The Ministry of Food Processing Industries (MoFPI), Government of India has issued a Notice Inviting Proposals for financial assistance to set up multi-product food irradiation units under the component scheme “Integrated Cold Chain and Value Addition Inf
IntroductionThe Revamped Pharmaceutical Technology Upgradation Assistance Scheme (RPTUAS) is a flagship initiative under the Strengthening of Pharmaceuticals Industry (SPI) program, launched by the Department of Pharmaceuticals, Ministry of Chemicals & Fe
What is the Amended Technology Upgradation Fund Scheme (ATUFS)?The Amended Technology Upgradation Fund Scheme (ATUFS), managed by the Ministry of Textiles, promotes modernization in India’s textile industry by providing a Capital Investment Subsidy (CIS)
IntroductionIn today's rapidly evolving industrial landscape, ensuring the safety and quality of machinery and electrical equipment is paramount. The Bureau of Indian Standards (BIS) introduced Scheme X under the Conformity Assessment Regulations to addre
The Indian government has taken a significant step towards strengthening the clean energy and electric vehicle (EV) sectors. In Budget 2025, Finance Minister Nirmala Sitharaman announced the exemption of customs duty on cobalt powder & waste, scrap of lit
The Union Budget 2025 has introduced a significant push for domestic manufacturing and value addition, particularly in the lithium-ion battery sector. With a growing emphasis on electric mobility and self-reliance, Finance Minister Nirmala Sitharaman anno
The Union Budget 2025-26 has introduced significant changes in customs duties related to the leather industry, benefiting both importers and exporters. Import of Wet Blue leather is now fully exempt from Basic Customs Duty (BCD).Export of Crust leather is
IntroductionTo make international trade easier and more efficient for Indian businesses, the government has introduced a new digital platform called Bharat Trade Net (BTN). Announced during the Union Budget 2025, BTN aims to streamline trade processes, ma
The Union Budget 2025-26 has unveiled transformative measures to bolster India's Micro, Small, and Medium Enterprises (MSMEs), recognizing their pivotal role in economic growth and employment generation.Enhanced MSME Classification CriteriaTo facilitate s
Ministry Of Food Processing Industries (MoFPI)Financial Assistance to setting up of Food Processing UnitsProposals are invited from prospective entrepreneurs for setting up food processing units outside Mega Food Parks and Agro-Processing Clusters.Under t
