Economy

News on Indian Economy

InnAccel Technologies: Indian MedTech Designed for the Hardest Clinical Environments

Bengaluru-based InnAccel Technologies has built its medical-device strategy around this gap. Rather than taking equipment created for highly equipped Western hospitals and simply reducing its price, the company identifies clinical problems inside Indian hospitals and develops devices specifically around the conditions in which doctors and nurses actually work.

HAL Moves to Localise Critical Shakti Helicopter Engine Reduction Gear Modules

The Shakti, also known as the Ardiden 1H1, was co-developed by HAL and Safran Helicopter Engines and has become one of the central powerplants supporting India’s indigenous military helicopter fleet. HAL officially lists the engine on the Dhruv Mk III and Mk IV, while the weaponised Rudra is powered by two Shakti engines. The Light Combat Helicopter, now known as LCH Prachand, also uses twin Shakti engines producing about 1,032 kW each.

HSTDV: The Mach 6 Technology Demonstrator That Laid the Foundation for India’s Hypersonic Cruise Missile Programme

The programme was led primarily by the Defence Research and Development Laboratory, or DRDL, in Hyderabad, part of DRDO’s Dr APJ Abdul Kalam Missile Complex. At the heart of HSTDV was an indigenous Supersonic Combustion Ramjet, or scramjet, designed to burn fuel while the airflow passing through its combustion chamber remained supersonic.

Indian Startup Alteon Tests Autonomous Aircraft Designed to Stay Aloft for Months Using Ocean Winds

Albatrosses have evolved to exploit this phenomenon with extraordinary efficiency. These ocean-going birds can travel hundreds of kilometres while barely flapping their wings, repeatedly using wind gradients above the sea to maintain speed. Alteon is seeking to reproduce the same principle using an autonomous aircraft controlled by advanced sensing, navigation and flight-control systems.

Blue Machines AI Launches Aurora, a Multilingual Speech Model Built for Indian Banking

India’s financial conversations often combine several linguistic patterns within a single interaction. A customer may speak primarily in Hindi or another Indian language while using English financial terms such as EMI, KYC, SIP, NAV, premium, foreclosure charge or transaction ID. Aurora has been developed specifically around these kinds of conversations rather than being adapted from a general-purpose global speech-recognition model.

Mysuru Deep-Tech Firm Vigyanlabs Launches Waterless FEMTO Sovereign AI Platform

One of FEMTO’s most unusual features is its approach to cooling. Large AI computing installations increasingly rely on liquid-cooling systems because modern high-performance processors generate substantial amounts of heat. FEMTO has instead been engineered to operate using conventional air cooling, removing the need for dedicated water-based cooling infrastructure at the appliance level.

Indian Startup Ziroh Labs Globally Launches Kompact AI to Run Large AI Models Without Dedicated GPUs

Kompact AI has been designed to run artificial intelligence inference on CPU-based servers, workstations, cloud infrastructure and edge systems. Instead of requiring every application to operate through dedicated GPU clusters, the platform enables organisations to use conventional processors that are already widely deployed across data centres and enterprise computing environments.