Gujarat 9000 HP Locomotives Poised to Transform India's Freight Transport News: India's Dahod electric locomotive unit in Gujarat will start producing high-speed freight train engines within three years, aiding exports. Railway Minister Ashwini Vaishnaw inspected the nearly complete 9000 HP WAG locomotive prototype. The facility, upgraded in collaboration with Siemens under 'Make in India' and…

Government Initiative to Enhance Air Cargo Infrastructure News: The Union Budget 2025's focus on upgrading air cargo infrastructure, especially for perishable goods, is set to boost Andhra Pradesh's exports. Exporters in North Andhra Pradesh have long sought advanced air cargo facilities at Visakhapatnam International Airport to reduce reliance on costly road transport to Hyderabad.  Join…

India emerging as a key player in the global pharmaceutical supply chain News: India's Contract Research, Development, and Manufacturing Organization (CRDMO) industry is set to double from USD 7 billion to USD 14 billion by 2028, growing at a 14% CAGR, according to a Macquarie Equity Research report. Regulatory support, rising pharmaceutical outsourcing, and global…

PM Modi at Global Investors Summit News: Prime Minister Narendra Modi inaugurated the Global Investors Summit in Bhopal, unveiling 18 industrial and startup policies of Madhya Pradesh. He emphasized India's emergence as a top supply chain hub for global aerospace firms and reiterated the government's vision to make Madhya Pradesh an investment hub. Prominent industrialists…

Mega ports set to commence operations by 2029 News: The year 2029 could mark a pivotal moment for India's maritime trade with the completion of the first phase of mega port projects in Vadhavan (Maharashtra) and Great Nicobar (Andaman and Nicobar). Join Our Community Speaking to ET, Union Ports, Shipping, and Waterways Minister Sarbananda Sonowal stated…

Trump unveils plan for reciprocal tariffs on all U.S. trade partners. News: Former President Donald Trump signed a memorandum directing the U.S. to consider implementing reciprocal tariffs, matching the tax rates other nations impose on American imports. Trump stated that any country charging the U.S. a tariff would face the same tax in return. The…

India is building a sanctions-proof supply chain for Russian oil News: Indian oil refiners are restructuring supply chains to continue importing discounted Russian crude amid stricter U.S. sanctions. At India's flagship energy gathering in Delhi, executives revealed that networks are being adjusted using non-blacklisted sellers, shippers, and insurers. Some firms remain unaffected, while new entities…

The India-US TRUST initiative, and how will it enhance critical minerals and pharmaceutical supply chains News: India and the U.S. have launched the Transforming Relationship Utilizing Strategic Technology (TRUST) initiative to strengthen cooperation in critical minerals, including lithium and rare earth elements (REEs). Building on India’s inclusion in the U.S.-led Minerals Security Finance Network and…