News on Indian Economy
India had 147 data centres operated by 33 providers across the leading markets in H1 2026. Despite the addition of new capacity, colocation vacancy stood at 14.9%, indicating continued demand for data centre space. IIndia Brand Equity Foundation
Nepal’s Finance Minister Swarnim Wagle held bilateral talks with India’s Finance and Corporate Affairs Minister Nirmala Sitharaman in New Delhi on September 17, with post-flood reconstruction forming a major part of discussions that also covered trade, investment, energy, connectivity and broader development cooperation.
Developed and manufactured entirely in-house at Dr. Reddy’s biologics facility in Bachupally, Hyderabad, NIVORZ marks the company’s entry into biosimilar immuno-oncology in the Indian market. The launch also expands the presence of domestically manufactured biosimilars in a field of cancer treatment where access and treatment costs remain major concerns.
Under the front-end manufacturing arrangement, the companies will prepare for production of Nexperia’s MOSFET portfolio at Tata Electronics’ upcoming 300-mm semiconductor fab at Dholera in Gujarat. Nexperia’s discrete semiconductor products will also be assembled and tested at Tata Electronics’ semiconductor packaging facility being developed at Jagiroad in Assam.
Union Electronics and Information Technology Minister Ashwini Vaishnaw disclosed the scale of the investment pipeline at SEMICON India 2026 in New Delhi on September 17. The proposals span semiconductor manufacturing equipment, materials, industrial gases, chemicals and substrates, marking a significant broadening of investor interest beyond fabrication and chip packaging.
The composition of the latest orders is particularly significant because it cuts across several areas that have become central to modern military operations. Electronic protection of aircraft, secure communications, electro-optical surveillance, radar electronics, cybersecurity and software-based processing are increasingly interconnected elements of contemporary combat systems.
The steel-cutting ceremony for the vessel was held at Cochin Shipyard Limited in Kochi on September 17, 2026, in the presence of senior officials from the Indian Navy and the shipyard. Rear Admiral Kapil Mehta, Assistant Controller of Warship Production and Acquisition, attended the ceremony as the chief guest.
Repeated measurements can generate extremely large collections of spatial coordinates known as point clouds. These can then be processed to construct detailed three-dimensional representations of terrain, buildings, vegetation, infrastructure and other physical features.
Bengaluru-based deep-tech startup Yaanendriya is targeting this technology gap by developing inertial sensors, positioning modules, navigation controllers and sensor-fusion systems in India for drones, robots, autonomous vehicles and defence platforms.
The company’s counter-UAS portfolio includes the ARJUNA passive RF detection system, GANDIVA multi-band RF jammer and TRISHUL family of portable anti-drone systems. DroneVerse says its technologies are being developed for the requirements of India’s defence forces and critical infrastructure, with an emphasis on indigenous technology and reduced dependence on foreign components.
