Indian Economic Updates : India Outlines $100B Defence Roadmap, Unveils Vikram-32 Chip, Accelerates Rail Modernisation with Vande Bharat and Bullet Train, and Approves Northeast Hydropower Projects
1. India’s $100B+ Defence Vision for Multi-Domain Dominance with Nuclear Warships, Hypersonics, and Laser Weapons
India has unveiled a $100B+ 15-year defence roadmap featuring over 200 advanced systems, including nuclear-powered warships, hypersonic missiles, stealth UCAVs, next-generation tanks, missile defence shields, and directed-energy weapons. The plan aims to achieve defence self-reliance, establish multi-domain operational superiority, and enhance strategic deterrence by 2040.
2. Vikram-32: India’s First Indigenous 32-Bit Processor Unveiled as Nation Targets Trillion-Dollar Semiconductor Market
At Semicon India 2025, Prime Minister Modi positioned India as a future hub in the $600B–$1T global semiconductor industry, calling chips the “digital diamonds” of the new economy. Since the 2021 launch of the India Semiconductor Mission, 10 projects worth $18B have been cleared, with production slated for 2025. ISRO’s Vikram-32—the country’s first indigenous 32-bit space-grade processor—has already flown aboard PSLV-C60. Regional launches in Assam and Odisha showcased innovations in chip packaging, encryption, biomedical, and AI applications. A $1B Deeptech Alliance fund, along with parks, incentives, and R&D support, will further strengthen India’s semiconductor ambitions.
3. India’s Railways on Fast Track: Vande Bharat, Amrit Bharat, Namo Bharat RRTS, Bullet Train, Hydrogen Innovation, and Freight Corridors Transforming Transport
India’s railway modernisation drive continues at high speed with Vande Bharat, Amrit Bharat, and Namo Bharat trains, along with the Mumbai–Ahmedabad bullet train, hydrogen-based locomotives, and dedicated freight corridors—all redefining the nation’s transport infrastructure and logistics efficiency.
4. Centre Approves ₹4,136 Crore for Hydropower Development in Northeast
The Union Cabinet has cleared ₹4,136 crore in equity support to accelerate hydropower capacity in the North Eastern states, targeting 15,000 MW within eight years. Under the FY25–32 framework, the Centre will contribute up to 24% equity through joint ventures, drawing 10% from the Power Ministry’s NER budgetary allocation. Each project can receive up to ₹750 crore, subject to periodic review and progress milestones.
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