New Delhi, May 8 (IANS) Commerce and Industry Minister Piyush Goyal on Friday met senior officials from the French beauty and personal care major L’Oréal Groupe and discussed strengthening sourcing, manufacturing, and exports from the country.“Held a meeting with a delegation led by Vismay Sharma, President–South Asia Pacific, Middle East and North Africa Zone, at @LOrealGroupe. Discussions focused on strengthening sourcing, manufacturing, and exports from India,” Goyal posted on X social…
Latest Department for Promotion of Industry and Internal Trade News & Updates
New Delhi, May 7 (IANS) Commerce and Industry Minister Piyush Goyal on Thursday chaired a brainstorming session along with officials of the Department of Commerce (DoC) and Department for Promotion of Industry and Internal Trade (DPIIT), to explore measures to enhance global exposure for Indian businesses.According to the minister, discussions focused on boosting exports and investments, unlocking opportunities for aspiring exporters, and tapping new global markets.“Also, explored measures to …
New Delhi, May 2 (IANS) Union Commerce and Industry Minister Piyush Goyal on Saturday lauded the Indian Institute of Foreign Trade (IIFT) as a premier institution contributing to India’s global trade and policy landscape, as the institute marked its 63rd Foundation Day. In a message shared on a social media platform, the minister highlighted IIFT’s role in shaping the country’s international trade and management ecosystem through its contributions to policy, research, and capacity bu…
New Delhi, April 25 (IANS) The government on Saturday announced the operational guidelines for the Rs 10,000 crore Startup India Fund of Funds 2.0 (FoF 2.0), aiming to streamline capital deployment and improve funding access for startups across sectors and stages.The Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry has unveiled a comprehensive framework to operationalise the second edition of the Fund of Funds scheme, with a focus on imp…
New Delhi, April 22 (IANS) The government on Wednesday said that 41 biogas cylinder filling and storage plants have been granted approval, and subsequently, licenses have been issued to 14 plants.A total of 467 applications for compressed natural gas (CNG) and compressed biogas (CBG) dispensing stations were received by the Petroleum and Explosives Safety Organisation (PESO), and all were disposed of on a priority basis from March 25 to April 21.Out of 467 cases, in 157 cases, final licenses wer…
New Delhi, April 15 (IANS) The Ministry of New and Renewable Energy (MNRE) organised a one-day Hydrogen Startup Exhibition on Wednesday to promote the growing hydrogen startup ecosystem in the country.According to the government, the exhibition brought together 18 startups working across various segments of the green hydrogen value chain, including electrolyser technologies, fuel cell applications, biomass-to-hydrogen production and digital solutions for hydrogen systems.The participating startu…
New Delhi, April 3 (IANS) Top government officials including the Secretary, Department for Promotion of Industry and Internal Trade, the Power Secretary, and the Director General of Foreign Trade (DGFT) held a meeting on Friday to discuss ways to increase the domestic production of induction heaters and cooking utensils to bring down the use of cooking gas consumption amid supply chain disruptions due to the Iran war, according to official sources.Demand for induction heaters and other electrica…
New Delhi, March 25 (IANS) The government’s Department for Promotion of Industry and Internal Trade (DPIIT), has partnered with fintech platform, Razorpay, to empower startups with access to financial tools, founder enablement programmes and ecosystem support to accelerate growth, the government said on Wednesday.The collaboration aims to support startups, innovators and entrepreneurs across the country by assisting early- and growth-stage ventures to scale efficiently by leveraging digital pa…
New Delhi, March 23 (IANS) The government has spent over Rs 20 lakh crore on more than 1,700 ongoing infrastructure projects across the country, the Parliament was informed on Monday.In a written reply in the Lok Sabha, Minister of State (Independent Charge) for the Ministry of Statistics and Programme Implementation (MoSPI), Rao Inderjit Singh, said a total of 1,702 central sector projects, each costing Rs 150 crore and above, are currently under implementation.The minister added that these pro…
New Delhi, March 18 (IANS) Stakeholders have emphasised the need for a holistic and balanced approach to rejuvenation of export-oriented industrial clusters, integrating infrastructure upgradation with capacity building, technology adoption, and improved market access, it was announced on Wednesday.During a post-Budget meeting organised by the National Industrial Corridor Development Corporation (NICDC), the importance of strengthening domestic manufacturing ecosystems, particularly in sectors w…