eznews.inIn a bid to enhance India's export financing ecosystem, Union Commerce and Industry Minister Piyush Goyal convened a high-level meeting with the Chairman of the State Bank of India, senior executives from major banks, and officials from ECGC Ltd. The discussions focused on reviewing the status of export credit and identifying new opportunities to support trade. Goyal also engaged with local business representatives in Srinagar, emphasizing the government's commitment to empowering regional enterprises, particularly in the agri-value chain sector. Additionally, during his visit to Bengaluru, he toured the Karnataka Industrial Areas Development Board's Aerospace SEZ, showcasing India's advancements in aerospace manufacturing. The minister further highlighted efforts to address critical infrastructure project issues in Gujarat and Rajasthan through the Project Monitoring Group, aiming to streamline execution timelines and eliminate investment hurdles. These initiatives reflect the government's comprehensive strategy to bolster industrial growth and enhance export competitiveness. 
Published: Jul 13 2025, 12 pmeznews.inIn the fiscal year 2024-25, the Indian government disbursed ₹10,114 crore under its production-linked incentive (PLI) schemes, with the electronics and pharmaceuticals sectors receiving the lion's share, accounting for approximately 70% of the total. The electronics sector garnered ₹5,732 crore, while pharmaceutical drugs received ₹2,328 crore. Introduced in 2021 with a total outlay of ₹1.97 lakh crore, the PLI scheme aims to bolster domestic manufacturing across 14 sectors. Notably, the electronics sector has emerged as a key player in India's export landscape, achieving a remarkable 32.46% growth in shipments, which rose from $29.12 billion in 2023-24 to $38.58 billion in 2024-25. Meanwhile, pharmaceutical exports also saw a 10% increase, reaching $30.5 billion, with Indian drugs now reaching over 200 countries. Other sectors benefiting from the PLI include telecom, food processing, and automobiles, among others.
Published: Jul 13 2025, 12 pmeznews.inAs India gears up for the rabi season, China's recent suspension of specialty fertiliser exports poses significant challenges and opportunities for domestic producers. This halt, which affects 80% of the supply for high-value crops, particularly impacts agricultural regions in Maharashtra, Gujarat, Tamil Nadu, Uttar Pradesh, and West Bengal. India imported approximately 130,000-140,000 tonnes of specialty fertilisers from China in the latter half of 2024, including controlled-release and water-soluble varieties. While domestic companies like IFFCO and Coromandel are poised to fill the supply gap, concerns over rising prices persist. The Indian specialty fertiliser market is projected to reach $5-6 billion by 2030, driven by sustainable farming practices and government support. However, challenges remain, including the higher costs of local products compared to Chinese imports and the need for advanced technology in certain fertiliser types. The situation underscores India's push towards self-reliance in agricultural inputs.
Published: Jul 13 2025, 10 ameznews.inThe Armed Forces Medical Services (AFMS) is set to explore drone technology for delivering essential medical supplies, including blood bags and medicines, to remote and challenging terrains, according to Surgeon Vice Admiral Arti Sarin. Speaking at a commissioning ceremony for medical cadets in Pune, she highlighted the integration of modern technologies such as telemedicine and artificial intelligence to enhance healthcare delivery. The AFMS is also responsible for the health of the four astronauts on the Axiom-4 mission to the International Space Station, with a Group Captain deployed in Houston for their care. Additionally, the Armed Forces Medical College (AFMC) is advancing medical education and research, boasting a state-of-the-art Genome Sequencing Laboratory aimed at diagnosing genetic disorders and supporting various medical fields. The college emphasizes innovative training methods, including medical simulations, to prepare future healthcare professionals effectively.
Published: Jul 13 2025, 8 ameznews.inAs India faces a rise in lifestyle diseases, the lack of a standardized front-of-pack (FoP) nutritional grading system highlights a significant gap in its food policy. With the increasing consumption of packaged foods, current nutritional labels are often dense and confusing. Experts advocate for a simple, transparent FoP system, akin to those in France and Australia, which have shown to improve consumer choices and public health outcomes. The Food Safety and Standards Authority of India (FSSAI) proposed the "Indian Nutrition Rating" (INR) in 2022, but key food categories like dairy remain exempt. Given dairy's widespread consumption and nutritional benefits, it is positioned as an ideal candidate for pioneering this grading system. Implementing such a framework could empower consumers, drive reformulation among producers, and ultimately enhance public health. A coordinated effort involving policy alignment, pilot programs, and consumer education is essential for this initiative to succeed.
Published: Jul 13 2025, 9 ameznews.inIndia is emerging as a significant player in the global semiconductor industry, bolstered by a robust talent pool and a burgeoning start-up ecosystem, positioning it among the top three design hubs worldwide. A report by McKinsey estimates that government initiatives could reduce the country's reliance on imported chips by $10 billion to $20 billion. To achieve this, India must leverage targeted incentives and forge strategic partnerships with global tech giants. The Indian semiconductor market is projected to grow from $34.3 billion in 2023 to over $100 billion by 2032, with the country currently accounting for 20% of the global semiconductor design workforce. Recent announcements of large-scale projects, ranging from $3 billion to $11 billion, signal a shift towards outsourced assembly and testing. However, challenges such as high capital costs and limited access to advanced manufacturing technologies may slow the transition to large-scale fabrication, particularly for sub-10-nanometer technologies.
Published: Jul 13 2025, 9 ameznews.inA goods train carrying diesel caught fire near Tiruvallur on Sunday morning, prompting immediate action from railway authorities. Fortunately, no casualties have been reported. Fire tenders were dispatched to the scene, and as a precaution, the overhead power supply for train services was suspended. Southern Railway announced the temporary suspension of local train services, alongside the cancellation of eight express trains, the diversion of five others, and the short-termination of eight additional trains. The cause of the fire remains under investigation, according to a railway official. The incident highlights ongoing safety concerns in railway operations, as authorities work to manage the situation and minimize disruption to services.
Published: Jul 13 2025, 9 ameznews.inIndia has developed a robust wind manufacturing infrastructure over the past three decades, boasting over 30 GW of blade capacity, 29 GW in gearboxes, 17 GW in generators, and more than 20 GW in towers. The Ministry of New and Renewable Energy (MNRE) is set to release new Revised List of Models and Manufacturers (RLMM) norms, which will mandate domestic sourcing of key components for wind turbines. Aditya Pyasi, CEO of the Indian Wind Turbine Manufacturers Association, emphasized that achieving 65% localization, with potential to reach 85%, is crucial for unlocking India's manufacturing potential. However, concerns arise over possible exemptions for ongoing projects, which could shift ₹2 lakh crore in economic activity overseas and jeopardize local jobs. With current capacity utilization at only 25%, the industry warns that diluted sourcing norms could lead to significant losses in local manufacturing value, undermining India's goal of reaching 100 GW of wind energy by 2030.
Published: Jul 13 2025, 8 ameznews.inAviation experts and pilots have expressed significant skepticism regarding the preliminary findings of the Air India Flight 171 crash investigation, particularly concerning the alleged role of the pilots. The Aircraft Accident Investigation Bureau (AAIB) report indicated that both engines of the Boeing 787 Dreamliner shut down shortly after take-off from Ahmedabad, but did not determine the cause. Experts suggest that mechanical failures may be to blame, rather than pilot error, with veteran aviator Captain Shakti Lumba arguing that the AAIB may have misinterpreted flight data. The Airline Pilots’ Association of India has criticized the investigation's transparency and the exclusion of qualified flight crew from the inquiry, raising concerns about a potential malfunction in the fuel control system. The investigation is ongoing, with a final report expected within 12 months, as industry stakeholders call for a more thorough examination of the data.
Published: Jul 12 2025, 10 pmeznews.inA preliminary investigation into the crash of Air India flight 171 shortly after takeoff from Ahmedabad has revealed that both fuel control switches were cut off, indicating a potential pilot error. The Aircraft Accident Investigation Bureau (AAIB) report, released on Saturday, did not assign blame or clarify how the switches were moved, nor did it identify the pilots involved. The Airlines Pilots’ Association of India criticized the report for its perceived bias and lack of transparency. The flight, which was bound for London, tragically crashed into a medical college hostel on June 12, resulting in the deaths of 241 people onboard and 19 on the ground, marking the deadliest aviation accident in a decade. Captain Sumeet Sabharwal, a 56-year-old veteran with 30 years of experience, and 32-year-old Co-pilot Clive Kunder were at the controls during the incident.
Published: Jul 12 2025, 9 pm
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