dpiit

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    Government Initiative Fuels Innovation in Manufacturing & Fuel Tech

    The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with a fuel-tech company to promote innovation and support startups in the fuel-tech, manufacturing, and related sectors. The Ministry of Commerce and Industry stated that the...
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    Collaboration Boosts Startup Growth in Digital Entertainment

    March 26, New Delhi – The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, has signed a Memorandum of Understanding (MoU) with KRAFTON India Pvt. Ltd., a digital entertainment company, to support startups, innovators, and entrepreneurs across...
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    India's Startup Ecosystem Gains Support Through New Agreement

    The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, signed an agreement with KRAFTON India Pvt. Ltd. to support startups, innovators, and entrepreneurs across the country. The Ministry of Commerce and Industry stated that this...
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    Supporting Innovation: DPIIT Signs MoU with Leading AC Firm

    The Department for Promotion of Industry and Internal Trade (DPIIT) has signed a Memorandum of Understanding (MoU) with a leading air conditioning company to support startups, innovators, and entrepreneurs across the country. Speaking on the occasion, Joint Secretary of DPIIT, Sanjiv Singh, said...
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    BHAVYA Scheme: Creating Plug-and-Play Industrial Ecosystems

    New Delhi, March 18 In order to boost manufacturing, the government on Wednesday approved a Rs 33,660 crore Bharat Industrial Development Plan (BHAVYA) to develop 100 plug-and-play industrial parks across the country.The scheme aims to develop world-class industrial infrastructure, unlocking...
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    Changes to India's FDI Policy Relax Restrictions on China Investors

    New Delhi, March 16 The Department for Promotion of Industry and Internal Trade (DPIIT) on Monday notified changes in the FDI policy to allow overseas companies with Chinese shareholding of up to 10 per cent to invest in India under the automatic route.These investments will be subject to...
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    Voltas Collaborates with DPIIT to Support Cooling Tech Startups

    New Delhi, March 11 The Department for Promotion of Industry and Internal Trade (DPIIT) announced on Wednesday that it has signed an agreement with Voltas to support startups in the cooling and smart appliance ecosystem.The collaboration aims to engage startups working on technologies related...
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    Investment Boost: India Streamlines FDI for Entities with <10% Chinese Ownership

    New Delhi, March 11 Overseas companies with Chinese shareholding of up to 10 percent will be eligible to invest in India under the automatic route across sectors; however, the relaxed FDI norms will not apply to entities registered in China/Hong Kong or other countries sharing land borders with...
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    FDI Relaxations for Non-Border Countries, But Restrictions Remain

    New Delhi, March 11 Overseas companies with Chinese shareholding of up to 10 percent will be eligible to invest in India under the automatic route across sectors; however, the relaxed FDI norms will not apply to entities registered in China/Hong Kong or other countries sharing land borders with...
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    India Eases FDI Rules for Border Countries

    New Delhi, March 10 The government eased norms for foreign direct investment from all countries, including China, that share land borders with India, sources said.They said that Press Note 3 of 2020 has been amended in this regard.The decision was taken in a meeting of the Union Cabinet...
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    SEZ Policy Reforms: Government Forms 17-Member Committee

    New Delhi, March 8 The government has set up a 17-member committee to suggest broader reforms in the policy for special economic zones (SEZs), an official said.It will submit a concept paper recommending a roadmap for comprehensive reforms to formulate a SEZ 2.0 policy.It will undertake a...
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    PM Ekta Mall Project Launched in Puducherry to Promote Local Products

    Puducherry, March 3 A Prime Minister Ekta Mall (Unity Mall) will be set up in Puducherry at a cost of ₹128 crore to promote handicrafts.According to a release on Tuesday, the Centre had approved the grant to set up the Ekta Mall under the "Special Assistance to States for Capital Investment"...
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    Industry Calls for Policy Interventions to Revive Tamil Nadu Fireworks

    Chennai, February 15 – The fireworks industry in Tamil Nadu, which has been facing prolonged regulatory and market challenges, has intensified its efforts to secure policy support from the Centre to help revive the sector.A senior industry representative stated that the sector has been going...
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