The Government has recognized more than 55,200 startups during Financial Year 2025-26, marking the highest number of startups recognized in a single year since the launch of the Startup India initiative. The Startup India initiative was launched on 16th January 2016 with an Action Plan comprising schemes and incentives aimed at creating a robust ecosystem for nurturing innovation, encouraging private ...
Read More »Commerce and Industry
START-UP in Odisha: Can we afford to lose
Everybody can survive in start-up market as long as one does it with patience and perseverance. The next phase of Odisha’s start-up journey then is unlikely to be louder. But it will be sturdier. As founders trade adrenaline for architecture, the ecosystem is beginning to resemble what it long aspired to be, economically relevant, institutionally credible and built to last. ...
Read More »Prospects of Sunrise Industries in Odisha
Odisha is now a favoured destination for investors for setting up of various sunrise industries. A sunrise industry is characterised by significant future potential, higher investment level, newer technology, rapid innovation and high growth rate. In view of transforming our nation to “Viksit Bharat by 2047”, our state Odisha also has envisioned to make the state “Samruddha state by 2036”. ...
Read More »India’s Total Exports Rise to USD 714.73 Billion in FY 2025–26 (Apr–Jan)
India’s trade performance has remained robust and resilient, with exports recording a steady upward trajectory both in the current fiscal year (FY 2025–26, Apr–Jan) and over the longer term (FY 2021–25). Despite persistent global uncertainty, supply chain disruptions, and volatile commodity prices, India’s exports have continued to expand in a broad-based manner. During Apr–Jan of FY 2025–26, total exports of ...
Read More »NICDC to Anchor Implementation of BHAVYA Scheme for Development of 100 Industrial Parks
The National Industrial Corridor Development Corporation (NICDC), under the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, Government of India, will anchor the implementation of the BHAVYA scheme aimed at developing 100 plug-and-play industrial parks across the country under the National Industrial Corridor Development Programme (NICDP). Under the BHAVYA scheme, NICDC will develop industrial ...
Read More »QUICK ESTIMATE OF INDEX OF INDUSTRIAL PRODUCTION AND USE-BASED INDEX FOR THE MONTH OF JANUARY 2026
(BASE 2011-12=100) Index of Industrial Production (IIP) recorded a 4.8 % year-on-year growth in January 2026, supported by 4.8% growth in Manufacturing sector and 5.1% growth in Electricity sector. The Quick Estimate of Index of Industrial Production (IIP) is released on 28th of every month (or next working day if 28th is a holiday). The index is compiled with data received from ...
Read More »Terms of Reference Signed for India–Canada Comprehensive Economic Partnership Agreement
India and Canada launched negotiations for the Comprehensive Economic Partnership Agreement (CEPA) today in New Delhi and decided to finalise it soon. The Terms of Reference (ToR) for the India-Canada Comprehensive Economic Partnership Agreement (CEPA) were signed by Shri Piyush Goyal, Minister of Commerce & Industry and Mr. Maninder Sidhu, Minister of International Trade of Canada on 2nd March 2026 and ...
Read More »India’s Trade Partnerships Powering Global Integration and Growth
Key Takeaways India ranks 3rd among Global South economies in trade partnership diversity (UNCTAD Trade and Development Report 2025) “Mother of All Deals” India-EU FTA concluded in January 2026 In FY 2025-26, India concluded FTAs with the United Kingdom (UK), Oman and New Zealand India concluded 1st round of Israel FTA and formally launched trade negotiations with GCC in February 2026 India is expanding its trade negotiations agenda with ...
Read More »Travelling Across the Industrial Corridors of India
Key Takeaways Union Budget 2026-27 announced the development of an integrated East Coast Industrial Corridor with a well-connected node at Durgapur. A range of projects across 11 Industrial Corridors are currently under implementation, with 4 projects completed and 4 nearing completion. ₹3,000 crore under the Budget Estimates 2026-27 allocated to National Industrial Corridor Development and Implementation Trust (NICDIT) Introduction In recent times, Industrial corridors have surfaced as a central strategy ...
Read More »Creative Industries as Growth Engines
The twenty-first century is being shaped as much by imagination as by industry. Economic strength is no longer measured only in factories and freight corridors, but in intellectual property, digital platforms, and cultural influence. Ideas travel faster than goods, narratives move markets, and creative ecosystems increasingly determine how nations are seen, heard, and partnered globally. In this environment, the creative ...
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Indian Industry Plus A Pratisrutiplus Suppliment