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News on Indian Economy

Indian Army and DRDO Forge Joint Framework to Accelerate Futuristic Military Technologies

The two organisations signed a Joint Working Arrangement (JWA) on August 25, 2026, creating a structured framework that will bring the Armed Forces, DRDO laboratories, academia and India’s defence industry into closer collaboration. The arrangement is intended to improve the transition of promising technologies from research and experimentation towards capabilities suitable for future military applications.

C-DOT Sharpens 6G, Quantum and Cybersecurity Push as India Targets Leadership in Trusted Telecom

One of the major highlights was the unveiling of C-DOT’s Quantum Products Wall, showcasing indigenous technologies from its Quantum Series. These include Quantum Key Distribution (QKD) and Post-Quantum Cryptography (PQC) solutions designed to protect communication networks as advances in quantum computing create new challenges for conventional encryption. A dedicated booklet consolidating C-DOT’s indigenous quantum-security technologies was also released.

India Readies Final BrahMos Systems for Philippines as Three-Battery Deal Nears Completion

The latest development comes shortly after Philippine Ambassador to India Josel F. Ignacio confirmed on August 12 that deliveries under the BrahMos programme remained underway and were progressing satisfactorily. Manila has increasingly described the missile as an important part of its emerging deterrence architecture as the country strengthens coastal and territorial defence capabilities.

India Targets 100 New Ships in Five Years to Reduce $75 Billion Foreign Freight Dependence

Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal backed a five-point strategy centred on fiscal reform, assured cargo support, competitive financing, regulatory simplification and improved ease of doing business. The proposals are intended to make Indian-flagged vessels more competitive against foreign operators and accelerate the expansion of domestic tonnage.

India Builds Wider Global Trade Architecture as New FTA Talks Target Economies Worth Another $15 Trillion

Goyal outlined the scale of India’s trade strategy while addressing business representatives during his visit to Japan on August 24, 2026. He is leading India’s largest-ever business delegation to Japan, comprising more than 200 representatives from sectors including manufacturing, semiconductors, automotive, steel, clean energy, financial services, healthcare and startups. The four-day visit covers Tokyo, Nagoya and Osaka and is intended to deepen investment, technology and industrial cooperation between the two economies.