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Consulate General of India, Vancouver
Weekly Newsletter Issue No. 50
March 15, 2024
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MISSION DIVYASTRA - INDIA'S AGNI-5 MISSILE
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Mission Divyastra: India's highly-accurate AGNI-5 Missile with MIRV tech ready to deter enemies
India tested Mission Divyastra, the first flight test of indigenously developed Agni-5 missile on March 11. The missile is now equipped with Multiple Independently Targetable Re-entry Vehicle (MIRV) technology. On the achievement, PM Modi praised the DRDO scientists for their successful execution of Mission Divyastra. The successful test flight of the Agni-5 missile with MIRV technology signifies a significant milestone in bolstering the country's defense. With the test of Mission Divyastra, India has joined the select group of nations that have MIRV capability. The system is equipped with indigenous Avionics systems and high-accuracy sensor packages. The system ensured that the re-entry vehicles reached the target points within the desired accuracy
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Become an Incredible India Ambassador
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Now Open for Admissions 2024
Residential International University backed by the Act of Parliament - Institution for National Importance
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HIGH COMMISSIONER VISIT TO ALBERTA
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Meeting with the Lieutenant Governor of Alberta
High Commissioner Sanjay Kumar Verma and Consul General Manish called on The Hon. Salma Lakhani, Lieutenant Governor of Alberta, in Edmonton on 11 March 2024. During the meeting, they had a very friendly and pleasant exchange of views on various themes of mutual bilateral interest.
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Meeting with the Premier of Alberta
High Commissioner Sanjay Kumar Verma and Consul General Manish called on Hon. Danielle Smith, Premier of Alberta, in Edmonton on March 12, 2024. They had warm & friendly discussions on enhancing India-Alberta relations in diverse economic fields, including energy, agriculture, innovation, startups & education.
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Meeting with the Mayor of Edmonton
His Worship Amarjeet Sohi, Mayor of the City of Edmonton, Alberta, received High Commissioner Sanjay Kumar Verma and Consul General Manish in his office on 11 March 2024. During the meeting, they had a discussion on further intensifying India's engagement with Edmonton in the economic, energy and education sectors.
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Meetings with Alberta Government Ministers
High Commissioner Sanjay Kumar Verma and Consul General Manish had productive bilateral meetings on 11 March 2024 in Edmonton with Alberta Government Ministers Hon. Adriana LaGrange, Minister of Health, Hon. Nathan Cooper, Speaker of the Alberta Legislative Assembly, Hon. Rajan Sawhney, Minister of Advance Education, and Hon. Brian Jean, Minister of Energy & Minerals. During the meetings, they reviewed India-Alberta relations and discussed ways forward in new areas.
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Interactive session organized by the Indo-Canada Chamber of Commerce (ICCC)
High Commissioner Shri Sanjay Kumar Verma addressed a gathering of business & industry leaders, and other dignitaries at an interactive session organized by the Indo-Canada Chamber of Commerce (ICCC), Alberta Chapter on March 11, 2024, in Edmonton. High Commissioner emphasized the vast array of business prospects in #NewIndia, highlighting the dynamic potential for collaboration. He commended Mr. Ravi Prakash Singh, Chair of the Indo-Canada Chamber of Commerce (ICCC), Alberta Chapter, and his team for the successful event. He invited the ICCC Alberta Chapter to lead a business delegation from Alberta to India.
Consul General Manish, in his remarks, shared the current state of India-Alberta business and Economic Engagement and highlighted the way forward for further strengthening economic engagement. Additionally, in the presence of High Commissioner Sanjay Kumar Verma, Consul General presented a certificate of appreciation to the Chair and Vice Chair of the Indo-Canada Chamber of Commerce, Alberta, acknowledging their contributions in promoting and facilitating business and trade ties between India and Alberta.
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Chalo India Campaign at ICCC Event in Edmonton
Consul General Manish highlighted the Chalo India Global Campaign launched by Hon’ble Prime Minister Narendra Modi at an event organized by the Indo-Canada Chamber of Commerce (ICCC), Alberta Chapter in Edmonton on March 11, 2024.
Consul General Manish invited the diaspora and friends of India to become #incredibleindia ambassadors and invite five foreign friends to explore our diverse culture, vibrant heritage, and breathtaking landscapes every year. About 200 guests attended the event.
Visit the website to sign up and join the movement - https://www.chaloindia.gov.in/
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Engagement with University of Alberta
High Commissioner Sanjay Kumar Verma and Consul General Manish met with Mr. Bill Flanagan, President, of the University of Alberta, and his team in Edmonton on 12 March 2024. Their discussions were focused on enhancing engagement, especially in R&D, and tech cooperation. The High Commissioner also took a tour of the labs and interacted with Indian students.
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Meeting with the Edmonton International Airport Management Team
High Commissioner Sanjay Kumar Verma along with Consul General Manish visited Edmonton International Airport during their visit to Edmonton and met with the Executive Management team & Board member Angelina Bakshi. Discussion focussed on cooperation in cargo services & other commercial opportunities in Edmonton International Airport.
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Interaction with Business Leaders in Edmonton
High Commissioner Sanjay Kumar Verma interacted with the business leaders in Edmonton at an event hosted by Rohit Group and Edmonton Global. The discussion focussed on enhancing India - Alberta economic engagement in the diverse fields of interest.
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Consul General Manish meetings with British Columbia Government Ministers and Premier
Consul General Manish was honored to participate in an official briefing by British Columbia Government Ministers organized by Hon. Brule Ralston, Minister Responsible for the Consular Corps of BC. On the sidelines, Consul General met with Hon. David Eby, Premier of British Columbia. Consul General also delivered remarks at the briefing and conveyed appreciation for giving policy perspectives.
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From Imphal West, Manipur, come #toys like Laiphadibis & Khurkul Mooga, crafted eco-consciously with intricate details & vibrant colors, celebrating local craftsmanship.
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With a GI tag for nearly 20 years, Darjeeling tea is grown in selected estates of Darjeeling & Kalimpong and is prized for its unique musky flavour & floral fragrance, earning the title 'champagne of teas.'
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Imagine exchanging vows with your beloved, embraced by the warmth of the Sun God’s blessings and the flavors of Machha Jhola. Come, say ‘I do’ amidst the rich heritage and scenic grandeur of Odisha’s Sun Temple.
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What’s wrong with #India? Just a side effect of being absolutely incredible!
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B’luru firm develops India’s fastest router; Nivetti’s 2.4 tbps router gives fillip to Digital India
Networking and cyber security products and solutions company Nivetti Systems on Saturday unveiled the country’s fastest homegrown internet protocol/multiprotocol label switching (IP/MPLS) router in Bengaluru, in the presence of Union minister for communications, electronics, and information technology Ashwini Vaishnaw.
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Indian entrepreneurs are among the best in world, says Naspers CEO
Complimenting the Indian entrepreneurs as among the best in the world, a top CEO of a South African global company has said India and South Africa are at the forefront of digital transformation and jointly harnessing the power of technology. Phuti Mahanyele, CEO of Naspers South Africa, a global technology investment group.....
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Mission Gaganyaan: Marking a New Chapter in India’s Space Odyssey
In the pantheon of India’s space exploration endeavours, Mission Gaganyaan stands out as a bold and ambitious project. It signifies India’s resolve to join the league of nations capable of sending humans to space and safely returning them to Earth. This mission is not merely a testament to India’s growing prowess in space technology but also a beacon of its scientific spirit.....
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India produces 97% of its total mobile phone demand locally: ICEA
Mobile phone manufacturing in value terms jumped 21-fold to ₹4.1 lakh crore in India in the last 10 years as government policy measures like the PLI scheme played a critical role in attracting global players to boost local production, industry body India Cellular and Electronics Association (ICEA) said in a statement. India now produces 97% of its total mobile phone demand locally and 30% of the total production in the financial year 2024 is meant for export, it said.
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I found inspiration in India: Bill Gates shares highlights from India visit
Microsoft co-founder Bill Gates was in India recently. Gates started his India trip with Odisha's capital, Bhubaneswar. During the almost week-long India visit, Gates met Prime Minister Narendra Modi and External Affairs Minister S Jaishanakar. Gates also visited IIT Delhi recently and the state of Odisha, where he met with Chief Minister Naveen Patnaik.
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India's chip ambitions are about to get larger
India aims to be among the top five in the semiconductor ecosystem in the next five years. The Semiconductor Mission approved projects with a combined investment of ₹1.48 trillion, with plans for more fabs and ATMP units in the pipeline, the minister says. The government plans to boost chip sector incentives from the current Rs. 76000 crore, as it expects a mushro0ming of chip fabs and testing units in the country in years ahead.
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Siemens bets on India's growth, move towards sustainability
Siemens is betting on India's economic expansion and its move towards digitalization and sustainability that is fast gaining momentum to support the company’s growth in the coming years, two top executives at the German engineering major said. The company will also have a sharp focus on expansion into new fields, either through organic or inorganic investments, said Sunil Mathur, the managing director of Siemens Ltd, the Indian-listed unit of the firm.
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16 years, 21 rounds of talks: India-EFTA free trade agreement a reality
After 16 years of negotiations, involving 21 formal rounds, India and the four European Free Trade Association (EFTA) countries on Sunday signed a free-trade agreement (FTA), which may be instrumental in India receiving $100 billion as foreign direct investment (FDI) in 15 years with 1 million jobs. The EFTA countries will get duty-free market access to India for products like Swiss watches and chocolate.
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India's Trade Pact With 4-Nation European Bloc: All About Swiss Watches, Chocolates Set to Enter Indian Market
India and the four-European nation bloc EFTA signed a trade and economic partnership agreement (TEPA) on Sunday to enhance trade and investments between the two regions, heralding a new era of economic cooperation. As a result of the trade pact, Indian customers will get access to high-quality Swiss products such as watches, chocolates, biscuits, and clocks at lower prices. In return, India will phase out customs duties under its trade pact with the EFTA bloc on these goods.
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India’s Poshan Tracker: data-driven tool for maternal and child nutrition
Early detection and intervention are key for addressing undernutrition in children. Increased global coverage of mobile phones could be a game-changer for nutrition surveillance. By reducing the cost and increasing the coverage and speed of nutrition information systems, technology-enabled solutions hold the promise of transforming data-informed decision making. The Government of India’s ‘Poshan Tracker’ is the largest mobile phone-based nutrition surveillance system in the world.
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Growth In Women's Representation On India Inc Is Up Over Past 5 Years: Study
The representation of women in board seats across India Inc. has steadily increased over the past five years, reaching 18.3 percent in 2023, according to a report by Deloitte released on Friday. However, this figure remains below the global average of 23.3 percent, as highlighted in the 'Women in the Boardroom: A Global Perspective' report."Boardroom diversity requires a paradigm shift.
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2000% JUMP! Rs 18,900 cr to Rs 410,000 cr - How mobile phone production soared in 10 years - Make in India boost!
India has achieved a remarkable feat in the field of mobile phone manufacturing, becoming the world's second largest producer of mobile phones in a decade. According to the industry association ICEA, the sector has transitioned from being 78% import dependent in 2014 to 97% self-sufficient in 2024, with only 3% of the total mobile phones sold in India being imported.
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India-EFTA trade deal to bring in $100 billion investment in 15 years
Investment worth $100 billion over 15 years will be tied with the trade agreement between India and the four-member European Free Trade Association (EFTA), to be signed on Sunday, according to people aware of the matter. The investment will be linked to the creation of one million jobs in India. “A mechanism and a road map will be developed to achieve that kind of investment,” one of the persons cited above told Business Standard.
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India receives ‘Measles and Rubella Champion’ Global Award for its Exemplary Efforts in combating these Diseases
India has been bestowed with the prestigious measles and rubella champion award for its exemplary efforts in combating these diseases. The award was received by ambassador Sripriya Ranganathan on behalf of the Ministry of Health and Family Welfare at American Red Cross Headquarters in Washington on March 6th.
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Indian economy on robust track
With Q3 GDP posting a robust six-quarter high growth of 8.4 percent beyond the street expectations, the outlook for FY24 stands revised by the National Statistical Office (NSO) to 7.6 percent, up from 7.3 percent and the Q4 growth is expected to be 5.9 percent which further affirms the growing resilience of the economy. Thus, the average GDP of the first 3 quarters of FY24 is at 8.2 percent. Hence, GDP data holds significance in creating an environment of economic buoyancy.
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"India very important to us": New Zealand's Deputy PM Winston Peters on bilateral visit
New Zealand's Deputy Prime Minister, Winston Peters, who is on an official visit to India, emphasized the significance of India to his country and highlighted the importance of the meetings for strengthening bilateral relations. Describing his ongoing visit, Deputy PM Winston Peters mentioned his prior visit to Gujarat and his current meetings with key ministers in Delhi. "Well, it's been very important, very interesting. We think we're making a lot of progress.
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India a travel powerhouse; Agoda will continue accelerated expansion: CEO
Global digital travel platform Agoda will continue the accelerated rate of onboarding of accommodation properties in India, its fastest-growing market and a global travel powerhouse, its CEO Omri Morgenshtern said on Tuesday. The company is also looking to enhance partnerships with local firms in the travel and hospitality sector in the country to tap the huge potential of inbound and outbound traffic from the country.
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India joins select group of nations, conducts first test-flight of Agni-5 missile carrying multiple warheads
Prime Minister Narendra Modi announced on Monday that India has successfully completed the inaugural test flight of indigenously designed missile Agni 5 equipped to carry several warheads. PM Modi revealed in a message on X that the missile is outfitted with multiple independently targetable re-entry vehicles (MIRVs)."Proud of our DRDO scientists for Mission Divyastra, the first flight test of indigenously developed Agni-5 missile with Multiple Independently Targetable Re-entry Vehicle (MIRV) technology," PM Modi said on 'X'
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India brought in new global vision through philosophy of 'Vasudhaiva Kutumbakam': Hardeep Puri
Union Minister for Petroleum and Natural Gas, Hardeep Singh Puri, met with representatives of United Nations missions and agencies in India on Monday, emphasizing India's new global vision through the philosophy of 'Vasudhaiva Kutumbakam.' "Had a freewheeling discussion on various topics with the heads & representatives of @UNmissions & agencies in India. I underscored the way forward for the association between UN & India," Union Minister Puri said in a post on X.
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Fitch Ratings ups GDP growth forecast to 7% for FY25 on demand push
Global rating agency Fitch Ratings on Thursday raised India’s growth forecast for the next financial year (FY25) to 7 percent from 6.5 percent estimated earlier, citing robust domestic demand and sustained growth in business and consumer confidence. It also expects the growth in the current financial year to clock 7.8 percent, slightly higher than the government's own forecast of 7.6 percent.
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India to create 24 mn tech-savvy manpower for global markets: Foundit CEO
India is set to create 24 million tech-savvy skilled manpower for the global market in the next 3-5 years, according to Sekhar Garisa, CEO of Bengaluru-based Foundit, a job placement platform. Foundit is already working with 90 million registered jobseekers, 70 per cent, or 63 million, of whom are from Indian technology institutes, he said at the launch of the next-generation recruitment solution app in Singapore on Wednesday evening.
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Indian gaming likely to hit $7.5 billion, create 250,000 jobs by 2025: Meta India head
The Indian gaming sector is set to be worth almost $7.5 billion and create 250,000 jobs by 2025, Facebook parent Meta’s vice president for India, Sandhya Devanathan, said. “While we aim to be an 8-trillion-dollar economy, a trillion of that is going to come from the digital economy, and that will mean that gaming will be a very significant part of that,” she added.
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Unicorns to add $1 trn to economy by 2030, generate 50 mn jobs: CII study
New unicorns are likely to add USD 1 trillion to the Indian economy, which would reach USD 7 trillion size by 2030, and add 50 million new jobs, according to a report released by industry body CII on Thursday. Startup firms valued over USD 1 billion are categorised as unicorns. The report 'Unicorn 2.0: Adding the Next Trillion' has been prepared with McKinsey & Company as the knowledge partner, the chamber said.
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India's semicon capacity could touch 1.8 lakh wafers per month: Rajeev Chandrashekhar
India's semiconductor manufacturing capacity is expected to touch 1.8 lakh wafers per month soon, considering the current project proposals, Rajeev Chandrashekhar, minister of state for electronics and information technology, said on Wednesday. The projects include a $11.5 billion plan by Israel's Tower Semiconductor and the approved projects by Tata-PSMC and CG Power-Renesas.
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