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All set to scale new heights

India’s merchandise exports crossed $ 400 billion (approximately Rs 30.44 trillion) on March 21, 2022 (10 days ahead of the closure of FY2021-22), according to Piyush Goyal, Union Minister of Commerce and Industry.Read more

India’s merchandise exports cross $400 bn; Engg goods exports up 50%

Export of cotton yarn/fabrics/made-ups, handloom products etc, gems and jewellery, other cereals and man-made yarn/fabrics./made-up etc. have registered a growth rate between 50%-60%.Read more

GeM and Indian Railways integration to generate Rs 500 bn opportunity for MSMEs

According to Piyush Goyal, after the integration of Government e-Marketplace (GeM) portal with Railways, there will be Rs 500 billion worth of annual procurement from MSMEs.Read more

Piyush Goyal calls for more participants in the Government e-Marketplace

The pilot bidding of railways buyers through integrated system is expected to commence by August end. About Rs 50,000 cr worth of annual procurement may be done by the railways on GeM post the above integration.Read more

SISFS: New startup scheme to create robust Indian startup ecosystem

3,600 startups are expected to benefit from the scheme.Read more

Ministry of Commerce & Industry unveils Trade Facilitation Mobile App

The app is first-of-its-kind initiative to boost small exporters to obtain faster clearances, certifications and approvals.Read more

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