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ONGC to undertake 1.75 MMT strategic oil reserve expansion at Mangaluru
ONGC approved a 1.75 MMT strategic petroleum reserve expansion at Mangaluru. This project will add significant storage capacity to India's energy security network. India is strengthening its reserves after recent global supply chain disruptions. Additional SPR facilities are also being developed in Odisha and Karnataka. This increases India's total oil storage capacity to approximately seventy-four days.
Micron to invest up to $3 billion in US chip supply chain
Micron Technology said on Thursday it plans to invest up to $3 billion to strengthen the U.S. semiconductor supplychain, as the memory chip firm moves to secure critical manufacturing materials amid surging AIdriven demand.
Premier Energies commissions 5.6 GW solar module plant in Telangana
Premier Energies commissioned a significant 5.6 GW solar module facility in Telangana. The company also began construction for a 6 GWh battery storage system. This expansion increases Premier Energies' module manufacturing capacity to 11.1 GW. These new projects aim to strengthen India's clean-energy ecosystem and supply chain. The company is also investing heavily to become an integrated solar manufacturer.
Taiwan central bank chief warns of AI bubble risk
Taiwan's central bank governor warns of an AI bubble risk from over-leveraged tech firms, despite real growth and Taiwan's key role in the AI supply chain.
NITI Aayog holds stakeholder consultation on critical mineral demand, supply chain security amid rising clean energy needs
NITI Aayog convened experts to assess India's future critical mineral needs. Discussions focused on demand, supply chain vulnerabilities, and domestic capabilities. India's clean energy and advanced manufacturing expansion will drive mineral demand. The nation faces import dependency, requiring supply source diversification and domestic value chains. These efforts aim to secure long-term economic and national security objectives.
Top fashion brands have a supply chain battle against extreme India heat
As Indian garment factories contend with soaring temperatures, worker efficiency and health have been jeopardised. Epic Group's facility in Odisha has introduced cutting-edge cooling technology to combat these challenges. Employees have reported substantial improvements in concentration and comfort in the climate-managed setting.
Apple Doubles Down On US Chipmaking With $30 Billion Broadcom Investment
Tim Cook said the Broadcom deal strengthens Apple's end-to-end US silicon supply chain.
Government notifies Navi Mumbai Airport as a Port for Import of drugs under Drug Rules
The Ministry of Health has enabled drug imports through Navi Mumbai Airport. This amendment strengthens the pharmaceutical supply chain and trade facilitation. Navi Mumbai Airport now joins other designated ports for drug importation. The total number of entry points for drugs has increased to forty-two. This initiative promotes ease of doing business and regulatory oversight.
Amazon Seller Services leases over 4.17 lakh sq ft warehouse in Bhiwandi near Mumbai
Amazon India has taken a warehousing facility in Bhiwandi through a long-term lease, set for nine years beginning June 2026. The financial commitment involves a monthly rent exceeding Rs 1.27 crore. This strategic move highlights Amazon's commitment to enhancing its logistics infrastructure and fortifying its supply chain.
Pidilite sees stable demand in FY27, raises concerns over higher input costs
Pidilite Industries expects stable domestic demand in FY27, supported by government policies and infrastructure investment. However, rising input costs and supply chain disruptions pose significant concerns for the company. The West Asia conflict has driven up prices of key raw materials like Vinyl Acetate Monomer. Despite these challenges, the company achieved improved volume growth in FY25-26.
India's market outlook is improving as earnings recover, says IME Capital founder
IME Capital Founder & CEO Ashi Anand believes India's market outlook is improving as corporate earnings recover and domestic inflows remain strong. He said the biggest near-term risk is a rise in oil prices due to geopolitical tensions, adding that crude staying around $70 a barrel or lower would support growth, inflation and interest rates. Anand is also positive on companies linked to the electricity supply chain, saying AI-led data center investments are creating a long-term demand opportunity for power equipment. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Handloom Hackathon 2026 Launched to Drive Innovation, Sustainability and Technology Solutions for India's Handloom Sector
The Hackathon has been designed to encourage innovative solutions across a broad range of thematic areas, including product and design innovation, sustainability and circularity, digital technologies, market access, branding, supply chain efficiency, productivity enhancement, business development and social impact. The initiative seeks to foster closer collaboration between the handloom ecosystem and Indias innovation and startup ecosystem, while encouraging interdisciplinary problem-solving.