Balu Forge Secures Artillery Shell Order
Balu Forge Industries has secured an initial contract to supply 30,000 units of 152 mm artillery shells to a major Indian energetics player. Supplies under the order are scheduled to commence in June 2026, marking a key step in the company’s expansion into the domestic defence sector.The order is expected to scale up to more than 100,000 shells with additional variants. The agreement also provides for the inclusion of further ammunition variants in the production pipeline, enabling the company to address evolving artillery requirements.The order will be executed through BFIL’s fully automa..
Government Notifies Two SEZs in Puducherry
The Government has notified two new Special Economic Zones in the Union Territory of Puducherry following approval by the Board of Approval for SEZs under the Department of Commerce at its one hundred and thirty-seventh meeting on 27 February 2026. The approvals are presented as part of a drive to strengthen the country’s industrial base, expand exports and deepen self-reliance in strategic sectors. Authorities described the decisions as milestones for Puducherry’s industrial and export-led growth strategy and as measures expected to expand opportunities for investment, manufacturing and h..
Canada India Launches Trade And Investment Forum
Canadian and Indian ministers met to reaffirm their shared commitment to strengthening bilateral trade and investment ties and to deliver tangible outcomes that support economic growth and increased commercial opportunities for businesses in both countries. The Indian minister welcomed the delegation noted as the largest Indian delegation ever sent anywhere in the world and highlighted opportunities to deepen cooperation across complementary sectors such as clean energy, critical minerals, agri-food, advanced manufacturing, digital technologies and skills development. Both ministers reiterated..
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