12-May-2024: India Highlights Forest Conservation Success at UNFF 19, Mahindra & Mahindra, Textiles Market, Agriculture Ministry, VDMA Survey

12 May 2024

• India Highlights Forest Conservation Success at UNFF 19, Ranks 3rd in Global Net Forest Gain

  In the bustling corridors of the United Nations Headquarters in New York, India stood out as a beacon of success in forest conservation during the 19th Session of the United Nations Forum on Forests (UNFF), held from May 6th to May 10th, 2024. Led by Jitendra Kumar, Director General of Forests and Special Secretary of the Ministry of Environment, Forest and Climate Change, the Indian delegation highlighted the remarkable strides made in preserving and sustainably managing its forest resources.

• Mahindra & Mahindra and Ministry of Skill Development and Entrepreneurship (MSDE) Sign MoU for Drone Didi Yojana; Skilling Women to Become Drone Pilots

  Mahindra & Mahindra Ltd., India’s leading Farm Equipment company and the world’s largest tractor manufacturer by volume signed a Memorandum of Understanding (MoU) with the Ministry of Skill Development and Entrepreneurship (MSDE) to conduct two Pilots under the Drone Didi Yojna. Launched earlier this year, the scheme aims to train 15,000 women to operate drones for agricultural purposes such as fertiliser sowing, crop monitoring and seed sowing, thereby creating new livelihood opportunities for women through imparting skills in new technology areas.

• India’s Technical Textiles Market Has Huge Potential Backed by a Significant Growth Rate of 10%, Says Rachna Shah, Secretary, Textiles Secretary

  The Ministry of Textiles in partnership with Confederation of Indian Industry (CII) and Ahmedabad Textiles Industries’ Research Associations (ATIRA) organized a National Symposium on Advancements in Composites, Speciality Fibres and Chemicals here in New Delhi on May 09, 2024. India’s Technical Textiles market has a huge potential backed by a significant growth rate of 10% and placement as the 5th largest technical textiles market in the world, said Rachna Shah, Secretary, Ministry of Textiles while addressing the symposium.

• Agriculture Ministry Adds New Fertilizers to Fertilizer Control Order to Boost Crop Health and Yield

  To enhance agricultural productivity and cater to diverse crop demands, the Ministry of Agriculture and Farmers Welfare has recently revised the Fertiliser (Inorganic, Organic, or Mixed) (Control) Order, 1985, to incorporate several new fertiliser alternatives. This strategic amendment aims to provide farmers with a broader range of options to effectively address specific soil deficiencies and promote overall plant health.

• VDMA Survey: Optimistic Outlook for Machinery and Plant Engineering in India

  India is becoming increasingly attractive for German and European machinery and equipment manufacturers, and the companies already operating there are currently very optimistic about their business outlook. This is the conclusion of the latest business climate survey conducted in April by VDMA among its member companies operating in India. It shows a continuing stable economic picture, although the business situation has weakened slightly since the last survey in October.