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Department of Industrial Policy and Promotion News

Nnew industrial policy

09 Aug 2018

Modi government to unveil new industrial policy in two weeks: Report

The new policy will replace the industrial policy of 1991 which was prepared in the backdrop of balance of payment crisis.

05 Oct 2017

Govt considering exemptions sought by Apple: DIPP Secretary

The ministry had constituted a task force chaired by V Kamakoti of IIT Madras to explore possibilities to leverage Artificial Intelligence (AI) for development across various fields.

04 Jul 2017

Govt seeks suggestions to formulate new industrial policy

The government has sought suggestions from stakeholders to formulate a new industrial policy to promote manufacturing and job creation in the country.

28 May 2017

Mauritius dislodges Singapore to emerge as top source of FDI in 2016-17

Island nation Mauritius elbowed out Singapore to emerge as the top source of foreign direct investment (FDI) into India in 2016-17.

05 Mar 2017

FDI in services sector up 77.6% in 9 months of FY'17

Foreign investments in the services sector increased 77.6 percent to USD 7.55 billion in the first nine months of the current fiscal, helped by government steps to improve ease of doing business.

iPhone maker Apple

06 Nov 2016

Apple seeks incentives to set up manufacturing unit in India

US-based iPhone maker Apple has sought incentives from the government to set up a manufacturing unit in the country.

04 Nov 2016

Ease of Doing Business: India's rank will seriously improve in World Bank's report, says DIPP

India's rank will "seriously improve" in the World Bank's 'Doing Business' report next year on the back of reforms like GST and Insolvency & Bankruptcy Code, Department of Industrial Policy and Promotion (DIPP) Secretary Ramesh Abhishek said Friday.

28 Oct 2016

Govt considering further FDI relaxation in select sectors

Government is considering further relaxing foreign direct investment (FDI) norms in several areas, including trading, with an eye on more inflows.

06 Oct 2016

Copyright.In a fraudulent website: DIPP

The Commerce Ministry on Thursday cautioned that the website www.Copyright.In does not represent the copyright registration office of India.

Ease of Doing Business

16 Aug 2016

Ease of doing biz: DIPP to release states' ranking in September

For this year's ease of doing business ranking, the Department of Industrial Policy and Promotion (DIPP) will consider reforms uploaded by states till August 30.

23 Jul 2016

Govt to invest Rs 200 crore on scaling up existing incubators

Government will identify 10 incubators out of existing 200 such centres and invest Rs 200 crore on scaling up their capacity, Niti Aayog CEO Amitabh Kant on Saturday said.

10 Jul 2016

Ease of biz ranking: World Bank officials to meet DIPP

A World Bank team will meet DIPP officials next week to discuss steps taken by India to improve its ease of doing business ranking.

12 Jun 2016

FDI in food processing: Govt may put conditions for investors

Officials of the Department of Industrial Policy and Promotion (DIPP) and Food Processing Ministry are discussing mutually agreeable conditions to be included in the proposal, an official said.

Foreign direct investment in March

27 May 2016

FDI up 16.5% to $2.46 billion in March

Foreign direct investment (FDI) into India increased by 16.5 percent to USD 2.46 billion in March this year.

14 Jan 2016

Make in India logo designed by young Indians: DIPP

The Commerce and Industry Ministry Thursday said the Make in India logo has been designed by "young Indians".

01 Dec 2015

FDI into India up 13% to $6.63 bn in H1 FY16

The foreign investment was USD 14.69 billion during April-September 2014, according to the latest figures of the Department of Industrial Policy and Promotion (DIPP).

Foreign investment in defence sector

24 Nov 2015

DIPP notifies FDI policy relaxation in defence sector

Foreign investment up to 49 per cent in defence sector, that results in change in ownership of a company, will need prior FIPB approval even though the government has put such investments under automatic route.

Commerce Ministry

01 Nov 2015

Commerce Ministry asks RBI, ED to probe if top ecommerce firms flouted rules

The Commerce Ministry has requested the Enforcement Directorate and RBI to examine whether e-commerce majors Flipkart, Amazon and Snapdeal violated FDI rules by engaging in business-to-consumers (B2C) activity.

Angela Merkel India visit

05 Oct 2015

India, Germany to set up mechanism to fast-track investments

India and Germany today signed an agreement to set up a separate body to fast-track investments by German companies in the country and weed out the obstacles faced by them in conducting business here.

21 Sep 2015

Govt to review Make in India drive on completion of 1st year

Government will review progress of the Make in India initiative on completion of one year and deliberate on steps to give a further boost to the initiative, aimed at making the country a global manufacturing hub.

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