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US-India trade relations

6 eventsActive since 30 Oct 2026Updated 3 Nov 2026Economic

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economic3 Nov 2026

Kalashnikov to manufacture anti-drone shotguns in India

Russian weapons manufacturer Kalashnikov signed a licensing agreement to produce MP-155 semi-automatic 12-gauge shotguns in India. Originally a hunting weapon, the MP-155 has been adapted for counter-drone operations, specifically to engage low-flying aerial targets at distances of 50 to 100 meters. This agreement expands on Kalashnikov’s existing presence in India, where the company already participates in the Indo-Russian Rifles Private Limited joint venture to produce AK-203 assault rifles. The deal follows earlier contracts signed in June 2026 to supply Indian customers with anti-drone shotguns, pistols, and specialized cartridges by the end of 2026.

economic2 Nov 2026

India invests $13.5 billion in mature-node semiconductor manufacturing

The Indian government invested $13.5 billion to establish a domestic semiconductor manufacturing industry, shifting its focus from chip design to fabrication. During the September Semicon India event, Prime Minister Narendra Modi positioned India as a reliable alternative manufacturing destination to address global supply uncertainties. The strategy prioritizes mature-node chips ranging from 28 to 180 nanometers rather than cutting-edge processors, as these older technologies account for 70% of global production volume and remain essential for automobiles, industrial machinery, and power management in data centers.

economic30 Oct 2026

Omron plans to use India as export base for blood pressure monitors

Japanese electronics maker Omron Healthcare announced plans to manufacture up to 3 million home blood pressure monitors annually at a new plant located in Chennai, India. The production facility aims to supply the local Indian market while initiating shipments to Europe as early as 2027. This move follows the company's stated objective to make blood pressure measurement more widespread within India.

economic30 Oct 2026

Tata Motors Completes Initial Settlement of Iveco Group Tender Offer

On October 30, 2026, Tata Motors Limited completed the initial settlement of its voluntary tender offer for all issued common shares of Iveco Group. The offer, promoted by TML CV Holdings Pte. Ltd. through its subsidiary TML CV Holdings B.V., was settled at a price of EUR 14.4 per share in cash. Following the conclusion of the acceptance period and the publication of final results on October 27, 2026, the companies confirmed that Iveco Group has become part of Tata Motors.

economic30 Oct 2026

Indian firm AM Intelligence seeks $3 billion for Nvidia chip infrastructure

Hyderabad-based firm AM Intelligence sought to raise $3 billion via bank loans and bond issues to purchase 29,000 next-generation Nvidia Rubin GPUs. The company, founded by the owners of the renewable energy firm Greenko, planned to utilize these chips to establish 100 MW of computing power across data centers in India and Malaysia. This initiative was part of a larger $6 billion investment plan, with further intentions to expand to 400 MW of capacity within two years.

economic30 Oct 2026

India vows to protect farmers in US trade deal

Commerce and Industry Minister Piyush Goyal stated that India would not compromise the interests of domestic farmers during trade negotiations with the United States. While New Delhi and Washington announced an interim trade framework in February, negotiations have faced delays due to disagreements over market access, tariff policies, and India's refusal to accept a proposed 18% tariff rate. Farmer organizations, including the Samyukt Kisan Morcha, have called for protests on November 26, expressing concerns that subsidized American imports of dairy, meat, and cereals could depress domestic prices.

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