Indian Economic Updates : India's infrastructure surges; India-UK finalize historic free trade deal; BYD, CATL advance fast EV charging; India retaliates over Turkey-Pakistan support.
1. India, UK Seal Landmark Trade Pact to Double Bilateral Trade by 2030
India and the United Kingdom have concluded a historic Free Trade Agreement (FTA) after three years of negotiations, with an ambitious goal to double bilateral trade to $120 billion by 2030. The agreement, which eliminates import duties on 99% of Indian goods entering the UK, ensures protections for India’s sensitive sectors. One of the key provisions of the deal is the reduction of tariffs on Scotch whisky, with Indian duties on the beverage dropping from 150% to 75% immediately, and eventually to 40% over the next decade.
2. India Strikes Back at Turkey Over Pakistan Support: Çelebi Ousted, Trade and Tourism Hit
Following Turkey’s overt support for Pakistan during India’s Operation Sindoor, bilateral relations between India and Turkey have deteriorated sharply, triggering economic and diplomatic countermeasures from New Delhi.
A major step was India revoking security clearance for Turkish firm Çelebi Aviation, which managed ground handling services at key airports including Delhi, Mumbai, and Bengaluru. This decision terminated Çelebi’s contracts, impacting thousands of jobs and dealing a blow to the firm’s global operations.
3. India's Urban Transport Revolution: Smart Cities and Future Mobility
India is undergoing a major transformation in urban mobility, driven by the rapid development of smart cities and a renewed focus on sustainable transport. With urban populations surging, the government is investing heavily in integrated, tech-enabled infrastructure to ease congestion, reduce pollution, and enhance commuter experiences.
At the heart of this revolution is the Smart Cities Mission, launched in 2015, which now covers over 100 cities. These cities are prioritizing transit-oriented development, seamless multimodal integration, and smart traffic management. Metro rail networks have expanded rapidly—cities like Pune, Ahmedabad, and Kanpur have launched new lines, while established systems in Delhi, Bengaluru, and Mumbai continue to grow.
4. BYD and CATL Redefine Fast Charging: 5 Minutes for 400–520 km as China Dominates EV Race
In a major advancement for the electric vehicle industry, Chinese automaker BYD has introduced its new Super E-Platform, capable of delivering 400 kilometers of driving range with only five minutes of charging. The platform is built on a 10C fast-charging architecture, meaning it can charge at 10 times the battery’s capacity, dramatically shortening recharge times. Featuring advanced silicon carbide (SiC) power electronics, an intelligent battery management system (BMS), and state-of-the-art thermal control, BYD’s new platform aims to redefine EV convenience, battery safety, and lifespan.
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