Swiss companies like engineering firm ABB and logistics group Kuehne+Nagel are stepping up investments in India, driven by rapid growth and a $100 billion trade and economic partnership agreement (TEPA) with the European Free Trade Association (EFTA), which includes Switzerland, Norway, Iceland, and Liechtenstein. TEPA, set to cut tariffs
India has exported military equipment to more than 100 countries in the past financial year, with the United States, France, and Armenia emerging as the top customers, according to official sources. The U.S. imports include aircraft and helicopter components for defence companies such as Lockheed Martin and Boeing, while
The Central Electricity Authority's National Electricity Plan-Transmission, under the Ministry of Power, projects an increase in Tamil Nadu's electricity demand by 7,000 megawatts (MW) due to green hydrogen and green ammonia production. The Ministry of New and Renewable Energy (MNRE) has identified coastal regions in
A high-level delegation from Rhineland, Germany, led by Minister for Economic Affairs Daniela Schmitt, met Telangana’s Industries and IT Minister Sridhar Babu to discuss investment and partnership opportunities across sectors. The talks focused on chemicals, pharmaceuticals, biotechnology, vaccines, packaging, poultry, agriculture, automobiles, and logistics.
Minister Babu highlighted Telangana’s
The Airports Authority of India (AAI) and Delhi Research Implementation and Innovation (DRIIV) have signed a memorandum of understanding (MoU) to foster innovation, enhance operational safety, and support sustainable growth in India's aviation sector. The partnership aims to create an ecosystem for startups to develop technological solutions addressing
Commerce and Industry Minister Piyush Goyal highlighted the need to understand and respect mutual sensitivities to expedite India-European Union free trade agreement (FTA) negotiations, warning that no deal would be possible if the EU insists on opening up the dairy sector.
Speaking at the Asia-Pacific Conference of German Business, Goyal
Highlights include PM Modi advocating for global governance reforms and financial integration at the BRICS Summit, while India projects 7% economic growth amid reforms and digital innovation.
