The Defence Ministry has signed contracts with ACE Limited and JCB India Limited for the procurement of 1,868 Rough Terrain Fork Lift Trucks (RTFLT) for the Indian armed forces, costing Rs 697.35 crore in total. This critical equipment will enhance operational effectiveness by assisting in combat and logistics tasks, while also promoting employment generation in the MSME sector through component manufacturing. The procurement signifies a significant step towards modernizing India’s defence infrastructure and supporting indigenous industries as part of the ‘Aatmnirbhar Bharat’ initiative.
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Made in US: A 24-k gold gift for Trump, a tariff relief for Apple – watch
On a notable day at the White House, Apple CEO Tim Cook gifted President Trump a unique glass engraving, produced in the U.S., during a ceremony promoting Apple's "American Manufacturing Program." In return, Trump announced that companies like Apple, which invest in U.S. manufacturing, would be exempt from an upcoming 100% tariff on semiconductors, while Apple committed an additional $100 billion to its $500 billion investment plan in the U.S. Want More Context? 🔎
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