| Year: 2024-25 |
Tuesday 18th February, 2025 |
Volume/Issue: 63 |
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Amazon and the DGFT initially signed an MoU in November 2023 and the new objectives will build on those stated in the original agreement. Amazon and the DGFT will hold training sessions in 47 Indian districts and will also integrate its 'Export Navigator' tool into the DGFT's Trade Connect portal.
The partnership will see Amazon create communities for exporters which will serve as in-person networks for MSMEs. These communities will host stakeholders including government agencies, export organisations, and manufacturers among others.
"The collaboration will leverage diverse event formats to provide guidance to MSMEs on expanding product selection and scaling export operations," announced Amazon in a statement...
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The government has given one-year breather to small-and-medium sized pharma units -- with annual turnover of less than Rs 250 crore -- to comply with the revised Schedule M standards which seek to set quality standards and good manufacturing practices.
Industry associations, including the Laghu Udyog Bharati (LUB), and various state drug manufacturing associations representing the MSME pharma sector had requested for an extension until December 2026.
The extension, however, would be subject to small pharma companies submitting an online application to the Central Licensing Approval Authority along with a plan of upgradation within three months from the date of the publication of notification...
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The ePlane Company, an Indian electric aircraft startup, said on Monday it has agreed to supply 788 air ambulances in a deal valued at more than $1 billion.
EVTOLs are seeking to revolutionize urban travel by developing battery-powered aircraft, which can take off and land vertically, giving commuters a chance to avoid traffic snarls.
The aircraft would have an initial range of about 110 kilometres (68.4 miles), which can later be increased to more than 200 kilometres.
ePlane, which has raised $20 million so far from investors, will look to start with three prototypes of the ambulances, accommodating a pilot, a paramedic and a patient, along with a stretcher.
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Founded in 2015, Sensivision began selling REVIVE about a year ago—after nearly a decade of research and development.
REVIVE provides whole-body cooling and warming and comes with integrated technology that monitors the baby’s response to the cooling, its cerebral function, and the seizure activity of the brain.
REVIVE is the only one of its kind that can monitor seizures in a baby. REVIVE is a servo-controlled device, which maintains constant temperature. Servo control is a technology that enables precise control of the device through a feedback mechanism.
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Tvasta, a startup incubated at the Indian Institute of Technology, Madras, has built the country’s first 3D printed villa.
The advantages of 3D printing technology are that houses can be tailored to the need of individual customers and distinctive homes that stand out in style and functionality can be built. It reduces material waste, thus, contributing to an eco-friendly approach to housing construction and when concrete is used in 3D printing process, it enhances the resilience of the structures.
The startup has been manufacturing bus shelters for municipalities, boundary walls for Chepauk stadium and marine structures. Tvasta recently won the Building Materials and Technology Promotion Council performance appraisal certification scheme...
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India and the U.S. agreed to negotiate the first segment of a trade agreement by the autumn of 2025.
The two countries announced a framework of cooperation, the U.S.-India COMPACT (Catalysing Opportunities for Military Partnership, Accelerated Commerce & Technology) for the 21st century.
In technology cooperation, India and the U.S. announced a partnership, “Transforming the Relationship Utilizing Strategic Technology” (TRUST), to enhance cooperation across government, academia and the private sectors to support the application of critical and emerging technologies in a wide range of sectors from space and energy to biotechnology. TRUST is the tech pillar of COMPACT, and as such it replaces the Initiative on Critical and Emerging Technology (ICET) framework agreement the government had with the Biden administration...
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The Prime Minister's visit highlighted the strengthening Indo-French partnership across key areas, including technology, nuclear energy, sustainability, and cultural ties.
Taking to X, PM Modi also said that India and France were working together to enhance cooperation in logistics, sustainability and global trade, reinforcing a shared vision for a better maritime future.
KEY OUTCOMES OF PM'S FRANCE VISIT...
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“India saw a 7 per cent increase in textile and apparel exports last year, and now ranks sixth-largest exporter of textiles and apparels in the world. India’s textile exports have reached Rs 3 lakh crore, with a target to increase this to Rs 9 lakh crore by 2030,” the prime minister pointed out while speaking at Bharat Tex 2025.
“Textile industry is one of the largest providers of employment opportunities in the country, contributing 11 per cent to India’s manufacturing sector. Investments and growth in this sector are benefiting crores of textile workers,” he said.
The prime minister highlighted that the Bharat Tex was becoming a strong platform for engagement, collaboration and partnership for the policymakers, CEOs and industry leaders from across the world...
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India and European Free Trade Association (EFTA) nations on Monday launched a ‘dedicated desk’ to provide structured support to the European businesses to looking to invest, expand, or establish operations in India, which will catalyse $100 billion foreign direct investment (FDI) commitment under the trade deal signed between both sides.
The dedicated platform will act as a centralized support mechanism for EFTA companies looking to expand in India. It aims to fast track processes to make it easier for companies to do business, ensure seamless flow of capital, navigate areas of concerns, thereby strengthening trade and investment ties between both sides.
“With this $100 billion FDI, I personally believe that we could be catalysing overall investments of maybe $400 or $500 billion in the Indian ecosystem,” Goyal told reporters...
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In a bid to boost investment, increase economic growth, and remove unnecessary regulatory roadblocks, the Centre has set up a high-level task force under the leadership of the Cabinet Secretary.
The main objective of this task force is to focus on deregulating critical sectors and reducing the compliance burdens that have long plagued enterprises and projects. The move comes as part of the government’s broader plan to enhance India’s investment climate and make it easier for businesses to operate.
The task force has identified 11 ministries and departments as having the highest number of regulatory compliances, including the Ministry of Environment, Ministry of Corporate Affairs, and others. Additionally, states with particularly excessive regulations have been flagged for reform...
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The ‘IRIS’ (Indigenous RISCV Controller for Space Applications) chip was developed from the ‘SHAKTI’ processor baseline. This highlights India’s efforts toward self-reliance in semiconductor technology for space applications.
IIT Madras called this a “breakthrough in India’s self-reliance in space tech” in its post on X. The post further broke down the manufacturing process and claimed that the IRIS chip “will power ISRO’s space missions, ensuring advanced fault tolerance & computing reliability.”
The fact that chip design, fabrication, packaging, motherboard development, assembly, software, and booting all happened within India validates the strength of the country’s semiconductor ecosystem...
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The ALS boasts a range exceeding 250 km and is engineered for take-offs from advanced landing grounds situated at altitudes above 10,000 feet. Such locations are strategically significant along the border with China, particularly in the Ladakh region.
The ALS, equipped with precision targeting capabilities, can function effectively under all weather conditions and in environments where Global Positioning Systems (GPS) are unavailable or jammed, further noted the report. The system is designed as a stand-off weapon, capable of carrying anti-tank warheads and other payloads, depending on operational requirements...
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Designed to keep wearers warm in cold environments, this innovation addresses the serious health risks posed by prolonged exposure to very low temperatures, including hemoconcentration-based arterial blood clotting, breathing difficulties, and weakened immunity.
Extreme cold temperatures can lead to health problems that can even be fatal. Studies indicate that deaths due to extreme cold outnumber those caused by extreme heat.
The textile can convert electricity using a small rechargeable battery or solar energy into heat and can maintain a desired temperature between 40°C and 60°C for over 10 hours.
Additionally, the textile has broader applications, such as on-demand water heating and accelerating chemical reactions by wrapping it around the reaction vessels...
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This strategic update, targeting the DRDO Industry Academia – Centres of Excellence (DIA-CoEs), aims to refine research directions and integrate cutting-edge deep technology fields.
The newly introduced research domains include promising fields such as 'Compound Semiconductor Technologies' at IIT Bombay, innovative 'Laser Beam Combining based Communication, Power Transmission & Manufacturing and Extraction & Recycling of Materials' at IIT Hyderabad.
Other additions involve 'Software Defined Radios' at IIT Kanpur, 'Emerging RF Technologies' at IIT Roorkee, and 'Cryptography and Information Security' at IIT Kharagpur among others...
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This pioneering method allows farmers to dry fruits and vegetables through solar energy, offering a cost-effective solution to fluctuating market prices. By enabling the storage of produce for longer periods, farmers can sell their goods at more favorable prices during peak demand, thereby increasing profitability.
Rita Singh, Project Executive Officer at IIT Kanpur, emphasized the significance of this technology, saying, “Solar dehydration is an efficient and sustainable method to reduce agricultural waste and boost farm incomes. With the support of NABARD, we aim to expand this technology to more villages for widespread adoption.”
Further strengthening this initiative, IIT Kanpur has collaborated with the Department of Food Processing at CSJMU University to establish standard operating procedures and quality protocols for solar dehydration.
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लघु उद्योग भारती बीकानेर इकाई का प्रतिनिधिमंडल अखिल भारतीय संगठन मंत्री प्रकाश जी और अखिल भारतीय राष्ट्रीय महासचिव ओम प्रकाश जी गुप्ता, इकाई अध्यक्ष हर्ष कंसल, प्रांत उपाध्यक्ष बाल किशन परिहार जी के नेतृत में माननीय केंद्रीय वाणिज्य मंत्री पीयूष जी गोयल से मिला जिसमें जिप्सम पाउडर के इजिप्ट देश से आयात को रोकने के लिए बात हुई उन्होंने संबंधित विभाग को इस बाबत तुरन्त उचित कार्यवाही करने को कहा।
मंत्री जी के समक्ष ऑयल मिल के जीएसटी के पुनर्भुगतान जो 2021 से रुका हुआ है उसको भी दुबारा शुरू करवाने के लिए निवेदन किया गया उन्होंने हमें हमारी सभी उचित मांगों पर उचित कार्यवाही करने का आश्वासन दिया
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