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Andhra Pradesh Chief Minister N. Chandrababu Naidu has cast Amaravati’s quantum push as a test of whether the country can build strategic technology capacity at home rather than remain tied to foreign platforms, using the launch of two indigenous open-access facilities to argue that partnership with global companies need not mean dependence. The remarks came days after the state unveiled Amaravati 1S and Amaravati 1Q on World Quantum Day, presenting the project as both a technology milestone and a political statement about capability.

Speaking in Amaravati, Naidu pushed back on questions over reliance on companies such as IBM, saying the starting point mattered less than whether domestic institutions could absorb, adapt and eventually build. He described the new facility as proof that companies and researchers in the country are capable of producing quantum systems, while acknowledging that the path to scale will involve collaboration. That framing is central to the state government’s pitch: use foreign alliances where useful, but ensure design, testing, skills and manufacturing depth are developed locally.

The immediate trigger for that argument was the April 14 launch of the Amaravati Quantum Reference Facility, or AQRF, spread across SRM University-AP in Amaravati and Medha Towers in Gannavaram. Andhra Pradesh has described the systems as the country’s first indigenously built, open-access quantum computer test beds, intended to let researchers, startups and industry users test hardware under operating conditions rather than rely only on closed imported machines. Officials say the site is designed to validate processors, cryogenic systems, amplifiers and control electronics, with access for hands-on study and benchmarking.

That matters because quantum computing remains a field in which much of the world’s high-end hardware is controlled by a small number of companies and laboratories. Andhra Pradesh officials and syndicated reports on the launch said about 85 per cent of the facility’s components were manufactured domestically, a claim being used to support the government’s assertion that a “sovereign hardware ecosystem” is now possible. The systems were developed with support from institutions including the Tata Institute of Fundamental Research, the Indian Institute of Science and the Defence Research and Development Organisation, alongside younger firms working on hardware integration.

Yet the sovereignty message sits alongside a second reality: Amaravati’s longer-term quantum ambitions still rely on international corporate participation. IBM, Tata Consultancy Services and the Andhra Pradesh government announced in May 2025 that the planned Quantum Valley Tech Park in Amaravati would seek to host an IBM Quantum System Two with a 156-qubit Heron processor, subject to export licences and final agreements, while TCS would work on algorithms and applications. Naidu himself described that project at the time as part of the National Quantum Mission and a route to job creation and industrial use cases.

That leaves Andhra Pradesh trying to strike a careful balance. On one hand, the state wants the credibility, tooling and developer ecosystem that come with IBM and TCS. On the other, Naidu is signalling that strategic depth cannot rest on access alone. His comparison with the telecom sector was meant to make that case: the country did not master mobile and network technologies overnight, but built capability over time through policy support, local firms and institutional confidence. In quantum, he appears to be arguing for the same sequence — collaborate first where necessary, but move steadily towards domestic competence.

The wider national backdrop supports that ambition. The National Quantum Mission, approved in April 2023 with an outlay of Rs 6,003.65 crore running through 2030-31, is meant to seed research, industrial development and applications across computing, communications, sensing and materials. The Department of Science and Technology says the mission aims to develop intermediate-scale quantum computers in the 50 to 1,000 physical qubit range and has already set up four thematic hubs led by IISc Bengaluru, IIT Madras, IIT Bombay and IIT Delhi. Amaravati’s project is therefore not operating in isolation; it is seeking to attach itself to a national push that is still in its build-out phase.

The deal did not arrive in isolation. It came only weeks after KKR invested $95 million, taking the wider financing linked to that phase of fundraising to about $315 million. Lenskart said the fresh capital would support expansion of its online business and physical store network, reinforcing its strategy of building an omni-channel model rather than relying solely on digital sales. That approach helped distinguish it from many internet-first companies that were still testing how to translate app traffic into durable consumer brands.

Founded in 2010, Lenskart entered physical retail in 2013 and built its business around prescription eyeglasses, contact lenses and sunglasses, using technology tools such as virtual try-on features and a tightly managed supply chain to bring down delivery times and widen consumer choice. The 2021 fundraising gave investors another signal that eye care and vision products could support a scaled consumer business in a market where organised retail had long remained fragmented. It also underlined growing confidence that health-linked discretionary categories could attract repeat spending even outside the big metropolitan centres.

At the time, the broader market backdrop was unusually supportive. India’s start-up sector went through a record funding cycle in 2021, with Reuters later reporting that start-ups in the country raised about $35 billion that year before the market turned more difficult in 2022. Lenskart’s round therefore became part of a larger story: global investors were competing for exposure to domestic consumption, digital adoption and a new generation of companies that blended software, logistics and offline distribution. That enthusiasm also produced a wave of unicorns, richer private valuations and a heavier pipeline for later public listings.

What makes the Lenskart story more durable than a single boom-year headline is what followed. The company continued to attract capital after the 2021 round, raising another $200 million in 2024 from Temasek and Fidelity in a deal that valued it at about $5 billion, according to reports. That step-up suggested investors still saw room for growth despite the post-2021 funding reset that hit many privately held technology firms. It also showed that consumer-facing businesses with large store networks, repeat demand and clearer revenue visibility were being treated differently from cash-burning platforms built around discount-led expansion.

By 2025, Lenskart had moved into the next phase of that journey, filing for an initial public offering and seeking a valuation of nearly $8 billion at the top end of its price band. Reuters reported that the company had 2,067 stores across the country and another 656 overseas, reflecting a business that had grown well beyond its original online-only identity. That proposed public market debut placed Lenskart among a wider group of venture-backed companies testing whether private-market optimism could translate into sustained investor demand on the stock exchange.

Operationally, the business has also shown signs of maturing. Reuters reported in November 2025 that Lenskart had turned profitable in financial year 2025 and posted a 23% rise in revenue to 66.53 billion rupees. Another Reuters report in February 2026 said about 80% of its revenue came from prescription eyeglasses, while international revenue from Southeast Asia, Japan and the Middle East was rising strongly. Those figures matter because they suggest the company’s scale is now being supported not only by funding rounds and valuation jumps, but by a more established earnings and expansion profile.

To support its planned product launch in June 2026, VinFast has continued to partner with leading motorcycle distributors in the Philippines, including Wheeltek Motor Sales Corporation; Gentrade International Phils., Inc. (Transcycle); Superbikes Corporation; Motoxpress Sales Corporation; FMN Industrial Corp.; Eduhome Enterprise, Inc.; Keymotors Incorporated; Motorpro by Abenson Ventures Inc. and Aserco; Moto Atelier Inc.; Ciclo Suerte; HG Motorzone; HGC Main Marketing (Motorboy); BLC Cycle Parts Supply; and Auto Ten Trade & Services Corp. Similar to the partners signed in January 2026, these partners have extensive networks, demonstrate strong operational capabilities, and possess longstanding experience in the motorcycle business, alongside a clear orientation toward the green transition.

VinFast and its partners will collaborate to rapidly roll out a showroom network across the market, with many outlets expected to be launched in parallel at the time of product introduction, laying the foundation for accelerated expansion of nationwide sales and after-sales services. The showrooms will be developed in high-demand areas with strong potential for green transition such as Metro Manila, Metro Davao, Rizal, Laguna, Cavite, Batangas, Metro Cebu, Bulacan, and other major urban provinces, and will adhere to VinFast’s global standards for operations and brand identity.

In the initial phase, the network will distribute a portfolio of swappable-battery e-scooters, including Evo, Feliz II, Viper, and other models expected to be launched in the near future, alongside upcoming models that will be further adapted to local infrastructure conditions and consumer usage patterns in the Philippines.

The Philippines is one of Southeast Asia’s largest motorcycle markets, characterized by strong demand for personal mobility and rapid urbanization. Amid fuel price volatility and a growing shift toward sustainable solutions, e-scooters are emerging as a promising pathway, particularly when supported by an integrated ecosystem.

VinFast is pioneering the development of a comprehensive e-scooter ecosystem in the Philippines, encompassing dealer networks, after-sales services, financing solutions, and energy infrastructure. Notably, the company aims to deploy approximately 30,000 battery-swapping stations nationwide in the near term, in collaboration with infrastructure partners, to deliver a convenient and flexible user experience.

Earlier in 2026, VinFast announced plans to expand its e-scooter business across five key international markets, including the Philippines, Indonesia, India, Thailand, and Malaysia, as part of its global strategy to scale a green mobility ecosystem.

Ms. Vo Thi Cam Tu, Managing Director of VinFast E-Scooters Overseas Market, said: “Our partnerships with 14 major dealers in the Philippines mark an important step in rapidly establishing a strong distribution and service foundation from the outset. We are not only introducing products tailored to local needs, but also developing an integrated ecosystem, from battery-swapping infrastructure to after-sales services, enabling consumers to access and adopt e-scooters in a convenient, efficient, and sustainable manner.”

In recent years, VinFast has steadily built its presence across key Southeast Asian markets, including the Philippines, through a diverse electric vehicle portfolio and strategic partnerships in infrastructure and services. The expansion into e-scooters further completes its green mobility ecosystem in the market and the region, while providing consumers with more flexible options in the transition to sustainable transportation.

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China has launched a new satellite designed to track greenhouse gases with greater precision, adding a fresh layer of space-based monitoring to the country’s climate and environmental data network.

The satellite lifted off aboard a Long March-4C rocket from the Jiuquan Satellite Launch Centre in north-west China at 12:10 pm Beijing time on April 17. State media said the spacecraft entered its planned orbit successfully, marking the 638th mission of the Long March rocket family. Chinese reports described it as a high-precision greenhouse-gas detection satellite intended to strengthen observation of atmospheric conditions from orbit.

Chinese broadcaster CGTN reported that the satellite carries five instruments, including an atmospheric detection lidar, a broad-spectrum hyperspectral greenhouse-gas monitor, ultraviolet and infrared hyperspectral sensors for atmospheric composition, and a cloud-and-aerosol imager. Together, those tools are intended to improve detection of carbon dioxide, methane and related atmospheric variables, while helping scientists separate emissions signals from interference caused by clouds, aerosols and other background conditions. The spacecraft and launcher were developed by the Shanghai Academy of Spaceflight Technology, according to CGTN and other Chinese reports.

The launch gives Beijing a more advanced platform for a task that has become politically and economically important: measuring what is actually entering the atmosphere. Satellite-based observation has become a key part of climate governance because it can provide independent, repeated coverage across large industrial zones, energy corridors and remote terrain where ground-based monitoring is patchier or harder to verify. Methane, in particular, has come under sharper scrutiny because it traps far more heat than carbon dioxide over the short term, while carbon dioxide remains the dominant driver of long-term warming.

For China, the mission also carries strategic weight. The country has pledged to peak carbon dioxide emissions before 2030 and reach carbon neutrality before 2060, goals that require more dependable measurement of emissions trends and sector-by-sector performance. Yet that transition remains uneven. Reuters reported in February 2025 that China cut carbon intensity by 3.4 per cent in 2024, but still lagged behind its five-year target, underscoring the tension between climate pledges, industrial growth and energy security. More precise atmospheric data can help narrow that gap between policy targets and real-world measurement.

The new mission also builds on a longer Chinese effort to monitor greenhouse gases from space. In 2016, China launched TanSat, a carbon-tracking satellite aimed at taking global carbon dioxide readings roughly every 16 days, with accuracy of at least four parts per million, according to Reuters and the China National Space Administration. That earlier satellite was presented as a step towards giving policymakers more independent climate data. The new spacecraft appears to signal a move from pioneering measurement capability towards a more operational and higher-resolution system.

That matters beyond China. Space-based emissions tracking has gained prominence as governments, investors and campaigners press for more transparent climate accounting. The loss last year of MethaneSAT, a privately backed satellite funded in part by Jeff Bezos and operated by the Environmental Defense Fund, highlighted both the promise and fragility of this new monitoring architecture. At the same time, political pressure on some United States climate-observation programmes has raised concerns among scientists about the continuity of global emissions data. Against that backdrop, China’s launch adds capacity to a field in which international coverage remains valuable but uneven.

The timing is notable because climate data has become more than a scientific matter. It now feeds into carbon markets, industrial regulation, trade pressure and diplomatic claims over who is cutting emissions and who is not. Better satellite detection could strengthen verification of methane leaks from coal mines, oil and gas facilities, and large industrial sites, while also improving broader atmospheric modelling. Chinese researchers are already working on ever finer emissions datasets for the country, and the addition of a new orbital platform could help tighten links between satellite observation, ground measurements and policy enforcement.