In Budget 2026, the government prioritised building a clean energy value chain, introducing BCD exemptions on key imports like Lithium-Ion cell capital goods and solar glass materials. Dedicated rare earth corridors in O...
In the FY27 Budget, Finance Minister Nirmala Sitharaman announced a major boost for electronics manufacturing, raising the Electronics Components Manufacturing Scheme outlay to ₹40,000 crore from ₹22,919 crore. The g...
The Centre has announced a ₹10,000-crore scheme over five years to promote domestic container manufacturing and reduce dependence on China. Part of a broader push to strengthen shipping and logistics, the initiative ai...
The Union Budget 2026–27 has signalled a strong push towards inland waterways and coastal shipping to improve logistics efficiency. The Centre plans to operationalise 20 new national waterways over five years and launc...
The Union Budget has increased capital expenditure for the space sector by ₹1,066 crore, with ‘space sciences’ receiving the biggest boost. Allocation for space sciences capex has risen over four-fold to ₹428.31 ...
The Union Budget has proposed a one-time relaxation allowing eligible SEZ manufacturing units to sell goods in the domestic market at concessional duty rates, amid global trade disruptions and US tariffs. While aimed at ...
The Union Budget strengthens India’s growth trajectory by prioritising infrastructure, manufacturing and clean energy, says Ashok Leyland Chairman Dheeraj Hinduja. Higher public capital expenditure on transport, logist...
The Centre has proposed mandating the Trade Receivables Discounting System (TReDS) as the settlement platform for all MSME purchases by CPSEs, aiming to improve cash flow access. The Union Budget also introduced a CGTMSE...
Amazon and Google are chipping away at Nvidia’s dominance in the AI processor market. Both tech giants have deployed their own AI chips in data centers, including partnerships with Anthropic, signaling that Nvidia is n...
The Union Budget 2026 has nearly doubled support for nuclear research, allocating ₹2,410 crore to R&D under the Department of Atomic Energy. Capital expenditure sees a 113% jump to ₹1,977 crore, benefiting BARC and I...
Union Budget 2026-27 outlines a strategic push to scale manufacturing across seven priority sectors, including biopharma, semiconductors, electronics, textiles and rare earths. Key measures include Biopharma SHAKTI, Indi...
Union Minister Pralhad Joshi said the Union Budget 2026 will accelerate grid-scale energy storage and enable seamless integration of renewable energy. Key measures include customs duty exemptions for battery and solar ma...
In Budget 2026, Finance Minister Nirmala Sitharaman announced the launch of India Semiconductor Mission 2.0 and enhanced the Electronics Components Manufacturing (ECM) Scheme outlay to ₹40,000 crore. The move aims to d...
India’s clean energy transition will depend heavily on large-scale battery energy storage systems and pumped hydro projects, the Economic Survey said. These solutions will help manage renewable power variability, ensur...
India must bridge critical gaps in aircraft component manufacturing to strengthen its aviation ecosystem, experts said at Wings India 2026. While manufacturing has gained momentum, challenges remain in raw materials, har...
India plans to build end-to-end critical mineral value chains covering exploration, mining, processing and recycling to reduce import dependence and strengthen supply security, the Economic Survey 2025–26 said. Rising ...
India’s data centre capacity is set to surge to about 8 GW by 2030 from 1.4 GW in 2025, driven by rapid cloud adoption, AI workloads, and rising data consumption, the Economic Survey 2025–26 said. Despite generating ...
The Economic Survey 2025–26 warns of a looming global copper shortage driven by surging power demand from AI data centres and the clean energy transition. Supply disruptions, mine outages, and trade barriers are pushin...
The Economic Survey 2026 highlights that schemes like the Production Linked Incentive (PLI) have boosted India’s domestic telecom manufacturing, attracting ₹4,700 crore in investments, generating ₹1 lakh crore in s...
Suzlon secures a 248.85 MW wind energy order from ArcelorMittal as part of a 550 MW hybrid renewable project in Gujarat. This marks Suzlon’s fourth major order supporting green steel production, raising its total contr...
Dell Technologies and NxtGen AI are building India’s largest dedicated AI factory with over 4,000 NVIDIA Blackwell GPUs to boost domestic AI computing capacity. Hosted within NxtGen’s sovereign cloud, the facility wi...
BASF plans to launch a global Digital Hub in Hyderabad in Q1 2026, enhancing its network of digital expertise across Europe and Asia-Pacific. The hub will deliver standardized digital services at scale, strengthen innova...
Chinese EV maker BYD is considering expanding its presence in India, including exploring local assembly options to meet surging demand as hundreds of car orders accumulate. The move aims to overcome import restrictions a...
Prime Minister Narendra Modi invited global investors to explore opportunities in India’s expanding aviation sector during Wings India 2026. Highlighting plans to increase airports from 160 today to over 400 by 2047, h...
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