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News on Indian Economy

ICAR and APEDA Sea Protocol Cuts Mango Export Cost

The protocol developed by ICAR-CISH integrates an end-to-end quality assurance system covering residue-free production, Good Agricultural Practices (GAP), scientific harvesting, grading, packing, and post-harvest management. The exported fruits underwent Hot Water Treatment (HWT) and CISH-Met Wash, an ICAR-CISH-developed technology that enhances shelf life, minimizes disease incidence, and maintains fruit quality during long-distance transportation.

India’s Net FDI Inflows Nearly Quadruple to US$ 6.6 Billion in April

According to the Reserve Bank of India’s June Bulletin, equity inflows remained the largest component of FDI and rose significantly during the month. Equity inflows increased to US$ 12.42 billion in April, compared with US$ 6.82 billion in April last year. This strong growth helped lift total gross FDI inflows by 65% year-on-year to US$ 15.3 billion.

India to Launch Index of Service Production in July 2026 to Track Services-Sector Growth

The Ministry of Statistics and Programme Implementation will release trial monthly indices for 2025–26 and April 2026 on July 14, 2026. After this first release, the trial index will be published every month with a lag of around 60 days. The base year has been fixed at 2024–25, giving the new indicator a recent reference point for measuring activity in the modern services economy.

Adani Group Plans Up to US$ 10.56 Billion Airport Investment as Mundra Airport Begins Commercial Flights

The announcement comes as Adani Mundra Airport begins commercial flight operations, marking an important step in improving air connectivity for the Kutch region of Gujarat. The airport launched its first scheduled services in partnership with Star Air, connecting Mundra with key destinations such as Mumbai and Goa. Initial operations are also expected to include flights to Surat and Hindon, with Ahmedabad likely to be added later.

VOC Port Sets Green Maritime Benchmark With 45% Carbon Emission Reduction

The biggest highlight of the event was the release of VOC Port’s first Sustainability Report, which recorded major progress in the port’s decarbonisation journey. Renewable energy now offsets nearly 94% of the port’s energy-consumption equivalent, while net carbon emissions have been reduced by around 45%. The report also noted that carbon intensity per tonne of cargo has nearly halved over the past four years, positioning VOC Port as a leading institution in India’s green maritime transition.

SAIL Strengthens India’s Naval Power with Defence-Grade Steel for INS Dunagiri, INS Agray and INS Sanshodhak

The three naval platforms were commissioned into the Indian Navy on June 21, 2026, during a major ceremony at Syama Prasad Mookerjee Port in Kolkata. INS Dunagiri is an advanced stealth frigate, INS Agray is an anti-submarine warfare shallow water craft, and INS Sanshodhak is a large survey vessel. Together, they represent three important dimensions of naval power — combat capability, underwater threat response and maritime survey operations.

India–Mauritius $1 Billion Container Terminal Project Set to Strengthen Indian Ocean Trade and Maritime Partnership

The project is being viewed as a transformative step for Mauritius. Once developed, it can strengthen Port Louis as a major regional maritime centre connecting Asia, Africa and the Indian Ocean region. For India, the terminal offers a valuable opportunity to expand trade access, improve supply-chain connectivity and reinforce its long-standing partnership with Mauritius.

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