Economy

News on Indian Economy

Bevel Gears India Opens Dedicated Bengaluru Facility for Aerospace and Defence Gearing

The facility, located in Bengaluru’s aerospace and defence manufacturing corridor, is the company’s first plant built specifically for aerospace applications. It was inaugurated on August 31 as Bevel Gears India marked 50 years since the establishment of its engineering business in 1976. Detailed information on the facility was released on September 8.

Agnikul Builds New Chennai Infrastructure for Reusable Rockets Ahead of Mission-02

The company has inaugurated the Stage Testing & Inspection Facility (STIF) and the Pressurant Tank Realisation, Over-wrapping and Outfitting Facility (PROOF) at its Assembly and Testing Facility. The new infrastructure strengthens Agnikul’s ability to develop, test, recover and eventually refly launch vehicle stages as it works towards its next flight, Mission-02.

BARC Surveys Andaman & Nicobar Sites for Small Modular Reactors as Power Demand Rises

Unlike mainland India, the archipelago does not operate as one interconnected grid. Individual islands and groups of islands depend on separate generating systems because they are separated by large stretches of sea. The Nicobar district administration notes that this geography prevents the existence of a single electricity grid serving the entire territory.