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Commerce and Industry

Relaxation of FDI Norms 

Review of Foreign Direct Investment (FDI) policy is an ongoing process and changes are made in the FDI policy regime, from time to time, to ensure that India remains an attractive investment destination. FDI in various sectors is allowed in a calibrated manner after having intensive consultations with stakeholders including concerned Ministries and Departments, State Governments, apex industry chambers, associations ...

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Startup Development Cells to be set up in State

           While interacting with the startups, Capt. Divya Shankar Mishra, Minister, MSME, Energy, Industries & Home reiterated that development of startup eco-system remains the top priority of government and in the next phase it will be expanded to districts by setting up of Startup Development Cells. He added that all possible support will be given to startups to scale up ...

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Interaction on Trade and Economic Cooperation with Ambassadors and High Commissioners of European and Oceania Countries 

European and Oceania countries are major trading partners and major sources of investments for India and there is huge untapped potential that can be achieved. India has made efforts in the recent past to take economic ties to the next level and have some sort of broad based comprehensive trade agreement. There is a need to take these efforts to ...

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GI Certification for five varieties of Indian coffee 

The Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, Government of India has recently awarded Geographical Indication (GI) to five varieties of Indian coffee. They are: Coorg Arabica coffee is grown specifically in the region of Kodagu district in Karnataka. Wayanaad Robusta coffee is grown specifically in the region of Wayanad district which is situated on the ...

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India’s Foreign Trade: February 2019 

India’s overall exports (Merchandise and Services combined) in April-February 2018-19* are estimated to be USD 483.98Billion, exhibiting a positive growth of 8.73per cent over the same period last year. Overall imports in April-February2018-19* are estimated to be USD 577.31Billion, exhibiting a positive growth of 9.42per cent over the same period last year. *Note: Services data pertains to April-January 2018-19 as ...

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Export of Grapes 

The details of the quantum and value of grapes and its products exported from the country during the last three years and the current year are as under: Quantity in MT, Value in USD Million   2015-16 2016-17 2017-18 2018-19 (April-November) Product Quantity Value Quantity Value Quantity Value Quantity Value Grapes, Fresh 132647.60 203.16 198471.30 268.29 188221.18 294.59 40581.92 52.35 ...

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12th Regional Standards Conclave held in Odisha 

 The BIS Act 2016 lays down the framework for Standards development and delivery in India. The products, process, the service, delivered in the country, should be of high quality and meet the expectation of both consumers and producers. This was stated by Director General, BIS, Ms. Surina Rajan, while addressing the inaugural session of 12th Regional Standards Conclave in Odisha ...

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Production and Export of Mangoes 

The details of India’s exports of mangoes during the last three years and the current year are as under: Quantity (in MT); Value (in Million USD)   ITCHS   COMMODITY DESCRIPTION 2015-16 2106-17 2017-18 2018-19 (UPTO Nov-18)* Quantity Value Quantity Value Quantity Value Quantity Value 08045020 MANGOES FRESH 36779.26 50.10 52761.00 66.46 49671.32 59.45 43063.70 53.80 08045030 MANGOES SLICED DRIED ...

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Commerce & Industry Minister Releases Compendium of Cement Industry

Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu released the compendium on “The Cement Industry – India 2018” in New Delhi today. The compendium has been prepared by National Council for Cement and Building Materials (NCCBM), in association with cement section of Department for Promotion of Industry and Internal Trade (DPIIT). It contains key information about technology ...

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Commerce Ministry holds National Workshop on Agri Export Policy 

 The first national workshop on the agri export policy, approved by Cabinet recently, was held in New Delhi today. The workshop was inaugurated by the Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu. Minister of State for Commerce & Industry, C. R. Chaudhary, Secretary Department of Commerce, Dr. Anup Wadhawan, senior officials of various departments of Government ...

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