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US Commerce Department to invest up to $150 million in in chip laser startup

The U.S. Department of Commerce plans to invest up to $150 million in xLight, a startup developing free-electron laser systems for semiconductor lithography. The proposed funding marks the first investment under the administration’s semiconductor R&D framework.

United States | 6 days ago

Electronics

Union Government of India approves new projects worth Rs.71.72 billion under ELC components PLI scheme

Union Government approves 17 new projects under the electronics component PLI scheme with investments of Rs.71.72 billion strengthening local manufacturing and value-chain diversification.

6 days ago • India

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Transportation | 2 days ago

Frankfurt Airport and Bangalore International Airport sign MOU to deepen Europe-India air cargo integration

Frankfurt Airport and Bangalore International Airport have formalised a strategic air cargo partnership to strengthen trade flows between Europe and India. The agreement focuses on digitalisation, regulatory streamlining, and operational coordination to enhance supply chain efficiency amid shifting global market conditions.

Transportation | 2 days ago

Indian Railways approves INR 8.7 billion network upgrade to boost capacity across Rajasthan, Kerala and West Bengal

Indian Railways has cleared infrastructure projects worth approximately INR 8.72 billion spanning maintenance depots and corridor upgrades across three zones. The investments target higher passenger throughput, improved freight efficiency and reduced congestion in key rail corridors linked to ports and industrial regions.

Transportation | 3 days ago

Bengaluru Suburban Railway positions 148-km network as congestion and emissions solution

Karnataka’s 148-km Bengaluru Suburban Railway Project is expected to carry nearly 1.9 million passengers daily and significantly reduce surface congestion by integrating with Metro, rail and bus systems. The Rs.23,342 crore initiative aims to modernise urban mobility while lowering emissions and improving multimodal connectivity.

Infrastructure | 6 days ago

Ministry of National Guard issues tender for rainwater drainage network in Riyadh medical warehouses

Saudi Arabia’s Ministry of National Guard - Health Affairs has launched a tender to establish a rainwater drainage network at King Abdulaziz Medical City in Riyadh. The project aims to enhance infrastructure resilience and operational efficiency across medical storage facilities, supporting continuity of healthcare services.