The Union Government has amended the Promotion of Research and Innovation in Pharma MedTech Sector (PRIP) Scheme to strengthen India’s pharmaceutical and medical technology innovation ecosystem. The revised framework, notified on October 1, 2025, aims to ensure smoother implementation, improve governance clarity, and make benefit-sharing mechanisms more effective. The amendment…
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Italy–India Business Forum 2025 | Strategic Partnership
The Italy–India Business Forum 2025, held in Mumbai on 11 December 2025, marked a significant boost to the growing economic partnership between the two nations. The event coincided with the visit of Italy’s Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, H.E. Antonio Tajani, and brought together…
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Piyush Goyal Launches NEST–02, Focus on Skilling
Union Minister of Commerce and Industry Shri Piyush Goyal on Thursday inaugurated the NEST–02 (New Enterprises & Services Tower – Phase 2) facility at the Santacruz Electronics Export Processing Zone (SEEPZ) in Mumbai. Addressing industry stakeholders, he called for stronger transparency, enhanced skilling initiatives, and deeper industry–government collaboration to accelerate…
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Nationwide 5G Rollout Hits 99.9% Coverage
The government told the Rajya Sabha on Thursday that 5G services are now available in all States and Union Territories and reach 99.9% of districts nationwide. Minister of State for Communications and Rural Development Dr. Pemmasani Chandra Sekhar said telecom service providers (TSPs) have installed 5.08 lakh 5G Base Transceiver…
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Indian Navy Commissions Diving Support Craft A20
The Indian Navy will commission DSC A20, the first indigenously designed and constructed Diving Support Craft (DSC), at Kochi on December 16, 2025. The commissioning ceremony, under the Southern Naval Command, will be attended by Vice Admiral Sameer Saxena, Flag Officer Commanding-in-Chief, Southern Naval Command.Built by Titagarh Rail Systems Limited…
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Annapoorna 2025: India’s Food Processing Ecosystem on Show
FICCI’s Annapoorna Interfood 2025 in Mumbai brought policy-makers, processors, buyers and investors together to examine how India’s food-processing sector can convert agricultural abundance into farmer prosperity and consumer choice. Speaking at the 17th edition, Avinash Joshi, Secretary of the Ministry of Food Processing Industries (MoFPI), stressed that scaling processing, value-addition…
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PLI Auto Scheme: 82 Applicants Approved; ₹25,938 Cr Outlay
New Delhi, December 9, 2025: The Production Linked Incentive (PLI) Scheme for Automobile and Auto Components has approved 82 applicants as of November 30, 2025, aiming to accelerate domestic manufacturing of Advanced Automotive Technology (AAT) products. The scheme carries a budgetary outlay of ₹25,938 crore and sets an ambitious eligible…
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MNRE Pushes Calibrated Financing for Solar Growth
The Ministry of New & Renewable Energy (MNRE) on Sunday urged financial institutions to adopt a calibrated, well-informed approach while evaluating finance proposals across the solar photovoltaic (PV) manufacturing ecosystem. The ministry clarified that it has not issued any advisory directing lenders to pause or halt fresh renewable energy financing,…
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Govt Launches Export Mission to Boost MSMEs
Facing global logistics disruptions, the Government of India has rolled out an ambitious package to shore up export competitiveness with a focus on MSMEs, first-time exporters and labour-intensive sectors. Announced in a Rajya Sabha reply, the measures include a Credit Guarantee Scheme for Exporters, a flagship Export Promotion Mission (EPM)…
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Electronics Manufacturing Soar Sixfold Exports Rise Eightfold
India’s electronics manufacturing sector has undergone a dramatic transformation over the past decade. According to official data presented in the Rajya Sabha on 5 December 2025, electronics output rose from ₹1.9 lakh crore in 2014–15 to ₹11.32 lakh crore in 2024–25 a near sixfold increase while electronics exports surged eightfold…