Suresh Prabhu

India will aim to receive $100 billion in foreign direct investments in the next two years and special industrial clusters are being created for countries like Japan, South Korea, China and Russia where their companies can invest and operate, Union...

Industry body CII has welcomed the Government's move to kick-start consultation process for framing a national policy on e-commerce and said any rules in this regard should be made in view of greater digital economy and larger national interest.The...

Union Commerce and Industry Minister Suresh Prabhu said that the Government plans to turn Goa into a logistics hub of the country.“We are going to make Goa the logistics hub of the country. There are four coastal states on...

The Government is considering a national policy on retail trade with a view to ensuring orderly growth of the fast growing sector.According to a PTI report: The commerce and industry ministry, a Government official said, has written to the...

The Indian Government has decided to set up a task force to finalise a policy on the e-commerce sector in the country, an official announced on Tuesday.The decision to set up a task force was taken at the first...

With increasing output from the agriculture sector leading to a rise in food processing activities, India will be able to cater to the international markets by exporting more processed foods, Commerce Minister Suresh Prabhu said on Friday."Among other sectors,...

Union minister Suresh Prabhu unveiled the Central Government's Rs 2,600 crore package for the leather and footwear industry, saying it had the potential of generating over three lakh jobs and formalising another two lakh in the next three years.According...

India is aiming at a two-fold hike in exports of food items in the next five years which will help in doubling the income of farmers and those associated with the food and agriculture industry, the Ministry of Commerce...

India is awaiting an appropriate proposal from US tech giant Apple to set up a manufacturing unit in the country, Union Commerce Minister Suresh Prabhu said on Monday.Briefing reporters here after a meeting of the Council for Trade Development...

Representatives from Swedish furniture major IKEA met Commerce & Industry Minister Suresh Prabhu, as the company looks to ramp up its presence in India. According to a PTI report: However, IKEA has not sought any relaxation in local sourcing norms...