Atal Innovation Mission (AIM), Learning Links Foundation & Shell India Launch NXplorers Blended Learning Model to Strengthen STEM Innovation in Schools

Business Wire India

Shell India, in collaboration with Atal Innovation Mission (AIM), NITI Aayog and Learning Links Foundation (LLF), launched the NXplorers Blended Learning Model – a digital framework that strengthens teacher capability and scales structured problem‑solving across Atal Tinkering Labs (ATLs) nationwide. The partners also unveiled the NXplorers Coffee Table Book, showcasing the creativity and imagination of young innovators from ATL schools across India.

The NXplorers Blended Learning Model integrates in‑person workshops with self‑paced digital modules, enabling educators across diverse geographies to deliver NXplorers sessions effectively, consistently, and at scale. The model aims to accelerate the adoption of structured thinking and systems-based problem‑solving among students, thereby strengthening the country’s STEM learning ecosystem.

 

Speaking at the event, Mr. Deepak Bagla, Mission Director, Atal Innovation Mission, NITI Aayog, said, “India’s aspiration to be a global innovation leader will be powered by the young minds we nurture today. Programs like Shell NXplorers complement the Atal Innovation Mission by introducing structured thinking and sustainability-focused innovation at the school level.”

 

Commenting on the initiative, Ms. Mansi Madan Tripathy, Chairperson, Shell Group of Companies in India and Senior Vice President, Shell Lubricants Asia Pacific, added, “At Shell, we see India’s young talent pool as one of the country’s greatest competitive strengths. As AI, clean energy, and automation reshape industries, building future‑ready capabilities is imperative. By equipping young people to think systemically and develop sustainable solutions, we are helping shape a workforce that is ready to lead India’s energy and technology transition.”

 

The NXplorers Coffee Table Book features 55 student‑led projects developed using the NXplorers methodology in ATL schools. It captures how hands‑on experimentation, structured thinking, and science-based approaches are enabling students to address real‑world challenges from clean energy and waste management to water stewardship and sustainable mobility.
 

Dr. Anjlee Prakash, Founder and Chairperson, Learning Links Foundation, said, “The NXplorers Coffee Table Book captures the voices of young innovators who looked at everyday realities and chose to build solutions. With the Blended Learning Model, we are building a model where technology lifts teachers, amplifying their insight, freeing their time, extending their reach so they can guide, inspire and cultivate each young mind.”

 

NXplorers is Shell’s global flagship education initiative for young learners aged 11–16, equipping students with practical tools in systems thinking, scenario planning, and creative problem‑solving to navigate complex challenges. Introduced in India in 2018 in partnership with Learning Links Foundation, the program expanded in 2023 through a collaboration with Atal Innovation Mission, NITI Aayog, bringing structured‑thinking methodologies to ATL schools nationwide. The program has reached more than 4.7 lakh students across government and low‑income private schools, reinforcing its expanding national footprint and measurable impact.

 

Link to access the NXplorers Coffee Table Book: Shell-NXplorers-Coffee-Table-Book-2025-26-Final.pdf

R Systems Unveils EXIQO to Enable Enterprise-Scale Agentic AI Integration and Accelerate Engineering Velocity

Business Wire India

R Systems International Limited, a global leader in digital product engineering, today announced the launch of EXIQO, an AI Studio designed to enable enterprises scale production-grade agentic AI across business and technology functions.

As organizations move beyond AI pilots toward autonomous agents, they are seeking ways to scale execution in a consistent and reliable manner. According to research commissioned by R Systems and produced by Everest Group, only 15% enterprises have successfully operationalized agentic AI at scale, citing integration complexity, governance risks, legacy system constraints and talent readiness gaps as barriers to enterprise-wide deployment.

“Mid-market enterprises are at an inflection point, with access to powerful AI models opening up new possibilities to reimagine how engineering is done. Unlocking this opportunity calls for enterprise readiness, strong engineering discipline, and robust governance,” said Nitesh Bansal, CEO and Managing Director of R Systems. “EXIQO brings these together through a unified, people-and-platform execution approach designed to accelerate engineering velocity and deliver sustained, measurable impact.”

People-led, platform-amplified, EXIQO is an AI Studio by R Systems built to accelerate engineering velocity. It brings together 1,400+ AI-native engineers, R Systems’ proprietary OptimaAI Suite, and governed execution methodology. EXIQO combines enterprise context, embedded guardrails, and human oversight to deliver governed, enterprise-grade execution at scale.

EXIQO is built on three pillars:

  • AI Native Engineers: Talent that is evaluated on proven production delivery, with proficiency measured through 43+ parameters spanning code quality, system design, and real-world impact. Their expertise is built on hands-on experience, reflected in merged code and shipped features across live client environments. Leveraging OptimaAI and the governed delivery methodology, they consistently deliver 40–55% sustained improvements in engineering velocity.
     
  • OptimaAI: It is a unified platform for agentic business operations, SDLC acceleration, and legacy modernization. It brings together enterprise-grade guardrails, policies, and compliance with a rich ecosystem of 150+ digital agents and a library of reusable connectors, prompts, evaluations, and data models. Built on a standards-ready architecture, OptimaAI integrates seamlessly with existing enterprise systems, preserves institutional knowledge, and provides the flexibility to choose underlying foundation models.
     
  • Delivery methodology: EXIQO is designed for easy onboarding and the fastest path to outcomes. Using a well-defined approach, the methodology helps identify and evaluate high-impact use cases, and build solutions with outcomes, scalability, and cost efficiency in mind.

EXIQO has been successfully deployed to improve engineering throughput, reduce repetitive development effort, and strengthen release quality across enterprise environments. In early deployments, measured against predefined business KPIs in live enterprise environments, EXIQO has delivered measurable operational improvements, including:

  • 40-55% uplift in productivity
  • Up to 50% reduction in support and operational overhead
  • 50-70% automation in high-volume workflows
  • Up to 2X faster execution across teams

“Enterprises are moving from isolated AI experiments to orchestrated, agent-driven execution, but scaling this shift requires more than just access to models. EXIQO reflects a pragmatic approach, combining talent, platform, and a governed methodology to help organizations scale agentic AI with confidence,” said Pareekh Jain, Founder and CEO of tech advisory firm EIIRTrend.

To learn more about EXIQO, visit: www.exiqo.ai

To learn more about R Systems, visit: www.rsystems.com

Bentley Systems Announces 2026 Year in Infrastructure Event and YII Awards Honoring the World’s Most Innovative Use of Infrastructure Engineering Software

Business Wire India

  • Awards build on a two-decade legacy of recognized innovation, setting the benchmark for excellence across the world’s most critical infrastructure assets
  • Call for nominations now open; submissions will be accepted through May 3, 2026

Bentley Systems, Incorporated (NASDAQ: BSY), the infrastructure engineering software company, today announced the opening of submissions for the Year in Infrastructure event and YII Awards program, which recognizes digital innovation in how infrastructure is designed, built, and operated using Bentley software. Submissions will be accepted through May 3, at 11:59 p.m. EDT.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260318559906/en/

 

Bentley Systems announced the opening of submissions for the Year in Infrastructure event and YII Awards program, which recognizes digital innovation in how infrastructure is designed, built, and operated using Bentley software. Submissions will be accepted through May 3, at 11:59 p.m. EDT. (Image courtesy of Bentley Systems, with credit to PT. Wika Tirta Jaya Jatiluhur (WTJJ), Voyants Solutions Private Limited, EGIS, and Baosteel Engineering & Technology Group Co., Ltd.)

Bentley Systems announced the opening of submissions for the Year in Infrastructure event and YII Awards program, which recognizes digital innovation in how infrastructure is designed, built, and operated using Bentley software. Submissions will be accepted through May 3, at 11:59 p.m. EDT. (Image courtesy of Bentley Systems, with credit to PT. Wika Tirta Jaya Jatiluhur (WTJJ), Voyants Solutions Private Limited, EGIS, and Baosteel Engineering & Technology Group Co., Ltd.)

 

“Originally, the Bentley awards recognized designers who used 3D technology to drive efficiency,” said Monica Schnitger, founder, president, and principal analyst of Schnitger Corporation. “Now they assess how massive projects are building and leveraging rich data assets to create value throughout the entire lifecycle of a project — from initial financial decision-making through design and construction.”

 

Over the past two decades, more than 5,500 of the world’s most significant infrastructure projects have participated in Bentley’s award program. Past winners have included landmark projects such as the digital twin for structural monitoring of St. Peter’s Basilica in Vatican City; the Seine Nord Europe Canal in France; the Thames Tideway Tunnel in the UK; Siemensstadt Square in Germany; Sydney Airport in Australia; the Fairmont Udaipur Palace in India; the Beijing Zhangjiakou highspeed railway in China; the Ontario Line subway in Canada; and EchoWater, one of the largest agricultural water recycling facilities in the United States. These projects demonstrate how digital innovation delivers measurable economic, environmental, and societal impact.

 

“Around the world, infrastructure professionals rely on Bentley software to design, build, and operate infrastructure that is more resilient, efficient, and sustainable,” said Cate Lochead, chief marketing officer at Bentley Systems. “The YII Awards celebrate real world results from teams that are innovating in areas that include ground informed design, connected data, and AI. It is important to promote this work as best practice as these achievements set a new standard for what’s possible across the infrastructure ecosystem.”

 

Submissions are evaluated by independent panels of industry experts based on digital advancement and quantifiable results, including improvements in efficiency, cost performance, resilience, and sustainability.

 

The YII Awards 2026 recognize excellence across the full spectrum of infrastructure disciplines and innovation, with categories including Bridges and Tunnels; Cities and Facilities; Construction; Energy Production; Geospatial and Reality Modeling; Project Delivery; Rail and Transit; Roads and Highways; Structural Engineering; Subsurface Modeling and Analysis; Transmission and Distribution; and Water and Wastewater. Finalist projects contribute to the industry through detailed project stories, digital playbooks, and presentations shared as part of the awards program.

 

Submission Details:

 

  • Opens: March 18, 2026
  • Closes: May 3, 2026, at 11:59 p.m. EDT
  • Eligibility: Projects of any size or stage that utilize Bentley software
  • Finalists and Winners: Finalists will be announced in August 2026. Finalists will be invited to present their projects at the Year in Infrastructure event in Singapore, October 6-7, where category winners will be revealed.

 

For more information or to submit a project, visit Awards | The Year in Infrastructure | Bentley Systems.

 

# # #

 

About Bentley Systems
Around the world, infrastructure professionals rely on software from Bentley Systems to help them design, build, and operate better and more resilient infrastructure for transportation, water, energy, cities, and more. Founded in 1984 by engineers for engineers, Bentley is the partner of choice for engineering firms and owner-operators worldwide, with software that spans engineering disciplines, industry sectors, and all phases of the infrastructure lifecycle. Through our digital twin solutions, we help infrastructure professionals unlock the value of their data to transform project delivery and asset performance.

 

© 2026 Bentley Systems, Incorporated. Bentley and the Bentley logo are registered trademarks of Bentley Systems, Incorporated. All other brands and product names are trademarks of their respective owners.

 

 

 

 

 

XBOW Raises $120M to Scale its Autonomous Hacker

Business Wire India

 

XBOW, the leader in autonomous offensive security, today announced it has raised $120 million in Series C financing. The round, led by DFJ Growth and Northzone, values the company at over $1 billion.

 

As part of DFJ Growth’s investment, Ramin Sayar, Venture Partner, will join the XBOW Board of Directors. Drawing on his experience as the former CEO of Sumo Logic, he will help the company scale operations and expand in the enterprise market. The round also includes participation from new investors Sofina and Alkeon Capital, as well as existing investors Altimeter, NFDG Ventures, and Sequoia Capital.

 

 

Until now, attackers were constrained by talent. Even the most sophisticated adversaries could not target every system, every version, all the time. With AI, that constraint is gone. Attackers now operate continuously and at scale, probing every release, every environment, and every exposed surface. At the same time, engineering teams are shipping faster than ever. Traditional human-led penetration testing cannot keep pace with AI-driven attackers and modern development cycles.

 

 

“When I founded XBOW in January 2024, few believed AI could truly think like a hacker and operate at machine speed. We proved it. XBOW reached the top of the HackerOne leaderboard and is now deployed at some of the most security-forward companies in the world,” said Oege de Moor, Founder and CEO, XBOW. “Attackers are already using AI. Defenders need to move just as fast. XBOW provides that continuous speed, and this funding enables us to bring it to the entire industry.”

 

 

Cybersecurity Enters the Autonomous Era

 

 

Autonomous offensive security is emerging as the next evolution of security testing. Rather than relying on point-in-time manual pentests, organizations are shifting toward continuous, intelligent coverage that mirrors how modern attackers operate.

 

 

XBOW applies AI reasoning and adversarial workflows modeled on real-world attack techniques to identify and validate vulnerabilities at machine speed. Its platform continuously tests applications, uncovering deep exploits often missed by manual testing, while maintaining a low false-positive rate.

 

 

​​“XBOW was the first to demonstrate how large language models could be applied to offensive security at scale,” said Barry Schuler, Co-founder and Managing Partner, DFJ Growth. “The company didn’t just prove the technology, it also proved market demand. By combining AI reasoning with real-world adversarial expertise, XBOW is bringing the autonomous hacker to life.”

 

 

“XBOW is rapidly emerging as a category leader, with Fortune 500 and global enterprises already relying on the platform as a mission-critical layer in their security stack,” said Sanjot Malhi, Partner, Northzone. “Oege and the team have built an extraordinarily capable AI-driven security platform in a remarkably short time, and we’re thrilled to partner with them as they scale.”

 

 

Proof Achieved. Now Scaling.

 

 

Over the past year, XBOW proved that autonomous systems can operate safely and effectively in live production environments. This investment will accelerate the company’s expansion across enterprise markets, continued product innovation, and international growth.

 

 

From day one, XBOW has paired autonomous systems with some of the world’s top hackers, who help train its autonomous hacker to think like a real adversary. The company was founded by Oege de Moor, creator of GitHub Copilot and GitHub Advanced Security, and built alongside a core group of engineers from the original Copilot team. Chief Information Security Officer Nico Waisman, formerly CISO at Lyft, joined from the outset and has helped shape XBOW’s approach to deploying autonomous systems safely in complex environments. Nico assembled a team of some of the best human hackers in the world to teach the XBOW system its trade.

 

 

The company has further strengthened its leadership by naming Ron Gabrisko to its Board, Jonaki Egenolf as Chief Marketing Officer, Dean Breda as General Counsel, and Niro Rajadurai as Chief Revenue Officer. As part of its global expansion strategy, XBOW also appointed WonLae Lee as General Manager, South Korea, at the beginning of 2026.

 

 

For more information about XBOW’s autonomous offensive security platform, visit xbow.com or stop by booth #1843 at RSAC™ 2026 next week.

 

 

About XBOW

 

 

XBOW is the autonomous offensive security company redefining cyber defense for the AI era. Combining AI reasoning with offensive security workflows, the XBOW platform delivers expert-level security testing at machine speed. XBOW empowers security teams to transform from reactive to proactive defense at AI scale. For XBOW customers, autonomous offense is the best defense.

 

 

About DFJ Growth

 

 

DFJ Growth is a prominent investor in emerging technology leaders during their scaling phase of development. Founded in 2005, DFJ Growth partners with extraordinary, mission-driven entrepreneurs disrupting the status quo with game-changing innovations that become iconic companies. Our investments include Anaplan, Anduril, Box, Cellares, Coinbase, Commonwealth Fusion Systems, Neuralink, OpenAI, Patreon, Ring (Amazon), ScaleAI, SolarCity (Tesla), SpaceX, Stripe, Tesla, Twitter, and Unity. DFJ Growth is a fearless investor and steadfast partner to founders who imagine the future and execute on their bold visions to define it.

 

 

About Northzone

 

 

Northzone is a global venture capital fund built on experience spanning multiple economic and disruptive technology cycles. Founded in 1996, Northzone has raised more than ten funds to date, with its most recent fundraise in excess of $1.2 billion and has invested in more than 175 companies, including category-defining businesses such as Trustpilot, Spotify, Klarna, iZettle, Kahoot!, Personio, TrueLayer, Spring Health, and Zopa.

 

 

Northzone is a full-stack investor from Seed to Growth stage, with transatlantic hubs out of London, New York, Amsterdam, Berlin, Stockholm and Oslo.

 

 

 

 

 

Nasal Swab Test Spots Early Alzheimer’s Signals

DURHAM, N.C. – Alzheimer’s disease affects millions of people worldwide, yet the illness is hardest to catch at the very beginning, when new treatments may work best.

In a new study, Duke Health researchers show that a quick, outpatient nasal swab can pick up early biological changes linked to Alzheimer’s, even before thinking and memory problems appear.

The study, published March 18 in Nature Communications, used a gentle swab placed high inside the nose to collect nerve and immune cells. When researchers analyzed these cells, they found clear patterns that separated people with early or diagnosed Alzheimer’s from those without the disease.

“We want to be able to confirm Alzheimer’s very early, before damage has a chance to build up in the brain,” said Bradley J. Goldstein, M.D., Ph.D., corresponding author and professor in the departments of Head and Neck Surgery & Communication Sciences, Cell Biology and Neurobiology at Duke University School of Medicine.

“If we can diagnose people early enough, we might be able to start therapies that prevent them from ever developing clinical Alzheimer’s,” Goldstein said.

The procedure to collect nasal cells took just a few minutes. After applying a numbing spray, a clinician guides a tiny brush into the upper part of the nose where smell-detecting nerve cells live. Researchers then study the collected cells to see which genes are active, a sign of what’s happening inside the brain. 

The study compared samples from 22 participants, measuring the activity of thousands of genes across hundreds of thousands of individual cells, amounting to millions of data points. The nasal swab was able to pick up early shifts in nerve and immune cells. This includes people who showed lab-based signs of Alzheimer’s but had no symptoms yet.

A combined nose tissue gene score correctly separated early and clinical Alzheimer’s from healthy controls about 81% of the time.

Mary Umstead, a voluntary participant in the study, said she felt moved to join the research in honor of her late sister, Mariah Umstead. 

“When the opportunity came along to be part of a research study, I just jumped at it because I would never want any family to have to go through that kind of loss that we went through with Mariah,” Mary said. “I would never want any patient to go through what she went through either.”

Mary said Mariah was 57 years old when she was diagnosed with young-onset Alzheimer’s, but her family started noticing signs of the disease long before she was diagnosed.

Current blood tests for Alzheimer’s detect markers that appear later in the disease process. By contrast, this nasal swab captures living nerve and immune activity and may provide an earlier, more direct look at disease‑related changes, helping identify people at risk sooner.

“Much of what we know about Alzheimer’s comes from autopsy tissue,” said Vincent M. D’Anniballe, the study’s first author and student in the Medical Scientist Training Program at Duke. “Now we can study living neural tissue, opening new possibilities for diagnosis and treatment.”

The Duke team, in collaboration with the Duke & UNC Alzheimer’s Disease Research Center, is now expanding the research to larger groups and exploring whether the swab could help track how well treatments are working over time. Duke has filed a U.S. patent related to this approach. 

In addition to Goldstein and D’Anniballe, study authors include Sarah Kim, John B. Finlay, Michael Wang, Tiffany Ko, Sheng Luo, Heather E. Whitson, and Kim G. Johnson.

50 Women, 50 Enterprises: ACCESS Development Services Launches ‘Mai Bhi Lakhpati’ Compendium Showcasing Grassroots Women Entrepreneurs Across India

50 Women, 50 Enterprises: ACCESS Development Services Launches ‘Mai Bhi Lakhpati’ Compendium Showcasing Grassroots Women Entrepreneurs Across India

New Delhi, Mar  18th: AWE India Network, facilitated by ACCESS Development Services, today launched the ‘Mai Bhi Lakhpati: Women Rewriting India’s Future’ compendium, bringing together 50 powerful, real-life stories of women entrepreneurs from across India capturing their journeys from financial exclusion to building sustainable enterprises and becoming key economic contributors within their communities.

Mr K. Moses Chalai, Secretary, Department of Public Enterprises, Ministry of Finance, Government of India graced the inauguration of the compendium. Launched at Le Méridien, New Delhi, the compendium serves as both a knowledge resource and a call to action. The compendium also aligns with the national vision of creating ‘Lakhpati Didis’ – financially empowered rural women entrepreneurs and contributes to the broader ambition of enabling 5 million women entrepreneurs in India by 2030. It brings together on-ground insights, successful models, and emerging best practices that demonstrate what it takes to enable women to transition into higher income brackets.

It highlights scalable pathways, identifies key enablers, and underscores the importance of convergence between policy, finance, and capacity building making a compelling case for collective action to support many more women in achieving aspirational incomes.

Speaking at the launch, Mr K. Moses Chalai, Secretary, Department of Public Enterprises, Ministry of Finance, Government of India emphasized the critical role of women-led enterprises in driving inclusive growth and aligning with India’s broader vision of economic development. He said, “Women’s empowerment is not just a policy priority, it is a national movement that has gained undeniable momentum over the past decade. From increased participation in education, with more women excelling in fields like engineering, medicine, and even topping the UPSC Civil Services, to stronger access to economic opportunities and safer workplaces, India is steadily moving in the right direction. States today are actively competing to design more progressive schemes for women, reflecting this shift in intent and action. However, gaps still remain, particularly across the value chain where women entrepreneurs often struggle to scale and access markets. This is where organizations like ACCESS Development Services play a critical role in bridging these gaps and enabling women to move forward with confidence. The Government’s focus on initiatives such as ‘Lakhpati Didis’, along with a growing push for women-led enterprises, is already showing results. Public procurement from women-led MSMEs has risen significantly, reaching approximately ₹93,000 crore in 2025 and expected to touch closer to ₹1 lakh crore this financial year. It is important to understand that empowering women is a shared responsibility. We must ensure that every woman has access to her rights, be it in health, nutrition, education, or dignified livelihoods so that she can participate fully and equally in India’s growth story.”

Speaking on the occasion, Vipin Sharma, CEO, ACCESS Development Services said, “The compendium is not just a documentation effort but a call to action for policymakers, funders, and practitioners to invest in scalable, women-led livelihood models. It shows that with the right access to finance, markets, and support, women can build scalable enterprises and drive inclusive growth. As India advances its vision of women-led development, there is a clear need for policymakers, funders, and practitioners to invest in models that can be expanded and sustained at scale.”

The compendium highlights how grassroots women entrepreneurs are:

  • Generating consistent aspirational monthly incomes, often doubling or tripling household earnings
  • Creating local employment, with several enterprises engaging 10–15 women at the community level
  • Reducing distress migration, with families now able to sustain livelihoods within their villages
  • Driving sectoral diversity, spanning agriculture, food processing, handicrafts, circular economy, and services
  • Strengthening household outcomes, with increased spending on children’s education, health, and nutrition

Importantly, the stories showcase a larger systemic shift, women are not just participating in the economy, but leading enterprises, navigating formal financial systems, and accessing government schemes such as DAY-NRLM, MUDRA, and PMFME to scale their businesses.

India on Track to Become Third Largest Economy by 2030, Manufacturing Holds the Key

New Delhi, March 18: India is steadily moving toward becoming the world’s third-largest economy by 2030, driven by strong growth, rising investments, and a large domestic market. However, experts believe that expanding the country’s manufacturing sector will be crucial to sustaining this momentum and achieving long-term economic strength.

India’s economy has shown consistent growth in recent years, supported by increasing consumer demand, digital expansion, and infrastructure development. While the services sector continues to play a dominant role, the next phase of growth is expected to depend more on industrial development and production capacity.

Why Manufacturing Matters

A stronger manufacturing base can significantly boost the economy by creating jobs, increasing exports, and reducing dependence on imports. It also supports other sectors such as logistics, trade, and services, creating a multiplier effect across the economy.

At present, manufacturing contributes a smaller share to India’s overall economy compared to leading industrial nations. Expanding this sector will help India move up the global economic ladder and compete more effectively on the world stage.

Growth Drivers and Opportunities

India has several advantages that can support manufacturing growth:

  • A large and young workforce

  • Expanding infrastructure and industrial corridors

  • Rising demand for goods both domestically and globally

  • Increasing focus on technology and innovation

Key sectors such as electronics, automobiles, renewable energy, and semiconductors are expected to play a major role in this transformation.

Government Efforts and Policy Support

The government has introduced various measures to encourage manufacturing, including incentives for production, improvements in ease of doing business, and investments in infrastructure. These steps are aimed at attracting both domestic and foreign investment and building a stronger industrial ecosystem.

Efforts to improve logistics, reduce costs, and simplify regulations are also helping businesses expand more easily.

The Road Ahead

As India continues to grow, the focus is gradually shifting toward building a more balanced economy that combines strong consumption with robust industrial output. Scaling up manufacturing will be essential to creating jobs, boosting exports, and maintaining high growth rates.

With continued policy support and investment, India is well positioned to strengthen its manufacturing sector and achieve its goal of becoming one of the world’s largest economies.

Cabinet Approves Rs 2,584 Crore Scheme to Boost Small Hydro Projects

New Delhi, March 18: The Union Cabinet has approved a new scheme aimed at promoting small hydro power projects across the country, with a total financial outlay of Rs 2,584.60 crore. The initiative is expected to strengthen India’s renewable energy capacity while supporting sustainable and decentralized power generation.

The scheme focuses on the development, modernization, and revival of small hydro projects, which are typically defined as plants with a capacity of up to 25 MW. These projects are considered environmentally friendly and play a crucial role in providing reliable electricity, especially in remote and hilly regions.

According to official sources, the programme will support both new and existing projects. It includes provisions for upgrading old plants to improve efficiency, as well as incentives to encourage fresh investments in the sector. By addressing issues such as ageing infrastructure and financial viability, the scheme aims to unlock the untapped potential of small hydro energy in India.

Small hydro projects are particularly significant for states with abundant water resources, including those in the Himalayan and northeastern regions. These projects not only contribute to clean energy generation but also help in local employment and regional development.

The government’s decision comes at a time when India is accelerating its push toward renewable energy to meet its climate goals and reduce dependence on fossil fuels. By promoting small hydro alongside solar and wind energy, the country is adopting a more diversified approach to clean power generation.

Industry experts believe that the scheme could revive investor interest in the sector, which has faced challenges in recent years due to high initial costs and regulatory hurdles. With financial support and policy backing, small hydro projects are expected to play a more prominent role in India’s renewable energy mix.

The initiative also aligns with the broader objective of ensuring energy access in underserved areas while maintaining environmental sustainability. As implementation begins, the scheme is likely to contribute to both green energy expansion and rural development, reinforcing India’s long-term energy strategy.

Apis India Limited’s Misk launches Masala Dates – Seedless, Superfood-On-The-Go in Bold Indian Flavours

Hyderabad, Mar 18: Apis India Limited’s MISK has launched its newest innovation – Masala Dates in Hyderabad. It’s a savoury spin on a traditional superfood-on-the-go that brings three punchy Indian masala profiles – Achari, Imli (tamarind) and Chilli-Lime to deseeded, sliced dates. 

Traditionally consumed in their whole form, dates often require preparation such as deseeding or cutting before consumption. Recognising this friction and the growing consumer interest in flavour experimentation, Apis India has introduced Masala Dates as a value-added, sweet-savoury innovation in the category. The range is designed for immediate consumption and flavour exploration, offering an alternative to sugary and fried snacks. 

Unlike conventional date products that largely remain in their natural sweet format, Masala Dates is an innovation that introduces a differentiated flavour dimension. It combines the natural sweetness of dates with bold Indian spice blends to create a snack that stands apart from typical offerings in the segment.

Masala Dates pairs the natural energy and nutritional profile of dates with bold spice blends created for snacking, topping and quick recipe uses. The product is seedless, pre-sliced and ready to eat, making it easy to add to breakfast bowls, chaat, salads, or to enjoy straight from the pack as an on-the-go savoury bite.

The launch expands the company’s clean-nutrition and value-added portfolio and is aimed at  consumers who are curious about flavour, time-pressed, or looking for healthier substitutes to conventional snacks. The de-seeded format is intended to reduce handling time and broaden usage occasions across households and on the move.

Commenting on the launch, Mr Amit Anand, Managing Director, Apis India, said:

“We are excited to present this latest innovation to consumers. We developed Masala Dates to address everyday convenience and healthy choices without moving away from familiar Indian flavour profiles. The range is intended for consumers who want ready-to-use options that fit into modern routines while offering distinct taste choices.”

Masala Dates will be rolled out PAN India through retail shops, leading modern trade stores and major e-commerce platforms in coming weeks.

Rubix Data Sciences Report Finds leading 10 States Contribute Nearly 70 Percent of India’s Economic Output

Mumbai, Mar 18: Rubix Data Sciences has released its latest report, “State of the States; Assessing State-level Performance: Driving India’s Economic Transition,” revealing that 10 states account for nearly 70% of India’s total economic output, underscoring the concentration of growth across key regions.

The decadal analysis, covering FY15 to FY25, evaluates state performance across multiple indicators including GDP contribution, per capita income, capital expenditure, exports, credit flows, social sector spending, and tourism.

South Emerges as Leading Growth Engine

According to the report, India’s southern region leads national GDP contribution with a 31% share in FY25, marginally ahead of the northern region at 30%. Key southern states—Tamil Nadu, Karnataka, Telangana, and Andhra Pradesh—collectively increased their share of national GDP from 25% in FY15 to 27% in FY25.

These states also recorded strong growth:

  • Karnataka: 7.8% average real growth

  • Telangana: 7.1%

  • Andhra Pradesh: 6.9%

  • Tamil Nadu: 6.8%

Maharashtra Remains Top Contributor; Gujarat Leads Growth

While Maharashtra continues as India’s largest contributor to GDP, its share moderated from 15% in FY15 to 13% in FY25. Meanwhile, Gujarat emerged as one of the fastest-growing major economies, posting a 7.9% average growth rate.

Investment and Credit Remain Concentrated

The report highlights that capital expenditure remains concentrated:

  • Uttar Pradesh, Maharashtra, and Gujarat together account for nearly 30% of India’s capex

  • The top 10 states contribute ~67% of total capex

Industrial credit is similarly concentrated, with the West and North accounting for 34% each, capturing two-thirds of total industrial credit.

Exports Driven by West and South

India’s goods exports remain dominated by a few states:

  • Gujarat, Maharashtra, and Tamil Nadu together contribute ~61% of total exports

  • The West holds ~48% share, while the South has increased from ~26% to ~33%, reflecting growing manufacturing strength

Per Capita Prosperity Led by Southern States

Southern states also lead in per capita income:

  • Telangana: ₹3.88 lakh

  • Karnataka: ₹3.81 lakh

  • Tamil Nadu: ₹3.62 lakh

These figures surpass larger states like Maharashtra and Haryana, indicating that growth in the South is translating into higher individual prosperity.

Shifting Investment Trends

India’s investment landscape is gradually evolving:

  • Fixed capital remains concentrated in the West (33%)

  • However, new investments are diversifying toward Tamil Nadu, Odisha, and Uttar Pradesh

Karnataka and Telangana have demonstrated high capital efficiency, with capital-to-invested ratios exceeding 100%.

Northeast Leads in Social Sector Spending

The Northeast region recorded the highest social sector spending as a share of GDP, rising to ~16.4% in FY25. States like Manipur and Arunachal Pradesh led with significant allocations toward education, healthcare, and welfare.

Tourism Growth Highlights Regional Trends

India recorded:

  • 20.9 million foreign tourist arrivals

  • 2.9 billion domestic visits in 2024

The North led tourism, with Uttar Pradesh emerging as the top domestic destination (22% share), driven by events like the Ram Temple inauguration and the Maha Kumbh Mela.

BIMARU States Show Strong Transformation

Traditionally lagging states—Bihar, Madhya Pradesh, Rajasthan, and Uttar Pradesh—have demonstrated notable progress:

  • GSDP nearly tripled in Bihar and Madhya Pradesh

  • Per capita income rose ~2.5 times across all four states

These states are increasingly becoming significant contributors to India’s economic landscape.

Leadership Perspective

Commenting on the findings, Mohan Ramaswamy said:
“India’s growth story is fundamentally a state-level story. While growth is broadening beyond traditional anchors, concentration risks remain. The ability of emerging states to convert investment momentum into sustainable industrial capacity will define the next phase of India’s growth.”

Conclusion: Need for Balanced Growth

The report emphasizes that while leading states such as Maharashtra, Gujarat, Tamil Nadu, Karnataka, and Telangana continue to anchor India’s economy, long-term resilience will depend on broader regional participation.

A more balanced distribution of investment, credit, and industrial growth will be crucial in shaping India’s next phase of economic development.