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India-EFTA Trade Deal Expected To Take Effect Within Months: Piyush Goyal

New Delhi, July 5 (KNN) The free trade agreement (FTA) between India and the European Free Trade Association (EFTA) is expected to come into effect in the coming months, Union Commerce and Industry Minister Piyush Goyal announced on Friday.

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India Plans Retaliatory Tariffs on US Auto Imports at WTO

New Delhi, Jul 5 (KNN) India has formally notified the World Trade Organisation (WTO) of its intention to impose retaliatory tariffs on U.S. goods in response to Washington's decision to levy 25 per cent duties on passenger vehicles, light trucks, and select auto parts fr0m India.

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India Seeks Duty Cuts on Leather, Footwear, and Textiles in Ongoing US Trade Talks

New Delhi, Jul 5 (KNN) India is pushing for lower import duties on its leather, footwear, and textile exports during its ongoing trade discussions with the United States.

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Marine Exports Fall Short of PMMSY Targets Due to Policy and Demand Challenges

New Delhi, Jul 5 (KNN) India's marine exports have failed to meet the ambitious targets set under the Pradhan Mantri Matsya Sampada Yojana (PMMSY), mainly due to policy bottlenecks and sluggish global demand.

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India Initiates Anti-Dumping Probe On Polyethylene Imports From Six Gulf Nations

New Delhi, Jul 7 (KNN) The Directorate General of Trade Remedies (DGTR), the trade investigation arm of India's Commerce Ministry, has launched an anti-dumping investigation into polyethylene imports from six Middle Eastern countries. 

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Startup Policy Forum Launches Initiative To Identify 100 Leading Deep-Tech Startups In India

New Delhi, Jul 5 (KNN) The Startup Policy Forum has announced the launch of #100DesiDeepTechs, a comprehensive multi-stakeholder initiative designed to identify and support 100 prominent deep-tech startups across India. 

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India’s GMO-Free Image at Risk Amid Proposed GM Product Imports From US: GTRI

New Delhi, Jul 7 (KNN) Global Trade Research Initiative (GTRI) has raised concerns about potential implications of allowing genetically modified (GM) agricultural products from the United States under a proposed trade agreement currently being negotiated between India and the US. The interim trade pact is expected to be announced before July 9, 2025.

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Epson Establishes First Manufacturing Facility In India

Chennai, Jul 7 (KNN) Seiko Epson Corporation has officially inaugurated its first manufacturing facility in India, marking a significant milestone in the company's expansion strategy. 

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Indian Toy Industry Goes Global, Exports To 153 Countries: Piyush Goyal

New Delhi, July 5 (KNN) India’s toy industry, once heavily reliant on imports, now exports to 153 countries, Union Commerce and Industry Minister Piyush Goyal said at the 16th Toy Biz International B2B Expo 2025 in New Delhi.

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MSME Sector Registers 15-Fold Growth In 5 Years, Generates 28 Cr Jobs: Minister Manjhi

Mumbai, July 5 (KNN) Union Minister for Micro, Small and Medium Enterprises (MSME), Jitan Ram Manjhi, addressed a press conference in Mumbai on July 4, highlighting the significant progress made by the MSME sector — a key pillar of India’s economic framework.

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Media Coverage

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The Hindu

A centre of excellence planned in Delhi for SMEs

The Federation of Indian Micro, Small and Medium Enterprises (FISME) and financial institution IFCI plan to set up a “Centre of Excellence for Aspiring SMEs”. A delegation from the FISME recently met Union Finance Minister Nirmala Sitharaman in this regard.

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Financial Express

MSME delegation urges FM Nirmala Sitharaman to prioritize medium enterprises for economic growth

FISME proposed the setting up of the “Center of Excellence for Aspiring SMEs,” which will help foster growth and development by access to the latest technologies, and strategic partnership between Indian SMEs and foreign companies, with a special focus on Joint Ventures with Japan, South Korea and Taiwan.

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