With Industrial Revolution 4.0 knocking on doors, Department of Industrial Policy and Promotion (DIPP) is gearing up to step up the 1991 Industrial Policy of India with its thought over mid and long-term targets for the new industrial policy. The reforming new industrial policy for a “future read…
Tag: Make In India
#UPBudget: Rs 50 cr of whopping Rs 3,84,659.71 cr budget allocated for industrial development
Chief Minister Yogi Adityanath-led Government of Uttar Pradesh has introduced the first budget of the new CM’s tenure in Assembly. Presenting the budget for fiscal year 2017-18, Finance Minister Rajesh Agrawal said the main objective of the Budget is to push the state growth in next 5 years…
Yogi Adityanath urges SIDBI to set aside Rs 200 cr for start-ups in UP
The Yogi Adityanath government in Uttar Pradesh has urged the Small Industries Development Bank of India (SIDBI) to institute a start-up fund for promoting micro, small and medium enterprises (MSMEs) within the state. Sidbi Deputy Managing Director Ajay Kumar Kapur, said on July 7 that the propos…
Govt seeks suggestions to formulate new industrial policy
The new policy also aims at aligning with the government’s flagship programmes such as Make in India, Skill India, Startup India and the foreign direct investment norms.
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New UP Industrial Policy round the corner with mega sops for SMEs
The Yogi Adityanath-led government aims to not only ease the doing of business, but is also offering surplus sops to businesses willing to set-up in state, post new policy.
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#TextilesIndia2017: 65 domestic & international MoUs inked in a major boost to textiles sector
In a move to develop and promote the textiles industry of India, a total of 65 MoUs were signed as part of the Textiles India 2017 Summit between various domestic and international organisations in the presence of Union Textiles Minister Smriti Irani and MoS Ajay Tamta. The signed MoUs include th…
Ancillary units should expand business activities: Nirmala Sitharaman
Union Minister of State for Commerce and Industry Nirmala Sitharaman on June 23 called upon the ancillary units of BHEL to diversify and expand their business activities in various areas and supply products without remaining dependent on the strength of the public sector giant. Speaking…
DIPP constitutes 6 groups for preparing new industrial policy
The commerce and industry Ministry has constituted six groups for preparing a framework for the country’s new industrial policy that includes taxation, MSME and innovation, among others. The Department of industrial Policy and Promotion (DIPP), under the commerce ministry, is working on thi…
Make in India programme for SMEs in pharma sector a mirage: Anjan K Roy
Union government’s Make in India programme is just a mirage for the small and medium pharma companies because drug manufacturing is capital intensive activity. Instead the sector is grappling with rigid price controls and ban on fixed dose combination (FDC) issues, said Anjan K Roy, founder, RL F…
Reasons why MNCs buy companies in India
India has always been a land of opportunities, for its people and foreigners alike. Our country’s geographic location is one of prominence too, close to the markets of South East Asia, Middle East and also Europe making it a constant desirable center of commerce and trade. According to projection…