Yantra India Limited has recorded strong financial and operational growth, with sales increasing from ₹956.32 crore in the second half of FY 2021–22 to ₹3,108.79 crore in FY 2024–25. Its export performance has also shown a sharp rise, growing from zero exports in FY 2021–22 (H2) to ₹321.77 crore in FY 2024–25. The company’s diversified product portfolio includes carbon fibre composites, assemblies for medium and large calibre ammunition, armoured vehicles, artillery guns, main battle tanks, glass composites and aluminium alloys, strengthening India’s indigenous defence manufacturing capabilities.

With the Miniratna Category-I status, YIL’s Board has been empowered to approve capital expenditure of up to ₹500 crore for new projects, modernisation and procurement of equipment without prior government approval, enabling faster decision-making and accelerated growth. Yantra India Limited was formed on October 1, 2021, following the corporatisation of the erstwhile Ordnance Factory Board into seven new defence public sector undertakings to enhance efficiency, autonomy and innovation. YIL is a Schedule ‘A’ DPSU under the Department of Defence Production, and this decision further reinforces the Government’s vision of Aatmanirbhar Bharat by reducing import dependence and positioning India as a global hub for defence production.

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Honeywell UOP’s Ethanol-to-Jet technology enables producers to convert ethanol derived from renewable sources into SAF, offering a cost-effective pathway to reduce carbon emissions of air travel. The process is easily integrated into existing ethanol production infrastructure and can also produce renewable diesel, helping reduce carbon emissions in the road transport sector.

“Our proven Ethanol-to-Jet technology provides a cost-efficient pathway for SAF production and will help TruAlt Bioenergy advance its net-zero ambitions while creating value across the agricultural and energy ecosystems,” said Ranjit Kulkarni, VP & GM – Honeywell Process Technology, India. “This agreement marks another milestone in Honeywell’s journey to help India build self-reliance in sustainable fuel production.”

The collaboration underscores Honeywell’s alignment with the Government of India’s Aatmanirbhar Bharat vision by promoting domestic biofuel production. Once operational, the project will help reduce CO₂ emissions from the rapidly growing aviation sector while also contributing to higher farmer incomes through increased demand for bioethanol.

Vijay Nirani, Managing Director of TruAlt Bioenergy Limited, said, “Our agreement with Honeywell is a defining step in TruAlt’s journey to help build India’s sustainable aviation fuel ecosystem. By leveraging Honeywell technology, we aim to create a scalable, ethanol-based SAF pathway that connects India’s farmers directly to the global aviation decarbonization agenda. Through this project, we are strengthening our conviction that India’s energy transition must be rooted in domestic feedstocks, strong industrial capability and inclusive economic value creation without external dependence. Additionally, it leverages India’s unique geographic and demographic advantages to progressively position the country as a major global hub for sustainable aviation fuel production.”

Honeywell currently offers solutions across a range of feedstocks to meet the rapidly growing demand for renewable fuels, including SAF. The company also offers modular renewable fuels technology that can be built off-site and quickly installed at refineries, lowering risk and accelerating start up compared to traditional methods.

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The Minister also held discussions with officials on land acquisition and project expansion in Raipur, felicitated employees, including women workers, and interacted with contract workers at the camps to inquire about their well-being. Accompanied by SECL CMD Shri Harish Duhan and senior officials, Shri Dubey’s visit underscored the company’s ongoing efforts in production, community welfare, and infrastructure development, reaffirming its commitment to sustainable growth and social responsibility.

During the visit, SECL CMD Shri Harish Duhan, Director (Technical – Operations cum Planning/Projects) Shri N. Franklin Jayakumar, Director (HR) Shri Biranchi Das, Director (Finance) Shri D. Sunil Kumar, CVO Shri Himanshu Jain, Dipka Area General Manager Shri Sanjay Kumar Mishra, and other senior officials accompanied the Hon’ble Minister.

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Apart from above ,  Coal India announced the commissioning of India’s first indigenously developed electric rope shovel at Nigahi Project of  Northern Coalfields Limited (NCL), in Singrauli, Madhya Pradesh.

The handing-over and commissioning ceremony of this state-of-the-art shovel – manufactured by Bharat Earth Movers Limited (BEML) – witnessed the presence of Chairman, Shri P.M. Prasad; Director (HR), Dr. Vinay Ranjan; Director (Technical), Shri Achyut Ghatak; CMD, BEML, Shri Shantanu Roy; CMD, NCL, Shri B. Sairam; and senior management from Coal India, NCL, and BEML, both physically and virtually.

Chairman, Shri Prasad, described the induction of this shovel into Coal India’s HEMM fleet as a significant step towards Aatmanirbhar Bharat. He also lauded the strong work culture at NCL and expressed confidence that the new machine would be utilized to its optimum capacity.

This 20-cubic-meter electric rope shovel features a robust high-tensile bucket and boom design, a fully air-conditioned ergonomic operator cabin, and an impressive annual production capacity of 4.45 million cubic meters. It is also equipped with real-time monitoring and diagnostics with integrated safety and fault protection systems.

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He further added that Ministry of Coal has adopted a comprehensive five-pillar strategy under Mission Coking Coal, focusing on enhancing domestic output, expanding washing capacity, adopting advanced coke-making tech, accelerating block auctions, and promoting coal gasification for cleaner steelmaking.

He explained that, particularly in light of India’s net-zero goals, the Ministry of Coal is also exploring coal gasification as a cleaner, more advanced method of producing steel. In partnership with stakeholders from the public and private sectors, the Ministry is funding feasibility studies and pilot projects to incorporate coal-to-DRI technology. Coal gasification has the potential to revolutionise low-emission steel production in India with additional R&D, infrastructure, and support of all stakeholders.

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• Construction: It accelerates the surveying process, giving detailed 2D and 3D models, which conserve time and cut down costs. It provides better tracking of the timelines and budget.
• Mining: Utilizing high-resolution mapping and real-time data, Surveyaan V1 improves site surveillance to support stockpile management without significant operational impact, while its robust features, examples include wind resistance and automatic returns, improve safety and efficiency.
• Agriculture: Drones provide significant advantages in precision farming by surveying crop health and soil conditions. For instance, with the large area coverage of the Surveyaan V1, the critical information delivered is useful in optimizing yield maximization as well as ensuring compliance.

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The primary focus of the discussions was to evaluate BHEL’s ongoing projects, assess its current performance, and strategize for future growth. This review aligns with the broader objectives of rime Minister Shri Narendra Modi’s Vision for ‘Viksit Bharat 2047’ and ‘Aatmanirbhar Bharat,’ ensuring that BHEL’s initiatives effectively support national objectives.

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