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AP Department of Industries Clarifies on Misleading Article on MSMEs

Vijayawada: The Andhra Pradesh Department of Industries has stated that an article was published under the title ‘Parishramika Raayatila Jaadedi’  in Eenadu newspaper on 25.02.2023. The Department of Industries has categorically clarified that the information contained in the article is incorrect and unsubstantiated.

Lt Governor inaugurates 8th India International MSME Start-up Expo & Summit 2022 at New Delhi

New Delhi,August 25 (Scoop News)- Lieutenant Governor Manoj Sinha today inaugurated the 8th India International MSME Start-up Expo & Summit at New Delhi. The Expo provides a much needed platform to SMEs, startups, trade, industry, service providers to explore new opportunities, buyers-sellers meet, sharing knowledge about central/state's/UTs schemes etc. Expressing gratitude towards Hon’ble Prime Minister Shri Narendra Modi for bringing a revolution in MSME sector, the Lt Governor said that in the last 8 years the MSME sector has undergone very rapid change. New strength, resilience and global competitiveness of MSMEs will make India a preferred destination for manufacturing for the world, he added. The Lt Governor said that the Indian MSME sector today can be described as Magical, Steadfast, Magnificent Enterprises, which is contributing nearly 45% of overall India’s exports. The number of initiatives under Aatma Nirbhar Bharat Abhiyan is driving economic progress an

New foreign trade policy to give thrust to export of R&D services

New foreign trade policy to give thrust to export of R&D services The thrust on R&D services came after it became one of the fastest-growing segments among India s services exports Joe C Mathew | March 8, 2021 | Updated 12:48 IST Union Commerce and Industry Minister Piyush Goyal The soon-to-be-announced New Foreign Trade Policy 2021-26 may give a special emphasis to export of research and development (R&D) services. A separate section focusing on R&D services exports is being planned, a government official said. The changes are being worked out by the Department of Commerce at the behest of the office of the Principal Scientific Advisor of India. The government had extended the validity of foreign trade policy 2015-2020 by a year - till March 31, 2021 due to the Covid-19 pandemic. The new policy is to be effective from April 1, 2021 for a period of five years.

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