Commerce And Industry Minister

Goods, services exports to cross $500 bn this fiscal; set to achieve highest-ever growth rate: Suresh Prabhu

The country's exports for goods and services will "cross $500 billion" this fiscal, he said here at Rising India Summit 2019.

Centre, states, industry representatives to discuss ways to boost export on 10 Jan; Suresh Prabhu to chair meet

Since 2011-12, India's exports have been hovering at around $300 billion. During 2017-18, the shipments grew by about 10 percent to $303 billion.

Commerce Minister Suresh Prabhu says govt is willing to support Apple set up a manufacturing plant in India, is awaiting a formal proposal

"Let us get a good proposal from them...We will be very happy to receive Apple, one of the top brands in the world." Prabhu told PTI

Raise tax holiday for startups to seven years from three: Commerce minister

The Finance Ministry should consider raising tax holiday for startups to seven years said Commerce and Industry Minister Nirmala Sitharaman.

India allows FDI from Pakistan

As per the current FDI policy, a non-resident entity, other than a citizen of Pakistan or an entity incorporated in there, can invest in India

On course to achieve $500 bn export target: Sharma

The government has announced several incentives for exporters to explore new destinations under focus market and focus product scheme.

Out on a limb: Govt says FDI in retail will 'immensely benefit farmers'

Presenting the arguments for allowing more investments into the retail industry, Commerce and Industry Minister Anand Sharma said India currently did not have adequate infrastructure or value chains in place to support the agricultural sector.

FIR against Kumar Mangalam Birla unfortunate: Anand Sharma

Commerce and Industry Minister Anand Sharma today appeared to share industry's concerns over naming Kumar Mangalam Birla in an FIR in coal scam case saying it was unfortunate and could raise questions over investor confidence in the country.