Economy

News on Indian Economy

Kankaria Depot Sets a New Green Benchmark as India’s First Water-Neutral Railway Coaching Facility

The depot’s system is built around phytoremediation, an eco-friendly process in which plants and associated biological activity help remove or reduce contaminants from water. At Kankaria, this natural treatment is combined with a multi-stage purification chain that includes wetland-based cleansing, followed by carbon filtration, sand filtration, and ultraviolet disinfection before the water is reused for operational purposes.

VinFast Deepens India EV Push

The launch is also significant because it builds on VinFast’s local manufacturing base in Tamil Nadu. The company inaugurated its EV assembly plant at SIPCOT Industrial Park, Thoothukudi, in August 2025, describing it as its first facility outside Vietnam.

India, Russia Hold Round Table to Deepen Steel Sector Cooperation

The Russian delegation, which included representatives from industry and allied sectors, joined Indian counterparts for discussions on areas of mutual interest across the steel value chain. According to the government, the interaction served as a platform for constructive engagement and a broader review of ongoing cooperation between the two countries in steel and related industries.

India Pushes Clean Energy Drive with Focus on Hydrogen, Nuclear Power and Innovation

Dr. Singh said India’s broader energy roadmap seeks to balance sustainability with energy security. He pointed to plans for nearly $100 billion in oil and gas investments, expansion of exploration areas to 1 million square kilometres, and a target to raise natural gas’s share in the energy mix to 15 percent. He added that India’s refining capacity is also continuing to grow, reinforcing the country’s standing in the global energy sector.