Dpiit

Rail logistics emerged as a cost-efficient mode, with an average cost of Rs 1.96 per tonne per km, significantly lower than road transport (Rs 11.03), while air transportation is the most expensive, albeit the fastest, mode of freight transportation, averaging Rs 72 per tonne per km, DPIIT said.

Quality control norms for cookware and utensils set to kick in from October in a phased manner

DPIIT's QCOs apply to a wide range of products, including smart meters, footwear, toys, cooking utensils, fire extinguishers, safety glass, welding rods, and components for building, all to ensure safety and improve manufacturing quality.

DPIIT joins hands with Hero Moto and Zepto to back early-stage startups

DPIIT Joint Secretary said support from unicorns is one of the most impactful ways to uplift startups, as they gain from the journey of successful ventures.

Government lays out action plan to boost FDI, make compliance easier

Regular engagements with global investors to address their concerns, further simplifying processes as well as easing compliances to boost inflows are part of the plan

Ather Energy ties up with government to strengthen EV manufacturing ecosystem

The partnership will aim to accelerate the growth of clean mobility and advanced manufacturing sectors.

DPIIT flags 259 tenders as non-compliant with public procurement norms in 2024

The reasons for non-compliance of these tenders include the mention of specific brands, incorporation of excessive turnover criteria, global tender enquiries floated without prior approval of the competent authority, not following the nodal ministry’s notification, and the mandatory requirement of foreign certificates.

DPIIT holds discussions with PEs, VCs, pension funds on ways to further promote FDI

The meeting was second in the line. Last week, the department held discussions with stakeholders, including law firms and industry chambers, on the matter.

Industrial smart cities: UP vies for next EV Hub and Kerala for the next botanical cluster

Industrial smart cities could host specific industry clusters with Agra targetting to attract EVs and Gaya looking at food processing

DPIIT working on Jan Vishwas 2.0, to decriminalise minor offences, boost ‘Make in India’ initiative

The Department for Promotion of Industry and Internal Trade (DPIIT) is working on about 100 rules and laws of various government departments to bring Jan Vishwas 2.0 bill to achieve greater ease of doing business

Govt developing roadmap to start work on 100 industrial clusters

The plan is in its initial stages; industrial clusters are expected to help aid job creation.

Government looking East for 12 industrial smart cities, in talks with Singapore, Japan

The government is scouting foreign companies that can set up operations in these smart cities. The focus is on projects that can generate local employment opportunities

Commerce minister Goyal bats for separate non-profit to house Start-up India, BHASKAR portal

Piyush Goyal says the start-up ecosystem has become big enough to accommodate these new portals; moots idea of giving control of company to unicorns

World Bank’s new ease of doing business methodology: DPIIT asks ministries to conduct sample evaluation

DPIIT has also asked the ministries to identify areas where the scores could be lower and come up with a plan to address the gaps

India now has over 1.4 lakh recognised startups; Maharashtra tops the list

According to the state-wise break-up, Maharashtra has the highest number of recognised startups at 25,044, followed by Karnataka at 15,019, Delhi at 14,734, and Uttar Pradesh with 13,299 such enterprises.

Tech startups grow 15-fold to 31,000 in 10 years in India, 1,000 added in 2023 alone

Startups in India filed more than 12,000 patent applications from 2016 to March 2024, per the survey.

DPIIT steps led to investment commitments of over Rs 1100 cr from global tyre makers

The imports were temporarily permitted by the department for promotion of industry and internal trade (DPIIT) subject to the concerned company's commitment to invest and set up or expand its manufacturing facilities in the country for the concerned products, in a time-bound manner.

India’s e-commerce policy likely to be on backburner amid sluggish FDI inflows

Latest data from the Department for Promotion of Industry and Internal Trade revealed that India’s net FDI inflows contracted 3.5 percent year-on-year in FY24 to $44.42 billion, the lowest in five years.

IN-SPACe announces launch of pre-incubation programme for aspiring space startups

The pre-incubation entrepreneurship (PIE) programme will cultivate and empower the next generation of space tech innovators, providing them with the tools and guidance necessary to transform their space dreams into reality

Govt urges big corporates, unicorns to set up incubators for manufacturing startups

DPIIT has reached out to large corporates like Apple, Tata, Hyundai, Skoda, Maruti and unicorns like boAT, Moglix, Meesho, EaseMyTrip

FDI norms in certain sectors likely to be eased under new government: DPIIT Secretary

The World Bank has shared a set of 1,370 questions which will be assessed across various economies.

DPIIT writes to 17 departments, seeking faster clearance to pending FDI proposals

Around 46 FDI proposals have breached the government-mandated 12-week time limit for grant of approval.

Govt in final stages of developing dedicated deeptech startup policy: DPIIT Secy

DPIIT secretary Rajesh Kumar Singh stressed the need for startups not only to innovate but also to commercialise and develop intellectual property rights.

CBI raids former DIPP Secy Ramesh Abhishek in disproportionate assets case

The former bureaurcrat is serving as an independent director on the Paytm Payments Bank board

MC Exclusive | Centre wants to develop IMEEC on GatiShakti principles: Special Secretary Dawra

The India-Middle East-Europe Economic Corridor (IMEEC) was announced by Prime Minister Narendra Modi on September 9 during the G20 summit. The project includes India, the UAE, Saudi Arabia, the European Union, France, Italy, Germany and the US

India aims to improve Logistics Performance Index ranking to top 25 by 2030

India was ranked 44th on the index in 2018 and has now climbed to 38th in the 2023 listing.