Economy

News on Indian Economy

Adani Group Plans Up to US$ 10.56 Billion Airport Investment as Mundra Airport Begins Commercial Flights

The announcement comes as Adani Mundra Airport begins commercial flight operations, marking an important step in improving air connectivity for the Kutch region of Gujarat. The airport launched its first scheduled services in partnership with Star Air, connecting Mundra with key destinations such as Mumbai and Goa. Initial operations are also expected to include flights to Surat and Hindon, with Ahmedabad likely to be added later.

VOC Port Sets Green Maritime Benchmark With 45% Carbon Emission Reduction

The biggest highlight of the event was the release of VOC Port’s first Sustainability Report, which recorded major progress in the port’s decarbonisation journey. Renewable energy now offsets nearly 94% of the port’s energy-consumption equivalent, while net carbon emissions have been reduced by around 45%. The report also noted that carbon intensity per tonne of cargo has nearly halved over the past four years, positioning VOC Port as a leading institution in India’s green maritime transition.

SAIL Strengthens India’s Naval Power with Defence-Grade Steel for INS Dunagiri, INS Agray and INS Sanshodhak

The three naval platforms were commissioned into the Indian Navy on June 21, 2026, during a major ceremony at Syama Prasad Mookerjee Port in Kolkata. INS Dunagiri is an advanced stealth frigate, INS Agray is an anti-submarine warfare shallow water craft, and INS Sanshodhak is a large survey vessel. Together, they represent three important dimensions of naval power — combat capability, underwater threat response and maritime survey operations.

India–Mauritius $1 Billion Container Terminal Project Set to Strengthen Indian Ocean Trade and Maritime Partnership

The project is being viewed as a transformative step for Mauritius. Once developed, it can strengthen Port Louis as a major regional maritime centre connecting Asia, Africa and the Indian Ocean region. For India, the terminal offers a valuable opportunity to expand trade access, improve supply-chain connectivity and reinforce its long-standing partnership with Mauritius.

INCOIS Launches Specialized El Niño Bulletins to Protect India’s Maritime Economy

The new bulletin system has been designed to assess how the developing El Niño event may affect the Indian Ocean region and the sectors that depend directly on ocean conditions. According to the first bulletin, the present El Niño phase is continuing to develop and is expected to reach its peak during the winter period from November 2026 to January 2027. Its influence is likely to keep sea surface temperatures in the Indian Ocean above normal levels until April or May 2027.

Renault Begins Export of Made-in-India Duster to South Africa, Strengthening India’s Role in Global Auto Supply

The export batch includes the India-spec version of the Duster, which carries several design differences compared with the global model. These include Duster lettering on the front grille, revised headlamps, updated tail-lamps and different alloy wheels. A limited-run Iconic Launch Edition, featuring special exterior and interior design touches, is also part of the initial shipment.

India’s First Indigenous Bullet Train B28 Set for 2027 Debut on Surat-Vapi Stretch

The B28 trainset is especially significant because it represents India’s move towards domestic capability in high-speed rolling stock. BEML was awarded the contract by the Integral Coach Factory to design, manufacture and commission two high-speed trainsets. The project is valued at around ₹866.87 crore and is being seen as a foundation for future indigenous high-speed rail development.

Categories