9MAY 2026INDIA & GERMANY DEEPEN DEFENCE TIES WITH NEW INDUSTRIAL PACT STRATEGYINDIA CALLS BIDS FOR INR 7,280 CR RARE EARTH MAGNET SCHEMEThe planned investment marks a major step in PepsiCo India growth strategy, helping the company meet rising consumer demand for packaged snacks and beverages. Changing food preferences, increasing disposable incomes, and the rise of quick commerce have created strong opportunities for the company to strengthen its market position.According to company executives, a significant portion of the investment will go toward a concentrated manufacturing facility under the PepsiCo India Madhya Pradesh plant initiative, along with snacks production facilities under the PepsiCo India Assam facility and PepsiCo India Tamil Nadu expansion plans. These projects are expected to improve operational efficiency and strengthen regional supply chains. India's fertiliser sector is one of the most tightly regulated industries in the country. Now, the industry is facing pressure from multiple directions at once, including state-level bans on non-subsidised products, tightening distribution controls, and increasing natural gas shortages.India's fertiliser industry started struggling when the Uttar Pradesh Government issued an order on January 9, 2026, banning the sale of non-subsidised fertilisers by companies and distributors authorised to sell subsidised products. This ban was retrospectively effective from January The stated reason for this ban was the practice of "tagging," where farmers were compelled to purchase non-subsidised products alongside subsidised ones. Letters were sent to major fertiliser manufacturers, including IFFCO, KRIBHCO, Chambal Fertilisers, and others.India Gets First Private Marine Gas Turbine Hub with Bharat Forge and the Andhra Pradesh government joining hands to establish a first-of-its-kind defense manufacturing facility in Visakhapatnam.The major announcement marks a significant step in strengthening India's naval defense ecosystem and reducing dependence on foreign countries for critical marine engine support.The project is expected to boost indigenous defense manufacturing, improve naval maintenance capabilities, and position India as a future regional hub for marine gas turbine repair and development.The new marine gas turbine hub will be developed by Bharat Forge in partnership with the Andhra Pradesh government. The facility will come up in Visakhapatnam, one of India's most strategic naval locations. Spread across nearly 80 acres inside the state's defense manufacturing corridor, the project is being seen as a major boost to the country's "Aatmanirbhar Bharat" mission in the defense sector. India's Hydrogen Push is gaining serious momentum after Advait Energy Transitions signed a strategic agreement with Norway-based TECO Fuel Cell Technology AS to manufacture hydrogen fuel cells in India.The partnership was announced during the 3rd India­Nordic Summit in Oslo and is being seen as a major step toward strengthening India's clean energy ecosystem and green hydrogen ambitions.India's Hydrogen Push initiative received global attention as the agreement was signed in the presence of Prime Minister Narendra Modi and Norwegian Prime Minister Jonas Gahr Store.The collaboration aims to bring advanced hydrogen fuel cell technology to India while boosting domestic manufacturing under the government's green energy roadmap.The agreement focuses on producing hydrogen fuel cell systems for multiple sectors, including heavy transport, marine applications, and stationary power generation. The companies also plan to create scalable clean energy solutions that can support India's growing demand for low-carbon technology. EXPANDING MANUFACTURING CAPACITY ACROSS KEY REGIONSFROM BANS TO GAS CUTS: INDIA'S FERTILISER SECTOR STRUGGLESINDIA'S HYDROGEN PUSH GETS BIG BOOST WITH NORWAY DEAL
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