Dept of Commerce, GoI

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Dept of Commerce, GoI

Dept of Commerce, GoI

@DoC_GoI

The official account of the Department of Commerce under the Ministry of Commerce and Industry, Government of India.

New Delhi انضم Nisan 2016
143 يتبع296.7K المتابعون
Dept of Commerce, GoI أُعيد تغريده
Piyush Goyal
Piyush Goyal@PiyushGoyal·
Met with a delegation of UK Members of Parliament, led by Rt. Hon. @LiamByrneMP, Chair of the UK Parliamentary Business and Trade Select Committee. Held constructive discussions on advancing India-UK relations, with a focus on economic growth, sustainable development, and innovation. Confident that our win-win partnership will unlock new opportunities for both nations. 🇮🇳🇬🇧
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Reinforcing India’s commitment to supporting exporters and ensuring seamless trade flows, the Government has approved RELIEF (Resilience & Logistics Intervention for Export Facilitation) under the Export Promotion Mission to assist Indian exporters facing rising freight costs, insurance premia and operational uncertainties. The intervention provides targeted support across the export cycle, covering both shipments already impacted and upcoming consignments to the region. ECGC Ltd. has been designated as the nodal implementing agency to ensure timely verification, claim processing and disbursement. RELIEF offers enhanced protection through up to 100% additional risk coverage for insured consignments and up to 95% support for upcoming exports. It also includes a reimbursement mechanism of up to 50% for MSME exporters facing extraordinary logistics costs, subject to a ₹50 lakh ceiling. With an outlay of ₹497 crore and real-time monitoring, the intervention aims to sustain export flows, support MSMEs, prevent order disruptions and reinforce India’s resilience and competitiveness in global trade. Read more: pib.gov.in/PressReleasePa… #DoC_GoI #RELIEF #ExportSupport #ExportPromotionMission #MSMEs #TradeResilience
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Amid global uncertainties, India is ensuring stability and continuity in trade flows. The RELIEF initiative - Resilience & Logistics Intervention for Export Facilitation, approved with ₹497 crore under the Export Promotion Mission, delivers enhanced protection against logistics disruptions, supports MSME exporters and strengthens supply chain coordination. The intervention safeguards export momentum, reduces risks and builds confidence among exporters navigating challenging global conditions. #DoC_GoI #RELIEF #ExportSupport #TradeResilience #IndiaExports @RajeshAgrawal94 @PIB_India
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Dept of Commerce, GoI أُعيد تغريده
Piyush Goyal
Piyush Goyal@PiyushGoyal·
Met a delegation of the American Intellectual Property Law Association (AIPLA) led by their President Mr. Salvatore Anastasi. We discussed advancing India’s IP laws, fostering global alignment, promoting innovation, and enhancing ease of doing business to further strengthen India's global competitiveness.
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A whole-of-government response was activated through an Inter-Ministerial Group on Supply Chain Resilience, operationalised on March 02, 2026 with daily reviews from March 03, 2026. Measures included procedural relaxations, port coordination, storage charge waivers and enhanced logistics monitoring. These efforts enabled real-time response to disruptions and supported the design and implementation of RELIEF to effectively assist exporters during the crisis. Read more: pib.gov.in/PressReleasePa… #DoC_GoI #RELIEF #ExportSupport #SupplyChain #TradeResilience @RajeshAgrawal94 @PIB_India
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To support MSMEs affected by logistics disruptions, RELIEF provides up to 50% reimbursement of increased freight and insurance costs for eligible non-ECGC-insured exporters. Applicable during February 14 to March 15, 2026, this support is capped at ₹50 lakh per exporter. The measure reduces financial stress, improves liquidity and enables MSMEs to continue participating in global trade despite rising cost pressures. Read more: pib.gov.in/PressReleasePa… #DoC_GoI #RELIEF #ExportSupport #MSMEs #IndiaExports @RajeshAgrawal94 @PIB_India
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RELIEF extends forward-looking support for exporters planning shipments from March 16 to June 15, 2026, with up to 95% ECGC risk coverage over existing cover. This targeted measure helps reduce risk exposure, sustain export momentum and ensure continuity of trade flows despite ongoing disruptions in West Asia maritime routes. It enables exporters to operate with greater confidence in a challenging global environment. Read more: pib.gov.in/PressReleasePa… #DoC_GoI #RELIEF #ExportSupport #TradeFacilitation #IndiaExports @RajeshAgrawal94 @PIB_India
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Under RELIEF, exporters with ECGC-insured consignments during the eligible period from February 14 to March 15, 2026 receive up to 100% risk coverage over existing cover. This enhanced protection safeguards shipments against conflict-related uncertainties and logistics disruptions in the Gulf and West Asia region. The measure strengthens exporter confidence, ensures operational stability and supports uninterrupted export activity during a period of global uncertainty. Read more: pib.gov.in/PressReleasePa… #DoC_GoI #RELIEF #ExportSupport #ECGC #IndiaExports @RajeshAgrawal94 @PIB_India
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Government has approved RELIEF – Resilience & Logistics Intervention for Export Facilitation under the Export Promotion Mission to support exporters impacted by disruptions in West Asia maritime routes. Beginning February 2026, rising freight costs, insurance premia and logistics challenges impacted trade flows. With an outlay of ₹497 crore, the intervention ensures continuity of exports, strengthens resilience and reinforces India’s position as a reliable global trade partner. Read more: pib.gov.in/PressReleasePa… #DoC_GoI #RELIEF #ExportSupport #ExportPromotion #TradeResilience @RajeshAgrawal94 @PIB_India
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Dept of Commerce, GoI أُعيد تغريده
Piyush Goyal
Piyush Goyal@PiyushGoyal·
A productive interaction with a delegation led by Mr. Brian Schimpf, Co-Founder & CEO of @AndurilTech. Discussed avenues to advance defence innovation and deepen technology partnerships, with a focus on expanding Anduril’s footprint in India under the Make in India initiative.
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Dept of Commerce, GoI أُعيد تغريده
Narendra Modi
Narendra Modi@narendramodi·
A landmark step towards accelerating India’s industrial growth! The Union Cabinet has approved Bharat Audyogik Vikas Yojna (BHAVYA). This will enable the development of 100 plug-and-play industrial parks, boosting manufacturing, investment and jobs across the nation. The scheme will significantly enhance Ease of Doing Business through streamlined approvals and single-window systems. It will boost logistics and services sectors too. pib.gov.in/PressReleasePa…
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Dept of Commerce, GoI أُعيد تغريده
Piyush Goyal
Piyush Goyal@PiyushGoyal·
Held a productive meeting with Mr. Varun Chandra, Chief Business, Investment & Trade Adviser to the Prime Minister of the UK. Discussed progress on the implementation of the India-UK CETA and explored avenues to further strengthen trade & investment ties between the two countries. 🇮🇳🇬🇧
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India’s exports continue to record steady growth across both services and agricultural segments. During April–February 2025–26, services exports reached US$ 387.93 Billion, registering a growth of 10.23% compared to the same period last year. At the same time, exports of commodities such as coffee and millets have also increased, reflecting expanding global demand and India’s growing presence across markets. This sustained performance highlights India’s strengthening role as a reliable partner in global trade. #DoC_GoI #IndiaExports #ExportGrowth #ServicesExports #AgriExports #GlobalTrade @RajeshAgrawal94 @PIB_India
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Dept of Commerce, GoI أُعيد تغريده
Piyush Goyal
Piyush Goyal@PiyushGoyal·
A historic decision by the Modi Government to build world-class industrial parks! The Government under PM @NarendraModi ji’s leadership has approved the Bharat Audyogik Vikas Yojna (BHAVYA) with an allocation of ₹33,660 crore to develop 100 investment-ready plug-and-play industrial parks across the country. BHAVYA is a Central Sector Scheme built on key pillars of: - Building next-generation industrial infrastructure - Boosting ease of doing business through reforms & plug-and-play ecosystems - Creating future-ready, sustainable & efficient industrial parks - Driving investment, employment & stronger industrial ecosystems Under the scheme, industrial parks ranging from 100 to 1000 acres (25 acre for Northeast and hilly regions) will be developed, with the Central Government providing financial support of up to ₹1 crore per acre. By enabling cluster-based development and co-location of industries, suppliers and support services, BHAVYA will strengthen supply chains, reduce costs and foster vibrant industrial ecosystems across regions. BHAVYA marks a significant step towards strengthening domestic manufacturing, enhancing India’s global manufacturing competitiveness and advancing the vision of Atmanirbhar Bharat. 📖 pib.gov.in/PressReleasePa…
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India’s millet exports (HS 1004) increased during Apr–Jan FY2025–26, reaching US$ 57.4 Million compared to US$ 45.8 Million during the same period last year. UAE, Saudi Arabia, Nepal and the USA are among the top destinations for millet exports, with commodities such as Bajra and Quinoa contributing to India’s millet export basket. #DoC_GoI #IndiaExports #MilletExports #AgriExports @RajeshAgrawal94 @PIB_India
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India’s services sector continues to power the country’s export growth. During April–February 2025–26, India’s services exports reached US$ 387.93 Billion, registering a strong 10.23% increase compared to US$ 351.93 Billion during the same period last year. The steady rise in services exports highlights India’s growing strength in global services trade and increasing demand for Indian capabilities across sectors such as IT, business services, finance and professional services. The services sector remains a key pillar supporting India’s expanding global trade presence. #DoC_GoI #IndiaExports #ExportGrowth #ServicesExports #GlobalTrade @RajeshAgrawal94 @PIB_India
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India’s export momentum continues to strengthen with strong performance across key sectors in February 2026. Engineering Goods exports grew by 12.90% to US$ 10.36 Billion, while Electronic Goods exports increased by 10.37% to US$ 4.18 Billion. Organic & Inorganic Chemicals exports rose 6.85% to US$ 2.38 Billion, Gems & Jewellery exports grew 4.08% to US$ 2.64 Billion, and Meat, Dairy & Poultry Products exports recorded a strong 22.66% growth to US$ 0.55 Billion, reflecting India’s expanding global demand. #DoC_GoI #IndiaExports #ExportGrowth @RajeshAgrawal94 @PIB_India
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