Reports of a "stalled" GE Aerospace engine deal for India's fighter programmes triggered alarm in late June 2026 — but a closer look shows two separate negotiation tracks: one for the Tejas Mk2 engine, progressing on schedule, and a second for the AMCA stealth fighter prototype, where GE has tripled its quoted price from roughly ₹70-80 crore to over ₹200 crore per engine. 3× 80% 15 200+ Price increase GE quoted for AMCA prototype F414 engines Technology transfer threshold Ind

The Andhra Pradesh government has approved Reliance Industries' ₹1.08 lakh crore (approximately $13 billion) investment to build a giga-scale AI Data Centre and Cable Landing Station across 855 acres in Vizianagaram district — one of the largest single AI infrastructure investments announced anywhere in the world in 2026. ₹1.08 Lakh Cr (~$13 Bn) 855 acres 2 May 21, 2026 Total approved investment value Land allotted across Polipalli, Bhogapuram West and East villages Core faci

India's iPhone exports crossed ₹2 trillion (approximately $24 billion) in FY 2025-26, making the iPhone India's single largest branded export across every product category tracked under India's Harmonised System trade classification — a milestone that confirms India is no longer Apple's experimental manufacturing outpost, but a core pillar of its global production strategy. ₹2 Lakh Cr (~$24 Bn) 75%+ 250,000 25-30% India's iPhone exports, FY 2025-26 iPhone's share of India's t

Skyroot Aerospace closed a $60 million Series C funding round on May 7, 2026, pushing the Hyderabad-based launch vehicle company past the $1 billion valuation mark — making it India's first private spaceflight unicorn, and a significant proof point for India's young commercial space sector. $60 Mn $1 Bn+ 2018 2022 Skyroot's Series C round size Post-money valuation, India's first private space unicorn Year Skyroot was founded ear Skyroot launched Vikram-S, India's first privat

India's space minister Jitendra Singh confirmed on May 6, 2026, that Gaganyaan's first crewed launch has been pushed to the first quarter of 2027 — the latest in a series of delays to a programme originally slated to fly in 2022, with three uncrewed qualification missions still required before any Indian sits in the capsule. Q1 2027 3 ₹20,193 Cr ($2.1 Bn) 4 New target for India's first crewed spaceflight Uncrewed qualification missions still required before H1 crewed flight T

India's Unified Payments Interface just passed the ten-year mark, marked publicly in early May 2026, having grown from a digital payments pilot into critical national infrastructure now studied and partially replicated by financial institutions and governments around the world. 10 years ₹29.53 Lakh Cr 2016 8 UPI's operational lifespan as of May 2026 Digital payments enabled via JAM Trinity + UPI integration, across 8 countries Year of UPI's original launch Countries where UPI

UK-headquartered Gorilla Technology Group has expanded its AI infrastructure partnership with Yotta Data Services through a project valued at approximately $2.8 billion — deploying over 20,000 additional NVIDIA B300 GPU cards across India by September 2026, in what will become one of the largest NVIDIA DGX Cloud clusters in the Asia-Pacific region. $2.8 Bn 20,736 Sep 30, 2026 5,000+ Total value of expanded Yotta-Gorilla AI infrastructure project Additional B300 GPU cards to b

India Semiconductor Mission 2.0, announced in Budget 2026-27 on February 1, has moved from announcement to operational reality in April 2026 — as the first project approved under its framework, the Odisha 3D packaging unit, broke ground, and two additional semiconductor manufacturing units received Cabinet approval in May 2026. ₹1,000 Cr ₹8,000 Cr 10 24 ISM 2.0 allocation for FY 2026-27 Modified semiconductor programme outlay FY27 Semiconductor projects approved — 6 states Ch

On April 19, 2026, the foundation stone for India's first advanced 3D glass semiconductor packaging unit was laid at Info Valley, Bhubaneswar — the first facility of its kind on the subcontinent, and only the second outside of the United States and Japan operating at this technology level. ₹1,943 Cr ₹799 Cr 50 Mn Aug 2028 Total project outlay SM fiscal support — central govt. Assembled units capacity per year Commercial production target What was laid at Info Valley on April