Economy

News on Indian Economy

Aule Space: Indian Autonomous Docking Technology for Satellite Life Extension and Orbital Servicing

Founded by Jay Panchal, Nithyaa Giri and Hrishit Tambi, Aule is developing what it describes as satellite “jetpacks”: compact servicing spacecraft that can rendezvous with another satellite, attach themselves to it and provide additional propulsion. The objective is to extend the operational life of valuable satellites instead of replacing them simply because their original fuel supply has been depleted.

India’s EV Transition Gains Ground as New Mobility Index Links Electrification to Energy Security

NITI Aayog released the second edition of the India Electric Mobility Index, or IEMI, in New Delhi on September 16, providing a state-by-state assessment of progress in electric vehicle adoption, charging infrastructure, policy implementation and technological innovation. The latest edition measures developments during 2025 and allows states and Union Territories to compare their progress with the inaugural 2024 index.

India’s Total Trade Reaches $506.9 Billion in Q1 FY27 as Export Markets Diversify

The figures were released by NITI Aayog on September 16 in the ninth edition of its Trade Watch Quarterly, covering the April-June 2026 period. The report finds that India’s trade expansion took place alongside surprisingly resilient global commerce, with world merchandise trade continuing to grow despite tariff disputes, supply-chain pressures and geopolitical disruptions.

Overcoming Tariffs and the Weaponisation of Markets: How India’s FTA Network Is Building Trade Resilience

A country that sends a large share of its exports to a single destination is particularly exposed to this kind of pressure. If tariffs rise sharply, the competitiveness of its exporters can deteriorate almost immediately. Orders may be cancelled, margins may shrink and industries can be forced to adjust production before alternative customers are found.

Where China Built on Coal, India Is Building on Sun: How Green Power Support India’s Next Industrial Expansion

By August 2026, India had installed around 295 GW of renewable-energy capacity, including more than 168 GW of solar and around 58 GW of wind. When nuclear power is included, the country’s non-fossil generating capacity had crossed 300 GW. Solar capacity alone has expanded from only a few gigawatts little more than a decade ago to well above 160 GW today.

PM Modi to Inaugurate SEMICON India 2026 as India Expands Semiconductor Manufacturing Ecosystem

The event comes at a significant stage in India’s semiconductor programme. Twelve semiconductor projects have now been approved under the first phase of the Semicon India Programme, while three of those projects have already entered commercial production. The Union Cabinet has also approved Semicon 2.0, intended to take India’s semiconductor strategy into its next phase.

DRDO Opens Testing, Funding and Software Source Codes to Indian Defence Startups and MSMEs

The initiatives were announced by Defence Minister Rajnath Singh during VIMARSH 2026, the DRDO-Industry Synergy Meet held in New Delhi on September 15. The Ministry of Defence said the new framework is intended to reduce both technical and financial barriers faced by smaller companies and deep-tech startups seeking to develop technologies for the armed forces.

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