Tata Group Launches ₹27,000 Cr Semiconductor Facility in Assam.
- Tata Group unveils a ₹27,000 crore semiconductor assembly and test facility in Assam, set to produce 15 billion chips annually and create 27,000 jobs.
- The facility, part of India’s semiconductor mission, will boost Assam's role in the global electronics ecosystem.
- Tata Electronics' new project will advance chip manufacturing and testing, supporting various global industries.
India to Host BIMSTEC Business Summit in New Delhi.
- India is hosting the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) Business Summit in New Delhi, inaugurated by External Affairs Minister Dr. S. Jaishankar.
- The summit focuses on trade facilitation, regional connectivity, energy security, inclusive growth, and sustainable development to enhance regional collaboration and investment.
BHEL to demo India's 1st Methanol-Fired Gas Turbine at NTPC Kayamkulam.
- Bharat Heavy Electricals Limited will demonstrate India's first methanol-fired gas turbine at NTPC's 350 MW Kayamkulam Combined Cycle Power Plant in Kerala.
- This project aims to revive unutilized gas turbine sets in India, affected by the unavailability of natural gas and naphtha.
- The demonstration, conducted in 2 phases, includes technology support & commissioning by BHEL's Hyderabad units.
106 Waterways Declared National in Last 10 Years.
- The government has declared 106 additional waterways as National Waterways over the past decade, increasing cargo shipping capacity sixfold.
- Cargo transported via waterways rose from 18 million metric tonnes in 2013-14 to 133 million metric tonnes in 2023-24.
- Waterways are noted for reducing logistics costs and providing a feasible option for cargo shipping.
India Prepares for World Bank’s B-Ready Index.
- The World Bank's B-Ready Index, replacing the Doing Business Index, evaluates the global business environment across ten key factors: business entry, labor, financial services, international trade, and taxation.
- It focuses on how well countries support business operations, resilience to economic shocks, and adaptability.
- The B-Ready Index is to be released in April 2026.
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