8JULY, 2026TOP STORIESThe state-run engineering major BHEL reports a consolidated net profit of Rs 377 crore in the April­June quarter. This marks a sharp recovery from a Rs 455 crore loss in the same period last year. This strong financial rebound is more than just a company-specific improvement. It reflects broader momentum building within India's core manufacturing and infrastructure sectors.With revenue rising nearly 40 per cent year-on-year and total income touching around Rs 7,900 crore, the performance highlights a revival in industrial activity and a strengthening capex cycle.The turnaround comes at a time when India is aggressively pushing domestic manufacturing through initiatives like Make in India, increased infrastructure spending, and a renewed focus on energy security. India has taken another major step to strengthen its India semiconductor mission. The Union Cabinet has approved Semiconductor Mission Phase 2 with an outlay of Rs 1.27 lakh crore. The move aims to boost chip manufacturing, design, and the complete electronics supply chain. The decision also supports India's goal of becoming a global semiconductor hub. The India semiconductor mission is expected to attract huge investments and reduce the country's dependence on imported chips.The Cabinet also approved the second phase of the Mobile Phone Manufacturing Scheme with an outlay of Rs 62,500 crore. The new package is expected to support domestic manufacturing and increase exports. It also builds on the progress made under the first phase of the semiconductor program. India's latest free trade agreement with the United Kingdom could reshape its global trade position.The deal supports India's ambition to become a leading manufacturing hub. It offers near-total India's latest import strategy marks a decisive shift toward economic resilience, as the country identifies nearly USD 51 billion worth of critical imports for domestic manufacturing.The move comes in response to lessons learned from global disruptions such as the COVID-19 pandemic, geopolitical conflicts, and supply chain breakdowns. This has significantly exposed vulnerabilities in heavily import-dependent economies. By prioritizing local production of key goods from solar components to industrial machinery, India is not only reducing its reliance on foreign suppliers. But also building a stronger, more shock-resistant economic framework capable of withstanding future global crises. South India has become a preferred destination for cement manufacturers looking to expand capacity and secure long-term growth.States like Andhra Pradesh are attracting strong investor interest due to rich limestone availability, efficient logistics networks, and supportive industrial policies.BHEL'S Q1 TURNAROUND SIGNALS REVIVAL IN CORE INDIAN MANUFACTURINGINDIA BUILDS ECONOMIC SHIELD WITH 51B IMPORT STRATEGYWHY EVERY CEMENT MAJOR WANTS A BIGGER SOUTH INDIA FOOTPRINTINDIA BETS BIG ON SEMICONDUCTORS WITH RS 1.27 LAKH CRORE PLANCAN THE INDIA-UK FTA MAKE INDIA EUROPE'S MANUFACTURING HUB?This growing momentum is reflected in the latest move by Dalmia Bharat, which has laid the foundation stone for a Rs 3,100 crore cement plant in the state.The project highlights how leading players are strengthening their presence in the region to tap rising infrastructure demand. This will improve supply efficiency, and gain a strategic advantage in one of India's fastest-growing construction markets.
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