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…
Latest Department for Promotion of Industry and Internal Trade News & Updates
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…
New Delhi, Jan 29 (IANS) The government has released a Concept Note proposing amendments to the Designs Act, 2000, to modernise India’s design protection framework and align it with international best practices, an official statement said on Thursday.The Concept Note released by Department for Promotion of Industry and Internal Trade (DPIIT) proposed India’s accession to the Riyadh Design Law Treaty (DLT) and the Hague Agreement Concerning the International Registration of Industrial Designs…
Aizawl, Jan 28 (IANS) Mizoram Chief Minister Lalduhoma on Wednesday stressed the need to promote entrepreneurship and startup ventures in the state, saying that the people of Mizoram possess the skills and talent required to undertake industrial and business initiatives. As the Mizoram Startup Mission under the Planning & Programme Implementation Department, in collaboration with the Department for Promotion of Industry and Internal Trade (DPIIT), organised a startup-related event, the Chief…
New Delhi, Jan 23 (IANS) The Centre’s One District- One Product (ODOP) initiative has been expanded, as on December 2025, to over 770 districts, which have now become economic hubs that are enabling local farmers and artisans to produce for global markets, according to an official statement issued on Friday.The initiative identifies one unique product in every district of the state, provides it with branding, market access, institutional support, and visibility, and empowers the community behi…
New Delhi, Jan 15 (IANS) Startups are increasingly bridging India’s rural-urban divide by deploying solutions across agri-tech, telemedicine, microfinance, tourism, and ed-tech, directly addressing developmental gaps and supporting rural livelihoods, an official statement said on Thursday, ahead of the National Startup Day.Notably, women-led startups are emerging as a key driver of inclusive and regionally balanced growth, with more than 45 per cent of recognised startups having at least one-w…