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Commerce and Industry

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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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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India Designated Country of the Year at BIOFACH 2026, Germany

India has been designated as the Country of the Year at BIOFACH 2026, the world’s leading trade fair for organic products, scheduled to be held from 10th to 13th February 2026 at Nuremberg, Germany. The Agricultural and Processed Food Products Export Development Authority (APEDA), under the Ministry of Commerce and Industry, Government of India, is organising India’s participation at BIOFACH ...

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SAMRIDH Programme Provides Financial Support to 373 Startups through Selected Accelerators

The Startup Accelerator of MeitY for Product Innovation, Development, and Growth (SAMRIDH) programme, aims to accelerate around 300 Startups through existing and upcoming Accelerators in Health-tech, Ed-tech, Agri-tech, Consumer-tech, Fin-tech, Software as a Service (SaaS), and sustainability. Under the SAMRIDH programme, 186 accelerators submitted Expressions of Interest, leading to the selection of 43 top accelerators across 16 states. (State-wise details ...

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The cumulative exports (merchandise & services) during April-December 2025 is estimated at US$ 634.26 Billion, as compared to US$ 607.93 Billion in April-December 2024, an estimated growth of 4.33%.

India’s total exports (Merchandise and Services combined) for December 2025* is estimated at US$ 74.01 Billion, registering a negative growth of (-)1.01 percent vis-à-vis December 2024. Total imports (Merchandise and Services combined) for December 2025* is estimated at US$ 80.94 Billion, registering a positive growth of 6.17 percent vis-à-vis December 2024. Table 1: Trade during December 2025*     December ...

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Third Edition of Handbook on India’s Strategic Trade Control System Released at NCSTC 2026

The Directorate General of Foreign Trade (DGFT), in collaboration with the Ministry of External Affairs (MEA), the Federation of Indian Export Organisations (FIEO), and other Government partners and industry stakeholders, organised the National Conference on Strategic Trade Controls (NCSTC) 2026 in New Delhi today. The Conference provided a platform for discussions on India’s Strategic Trade Control (STC) framework, including policies ...

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