The list, notified by Department of Military Affairs, Ministry of Defence (MoD), lays special focus on equipment/systems, which are being developed and likely to translate into firm orders in next five years. These weapons and platforms are planned to be indigenised progressively with effect from December 2022 to December 2027.
Mr. Piyush Goyal, Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, stated that India and Australia should work towards increasing bilateral trade to US$ 100 billion by 2030, up from the current level of around US$ 27.5 billion.
India has sent about 270,000 MT of petrol and diesel to Sri Lanka to help alleviate the country’s power crisis, which is occurring in the midst of the country’s worst economic crisis in decades. Last week, the High Commissioner of India handed over a shipment of 40,000 MT of diesel to Sri Lanka’s Energy Minister Mr. Gamini Lokuge, with the help of an Indian line of credit worth US$ 500 million.
Merchandise exports from India have reached USD 417.8 billion in the current financial year. This figure excludes the figures from non-EDI Ports and adding that, it is likely to exceed $418 billion, an all-time high in India’s export history.
The Central Power Research Institute (CPRI) an autonomous Society under the Union Ministry of Power, has been granted the prestigious accreditation from National Accreditation Board for Certifying Bodies (NABCB) – for certification of electrical equipment as per ISO/IEC 17065.
EOS-02 is Technology demonstration satellite for various new technologies with applications that include agriculture, forestry, geology, hydrology, miniaturised power electronics, reaction wheels etc. and forming the payload for SSLV-1.
The President noted that Indian professionals in the Netherlands have done extremely well. As entrepreneurs, doctors, bankers and technology experts, they are adding immense value to the Dutch society and economy as well as global community at large. He said that India is proud of their achievements and their success.
While addressing a leading institute, Foreign Secretary Harsh Vardhan Shringla on March 9 said that India will soon be connected with Nepal by two railway links and six rail networks will be initiated for connectivity with Bangladesh.
While the independent testing and certification body was envisaged in the Union Budget this year, the move is a huge step towards decoupling the Indian private defence sector industry from the clutches of the humongous veto exercising military bureaucracy on the Raisina Hill.
The exercise also provided a platform for professional and cultural learning as well as social interactions which in-turn broadened their horizon towards knowledge and cooperation aiming towards co-existence as one in the Indo-Pacific Region.
