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Despite rising formal credit supply, India’s MSME sector continues to battle a ₹30 lakh crore credit gap—most pronounced in rural and women-led enterprises. SIDBI’s latest report highlights the urgent need for inclusive, localized financial solutions to unlock growth in India’s tier 2, tier 3 cities and rural heartlands.
Through this partnership, OUS will initially focus on selling advanced spectrum analyzer drones for LS Spectrum, transforming spectrum monitoring across sectors like telecommunications, defense, homeland security, and civil aviation.
As part of the agreement, Zhejiang Meishuo Electric Technology Co., Ltd. will provide technical expertise to Sterling Tools’ wholly owned subsidiary, Sterling Tech-Mobility Limited, for the production of latching relays.
The ±800 kV, 6,000 MW bi-pole and bi-directional HVDC link will span over 1,200 kilometers and is part of India’s ambitious renewable energy plans, as it feeds into the 500 GW renewable evacuation and interstate transmission system.
The collaboration combines CSL's extensive shipbuilding expertise with SLET's renowned design and technical capabilities to create Mobile Offshore Drilling Units (MODUs) tailored to meet the unique needs of the Indian offshore drilling sector.
HAL and DRDO are leading a ₹60,000 crore upgrade of India's fleet of Su-30MKI aircraft. Native radar and avionics improve fighting power, demonstrating India's military independence and creating economic opportunities via exports.
The Central Government has given the Indian Defense Forces permission to use an emergency procurement method to acquire vital weapon systems for their operational needs.
The acquisition proposals were confirmed at a meeting of the Defence Acquisition Council (DAC), the ministry’s highest decision-making body on the matter.
This will be Prime Minister Narendra Modi’s tenth address to the nation since March 2020. The first was on March 19, 2020, in which PM Modi had declared the Janta Curfew amidst rising COVID-19 cases.
Union Minister of State for Health and Family Welfare, Bharati Pravin Pawar, on October 21 announced that the government had set an objective of vaccinating the country's entire adult population by the end of the year.
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