Tag: dpiit
Govt sets up six sector groups to fast-track ‘Make in India 2.0’ push
New Delhi: The government has constituted six sector-specific working groups to identify as many as 100 products for promoting their domestic manufacturing and reducing import…
New producer price index set to replace WPI over next five years
New Delhi: India will introduce a Producer Price Index (PPI) covering output, input and services prices, to offer a more realistic assessment of inflationary trends…
India overhauls inflation framework with new Producer Price Index, revised WPI
India will launch a new Producer Price Index (PPI) and roll out a revised Wholesale Price Index (WPI) series from June 15, marking one of…
Localisation lens on 500 most-imported items: DPIIT analysing data; move aims to reduce country’s import bill
New Delhi: The government is examining 500-odd heavily imported products including machinery, fertilisers, chemicals, cotton staple fibre, plastics, silicon wafers and carbon fibres, to identify…
India plans ‘Made in India’ brand scheme, targets gaps in domestic manufacturing
New Delhi: The government is working with industry to identify around 100 products that are either not manufactured or produced sufficiently in India, as part…
Identifying 100 products to boost domestic manufacturing: DPIIT Secy
New Delhi: The government is working with industry to identify about 100 products — including those from the auto sector — that are either not…
Rare earths, PCBs among 40 sub-sectors on FDI fast track
New Delhi: India has identified rare earth magnets and printed circuit boards among 40 sub-sectors for expedited clearance within 60 days of foreign direct investment…
DPIIT issues updated SOP for processing FDI applications
The government will now clear all FDI proposals within 12 weeks as per the updated standard operating procedure (SOP) for processing foreign direct investment applications.According…
DEA notice awaited on easing FDI rules for foreign cos with up to 10% in China firms
New Delhi: The decision to ease foreign direct investment (FDI) norms for overseas companies with up to 10% stake in Chinese companies will be notified…
DPIIT issues operational guidelines for Rs 10,000 crore Startup India Fund of Funds 2.0 scheme
The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, has issued the operational guidelines for the Startup India Fund…