Swiss-Dutch nutrition, health, and beauty company dsm-firmenich is planning a significant investment of over $100 million (more than ₹835 crore) in India, as announced by its global CEO, Dimitri de Vreeze, on September 25. This investment will focus on expanding capacity, including the construction of a new manufacturing plant, as the company aims to make India a key export hub for ingredients supporting its global operations. Formed through the merger of the Netherlands-based DSM and Switzerland’s Firmenich, both over a century old, dsm-firmenich expects India to emerge as one of its top three global markets within the next five years.…
Author: Akancha Mishra
Akancha Mishra
Akancha has been a journalist for about twenty years, and she has a Bachelor of Arts in English Honors and a Master's Degree in Mass Communication from the Indian Institute of Mass Communication. She and her husband and children Supriya and Alok currently call New York City home.
Prime Minister Narendra Modi, on Wednesday, praised the efforts of everyone involved in the success of his visionary “Make in India” initiative, which was launched on September 25, 2014. In a LinkedIn article marking the 10-year milestone of the initiative, Modi expressed his appreciation for the countless individuals who have contributed to making “Make in India” a reality. He described these contributors as pioneers, visionaries, and innovators whose relentless dedication has brought global attention and curiosity to India. “Make in India” was conceived a decade ago with the ambitious goal of advancing India’s manufacturing capabilities, transforming the country from an…
As we age, it becomes increasingly difficult to recall all our treasured memories. Advait Paliwal, an Indian-origin entrepreneur, has introduced a groundbreaking solution to this challenge with his latest creation, Iris. This wearable device, powered by artificial intelligence, captures a photo every minute, automatically labeling and arranging them into a seamless timeline. In a social media post, Paliwal introduced Iris, highlighting its potential to offer users what he calls an “infinite memory” of their life. Iris comes with a unique feature called focus mode, designed to combat distractions. The device can recognize when users lose focus and prompts them to…
In a recent discussion, Commerce and Industry Minister Piyush Goyal emphasized the remarkable progress of the Make in India initiative over the last ten years, recognizing India as a leading global hub for manufacturing. He highlighted how the initiative has played a vital role in creating jobs, drawing in significant domestic and international investments, and fostering self-sufficiency across various industries. By implementing several reforms aimed at improving the ease of doing business, promoting high-quality production, and reinforcing the nation’s economic foundations, India has witnessed an impressive 90% economic growth, in contrast to the global average of 35%. Goyal expressed contentment…
During Prime Minister Narendra Modi’s ongoing visit to the United States, the US government returned 297 antiquities that had been smuggled out of India. An official statement from the Prime Minister’s Office announced that this return is part of efforts to combat the illicit trafficking of cultural properties. PM Modi shared the news on social media platform X, expressing his gratitude to President Joe Biden and the US government for facilitating the return of these invaluable artifacts. He emphasized that these items are not just historical artifacts but essential representations of India’s civilization and consciousness. The antiquities date back nearly…
India and the United States have signed an agreement to establish a semiconductor fabrication plant aimed at producing chips for applications in national security, next-generation telecommunications, and green energy, as detailed in the Indo-US joint fact-sheet. This partnership, celebrated by President Joe Biden and Prime Minister Narendra Modi, represents a groundbreaking milestone, being the first instance where the US military has collaborated on advanced technology with India. The fabrication facility, named “Shakti” (meaning power), will focus on advanced sensing, communication, and power electronics. It will receive support from the India Semiconductor Mission and a strategic technology alliance involving Bharat Semi,…
India has reached a significant milestone in its cybersecurity journey by attaining Tier 1 status in the 2024 Global Cybersecurity Index (GCI), published by the International Telecommunication Union (ITU). With an impressive score of 98.49 out of 100, India is now recognized as one of the ‘role-model’ nations in the field, showcasing its commitment to upholding global cybersecurity standards. The Department of Telecommunications (DoT), acting as India’s nodal agency, was instrumental in achieving this status. Communications Minister Jyotiraditya M. Scindia celebrated this achievement as a proud moment for India, highlighting its reflection of a robust telecom sector and effective cybersecurity…
High blood pressure affects over one billion adults globally, highlighting the need for effective health strategies and research. A recent study in BMC Medicine explored how consuming cruciferous vegetables, such as broccoli and cauliflower, may aid in lowering blood pressure in individuals with mildly elevated levels. The study indicated that participants who included four daily servings of cruciferous vegetables for two weeks experienced an average decrease of 2.5 mmHg in their 24-hour brachial systolic blood pressure. This reduction could correspond to a 5% lower risk of significant cardiovascular incidents. Hypertension is a major health concern that heightens the risk of…
According to a report released by S&P Global on Thursday, India is on track to become the world’s third-largest economy by the fiscal year 2030-31, with a projected annual growth rate of 6.7% for this year. The report emphasizes the importance of sustained reforms to enhance business operations, improve logistics, and stimulate private sector investments, which are critical for reducing dependency on public funding. The report anticipates that equity markets will remain vibrant and competitive due to strong growth potential and improved regulatory frameworks. Since India’s inclusion in major emerging market indexes, foreign investments in Indian government bonds have surged,…
Prime Minister Narendra Modi has announced the beginning of an e-auction featuring over 600 mementoes and gifts he has received during public events. The diverse collection includes stunning sculptures, traditional art, regional artefacts, indigenous crafts, and memorabilia from the 2024 Paralympic Games, all presented to PM Modi. Those interested in participating can register and submit their bids on the official auction site, PM Mementos, available at https://pmmementos.gov.in/. In a post on X, PM Modi shared his excitement about the auction and its cause: “Every year, I auction the mementoes I receive, with the proceeds supporting the Namami Gange initiative. This…
