Economy

News on Indian Economy

Sensorise Launches Made-in-India Wega M1 4G Module for EVs, Smart Meters and Industrial IoT

Union Communications Minister Jyotiraditya Scindia unveiled the Wega M1 on October 8, 2026. Developed using Qualcomm’s 216 LTE IoT Modem, the new module combines cellular connectivity, embedded SIM capabilities and remote network management features. Sensorise plans to begin commercial availability in the first quarter of 2027, initially working with selected enterprise customers.

Katarni Rice — Bihar’s Fragrant Ceremonial Grain from the Gangetic Plains

Katarni belongs to the agricultural landscape of Agro-climatic Zone IIIA of Bihar, a region forming part of the South Alluvial Gangetic Plain. Its recognised production belt is concentrated principally in South Bhagalpur, Banka and Munger districts, where specific pockets have traditionally produced grain with the aroma for which genuine Katarni is famous. Government quality specifications for GI Katarni identify the relevant zone with this south Gangetic alluvial landscape.

Indian Navy to Commission Indigenous Anti-Submarine Warfare Ship Mangrol on October 12

Built by Cochin Shipyard Limited (CSL), Kochi, with over 80% indigenous content, Mangrol is the third vessel constructed by the shipyard under its eight-ship ASW-SWC programme. The warship combines modern sonar systems, lightweight torpedoes, anti-submarine rockets and waterjet propulsion to undertake specialised operations in shallow maritime environments.

Kabra Extrusiontechnik’s GEON Commissions 20 MWh Battery Storage Project in Rajasthan

Under the EPC arrangement, the company undertook the design and engineering work, equipment procurement, installation, testing and commissioning of the battery storage facility. Such projects require the integration of battery modules, power conversion equipment, electrical protection systems, thermal management infrastructure and automated controls.