Category: Business & Industry

Ministry of Commerce & Industry Cabinet approves Protocol for establishment of joint Economic and Trade Committee between India and Dominican Republic The Union Cabinet chaired by Prime Minister Shri Narendra Modi approved the proposal for signing of a protocol for establishment of Joint Economic and Trade Committee (JETCO) between the Department of Commerce, Ministry of…...

Ministry of Commerce & Industry Production Linked Incentive Schemes witness over Rs. 1.03 lakh crore of investment till Nov 2023 PLI Schemes lead to production/ sales of Rs. 8.61 lakh crore and employment generation of over 6.78 lakh PLI Schemes witness exports surpassing Rs. 3.20 lakh crore, with significant contributions from Large-Scale Electronics Manufacturing, Pharmaceuticals,…...

Ministry of Commerce & Industry India reinforces its status as a resilient global economy and a preferred investment destination at Davos The 54th World Economic Forum (WEF) Annual Meeting, set for January 15 to January 19, 2024, in Davos, Switzerland, brings forth a compelling narrative as India claims a spotlight under the overarching theme, "Building…...

Ministry of Commerce & Industry India’s merchandise exports in December 2023 registered 0.96% growth at USD 38.45 Billion over USD 38.08 Billion in December 2022. Major contributors to export growth in December 2023 include Engineering Goods, Iron Ore, Gems & Jewellery, Electronic Goods and Drugs & Pharmaceuticals. Engineering Goods exports in December 2023 record an…...

Ministry of Commerce & Industry 14th Ministerial-level meeting of the India-United States Trade Policy Forum (TPF) held in New Delhi Ministers committed to pursue foundation to launch future Joint Initiatives in certain areas, including critical minerals, trade facilitation, supply chains The Ministers agreed to establish a establish a Joint Facilitative Mechanism (JFM) to mitigate non-tariff…...

Ministry of Commerce & Industry Joint Statement on India - United States Trade Policy Forum The 14th Ministerial-level meeting of the India-United States Trade Policy Forum (TPF) was held in New Delhi, India on January 12, 2024. Minister of Commerce and Industry, India, Shri Piyush Goyal and U.S. Trade Representative, Ambassador Katherine Tai co-chaired the…...

Ministry of Commerce & Industry Government e Marketplace(GeM) at Vibrant Gujarat Summit 2024 The 10th Edition of the ‘Vibrant Gujarat Global Summit 2024’ is going on in full swing at the GIFT City, Gandhinagar, till January 12, 2024. The nation’s ‘largest-ever’ global trade show, which will witness the participation of 100 countries as visiting nations and…...

Ministry of Commerce & Industry India and UAE aspire to expand bilateral trade to US$ 100 Billion: Sh. Piyush Goyal Sh. Goyal highlights India-UAE collaboration like India-Middle East-Europe economic corridor and initiatives to promote Rupay and facilitate direct trade between rupee and dirham UAE India Business Summit to unlock vast potential in UAE-India partnership: Sh.…...

Ministry of Commerce & Industry Shri Piyush Goyal inaugurates Indus Food 2024; exhibition to showcase India's vibrant and diverse food ecosystem Sh. Goyal praises India's diverse food industry, emphasizing its potential to captivate global markets Sh. Goyal highlights 150% growth in processed food exports over the last 9 years and  US$ 53 Billion worth agri…...

Ministry of Commerce & Industry Sh. Piyush Goyal highlights whole-of-government approach introduced under leadership of Prime Minister, Shri Narendra Modi Sh. Goyal urges auto industry to achieve 50% share export share Mega exhibitions present India's strengths to the global market and position the country as an international player across industries: Sh. Goyal mini inister of…...