The country will create jobs and encourage consumption and demand by reducing logistic cost
These restrictions are likely to cause a shortfall of about $4 billion to $5 billion this year, Reuters reported last month.
The US has sought clarification once again even as India cited national security concerns as a rationale behind its August 2023 decision
Complimenting the Tamil Nadu government for setting a target to raise the state's economy by USD 1 trillion by 2030, Goyal said this aspiration would drive for industrialisation, creation of new jobs
Over the last 10 years, significant reforms have been implemented transforming a weak economy into one of the top five globally, the union commerce and industry minister said
The minister was also present at a meeting of jute mill owners and stakeholders, industry sources said
He highlighted the potential of the jute industry, stating that with "contribution from the jute sector and concerted efforts from the Centre and state governments, we can achieve new heights"
Consumer Affairs Minister Piyush Goyal on Saturday said the government will bring more products under the mandatory quality norm as India moves towards becoming a developed nation by 2047
India has come to the centre stage of auto manufacturing not only in assembling but also in the whole value chain, Commerce Secretary Sunil Barthwal said
Meanwhile, he said, India has the potential to become the global epicentre of the gem and jewellery industry with a holistic ecosystem encompassing all diverse constituents and elements
He said that India's exports of goods and services rose to USD 776 billion in 2022-23 from USD 500 billion two years ago
The planned lineup of mega events commences with the Aatmanirbhar Bharat Utsav scheduled from January 3-10 at Bharat Mandapam in the national capital
The RoDTEP scheme, which came into effect three years ago, refunds the embedded non-creditable central, state, and local levies paid on inputs to exporters
In August, the Department for Promotion of Industry and Internal Trade (DPIIT) held a detailed discussion with representatives of e-commerce firms and a domestic traders' body on the proposed policy
Goyal highlighted that 140 new price monitoring centres have been set up to keep a close watch on wholesale and retail prices of essential commodities
Kamath said that he was excited to join the council and that India needs to unlock its domestic capital to nurture startups
The primary objective of these negotiations is to establish a "fair, mutually beneficial, and comprehensive" trade deal between India and EFTA
It provides a platform for state governments and union territories to give their perspective on trade policy, and also to the government for apprising them about developments affecting India
GIFT City will play a pivotal role in powering India's exports to $2 trillion by 2030, and then onwards to up to $10 trillion that it envisages to see by 2047, Goyal said
The Union Commerce Minister emphasized the unprecedented opportunity presented by 1.4 billion people aspiring for a better future