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 of Commerce 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, April 30 (IANS) The Department of Commerce on Thursday notified the revised schedules under the Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme as part of the strategy to help the country’s export sector amid global disruptions due to the Middle East conflict.The revisions pertain to DTA exports and for exports by Advance Authorisation (AA), Export Oriented Units (EOUs), and Special Economic Zone (SEZ) units, in line with amendments made in the First Schedule to t…
New Delhi, April 29 (IANS) India is targeting $2 trillion in total exports by 2030–31, comprising $1 trillion in merchandise exports and $1 trillion in services exports, the government said on Wednesday.The Department of Commerce has developed a structured Export Monitoring Framework, which breaks down the national target into sector-wise actions across Engineering Goods, Textiles, Electronics, Pharmaceuticals, Chemicals and Services, said Commerce Minister Piyush Goyal who chaired a high-leve…
New Delhi, April 22 (IANS) The Department for Promotion of Industry and Internal Trade (DPIIT) is actively implementing a range of regulatory and facilitative measures to ensure continuity of industrial activities, maintain supply chain stability, and support key manufacturing amidst the evolving West Asia situation, according to an official statement issued on Wednesday.The measures aim to ensure the uninterrupted availability of fuel and essential inputs while addressing operational challenges…
New Delhi, April 21 (IANS) High Commissioner of India to Singapore, Shilpak Ambule, on Tuesday said that India is well-positioned to emerge as a strategic supplier of food and agricultural products, addressing food security concerns and evolving demands of Singapore’s cosmopolitan and premium consumer market.The High Commissioner made the comment at the Food & Hospitality Asia (FHA) show in Singapore Expo during the inaugural edition of Indusfood Asia hosted by the Trade Promotion Council …
Washington, April 20 (IANS) India and the United States began a fresh round of trade negotiations here on Monday aimed at giving a final shape to the much-awaited trade deal between the two countries.A team of around a dozen Indian officials arrived in the US capital for the three-day talks scheduled from April 20 to 22. The delegation is led by India’s chief negotiator, Darpan Jain, an Additional Secretary in the Department of Commerce, along with representatives from the Customs Department a…
New Delhi, April 19 (IANS) A team of around a dozen Indian officials is set to arrive in Washington, D.C. on April 20 for a three-day round of negotiations with US authorities, marking the next step in discussions on the first phase of a proposed bilateral trade agreement (BTA). The talks, scheduled from April 20 to 22, will be led by India’s chief negotiator Darpan Jain, an additional secretary in the Department of Commerce, along with representatives from the customs department and the exter…
New Delhi, April 15 (IANS) The government on Wednesday launched a redesigned website and bilingual mobile application for the Department of Commerce, offering exporters, importers, and trade stakeholders a single, integrated gateway to trade-related information, government services, and real-time data, the Ministry of Commerce & Industry said.The new platform is fully compliant with the Digital Brand Identity Manual (DBIM) 3.0 and the Guidelines for Indian Government Websites (GIGW), and sup…
Washington, April 9 (IANS) India and the United States stepped up engagement across trade, defence and critical technologies as Foreign Secretary Vikram Misri held a series of high-level meetings in Washington during his three-day visit.The talks spanned the Pentagon and the Department of Commerce, alongside a public-facing push to expand trade ties through a new digital platform.Misri joined Ambassador Vinay Kwatra to launch the India–USA Trade Facilitation Portal, described by the Indian Emb…