News on Indian Economy
The orders were disclosed by Jyoti Global Plast on September 7, 2026 and have an aggregate value of ₹8,62,66,015. The company said the components will be supplied for applications associated with defence and aerospace imaging and sensing equipment.
Arudhra is one of India’s most advanced indigenous ground-based surveillance radars. Developed by the Electronics and Radar Development Establishment, or LRDE, of the Defence Research and Development Organisation, it is a rotating active phased-array multifunction 4D radar designed to create an accurate picture of activity across a large volume of airspace.
The Indian Army uses the Dhruv for a wide range of missions including troop transport, casualty evacuation, reconnaissance, logistics support, search and rescue and operations in high-altitude areas. The helicopter has been extensively employed in demanding regions such as Ladakh and the Siachen sector, where rotary-wing aircraft are essential for moving personnel and supplies.
NALCO and EGA signed a Technology Licensing Agreement in Dubai on September 7, 2026, covering deployment of EGA’s UAE-developed DX+ Ultra aluminium smelting technology for NALCO’s proposed 0.5-million-tonne-per-annum brownfield expansion.
Data released by the Federation of Automobile Dealers Associations (FADA) showed that total vehicle retail registrations reached 24,23,201 units during August 2026, an increase of 17.51% from 20,62,038 units in August 2025.
The Platform for Aggregating Clean Transport, or PACT, was launched by NITI Aayog Member Rajiv Gauba at the 5th e-FAST India Summit 2026 on September 7.
Luxembourg’s Minister of the Economy, SME, Energy and Tourism, Lex Delles, met Union Minister Dr Jitendra Singh in New Delhi on September 7, 2026, during his visit to India. The discussions focused on identifying concrete areas where institutions, research organisations and companies from the two countries could work together.
India is currently the world’s second-largest fish producer, accounting for around 8% of global fish production. It is also the second-largest aquaculture producer, the world’s largest producer and exporter of shrimp and the second-largest producer in capture fisheries.
From its research base in Bengaluru, Bugworks Research is attempting something considerably harder than producing another version of an existing antibiotic. The company is developing an entirely new class of broad-spectrum antibacterial compounds designed to attack drug-resistant bacteria through a different mechanism.
The milestone was announced on September 7, 2026, by Boeing. Tata Boeing Aerospace Limited, or TBAL, is a joint venture between Tata Advanced Systems Limited and Boeing and has developed Hyderabad into an important manufacturing centre for one of the world’s most widely operated attack helicopters.
