Latest News on the Indian Economy
August 24, 2026
India and Brazil have signed an MoU to strengthen cooperation in telecommunications and ICTs, focusing on digital infrastructure, universal connectivity, cybersecurity, digital public infrastructure and emerging technologies.
Prime Minister Mr. Narendra Modi Interacts with CEOs, Founders of 20 Space Startups in New Delhi
Prime Minister Mr. Narendra Modi interacted with founders of 20 space startups, encouraging wider applications of space technology across agriculture, livestock, environment and other sectors while supporting India’s growing private space ecosystem.
India is strengthening trade and investment ties with Japan through a 200-member business delegation, with a focus on manufacturing, semiconductors, clean energy, automotive, steel and other high-technology sectors.
Uttar Pradesh to Strengthen Green Manufacturing with Large-Scale Biopolymer Plant
India’s first large-scale biopolymer facility in Uttar Pradesh is expected to begin operations in October 2026, with an investment of US$ 324 million and an annual PLA production capacity of 80,000 tonnes.
Department of Pharmaceuticals Secretary Mr. Manoj Joshi urged the medical device industry to strengthen its participation in regulatory discussions and called for a distinct framework focused on design, manufacturing and testing.
India’s Digital Economy to Expand Through Tier-2, Tier-3 and Rural India
Google India Managing Director Ms. Preeti Lobana said small enterprises, farmers and workers in Tier-2, Tier-3 and rural India will drive the next phase of India’s digital economy and broader AI adoption.
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