The Department for Promotion of Industry and Internal Trade (DPIIT), on Friday partnered with the Startup Policy Forum (SPF), a reputed industry organisation representing India's leading new-age companies, the Ministry of Commerce and Industry stated in a release.
The India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA) completes two years of remarkable success, driving mutual growth and showcasing the complementarity of both economies, the Ministry of Commerce and Industry stated in a release on Sunday.
The Department for Promotion of Industry and Internal Trade (DPIIT) has entered into a Memorandum of Understanding (MoU) with boAt, an Indian company in the audio and wearables market.
Impressively, 67 per cent of this amount (USD 667 billion) was received in the last decade alone (2014-2024). The manufacturing sector has particularly benefited, witnessing a 69 per cent surge in FDI equity inflows, which rose from USD 98 billion during 2004-2014 to USD 165 billion in 2014-
The 12 green field projects under the National Industrial Corridor Development Project will cover an area of 25,975 acres and involve an investment of Rs28,602 crore. The Projects are expected to attract Rs1.5 lakh crore in investments while generating employment opportunities for 9.4 lak
The initiative, launched in November 2020, covers 14 key sectors and has already delivered milestones. The program has catalyzed investments worth Rs1.46 lakh crore (USD 17.5 billion), spurred production and sales of Rs12.50 lakh crore (US$150 billion), and boosted exports to Rs4 lakh crore
The event saw the enthusiastic participation of over 60 sellers and service providers from the region. Comprehensive training sessions were organized to familiarize stakeholders with the platform's features, functionalities, and digital capabilities. Key milestones in the seller journey were
Union Minister of Commerce and Industry Piyush Goyal reaffirmed India's commitment to forging a balanced, ambitious, and mutually beneficial Free Trade Agreement (FTA) with the European Union (EU) during an interaction with Ambassadors from the European Commission delegation and member state
The government is developing industrial corridor projects as part of the National Industrial Corridor Development Programme (NICDP) for the development of greenfield industrial areas, regions, and nodes in order to compete with the world's top manufacturing and investment destinations, state
The "Make in India" initiative, aimed at boosting manufacturing and attracting foreign investment, has played a key role in strengthening India's position in the global economy, he stressed. President Putin's remarks underscored India's economic progress under PM Modi's leadership.