Latest Department for Promotion of Industry and Internal Trade News & Updates

Jammu/Srinagar, June 8 (IANS) J&K government on Monday held a UT level workshop on Industrial corridors, ‘Plug & Play infrastructure’. The Department of Industries & Commerce, Government of Jammu & Kashmir on Monday organised a UT level Internal Consultative workshop at the Convention Centre, Jammu, on the theme “Industrial Corridors & Plug-and-Play Infrastructure: State Readiness for Global Manufacturing.”The workshop was held as part of a structured consultation pro…

New Delhi, June 8 (IANS) Commerce Minister Piyush Goyal on Monday said India’s 7.7 per cent GDP growth reflected sustained policy interventions and economic reforms undertaken by the government over the past decade, which have ensured that the country remains the fastest-growing economy. “I don’t think any of you would have imagined that last year would close with a GDP growth of 7.7 per cent. This is not an accident, it is a decade of structural reforms,” he said.The minister launched the BHAVY…

New Delhi, May 23 (IANS) The Governing Body Meeting of intergovernmental body Asian Productivity Organization concluded here after three days of deliberations, reviewing Vision 2030 roadmap and institutional performance measures, an official statement said on Saturday.The meeting — hosted by the National Productivity Council under the Department for Promotion of Industry and Internal Trade (DPIIT) — reviewed priorities and informed member economies about GAIA (Genuine AI Action) for AI‑drive…

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…

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…