Semiconductor invests in ThinSiC to enter power #semiconductor market

| ๐Ÿ›ธ Bengaluru firm (CG Power subsidiary) becomes lead investor in Silicon Valley-based ThinSiC Inc, long-term commercial partnership for SiC devices
| ๐Ÿ‘๏ธ Expands beyond RF/mmWave & connectivity chips into power electronics, to tackle cost & scalability barriers for high-voltage SiC
| ๐ŸŽฏ Target - rail traction, industrial drives, power grid infra

๐Ÿ”— Read more
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๐Ÿš€ ASTREVA Aerospace launches VETRIYAAN MISSION!

๐Ÿ‡ฎ๐Ÿ‡ณ 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. ๐ŸŽˆ๐Ÿ›ฐ๏ธโœจ #Space
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Assam turns Brahmaputra silt into building blocks with Rs 55-cr Tinsukia plant


Assam is looking to turn the Brahmaputraโ€™s 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

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