India Observers

  Indian Oil Corporation (IndianOil) has announced plans to establish India’s largest green hydrogen plant at its Panipat refinery in Haryana by 2027. This strategic move aligns with the country’s push for clean energy and carbon neutrality. The upcoming facility will have a capacity of 10,000 tonnes per annum and will be powered by renewable energy sources. It aims to support the refinery's operations and reduce its carbon footprint significantly. This project is a part of IndianOil’s broader commitment to invest in sustainable energy and advance India’s national green hydrogen mission. Once operational, the plant is expected to play a critical role in transforming the country’s energy landscape.

  Apple has announced the launch of its third retail outlet in India, set to open in the Phoenix Mall of Asia, Bengaluru. Following the successful openings in Mumbai and Delhi, this new store marks another step in the tech giant’s growing commitment to the Indian market. Located in one of Bengaluru's premier shopping destinations, the upcoming Apple Store is expected to offer the brand’s signature customer experience, featuring personalized support, hands-on product access, and the popular Today at Apple sessions. This expansion reflects Apple’s strategic focus on India as a key growth market, both in terms of sales and manufacturing. The Bengaluru store is anticipated to attract a strong customer base from the city’s tech-savvy population.

  According to the Reserve Bank of India (RBI), India contributed 48.5% of the global real-time payment transactions in 2023, largely driven by the widespread use of the Unified Payments Interface (UPI). This highlights India’s leadership in the digital payment ecosystem. The RBI credited UPI’s ease of use, interoperability, and increasing adoption across urban and rural areas for the surge in transaction volumes. India processed over 100 billion real-time transactions last year, setting a global benchmark. UPI continues to expand internationally, with countries like Singapore, UAE, and France beginning to integrate with the system. The RBI emphasized that India’s digital payment infrastructure is a model for other developing economies aiming for financial inclusion and transparency.

  India is exploring a potential collaboration with France's Safran to develop engines for its next-generation Tejas MK2 fighter jets. The move aims to boost the indigenous defense manufacturing ecosystem and reduce reliance on foreign suppliers. Safran, a global leader in aerospace propulsion, could bring advanced technology and co-development opportunities.  The Tejas MK2, an upgraded version of the Light Combat Aircraft, is expected to play a key role in India's future air defense. A partnership with Safran would mark a significant step toward self-reliance in military aviation.

  In a move to boost tourism and strengthen bilateral ties, the Philippines has announced a 14-day visa-free entry for Indian nationals. The policy, effective immediately, allows Indian travelers to explore the country for up to two weeks without the need for a visa, provided they meet certain conditions, such as holding valid visas or permanent residency from countries like the U.S., UK, Canada, Schengen states, Australia, or Japan. This initiative is part of the Philippines' broader efforts to attract more international tourists and promote cultural exchange. Officials hope the new visa policy will encourage more Indians to visit popular destinations like Manila, Cebu, and Boracay. The government encourages interested travelers to check the latest guidelines from official sources before planning their trip.

  India is set to allow foreign companies, including those from the United States, to bid for government contracts under a reciprocal access framework. The move is aimed at promoting fair competition and boosting international trade ties. Officials say the policy will permit firms from countries that offer similar access to Indian companies in their public procurement markets. This step aligns with India's broader push to attract foreign investment while ensuring Indian companies receive equal treatment abroad. The decision is expected to benefit sectors such as defense, infrastructure, and technology, while reinforcing India’s commitment to transparency and global economic cooperation.

  India has officially overtaken Japan to become the world's fourth-largest economy, marking a significant milestone in the country's economic journey. According to recent global financial data, India's nominal GDP has now surpassed that of Japan, reflecting strong growth in sectors like services, manufacturing, and digital technology. This achievement highlights India's rising influence on the global economic stage and underscores its resilience despite global uncertainties. Experts attribute the growth to a combination of domestic reforms, robust consumer demand, and expanding exports. Meanwhile, Japan has faced slower growth due to demographic challenges and a prolonged period of economic stagnation. India now stands behind only the United States, China, and Germany in terms of GDP, signaling its growing role in shaping the future of the global economy.

  . Uttar Pradesh Chief Minister has announced an ambitious initiative to boost sports infrastructure across the state. The plan includes establishing one mini-stadium in each of the state's 403 assembly constituencies and one sports college in every mandal (administrative division). This move aims to nurture grassroots talent, promote fitness, and provide better training facilities to aspiring athletes. The Chief Minister emphasized the role of sports in youth development and said the government is committed to creating opportunities for sportspersons in both urban and rural areas. The state government will allocate special funds for construction and equipment, with a focus on ensuring access to a variety of sports disciplines. This initiative is expected to enhance UP's presence in national and international sporting events.

  Reliance Consumer Products has expanded its beverage portfolio with the launch of RasKik Gluco Energy , marking its entry into the rehydration and glucose drink segment. This move follows the company’s recent revival of the iconic Campa Cola brand, signaling a broader push into India’s fast-growing FMCG market. RasKik Gluco Energy is designed to offer quick energy replenishment, targeting consumers in need of instant hydration, especially during hot weather or physical activity. With this launch, Reliance aims to compete with established players in the glucose drink category, offering an affordable and accessible alternative under its growing RasKik brand. The product will be rolled out across multiple states, with a focus on tier-2 and tier-3 cities, leveraging Reliance’s vast distribution network.

  Kaziranga National Park in Assam has emerged as the third most visited national park in India, witnessing a remarkable 35% increase in tourist footfall compared to the previous year. Famous for its population of the one-horned rhinoceros, Kaziranga attracted over 3.2 lakh visitors this season, marking a significant boost in eco-tourism in the region. Officials credit improved infrastructure, conservation success, and increased promotion efforts for the surge. The park's rich biodiversity and scenic wetlands continue to draw nature lovers and wildlife enthusiasts from across the globe. Kaziranga’s rise in popularity highlights growing public interest in India’s natural heritage and the importance of sustainable tourism.

  In a remarkable development, Tesla’s Chief Financial Officer, Vaibhav Taneja, an Indian-origin executive, has received a staggering compensation package worth $139 million in 2024. This figure places him ahead of some of the most high-profile Indian-origin CEOs, including Sundar Pichai of Google and Satya Nadella of Microsoft, in terms of annual earnings. Taneja’s pay package reflects Tesla’s aggressive compensation strategy, often linked heavily to stock awards and company performance. As Tesla continues its expansion and innovation in electric vehicles and energy solutions, Taneja's financial leadership has been credited as instrumental. This milestone not only highlights Tesla’s confidence in Taneja’s leadership but also marks a significant moment for Indian-origin executives making waves in the global corporate landscape.

  India has imposed restrictions on imports worth $770 million from Bangladesh through its land ports, significantly impacting bilateral trade between the two countries. This move affects nearly 42% of the total trade volume, causing concern among exporters and importers on both sides. The restrictions primarily target goods transported by road, which form a major portion of Bangladesh’s exports to India. Businesses are urging both governments to resolve the issue swiftly to avoid long-term disruption and economic losses. The reasons behind the restrictions remain unclear, but analysts suggest regulatory, security, or policy concerns may be factors.

  The Uttar Pradesh government has announced an ambitious plan to transform Dudhwa Tiger Reserve into a world-class eco-tourism destination. Located in the Terai region, Dudhwa is known for its rich biodiversity, including tigers, rhinos, elephants, and over 450 bird species. To boost tourism while preserving the fragile ecosystem, the state aims to develop sustainable infrastructure, eco-lodges, and guided nature trails. The initiative also includes community involvement to create employment opportunities and promote local culture. Officials say the project will highlight Dudhwa's unique natural heritage on the global map, balancing conservation with responsible tourism.

  Greater Noida is set to witness a major infrastructure boost with the development of a world-class railway station. Designed with a futuristic architectural style, the upcoming station promises to offer enhanced space, cutting-edge facilities, and improved connectivity for passengers. The new station will feature extended platforms, modern waiting lounges, advanced ticketing systems, and seamless integration with other modes of transport. It is expected to handle increased passenger traffic efficiently while providing a comfortable travel experience. This project aligns with the government's vision of modernizing India's railway network and turning key cities like Greater Noida into major transportation hubs. The transformation will not only benefit daily commuters but also boost economic activity and urban development in the region.

  Mumbai is set to welcome a new landmark by 2027—a 50-metre-high viewing tower in Bandra. Designed to offer panoramic views of the city and the Arabian Sea, the tower will be equipped with a telescope for enhanced sightseeing. Planned as a blend of tourism and urban greening, the project will also feature landscaped gardens and recreational spaces around the base, promoting eco-friendly public use. Authorities aim to boost local tourism while providing residents with a serene, elevated escape within the city. Construction is expected to begin in early 2026.

  In a significant political move, the Andhra Pradesh Legislative Assembly has passed a resolution urging the Central government to amend the Andhra Pradesh Reorganisation Act, 2014, to declare Amaravati as the only capital of the state. The resolution reaffirms the state’s commitment to Amaravati as its legislative, executive, and judicial capital. It seeks to put an end to previous proposals for multiple capitals, which had sparked widespread protests and legal battles. The resolution calls on the Centre to formally recognize Amaravati in the Reorganisation Act, ensuring clarity and stability in the state's administrative structure.

  India has extended crucial financial support to the Maldives by rolling over a $50 million Treasury Bill. The announcement was made by the High Commission of India in the Maldives, confirming that the State Bank of India (SBI) will continue to hold the T-Bill on behalf of the Government of India. The rollover reflects India’s continued commitment to strengthening its economic ties with the Maldives and supporting its financial stability. This move also comes amid ongoing regional cooperation efforts and reinforces New Delhi’s "Neighbourhood First" policy. Maldivian officials have welcomed the decision, highlighting the longstanding partnership and trust between the two nations.

  Mumbai is set to build its first underground rail line, a 7.4-kilometer stretch connecting Parel to Chhatrapati Shivaji Maharaj Terminus (CSMT). The project, aimed at easing congestion on one of the city's busiest routes, marks a major step in modernizing Mumbai’s rail infrastructure. This new corridor will run beneath the existing Central Railway line and is expected to significantly reduce travel time and crowding. Authorities are currently in the planning phase, with construction likely to begin after final approvals. Once completed, the line is expected to transform daily commutes for thousands of passengers and complement the city’s expanding metro and suburban rail network.

  Starlink, the satellite internet venture by Elon Musk’s SpaceX, has received a Letter of Intent (LoI) from India’s Department of Telecommunications (DoT), paving the way for the company to launch its satellite communication services in the country. This marks a significant step forward for Starlink’s entry into one of the world’s largest and fastest-growing internet markets. The LoI indicates that the Indian government is open to Starlink’s presence, subject to regulatory approvals and compliance. Once all permissions are secured, Starlink could offer high-speed internet access, particularly in remote and underserved areas, aligning with India’s digital inclusion goals. With this development, India joins a growing list of countries embracing satellite internet as a means to bridge connectivity gaps.

  LG Electronics has unveiled plans to invest ₹5,001 crore in establishing a new manufacturing facility in Sri City, Andhra Pradesh. This strategic move marks a significant expansion of LG’s operations in India and underscores the company’s commitment to strengthening its presence in one of its key markets. The upcoming facility is expected to boost local manufacturing capabilities, generate employment opportunities, and support the government’s "Make in India" initiative. Sri City, known for its robust industrial infrastructure, was chosen for its strategic location and logistical advantages. LG’s investment will focus on producing a wide range of electronics and appliances, catering to both domestic and export markets. The facility is projected to enhance LG’s supply chain efficiency and contribute to the overall economic development of the region.

India is set to undertake a major infrastructure expansion by converting 25,000 to 30,000 kilometers of existing two-lane highways into four-lane roads, Union Minister for Road Transport and Highways Nitin Gadkari announced.  The project, estimated to cost around ₹10 lakh crore, aims to boost connectivity, reduce travel time, and enhance road safety across the country. Gadkari emphasized that this transformation will not only support economic growth but also improve logistics efficiency, particularly in remote and rural regions.

  India is set to bolster its naval capabilities with the delivery of its second advanced stealth frigate, built in Russia under an intergovernmental agreement. The frigate is part of the Admiral Grigorovich-class, equipped with state-of-the-art sensors and weapons systems, including the BrahMos supersonic cruise missile. Constructed at the Yantar Shipyard in Kaliningrad, the frigate is designed to enhance stealth and survivability in modern naval warfare. This vessel follows the first frigate delivered in 2023 and is a key component of India’s efforts to strengthen its maritime defense in the Indo-Pacific region. Delivery is expected in mid-2024, marking another step in the deepening strategic partnership between India and Russia in defense cooperation.

  Maharashtra Deputy Chief Minister Devendra Fadnavis announced that the upcoming Navi Mumbai International Airport will be the first in India to offer water taxi connectivity. This innovative transport link aims to significantly reduce travel time between Mumbai and the airport by offering a seamless connection through waterways. Fadnavis emphasized the state’s commitment to integrated infrastructure, calling the airport a symbol of modern urban planning. The water taxi service is expected to enhance regional mobility and reduce road traffic congestion, setting a benchmark for future transportation models across the country.

  Airtel Africa has announced a strategic partnership with SpaceX to introduce Starlink’s high-speed satellite internet across its markets. This collaboration aims to expand internet access in remote and underserved regions where traditional connectivity is limited or unavailable. Starlink’s low-Earth orbit satellite network will complement Airtel’s existing infrastructure, helping to bridge the digital divide and support economic growth through improved connectivity. The rollout is expected to begin in select countries in 2024, pending regulatory approvals. This move aligns with both companies' missions to enhance digital inclusion and transform communication access across the African continent.

  In a groundbreaking move, the Andhra Pradesh government has signed a deal to establish India’s first  Quantum Valley  in  Amaravati , marking a significant milestone in the country’s pursuit of quantum technology leadership. This high-tech initiative will bring together academia, startups, and global tech giants to develop cutting-edge research in quantum computing, communication, and sensing. The Quantum Valley is expected to serve as a national hub for innovation, job creation, and advanced scientific development. According to official sources, the project will be  dedicated to the nation on January 1, 2026 , symbolizing India’s commitment to future-ready technologies. This move places Amaravati on the global quantum map and is poised to attract billions in investment and talent, transforming the region into a vibrant knowledge economy.

  Prime Minister Narendra Modi inaugurated the Adani Vizhinjam Port in Kerala, marking a significant milestone in India’s maritime infrastructure. Touted as the country's first deepwater container transshipment hub, the port is strategically located near international shipping lanes, aiming to reduce India's dependence on foreign ports like Colombo and Singapore for cargo handling. Developed by Adani Ports and Special Economic Zone (APSEZ), the port boasts world-class infrastructure, including the capacity to handle Ultra Large Container Vessels (ULCVs). It is expected to boost trade efficiency, generate employment, and place India on the global shipping map. With its operationalization, the Vizhinjam Port is set to transform the logistics landscape and promote economic growth in the region.

  In 2024, Apple’s App Store ecosystem generated $5.3 billion in total billings and sales in India, reflecting the platform’s growing role in the country’s digital economy. Notably, 94% of this commerce went directly to developers and businesses, with no commission paid to Apple. This includes revenue from apps offering physical goods and services, as well as advertising and other transactions outside Apple’s in-app purchase system. The figures highlight the App Store’s impact in empowering Indian developers and entrepreneurs, contributing to job creation and the expansion of the app-based economy. Apple continues to emphasize its commitment to providing a platform that supports innovation while enabling creators to retain the majority of their earnings.