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New industrial policy in next few weeks: Prabhu

Press Trust of India  |  New Delhi 

Commerce today said new will be announced in the next few weeks, which will focus on new industries that will drive future growth of the country.

There is a great opportunity for partnerships between and across various areas, said at the signing ceremony.

"...In the ministry of commerce and industry, we have already identified few sectors which we think will be the new thrust sectors of We are modernising our existing industry... the new which will be just announced in the next few weeks time...," said.

He added that the new policy also focuses on "those industries which are not even born today".

"... futuristic industries which will drive the growth of tomorrow and there we see a great opportunity of partnership with France," the said.

The proposed policy will completely revamp the of 1991.

The Department of and Promotion (DIPP) in August last year floated a draft with the aim to create jobs for the next two decades, promote and attract USD 100 billion FDI annually.

According to the minister, would be established in Invest for hand-holding French companies to invest and succeed in this country.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, March 10 2018. 20:45 IST
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