NITI Aayog has released "Realising the Export Potential of India's Sports Equipment Manufacturing Sector," proposing Rs 7,500 crore investments between 2027 and 2031 to strengthen MSME-dominated production and capture a larger global share. Currently at USD 275 million (0.5%...
India's government has overhauled the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME) to streamline financing for manufacturing expansions and exports, directly supporting Budget 2025-26 goals for economic growth. Introduced in January 2025 and now revised based on stakeholder input...
Commerce and Industry Minister Piyush Goyal instructed 35 Export Promotion Councils and industry associations to intensify new market penetration, quality enhancements, and competitiveness improvements for optimal leverage of Free Trade Agreements with developed economies.
The directives emphasise job creation...
India has reached a framework for an Interim Trade Agreement with the United States. Commerce and Industry Minister Piyush Goyal stated that the agreement will help both nations deepen economic cooperation and reflect shared commitments to sustainable growth for...
In a historic move to strengthen India’s innovation and research ecosystem, Prime Minister Narendra Modi launched the ₹1 lakh crore Research, Development & Innovation (RDI) Fund on November 3, 2025. The initiative is designed to de-risk futuristic projects, empower...
India’s next phase of digital transformation hinges not just on the scale of its platforms but on the quality of data powering them, according to a new report by NITI Aayog’s Frontier Technologies Hub. The report, released as part...
NITI Aayog has released a detailed policy framework aimed at strengthening medium enterprises—an often-overlooked segment of India’s MSME landscape with high potential for scale, innovation, and export growth. Titled “Designing a Policy for Medium Enterprises”, the report positions this...
Public sector lender Indian Bank has announced an ambitious plan to disburse ₹20,000 crore to Self-Help Groups (SHGs) across India during the financial year 2025–26. The initiative, part of a nationwide credit outreach programme led by the Department of...
