14, Sep 2026
Indian Railways Boosts Passenger Connectivity and Freight Capacity in August 2026
New Delhi, September 14, 2026: Indian Railways recorded broad-based growth in passenger services and freight operations during August 2026, with freight loading rising 5.4% year-on-year and the network expanding its passenger connectivity through regularisation of Amrit Bharat services and additional festival-season trains.
During the month, 14 Amrit Bharat services were converted from special to regular services, taking the total number of Amrit Bharat services to 86. At the same time, five new Gati Shakti Cargo Terminals (GCTs) were commissioned, strengthening rail-based freight connectivity for industries and commercial centres.
Freight Loading Rises 5.4%
Indian Railways loaded 137.9 million tonnes of freight in August 2026, compared with 130.9 million tonnes during the corresponding month last year. The increase represents a 5.4% year-on-year growth.
Freight revenue also increased, rising 6.27% compared with August 2025, signalling continued momentum in the railway’s freight business.
The growth was supported by higher movement across several major commodity categories, including coal, iron ore, steel, fertilisers and other goods. Increased rail freight movement provides industries with a large-scale transportation network for moving raw materials, intermediate goods and finished products across the country.
Iron Ore, Coal and Container Traffic Lead Growth
Several key freight segments registered notable increases during August.
Iron ore loading grew 12.1%, while clinker increased 10.4%. Domestic container loading rose 9.2%, and coal loading grew 6%. Finished steel recorded 4.9% growth, mineral oil increased 3.1% and fertiliser loading rose 1.6%.
The Balance Other Goods category also registered 8.2% growth.
The increase in container traffic is particularly significant as it supports the movement of a wider range of commodities through rail-based logistics. Higher loading across industrial commodities also strengthens the role of railways in supporting manufacturing, construction, energy and other economic activities.
Five New Gati Shakti Cargo Terminals Commissioned
Indian Railways commissioned five new Gati Shakti Cargo Terminals in August, taking the cumulative number of commissioned GCTs to 149 as of August 31, 2026.
The new terminals are located at:
- Shivlakha, Gujarat
- Nalli, Tamil Nadu
- Shaktinagar, Uttar Pradesh
- Deoragram, Madhya Pradesh
- Brajrajnagar, Odisha
The expansion of the GCT network is aimed at bringing modern freight-handling infrastructure closer to production and consumption centres.
Greater access to such terminals can help streamline cargo handling, improve first- and last-mile connectivity and reduce avoidable logistics movement. The network also supports closer integration between Indian Railways and the country’s broader multimodal logistics infrastructure.
14 Amrit Bharat Services Made Regular
Passenger connectivity received a further boost during August, with 14 Amrit Bharat services regularised from special to regular operations. The move takes the total number of Amrit Bharat services to 86.
Among the routes covered are:
- Subedarganj–Lokmanya Tilak Terminus
- Gorakhpur–Bandra Terminus
- Gorakhpur–Delhi Junction
- Ahmedabad–Bhagalpur
- Lokmanya Tilak Terminus–Prayagraj Junction
- Prayagraj Junction–Udhna Junction
- Dhanbad–Coimbatore
The additional regular services are expected to expand affordable long-distance travel options between major metropolitan centres and regional destinations.
The Gorakhpur–Bandra Terminus and Gorakhpur–Delhi Junction services, for instance, strengthen connections between eastern Uttar Pradesh and two major metropolitan regions. The routes can provide additional travel options for people travelling for employment, education, business and family-related purposes.
Similarly, the Ahmedabad–Bhagalpur service creates a direct rail connection between Gujarat and Bihar, while the Dhanbad–Coimbatore route strengthens connectivity between eastern and southern India.
Services linking Prayagraj with Udhna and Mumbai further expand travel options for passengers travelling from Uttar Pradesh towards western India.
Passenger Traffic Continues to Rise
Indian Railways carried 67.27 crore passengers in August 2026, compared with 64.43 crore in August 2025.
Suburban traffic recorded particularly strong growth, increasing 9.02% year-on-year. Suburban rail services carried 38.01 crore passengers during August 2026, compared with 34.89 crore during the same month last year.
The figures underline the continued importance of the railway network as an affordable and high-volume mode of daily transportation, particularly across India’s densely populated metropolitan and suburban areas.
More Special Trains for Festival Travel
Indian Railways also increased the number of special train services to manage the seasonal surge in passenger demand.
During the Rakshabandhan period from August 25 to 31, 2026, the railways operated 144 trips of special trains, compared with 48 trips operated between August 8 and 14, 2025.
The substantially higher number of special train trips provided additional capacity during the festival rush, particularly for passengers travelling to their hometowns and families.
Additional services during peak periods can help distribute passenger demand, ease pressure on regular trains and provide greater flexibility for travellers during major festivals.
Railways Strengthens Passenger and Freight Network
The performance during August reflects Indian Railways’ simultaneous focus on expanding passenger services and strengthening freight infrastructure.
The regularisation of Amrit Bharat services is widening affordable long-distance connectivity, while additional festival trains are helping accommodate seasonal passenger demand. On the freight side, higher commodity loading and the expansion of Gati Shakti Cargo Terminals are strengthening the railway’s role in India’s logistics ecosystem.
With continued investment in capacity, connectivity and operational infrastructure, Indian Railways is positioning its passenger and freight networks to handle growing demand while supporting everyday mobility, industrial supply chains and broader economic activity across the country.
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- By Neel Achary
14, Sep 2026
Dryland Congress 2026 Ends with Delhi Declaration, Sets Agenda for South-South Cooperation
New Delhi, September 14, 2026: The three-day Dryland Congress 2026 concluded in New Delhi with participating governments, institutions, researchers and development partners endorsing the Delhi Declaration on Drylands (3D) and calling for stronger South-South and triangular cooperation to accelerate innovation and action in dryland agriculture.
Held under the theme “Transforming Dryland Agriculture with South-South Cooperation,” the Congress brought together stakeholders from across the Global South to explore solutions for improving agricultural resilience, food security, climate adaptation and rural livelihoods in dryland regions.
The closing day coincided with the United Nations Day for South-South Cooperation, reinforcing the Congress’s emphasis on partnerships, knowledge exchange and the scaling of agricultural innovations across developing countries.
The Delhi Declaration outlines a common agenda for transforming dryland agriculture through collaboration, scientific knowledge, innovation and collective action. It was endorsed during the closing plenary by participating governments, institutions, partners and delegates.
ICAR Calls for Greater Foresight and Data
Addressing the concluding session, Dr M. L. Jat, Secretary, DARE and Director General, ICAR, stressed the importance of incorporating foresight into strategies for dryland agriculture.
Jat called for the creation of a strong institutional mechanism for agricultural foresight and proposed that the ICAR-National Institute of Agricultural Economics and Policy Research (ICAR-NIAP) be given a mandate to lead foresight activities related to dryland agriculture.
He also highlighted the need for robust data and information systems capable of supporting decision-making across dryland agri-food systems. According to him, common innovation platforms and living laboratories could help connect research institutions with farmers, policymakers and other stakeholders.
ICRISAT Stresses Need to Move from Ideas to Action
Dr Himanshu Pathak, Director General, ICRISAT, underlined the critical role of drylands in global food security and called for the outcomes of the Congress to be converted into measurable action.
He urged participants to prioritise the recommendations emerging from the three-day discussions into short- and long-term programmes. The focus, he said, should be on moving from ideas to concepts and ultimately to implementation by combining expertise, knowledge and partnerships.
The valedictory session also highlighted several new collaborations emerging from the Congress, including agreements and Memoranda of Understanding with the Global Crop Diversity Trust.
ICRISAT also entered into MoUs with Avior Life Sciences, NIFTEM, Wipro Limited, and the Angul and Rayagada district administrations of Odisha, strengthening partnerships aimed at promoting innovation and practical interventions in dryland agriculture.
The Congress Co-Chairs, Dr D.K. Yadava, DDG (Crop Science), ICAR, and Dr Stanford Blade, DDG (Research & Innovation), ICRISAT, presented a summary of the deliberations and outlined key recommendations and outcomes.
Strengthening South-South Agricultural Partnerships
The final day began with a commemoration of the UN Day for South-South Cooperation, featuring messages from the UN Secretary-General, FAO Director-General and UNOSSC Director Dima Al-Khatib.
Pathak presented the vision of the International Solidarity for South-South Cooperation in Agriculture (ISSCA) and highlighted the need for stronger partnerships among countries of the Global South.
Representatives from ICRISAT, ICAR, CGIAR, RIS, NABARD and the CGIAR Capacity Sharing Accelerator reaffirmed their commitment to advancing South-South cooperation and increasing its impact on agricultural development.
A subsequent session, “Knowledge Without Borders: Advancing South-South and Triangular Cooperation,” was convened in collaboration with CGIAR. Discussions examined how successful cooperation models could be strengthened, replicated and taken to scale.
Experts and representatives from national agricultural research systems in Ethiopia, Senegal, Brazil, China and India, alongside delegates from CGIAR, FARA and APAARI, shared experiences on building effective South-South and triangular partnerships.
ISSCA Global Awards Recognise Agricultural Innovations
The Congress also hosted the ISSCA Global Awards 2026, which recognise proven agricultural innovations from institutions across the Global South that demonstrate potential for large-scale adoption and adaptation across countries.
The inaugural awards attracted 170 nominations from 34 countries spanning Asia, Southeast Asia, Africa, the Middle East, and Latin America and the Caribbean.
The ISSCA Global Award for Transformative Excellence (Mega Award) was presented to:
- ICARDA, Lebanon, for TAAT Wheat Compact Technologies: Heat-Tolerant Wheat Varieties;
- CIMMYT, Mexico, for e-Agrology 360; and
- Odisha Livelihoods Mission, Government of Odisha, India, for Women-Led Sustainable Farming for Nutrition and Rural Resilience.
Awards Span Crop, Climate and Digital Agriculture
The Crop Improvement & Production Technologies category recognised the Bangladesh Agricultural Research Institute for BARI Chinabadam-9, the University of Agricultural Sciences, Dharwad, for GPBD 4, and Myanmar’s Department of Agricultural Research for climate-smart, early-maturing chickpea, pigeonpea and groundnut varieties.
In Natural Resource Management & Climate Resilience, awards went to the Karnataka State Department of Agriculture for Krishi Bhagya; NECTAR, India, for integrated banana pseudo-stem processing; the Department of Agriculture, Government of Bihar, for rejuvenating Aahar–Pyne landscapes; and Sustainable Farming Solutions, Malawi, for digital land-restoration stewardship.
The Agribusiness & Market Systems awards recognised BIID Foundation, Bangladesh, for e-Krishok; Tamil Nadu Agricultural University for the TNAU-FPO Linkage Programme; and the Nigerian Stored Products Research Institute for its Parabolic-Shaped Solar Dryer.
In Digital Agriculture, the awards went to the Department of Horticulture, Government of Andhra Pradesh, for the APMIP Digital Ecosystem, and the Agriculture, Farmers Welfare and Co-operation Department, Government of Gujarat, for Krushi Pragati.
The Livestock Improvement & Production Technologies category recognised WorldFish, Bangladesh, for its improved carp seed system and the International Livestock Research Institute (ILRI), Kenya, for the Participatory Indigenous Chicken Breed Improvement Program (PIC-BIP).
The Congress also presented 16 Best Poster Awards to students and research scholars, recognising emerging research and scientific talent in dryland agriculture.
Delhi Declaration Sets a Collaborative Roadmap
The conclusion of Dryland Congress 2026 marks a renewed push to make South-South cooperation a practical mechanism for addressing the challenges facing dryland agriculture.
The Delhi Declaration on Drylands places collaboration, evidence-based research, innovation, knowledge sharing and institutional partnerships at the centre of this agenda.
With climate variability, resource constraints and food-security pressures continuing to affect dryland regions, the Congress highlighted the importance of scaling technologies and practices that have already demonstrated results.
The event ultimately sought to move beyond the exchange of ideas towards implementation—connecting scientific institutions, governments, development organisations and farming communities to build more resilient, productive and sustainable dryland agri-food systems across the Global South.
14, Sep 2026
BRICS Pushes for Stronger Global Cooperation on Traditional Medicine
The 18th BRICS Summit has placed traditional, complementary and integrative medicine (TCIM) higher on the international health agenda, with the New Delhi Declaration calling for stronger cooperation, scientific research and evidence-based approaches to traditional healthcare systems.
A major outcome of the declaration is its support for the proposed creation of a BRICS Expert Working Group on Traditional, Complementary and Integrative Medicine under the BRICS Health Track. The proposed mechanism is expected to provide BRICS member countries with a structured platform to exchange knowledge, collaborate on research and develop common approaches to traditional medicine.
Union Minister of State (Independent Charge) for the Ministry of Ayush and Minister of State for Health & Family Welfare, Prataprao Jadhav, said the recognition of TCIM in the declaration represents an important step towards expanding international cooperation in traditional medicine.
He said the proposed expert group could enable member countries to share knowledge, strengthen research and promote evidence-based approaches. India, he added, would continue to advance Ayurveda and other traditional systems through scientific research, quality assurance and international partnerships.
Focus on Research and Medicinal Plants
The New Delhi Declaration places particular emphasis on collaborative research into medicinal plants and herbal preparations used for both preventive and therapeutic purposes.
It notes that the traditional pharmacopoeias of BRICS countries could provide a valuable foundation for developing safe, effective and affordable therapeutic products. Greater collaboration in this area could help countries improve documentation, generate scientific evidence and deepen understanding of medicinal resources.
Secretary of the Ministry of Ayush, Vaidya Rajesh Kotecha, said the declaration provides an opportunity to build more structured cooperation among BRICS nations on TCIM.
According to Kotecha, the proposed Expert Working Group could facilitate collaboration on research, evidence generation, quality standards and regulatory approaches. He said India’s Ayush ecosystem would contribute to the process by promoting rigorous research and evidence-informed practices.
Emphasis on Safety, Quality and Efficacy
The declaration also stresses that TCIM practices and products should meet appropriate standards of quality, safety and efficacy. It encourages evidence-informed approaches and regulatory frameworks that take into account the national circumstances of individual BRICS members.
The emphasis could pave the way for greater exchange of expertise in areas including research methodologies, pharmacopoeial standards, quality control, regulatory systems and scientific validation of traditional medicine.
For traditional medicine systems that have developed over generations, such cooperation could help bridge the gap between traditional knowledge and modern scientific validation while ensuring that new products and practices meet appropriate safety and quality benchmarks.
India’s BRICS Chairship Provides Momentum
The latest development follows the BRICS Meeting on Traditional, Complementary and Integrative Medicine held in Chandigarh on July 21, 2026, during India’s BRICS Chairship.
The meeting brought together government officials, technical specialists and representatives from BRICS member countries to discuss cooperation in areas including research, education, knowledge sharing and regulatory frameworks.
The participating countries also reached consensus on the Terms of Reference for the proposed BRICS Expert Working Group on TCIM, laying the groundwork for more institutionalised cooperation.
The proposed group could subsequently provide a platform connecting policymakers, researchers, academic institutions and technical experts across BRICS countries, potentially allowing cooperation to continue beyond individual meetings and initiatives.
Opportunity for Ayurveda and the Ayush Sector
For India, the declaration is particularly significant because it strengthens the international platform for Ayurveda and other Ayush systems.
India has increasingly focused on scientific research, evidence generation, standardisation, quality assurance and international collaboration as part of its efforts to promote traditional medicine globally. The BRICS framework provides another avenue for India to share its experience while learning from the traditional healthcare systems and research capabilities of other member countries.
The focus on medicinal plants and herbal preparations could also create opportunities for joint research, improved documentation and the development of scientifically validated and quality-assured therapeutic products.
Growing Global Attention to Traditional Medicine
The BRICS initiative comes at a time when traditional medicine is receiving greater attention internationally, particularly in discussions around accessible healthcare, prevention and the strengthening of health systems.
The WHO Global Traditional Medicine Strategy 2025–2034 places emphasis on strengthening the evidence base for traditional medicine, improving safety and quality, and supporting its appropriate integration into health systems.
Against this backdrop, the BRICS focus on TCIM represents more than a formal recognition of traditional healthcare practices. It points towards a model of international cooperation centred on research, scientific evidence, quality, safety and responsible integration.
A More Structured BRICS Health Cooperation Framework
The proposed Expert Working Group could bring together the diverse traditional medicine experience of BRICS countries and encourage collaboration across research, capacity building, knowledge exchange and regulatory practices.
The New Delhi Declaration therefore provides a framework for moving traditional medicine cooperation from dialogue towards more sustained institutional engagement.
For India, it also strengthens the international space for Ayurveda and the broader Ayush ecosystem to participate in global discussions on evidence-based traditional medicine, preventive healthcare and resilient health systems.
By placing TCIM within the BRICS Health Track and connecting it with objectives such as Universal Health Coverage, scientific research, evidence generation, quality, safety and efficacy, the declaration establishes a foundation for deeper cooperation among member countries in developing safe, effective and affordable healthcare solutions.
14, Sep 2026
Kia India Opens Pre-Bookings for Carens CNG, Carens Clavis CNG and Carnival Limousine Hybrid; Expands Powertrain Choice
Mumbai, 14 September 2026: Kia India, one of the country’s leading mass-premium automakers, announced the opening of pre-bookings for its Carens CNG, Carens Clavis CNG and Carnival Limousine Hybrid models, further expanding its multi-powertrain portfolio and offering customers greater choice across its product range.
Recently showcased at Kia Inspiration Day, the three offerings reinforce Kia India’s commitment to responding to evolving customer preferences through a diversified range of mobility solutions. The introduction of CNG options for the Carens and Carens Clavis, alongside a Hybrid powertrain for the Carnival Limousine, will enable customers to choose what best suits their individual mobility requirements.

The Carens and Carens Clavis CNG, based on G1.5 6MT, will feature a factory-fitted CNG kit with a 60-litre tank capacity, combining the practicality and versatility of Kia’s three-row models with an additional powertrain option. Both Carens CNG and Carens Clavis CNG variants also feature 16-inch wheels and 16-inch disc brakes, along with CNG-specific engine calibration and modified suspension. A CNG Fuel Change Switch and 4.2-inch Colour TFT MID with CNG DTE Logic further enhance the CNG experience, while a modified third-row Seat-Back Frame improves the recline angle for added passenger comfort in both models.
The Carens CNG will be available in Premium (O) G1.5 6MT, while the Carens Clavis CNG will be offered in HTE and HTE (O) G1.5 6MT. For B2B (business-to-business) and commercial mobility solutions, the Carens CNG will be available on M-Drive G1.5 6MT, while the Carens Clavis CNG will be available in HTM G1.5 6MT.
The Carnival Limousine Hybrid, based on G1.6T HEV 6AT, will be offered on the Limousine+ trim, bringing an electrified powertrain option to Kia’s premium MPV portfolio. The hybrid model offers premium comfort, space and convenience, complemented by 18-inch (45.72 cm) Crystal Cut Dual Tone Aero Alloy Wheels, Active Air Flaps (AAF) and Virtual Engine Sound System (VESS). It also features a Smart Pure Air Purifier with AQI Display, Retractable, Height-Adjustable Seat Back Tables with Wireless Charging, Monotone Ambient Lighting and Cup Holders, and Leatherette-Wrapped door trims.
With these new offerings, Kia India takes another step forward in its multi-powertrain approach, bringing Hybrid and factory-fitted CNG options to its portfolio in response to the diverse and evolving mobility needs of Indian customers.
Pre-bookings for Kia Carens CNG, Clavis CNG and Carnival Limousine Hybrid are now open through Kia India’s authorized dealer network. Prices for all three models will be announced soon.
14, Sep 2026
Shanghai Electric Secures First Overseas Heavy-Duty Gas Turbine Order for 500 MW Malaysian Project
SHANGHAI, Sept. 14, 2026 /PRNewswire/ — Shanghai Electric (SEHK: 02727, SSE: 601727) has achieved a milestone in the high-end overseas energy sector by securing the contract for Unit 3 of the Sarawak Samalaju Combined Cycle Gas Turbine (CCGT) Project in Malaysia. The win represents significant international recognition of Shanghai Electric’s heavy-duty gas turbine technology, underscoring the company’s growing competitiveness in the global gas turbine market.
Under the agreement, Shanghai Electric will deliver a full EPC turnkey solution for the gas-fired power plant, coupled with a 25-year long-term service agreement (LTSA) covering all major equipment. Notably, every core component—from gas turbines and steam turbines to generators, heat recovery steam generators, and air-cooled systems—will be manufactured in-house by Shanghai Electric, which will also serve as the sole provider of the long-term maintenance and service program. This integrated, end-to-end capability gives Shanghai Electric full life-cycle coverage, spanning equipment manufacturing, systems integration, and multi-decade operational support—a vertical model that brings the company on par with the established global leaders in the heavy-duty gas turbine sector.
Shanghai Electric’s current heavy-duty gas turbine lineup features two principal models, with output ratings of 300 MW and 78 MW, respectively. To date, the company has delivered 103 units, with total installed capacity from commissioned projects exceeding 21,000 MW. The units covered by Shanghai Electric’s long-term service and maintenance programs have accumulated more than 1.3 million operating hours. With robust production capacity available across both turbine classes, Shanghai Electric is positioned to offer new units for delivery as early as 2028. Beyond the Malaysian energy developer that awarded the current contract, project developers in Indonesia, Thailand, the Philippines, and Vietnam have also expressed strong interest in placing orders.
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13, Sep 2026
SUNMI Deepens Eurasia Partnership at the Belt and Road Summit
HONG KONG, Sept. 13, 2026 /PRNewswire/ — SUNMI Technology (06810.HK) announced on September 10, separate cooperation agreements with Türkiye-based fintech company TOKEN and Mongolia-based digital bank M bank at the 11th Belt and Road Summit in Hong Kong.
The agreements will bring together SUNMI’s commercial IoT and digital commerce capabilities with the partners’ local expertise, advancing collaboration across digital commerce, smart devices, payments, and digital financial services.
In Türkiye, SUNMI and TOKEN will explore digital commerce solutions for banks and offline merchants, combining SUNMI’s commercial IoT capabilities with TOKEN’s payment technology and local market expertise.
In Mongolia, SUNMI and M bank will combine commercial devices, digital technology and digital financial services to explore new digital solutions for small and medium-sized businesses.
“Hong Kong is a vital gateway connecting China with global markets,” said Sam, CMO of SUNMI. “Our collaboration with TOKEN and M bank brings SUNMI’s technology together with strong local partners. We look forward to working with more partners across Eurasia to make digitalization more accessible to businesses in every market.”
The agreements mark another step in SUNMI’s global ecosystem strategy. SUNMI will continue to work with local partners to connect smart devices, business software, payments and digital services, developing solutions that meet the needs of offline businesses in local markets.
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13, Sep 2026
PwC US and PwC India Form Joint Venture to Help Clients Grow and Compete at Greater Speed and Scale
Strategic combination brings together the breadth of PwC’s advisory talent and capabilities across India and the US into a single, integrated platform for global clients
NEW YORK, Sept. 13, 2026 /PRNewswire/ — PwC US and PwC India today announced a joint venture that brings together the full breadth of their advisory talent and capabilities across India and the US — uniting PwC India’s Consulting business and PwC US Advisory’s India-based capabilities into a single, integrated platform to serve clients in India, the US, and around the world.
India is increasingly central to how global companies grow and operate — as a significant and fast-growing market, a hub for Global Capability Centers, and a source of world-class talent and innovation. At the same time, clients are looking for deeper expertise, greater scale, and more seamless access to capabilities across markets. Rather than adding capacity in one place, the joint venture connects market relationships, industry expertise, and delivery into one team — so clients can access the right capabilities, wherever they sit.
“The firms that win will be the ones that stop thinking about markets, capabilities, and delivery as separate pieces. That’s what makes this combination so powerful,” said Paul Griggs, PwC US Senior Partner and CEO. “We’re bringing the full breadth of our advisory talent in India together with PwC US — one team with the relationships, expertise, and scale to deliver for our clients and the PwC network. This isn’t about where work gets done. It’s about building something clients can’t get anywhere else: the best of PwC, brought together around their biggest opportunities, wherever they operate.”
The combined platform spans the full spectrum of client needs — from strategy and transformation through technology, engineering, and AI. It brings together managed services at greater scale, expanding PwC’s ability to advise clients and to operate critical parts of their businesses. The platform is expected to more seamlessly support US-headquartered enterprises with Global Capability Centers in India, strengthen how PwC serves clients across major global trade flows, and create a stronger foundation for innovation as AI continues to reshape how work is delivered.
The joint venture also advances PwC’s broader ambition to build a more globally integrated consulting model, giving PwC firms around the world greater access to the combined talent and expertise of the new platform.
“Throughout our more than 150 years’ history in the country, we have been committed to the growth of India. Our Vision 2030 aligns our commitment to building a Viksit Bharat, and this joint venture is a step in that direction. For PwC India, this is a testimony to the tremendous journey of growth that we have been on over the last five years and our position of strength in the network. It is a matter of great pride for us that PwC India now has an opportunity to play a greater role in the success of our Global Network,” said Sanjeev Krishan, Chairperson of PwC India and the incoming CEO of the new joint venture. “This brings together strengths that used to sit in different places, allowing us to better serve clients across the world by combining the might of PwC’s global consulting capabilities with the best talent from India. It means our domestic clients gain access to best-in-class global capabilities, our multinational and GCC clients are served more seamlessly, and the capability and client perimeter for our partners and people go up, so they can take on a greater ambition than what we envisioned in Vision 2030. It also enables us to make greater investments in our people and in the value we can create for clients — in India and everywhere in the world they operate.”
The signing marks an important milestone and the beginning of the next phase. The transaction is expected to close in the first half of calendar year 2027, subject to closing conditions and regulatory approvals. Until then, PwC US and PwC India will continue to serve clients through their existing structures and ways of working. The financial terms of the agreement were not disclosed. The joint venture will be owned and governed by PwC US and PwC India.
About PwC
At PwC, we help clients build trust and reinvent so they can turn complexity into competitive advantage. We’re a tech-forward, people-empowered network with more than 364,000 people in 136 countries and 137 territories. Across audit and assurance, tax and legal, deals and consulting, we help clients build, accelerate, and sustain momentum. Find out more at www.pwc.com.
Contact
Ryan Cangialosi
ryan.a.cangialosi@pwc.com
Ruchi Mann
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13, Sep 2026
Modi, Xi Jinping Discuss India-China Ties, Border Peace and Economic Cooperation
New Delhi, September 13, 2026: Prime Minister Narendra Modi held a bilateral meeting with Chinese President Xi Jinping on the sidelines of the BRICS Summit in New Delhi, with the two leaders reviewing the trajectory of India-China relations and discussing steps to strengthen engagement between the two countries.
The meeting highlighted the steady improvement in bilateral ties since Modi and Xi last met in Tianjin in August 2025. Both leaders stressed the importance of viewing the relationship from a long-term and strategic perspective, while ensuring that differences between the two countries do not escalate into disputes.
Prime Minister Modi reiterated that India’s engagement with China should be guided by three principles — mutual respect, mutual sensitivity and mutual interest. He also emphasized that maintaining peace and stability along the border remains fundamental to the broader development of bilateral relations.

On the boundary question, Modi called for continued adherence to existing agreements and understandings. The two leaders agreed that efforts toward a fair, reasonable and mutually acceptable settlement of the boundary issue should take into account the larger political relationship between the two nations as well as the long-term interests of their peoples.
The discussions also touched upon growing people-to-people connections. Modi and Xi noted progress in bilateral contacts and emphasized the importance of expanding cultural exchanges, strengthening business-to-business links and facilitating greater movement between India and China.
Economic relations emerged as another important area of discussion. The leaders recognized the need to address concerns on both sides, particularly issues related to the structural trade imbalance and supply-chain resilience. They also highlighted the importance of creating more meaningful, predictable and mutually beneficial market access.
Beyond bilateral matters, Modi and Xi discussed the need for India and China to expand areas of convergence on regional and global issues. The leaders agreed that greater cooperation could help both countries respond more effectively to emerging international challenges.
The meeting comes as India seeks to further consolidate its role in multilateral forums while maintaining constructive engagement with major global partners. Both sides indicated support for continued dialogue and efforts to build greater stability and predictability in their relationship.
Prime Minister Modi also thanked China for its support for India’s BRICS chairship and acknowledged Beijing’s contribution to the successful conduct of the 2026 BRICS Summit in New Delhi.
The talks underline the continuing importance of sustained high-level dialogue between India and China as the two Asian powers seek to manage differences, strengthen areas of cooperation and build a more stable long-term bilateral relationship.
12, Sep 2026
POWERCON Group Deepens Leadership Bench with Ravindra Chauhan’s Appointment
Pune, 12th September 2026: POWERCON Group, a global leader in renewable energy asset creation and management, has appointed Ravindra Chauhan as Senior Management Officer– Business Development. The appointment reinforces POWERCON’s commercial leadership as it expands across India’s fast-growing renewable energy sector.
Ravindra brings 22 years of leadership experience in wind energy and engineering, spanning business development, strategic customer engagement, engineering services, and operations & maintenance. He has held senior roles at Suzlon, Senvion, and InoxWind, where he drove business growth and supported large-scale renewable energy portfolios.
In his new role, Ravindra will support POWERCON’s business development function, working closely with the leadership team to deepen customer relationships, identify new opportunities, and expand the company’s market presence.

“POWERCON Group has established itself as a trusted partner in the renewable energy industry, and I’m pleased to join the PowerTeam,” said Ravindra Chauhan, SMO – Business Development. “I look forward to bringing my experience to the table and helping deliver greater value to renewable energy asset owners.”
“We are pleased to welcome Ravindra to the POWERCON family,” said Manoj Sonawane, Chief Growth & Resolution Officer, POWERCON Group. “His deep experience and understanding of the renewable energy sector make him a valuable addition to our team.”
POWERCON is currently executing its full turnkey wind projects in Maharashtra and Karnataka, taking end-to-end ownership from concept and feasibility through design, engineering, procurement, construction, and commissioning. It marks a major step for the Group, extending its reach beyond project development to constructing and operating renewable energy assets across their full lifecycle.
12, Sep 2026
The World’s oldest trade body on Biologicals, the Hyderabad based BIPA calls for 25% reduction in Chemical Inputs through Biological Integration; Puts INR 40,000 crore savings potential on table
Hyderabad, Sept 12: The BioAgri Input Producers Association (BIPA), the world’s oldest trade body dedicated to agricultural biologicals, has called for a phased 25% reduction in chemical fertiliser and pesticide usage through the scientific integration of biological inputs, which it estimates could potentially save the national exchequer around ₹40,000 crore annually, besides reducing import dependence, lowering farm input costs, improving soil health and strengthening the competitiveness of Indian agricultural exports.
The proposal will be a key focus of the 6th Annual BioAgri Industry Summit – BIOAGRI 2026, to be held on October 7 and 8 at Ramoji Film City, Hyderabad, under the theme “Biological Intelligence & Smart Agriculture.” More than 250 delegates, 35 speakers and 50 exhibitors are expected to participate in the summit, which will bring together industry leaders, scientists, researchers, startups, policymakers and regulators.
BIPA Office Bearers Srinivas, Dr. John Peter, Dr. Venakatesh Devanur And Paharaju Laxminarayana Seen Unveiling The Summit Brochure
BIPA office bearers Dr. A. John Peter, President; Dr. Venkatesh Devanur, Secretary General; Praharaju Laxminarayana, Vice President; and C.H. V. Srinivas, Joint Treasurer, announced the summit and outlined the association’s priorities addressing a press conference in a city hotel in Necklace Road.
They put Biologicals as a complement to chemical agriculture. BIPA said biological inputs such as bio-fertilisers, bio-stimulants and bio-pesticides should not be seen merely as substitutes for chemical inputs, but should be scientifically integrated into the existing agricultural system.
According to the association, biological inputs can support nutrient availability, beneficial soil microorganisms and sustainable crop protection, thereby enabling farmers to progressively reduce their dependence on chemical inputs without compromising productivity when appropriately selected and used.
“India needs to move from a predominantly chemical-dependent agricultural model towards an integrated system in which biologicals and chemicals work together scientifically and responsibly. A phased 25% reduction in chemical fertiliser and pesticide usage can deliver significant economic, environmental and agricultural benefits,” said Dr. A. John Peter, President, BIPA.
India consumes around 35 million tonnes of urea annually, besides depending substantially on imported raw materials for DAP, potash and other fertilisers. With the annual fertiliser subsidy bill exceeding ₹1.75 lakh crore, BIPA believes that reducing chemical dependence could help contain subsidy expenditure and foreign exchange outflows.
BIPA has urged the Government, industry, research institutions and academia to jointly develop a national programme to improve soil organic carbon, which it considers fundamental to the long-term health and productivity of Indian soils.
The association said restoring soil biological activity should become an important component of India’s agricultural policy, with greater emphasis on sustainable nutrient management, microbial activity and improved soil resilience.
Dr. Venkatesh Devanur, Secretary General, BIPA, said the focus needs to move beyond short-term crop productivity to the restoration of the biological health of agricultural soils.
BIPA also stressed the growing importance of pesticide residue management in protecting India’s agricultural exports. Increasingly stringent Maximum Residue Limit (MRL) requirements in international markets are making residue management an important issue for Indian exporters.
“Food safety and residue standards are becoming increasingly stringent across global markets. Agricultural produce from India, including consignments exported to neighbouring countries such as Nepal, has also faced rejection. India cannot afford to lose valuable markets because of avoidable residue-related issues. Greater adoption of Integrated Pest Management and scientifically validated biological crop-protection solutions can contribute to a safer and more export-competitive agricultural system,” said Dr. Venkatesh Devanur.
As a follow-up to BIOAGRI 2026, BIPA plans to bring out a White Paper on “Integrating Biologicals into the Framework of Chemical Fertilisers and Pesticides.”
The White Paper will draw on scientific research, industry experience and stakeholder consultations to propose a practical roadmap for integrating biological inputs into mainstream agriculture. BIPA also intends to initiate discussions with the Government, industry, research institutions and academia towards a National Policy on Biological Input Integration, covering scientific protocols, research, innovation, responsible adoption and an enabling regulatory framework.
“The next Green Revolution could be biological,” said the BIPA office bearers, noting that agriculture worldwide is increasingly looking for ways to improve productivity while reducing its environmental footprint.
Praharaju Laxminarayana, Vice President, BIPA, said the global focus is increasingly on reducing pesticide residues and moving towards more sustainable agricultural practices. He pointed to Europe’s stated long-term goals for reducing chemical dependence and increasing organic and sustainable farming, adding that residue reduction in food is becoming a global priority.
BIOAGRI 2026 will examine how biological science, biotechnology, artificial intelligence, precision agriculture and smart farming technologies can work together to address the emerging challenges facing Indian agriculture.
A key attraction of the summit will be the BIPA Startup Challenge 2026, which will provide early-stage companies developing innovative solutions in biological agriculture an opportunity to present their technologies and business ideas before industry leaders, investors and researchers.
An exhibition featuring around 50 companies will also showcase products, technologies and services from across the biological agriculture ecosystem.
BIPA, which represents more than 100 industry members, promotes innovation, industry collaboration, regulatory excellence and the wider adoption of sustainable biological solutions in agriculture.
Responding to questions on the increasing incidence of cancer and perceptions linking it directly to excessive use of fertilisers, BIPA office bearers said that a direct causal relationship between fertiliser or pesticide use and cancer has not been scientifically established and should not be presumed without evidence.
They, however, acknowledged concerns over the increasing use of chemicals in the production of vegetables and stressed the need for responsible input use, residue management and scientifically validated agricultural practices.
BIPA also pointed to the distortion caused by subsidised fertiliser pricing. Urea is supplied to farmers at a heavily subsidised price of around ₹280 per bag, against a much higher market-linked price, and the association said the pricing structure can encourage excessive application.
“Fertiliser subsidies are important for farmers, but the present pricing differential can encourage indiscriminate use. There is a need to promote balanced and scientifically recommended nutrient application rather than excessive dependence on urea,” the BIPA representatives said.
Building on the BIOAGRI summits held from 2021 to 2025, BIOAGRI 2026 will provide a national platform for knowledge exchange, research, innovation, business partnerships and policy dialogue in biological agriculture.
The summit is expected to attract stakeholders from across India and further strengthen Hyderabad’s position as a destination for knowledge-led industry conferences and agricultural innovation.