US is pursuing local content requirements as part of support mechanisms for clean technologies, while EU has set a political target of 40% local production by 2030.
Foreign investments are key to India meeting its goal of nearly doubling renewable energy capacity by 2022 and raising it five-fold to 450 gigawatts over the next decade.
Despite growing passenger volume, 11 out of 14 carriers reported losses in 2023-24. IndiGo recorded profit of Rs 8,167 crore, which reduced to Rs 7.253 crore in 2024-25.
Of the total package, $649 million will be utilised for additional hardware, software, and support services, and the remaining for Major Defence Equipment (MDE).
None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.
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