News on Indian Economy
According to official trade statistics released by the Ministry of Commerce and Industry on October 15, 2026, merchandise exports increased by $8.32 billion year-on-year. Electronic goods emerged as the fastest-growing major export category, registering an increase of 70.44%, while engineering goods, petroleum products and chemicals also recorded substantial growth.
Segritech’s technology has already been deployed for grading pomegranates and apples, while the company is conducting trials involving oranges. According to the startup, a deployment serving pomegranate growers in Gujarat’s Bhuj region helped participating farmers achieve approximately 30% higher price realisation through more accurate grading and segregation of produce.
On the second day of the summit, discussions focused on the 220 MW Bharat Small Reactor programme, which builds upon India’s established Pressurised Heavy Water Reactor (PHWR) technology. The initiative aims to enable industries with large electricity requirements to participate in developing nuclear power facilities for captive consumption.
OSTO has developed its cybersecurity platform to address the fragmented security infrastructure commonly encountered by startups and smaller enterprises. Businesses often need separate vendors for application security, cloud protection, vulnerability testing, regulatory compliance and cybersecurity advisory services. Managing these different services can increase operating costs, complicate implementation and create gaps between security systems.
Cosmochute was established by Janhavi Gore, Amit Chowdhary and Dhruv Alok Sangal, bringing together expertise in aerospace engineering, robotics and technology development. The company focuses on building reusable infrastructure that can support long-duration activities on the Moon rather than developing individual robotic systems exclusively for one mission.
The ₹500 crore capital investment will support the establishment of additional manufacturing facilities at BHEL’s Heavy Electrical Equipment Plant in Haridwar. The expansion will strengthen the company’s ability to manufacture equipment for thermal and nuclear power-generation projects, two sectors that require sophisticated engineering, precision manufacturing and stringent quality standards.
Reliance’s battery manufacturing project has evolved considerably as the company expands its ambitions in advanced energy storage technologies. Earlier development plans envisaged a manufacturing capacity of 30 GWh annually, which was subsequently increased to 40 GWh, with provisions for further expansion to 100 GWh.
The reported delivery programme represents an important transition for the LUH from development and flight evaluation towards operational production. Limited Series Production enables aircraft manufacturers and military operators to introduce a new platform in controlled quantities while establishing production, maintenance and operational support arrangements.
India’s merchandise exports to the United States rose from $45.73 billion during April–September 2025 to $50.81 billion during April–September 2026, representing an increase of approximately $5.08 billion. The expansion demonstrates the resilience of bilateral merchandise trade despite changes in tariff structures and uncertainties surrounding international trade policies.
According to Moroccan newspaper L’Opinion, Tata Advanced Systems is examining the possibility of integrating the LAMV 4×4 into its existing Moroccan manufacturing operations. The proposed addition would expand the company’s product portfolio beyond the heavier WhAP 8×8 platform and enable the facility to manufacture vehicles intended for different military requirements.
