Government Policy
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Opportunity India Desk Jan 05 2024 - 2 min readIn a bid to solidify its position as the electronics export hub in India, the Tamil Nadu Government is set to introduce the State Semiconductor and Advanced Electronics Policy at its Global Investors' Meet scheduled for January 7 and 8. The policy is anticipated to place a heightened emphasis on semiconductor design, a ...
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Opportunity India Desk Nov 17 2023 - 3 min readIndia's e-commerce export, presently valued at USD 1 billion per year, is expected to surge to USD 200 billion within the next six to seven years, Santosh Kumar Sarangi, Additional Secretary & Directorate General of Foreign Trade (DGFT) said on Friday. Sarangi emphasized that this projected growth in e-commerce exports plays a crucial ...
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Opportunity India Desk Nov 14 2023 - 3 min readThe PHD Chamber of Commerce and Industry has called upon the government to reconsider the proposed national MSME policy to accommodate the distinct requirements of MSMEs across various states and regions. Highlighting the existence of diverse state-specific policies supporting MSMEs, the report recommended the integration of both national and state-level MSME structures to ...
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Opportunity India Desk Oct 04 2023 - 5 min readThe Centre has notified the establishment of the National Turmeric Board, which will focus on the development and growth of turmeric products in the country. As per the Commerce and Industries Ministry, the Board will provide leadership on issues associated with turmeric, augment the efforts, and facilitate greater coordination with Spices ...
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Himanshu Rawat Sep 12 2023 - 8 min readWith around 30 per cent contribution, MSMEs are considered the spine of India’s GDP. For India’s fast growing medium, small, and micro enterprises, the government has rolled out a series of initiatives aimed at boosting economic growth, fostering entrepreneurship, and providing financial support. These schemes are designed to empower MSMEs by providing accessible loans and ...