The Union Minister for Commerce, Industry & Textiles, Anand Sharma is on a two days visit to Kerala to review issues pertaining to Commerce, Industry and Textile in the southern states of Kerala, Tamil Nadu, Karnataka and Andhra Pradesh.
The Union Minister for Commerce, Industry and Textiles, Anand Sharma launched 21 new Textile Parks approved under Scheme for Integrated Textile Parks (SITP) on Tuesday. These new parks take the total number to 61 parks as 40 parks were sanctioned earlier.
The defence sector has opened up new windows of opportunities for Indian SMEs. In a recent development, the industry came together and demanded to widen this opportunity for Indian SMEs by strengthening the limit of Foreign Direct Investment (FDI).
According to a press release issued by the Ministry of Commerce and Industry, the government is set to announce the annual supplement of the Foreign Trade Policy 2009-2014 in the third week of this month.
The share of manufacturing in the country's GDP must climb from the current 16 percent to 26 percent to address the challenges of job creation for the youth, Commerce and Industry Minister Anand Sharma said in Mumbai on Wednesday.
With the exchange of offers made on goods, the next stage in the proposed free trade agreement (FTA) beween India and Australia is the exchange of offers on services before "hard negotiations" begin but there is no "pressure of a deadline."
Indian IT bellwether Infosys Monday unveiled a business (eBiz) portal of the commerce ministry's industrial policy and promotion department for investors and businesses.
India Monday voiced concern to South Africa at the suspension of frozen boneless buffalo meat imports from the country.
The Indian government Wednesday announced incentives, especially in the form of interest subsidy, to revive merchandise exports that have slumped by almost six percent in the first eight months of the current financial year.
India is for successful conclusion of the stalled Doha round of global trade talks and is willing to work with all stakeholders to take it forward, said commerce and industry minister Anand Sharma.