Nivedita Mukherjee

MoU for 1st PM Mitra Park in TN inked to integrate value chain

March 23, 2023

Days after the Government approved seven PM MITRA parks towards making India a global hub for textile manufacturing and exports, a Memorandum of Understanding to establish the first mega integrated textile regional and apparel park -- PM Mitra Park -- in Virudhunagar district of Tamil Nadu was signed in Chennai...

Mega textile parks to be set up in seven states

March 18, 2023

In a major step towards making India a global hub for textile manufacturing and exports, the plan for seven PM Mega Integrated Textile Regions and Apparel (PM MITRA) parks for the textile industry in Tamil Nadu, Telangana, Gujarat, Karnataka, Madhya Pradesh, Uttar Pradesh, and Maharashtra, while factoring in a thrust...

‘India’s real time digital transactions more than US, China and Europe’

March 15, 2023

India’s real time online digital transactions have surpassed US, China and Europe put together, riding on a public digital infrastructure based on an open network which allows universal access and removes entry barriers. “India has a paperless, presence-less, and cashless solution for everything,” said Anurag Jain, Secretary, Department for Promotion...

$750 bn exports in FY23 in sight, Goyal turns global eye on India’s highs

March 14, 2023

With India marching towards USD 750 billion of exports in the fiscal year 2022-23, Minister of Commerce and Industry Piyush Goyal, on Monday called upon industry to tap the many competitive advantages that the country offers, with its focus on high quality of goods and achieving economies of scale. At...

India and US Commercial Dialogue bats for semiconductor supply chain

March 11, 2023

n a significant calibration of the India-US economic and strategic engagement, Minister of Commerce and Industry Piyush Goyal and the US Secretary of Commerce Gina Raimondo on Friday relaunched the Commercial Dialogue. It commits the two nations on a proactive course of action towards building resilient and secure supply chains...

India, Australia seek industry role to boost strategic tie-up

March 10, 2023

New Delhi, March 9 With the Economic Cooperation and Trade Agreement (ECTA) signed between the India and Australia positioned as a transformative agreement, Australian Prime Minister Anthony Albanese and Commerce Minister Piyush Goyal are looking to unlock the next level of potential in trade and investment with India underlining the...

Goyal, US Commerce Secy look at unleashing new trade

March 8, 2023

As the India-USA Commercial Dialogue gets underway in Delhi — after a hiatus of three years — with the visit of the US Secretary of Commerce Gina Raimondo to India between 7-10 March, much is visibly at stake to take forward the discussions on cooperation in various sectors that could...

Goyal, US Commerce Secy look at unleashing new trade, investment avenues

March 7, 2023

As the India-USA Commercial Dialogue gets underway in Delhi -- after a hiatus of three years – with the visit of the US Secretary of Commerce Gina Raimondo to India between 7-10 March, much is visibly at stake to take forward the discussions on cooperation in various sectors that could...

India’s retail vehicle sales up 16% in February

March 7, 2023

Amid rural India tightening its belt due to high inflation and poor sentiments keeping customers at bay, India’s total vehicle retail for Feb 2023 posted double digit growth of 16 per cent year-on-year with all categories witnessing a significant uptick aided by what market analysts see as a sign of...

Toyota, Kia, Maruti lead Feb trajectory of auto wholesales growth

March 3, 2023

Amid positive sentiments on cyclic recovery, softening raw materials and easing of supply chain issues, India’s auto makers posted healthy wholesale volumes in the month of January 2023, as monthly sales figures released by auto firms on Wednesday showed. According to Nomura analysts Kapil Singh and Siddhartha Bera, India’s PV...

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