News & Events
ECONOMY & POLICY

News & Events

Shri Sanjay Seth, Union Minister of State for Defence, inaugurated Garuda Aerospace’s Defence Drone Facility in Chennai, unveiling five advanced UAVs, including the Avalanche Victim and Swarm Drones. The event also saw the launch of social initiatives such as free drone training for soldie...

Shri Sanjay Seth, Union Minister of State for Defence, inaugurated Garuda Aerospace’s Defence Drone Facility in Chennai, unveiling five advanced UAVs, including the Avalanche Victim and Swarm Drones. The event also saw the launch of social initiatives such as free drone training for soldiers’ widows and RPC training for defence personnel. Garuda announced plans for a 76-acre Defence Park in Cheyyur to boost indigenous AI-powered defence drone systems. DTDC Express marked its 35th Foundation Day by launching Raftaar, a rapid commerce vertical offering 4–6 hour deliveries via hyperlocal dark stores. The company, in collaboration with BCG, also unveiled India’s first White Paper on Rapid Commerce, projecting a $20+ bn opportunity by 2030. Highlighting rising demand in Tier 2 and 3 cities, DTDC aims to set new benchmarks in speed, scale, and consumer engagement in logistics. City Lifts India celebrated its 40th Foundation Day with the launch of the #LiftingTheCities campaign and a roadmap to expand into Tier II and III cities. Founded in 1985, the company has built a strong reputation in elevators, escalators, auto walks, and parking solutions. With plans to scale IoT-enabled systems, enhance after-sales services, and target large infrastructure projects, City Lifts aims to strengthen its leadership in vertical mobility. Silvin Additives, a leading manufacturer of PVC and CPVC additives, has earned the NSF® Guideline 533 certification for its CPVC Super1Pack. The certification confirms that the formulation complies with stringent safety and health standards for products used in drinking water application.

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Infrastructure Transport

Modi Launches Rs 318.5 Billion Projects in Maharashtra

Prime Minister Narendra Modi on Wednesday launched infrastructure projects worth Rs 318.5 billion during his two-day visit to Maharashtra, including two landmark developments — the first phase of the Rs 196.5 billion Navi Mumbai International Airport (NMIA) and the second phase of the Rs 122 billion Mumbai Metro Line 3. India’s first fully digitised airport, NMIA, has been designed for multimodal connectivity and is being developed under a public-private partnership between Adani Airport Holdings, which holds a 74 per cent stake, and the City and Industrial Development Corporation of Maha..

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Real Estate

Tata Housing Sells Rs 10 Billion Homes in Bengaluru

Real estate developer Tata Housing on Wednesday announced that it has achieved home sales worth over Rs 10 billion in its newly launched residential project in Bengaluru, driven by strong demand. In a statement, the company said Tata Housing Varnam Phase I — part of the 135-acre integrated township Carnatica in North Bengaluru — has surpassed Rs 10 billion in sales since its launch in August 2025. Spread across 20 acres, Varnam Phase I has recorded sales of 377 units out of 582 apartments, along with 48 townhouses and row houses. The project has attracted substantial interest from both e..

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Infrastructure Transport

OMRON to Train 1,000 Graduates Annually at Bengaluru Centre

Japanese industrial automation giant OMRON announced on Wednesday that it will train and skill 1,000 fresh engineering graduates annually at its newly launched Automation Centre in Bengaluru. The initiative aims to enhance India’s employable manufacturing talent and build a resilient, future-ready industrial ecosystem. Motohiro Yamanishi, President of the Industrial Automation Company at OMRON Corporation, said, “We see immense potential in the dynamism of India’s manufacturing sector. The new Automation Centre underscores India’s vital role in our global and Asia-Pacific vision. It i..

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