The Ministry of Textiles has introduced key revisions to the Production Linked Incentive (PLI) Scheme for Man-Made Fibre (MMF) apparel, fabrics, and technical textiles to encourage greater participation and accelerate investments. The changes simplify eligibility requirements, expand product categories,...
India exported 7.75 lakh tonnes of sugar during the 2024–25 marketing season, achieving over 75% of the government’s permitted export quota of 10 lakh tonnes. The exports, which span from October 2024 to September 2025, reflect strong demand across...
Micro, Small, and Medium Enterprises (MSMEs) continue to serve as a critical pillar of India’s economic progress, contributing around 40% to the nation’s total production and exports. Union Minister of State for MSMEs, Shobha Karandlaje, highlighted this during the...
The India–European Free Trade Association (EFTA) Trade and Economic Partnership Agreement (TEPA), effective from October 1, 2025, represents India’s first Free Trade Agreement with four developed European economies — Switzerland, Norway, Iceland, and Liechtenstein. The pact commits EFTA to...
India’s tourism economy has moved into the country’s top growth lanes. The sector’s current contribution is estimated at about ₹20 trillion to national GDP. It supports more than 84 million livelihoods across accommodation, transport, food services, crafts, and local...
The Indian Association of Tour Operators (IATO) has urged the government to adopt a comprehensive and coordinated strategy to boost India’s global tourism presence. Citing the need to position India among the world’s top travel destinations, the association called...
UK-based business management platform Tide has announced plans to invest ₹6,000 crore (£500 million) in India over the next five years, underscoring its growing confidence in the country’s fast-evolving small business landscape. The expansion will create over 800 new...
The festival of Karva Chauth 2025 has brought a massive economic boost, generating an estimated ₹28,000 crore in nationwide business, according to data from the Confederation of All India Traders (CAIT). Delhi alone contributed around ₹8,000 crore, as markets...
India’s space and telecom sectors came together at the inaugural Satcom Summit, held as part of the India Mobile Congress (IMC) 2025 at Yashobhoomi Convention Centre in New Delhi. The event marked a defining moment in India’s digital journey,...
India’s micro, small, and medium enterprises (MSMEs) have received an estimated ₹8 trillion in credit over the past three years, marking a period of unprecedented financial inclusion for the sector. According to FICCI-CMSME President Girish Luthra, this growth reflects...
