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Suresh Prabhu

Retail

India eyes $100 billion FDI in next two years: Suresh Prabhu

Indiaretailing Bureau -
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...
Retail

Ensure level-playing field for others while framing national policy on e-commerce: CII

Indiaretailing Bureau -
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...
Retail

Goa will be made logistics hub of India, says Suresh Prabhu

Indiaretailing Bureau -
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...
Retail

Government to introduce national policy for retail trade

Indiaretailing Bureau -
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...
Retail

India to frame e-commerce policy

IANS -
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...
Food

India can cater to global processed food market: Suresh Prabhu

IANS -
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,...
Fashion & Lifestyle

Rs 2,600 cr package for leather and footwear industry unveiled

Indiaretailing Bureau -
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...
Food

Aiming for two-fold hike in food exports: Commerce Ministry

Indiaretailing Bureau -
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...
Retail

Government awaiting Apple proposal for making in India: Prabhu

IANS -
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...
Home Decor & Furnishing

IKEA top brass meets Prabhu as company looks to ramp up presence in India

Indiaretailing Bureau -
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...
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In FocusDisha Shah -

Why consumers continue to adhere to traditional preferences in jewellery buying

While modern styles and sustainable options like lab-grown diamonds are rising, many consumers still prefer traditional jewellery The Indian Jewellery...
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