9OCTOBER 2026Green Energy Corridor Phase III is emerging as more than a renewable-power evacuation program, with the government approving a Rs 1,86,405 crore GEC-III scheme to strengthen intra-state transmission and deploy battery storage.The plan includes 51,126 circuit km of transmission lines, 228,903 MVA of transformation capacity and 50 GWh of BESS to support evacuation of up to 135 GW of renewable energy by FY2032-33. While the immediate focus is grid integration, the scale of spending could create a sustained order pipeline for India's power-equipment manufacturing ecosystem, including transformers, switchgear, grid systems and storage technologies. India steps deeper into Pratt & Whitney's aero supply chain as Bharat Forge locks in a long-term contract for mission-critical aerospace engine components. Pratt & Whitney Canada selects the Indian manufacturer to supply high-value parts that will roll out from Bharat Forge's dedicated aerospace facility in India.The deal strengthens India's position as a reliable source for precision aero-engine work. Pratt & Whitney Canada frames the partnership as part of its push for a resilient, high-performing global supply chain. Bharat Forge, already a global player in safety-critical components, now expands its aerospace footprint through this collaboration. India targets a sharp rare earth push to close its magnet manufacturing gap. Principal Secretary-2 to the Prime Minister Shaktikanta Das spells out the urgency at the Kautilya Economic Conclave 2026.China dominates 80 to 90 percent of the global rare-earth magnet supply and its entire ecosystem. When China imposed export restrictions, the whole world felt the squeeze. India moves fast to build domestic capacity for rare-earth permanent magnets. These magnets power automobiles, electronic hardware, and a wide range of other manufacturing. Honda-Tata Technologies partnership is putting India's automotive engineering ecosystem at the center of Honda Motor's cost-reduction strategy. According to a credible source, Honda aims to reduce vehicle-development costs by up to 20 percent and halve development time from around five years through its partnership with Tata Technologies.The move comes as Honda reworks its India strategy after struggling with a limited product portfolio and GEC-III: GE VERNOVA, HITACHI EYE RS 1.86 LAKH CR GRIDINDIA EMERGES AS A KEY LINK IN PRATT & WHITNEY'S AERO SUPPLY CHAININDIA RACES TO BUILD DOMESTIC RARE-EARTH MAGNET CAPACITYHONDA-TATA TECHNOLOGIES: CAN INDIA CUT AUTO COSTS?declining market share. The more important question, however, is whether India's engineering talent, local supplier base and product-development capabilities can deliver the cost and speed advantages Honda now needs.
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