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August 10, 2026
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GST refund facilitation expands provisional input tax credit refunds and removes the minimum threshold for export-related IGST refunds.
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August 10, 2026
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Discharge in a money-laundering prosecution was sought before a special PMLA court concerning alleged siphoning and laundering of loans advanced to Jet Airways by Canara Bank. The prosecution was directed to respond, subject to the applicant not seeking adjournment. Discharge is available after filing of a chargesheet and before framing of charges where the material before the court is insufficient to establish the alleged offence. The proceedings arise from a CBI FIR concerning alleged bank fraud involving Jet Airways and associated persons.
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MSME and export promotion framework expands finance, technology, infrastructure, sustainability and global-market support for enterprise growth.
Haryana Progressive MSME and Export Promotion Policy 2026 creates a five-year framework for MSME growth through financial incentives, institutional support, industrial infrastructure, technology adoption and export facilitation. Identified thrust-sector enterprises may receive capital and interest subsidies, stamp duty reimbursement, employment assistance, insurance support, and incentives for automation, artificial intelligence, testing and research. Proposed venture capital and credit guarantee funds seek to improve institutional and collateral-free finance. Export support covers international certifications, credit, insurance, freight, e-commerce, trade fairs, documentation, compliance and buyer connections, alongside sustainability and inclusive entrepreneurship measures.
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Mustard honey export from Tripura to Dubai marks the first international shipment by Dergang Farmer Producer Organisation, supported through export-oriented aggregation and market linkage initiatives. The export creates overseas market access for local beekeepers and farmers, diversifies the honey value chain, and encourages quality-focused production. Industry collaboration supported bee production and an export-oriented supply chain, while capacity building, quality assurance, value addition and market linkages can strengthen agricultural exports and farmer participation in international markets.
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Digital banking evidence gains recognition through a modernised framework for physical and electronic records, with privacy and security safeguards.
The Bankers' Books Evidence Bill, 2026, modernises the evidentiary framework for bankers' books by permitting banking records to be produced in physical or electronic form in legal proceedings. It recognises electronic, digital and virtual records and enables the Central Government to extend the regime to other regulated financial entities, supporting a uniform financial-sector evidentiary framework. The framework seeks secure and transparent use of banking records while safeguarding customer privacy, confidentiality and data security.
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Illicit manufacture and attempted export of controlled opioid medicines were detected in a network producing, concealing, storing and exporting Tramadol Hydrochloride tablets to Nigeria. A consignment declared as Pregabalin capsules contained concealed Tramadol Hydrochloride and Tapentadol tablets. Investigation identified clandestine manufacture, repacking and preparation for export, with searches yielding tablet-compression machinery and raw materials. Tramadol is a psychotropic substance under the Narcotic Drugs and Psychotropic Substances Act, while Tapentadol is regulated under the Drugs and Cosmetics Act and its rules.
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August 10, 2026
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Digital EODC processing removes physical duty challans through authenticated payment verification for export authorisation closure.
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Trusted service-call numbering requires verified utilities and logistics entities to use dedicated numbers exclusively for transactional and service communications.
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August 10, 2026
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August 10, 2026
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Russian crude imports reshape India's refining trade as processed petroleum products reach sanctioning jurisdictions despite import restrictions.
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The rupee depreciated against the US dollar amid a stronger dollar, higher global crude oil prices and uncertainty surrounding West Asia-related negotiations. Concerns over crude oil's potential impact on the trade deficit weighed on the currency, while positive domestic equity markets and foreign portfolio investment inflows provided support. Market caution remained focused on forthcoming US inflation data, dollar-index movements and Brent crude prices. Foreign-exchange reserves increased during the reported period.
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August 10, 2026
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Credit-card spending features include conversion of eligible purchases into EMIs, selected no-cost EMI options, reward points, cashback, merchant discounts and payment flexibility. Travel-related benefits may include domestic airport lounge access, travel-booking discounts, fuel-surcharge waiver and anniversary-linked rewards. The AU 0101 application enables transaction tracking, balance and interest-rate monitoring, EMI conversion and bill-payment management. Features and offers are subject to change, customer eligibility, internal policies and partner-merchant terms.

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Make In India Week concludes on a high note showcasing India’s manufacturing prowess Manufacturing, Design and Innovation has been brought to the centre stage – Amitabh Kant

February 18, 2016

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Press Information Bureau

Government of India

Ministry of Commerce & Industry

18-February-2016 16:39 IST

            Curtains came down on the first ever Make In India Week in Mumbai with the biggest show of manufacturing prowess, concluding on a high note.  The week long event  -

·         Created avenues for showcasing, connecting and collaborating for manufacturing in India

·         Promoted an Investment enabling environment

·         Provided encouragement to to Design, Innovation, Youth and Startups

·         Provided a  platform where global CEOs, think tanks, policy makers, Diplomats and Political leaders converged

            Addressing the Closing Press Conference in Mumbai today, Secretary, Department of Industrial Policy & Promotion, Mr. Amitabh Kant said the Make In India Week witnessed a business commitment of ₹ 15.20 lakh crore in investment.  “Make In India Week in Mumbai has been phenomenal hit. It has successfully brought manufacturing, design and innovation to the centre-stage” Mr. Kant said.

            Maharashtra Chief Minister Mr. Devendra Fadnavis said his state was successful in attracting investment worth ₹ 8 lakh crores across sectors. He said a Task Force is being set up headed by the State Industry Minister to ensure that MoUs signed are translated into actual investments. 

Facts at a glance

            More than 8 lakh people visited the Make In India Expo and other events, of which 49,743 were registered delegates.   102 countries were represented in the mega expo.

            A total of 150 events were organized under the Make In India Week banner while more than 25,000 people participated in  Seminars and Symposia, where over 1,200 experts from various walks of life from Ministers, Chief Ministers, policymakers, industrialists, academicians and spiritual gurus spoke on wide ranging issues concerning business and society.

            The Make In India Expo was spread over 23 lakh sqft area, housed under air-conditioned hangers in 27 halls.  215 exhibitors show cased their strengths and opportunities in 11 sectors covering aerospace & defence, automobiles, chemicals & petrochemicals, construction machinery, food processing, infrastructure, IT & electronics, industrial equipment & machinery, MSME, pharmaceuticals and textiles.  17 Indian states and 3 countries – Germany, Sweden and Poland had their pavilions in the Make In India Centre.

Make In India Week also provided platform for nearly 8,200 Business-to-Business,  Business –to-Government and Government –to-Government meetings.

Key deals concluded during the MIIW

•      Sterlite Group company TwinStar Display Technologies & MIDC for LCD manufacturing unit in technical collaboration with Autron of Taiwan

•      BAE Systems and Mahindra for assembling and testing of M777 Howitzers

•     ORACLE’s USD 400 million investment in India to set up 9 incubation center

•     Trivitron healthcare manufacturing unit in Chennai

•  Gujarat Government and Vestas (Denmark) for wind mill blades manufacturing unit at Ahmedabad

•       Raymond Industries to invest ₹ 1400 crore for manufacturing linen yarn and fabric facility

•       Mahindra & Mahindra: Investment – ₹ 8000 crores (Nashik: ₹ 6500 crores, Chakan – ₹ 1,500 crore)

•       Gujarat Government and Tar Kovacs Systems (France) for offshore platform to develop marine applications in Gujarat

•       Tar Kovacs and Government of Karnataka for setting up ocean based renewable energy project

•       Yes Bank and IREDA for financing of renewable power projects

•       Ascendas | Investment: ₹ 4571 crore | Employment: 1.09 Lakh

•       Mercedes | Investment: ₹ 1500 crore | Employment: 4270

•       Rashtriya Chemicals and Fertilizers | Investment: ₹ 6204 cr | Employment: 140

•       Godrej Industries| Investment: ₹ 3000 cr | Employment: 2000

•       JSW Jaigarh Port Ltd | Investment: ₹ 6000 crores | Employment: 1000

•       CREDAI and MCHI for 5.7 Lakh affordable homes with an investment of ₹ 1.1 lakh  crore and 7.6 lakh jobs

•       Government of Jharkhand and Vedanta Ltd

•       Government of Jharkhand and Adani group to set up a thermal power plant with a total capacity of 1,600 MW to be supplied to Bangladesh Grid

•       Agreement between Government of Jharkhand and Adani Group to set up a Coal based Methane fertilizer plant

•       Uber and Skill Development and Entrepreneurship Department (SDED) of the Maharashtra government

•       Solar Industries and Government of Maharashtra to set up a Nagpur plant for manufacturing of ammunition for armed forces

Policies / initiatives unveiled

·         Rs 2,200 crore Electronics Development Fund was unveiled by the Communications & IT Minister Shri Ravi Shankar Prasad to finance innovations, research and development in electronics manufacturing sector

·         National Capital Goods Policy was unveiled by the Heavy Industries Minister Shri Anant Geete aimed at creating an ecosystem for a globally competitive capital goods sector.

·         Investment Opportunities in Food Processing Industry by Ms.Harsimrat Kaur Badal.

·         E toll policy covering 360 toll plazas on the National Highways across the country.

State specific policies

            The Maharashtra government unveiled five new policies during the Make In India Week:

1. Maharashtra Retail Policy, 

2. Single Window Policy, 

3. Maharashtra Maritime Industries Policy.

4. Electronics Policy covering FAB manufacturing

5. Special package for SC/ST entrepreneurs.

            Odisha Industrial Development Plan 2025,  Jharkhand Industrial Promotion Policy 2016 were also unveiled during the week.

            Make In India Mittelstand initiative was aimed at attracting Small & Medium Enterprises from Germany to set up manufacturing facilities in India.  19 Mittelstand companies had enrolled for the programme.

Focus on Design, Innovation & Start Up

            Shri Amitabh Kant said, one of the key focus areas of Make In India Week was Design, Innovation & Start Ups. On Spot prize of ₹ 2 crore by Qualcomm for Startups in India today.

            Hackathon, organized by the consortium of IITs provided a platform for innovators, programmers and engineers. Two teams each providing innovative solutions in water, energy and transportation were awarded during the week.

            Other key initiatives of the Make In India Week included Industry- Academia Partnership, role of design in manufacturing, Make In India : Way Forward seminar with focus on domestic manufacturing, digital India initiative, smart cities and skill India programme.

Participation

             Key Government delegates during the week included Mr. Stefan Lofven, Prime Minister of Sweden, Mr. Juha Sipila, Prime Minister of Poland, Mr. Piotr Glinski, First Deputy Prime Minister of Poland, Yosuke Takagi, Minister of Economy, Trade & Industry, Japan,  Cesar Fergozo, Minister of Asia and Middle East, Mexico, Ignasius Jonan, Transportation Minister of Indonesia and Som Prasad Pandey, Industry Minister of Japan.

             Union Ministers who participated in the Make In India Week that was inaugurated by the Prime Minister Mr. Narendra Modi included – Mr. Arun Jaitley,  Mr. Manohar Parrikar, Mr. Nitin Gadkari, Mr. Ravi Shankar Prasad,  Mr. Kalraj Mishra, Ms. Nirmala Sitharaman, Mr. Piyush Goyal, Mr. Dharmendra Pradhan, Mr. Anant Geete, Mr. Santosh Kumar Gangwar, Ms. Harsimrat Kaur Badal and Col Rajyavardhan Rathore.

             Key Indian CEOs who were present included Ratan Tata, Cyrus Mistry, Mukesh Ambani, Kumar Mangalam Birla, Anand Mahindra, Gautam Adani, G V Sanjay Reddy (GVK), Ajay Piramal, Y C Deveshwar (ITC) among others.

             Key foreign CEOs who attended the MIIW included  John Chambers of CISCO Systems,  Markus Wallenberg of SEB, (Sweden),  Doug DeVos of Amway, Hakan Bushke of SAAB, Sweden,  Edward Monser IV of Emerson, USA, Mats H Olsson of Ericsson and Karol Zarajczyk of Ursus, Poland.

The way forward

The Make In India Week concluded with a

·         commitment to achieving the vision of 25% contribution to GDP through manufacturing

•       Striving to provide investment enabling environment to Foreign and Domestic investors

•       Promoting quality jobs through development of innovation and design ecosystem

•       Forging partnerships for manufacturing sector development for enabling “Champions of Manufacturing”

•       Active cooperation with States for promoting manufacturing  across all States in India and remotest part of the country

•       Promoting Industry and Academia linkages for joint research and product development to drive frugal engineering

•       Focus on spreading awareness about promoting manufacturing in under developed areas of the country

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