NewzIntel.com

Category: Asia

  • MIL-OSI: Click Holdings Limited (CLIK) Secures Landmark HK$21.6 Million Government Contract with Major Hong Kong Postal Service Provider

    Source: GlobeNewswire (MIL-OSI)

    Hong Kong, July 14, 2025 (GLOBE NEWSWIRE) — Click Holdings Limited (“Click Holdings” or “Click” or “we” or “us”, NASDAQ: CLIK) and its subsidiaries (collectively, the “Company”), a leading human resources and senior care solutions provider based in Hong Kong, announced it has been recently awarded a three-year, HK$21.6 million contract by a prominent Hong Kong government-affiliated postal and courier service provider. The contract, marking Click’s first successful government tender, engages the Company to provide staffing solutions for warehouse operations near Hong Kong International Airport, supporting critical air courier logistics. With monthly billing of approximately HK$600,000, this agreement underscores Click’s growing recognition as a trusted partner in the public sector.

    This milestone reflects Click’s robust market position and the strength of its proprietary AI-powered HR platform, which connects over 300 vacancies with registered freelancers, daily. The Company’s talent pool continues to expand at a rate of over 40% annual growth rate annually, enabling efficient matching of skilled professionals with dynamic workforce needs. The contract with the postal service provider is projected to drive a 25% revenue increase for Click, establishing a stable income stream and reinforcing its strategic focus on securing government tenders.

    “We are honored to partner with a leading postal and courier service provider in Hong Kong in this landmark contract, which validates our innovative approach to staffing solutions,” said Jeffrey Chan, Chief Executive Officer of Click. “Our AI-driven platform not only streamlines workforce deployment but also positions us to meet the evolving demands of government and private sector clients. We anticipate further opportunities to serve public institutions, fostering sustainable growth for our business.”

    Click’s embrace of artificial intelligence extends beyond recruitment, enhancing operational efficiency across its services. By integrating AI into daily operations, the Company expects to optimize output while reducing reliance on permanent roles. This shift is poised to increase demand for short-term vacancies, aligning with Click’s expertise in connecting freelancers with flexible job opportunities. As a result, Click is well-positioned to capitalize on emerging market trends, delivering value to clients and stakeholders alike.

    About Click Holdings Limited (CLIK)

    Click Holdings Limited (NASDAQ: CLIK) is a Hong Kong-based leader in AI-powered human resources and senior care solutions. Through its proprietary platform, CLIK connects clients with a talent pool of over 20,500 professionals, serving nursing, logistics, and professional services sectors.

    For more information, please visit https://clicksc.com.hk.

    Safe Harbor Statement

    This press release contains forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC, which are available for review at www.sec.gov.

    For enquiry, please contact:

    Click Holdings Limited
    Unit 1709-11, 17/F
    Tower 2, The Gateway
    Harbour City, Kowloon
    Hong Kong
    Email: jack.wong@jfy.hk
    Phone: +852 2691 8200

    The MIL Network –

  • MIL-OSI: Quartus Capital Partners is Delighted to Announce the Final Closing of Quartus AI Fund LP with $50 Million Plus in Commitments

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 14, 2025 (GLOBE NEWSWIRE) — Quartus Capital Partners LLC is delighted to announce the final closing of Quartus AI Fund LP with $50 million plus in commitments. The firm attracted a diverse set of LPs, including endowments, foundations, RIAs and family offices.

    “This fund was built around one simple idea: the future of business and society will be defined by AI that works,” said Afzal M. Tarar, Founder and Managing Partner of Quartus. “We invest in growth-stage AI and technology ventures and scale them into market leaders of the future that drive innovation, performance and impact.”

    While fundraising, the Fund has deployed capital into a curated portfolio of 9 AI and technology ventures across sectors including healthcare, education, security and logistics. The Fund is benchmarked by Cambridge Associates and has been in the top quartile for net IRR and TVPI for most of the past 2 plus years.

    With the Fund’s final closing, the firm is turning its attention to deploying the remaining capital and harvesting the Fund.

    About Quartus Capital Partners
    Quartus Capital Partners LLC is an AI and technology investment firm with partner presence in New York City, Miami, Silicon Valley and Asia. The firm is led by AI pioneers, technologists, and seasoned operators.  It invests in growth-stage ventures and scales them into market leaders that drive innovation, performance, and impact.

    Media Contact:
    Afzal M. Tarar
    Founder and Managing Partner
    afzal@quartuscap.com

    The MIL Network –

  • MIL-OSI China: China expands trade network amid protectionism

    Source: People’s Republic of China – State Council News

    Facing unilateralism and protectionism, China has continued to broaden its global trade network in the first half of this year, said a China Customs official Monday. The country’s trade volume with Africa and Central Asia grew 14.4% and 13.8%, respectively.

    MIL OSI China News –

  • MIL-OSI Economics: RBI to conduct 3-day Variable Rate Reverse Repo (VRRR) auction under LAF on July 15, 2025

    Source: Reserve Bank of India

    On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on July 15, 2025, Tuesday, as under:

    Sl. No. Notified Amount
    (₹ crore)    		 Tenor
    (day)    		 Window Timing Date of Reversal
    1 1,00,000 3 10:00 AM to 10:30 AM July 18, 2025
    (Friday)

    2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.

    Ajit Prasad           
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/712

    MIL OSI Economics –

  • MIL-OSI Economics: RBI to conduct 3-day Variable Rate Reverse Repo (VRRR) auction under LAF on July 15, 2025

    Source: Reserve Bank of India

    On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on July 15, 2025, Tuesday, as under:

    Sl. No. Notified Amount
    (₹ crore)    		 Tenor
    (day)    		 Window Timing Date of Reversal
    1 1,00,000 3 10:00 AM to 10:30 AM July 18, 2025
    (Friday)

    2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.

    Ajit Prasad           
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/712

    MIL OSI Economics –

  • MIL-OSI Economics: RBI to conduct 3-day Variable Rate Reverse Repo (VRRR) auction under LAF on July 15, 2025

    Source: Reserve Bank of India

    On a review of the current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Reverse Repo (VRRR) auction on July 15, 2025, Tuesday, as under:

    Sl. No. Notified Amount
    (₹ crore)    		 Tenor
    (day)    		 Window Timing Date of Reversal
    1 1,00,000 3 10:00 AM to 10:30 AM July 18, 2025
    (Friday)

    2. The operational guidelines for the auction as given in the Reserve Bank’s Press Release 2019-2020/1947 dated February 13, 2020 will remain the same.

    Ajit Prasad           
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/712

    MIL OSI Economics –

  • Madhya Pradesh CM Courts UAE Investment During Dubai Visit, Secures Major Partnership Commitments

    Source: Government of India

    Source: Government of India (4)

    Madhya Pradesh Chief Minister Dr. Mohan Yadav, currently on a three-day visit to the UAE as part of his Dubai-Spain tour from July 13–19, is making strong headway in attracting international investments. His meetings with UAE officials and global investors have already yielded substantial commitments.

    On the second day of his Dubai visit, Dr. Yadav held in-depth talks with UAE Minister of State for Foreign Trade, Dr. Thani Bin Ahmed Al Zeyoudi, focusing on investment prospects under the India-UAE Comprehensive Economic Partnership Agreement (CEPA) and the I2U2 collaboration. He outlined Madhya Pradesh’s strengths, including its industrial infrastructure, supportive policies, and investor-friendly environment across sectors such as electric vehicles, textiles, pharmaceuticals, smart manufacturing, renewable energy, and food processing.

    Significant investment commitments have already been secured. Vinay Thadani, Director and CEO of Grew Solar, confirmed an existing investment of ₹3,000 crore in the state, with plans to scale it up to ₹10,000 crore, covering renewable energy, textiles, and other key sectors.

    Another key development came from Dr. Yadav’s meeting with Mukesh Vora, Chairman of the Jain International Trade Organisation (JITO). Both sides agreed to establish an MP-JITO investment platform in Dubai. The initiative will promote joint ventures in advanced manufacturing, logistics, and renewable energy, while also supporting skill development, MSME growth, and educational exchange.

    Highlighting the broad scope of his visit, the Chief Minister said, “We have been meeting with various stakeholders since morning, including embassy officials. We discussed how the Indian and MP governments can make doing business with foreign partners simpler.” He also mentioned plans to develop food parks, explore mining potential, and support industrial setups.

    Aviation also emerged as a focus area. Dr. Yadav noted efforts to boost flight connectivity and promote the state’s Air Ambulance service, with investor support under the Indian government’s guidance.

    Essa Sulaiman Ahmad, Emirates’ Senior Vice President for Commercial Operations, expressed strong interest in partnering with the state. “It was a terrific opportunity to meet the CM of Madhya Pradesh. Having been in India for seven years, I’ve seen the scale of investment and vision the CM brings,” he said.

    The Dubai leg of Dr. Yadav’s tour spans multiple sectors, including energy, health, services, and wellness. Particular investor interest has been noted in Madhya Pradesh’s mineral wealth, specifically gold, diamonds, and cement. The CM emphasized the state’s diverse offerings: mineral resources, tourism, healthcare, plug-and-play industrial parks, and air cargo facilities.

    The collaboration frameworks laid out during the visit are expected to deepen India-UAE ties while furthering the vision of a ‘Developed Madhya Pradesh.’ The Chief Minister’s targeted approach, through structured discussions with officials and direct engagement with investors, is positioning the state as a top destination for UAE and global investment.

    The visit began with Dr. Yadav’s address to the Indian diaspora on Sunday and continued with presentations to international investors, projecting Madhya Pradesh as one of India’s most investment-friendly and fastest-growing states.

  • Madhya Pradesh CM Courts UAE Investment During Dubai Visit, Secures Major Partnership Commitments

    Source: Government of India

    Source: Government of India (4)

    Madhya Pradesh Chief Minister Dr. Mohan Yadav, currently on a three-day visit to the UAE as part of his Dubai-Spain tour from July 13–19, is making strong headway in attracting international investments. His meetings with UAE officials and global investors have already yielded substantial commitments.

    On the second day of his Dubai visit, Dr. Yadav held in-depth talks with UAE Minister of State for Foreign Trade, Dr. Thani Bin Ahmed Al Zeyoudi, focusing on investment prospects under the India-UAE Comprehensive Economic Partnership Agreement (CEPA) and the I2U2 collaboration. He outlined Madhya Pradesh’s strengths, including its industrial infrastructure, supportive policies, and investor-friendly environment across sectors such as electric vehicles, textiles, pharmaceuticals, smart manufacturing, renewable energy, and food processing.

    Significant investment commitments have already been secured. Vinay Thadani, Director and CEO of Grew Solar, confirmed an existing investment of ₹3,000 crore in the state, with plans to scale it up to ₹10,000 crore, covering renewable energy, textiles, and other key sectors.

    Another key development came from Dr. Yadav’s meeting with Mukesh Vora, Chairman of the Jain International Trade Organisation (JITO). Both sides agreed to establish an MP-JITO investment platform in Dubai. The initiative will promote joint ventures in advanced manufacturing, logistics, and renewable energy, while also supporting skill development, MSME growth, and educational exchange.

    Highlighting the broad scope of his visit, the Chief Minister said, “We have been meeting with various stakeholders since morning, including embassy officials. We discussed how the Indian and MP governments can make doing business with foreign partners simpler.” He also mentioned plans to develop food parks, explore mining potential, and support industrial setups.

    Aviation also emerged as a focus area. Dr. Yadav noted efforts to boost flight connectivity and promote the state’s Air Ambulance service, with investor support under the Indian government’s guidance.

    Essa Sulaiman Ahmad, Emirates’ Senior Vice President for Commercial Operations, expressed strong interest in partnering with the state. “It was a terrific opportunity to meet the CM of Madhya Pradesh. Having been in India for seven years, I’ve seen the scale of investment and vision the CM brings,” he said.

    The Dubai leg of Dr. Yadav’s tour spans multiple sectors, including energy, health, services, and wellness. Particular investor interest has been noted in Madhya Pradesh’s mineral wealth, specifically gold, diamonds, and cement. The CM emphasized the state’s diverse offerings: mineral resources, tourism, healthcare, plug-and-play industrial parks, and air cargo facilities.

    The collaboration frameworks laid out during the visit are expected to deepen India-UAE ties while furthering the vision of a ‘Developed Madhya Pradesh.’ The Chief Minister’s targeted approach, through structured discussions with officials and direct engagement with investors, is positioning the state as a top destination for UAE and global investment.

    The visit began with Dr. Yadav’s address to the Indian diaspora on Sunday and continued with presentations to international investors, projecting Madhya Pradesh as one of India’s most investment-friendly and fastest-growing states.

  • Madhya Pradesh CM Courts UAE Investment During Dubai Visit, Secures Major Partnership Commitments

    Source: Government of India

    Source: Government of India (4)

    Madhya Pradesh Chief Minister Dr. Mohan Yadav, currently on a three-day visit to the UAE as part of his Dubai-Spain tour from July 13–19, is making strong headway in attracting international investments. His meetings with UAE officials and global investors have already yielded substantial commitments.

    On the second day of his Dubai visit, Dr. Yadav held in-depth talks with UAE Minister of State for Foreign Trade, Dr. Thani Bin Ahmed Al Zeyoudi, focusing on investment prospects under the India-UAE Comprehensive Economic Partnership Agreement (CEPA) and the I2U2 collaboration. He outlined Madhya Pradesh’s strengths, including its industrial infrastructure, supportive policies, and investor-friendly environment across sectors such as electric vehicles, textiles, pharmaceuticals, smart manufacturing, renewable energy, and food processing.

    Significant investment commitments have already been secured. Vinay Thadani, Director and CEO of Grew Solar, confirmed an existing investment of ₹3,000 crore in the state, with plans to scale it up to ₹10,000 crore, covering renewable energy, textiles, and other key sectors.

    Another key development came from Dr. Yadav’s meeting with Mukesh Vora, Chairman of the Jain International Trade Organisation (JITO). Both sides agreed to establish an MP-JITO investment platform in Dubai. The initiative will promote joint ventures in advanced manufacturing, logistics, and renewable energy, while also supporting skill development, MSME growth, and educational exchange.

    Highlighting the broad scope of his visit, the Chief Minister said, “We have been meeting with various stakeholders since morning, including embassy officials. We discussed how the Indian and MP governments can make doing business with foreign partners simpler.” He also mentioned plans to develop food parks, explore mining potential, and support industrial setups.

    Aviation also emerged as a focus area. Dr. Yadav noted efforts to boost flight connectivity and promote the state’s Air Ambulance service, with investor support under the Indian government’s guidance.

    Essa Sulaiman Ahmad, Emirates’ Senior Vice President for Commercial Operations, expressed strong interest in partnering with the state. “It was a terrific opportunity to meet the CM of Madhya Pradesh. Having been in India for seven years, I’ve seen the scale of investment and vision the CM brings,” he said.

    The Dubai leg of Dr. Yadav’s tour spans multiple sectors, including energy, health, services, and wellness. Particular investor interest has been noted in Madhya Pradesh’s mineral wealth, specifically gold, diamonds, and cement. The CM emphasized the state’s diverse offerings: mineral resources, tourism, healthcare, plug-and-play industrial parks, and air cargo facilities.

    The collaboration frameworks laid out during the visit are expected to deepen India-UAE ties while furthering the vision of a ‘Developed Madhya Pradesh.’ The Chief Minister’s targeted approach, through structured discussions with officials and direct engagement with investors, is positioning the state as a top destination for UAE and global investment.

    The visit began with Dr. Yadav’s address to the Indian diaspora on Sunday and continued with presentations to international investors, projecting Madhya Pradesh as one of India’s most investment-friendly and fastest-growing states.

  • Madhya Pradesh CM Courts UAE Investment During Dubai Visit, Secures Major Partnership Commitments

    Source: Government of India

    Source: Government of India (4)

    Madhya Pradesh Chief Minister Dr. Mohan Yadav, currently on a three-day visit to the UAE as part of his Dubai-Spain tour from July 13–19, is making strong headway in attracting international investments. His meetings with UAE officials and global investors have already yielded substantial commitments.

    On the second day of his Dubai visit, Dr. Yadav held in-depth talks with UAE Minister of State for Foreign Trade, Dr. Thani Bin Ahmed Al Zeyoudi, focusing on investment prospects under the India-UAE Comprehensive Economic Partnership Agreement (CEPA) and the I2U2 collaboration. He outlined Madhya Pradesh’s strengths, including its industrial infrastructure, supportive policies, and investor-friendly environment across sectors such as electric vehicles, textiles, pharmaceuticals, smart manufacturing, renewable energy, and food processing.

    Significant investment commitments have already been secured. Vinay Thadani, Director and CEO of Grew Solar, confirmed an existing investment of ₹3,000 crore in the state, with plans to scale it up to ₹10,000 crore, covering renewable energy, textiles, and other key sectors.

    Another key development came from Dr. Yadav’s meeting with Mukesh Vora, Chairman of the Jain International Trade Organisation (JITO). Both sides agreed to establish an MP-JITO investment platform in Dubai. The initiative will promote joint ventures in advanced manufacturing, logistics, and renewable energy, while also supporting skill development, MSME growth, and educational exchange.

    Highlighting the broad scope of his visit, the Chief Minister said, “We have been meeting with various stakeholders since morning, including embassy officials. We discussed how the Indian and MP governments can make doing business with foreign partners simpler.” He also mentioned plans to develop food parks, explore mining potential, and support industrial setups.

    Aviation also emerged as a focus area. Dr. Yadav noted efforts to boost flight connectivity and promote the state’s Air Ambulance service, with investor support under the Indian government’s guidance.

    Essa Sulaiman Ahmad, Emirates’ Senior Vice President for Commercial Operations, expressed strong interest in partnering with the state. “It was a terrific opportunity to meet the CM of Madhya Pradesh. Having been in India for seven years, I’ve seen the scale of investment and vision the CM brings,” he said.

    The Dubai leg of Dr. Yadav’s tour spans multiple sectors, including energy, health, services, and wellness. Particular investor interest has been noted in Madhya Pradesh’s mineral wealth, specifically gold, diamonds, and cement. The CM emphasized the state’s diverse offerings: mineral resources, tourism, healthcare, plug-and-play industrial parks, and air cargo facilities.

    The collaboration frameworks laid out during the visit are expected to deepen India-UAE ties while furthering the vision of a ‘Developed Madhya Pradesh.’ The Chief Minister’s targeted approach, through structured discussions with officials and direct engagement with investors, is positioning the state as a top destination for UAE and global investment.

    The visit began with Dr. Yadav’s address to the Indian diaspora on Sunday and continued with presentations to international investors, projecting Madhya Pradesh as one of India’s most investment-friendly and fastest-growing states.

  • Madhya Pradesh CM Courts UAE Investment During Dubai Visit, Secures Major Partnership Commitments

    Source: Government of India

    Source: Government of India (4)

    Madhya Pradesh Chief Minister Dr. Mohan Yadav, currently on a three-day visit to the UAE as part of his Dubai-Spain tour from July 13–19, is making strong headway in attracting international investments. His meetings with UAE officials and global investors have already yielded substantial commitments.

    On the second day of his Dubai visit, Dr. Yadav held in-depth talks with UAE Minister of State for Foreign Trade, Dr. Thani Bin Ahmed Al Zeyoudi, focusing on investment prospects under the India-UAE Comprehensive Economic Partnership Agreement (CEPA) and the I2U2 collaboration. He outlined Madhya Pradesh’s strengths, including its industrial infrastructure, supportive policies, and investor-friendly environment across sectors such as electric vehicles, textiles, pharmaceuticals, smart manufacturing, renewable energy, and food processing.

    Significant investment commitments have already been secured. Vinay Thadani, Director and CEO of Grew Solar, confirmed an existing investment of ₹3,000 crore in the state, with plans to scale it up to ₹10,000 crore, covering renewable energy, textiles, and other key sectors.

    Another key development came from Dr. Yadav’s meeting with Mukesh Vora, Chairman of the Jain International Trade Organisation (JITO). Both sides agreed to establish an MP-JITO investment platform in Dubai. The initiative will promote joint ventures in advanced manufacturing, logistics, and renewable energy, while also supporting skill development, MSME growth, and educational exchange.

    Highlighting the broad scope of his visit, the Chief Minister said, “We have been meeting with various stakeholders since morning, including embassy officials. We discussed how the Indian and MP governments can make doing business with foreign partners simpler.” He also mentioned plans to develop food parks, explore mining potential, and support industrial setups.

    Aviation also emerged as a focus area. Dr. Yadav noted efforts to boost flight connectivity and promote the state’s Air Ambulance service, with investor support under the Indian government’s guidance.

    Essa Sulaiman Ahmad, Emirates’ Senior Vice President for Commercial Operations, expressed strong interest in partnering with the state. “It was a terrific opportunity to meet the CM of Madhya Pradesh. Having been in India for seven years, I’ve seen the scale of investment and vision the CM brings,” he said.

    The Dubai leg of Dr. Yadav’s tour spans multiple sectors, including energy, health, services, and wellness. Particular investor interest has been noted in Madhya Pradesh’s mineral wealth, specifically gold, diamonds, and cement. The CM emphasized the state’s diverse offerings: mineral resources, tourism, healthcare, plug-and-play industrial parks, and air cargo facilities.

    The collaboration frameworks laid out during the visit are expected to deepen India-UAE ties while furthering the vision of a ‘Developed Madhya Pradesh.’ The Chief Minister’s targeted approach, through structured discussions with officials and direct engagement with investors, is positioning the state as a top destination for UAE and global investment.

    The visit began with Dr. Yadav’s address to the Indian diaspora on Sunday and continued with presentations to international investors, projecting Madhya Pradesh as one of India’s most investment-friendly and fastest-growing states.

  • Madhya Pradesh CM Courts UAE Investment During Dubai Visit, Secures Major Partnership Commitments

    Source: Government of India

    Source: Government of India (4)

    Madhya Pradesh Chief Minister Dr. Mohan Yadav, currently on a three-day visit to the UAE as part of his Dubai-Spain tour from July 13–19, is making strong headway in attracting international investments. His meetings with UAE officials and global investors have already yielded substantial commitments.

    On the second day of his Dubai visit, Dr. Yadav held in-depth talks with UAE Minister of State for Foreign Trade, Dr. Thani Bin Ahmed Al Zeyoudi, focusing on investment prospects under the India-UAE Comprehensive Economic Partnership Agreement (CEPA) and the I2U2 collaboration. He outlined Madhya Pradesh’s strengths, including its industrial infrastructure, supportive policies, and investor-friendly environment across sectors such as electric vehicles, textiles, pharmaceuticals, smart manufacturing, renewable energy, and food processing.

    Significant investment commitments have already been secured. Vinay Thadani, Director and CEO of Grew Solar, confirmed an existing investment of ₹3,000 crore in the state, with plans to scale it up to ₹10,000 crore, covering renewable energy, textiles, and other key sectors.

    Another key development came from Dr. Yadav’s meeting with Mukesh Vora, Chairman of the Jain International Trade Organisation (JITO). Both sides agreed to establish an MP-JITO investment platform in Dubai. The initiative will promote joint ventures in advanced manufacturing, logistics, and renewable energy, while also supporting skill development, MSME growth, and educational exchange.

    Highlighting the broad scope of his visit, the Chief Minister said, “We have been meeting with various stakeholders since morning, including embassy officials. We discussed how the Indian and MP governments can make doing business with foreign partners simpler.” He also mentioned plans to develop food parks, explore mining potential, and support industrial setups.

    Aviation also emerged as a focus area. Dr. Yadav noted efforts to boost flight connectivity and promote the state’s Air Ambulance service, with investor support under the Indian government’s guidance.

    Essa Sulaiman Ahmad, Emirates’ Senior Vice President for Commercial Operations, expressed strong interest in partnering with the state. “It was a terrific opportunity to meet the CM of Madhya Pradesh. Having been in India for seven years, I’ve seen the scale of investment and vision the CM brings,” he said.

    The Dubai leg of Dr. Yadav’s tour spans multiple sectors, including energy, health, services, and wellness. Particular investor interest has been noted in Madhya Pradesh’s mineral wealth, specifically gold, diamonds, and cement. The CM emphasized the state’s diverse offerings: mineral resources, tourism, healthcare, plug-and-play industrial parks, and air cargo facilities.

    The collaboration frameworks laid out during the visit are expected to deepen India-UAE ties while furthering the vision of a ‘Developed Madhya Pradesh.’ The Chief Minister’s targeted approach, through structured discussions with officials and direct engagement with investors, is positioning the state as a top destination for UAE and global investment.

    The visit began with Dr. Yadav’s address to the Indian diaspora on Sunday and continued with presentations to international investors, projecting Madhya Pradesh as one of India’s most investment-friendly and fastest-growing states.

  • Madhya Pradesh CM Courts UAE Investment During Dubai Visit, Secures Major Partnership Commitments

    Source: Government of India

    Source: Government of India (4)

    Madhya Pradesh Chief Minister Dr. Mohan Yadav, currently on a three-day visit to the UAE as part of his Dubai-Spain tour from July 13–19, is making strong headway in attracting international investments. His meetings with UAE officials and global investors have already yielded substantial commitments.

    On the second day of his Dubai visit, Dr. Yadav held in-depth talks with UAE Minister of State for Foreign Trade, Dr. Thani Bin Ahmed Al Zeyoudi, focusing on investment prospects under the India-UAE Comprehensive Economic Partnership Agreement (CEPA) and the I2U2 collaboration. He outlined Madhya Pradesh’s strengths, including its industrial infrastructure, supportive policies, and investor-friendly environment across sectors such as electric vehicles, textiles, pharmaceuticals, smart manufacturing, renewable energy, and food processing.

    Significant investment commitments have already been secured. Vinay Thadani, Director and CEO of Grew Solar, confirmed an existing investment of ₹3,000 crore in the state, with plans to scale it up to ₹10,000 crore, covering renewable energy, textiles, and other key sectors.

    Another key development came from Dr. Yadav’s meeting with Mukesh Vora, Chairman of the Jain International Trade Organisation (JITO). Both sides agreed to establish an MP-JITO investment platform in Dubai. The initiative will promote joint ventures in advanced manufacturing, logistics, and renewable energy, while also supporting skill development, MSME growth, and educational exchange.

    Highlighting the broad scope of his visit, the Chief Minister said, “We have been meeting with various stakeholders since morning, including embassy officials. We discussed how the Indian and MP governments can make doing business with foreign partners simpler.” He also mentioned plans to develop food parks, explore mining potential, and support industrial setups.

    Aviation also emerged as a focus area. Dr. Yadav noted efforts to boost flight connectivity and promote the state’s Air Ambulance service, with investor support under the Indian government’s guidance.

    Essa Sulaiman Ahmad, Emirates’ Senior Vice President for Commercial Operations, expressed strong interest in partnering with the state. “It was a terrific opportunity to meet the CM of Madhya Pradesh. Having been in India for seven years, I’ve seen the scale of investment and vision the CM brings,” he said.

    The Dubai leg of Dr. Yadav’s tour spans multiple sectors, including energy, health, services, and wellness. Particular investor interest has been noted in Madhya Pradesh’s mineral wealth, specifically gold, diamonds, and cement. The CM emphasized the state’s diverse offerings: mineral resources, tourism, healthcare, plug-and-play industrial parks, and air cargo facilities.

    The collaboration frameworks laid out during the visit are expected to deepen India-UAE ties while furthering the vision of a ‘Developed Madhya Pradesh.’ The Chief Minister’s targeted approach, through structured discussions with officials and direct engagement with investors, is positioning the state as a top destination for UAE and global investment.

    The visit began with Dr. Yadav’s address to the Indian diaspora on Sunday and continued with presentations to international investors, projecting Madhya Pradesh as one of India’s most investment-friendly and fastest-growing states.

  • First section of bullet train’s undersea tunnel opens in Maharashtra

    Source: Government of India

    Source: Government of India (4)

    In a major boost to India’s first high-speed rail project, the construction of the first section of the 21 km undersea tunnel between Bandra-Kurla Complex (BKC) and Thane has been successfully completed. This undersea tunnel is part of the ambitious Mumbai–Ahmedabad Bullet Train project, which is being built in collaboration with Japan using advanced Shinkansen technology.

    According to the latest update from the Ministry of Railways, civil construction across the 508 km corridor is progressing rapidly. So far, 310 km of viaducts have been constructed, alongside the completion of 15 major river bridges, while work on four more bridges is at an advanced stage. Of the planned 12 stations along the route, five have already been completed and three more are nearing completion.

    One of the engineering highlights of the project is the Mumbai terminus at Bandra Kurla Complex (BKC). This station will be located 32.5 metres below ground level and has been designed with a robust foundation capable of supporting a 95-metre high building above ground, showcasing cutting-edge construction capabilities.

    In a major boost to India-Japan technological cooperation, the Japanese government has confirmed that the next-generation E10 Shinkansen trains will be deployed on the Mumbai–Ahmedabad corridor. Notably, these trains will debut simultaneously in Japan and India, underlining the depth of the strategic partnership between the two countries.

    The entire bullet train corridor is being built using state-of-the-art Shinkansen technology, which is globally recognised for its exceptional speed, safety and reliability standards. This project aims to redefine India’s passenger rail experience and set new benchmarks for infrastructure development in the country.

    Track laying, installation of overhead electrical wires, and procurement of operational systems are also progressing in parallel, ensuring that the project stays on schedule.

  • MIL-OSI Europe: EU and Indonesia agree to new economic partnership

    Source: European Union 2

    A new Comprehensive Economic Partnership Agreement (CEPA) has been agreed on between the EU and Indonesia. The agreement will promote trade and investment, foster inclusive and sustainable growth, and strengthen supply chains. CEPA will also support cooperation on critical raw materials.

    MIL OSI Europe News –

  • MIL-OSI China: China’s economic development zones aim for greater role in reform, opening up

    Source: People’s Republic of China – State Council News

    BEIJING, July 14 — During the initial years of China’s historic journey of reform and opening up over four decades ago, the first 14 national-level economic and technological development zones were established in 12 coastal cities. Today, there is a vast network of 232 such zones right across the country, serving as vital engines of development.

    In the latest episode of China Economic Roundtable, an all-media talk show hosted by Xinhua News Agency, a commerce official, a zone administrator and an executive of a foreign-invested company convened to explore the evolving role of these zones in shaping China’s next phase of high-standard opening up, in-depth reform and high-quality development.

    National economic development zones are not only economic powerhouses but also key windows for global engagement, said Ji Xiaofeng, an official in the Ministry of Commerce’s foreign investment department.

    Notably, such zones are home to more than 60,000 foreign-invested enterprises and around 99,000 firms engaged in foreign trade.

    In 2024 alone, national economic development zones accounted for about one-quarter of China’s utilized foreign investment and trade volume. Collectively, they generated a regional GDP of 16.9 trillion yuan (about 2.36 trillion U.S. dollars) and housed over 4.9 million market entities, including 73,000 major industrial enterprises and 85,000 high-tech firms.

    Looking forward, Ji said these zones need to further improve and innovate in areas ranging from development positioning to institutions in a bid to shoulder greater responsibilities in fostering development and expanding opening up.

    To this end, the Ministry of Commerce recently unveiled a work plan with 16 targeted policy measures including developing new quality productive forces, elevating economic openness and deepening reforms of management systems.

    INNOVATION-DRIVEN DEVELOPMENT

    China’s national economic development zones have started to speed up their innovation efforts, seeking to foster new growth drivers.

    Suzhou Industrial Park, founded in 1994 in east China’s Jiangsu Province as the first inter-governmental cooperation project between China and Singapore, exemplifies this development trend. This industrial park leverages global partnerships and its free trade status in a quest to become a world-class high-tech park.

    Shen Lei, deputy director of the park’s management committee, highlighted its focus on attracting global resources and integrating technological and industrial innovation.

    National economic development zones now account for 18.3 percent of China’s high-tech enterprises and host more than 700 state-level incubators and innovation spaces.

    “They boast high industrial concentration and solid manufacturing foundations, making them ideal for developing new quality productive forces tailored to local strengths,” Ji said.

    These zones have become powerhouses for strategic emerging industries. In southwest China’s Sichuan Province, for example, the Yibin zone has built the world’s largest single-site power battery production base featuring a 180 GWh capacity. Another zone in northwest China’s Shaanxi Province, meanwhile, boasts complete industrial chains from aviation equipment to satellite applications.

    More efforts will be made to cultivate modern industrial systems in national economic development zones, centered around sectors such as biomedicine, new energy and materials, aerospace, high-end equipment manufacturing and artificial intelligence (AI), Ji revealed.

    PIONEERS OF OPENING UP

    Over the past decades, national economic development zones have been trailblazers in institutional innovation, foreign investment and economic growth, setting the pace for China’s reform and opening-up endeavors.

    These zones have explored free trade pilot synergies to foster breakthroughs in areas including resource flows, rights protection and market regulation. Some have also proactively aligned with high-standard international trade rules to enhance their institutional openness, Ji said.

    “The strategic location, industrial chains and policy support of these zones make them highly attractive for Panasonic to make investments in China,” said Zhao Bingdi, president of Panasonic China.

    A 47-year veteran of the Chinese market, Panasonic operates in national economic development zones of eight cities like Beijing, north China’s Tianjin and Shanghai. Its 2024 fiscal year sales in China approached 100 billion yuan — nearly a quarter of Panasonic’s global revenue.

    “China is not just a manufacturing giant but a major consumer and innovation hub, offering vast opportunities for foreign firms,” said Zhao. He added that recent policies supporting technological platforms and the integration between the digital economy and the real economy will facilitate Panasonic’s investments in areas ranging from AI to new energy.

    Experts noted that the latest reform measures concerning China’s national economic development zones will provide foreign firms with a higher-level platform, thereby encouraging increased R&D investment and deeper collaboration with local enterprises. Thanks to improving industrial ecosystems, global companies will be able to seize greater opportunities in China’s vibrant market.

    MIL OSI China News –

  • MIL-OSI China: China’s economic development zones aim for greater role in reform, opening up

    Source: People’s Republic of China – State Council News

    BEIJING, July 14 — During the initial years of China’s historic journey of reform and opening up over four decades ago, the first 14 national-level economic and technological development zones were established in 12 coastal cities. Today, there is a vast network of 232 such zones right across the country, serving as vital engines of development.

    In the latest episode of China Economic Roundtable, an all-media talk show hosted by Xinhua News Agency, a commerce official, a zone administrator and an executive of a foreign-invested company convened to explore the evolving role of these zones in shaping China’s next phase of high-standard opening up, in-depth reform and high-quality development.

    National economic development zones are not only economic powerhouses but also key windows for global engagement, said Ji Xiaofeng, an official in the Ministry of Commerce’s foreign investment department.

    Notably, such zones are home to more than 60,000 foreign-invested enterprises and around 99,000 firms engaged in foreign trade.

    In 2024 alone, national economic development zones accounted for about one-quarter of China’s utilized foreign investment and trade volume. Collectively, they generated a regional GDP of 16.9 trillion yuan (about 2.36 trillion U.S. dollars) and housed over 4.9 million market entities, including 73,000 major industrial enterprises and 85,000 high-tech firms.

    Looking forward, Ji said these zones need to further improve and innovate in areas ranging from development positioning to institutions in a bid to shoulder greater responsibilities in fostering development and expanding opening up.

    To this end, the Ministry of Commerce recently unveiled a work plan with 16 targeted policy measures including developing new quality productive forces, elevating economic openness and deepening reforms of management systems.

    INNOVATION-DRIVEN DEVELOPMENT

    China’s national economic development zones have started to speed up their innovation efforts, seeking to foster new growth drivers.

    Suzhou Industrial Park, founded in 1994 in east China’s Jiangsu Province as the first inter-governmental cooperation project between China and Singapore, exemplifies this development trend. This industrial park leverages global partnerships and its free trade status in a quest to become a world-class high-tech park.

    Shen Lei, deputy director of the park’s management committee, highlighted its focus on attracting global resources and integrating technological and industrial innovation.

    National economic development zones now account for 18.3 percent of China’s high-tech enterprises and host more than 700 state-level incubators and innovation spaces.

    “They boast high industrial concentration and solid manufacturing foundations, making them ideal for developing new quality productive forces tailored to local strengths,” Ji said.

    These zones have become powerhouses for strategic emerging industries. In southwest China’s Sichuan Province, for example, the Yibin zone has built the world’s largest single-site power battery production base featuring a 180 GWh capacity. Another zone in northwest China’s Shaanxi Province, meanwhile, boasts complete industrial chains from aviation equipment to satellite applications.

    More efforts will be made to cultivate modern industrial systems in national economic development zones, centered around sectors such as biomedicine, new energy and materials, aerospace, high-end equipment manufacturing and artificial intelligence (AI), Ji revealed.

    PIONEERS OF OPENING UP

    Over the past decades, national economic development zones have been trailblazers in institutional innovation, foreign investment and economic growth, setting the pace for China’s reform and opening-up endeavors.

    These zones have explored free trade pilot synergies to foster breakthroughs in areas including resource flows, rights protection and market regulation. Some have also proactively aligned with high-standard international trade rules to enhance their institutional openness, Ji said.

    “The strategic location, industrial chains and policy support of these zones make them highly attractive for Panasonic to make investments in China,” said Zhao Bingdi, president of Panasonic China.

    A 47-year veteran of the Chinese market, Panasonic operates in national economic development zones of eight cities like Beijing, north China’s Tianjin and Shanghai. Its 2024 fiscal year sales in China approached 100 billion yuan — nearly a quarter of Panasonic’s global revenue.

    “China is not just a manufacturing giant but a major consumer and innovation hub, offering vast opportunities for foreign firms,” said Zhao. He added that recent policies supporting technological platforms and the integration between the digital economy and the real economy will facilitate Panasonic’s investments in areas ranging from AI to new energy.

    Experts noted that the latest reform measures concerning China’s national economic development zones will provide foreign firms with a higher-level platform, thereby encouraging increased R&D investment and deeper collaboration with local enterprises. Thanks to improving industrial ecosystems, global companies will be able to seize greater opportunities in China’s vibrant market.

    MIL OSI China News –

  • MIL-OSI China: China’s economic development zones aim for greater role in reform, opening up

    Source: People’s Republic of China – State Council News

    BEIJING, July 14 — During the initial years of China’s historic journey of reform and opening up over four decades ago, the first 14 national-level economic and technological development zones were established in 12 coastal cities. Today, there is a vast network of 232 such zones right across the country, serving as vital engines of development.

    In the latest episode of China Economic Roundtable, an all-media talk show hosted by Xinhua News Agency, a commerce official, a zone administrator and an executive of a foreign-invested company convened to explore the evolving role of these zones in shaping China’s next phase of high-standard opening up, in-depth reform and high-quality development.

    National economic development zones are not only economic powerhouses but also key windows for global engagement, said Ji Xiaofeng, an official in the Ministry of Commerce’s foreign investment department.

    Notably, such zones are home to more than 60,000 foreign-invested enterprises and around 99,000 firms engaged in foreign trade.

    In 2024 alone, national economic development zones accounted for about one-quarter of China’s utilized foreign investment and trade volume. Collectively, they generated a regional GDP of 16.9 trillion yuan (about 2.36 trillion U.S. dollars) and housed over 4.9 million market entities, including 73,000 major industrial enterprises and 85,000 high-tech firms.

    Looking forward, Ji said these zones need to further improve and innovate in areas ranging from development positioning to institutions in a bid to shoulder greater responsibilities in fostering development and expanding opening up.

    To this end, the Ministry of Commerce recently unveiled a work plan with 16 targeted policy measures including developing new quality productive forces, elevating economic openness and deepening reforms of management systems.

    INNOVATION-DRIVEN DEVELOPMENT

    China’s national economic development zones have started to speed up their innovation efforts, seeking to foster new growth drivers.

    Suzhou Industrial Park, founded in 1994 in east China’s Jiangsu Province as the first inter-governmental cooperation project between China and Singapore, exemplifies this development trend. This industrial park leverages global partnerships and its free trade status in a quest to become a world-class high-tech park.

    Shen Lei, deputy director of the park’s management committee, highlighted its focus on attracting global resources and integrating technological and industrial innovation.

    National economic development zones now account for 18.3 percent of China’s high-tech enterprises and host more than 700 state-level incubators and innovation spaces.

    “They boast high industrial concentration and solid manufacturing foundations, making them ideal for developing new quality productive forces tailored to local strengths,” Ji said.

    These zones have become powerhouses for strategic emerging industries. In southwest China’s Sichuan Province, for example, the Yibin zone has built the world’s largest single-site power battery production base featuring a 180 GWh capacity. Another zone in northwest China’s Shaanxi Province, meanwhile, boasts complete industrial chains from aviation equipment to satellite applications.

    More efforts will be made to cultivate modern industrial systems in national economic development zones, centered around sectors such as biomedicine, new energy and materials, aerospace, high-end equipment manufacturing and artificial intelligence (AI), Ji revealed.

    PIONEERS OF OPENING UP

    Over the past decades, national economic development zones have been trailblazers in institutional innovation, foreign investment and economic growth, setting the pace for China’s reform and opening-up endeavors.

    These zones have explored free trade pilot synergies to foster breakthroughs in areas including resource flows, rights protection and market regulation. Some have also proactively aligned with high-standard international trade rules to enhance their institutional openness, Ji said.

    “The strategic location, industrial chains and policy support of these zones make them highly attractive for Panasonic to make investments in China,” said Zhao Bingdi, president of Panasonic China.

    A 47-year veteran of the Chinese market, Panasonic operates in national economic development zones of eight cities like Beijing, north China’s Tianjin and Shanghai. Its 2024 fiscal year sales in China approached 100 billion yuan — nearly a quarter of Panasonic’s global revenue.

    “China is not just a manufacturing giant but a major consumer and innovation hub, offering vast opportunities for foreign firms,” said Zhao. He added that recent policies supporting technological platforms and the integration between the digital economy and the real economy will facilitate Panasonic’s investments in areas ranging from AI to new energy.

    Experts noted that the latest reform measures concerning China’s national economic development zones will provide foreign firms with a higher-level platform, thereby encouraging increased R&D investment and deeper collaboration with local enterprises. Thanks to improving industrial ecosystems, global companies will be able to seize greater opportunities in China’s vibrant market.

    MIL OSI China News –

  • MIL-OSI China: China appoints senior official for Hong Kong, Macao affairs

    Source: People’s Republic of China – State Council News

    China appoints senior official for Hong Kong, Macao affairs

    Updated: July 14, 2025 20:07 Xinhua

    BEIJING, July 14 — China has appointed Xu Qifang as the executive deputy director of the Hong Kong and Macao Affairs Office of the State Council, overseeing the office’s daily operations.

    MIL OSI China News –

  • MIL-OSI China: Chinese vice president meets Indian FM

    Source: People’s Republic of China – State Council News

    Chinese Vice President Han Zheng meets with Indian External Affairs Minister Subrahmanyam Jaishankar in Beijing, capital of China, July 14, 2025. (Xinhua/Gao Jie)

    Chinese Vice President Han Zheng on Monday met with Indian External Affairs Minister Subrahmanyam Jaishankar in Beijing.

    Han said, last October, Chinese President Xi Jinping had a successful meeting with Indian Prime Minister Narendra Modi in Kazan, leading China-India relations to a new starting point. Noting that China and India are both major developing countries and important members of the Global South, Han said it is the right choice for both sides to be partners contributing to each other’s success.

    Han called on both sides to further implement the important consensus reached by the leaders of the two countries, adhere to the high-level guidance, steadily advance pragmatic cooperation, respect each other’s concerns, and promote the sustained, healthy, and stable development of China-India relations.

    Jaishankar said that following the meeting between Prime Minister Modi and President Xi in Kazan, India-China relations have shown steady improvement. The Indian side stands ready to take the consensus reached by the leaders as guidance to maintain the momentum of bilateral ties, advance mutually beneficial cooperation, and enhance communication and coordination within multilateral mechanisms, he added.

    India supports China in hosting this year’s Shanghai Cooperation Organization Summit as the rotating chair, Jaishankar said.

    MIL OSI China News –

  • MIL-OSI Asia-Pac: Asia+ Festival to open in September

    Source: Hong Kong Information Services

    The Leisure & Cultural Services Department (LCSD) today announced that the third edition of the Asia+ Festival, featuring over 100 performances and activities, will be held from September to November.

    Presented by the Culture, Sports & Tourism Bureau and organised by the LCSD, the festival aims to create a sustainable platform for arts and cultural exchange.

    Artists and performers from more than 30 countries and regions will participate in this year’s festival. In addition to those from Asia, there will also performers from various Belt & Road countries and from Europe, Africa and the Americas. The programme will span traditional and contemporary products, giving the public and tourists a taste of diverse and vibrant cultures.

    This year’s opening production will be a staging of Chekhov’s “The Cherry Orchard”, with Jeon Do-yeon and Haesoo Park featuring as part of a stellar Korean cast.

    This will be followed by a variety of dance and music performances by world-class artists, as well as the ever-popular Asian Ethnic Cultural Performances+ outdoor carnival, showcasing distinctive cultural traditions.

    Tickets for most of the shows will be available from July 23 at URBTIX. Early bird discounts will be available until August 5. For enquiries, call 2370 1044.

    MIL OSI Asia Pacific News –

  • MIL-OSI: Enovix Appoints Srikanth Kethu as Head of Enovix India to Accelerate Global Innovation and Regional Expansion

    Source: GlobeNewswire (MIL-OSI)

    FREMONT, Calif., July 14, 2025 (GLOBE NEWSWIRE) — Enovix Corporation (Nasdaq: ENVX) (“Enovix”), a leader in advanced silicon battery technology, today announced the appointment of Srikanth Kethu as Head of Enovix India, effective today. In this key leadership role, Mr. Kethu will oversee the company’s Hyderabad R&D center and play a strategic role in supporting the ramp-up of Enovix’s high-volume manufacturing facility in Malaysia, while driving the broader expansion of Enovix’s footprint in India.

    Mr. Kethu brings more than two decades of experience leading high-performance engineering teams and scaling offshore operations for global automotive and industrial leaders including ZF, Mercedes-Benz, and as an external consultant to BMW’s R&D center in Germany. His deep expertise in product development, systems integration, and cross-border team building makes him uniquely qualified to help lead Enovix through its next phase of global growth.

    “We are thrilled to welcome Srikanth to the Enovix leadership team,” said Dr. Raj Talluri, President and CEO of Enovix. “India has always had a tremendous depth of engineering talent. I was fortunate to have been part of establishing and growing India’s cutting-edge R&D teams for Texas Instruments, Qualcomm and Micron — and now Enovix. As head of Enovix India, Srikanth will not only strengthen our world-class R&D center in Hyderabad but also support our efforts to industrialize at scale — including helping ensure the success of our new facility in Malaysia. He brings the experience and leadership we need to accelerate innovation and execution.”

    Enovix’s Hyderabad R&D center plays a critical role in developing next-generation battery technology. Under Mr. Kethu’s leadership, the India team will expand its contributions to core cell and pack design, advanced manufacturing, and reliability testing. In addition to scaling R&D efforts, Mr. Kethu will help Enovix establish broader operational capabilities in India as the company grows its regional presence.

    “I’m excited to join Enovix at such an important time for the battery industry and to make an impact,” said Mr. Kethu. “The Hyderabad team has already demonstrated exceptional technical capability. I look forward to working with our talented and dedicated teams across India and Southeast Asia to scale world-class solutions, support our factory in Malaysia, and help Enovix deliver breakthrough battery performance on a global scale. India offers a vast and highly skilled talent pool, and we remain committed to leveraging this strength to drive Enovix’s continued growth as a leading R&D hub in the region.”

    About Enovix Corporation

    Enovix is a leader in advancing lithium-ion battery technology with its proprietary cell architecture designed to deliver higher energy density and improved safety. The Company’s breakthrough silicon-anode batteries are engineered to power a wide range of devices from wearable electronics and mobile communications to industrial and electric vehicle applications. Enovix’s technology enables longer battery life and faster charging, supporting the growing global demand for high-performance energy storage. Enovix holds a robust portfolio of issued and pending patents covering its core battery design, manufacturing process, and system integration innovations. For more information, visit https://www.enovix.com.

    Forward‐Looking Statements

    This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements include, but are not limited to, statements regarding Enovix’s global growth strategy, expected plans for expansion in India, research and development in India, operational scale-up in Malaysia, product development roadmap, and other future events or expectations. Words such as “expects,” “intends,” “believes,” “will,” “plans,” and similar expressions are used to identify these forward-looking statements.

    Actual results may differ materially due to a variety of risks and uncertainties, including those identified in the “Risk Factors” section of Enovix’s most recent filings with the Securities and Exchange Commission (SEC), including the Company’s annual report on Form 10-K and quarterly reports on Form 10-Q. All forward-looking statements in this release speak only as of the date hereof, and Enovix undertakes no obligation to update any such statements as a result of new information, future events, or otherwise, except as required by law.

    Investor Contact:
    Robert Lahey
    ir@enovix.com

    Media Contact:
    Bateman Agency for Enovix
    Kaelyn Attridge
    enovix@bateman.agency

    The MIL Network –

  • MIL-OSI Analysis: Zohran Mamdani’s last name reflects centuries of intercontinental trade, migration and cultural exchange

    Source: The Conversation – USA (3) – By Iqbal Akhtar, Associate Professor of Religious Studies, Florida International University

    Zohran Mamdani takes photos with union members during a campaign rally at the Hotel and Gaming Trades Council headquarters in New York on July 2, 2025. AP Photo/Richard Drew

    When Zohran Mamdani announced his candidacy for mayor of New York City, political observers noted his progressive platform and legislative record. But understanding the Democratic candidate’s background requires examining the rich cultural tapestry woven into his very surname: Mamdani.

    He takes the name from his father, Mahmood Mamdani, a prominent academic who was raised in Uganda and whose work focuses on postcolonial Uganda. I studied the history of the Khoja community for my doctoral work and have helped develop Khoja studies as an academic discipline. The Mamdani surname tells a story of migration, resilience and community-building that spans centuries and continents.

    The Khoja history

    Mamdanis in Uganda belong to the Khoja community, a South Asian Muslim merchant caste, that shaped economic development across the western Indian Ocean for centuries.

    The name originates from greater Sindh, a region in South Asia that today includes southeastern Pakistan and Kachchh in western India.

    Its etymology is twofold. Mām is an honorific title in Kachchhi and Gujarati languages, meaning kindness, courage and pride. Māmadō is a local version of the name Muhammad that often appeared in surnames in Hindu castes that converted to Islam, such as the Memons.

    The Khoja were categorized by the British in the early 19th century as “Hindoo Mussalman” because their traditions spanned both religions.

    Over time, the Khoja came to be identified only as Muslim and then primarily as Shiite Muslim. Today, the majority of Khoja are Ismaili: a branch of Shiite Islam that follows the Aga Khan as their living imam.

    The Mamdani family, however, is part of the Twelver community of Khoja, whose Twelfth Imam is believed to be hidden from the world and only emerges in times of crisis. Twelvers believe he will help usher in an age of peace during end times.

    Around the late 18th century, the Khoja helped export textiles, manufactured goods, spices and gems from the Indian subcontinent to Arabia and East Africa. Through this Western Indian Ocean trading network, they imported timber, ivory, minerals and cloves, among other goods.

    Khoja family firms were built on kinship networks and trust. They built networks of shops, communal housing and warehouses, and extended credit for thousands of miles, from Zanzibar in Tanzania to Bombay – now Mumbai – on the western coast of India.

    Cousins and brothers would send money and goods across the ocean with only a letter. The precarious nature of trade in this period meant that families also served as insurance for each other. In times of wealth, it was shared; in times of disaster, help was available.

    Khoja contributions in Africa

    The Khoja became instrumental in building the commercial infrastructure of eastern, central and southern Africa. But the Khoja contribution to the development of Africa extended far beyond trade.

    In the absence of colonial investment in public infrastructure, they helped build institutions that formed the foundation of the modern nation-states that emerged after colonization. The institutions both facilitated trade and established permanent communities.

    For example, the first dispensary and public school in Zanzibar were constructed by a Khoja magnate, Tharia Topan, who made his wealth through the ivory and clove trades. Topan eventually became so prominent that he was knighted by Queen Victoria in 1890 for his service to the British Empire in helping to end slavery in East Africa.

    The Khoja community continues to invest in East Africa. The most famous example is the Aga Khan Development Network, whose hospitals and schools operate in 30 countries. In places such as Kenya, Uganda and Tanzania, they are considered the best.

    Khoja in Uganda

    Like in other parts of Africa, the Khoja settled in Uganda as a liaison business community to develop a market to serve both African and European needs. The linguistic and cultural knowledge, developed over centuries, helped facilitate business despite the challenges of colonization.

    Ugandan President Idi Amin and his wife, Sarah, in Rome on Sept. 10, 1975.
    AP Photo

    However, in 1972, Ugandan dictator Idi Amin expelled all Asians – approximately 80,000 – forcing families like the Mamdanis into exile. These included indentured laborers, who were brought in to help build the railroad and farm during the British colonial period, and free traders, like the Mamdani family.

    Amin saw them all as the same and famously said: “Asians came to Uganda to build the railway. The railway is finished. They must leave now.”

    The experience was a bitter one. Families lost everything, and many left with only the clothes on their backs.

    Mahmood Mamdani, who came from a Khoja merchant family, was 26 when he was exiled. Yet, unlike most Ugandan Asians, he chose to go back. At Makerere University in Kampala, Uganda’s capital, Mamdani set up the Institute for Social Research, which helped to provide rigorous social science training to Ugandan researchers trying to improve their society.

    While the earlier generations of the Khoja tended to choose business or adjacent professions, such as accounting, the subsequent generations – particularly those educated in the West – embraced the knowledge economy as professionals, academics and nonprofit leaders.

    Several of Mahmood Mamdani’s generation of Khoja academics conducted path-breaking work on Afro-Asian solidarity – a way of thinking about the world beyond colonial categories, such as the category of religion as a separate domain from the secular. These scholars, such as Tanzania’s Issa Shivji and Abdul Sheriff, worked on creating solidarity among the newly independent states of the Global South.

    Mahmood Mamdani is known for his influential post-9/11 academic work, “Good Muslim, Bad Muslim,” which examined how Muslim identities are stereotyped. He argued that these identities are complex and varied, shaped by accumulated history and present experiences.

    Interfaith identity

    The Khoja community – known globally as the Khoja Shia Ithnasheri Muslim Community – has developed strong transnational connections. Today, they are concentrated in the United Kingdom, Canada, United States and France. However, Khoja can be found in almost any country in the world. In 2013, I met members of the community in Hong Kong.

    The Khoja community plays an important role in interfaith dialogue and global development initiatives. A prominent Ismaili Khoja, Eboo Patel, the founder of Interfaith America, has dedicated his life to pluralism and mutual understanding through building up civil society.

    Zohran Mamdani’s mother, acclaimed filmmaker Mira Nair, is Hindu by birth. This interfaith marriage exemplifies the flexibility, diversity and tolerance of Khoja Islam, which has historically navigated between Hindu and Islamic traditions.

    Whether Mamdani’s policies prove practical remains to be seen, but his background offers something valuable: a deep understanding of how communities build resilience across generations and geographies.

    Iqbal Akhtar does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Zohran Mamdani’s last name reflects centuries of intercontinental trade, migration and cultural exchange – https://theconversation.com/zohran-mamdanis-last-name-reflects-centuries-of-intercontinental-trade-migration-and-cultural-exchange-259967

    MIL OSI Analysis –

  • MIL-OSI Analysis: Zohran Mamdani’s last name reflects centuries of intercontinental trade, migration and cultural exchange

    Source: The Conversation – USA (3) – By Iqbal Akhtar, Associate Professor of Religious Studies, Florida International University

    Zohran Mamdani takes photos with union members during a campaign rally at the Hotel and Gaming Trades Council headquarters in New York on July 2, 2025. AP Photo/Richard Drew

    When Zohran Mamdani announced his candidacy for mayor of New York City, political observers noted his progressive platform and legislative record. But understanding the Democratic candidate’s background requires examining the rich cultural tapestry woven into his very surname: Mamdani.

    He takes the name from his father, Mahmood Mamdani, a prominent academic who was raised in Uganda and whose work focuses on postcolonial Uganda. I studied the history of the Khoja community for my doctoral work and have helped develop Khoja studies as an academic discipline. The Mamdani surname tells a story of migration, resilience and community-building that spans centuries and continents.

    The Khoja history

    Mamdanis in Uganda belong to the Khoja community, a South Asian Muslim merchant caste, that shaped economic development across the western Indian Ocean for centuries.

    The name originates from greater Sindh, a region in South Asia that today includes southeastern Pakistan and Kachchh in western India.

    Its etymology is twofold. Mām is an honorific title in Kachchhi and Gujarati languages, meaning kindness, courage and pride. Māmadō is a local version of the name Muhammad that often appeared in surnames in Hindu castes that converted to Islam, such as the Memons.

    The Khoja were categorized by the British in the early 19th century as “Hindoo Mussalman” because their traditions spanned both religions.

    Over time, the Khoja came to be identified only as Muslim and then primarily as Shiite Muslim. Today, the majority of Khoja are Ismaili: a branch of Shiite Islam that follows the Aga Khan as their living imam.

    The Mamdani family, however, is part of the Twelver community of Khoja, whose Twelfth Imam is believed to be hidden from the world and only emerges in times of crisis. Twelvers believe he will help usher in an age of peace during end times.

    Around the late 18th century, the Khoja helped export textiles, manufactured goods, spices and gems from the Indian subcontinent to Arabia and East Africa. Through this Western Indian Ocean trading network, they imported timber, ivory, minerals and cloves, among other goods.

    Khoja family firms were built on kinship networks and trust. They built networks of shops, communal housing and warehouses, and extended credit for thousands of miles, from Zanzibar in Tanzania to Bombay – now Mumbai – on the western coast of India.

    Cousins and brothers would send money and goods across the ocean with only a letter. The precarious nature of trade in this period meant that families also served as insurance for each other. In times of wealth, it was shared; in times of disaster, help was available.

    Khoja contributions in Africa

    The Khoja became instrumental in building the commercial infrastructure of eastern, central and southern Africa. But the Khoja contribution to the development of Africa extended far beyond trade.

    In the absence of colonial investment in public infrastructure, they helped build institutions that formed the foundation of the modern nation-states that emerged after colonization. The institutions both facilitated trade and established permanent communities.

    For example, the first dispensary and public school in Zanzibar were constructed by a Khoja magnate, Tharia Topan, who made his wealth through the ivory and clove trades. Topan eventually became so prominent that he was knighted by Queen Victoria in 1890 for his service to the British Empire in helping to end slavery in East Africa.

    The Khoja community continues to invest in East Africa. The most famous example is the Aga Khan Development Network, whose hospitals and schools operate in 30 countries. In places such as Kenya, Uganda and Tanzania, they are considered the best.

    Khoja in Uganda

    Like in other parts of Africa, the Khoja settled in Uganda as a liaison business community to develop a market to serve both African and European needs. The linguistic and cultural knowledge, developed over centuries, helped facilitate business despite the challenges of colonization.

    Ugandan President Idi Amin and his wife, Sarah, in Rome on Sept. 10, 1975.
    AP Photo

    However, in 1972, Ugandan dictator Idi Amin expelled all Asians – approximately 80,000 – forcing families like the Mamdanis into exile. These included indentured laborers, who were brought in to help build the railroad and farm during the British colonial period, and free traders, like the Mamdani family.

    Amin saw them all as the same and famously said: “Asians came to Uganda to build the railway. The railway is finished. They must leave now.”

    The experience was a bitter one. Families lost everything, and many left with only the clothes on their backs.

    Mahmood Mamdani, who came from a Khoja merchant family, was 26 when he was exiled. Yet, unlike most Ugandan Asians, he chose to go back. At Makerere University in Kampala, Uganda’s capital, Mamdani set up the Institute for Social Research, which helped to provide rigorous social science training to Ugandan researchers trying to improve their society.

    While the earlier generations of the Khoja tended to choose business or adjacent professions, such as accounting, the subsequent generations – particularly those educated in the West – embraced the knowledge economy as professionals, academics and nonprofit leaders.

    Several of Mahmood Mamdani’s generation of Khoja academics conducted path-breaking work on Afro-Asian solidarity – a way of thinking about the world beyond colonial categories, such as the category of religion as a separate domain from the secular. These scholars, such as Tanzania’s Issa Shivji and Abdul Sheriff, worked on creating solidarity among the newly independent states of the Global South.

    Mahmood Mamdani is known for his influential post-9/11 academic work, “Good Muslim, Bad Muslim,” which examined how Muslim identities are stereotyped. He argued that these identities are complex and varied, shaped by accumulated history and present experiences.

    Interfaith identity

    The Khoja community – known globally as the Khoja Shia Ithnasheri Muslim Community – has developed strong transnational connections. Today, they are concentrated in the United Kingdom, Canada, United States and France. However, Khoja can be found in almost any country in the world. In 2013, I met members of the community in Hong Kong.

    The Khoja community plays an important role in interfaith dialogue and global development initiatives. A prominent Ismaili Khoja, Eboo Patel, the founder of Interfaith America, has dedicated his life to pluralism and mutual understanding through building up civil society.

    Zohran Mamdani’s mother, acclaimed filmmaker Mira Nair, is Hindu by birth. This interfaith marriage exemplifies the flexibility, diversity and tolerance of Khoja Islam, which has historically navigated between Hindu and Islamic traditions.

    Whether Mamdani’s policies prove practical remains to be seen, but his background offers something valuable: a deep understanding of how communities build resilience across generations and geographies.

    Iqbal Akhtar does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Zohran Mamdani’s last name reflects centuries of intercontinental trade, migration and cultural exchange – https://theconversation.com/zohran-mamdanis-last-name-reflects-centuries-of-intercontinental-trade-migration-and-cultural-exchange-259967

    MIL OSI Analysis –

  • MIL-OSI Analysis: Who was the first pirate?

    Source: The Conversation – USA (2) – By Brandon Prins, Professor of Political Science, University of Tennessee

    Curious Kids is a series for children of all ages. If you have a question you’d like an expert to answer, send it to curiouskidsus@theconversation.com.

    Who was the first pirate? – Yandel R., age 11, Lakewood Ranch, Florida

    When most people imagine a pirate, they picture actor Johnny Depp playing the mad but likable swashbuckler Jack Sparrow, captain of the sailing ship the Black Pearl.

    Depp’s pirate portrayal was inspired by seafaring bandits in older make-believe tales, such as Long John Silver in “Treasure Island,” Captain Hook in “Peter Pan,” or sailor Edmond Dantès in “The Count of Monte Cristo.”

    A 1915 edition of ‘Treasure Island’ illustrated Long John Silver with iconic pirate features.
    Louis Rhead/Historica Graphica Collection/Heritage Images via Getty Images

    Pirates in these stories were mischievous but also glamorous, courageous and mostly kindhearted. They wore flashy costumes. They had missing limbs, like Captain Cook’s iron hook for a left hand and Long John Silver’s wooden peg leg. They buried treasure chests of gold and silver, forced enemies to walk the plank and had talking parrots as shipboard companions. They flew the Jolly Roger skull and crossbones flag from the ship’s mast to frighten enemies. The new Netflix series “One Piece,” which is based on a Japanese comic book, continues this popular depiction of pirates.

    While fun, these portrayals of pirates are mostly invented.

    I’m a political scientist who studies modern-day commerce raiding: robbing of private cargo vessels on the high seas. I’m interested in where it happens in the world, who does it and what can be done to stop it. My research finds today’s pirates to be less like swashbuckling Jack Sparrow and more like regular old thieves.

    Pirates in the ancient world

    Since pirates have been around for as long as people have moved things by boat, it is hard to pin down the very first pirate.

    Ancient Egyptians tied bundles of reeds together to form watertight boats.
    Werner Forman/Universal Images Group via Getty Images

    But archaeological evidence shows that boatbuilding goes all the way back to the ancient Egyptians, who used boats made from papyrus reeds as early as 6,000 years ago. These vessels likely carried valuable goods up and down the Nile River, and where valuable goods can be found, you can usually find thieves too. In fact, researchers know that pirates – basically just thieves on the water – targeted these river boats, because Egyptian pharaohs left records grumbling about pirates and their widespread pillaging.

    By 3,500 years ago, thieves were using sailing vessels to raid coastal towns and villages in and around the Nile Delta, as well as the Aegean and Adriatic basins. Attacking ships far from land on the high seas and stealing the cargo was a logical next step in the tactics of seafaring raiders.

    As trade increased across the Mediterranean Sea, boats carrying valuable cargo, such as pottery, silk, glass, spices and metals, became the targets of ancient pirates. Given the worth of these goods, pirate attacks became widespread across the ancient Mediterranean Sea. With money from the Roman senate and strong effort by a military leader named Pompey, the Roman navy worked hard to stop the pirates – and for a while it did.

    The earliest named pirate?

    The first mention of a pirate by name may have been in a Greek history book written in the fifth century BCE by an ancient historian named Herodotus.

    He briefly describes the adventures of a naval commander by the name of Dionysius who was from Ionia, which is in modern-day Turkey. Dionysius set up a pirate base on the island of Sicily that allowed him and his fellow pirates to plunder ships that happened to sail past.

    Pirates of the Caribbean

    While Dionysius may have been the first recorded pirate, the most famous pirates lived during the 17th and 18th centuries, which came to be known as the golden age of sea piracy.

    This was the heyday of pirates such as Blackbeard, also known as Edward Teach; William Kidd; Henry Morgan; Calico Jack; and Anne Bonny. They plundered Spanish treasure ships in the Caribbean, known as the Spanish Main, that were carrying silver from the mines in Bolivia back to the king of Spain.

    Islands such as Jamaica, Tortuga and the Bahamas, as well the North Carolina coast, all became notable pirate havens. Port Royal, on the island of Jamaica, in particular, was a notorious pirate refuge. It was ideally positioned for preying upon Spanish galleons sailing across the Atlantic from ports in Panama and Venezuela. Johnny Depp’s character, Jack Sparrow, swashbuckled around a fictionalized Port Royal in the first “Pirates of the Caribbean” film.

    Each dot represents a maritime pirate attack that happened between 1995 and 2023.
    Brandon Prins

    21st-century pirates

    The 2013 Hollywood movie “Captain Phillips,” starring Tom Hanks, drew attention back to real-world pirates and piracy. The movie was based on a real-life 2009 attack by Somali pirates on a ship named the MV Maersk Alabama, which was carrying food to Kenya. The 500-foot-long vessel and its crew were rescued by the U.S. Navy.

    To better understand 21st-century piracy, my research team compiled data on all pirate attacks from 1995 to the present day. We found three main piracy hot spots: the Gulf of Aden near Somalia, the Strait of Malacca in Southeast Asia and the Gulf of Guinea off the coast of West Africa. All three locations experience the conditions that attract pirates: ship traffic, valuable cargo and weak governments.

    Why become a pirate?

    People become pirates for many reasons, not the least of which is to escape poverty and enslavement. Others just want adventure and to travel the world. These are the same motivations that drove commerce raiding in the ancient world, during the golden age of piracy, and even today.

    While we may never know the first pirate, just like we will never know the very first thief, historical evidence shows that sea-raiding has been around since the very first boats traversed the world’s waterways. Despite efforts to end piracy, my research shows that the conditions that produce ship looting remain and will likely always exist.

    Hello, curious kids! Do you have a question you’d like an expert to answer? Ask an adult to send your question to CuriousKidsUS@theconversation.com. Please tell us your name, age and the city where you live.

    And since curiosity has no age limit – adults, let us know what you’re wondering, too. We won’t be able to answer every question, but we will do our best.

    Brandon Prins received funding from the U.S. Department of Defense, Office of Naval Research, through the Minerva Initiative, awards #N00014-21-1-2030 and #N00014-14-1-0050.

    – ref. Who was the first pirate? – https://theconversation.com/who-was-the-first-pirate-256314

    MIL OSI Analysis –

  • MIL-OSI Russia: China Vice Chairman Meets Indian Foreign Minister

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    BEIJING, July 14 (Xinhua) — Chinese Vice President Han Zheng met with Indian External Affairs Minister Subrahmanyam Jaishankar in Beijing on Monday.

    Han Zheng said that the successful meeting between Chinese President Xi Jinping and Indian Prime Minister Narendra Modi in Kazan last October brought China-India relations to a new starting point. Stressing that China and India are both major developing countries and important members of the Global South, he pointed out that the win-win partnership strategy is the right choice for both sides.

    Han Zheng called on the two sides to step up the implementation of the important agreements reached by the leaders of the two countries, unswervingly adhere to the policy of the top leadership, steadily deepen pragmatic cooperation, respect each other’s concerns, and promote the steady, healthy and stable development of China-India relations.

    S. Jaishankar said that after the meeting between Prime Minister Narendra Modi and Chinese President Xi Jinping in Kazan, India-China relations have shown steady improvement. The Indian side is ready, guided by the consensus reached by the leaders of the two countries, to maintain the positive dynamics of bilateral ties, promote mutually beneficial cooperation and strengthen communication and coordination in multilateral mechanisms, he added.

    “India supports China, which has assumed the rotating chairmanship of the SCO, in hosting the Shanghai Cooperation Organisation summit this year,” S. Jaishankar stressed. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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  • MIL-OSI Russia: PRC Defense Ministry: China strongly supports the establishment of a nuclear-weapon-free zone in Southeast Asia /detailed version-1/

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    BEIJING, July 14 (Xinhua) — China firmly supports the establishment of a nuclear-weapon-free zone in Southeast Asia, Chinese Defense Ministry spokesperson Jiang Bin said Monday, adding that it is of great significance to promoting regional peace and stability and conducive to safeguarding the core security interests of ASEAN countries.

    According to him, China has clearly stated its readiness to be the first to sign the Protocol to the Treaty on a Nuclear-Weapon-Free Zone in Southeast Asia.

    Jiang Bin made the remarks in response to recent comments by the Philippines’ defense secretary, who said China’s willingness to sign the protocol was purely symbolic and that to show sincerity it should first denuclearize.

    He stressed that China is the only nuclear-weapon state that has made an unconditional commitment not to use or threaten to use nuclear weapons against non-nuclear-weapon states or nuclear-weapon-free zones.

    China’s nuclear forces and nuclear policy have made significant contributions to world peace, which is widely recognized by the international community, Jiang Bin added. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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  • MIL-OSI Russia: Songshan Lake: A Microcosm of China’s Innovation Ecosystem

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    GUANGZHOU, July 14 (Xinhua) — The area around Songshan Lake in southern China’s Guangdong Province exudes youthful energy. Just two decades ago, it was a quiet orchard, but now it is home to a thriving innovation hub. These days, it is not harvesting fruits, but ideas.

    The 103 square kilometer high-tech zone is home to more than 17,000 market players, including seven national manufacturing champions and 770 national high-tech enterprises. Each is contributing to the rise of next-generation technologies, from connected vehicles and robotics to intelligent engineering, biomedicine, and advanced materials and energy.

    The rapid growth of enterprises is facilitated by the innovative ecosystem of Songshan Lake, which is home to six universities and 18 provincial-level new R&D institutions. It is also home to several key scientific facilities, including the China Spallation Neutron Source and an advanced attosecond laser infrastructure currently under construction.

    The evolution of ePropulsion, co-founded by Hong Kong University of Science and Technology (HKUST) alumnus Pan Zongliang and three of his classmates, is a vivid illustration of this dynamic ecosystem.

    In 2012, recognizing the significant potential in marine renewable energy, they formed a startup team dedicated to research and development in marine electric propulsion systems. By 2014, they had completed the prototype of their first electric outboard motor. However, the process of turning this innovation into a market-ready product was fraught with challenges. The industrialization process proved to be a complex undertaking that required considerable effort and resources to manage.

    Fortunately, HKUST professor Li Zexiang founded the XbotPark robotics base in Songshan Lake area in 2014. He also facilitated the relocation of ePropulsion’s five-person staff to Songshan Lake, providing them with valuable assistance.

    “As a marine renewable energy company, we needed a water area to test our products,” explained Pan Zongliang, co-founder and COO of ePropulsion. The Songshan Lake Administrative Committee provided the team with a key asset: a special dock for conducting water tests. “It was a huge support,” Pan Zongliang recalled.

    In addition to political support, Songshan Lake’s strategic location allows XbotPark companies to take advantage of the supply chain advantages of the Guangdong-Hong Kong-Macao Greater Bay Area.

    According to the director of the XbotPark robotics base, teams working in this environment often say: “If you can imagine it, you can build it.” “Finding suppliers for good ideas can usually be completed in about thirty minutes,” he says.

    ePropulsion currently operates from a manufacturing facility in Dongguan, Guangdong Province, southern China, where Lake Songshanhu is located. The product range includes a wide range of overhead electric systems from 500 to 1000 kW, as well as overhead drives, embedded systems, batteries and control systems, which are sold worldwide.

    “Our main market is Europe and the United States, and our small and medium-sized electric outboard motors ranked first in the world in terms of shipment volume last year,” Pan Zongliang said. “The domestic market share is also growing as the new energy boat sector expands in China,” he added.

    Their eco-friendly propulsion systems now power boats at events such as SailGP and the America’s Cup, as well as on scenic waters across China, including Donghu Lake in Wuhan, West Lake in Hangzhou and the Lijiang River in Guilin.

    According to XbotPark, it has helped create more than 80 startups in the field of robotics and intelligent equipment, of which six are included in the list of unicorn companies whose estimated value has grown to a billion US dollars in a short period of time. At the same time, their survival rate has exceeded 80%. The total value of the leading companies in the base is $ 10 billion.

    Nearby, at the Guangdong Institute of Intelligent Robotics (GIRI), another industrial park near Songshan Lake, a bright yellow robot maneuvers in a test tank, rising and falling with the agility of a fish. This intelligent underwater inspection robot, developed by BlueDiveBot, conducts comprehensive inspections with no blind spots.

    “Underwater robots can perform equipment maintenance, garbage collection, water quality monitoring and emergency response, overcoming human limitations and safety risks,” said Hu Gangyi, CEO of BlueDiveBot.

    Incubated by GIRI and founded in 2023, BlueDiveBot has established a collaborative innovation platform integrating industry, education, research and application for advanced underwater equipment. The company has mastered a number of advanced technologies in the field of unmanned underwater intelligent systems, some of which are the first of their kind in the country.

    “The well-developed industrial chain in Dongguan and surrounding areas accelerates the commercialization of our R&D,” Hu Gangyi said. “We have quickly achieved the expansion of production capacity and significant growth in market sales.”

    Since its establishment in August 2015, GIRI has focused its R&D and commercialization efforts on key robotics components such as high-power lasers, sensors and machine vision systems, in addition to its core products that include industrial robots, high-end intelligent equipment, unmanned autonomous systems and industrial big data.

    GIRI Deputy Director Zhou Xiaoxiao compares prototype technologies to an “unripe green apple.” In order to become a “ripe red apple,” the technology must undergo a process of refinement, she says, and this transformation is necessary for the technology to become the basis for producing a wide range of products, including both “apple jam” and “apple juice.”

    Further development of innovation was supported by Songshan Lake High-tech Zone’s partnership with Huawei Cloud to build the “Developer Village” in April 2022. It meets the digitalization needs of enterprises through deep integration and joint innovation between various developer organizations, promoting digital innovation and industrial upgrading. Currently, 29 companies are located there.

    “The Songshan Lake High-Tech Zone has carried out cutting-edge basic research,” concluded Wang Qianqian, deputy director of the Songshan Lake Science, Technology and Innovation Bureau. “Based on the results of basic research, we have built a complete innovation chain from pioneering research to commercialization and industrial development.” -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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    MIL OSI Russia News –

  • MIL-OSI Russia: China’s Digital Smart Manufacturing to Benefit Industrial Transformation in SCO Countries

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    TIANJIN, July 14 (Xinhua) — Umar Suleimanov, a student from Tajikistan who chose the Chinese name Wu Mofan, actively gestures with his hands in front of a video camera, showing various configurations of his wrist and fingers, and a bionic robotic arm installed nearby, equipped with tens of hundreds of multi-dimensional tactile sensors, instantly repeats these movements as a mirror image.

    All this took place at the recent Shanghai Cooperation Organisation (SCO) Forum on Digital Economy in the northern Chinese city of Tianjin and attracted the attention of many guests from SCO countries.

    “I learned that these bionic arms can sense mechanical information, sense temperatures, and differentiate between materials and textures. They can be applied to industrial production on a large scale, and can greatly improve the production efficiency of factories through data collection, algorithm integration, and other technological systems,” said Wu Mofan, a student at Tianjin Nankai University. He hopes that China’s digital smart manufacturing solutions and products can be spread to more countries to promote local development.

    The development of digital economy is a strategic direction in the new round of technological revolution and industrial transformation. With the promotion of targeted policies and guidelines, iterative approach in technology, huge market demand and other driving factors, China has shown impressive achievements in industrial upgrading through the development of digital manufacturing.

    According to the Ministry of Industry and Information Technology of the People’s Republic of China, there are currently more than 30,000 smart factories with basic automation, over 230 smart factories with full digitalization of production, and about 421 national-level smart manufacturing demonstration factories in China. In the first quarter of 2025, the operating revenue of China’s digital sector reached 8.5 trillion yuan (about 1.19 trillion US dollars), growing 9.4 percent year on year.

    “I am very impressed that more and more AI and robotics projects are being implemented in various industrial scenarios in China. In this regard, China has made very impressive progress,” said Mehmet Bozkurt, a senior expert at the Turkish Center for Asia-Pacific Studies.

    Pan Yuanyuan, deputy director of the International Investment Department at the Institute of World Economy and Politics under the Chinese Academy of Social Sciences, attributes the rapid development of China’s digital economy to its huge population, strong market demand, and rich application scenarios. “China’s achievements and accumulated experience in the digital economy are useful for countries seeking development,” she said.

    China has repeatedly reaffirmed its determination not only to digitalize its own industry, but also to assist other SCO countries in modernizing their production by exporting more and more digital technologies.

    Among the significant projects of cooperation between China and other SCO countries in the digital economy, Song Xianrong, a responsible official for international cooperation at the State Data Administration of the People’s Republic of China, highlighted the smart railway project in Mongolia with the participation of a Chinese enterprise, thanks to which the volume of coal production in areas located along the railway increased by 3-4 times, and the cost of transporting each ton of coal decreased from 32 to 15 US dollars, and the cost of operation and maintenance of the railway fell by 50 percent.

    Another striking example of such cooperation was a joint project between the Tianjin Design and Research Institute of the Cement Industry and the oil and gas company SOUTH-OIL of Kazakhstan, in which Chinese technologies and standards for digital intelligence were introduced into the production scenario in one of the modern industrial parks in the south of Kazakhstan.

    “China provides impressive intellectual solutions in the process of digital transformation of energy and industry,” said Gulnaziya Almakhanova, head of the International Relations Department at Korkyt Ata Kyzylorda University in Kazakhstan. “We hope that China will be able to share successful experience and solutions with other members of the SCO family so that more countries can benefit from this wave of technological revolution.”

    As it became known, at the SCO Forum on Digital Economy-2025 in Tianjin, a ceremony was held to sign documents in 12 projects of cooperation on the digital economy between China, Kazakhstan, Pakistan, Egypt and other countries. These projects are related to such areas as cross-border e-commerce and the construction of “smart” cities. -0-

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  • CPI inflation at 2.10% in June 2025; food inflation turns negative

    Source: Government of India

    Source: Government of India (4)

    India’s retail inflation for June 2025 has dropped to its lowest level in more than six years, according to the latest data released by the Ministry of Statistics and Programme Implementation. The provisional Consumer Price Index (CPI) shows that headline inflation for June stood at 2.10 percent for the country overall, with rural inflation at 1.72 percent and urban inflation at 2.56 percent. This marks the lowest headline CPI since January 2019, offering a significant respite to households grappling with cost pressures over recent years.

    Food inflation, which has often been the primary driver of household expenses, remained in the negative for the second month in a row. The Combined Consumer Food Price Index (CFPI) recorded a deflation of 1.06 percent in June, with rural areas seeing a 0.92 percent decline and urban areas witnessing a 1.22 percent fall in food prices. Compared to the same period last year, the drop in food inflation has been substantial, mainly due to easing prices of vegetables, pulses, cereals, milk, meat and fish, sugar and spices.

    On a month-on-month basis, headline inflation in June rose by 0.62 percent, while food inflation increased by 1.08 percent, largely in line with seasonal trends and normal price movements. Meanwhile, certain core categories continue to show moderate yet steady increases. Housing inflation in urban areas came in at 3.24 percent, slightly higher than May’s 3.16 percent. Education inflation was recorded at 4.37 percent compared to 4.12 percent in the previous month, while health expenses rose by 4.43 percent, up from 4.34 percent. Transport and communication costs remained stable, increasing marginally to 3.90 percent from 3.85 percent. Fuel and light inflation dropped to 2.55 percent from 2.84 percent in May.

    The ministry highlighted that the price data for this calculation was gathered from over 1,100 urban markets and 1,181 villages, with 100 percent coverage in rural areas and over 98 percent coverage in urban centres. This robust coverage ensures that the estimates reflect prevailing market conditions across the country.

    Economists believe that the sustained decline in food prices will offer relief to households, but they also point out that the persistent rise in services such as health, education and housing requires careful monitoring. The latest figures suggest that inflation is well within the Reserve Bank of India’s target range of 2 to 6 percent, giving policymakers more room to focus on growth and employment in the coming months.

    The final inflation report for June will be released on August 12. Until then, the latest numbers present a clear picture of easing consumer prices and a cautious optimism for economic planners who have been grappling with fluctuating global commodity prices and unpredictable weather patterns affecting agricultural output.