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…
Latest Ministry of Commerce & Industry News & Updates
New Delhi, May 19 (IANS) Commerce and Industry Minister Piyush Goyal on Tuesday chaired a review meeting on Startup India Fund of Funds 1.0 and 2.0 to discuss strategies for strengthening India’s startup and innovation landscape.Deliberations focused on enhancing support for deep-tech, innovation-driven and manufacturing startups, expanding access to capital, encouraging greater private sector participation and promoting inclusive growth across Tier 2 and 3 cities, said the minister on X.“Also…
New Delhi, May 16 (IANS) Government e Marketplace (GeM) observed its Incorporation Day 2026 on Saturday, marking its continued role in supporting India’s public procurement by enhancing transparency, efficiency and technology-driven governance, an official statement said.The portal now hosts over 1.36 lakh government buyers and nearly 25 lakh sellers and service providers, with nearly 72 per cent of active sellers comprising micro and small enterprises, the statement from the Ministry of Commerc…
Mumbai, May 15 (IANS) India reaffirmed its commitment to boost credibility, compliance and consumer confidence in the natural diamond sector as the Kimberley Process Intersessional Meeting 2026 concluded here under India’s chairship, the government said on Friday.The four‑day meeting brought together Kimberley Process participants, observers, industry stakeholders and civil society organisations to advance discussions on monitoring, technical processes, governance, statistics and artisanal p…
New Delhi, April 17 (IANS) The government on Friday announced that it has recognised more than 55,200 startups during the financial year 2025-26, marking the highest number in a single year since the launch of the Startup India initiative.The strong growth highlights the continued expansion of India’s startup ecosystem, supported by policy push, funding support and increasing participation from entrepreneurs across the country.The initiative, launched on January 16, 2016, aims to build a robus…
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…
New Delhi, March 27 (IANS) India’s Production Linked Incentive (PLI) schemes have generated investments exceeding Rs. 2.16 lakh crore, driven incremental production and sales of over Rs. 20.41 lakh crore and created over 14.39 lakh direct and indirect jobs across 14 sectors, the government said on Friday.As many as 836 applications have been approved under the PLI framework and the schemes have strengthened domestic manufacturing capacity, enhanced exports and reduced import dependence in stra…
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…
Amaravati, Feb 3 (IANS) Andhra Pradesh Chief Minister N. Chandrababu Naidu on Tuesday hailed the India-US trade deal as a “historic milestone” for global economic stability.He congratulated Prime Minister Narendra Modi on concluding this “landmark” trade agreement with the US. “Reducing tariffs to 18% is a visionary move that strengthens the bond between the world’s two greatest democracies and ensures continued global growth,” said the Chief Minister.“Under the PM’s leadership, …
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…