The Ministry’s latest industry review indicates that finished steel consumption increased from 92.4 MT during April–October 2025 to 99.3 MT during the first seven months of the current financial year. October 2026 alone recorded consumption of 14.3 MT, compared with 13.4 MT in October 2025, representing year-on-year growth of 6.6%.
According to the company, its engineers designed the system to minimise additional weight and electrical power consumption while maintaining compatibility with the aircraft’s onboard cameras and flight-control electronics. This approach is particularly relevant to small tactical drones, where additional equipment can affect flight endurance, payload capacity and manoeuvrability.
Decentro’s Static QR Soundbox has been developed for merchants requiring a compact and straightforward system to confirm incoming digital payments. The device provides immediate spoken notifications when transactions are successfully received, allowing shopkeepers and business operators to verify payments without repeatedly checking their mobile phones or banking applications.
OneStack’s platform addresses this challenge by enabling participating cooperative banks to operate as UPI issuers and acquirers through the National Payments Corporation of India (NPCI). According to the company, partner banks have begun operating directly within the UPI ecosystem using their own bank handles, allowing them to maintain control over customer relationships and merchant payment services.
Peppermint Robotics is preparing to undertake a substantial expansion of its manufacturing operations in Pune, where the company assembles autonomous robots developed through its in-house engineering and technology platforms.
Cellegant Energy Systems is addressing this challenge through hydrogen fuel-cell electric propulsion, which generates electricity through an electrochemical reaction between hydrogen and oxygen.
As a principal partner in the development and manufacturing of India’s Light Combat Aircraft family, HAL works with domestic research institutions, aerospace manufacturers and specialised suppliers to support aircraft development, integration and production activities.
The proposed expansion will be developed at NALCO’s existing aluminium smelting complex in Anugul, one of India’s important centres for integrated aluminium manufacturing.
Russia’s United Engine Corporation, part of the Rostec State Corporation, has indicated its willingness to explore arrangements for localising the production of aircraft engines in India, including the PD-8 turbofan developed for the Russian SJ-100 regional passenger aircraft.
HyperStrike has been developed to address one of the most pressing challenges facing modern armed forces: the proliferation of inexpensive attack drones capable of threatening military installations, critical infrastructure and deployed formations. These aerial systems can be employed individually or in large numbers, creating operational challenges for conventional air-defence systems that depend on comparatively expensive interception technologies.
