Ministry of Commerce and Industry News

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Commerce Ministry Official Suchindra Misra Leads India’s Kimberley Process 2026 Meeting in Mumbai

Mumbai, May 12, 2026: India formally inaugurated the Kimberley Process Intersessional Meeting 2026 in Mumbai, bringing together international delegates, industry leaders, and observers to discuss the future of responsible natural diamond trade under India’s leadership. Chairing the prestigious global event, Kimberley Process Chair 2026 Suchindra Misra underscored the significant role of the certification mechanism in […]

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Jitin Prasada Leads Major Basmati Push as APEDA Secures Pilibhit Hub for Organic Farming and AI Crop Mapping

Pilibhit, April 30, 2026: India’s Basmati rice sector received a substantial boost as the Agricultural and Processed Food Products Export Development Authority formalised a long term agreement with the Uttar Pradesh government and the agriculture department to establish a pioneering Basmati and organic farming training facility in Pilibhit. Spread across nearly seven acres in Tanda […]

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India Pushes for Fair and Inclusive Global Trade Reforms at WTO Meet

Yaounde, March 27: India strongly advocated for a more balanced and transparent global trade system as Union Commerce and Industry Minister Piyush Goyal  represented the country at the 14th Ministerial Conference of the World Trade Organization currently underway in Yaounde Cameroon. Addressing a high level ministerial dialogue on the core functioning of the WTO, Goyal […]

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DPIIT Partners with Hero MotoCorp to accelerate Early-Stage Startups in Mobility, Clean Tech, & Deep Tech

New Delhi — The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, has entered into a strategic partnership with Hero MotoCorp Limited to boost early-stage startups through the company’s innovation accelerator programme, Hero For Startups. The Memorandum of Understanding (MoU), signed in New Delhi, aims to strengthen India’s […]

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BHASKAR Platform Empowers 1.97 Lakh Startups Across India, Strengthening the Innovation Ecosystem

New Delhi— The BHASKAR platform (Bharat Startup Knowledge Access Registry), a key digital initiative by the Government of India under the Startup India mission, is fast becoming the backbone of India’s entrepreneurial ecosystem. As of 30th June 2025, a total of 1,97,932 startups and related entities have registered on BHASKAR across various States and Union […]

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India Records Over $81 Billion in FDI Inflows in FY 2024–25

New Delhi : India witnessed a robust 14 per cent surge in foreign direct investment (FDI) inflows during the financial year 2024–25, receiving a total of $81.04 billion, up from $71.28 billion in 2023–24. This strong growth underscores global investor confidence in India’s economic resilience and policy reforms, according to a statement issued by the […]

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