Welcome to the 15 July, 2022
edition of INDIA BULLETIN, presented by the Consulate General of India, Sydney
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India 4.0: India guiding world's fourth industrial revolution: PM Modi
According to Prime Minister Shri Narendra Modi, India is leading the "fourth industrial revolution" as a result of Government initiatives to increase access to technology, enhance services, and support businesses. In the upcoming five years, the Government will skill, upskill, and reskill at least 14 lakh individuals, and it will support 30 institutions through the Chips-to-Startup Program.
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Australia announces A$5.8 million Critical Mineral partnership with India
India and Australia strengthened cooperation on development of critical minerals projects and supply chains. Australia and India shared a commitment to lowering emissions and boosting the use of renewable energy.
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India supplied over 235 million of COVID-19 vaccines to 98 countries
Under the vaccine 'Maitri' initiative, India has supplied over 235 million total supplies of COVID-19 vaccines to 98 countries of the world, said Dr. Suman K Berry, NITI Aayog Vice-Chairman.
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Tata Motors partners with Japan's Renesas to develop chip solutions
Tata Motors and Japanese chipmaker Renesas Electronics Corp have formed a strategic partnership to design, develop and manufacture semiconductor solutions for domestic and global markets.
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India manufacturing exports to hit US$ 1 trillion by FY28
According to a report by Bain and Company, India's manufacturing exports are expected to touch US$ 1 trillion by FY 2028 driven by production capacity expansion, Government policy support, heightened M&A activity and investments.
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Nokia partners with IISc to set up centre of excellence for robotics research
Nokia, the Finnish telecom gear maker has collaborated with the Indian Institute of Science (IISc) in Bengaluru to set up a Centre of Excellence (CoE) in order to facilitate research in the areas of networked robotics.
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India's textile, handicraft exports at record $44 billion in FY22
India recorded its highest-ever textile and apparel exports of US$ 44.4 billion in fiscal year 2021-22. According to the textiles ministry, the United States was the main export destination for the country's textiles and apparel shipments, accounting for 27% of total shipments.
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India, Australia share same vision: Rajnath Singh
Indian Defence Minister Shri Rajnath Singh said Australia is a proven and trusted partner of India and both the nations share democratic values and common visions for a free and open Indo-Pacific. Australia is a key partner in India's Indo-pacific Ocean initiative.
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India has achieved clean energy targets before deadline, says R. K. Singh
India has achieved clean energy targets nine years ahead of schedule Power Minister R.K. Singh said at the Sydney Energy Forum in Sydney, Australia.
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India best performing among major economies in the world
India is the only economy among the top ten major countries that has exhibited steady improvement in macroeconomic performance over the previous four years due to its successful dynamic policy environment.
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Safran to set up its largest aircraft engine MRO in India
Safran Engineering headquartered in France, whose engines are expected to power the majority of Indian aircrafts in the next few years, plans to set up its biggest maintenance repair and overhaul (MRO) facility in Hyderabad.
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India’s defence exports hit highest ever
India exported defence equipment and technology worth a record US$ 1.63 billion in 2021-22, representing a 54.1% increase over the previous year. In 2020-21, In 2020-21, India's defence exports were valued US$ 1.06 billion, US$ 1.14 billion in 2019-20, and US$ 259.49 million in 2015-16.
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India Elected To UNESCO Panel On Intangible Cultural Heritage
India has been elected as a member of the Intergovernmental Committee of UNESCO’s 2003 Convention for the Safeguarding of the Intangible Cultural Heritage for the 2022-2026 cycle.
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