On October 7, dignitaries gathered at the ITER facility to celebrate India’s vital contributions to the international fusion energy project. The event underscored India’s unwavering commitment to ITER, a multinational collaboration aimed at demonstrating the feasibility of fusion energy for peaceful purposes. The ITER Organization is an intergovernmental organization that...
India’s L&T Wins $288 Million Order for LNG Equipment
Headquartered in Mumbai, Indian company Larsen & Toubro secured a major order for Liquefied Natural Gas (LNG) equipment for a project in the USA. Worth up to $288 million, this is one of the largest LNG project orders the company has received. In recent years the United States has become...
India to Be Maintenance Hub For U.S. Navy Assets in the Indo-Pacific
India will serve as a maintenance hub for U.S. Navy ships in the Indo-Pacific, according to a joint U.S.-India statement issued on the sidelines of G20 in New Delhi. President Joe Biden and Prime Minister Narendra Modi highlighted the signing of a Master Ship Repair Agreement between the U.S. Navy...
India’s Companies Bid in Privatization of Space
As India's government seeks more investment in the booming space market, Larsen & Toubro and Hindustan Aeronautics are among companies vetted to potentially bid in India's efforts to privatize small rocket launches. The Small Satellite Launch Vehicle was developed by the Indian Space Research Organization, the national space agency, as...
India Plans Incentives for Green Hydrogen Fuel Producers
According to a top government official, India plans to give green hydrogen fuel producers incentives worth at least 10% of their costs under a $2 billion outlay set to begin before the end of June. For India, with less than five decades to go for its net-zero target, and with...
India’s L&T Partners Jaunt Air Mobility of Texas for Air Taxis
L&T Technology Services Limited (LTTS), a global pure-play engineering services company, was awarded a multi-year $100 million+ electric air mobility deal by Texas-based Jaunt Air Mobility. The two companies will jointly develop eVTOL (electric vertical takeoff and landing) air taxis. As part of the contract, LTTS will launch an Engineering...