Startups will now be able to get themselves registered online in a day to avail of all the incentives through a dedicated portal and a mobile application for the same will be launched this week. The Department of Industrial Policy and Promotion (DIPP) has developed the portal to provide all infor…
Tag: Department of Industrial Policy and Promotion
Government to promote India as investment destination for startups
Government is preparing to launch a global campaign to hard sell India as attractive investment destination for startups and has invited proposals from creative agencies. The campaign will be launched in global as well as domestic markets across the media – print, electronic and social. …
Make in India week sees Rs. 15.20 lakh crore investments
The Make in India Week in Mumbai that showcased India’s manufacturing prowess, attracted Rs 15.20 lakh crore, Department of Industrial Policy and Promotion Secretary Amitabh Kant has said. “Make in India Week in Mumbai has been phenomenal hit. It has successfully brought manufacturing, design and…
Industrial corridors with top class infrastructure to shape India’s future
As the Make In India Week gathered momentum, investors, business persons and others listened as government officials laid threadbare the plans for India’s upcoming smart cities and industrial corridors. At a seminar on ‘Industrial Corridors: Drivers for India’s Economic Growth’, jointly organised…
‘Weaves of Banaras’ exhibition at Make in India week
Weavers of Banaras will showcase traditional weaving craft during the Make in India week in Mumbai beginning February 13. ‘Weaves of Banaras’, a special theme during ‘Make in India’ week, will exhibit the world famous craft and spirited skills of weavers of the city. Department of Industrial Poli…
Startup contest to be launched
The Department of Industrial Policy and Promotion is launching a contest for startup ideas in partnership with Qualcomm in the run-up to the Make in India Week to be held in Mumbai this month. The winner will be announced at the end of the Make in India Week and will get an equity investment of […
Exclusive | Outgoing MSME Secretary outlines what to expect in the Budget
For someone who drove positive change at the MSME Ministry, there is optimism in the air. His eyes are focused on February 29 even as he is set to move on. He believes the coming Union Budget would announce path breaking set of policies that would unlock the latent potential of the sector. Meet t…
‘Zero Defect, Zero Effect’ to raise quality levels in SME sector
After the successful launch of Start-Up India, another major initiative ZED would be rolled out soon. The acronym stands for zero defect, zero effect (on the environment) — high quality manufacturing that’s also green. It was first mentioned by PM in his Independence Day Speech in 2014. In …
Three-year tax holiday for startups
The three-year tax holiday proposed for startups in India will be available over a five year window, ensuring that innovators won’t lose the benefit even if they make a profit later, the government said. Those seeking the income tax exemption, announced in the Startup Action Plan on Saturda…
High–level inter-ministerial panel to nurture Start-Up India, Stand-Up India initiative
India plans to establish a high-level, inter-ministerial panel that will act as the fulcrum of the Modi government’s plan to create an ecosystem to nurture innovation. The panel will evaluate startup proposals to see if they qualify for incentives. Modi is planning a big-bang announcement d…