There is a need to give added incentives to promote startups: Jitendra Singh
Aamir H Kaki There is a need to give ‘added incentives’ in order to promote the environment of startups and entrepreneurship in the country, Jitendra Singh, Minister of State for the Ministry of Development of North Eastern Region (DONER) said on Thursday. “The youth will be given incentives if they are starting an indigenous venture such as a startup in the field of traditional art forms,” he said after inaugurating the 4th India International MSME & Startup Expo in New Delhi. “Our ministry has set up a venture fund for the northeast region, where if a person wants to start a business, the Ministry of DONER funds that initiative,” he said. He suggested that similarly if a person from a State wants to start ...
3rd edition of India International Footwear Fair to be held at Delhi
The Dollar Business Bureau (Source: PIB) A B2B treasure trove of footwear fashion brands and its retail industry will be featured at the 3rd edition of India International Footwear Fair 2017 (IIFF) at Pragati Maidan, in New Delhi from August 4 to 6, 2017. The fair is being organised by India Trade Promotion Organization (ITPO) especially when the exhibition complex is being revamped as the world class Integrated Exhibition-cum-Convention Centre. This year, buyers will find new designs of innovative shoes based on aesthetics, design, fluidity and functionality in the fair. The event celebrates upcoming trends and style to recognise innovation and breakthrough talent on a national scale. IIFF features emerging technologies keeping in pace with the rapidly changing buyers’ needs and ushers ...
Indias Pavilion at Expo 2017 Astana - A Mega Attraction
The Dollar Business Bureau Based on the theme of ‘Future Energy’, India’s Pavilion at the ongoing international exhibition Expo 2017 in Astana, the capital city of Kazakhstan, is attracting a lot of visitors. The participation of India at the event has been organised by the nodal body of the government to promote country's external trade - India Trade Promotion Organisation (ITPO). The pavilion was jointly inaugurated by L. C. Goyal, Commissioner, India Pavilion and CMD, ITPO and Harsh Kumar Jain, Ambassador of India to Kazakhstan. The Expo, which is being held from June 10- September 10, 2017, is witnessing participation from 100 nations and more than 10 international organisations. The participation of India at this year’s Expo has become quite significant ...
Indian basmati rice exports to Iran likely to start from April 2015
Sai Nikesh | The Dollar Business The Indian exporters of basmati rice may expect good days ahead in the upcoming financial year that is going to start from April 2015. According to latest reports, the Government of Iran is likely to restart importing of India’s basmati rice in the new financial year, opening its doors for India after a temporary stoppage since October 2014. This supposed move by the Government of Iran was eagerly awaited by Indian exporters’ associations like Federation of Indian Exporters Organisation (FIEO), Agricultural and Processed Food Products Export Development Authority (APEDA), among others. Even though the Indian import permits had to face brief break since October 2014, Iran continued to execute existing and past orders ...
Mega Food Parks to be processing hubs across India
The Dollar Business Bureau The Union Ministry of Food Processing, Government of India, on Tuesday announced initiatives towards development of food processing activities and better management of food products in India. In this regard, Harsimrat Kaur Badal, the Union Minister of Food Processing, informed about the government’s steps towards establishment of one Mega Food Park (MFP) in every State across the country. Speaking at the inaugural event of 30th AAHAR International Food and Hospitality Fair organised by India Trade Promotion Organisation (ITPO), Badal referred to the MFP initiative as a flagship program of her Ministry and said the MFPs shall become a hubs for food processing activities across all the States. Stating that there was a huge potential for value addition for ...
Iran willing to sign preferential trade agreement with India
Sai Nikesh | The Dollar Business The Iranian Trade Promotion Organization (ITPO) expressed its willingness to sign preferential trade agreement with India in a move to promote bilateral trade between the two countries. According to an official report of the Islamic Republic News Agency of Iran, the Head of Trade Promotion Organization of Iran, Valiollah Afkhami Rad said that ‘signing of preferential agreement with India will result in promotion of trade between the two countries’. The Iranian official was quoted to have made these statements during his meet with the Indian Deputy Minister of Industrial Affairs, Rajani Ranjan Rashmi on Saturday. Expressing dissatisfaction over existing volume of trade between the two countries, the Iranian official emphasized on the need for maintaining and ...
Women entrepreneurs in the limelight at IITF 2014
Neha Dewan and Amartya Sinha | @TheDollarBiz With the aim to boost women participation in the foreign trade and manufacturing, the ongoing 34th India International Trade Fair (IITF) in New Delhi, India is focusing on “Women Entrepreneurs” and the skills needed in their entrepreneurial development. Organised by the India Trade Promotion Organisation (ITPO), IITF 2014 (November 14 - 27) saw heavy footfalls even as it nears completion. Over 6,000 exhibitors from India and abroad have taken part in this event and the fair has already seen over 50 foreign delegations from 30 countries in the initial eight days. While South Africa is the partner country this year, Thailand is the focus country and Delhi is the focus state. However, ...
