New Delhi, April 26 (IANS) The FTA with New Zealand is expected to give a big push to India’s leather industry, which expects to grow to $50 billion by 2030, driven by a strategic shift from mass production to high-value-added manufacturing, the Ministry of Commerce and Industry said on Sunday. On the eve of the signing of the India-New Zealand Free Trade Agreement (FTA), Union Minister for Commerce and Industry Piyush Goyal and his New Zealand counterpart Todd McClay participated in an Indust…
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New Delhi, April 26 (IANS) India’s fast-growing digital market, if left unregulated, can seriously damage the country’s traditional retail structure, which remains one of the largest generators of self-employment and jobs, the Confederation of All India Traders (CAIT) said on Sunday, urging the government to roll out an enforceable National E-Commerce Policy to protect crores of small traders, neighbourhood shops, and the livelihoods of crores of employees.In a letter sent to Union Commerce …
New Delhi, April 25 (IANS) DRDO Chairman and Secretary, Department of Defence (R&D), Samir V. Kamat, on Saturday unveiled Advanced Armoured Platforms (Tracked and Wheeled), designed and developed by the Vehicles Research and Development Establishment, an official said. Speaking at the event organised at DRDO’s laboratory in Ahilyanagar, Maharashtra, Kamat said, “The Indian Army has tough specifications, so we have to meet them. This platform has to operate in deserts as well as in high-alt…
Thiruvananthapuram, April 24 (IANS) The CSIR-National Institute for Interdisciplinary Science and Technology (CSIR-NIIST), one of the country’s premier research institutions, located in the state capital, will host a Techno-Fest cum Customer Meet on May 11, to mark National Technology Day.The initiative is aimed at strengthening engagement with industry stakeholders and customers while providing a dynamic platform for knowledge exchange and collaboration.The event is expected to bring together…
Mumbai, April 22 (IANS) The Maharashtra government on Wednesday approved special incentives for 18 Mega and Ultra-Mega projects with a total investment of Rs 2,56,137.01 crore, with Chief Minister Devendra Fadnavis stating that the initiative is expected to generate over one lakh direct and indirect employment opportunities across the state.Chairing the 14th meeting of the Cabinet Sub-Committee on Industries, the Chief Minister said that the approved projects span across key thrust sectors and h…
New Delhi, April 22 (IANS) The government on Wednesday unveiled a revamped Rs 203 crore technology development and investment promotion (TDIP) Scheme for 2026–31, aimed at deepening India’s role in global telecom standard-setting, strengthening indigenous innovation and fast-tracking the development of next-generation technologies such as 6G.Union Minister for Communications and Development of North Eastern Region, Jyotiraditya M. Scindia, released the revised guidelines, positioning the sch…
New Delhi: India and South Korea have taken a major step toward strengthening their bilateral relationship, with Prime Minister Narendra Modi and South Korean President Lee Jae Myung announcing a comprehensive roadmap to deepen cooperation across trade, technology, and strategic sectors. The announcements came during President Lee’s first visit to India since assuming office, following delegation-level talks in New Delhi. During a joint press statement, the two leaders oversaw the exchange of mu…
New Delhi, April 21 (IANS) The government is preparing to roll out an expanded version of the India Semiconductor Mission ‘ISM 2.0’ likely by May, with a proposed outlay ranging between Rs 1 lakh crore and Rs 1.2 lakh crore.According to the NDTV Profit report, inter-ministerial consultations are currently underway, while the Ministry of Electronics and Information Technology (MeitY) is awaiting final approval from the Finance Ministry.The proposed allocation is significantly higher than the Rs 7…
New Delhi, April 21 (IANS) The Production Linked Incentive Scheme for Food Processing Industry (PLISFPI) has driven capacity expansion in food processing, job creation, and export growth, with beneficiaries receiving a total incentive of Rs 2,162.55 crore, the government said on Tuesday.Food processing and preservation capacity has grown by 34 lakh MT per annum, the official statement said, highlighting the scheme’s impact.A total of 165 applications have been approved, corresponding to 274 pr…
New Delhi, April 19 (IANS) Efficient and transparent access to industrial land is critical for accelerating investments, reducing project gestation periods, and positioning India as a competitive global manufacturing hub, a Confederation of Indian Industry (CII) report said on Sunday.The report, titled “CII Land Mission: Framework to Reform Industrial Land Management in India”, outlines a roadmap to address structural and procedural bottlenecks in India’s industrial land ecosystem.“India…