News on Indian Economy
The minister said the country’s wind energy potential at 150-metre hub height is estimated at nearly 1,164 GW, and reiterated the government’s target of reaching 100 GW by 2030 and 156 GW by 2036. He linked that expansion to India’s longer-term net-zero by 2070 objective.
At the core of the new system is the creation of the Online Gaming Authority of India, which will function as an attached office of MeitY with its head office in Delhi.
Broadband continued to be a major growth driver. Total broadband subscriptions increased from 1,059.05 million at the end of February to 1,065.88 million at the end of March, a monthly growth of 0.65%. Within this, wired broadband climbed to 46.51 million, while wireless broadband reached 1,019.37 million.
Prime Minister Narendra Modi congratulated Indian cheesemakers for their remarkable debut, highlighting that four Indian entries brought home top honors: one Super Gold, two Golds, and one Silver medal.
Designed to develop proprietary processes for active ingredients and patented formulations, the R&D hub will cater to both regulated and non-regulated global markets. Its focus will be on delivering high-purity, cost-efficient chemical solutions aligned with evolving industry needs.
Truck Mounted Attenuators are specially engineered impact-absorbing devices designed to reduce the severity of collisions.
The Power Ministry’s October 2024 release on the National Electricity Plan said the transmission system is being prepared to support 500 GW of renewable energy capacity by 2030 and over 600 GW by 2032.
The facility uses over 12 lakh advanced TOPCon bifacial solar modules manufactured at SAEL’s plants in Punjab and Rajasthan, reflecting strong integration of domestic manufacturing with large-scale renewable deployment.
This surge is fueling a 33% increase in overall order volumes and a 32% rise in gross merchandise value (GMV), reflecting strong demand and deeper market reach. Improved internet connectivity, expanding logistics infrastructure, and rising disposable incomes in non-metro regions are enabling D2C brands to scale more effectively across the country.
Frozen shrimp continued to dominate the sector, generating ₹47,973.13 crore (US$ 5.51 billion) and contributing more than two-thirds of the total export revenue. The segment recorded steady growth, with volumes rising by 4.6% and value increasing by 6.35%.
