Union Minister of Commerce & Industry and Civil Aviation today chaired a meeting of different exports stakeholders and Commerce Ministry officers to discuss a strategy for revitalizing India’s exports and doubling the country’s exports by 2025. The Minister said that this is necessary in view of challenges like uncertainty of global trade, rigid approach of banks affecting availability of ...

What grows out of ‘land’ and ‘water’ in the air of Odisha has succeeded in creation of sustainable self- employment programs in the state. However, for the future, where not only new opportunities are emerging to achieve ‘leap-frog’ economic growth but also the ‘needs and wants’ of the youth are changing, building a sustainable self-employment and entrepreneurship model would require ...

A National Logistics Portal is being developed by the Ministry of Commerce and Industry to ensure ease of trading in the international and domestic markets. The portal will link all the stakeholders of EXIM, domestic trade and movement and all trade activities on a single platform.  In this year’s budget speech, Finance Minister had announced that the Department of Commerce ...

 The official Wholesale Price Index for ‘All Commodities’ (Base: 2011-12=100) for the month of July, 2018 rose by 0.4  percent to 119.7 (provisional) from 119.2 (provisional) for the previous month.   INFLATION   The annual rate of inflation, based on monthly WPI, stood at 5.09% (provisional) for the month of July, 2018 (over July, 2017) as compared to 5.77% (provisional) ...

  MERCHANDISE TRADE EXPORTS (including re-exports) Exports during July 2018 were valued at US $ 25.77 Billion as compared to US $ 22.54    Billion during July 2017 exhibiting a positive growth of 14.32 per cent. In Rupee terms, exports were valued at Rs. 1,77,041.47crore in July 2018 as compared to Rs. 1,45,308.10crore during July 2017, registering a positive growth ...

  Odisha is backed by a stable Government, Proactive leadership and host of team activities to make a conducive business climate. It has always endeavored to provide a hassle-free business environment to investors. To ensure this environment, a number of reforms have been carried out in Odisha. Dr. Sukanta Mishra, a reputed Management Consultant, has made the SWOT analysis of ...

Indian footwear Industry has a huge potential for export and employment generation said Union Minister of Commerce & Industry and Civil Aviation. He was speaking at the inaugural programme of the 4th India International Footwear Fair 2018 (IIFF) at PragatiMaidan in New Delhi today. India will soon become a global hub for manufacturing of footwear to cater to growing demand. ...

Invest India has joined hands with energy sector companies to offer a unique lab-to-market opportunity for Indian startups through the Integrate to Innovate Programme. Integrate to Innovate is a 3-month corporate acceleration programme for energy startups housed at the corporate premises. The application for the programme is hosted on Startup India Hub – an online platform bringing together all stakeholders ...

The production of raw cashew nuts in India during 2017-18 has increased to all time high at 8.17 lakh metric tonneand registered growth of 4% compared to previous   production of 7.79 lakh metric tonneand 21 % increase compared to 2015-16 production of 6.70 lakh metric tonne. However, due to shortage of sufficient quantity of raw cashew nut and higher price ...

The State Level Single Window Clearance Authority Meeting held under the Chairmanship of Chief Secretary Sri Aditya Prasad Padhi accorded in principle approval to 4 investment proposals envisaging investment of around Rs.349 cr.  These projects, mainly in pharmaceuticals, textiles, downstream industries in metals and minerals sectors would create employment opportunities for more than 6000 people. The meeting was held today ...