In a bid to give a boost to the export of Indian wine, the Agricultural and Processed Food Products Export Development Authority (APEDA), which works under the aegis of the Ministry of Commerce and Industry, facilitated participation of ten exporters in London Wine Fair, 2022. The London Wine Fair organised during June 7 – 9, which is regarded as one ...

Union Minister of State for Commerce & Industry Smt. Anupriya Patel launched the Indian Business Portal – An International Trade Hub for Indian Exporters and Foreign Buyers here today. FIEO in partnership with GlobalLinker, has designed and developed the “Indian Business Portal”, an International Trade Hub for Indian Exporters and Foreign Buyers. This is a B2B digital marketplace to empower ...

The Ministry of Coal organized the National Mineral Congress in Bhubaneswar today with the support of Power Ministry, Steel Ministry and Mines Ministry. Addressing the Congress through virtual mode, Shri Anil Kumar Jain, Secretary, Ministry of Coal, wished all success to the National Mineral Congress and hoped to get valuable outcome through the deliberations of the stakeholders. Addressing the National ...

The import policy of major paper products has been amended from ‘Free’ to ‘Free subject to compulsory registration under Paper Import Monitoring System’. A notification to this effect has been issued by DGFT  This order shall be applicable on a range of paper products, such as newsprint, handmade paper, wallpaper base, duplicating paper, coated paper, uncoated paper, Litho and offset ...

 National Aluminium Company Limited (NALCO), the Navratna CPSE, under the Ministry of Mines, Government of India,has surpassed several milestones in its journey of business excellence during the Financial Year 2021-22. Showing robust performance across all its business units, the company has posted its best-ever annual production and sales in FY21-22, registering highest ever revenue from operations and highest ever net ...

India has recorded highest ever annual FDI inflow of USD 83.57 billion in the Financial Year 2021-22. In 2014-2015, FDI inflow in India stood at mere 45.15 USD billion as compared to the highest ever annual FDI inflow of USD 83.57 billion reported during the financial year 2021-22 overtaking last year’s FDI by USD 1.60 billion despite military operation in ...

Presently, there are 425 formally approved Special Economic Zones (SEZs) in the country.  As on date, 376 SEZs are notified and 268 SEZs are operational. SEZs are primarily private investment driven initiatives. The delay in setting up of and operationalizing SEZs could be attributed to several reasons including adverse business climate due to changed global economic situation, changes in fiscal ...

The details of patents filed in India over the last five years is as below: Financial Year 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 (Upto 31st Jan, 2022) No. of   applications   filed 45444 47854 50659 56267 58503 51940 The number of patents filed by Indians in India over the last five years is as under, which shows steady increase: Financial ...

Foreign Direct Investment inflows (FDI) has shown a continuous increase from US$ 45.15 billion in 2014-15 to US$ 81.97 billion in 2020-21. During the last five financial years, Foreign Direct Investment (FDI) inflows worth US$ 339.55 billion have been reported into India. The financial year wise details are as under: S. No. Financial Year Amount of FDI inflows (in US$ ...

Contribution of logistics sector in overall GDP is not compiled at present.  However, sector-wise Gross Value Added (GAV) for the last three years is given below: (Value in Rs Crore)   S.No.   Sector At current prices 2018-19 (3rd RE) 2019-20 (2nd RE) 2020-21 (1st RE) 1 Railways 1,23,596 1,35,477 1,36,807 2 Road Transport 5,36,552 5,65,438 4,47,164 3 Water Transport 13,059 13,350 13,418 ...