Economy

News on Indian Economy

Global Investors Representing Over $1 Trillion Gather in New Delhi Alongside BRICS Summit

The investment gathering is being convened by the Sovereign Wealth Fund Institute (SWFI) at The Oberoi in New Delhi. SWFI describes iBRICS as a private, invitation-only investment forum timed to coincide with the BRICS Leaders’ Summit, rather than an official event organised by the Government of India or the BRICS Chairship. The main BRICS Leaders’ Summit will take place separately at Bharat Mandapam.

Dixon Technologies Plans Entry Into Aerospace and Defence Electronics as Next Growth Frontier

Rather than treating these markets as simple extensions of its existing consumer-electronics operations, the company is developing a broader capability roadmap covering capital allocation, specialised talent and strategic partnerships. The objective is to move further into technologically demanding products while building what Dixon describes as a globally competitive manufacturing platform.

DRDO Secures Patent for Indigenous BAM-H24 High-Energy Fuel for Advanced Solid Rocket Propulsion

BAM-H24 is rich in boron, hydrogen and nitrogen, elements of considerable interest in high-energy propulsion chemistry. According to the University of Hyderabad, the compound combines strong chemical and thermal stability with relatively low sensitivity to impact and friction. It is also non-hygroscopic, helping it resist moisture absorption during storage and handling.

Indrajaal Expands Made-in-India AI-Powered Anti-Drone Defence for Critical Infrastructure

At the centre of the architecture is SkyOS, Indrajaal’s AI-driven autonomy and air-command platform. SkyOS combines information from acoustic sensors, radio-frequency systems, electro-optical cameras and thermal sensors to create a common picture of low-altitude airspace. The platform can classify an incoming drone, predict its trajectory and select an appropriate response within seconds.

TriNano Technologies: India’s Nano-Coating Push to Make Solar Panels Cleaner, Cooler and More Productive

Mumbai-based TriNano Technologies Pvt. Ltd. is attempting to solve this problem at the surface of the solar module itself. The SINE IIT Bombay-incubated deep-tech company has developed an indigenous solid-state nano-coating designed to combine self-cleaning, anti-reflection and light-trapping properties in a layer only a fraction of the thickness of a human hair.

Tembo and Belgium’s New Lachaussée Plan 100-Million-Round Ammunition Manufacturing Facility in India

Under the Tembo-New Lachaussée project, the Belgian company will provide a complete ammunition production line for two calibres, while also supplying tooling that will allow production of two additional calibres. The project is valued at approximately €50 million, with equipment deliveries and installation planned across 2028 and 2029.