Author: News Desk

India’s Rana Group has begun constructing a $10 billion smart manufacturing hub in Ras Al Khaimah, one of the UAE’s largest industrial investments. The Erisha Smart Manufacturing Hub will host 150 industries, generate $5–6 billion in annual turnover, and create around 4,000 jobs. Scale and Scope of the Hub Spanning 335 acres in the Al Ghail Industrial Area, the hub aims to reduce the UAE’s dependence on imports and boost the manufacturing sector’s contribution to the $483 billion national GDP. Once completed within five years, it will feature over 25 million square feet of industrial space and include commercial, residential,…

Tesla Group a.s., a leading battery energy storage systems maker, and SRAM & MRAM Group, a global technology and sustainable development firm, have signed a $1 billion agreement to establish electric vehicle (EV) battery manufacturing facilities in India and other countries. Gigafactories Across 16 Countries Under the deal, five gigafactories will be set up in India, with additional facilities in 15 countries, including the US, Malaysia, Oman, Brazil, the UAE, and Cambodia. Each factory will span roughly 500 acres and include comprehensive battery manufacturing and storage supply chains. Roles and Responsibilities SRAM & MRAM Group will handle regulatory approvals, grants,…

The European Union has rolled out a fresh plan to upgrade its partnership with India, while cautioning that New Delhi’s military ties with Russia and its purchases of Russian oil could complicate closer cooperation. The “New Strategic EU-India Agenda” was released in Brussels on September 17, 2025, by the European Commission and EU High Representative for Foreign Affairs Kaja Kallas. The document was presented at a press conference alongside Trade Commissioner Maroš Šefčovič. India a ‘crucial’ partner Calling India a “crucial” partner, Kallas outlined a wide-ranging agenda covering trade, technology, defence, climate, and security. She said the EU and India…

Tesla CEO Elon Musk responded to Siddharth Jain, an Indian businessman who took delivery of his brand-new Tesla Model Y in Mumbai on Tuesday. Jain, Executive Director of Inox Group, became the first person in India to buy a Tesla following the automaker’s launch in the country in July 2025. Jain Shares His Milestone on Social Media Jain posted a photo with his Tesla on X, tagging Elon Musk and writing, “This one’s for you @ElonMusk!!! I am beyond thrilled to receive India Inc’s 1st Tesla.” He shared that he had been dreaming of owning a Tesla since visiting the…

Kerala has shown robust growth across tourism, IT, MSMEs, and green energy, reinforcing its trajectory toward a knowledge-driven and progressive economy, according to a study by the MSME Export Promotion Council. Investment Highlights 2021-22 to 2024-25 The study, titled Investment, Growth & Development in Progressive Kerala, revealed that between 2021-22 and 2024-25, the state attracted new investment projects worth ₹70,916 crore. Completed projects accounted for ₹23,728 crore, while revived projects were valued at ₹10,780 crore. Projects under implementation across various stages totaled ₹3,03,720 crore. The data was sourced from the Centre for Monitoring of Indian Economy (CMIE). Sectoral Progress Kerala has…

Adani Ports and Special Economic Zone (APSEZ) is set to invest around ₹30,000 crore over the next two years to grow its domestic operations, with major focus on Mundra, Dhamra, and Vizhinjam ports. This investment more than doubles the ₹11,000-12,000 crore planned for the current fiscal year. Cargo Handling and Capacity Targets The company aims to handle one billion tonnes of cargo annually by 2030, with 850 million tonnes expected from Indian ports and 140-150 million tonnes from overseas assets. By the end of FY25, APSEZ had an installed capacity of 633 MMT across 15 Indian ports and terminals, handling…

On Prime Minister Narendra Modi’s 75th birthday, a name from his early years returned to the spotlight: Abbas Ramsada. Once a young boy living in the Modi household in Vadnagar, Abbas’s story has drawn renewed attention, reminding many of the modest roots and close bonds that shaped Modi’s upbringing. How Abbas Came to Stay With the Modis Abbas was the son of Miyanbhai, a close friend of Modi’s father, Damodardas. When Miyanbhai passed away, Damodardas brought Abbas into his home so the boy’s education would not be interrupted. Originally from Kesimpa village, Abbas moved in with the Modis because his…

On September 17, 2025, Pakistan and Saudi Arabia formalized a defence agreement under which any aggression against one country will be treated as an aggression against both. The Strategic Mutual Defence Agreement was signed during Pakistan Prime Minister Shehbaz Sharif’s state visit to Riyadh, where he met Crown Prince and Prime Minister Mohammed bin Salman at Al-Yamamah Palace. Strengthening a Historic Partnership The pact builds on nearly eight decades of strong bilateral ties, grounded in Islamic solidarity, shared strategic interests, and mutual trust. A joint statement noted that the agreement reflects the two countries’ commitment to enhance security cooperation, strengthen…

Meta CEO Mark Zuckerberg used the company’s annual Connect event to showcase its most ambitious wearable yet, the Ray-Ban Display glasses. Unlike earlier models, these glasses feature a small screen inside the lens, letting users check messages, view maps, or even take calls without reaching for their phone. Why Glasses, Not Phones Zuckerberg argued that glasses are the best way to bring AI into everyday life. “They let you stay present while still getting access to powerful tools,” he said. Users can see captions during conversations, get real-time translations, and even save transcripts inside the Meta AI app. Features and…

The Integrated Transport Centre (ITC), part of Abu Dhabi’s Department of Municipalities and Transport, has rolled out the emirate’s first pilot programme for autonomous delivery vehicles. The project is a collaboration with K2 and EMX, the logistics arm of 7X, under the supervision of the Smart and Autonomous Systems Council (SASC). Abu Dhabi has also issued its first official licence plate for a self-driving delivery vehicle. Smart Logistics MilestoneThe autonomous “Auto-Delivery” vehicles, developed by K2 subsidiary Autogo, use AI-powered systems and smart mobility technology to navigate city streets and deliver goods without human intervention. Trial operations in Masdar City mark…