India-UK FTA Waives Duties on Farm and Marine Exports

26 Jul 2025 CW Team

Union Home Minister and Minister of Cooperation, Shri Amit Shah, has congratulated Prime Minister Narendra Modi on the signing of the landmark India–UK Free Trade Agreement (FTA), calling it a major milestone in global trade and a proud moment for every Indian.

In a post on the social platform X, Shah stated that the FTA exemplifies Modi’s people-centric trade diplomacy. The agreement waives duties on 95 per cent of India’s agricultural exports and provides zero-duty access for 99 per cent of marine products, significantly benefiting farmers and fishers.

He added that the treaty reinforces the Make in India initiative by opening broader international markets for Indian artisans, weavers, and manufacturers in sectors such as textiles, leather, footwear, gems and jewellery, and toys. According to Shah, the FTA boosts the global competitiveness of India’s traditional industries and elevates local products to international platforms.

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..