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Department of Industrial Policy and Promotion News
Department of Industrial Policy and Promotion
Huge opportunities for Russian startups in India: DIPP Secretary
Sat, Oct 06, 2018
The government is taking several steps to strengthen the ecosystem for budding entrepreneurs and there are huge opportunities that exist in India for Russian startups, a top official said Friday.
8,625 startups recognised by DIPP as of March 30, 2018
Thu, Apr 05, 2018
Minister of State of Commerce & Industry C R Chaudhary in a written reply in the Rajya Sabha today said this initiative will help bring to the fore progress made by the states and Union Territories for promoting startup ecosystem, foster competitiveness and propel them to work proactively to identify, learn and replicate good practices.
Amazon plans to open first physical food-only outlets in India; to sell local products on offline & online platforms
Thu, Feb 16, 2017
Amazon is planning to open first physical food-only oultets in India to sell locally produced food items on offline as well as online platforms.
Nirmala Sitharaman signals start-ups may get tax benefits in Budget 2017
Mon, Jan 16, 2017
Commerce and Industry Minister Nirmala Sitharaman on Monday indicated that start-ups may get additional tax benefits in the forthcoming budget, to be unveiled on February 1.
Patent filings by Indians up 2% to 8,273 in April-November
Wed, Jan 04, 2017
With the government taking steps to promote intellectual property rights (IPRs), filing of patents by Indians have increased by about 2% to 8,273 during April-November this financial year.
FDI up 27% at $27.82 billion in April-October this fiscal
Wed, Jan 04, 2017
India receives maximum FDI from Singapore, Mauritius, the Netherlands and Japan.
Govt introduces 8 reforms to push India's 'Ease of Doing Business' ranking to top 50
Tue, Dec 20, 2016
In an effort to improve the ‘Ease of Doing Business’ ranking of India to top 50 countries in the World Bank report, the government announced the formation of Nodal Departments for a ‘reform process.’
Amazon to start 'Great Indian Festival' sale from October 1
Thu, Sep 22, 2016
Amazon.In will flag off its 'Great Indian Festival' sale from October 1, a day ahead of rivals Flipkart and Snapdeal.
Products across 6 manufacturing sectors face inverted customs duty: Ficci
Tue, Aug 30, 2016
Products across six manufacturing sectors such as capital goods, cement, electronics and electricals, among others face inverted customs duty structure that erodes their competitiveness against lower-duty finished product imports and discourages domestic value addition, said Ficci in its latest r
After Mauritius, India enters into Double Taxation Agreement with Cyprus
Thu, Jun 30, 2016
Last month, a senior Indian government official said India hopes to revise tax treaty with Cyprus in line with Mauritius by the year-end.