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…
Latest Department for Promotion of Industry and Internal Trade News & Updates
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…
New Delhi, March 10 (IANS) The Union Cabinet, chaired by Prime Minister Narendra Modi, on Tuesday approved changes in the guidelines governing investments from countries that share land borders with India, aiming to provide clarity to investors and boost foreign direct investment (FDI) flows.The government said the existing policy has been reviewed and amended to introduce clearer rules on determining the ‘beneficial owner’ of an investment and to streamline approvals in certain sectors.Unde…
New Delhi, Feb 25 (IANS) The government evaluated several infrastructure projects from Ministry of Railways, Ministry of Housing and Urban Affairs and Ministry of Civil Aviation, which are expected to boost logistics efficiency, reduce travel times, and deliver significant socio-economic benefits to the catchment areas of the project, it was announced on Wednesday.The 109th meeting of the Network Planning Group (NPG) was held at Department for Promotion of Industry and Internal Trade (DPIIT) to …
Chennai, Feb 15 (IANS) The fireworks industry of Tamil Nadu, grappling with prolonged regulatory and market challenges, has stepped up efforts to secure policy support from the Centre to help revive the sector.A senior representative of the industry said the sector has been passing through a difficult phase in recent years, impacted by tighter regulations, seasonal restrictions and reduced access to institutional benefits. In response, the association representing fireworks manufacturers has ini…
New Delhi, Feb 12 (IANS) Calling upon India’s technology sector to reset its ambitions towards a trillion-dollar opportunity by 2035, Union Commerce and Industry Minister Piyush Goyal said on Thursday that the industry must embrace reimagination to stay ahead in an era defined by artificial intelligence, data centres and clean energy. Launching the NITI Frontier Tech Hub’s roadmap report titled “Reimagination Ahead” in the national capital, the Union Minister said India should target at least 10…
New Delhi, Feb 10 (IANS) India has improved by 79 ranks in the ease of doing business (EoDB) during the last five years in the rankings published by the World Bank Group, Parliament was informed on Tuesday. Following the discontinuation of the Doing Business Report (DBR) in 2020, the World Bank launched the B-Ready Assessment in 2024 to evaluate 180+ countries over three years across 10 topics spanning the entire business lifecycle: Business Entry, Business Location, Utility Services, Labour, Fi…