Ministry of Commerce & Industry Centre for Trade and Investment Law at IIFT, celebrates its 6th Anniversary Centre for Trade and Investment Law instrumental in developing the country’s global trade policy The Centre for Trade and Investment Law (CTIL), established by the Ministry of Commerce and Industry at the Indian Institute of Foreign Trade (IIFT),…...
Ministry of Commerce & Industry azadi ka amrit mahotsavg20-india-2023 Centre for Trade and Investment Law at IIFT, celebrates its 6th Anniversary Centre for Trade and Investment Law instrumental in developing the country’s global trade policy Posted On: 09 AUG 2023 2:32PM by PIB Delhi The Centre for Trade and Investment Law (CTIL), established by the Ministry of Commerce and Industry at the Indian Institute of Foreign Trade (IIFT), New Delhi celebrated its 6th Anniversary and released the Sixth Anniversary issue of CTIL Magazine on August 4, 2023 at New Delhi. The event was graced by Attorney General of India, Shri R. Venkataramani; Secretary, Department of Commerce, Shri Sunil Barthwal; Additional Secretary, Department of Commerce, Shri Peeyush Kumar and Vice-Chancellor, IIFT, Prof. Satinder Bhatia. The event marked six years of the foundation of CTIL. CTIL was established by Department of Commerce, for enhancing capacity on legal issues pertaining to international trade and investment law. CTIL serves as a repository of information on trade and investment law and has emerged as a thought leader in engaging in and influencing the evolving discourse on global economic law issues. Shri R. Venkataramani in his keynote address underlined the need to create a global investment law which reflects the sensitivities and priorities of developing countries. The Attorney General noted that it is time to come out with a New Delhi Declaration on a new and alternative paradigm in determining investment protection and facilitation. Shri Sunil Barthwal highlighted the importance of expertise in both law and economics for the Department of Commerce. He underscored that CTIL is instrumental in developing the country’s global trade policy. He mentioned that the researchers at CTIL have a rare opportunity to contribute to the country’s policy making and being involved in the most contemporaneous issues being discussed in the field of trade and investment law. Shri Peeyush Kumar appreciated CTIL’s ability to develop a body of trade law expertise and conduct evidence-based research which has been valuable to the Department of Commerce. He highlighted the role of the Centre acquiring capacity to emerge as a global think-tank. Prof. Satinder Bhatia stressed on the importance of making regional blocs more investor friendly to increase both India’s inward and outward investments. Head, CTIL, Prof. James Nedumpara presented a report on the activities of the Centre.
Read More
GeM celebrates 7th Foundation Day marking unprecedented achievements
Ministry of Commerce & Industry GeM celebrates 7th Foundation Day marking unprecedented achievements GeM becomes one of the largest public procurement portal both in transaction value and breadth of the buyer-seller ecosystem As Government e-Marketplace (GeM) commemorates its 7th Foundation Day, it stands tall as a beacon of progress in India's public procurement landscape. GeM…...
Government focusing on multilateral and bilateral commercial relations, trade facilitation, industrial development, investments in new and upcoming technology
Ministry of Commerce & Industry Government focusing on multilateral and bilateral commercial relations, trade facilitation, industrial development, investments in new and upcoming technology Key measures and initiatives to promote exports and enhance market access through Periodic engagement at G-G level with partner countries Government has undertaken significant initiatives to promote economic growth besides converting the…...
Make in India initiative to make India a hub for manufacturing, design and innovation
Ministry of Commerce & Industry Make in India initiative to make India a hub for manufacturing, design and innovation FDI equity inflow in manufacturing sector between 2014-2022 increases by 57% over previous 8 years, 2006-2014, due to Make in India Make in India initiative was launched on September 25, 2014, to facilitate investment, foster innovation,…...
Agricultural & Processed Food Products Export Development Authority promotes export of millets
Ministry of Commerce & Industry Agricultural & Processed Food Products Export Development Authority promotes export of millets Govt. implements a multi-stakeholder approach towards celebration of International Year of Millets-2023. The Agricultural & Processed Food Products Export Development Authority (APEDA) has the mandate to promote export of millets. APEDA provides assistance to registered exporters of millets…...
Union Commerce and Industry Minister Shri Piyush Goyal participates in the 7th BRICS Industry Ministers’ meeting
Ministry of Commerce & Industry Union Commerce and Industry Minister Shri Piyush Goyal participates in the 7th BRICS Industry Ministers’ meeting India to launch BRICS Startup Forum in 2023 for facilitating collaboration among startups, investors, incubators and aspiring entrepreneurs: Shri Piyush Goyal Shri Piyush Goyal reiterates India’s commitment to "Vasudhaiva Kutumbakam" as a responsible global…...
Ministry of Commerce & Industry azadi ka amrit mahotsavg20-india-2023 APEDA facilitates export of first trial shipment of fresh pomegranate to USA via air Increase in pomegranate exports to USA would result in higher price realisation and increase in farmers’ income Encouraging response from importers in USA Posted On: 08 AUG 2023 1:33PM by PIB Delhi In a major boost to fruits exports prospects, Agricultural and Processed Food Products Export Development Authority (APEDA), which works under the aegis of Ministry of Commerce and Industry, has facilitated the export of the first trial shipment of fresh pomegranate to the USA through air route. The first export consignment of pomegranate to USA was initiated by APEDA in collaboration with National Plant Protection Organization (NPPO) of India, the US’s Animal & Plant Health Inspection Service (US-APHIS), Maharashtra State Agricultural Marketing Board (MSAMB), ICAR-National Research Centre on Pomegranate, Solapur (NRC-Solapur) and others. Chairman, APEDA, Shri Abhishek Dev said that the increase in pomegranate exports to the USA would result in higher price realisation and increase in farmers’ income. There has been encouraging response from the importers of the pomegranate shipment. The trial shipment of pomegranate was carried out by the APEDA registered ‘INI Farms’, which is amongst the top exporters of fruits and vegetables from India. It has built a value chain of banana and pomegranate by working directly with farmers. As a part of Agrostar group, complete services from agronomy, agri-inputs and off-take is provided to farmers with the produce exported to over 35 countries across the world. As the long-distance market and high cost was prohibitive in commencing commercial operations, the export of trial shipment of pomegranate would help in building capacities amongst Indian exporters and US importers by ensuring that quality fruits are exported. Buoyed over the acceptance of Indian mangoes in US markets, exporters are hopeful that pomegranate would also become a successful product in the USA. For ensuring traceability in the export value chain of pomegranate, APEDA organizes sensitisation programmes on a regular basis in association with state governments to register farms under AnarNet – a system developed by APEDA. APEDA has played a significant role in gaining market access by opening the pathway to allow high quality Indian pomegranates in USA and Australia. Because of its high antioxidant content and super fruit characteristics, ‘Bhagwa’ pomegranate from Maharashtra has a substantial export potential. The ‘Bhagwa’ variety of pomegranate has substantial demand in the overseas markets. The Solapur district in Maharashtra contributes almost 50 percent of the pomegranate export from the country. In 2022-23, 62,280 metric tonne of pomegranate worth USD 58.36 million was exported to the countries including United Arab Emirates (UAE), Bangladesh, Nepal, Netherlands, Saudi Arabia, Sri Lanka, Thailand, Bahrain, Oman. India is the second largest producer of horticulture crops. In 2021-22, India recorded a total 333.20 million metric tonne (MMT) production of horticulture crops out of which the share of fruits and vegetables is 90%. The total production of fruits during 2021-22 was 107.10 MMT and pomegranate accounted for around 3 MMT. India ranks seventh in production of pomegranate in the world and the total area under cultivation is around 2,75,500 hectares. In India, the major pomegranate producing states are Maharashtra, Gujarat, Karnataka, Rajasthan and Andhra Pradesh. APEDA has formed Export Promotion Forums (EPF) for Pomegranate to give an impetus to exports of pomegranate and remove bottlenecks of the supply chain. The EPF has representatives of the Department of Commerce, Department of Agriculture, state governments, national referral laboratories and top ten leading exporters of the product. In a continuous process, APEDA has taken several initiatives to address the concerns of the pomegranate value chain from pre production, production, post-harvest, logistics, branding, to marketing activities. Besides, establishing more than 250 export oriented European Union compliant pack houses in the private sector, financial assistance has also been provided to state governments under Common Infrastructure Development augment capacity infrastructures for exports. APEDA has chalked out strategies for country-specific export promotional programmes and organized International Buyer Seller Meets for EU countries, Middle East and South East Asian countries to tap export potential in new markets. The rise in the export of agricultural and processed food products is the outcome of APEDA’s various initiatives taken for the export promotion of agricultural and processed food products such as organising B2B exhibitions in different countries, exploring new potential markets through product-specific and general marketing campaigns by the active involvement of Indian Embassies. APEDA also organized a conference on the boosting export potential of natural, organic and GI-agro Products from the north-eastern states in Guwahati, Assam. The objective of the conference is to promote the export of natural, organic and GI agro-products grown in Assam and neighbouring states by creating international market linkages. In collaboration with the Union Territory of Ladakh, APEDA recently organized an International Buyer Seller Meet, which aimed at boosting exports of Apricots and other agri-products from Ladakh. Eighteen entrepreneurs from UTs of Ladakh and Jammu and Kashmir displayed a range of Apricots and other Agri Products. Twenty buyers from India, USA, Bangladesh, Oman and UAE participated in this event.
Ministry of Commerce & Industry APEDA facilitates export of first trial shipment of fresh pomegranate to USA via air Increase in pomegranate exports to USA would result in higher price realisation and increase in farmers' income Encouraging response from importers in USA In a major boost to fruits exports prospects, Agricultural and Processed Food Products…...
Union Commerce and Industry Minister Shri Piyush Goyal participates in the 13th BRICS Trade Ministers’ Meeting
Ministry of Commerce & Industry Union Commerce and Industry Minister Shri Piyush Goyal participates in the 13th BRICS Trade Ministers' Meeting Shri Piyush Goyal touches upon issues related to WTO, Supply chain, Digitalisation, MSMEs and Mispricing and under-invoicing in the meeting Shri Piyush Goyal extends strong support to BRICS spirit of equality, openness, inclusiveness, consensus,…...
5th India-Vietnam Joint Trade Sub-Commission meeting in New Delhi
Ministry of Commerce & Industry 5th India-Vietnam Joint Trade Sub-Commission meeting in New Delhi Both sides agree to explore direct shipping services, collaboration in freight movement and improving air connectivity to overcome logistics challenges The 5th meeting of India-Vietnam Joint Trade Sub-Commission (JTSC) was held in New Delhi today. The meeting was co-chaired by the Additional…...
Fresh guidelines for tyre manufacturers by Ministry of Commerce and Industry
Ministry of Commerce & Industry Fresh guidelines for tyre manufacturers by Ministry of Commerce and Industry The Indian tyre industry has been witnessing a rise in the demand for production of tyres for export and domestic sales. The increasing ownership of vehicles aids the tyre industry. There is also a surge in demand for tyres…...