Loading...
| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102303) | |
2311. CPP Investments strengthens commitment to India with ₹2,080 crore investment in NHIT
- On 27 March,2025, Canada Pension Plan Investment Board (CPP Investments) announced a follow-on investment of ₹2,080 crore (C$346 million) in the units of National Highways Infra Trust (NHIT), an Infrastructure Investment Trust (InvIT) sponsored by the National Highways Authority of India (NHAI).
- “India remains a strategic focus for CPP Investments, with infrastructure such as toll roads playing a key role in driving the country’s rapid economic growth.
- Following the transaction, NHIT’s total portfolio will span over 2,300 kilometres across 12 Indian states: Andhra Pradesh, Assam, Chhattisgarh, Gujarat, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan, Uttarakhand, Uttar Pradesh, Telangana, and West Bengal.
2312. India’s IT Industry Surges To $283 Bn In 2024-25
- India’s IT industry has witnessed remarkable growth over the past decade, with its total revenue projected to reach USD 283 billion in the financial year 2024-25, up from USD 118 billion in 2014-15,
- The sector's export revenue has also surged significantly, increasing from USD 100 billion in 2014-15 to an estimated USD 224 billion in 2024-25, reinforcing India’s position as a global technology hub.
- The Indian government has played a pivotal role in driving this expansion through various policy measures and initiatives. These include the establishment of 67 Software Technology Parks of India (STPI) centres, 100 per cent Foreign Direct Investment (FDI) in the IT sector, and BPO promotion schemes to foster growth in smaller towns and cities.
2313. DRDO, Indian Navy Successfully Test-Fire Indigenous VLSRSAM
- On 26 March 2025,(DRDO) and the Indian Navy successfully flight-tested the indigenously developed Vertically Launched Short-Range Surface-to-Air Missile (VLSRSAM) from the Integrated Test Range (ITR), Chandipur, Odisha.
- Defence Minister congratulated DRDO, the Indian Navy, and industry partners, highlighting the missile as proof of India’s growing defence R&D capabilities.
- The test demonstrated the missile’s capability to engage ship targets, marking a significant leap in India’s indigenous naval strike capabilities.
2314. Make in India Shines: 10th ACTCM Barge Launched
- On 26 March 2025, the Ministry of Defence celebrated the launch of the 10th Ammunition Cum Torpedo Cum Missile (ACTCM) Barge, LSAM 24 (Yard 134), at M/s Suryadipta Projects Pvt Ltd, Thane.
- The Barges, entirely indigenously designed and built in collaboration with an Indian ship design firm and the Indian Register of Shipping, exemplify the “Make in India” and “Aatmanirbhar Bharat” initiatives.
- The event marks another proud moment in India’s journey toward self-reliance in defense manufacturing.
2315. J&K: Over 46,800 homes built under PMAY-G in Poonch, beneficiaries share their stories
- On March 26, 2025, officials confirmed that 46,800 homes have been constructed in Poonch district under the Pradhan Mantri Gramin Awas Yojana (PMAY-G).
- The initiative has provided permanent housing to low-income families living in kutcha (mud) houses. More than 50 concrete homes were built in Noorkot, near the Line of Control (LoC), ensuring better living conditions for residents.
- The PMAY-G scheme has played a vital role in rural development in J&K, ensuring that underprivileged families receive secure housing. The initiative has enhanced living conditions and provided long-term stability for thousands of beneficiaries.
2316. GoI Allocates Rs 29,903 Crore for Jammu Kashmir’s Highway Infrastructure
- On March 26, 2025, the Government of India (GoI) allocated Rs 29,903 crore for the development and expansion of National Highways (NHs) in Jammu and Kashmir, resulting in the construction of 1,003 km of new highway stretches over the past five years.
- The Ministry of Road Transport and Highways (MoRTH) is focusing on highway upgrades, electronic monitoring, and road safety audits. The Qazigund-Banihal stretch of NH-44/NH-1A now features Advanced Traffic Management Systems (ATMS) for real-time oversight. The government has pinpointed 200 accident-prone black spots and is addressing them with measures like improved road signage and markings, crash barrier installations, speed control systems, and long-term fixes such as road widening and better junctions.
- The Rs 29,903 crore investment highlights the government’s commitment to modernizing J&K’s transportation infrastructure, improving road safety, and boosting regional connectivity. With ongoing and future projects, the state is expected to experience enhanced mobility, economic growth, and improved road safety measures.
2317. Hetvi Construction Expands in Solar and Water Infrastructure
- On 26 March 2025, It was reported that, Hetvi Construction is strengthening its presence in India’s infrastructure sector, securing key EPC contracts in solar power and water supply.
- Hetvi Construction, in collaboration with Waaree Renewable Technologies and Jayantisuper Construction, has secured an EPC contract for a 125 MW solar plant in Assam.
- Beyond solar, Hetvi Construction is executing multiple tube well-based single village water supply schemes across Uttar Pradesh, covering Meerut, Prayagraj, Auraiya, Kanpur Dehat, Amethi, Azamgarh, Ayodhya, and Farrukhabad. The company is also involved in:
2318. BHIM 3.0 launched New features,
- ON 26 March 2025 The National Payments Corporation of India (NPCI) has launched BHIM 3.0, the latest upgrade to the Bharat Interface for Money (BHIM) app, introducing a suite of new features aimed at simplifying expense management and enhancing user experience.
- BHIM 3.0 empowers users with tools to track, monitor, and split expenses effortlessly. The app now includes a Split Expenses feature, allowing users to divide bills among friends and family for activities like dining, rent, or shopping.
- Merchants can now benefit from BHIM Vega, an integrated in-app payment solution that allows instant transactions without switching between platforms. This feature enhances customer convenience and streamlines business operations.
Click here to find 171 similar incidents of Bharat Economic Growth -> Digital Economy
2319. SpaceX launches ‘Nila’ satellite; marks major milestone for Kerala's space startup HEX20
- On 26 March 2025 For Malayalis, it’s a moment to rejoice for satellite ‘Nila’ is up in the skies with a device that will control the movement of critical components in space missions.
- The satellite, named after Kerala’s longest river, was launched by SpaceX’s Transporter 13 mission on March 15 and will control parts such as solar arrays and antennas.
- Nila, which ferried to space the actuator payload made by German firm Decubed, was put together by city-based Hex20. The mission was backed by the Indian National Space Promotion and Authorisation Centre (IN-SPACe), the government agency that authorises the activities of startups in the sector.
Click here to find 461 similar incidents of Make in India / Atmanirbhar -> Space
2320. Alstom Delivers 500th Electric Locomotive for Indian Railways from Madhepura Facility
- On 25 March 2025 Alstom a global leader in sustainable transport solutions, has marked a significant achievement by delivering its 500th electric locomotive to Indian Railways.
- This accomplishment highlights the company’s dedication to advancing India’s rail infrastructure and supporting its ambitious freight transport goals.
- The 500th fully India-manufactured Prima T8 WAG12B electric locomotive was launched at Alstom’s advanced manufacturing facility in Madhepura, Bihar, with the presence of important officials from Indian Railways .