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Opportunity India Desk

Opportunity India Desk

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DPIIT Holds Meet With World Bank To Elevate Country’s Logistics Efficiency

Opportunity India Desk Dec 08 2023 - 3 min read

The Department for Promotion of Industry and Internal Trade (DPIIT) recently held a meeting with World Bank and showcased ongoing initiatives and forthcoming reforms aimed at elevating India's logistics efficiency. Sumita Dawra, Special Secretary (Logistics), DPIIT, said, “The primary focus of the meeting was to unveil a collaborative action plan shared by ...

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Finance

RBI Holds Steady At 6.5% Repo Rate, Hikes Growth Forecast To 7%

Opportunity India Desk Dec 08 2023 - 7 min read

The Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das on Friday opted to maintain the repo rate at 6.5 per cent following a comprehensive evaluation of the evolving macroeconomic developments. This is the fifth consecutive meeting in which the MPC has chosen to maintain the existing status on the repo rate. ...

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Msme

Textiles Ministry Extends PLI Applications Date Till December 31

Opportunity India Desk Dec 07 2023 - 2 min read

The Ministry of Textiles has decided to extend the application deadline for new submissions under the Production Linked Incentive (PLI) scheme for textiles. The revised deadline for fresh applications is now set for December 31, 2023. The extension includes categories such as manmade fiber (MMF) apparel, MMF fabrics, and technical textile products.

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Startup

Startup India: Nearly 1.16 Lakh Entities Get Recognition In 8 Years

Opportunity India Desk Dec 07 2023 - 3 min read

Country’s startup ecosystem is flourishing, with close to 1.16 lakh government-recognized startups operating under the Startup India initiative. The government has officially acknowledged 1,14,902 entities as startups as of October 31, 2023, since the program's launch in 2016, said Minister of State for Commerce and Industry Som Parkash. While the Ministry reported this ...

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Electric Vehicles

Hero MotoCorp, Ather Partner To Boost EV Fast-Charging Network Countrywide

Opportunity India Desk Dec 07 2023 - 3 min read

Hero MotoCorp and Ather Energy have joined forces to establish an interoperable fast-charging network in the country. The partnership aims to provide electric vehicle (EV) users with the convenience of seamlessly utilizing both VIDA and Ather Grids nationwide. The expansive network is set to span 100 cities and include over 1,900 ...

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