Latest news with #IndustriesDepartment
New Indian Express
3 days ago
- Business
- New Indian Express
Delhi government proposes boost to hospitality sector in draft industrial policy
NEW DELHI: In a bid to position Delhi as a global hub for business and leisure tourism, the Delhi government's draft Industrial Policy 2025-35 has proposed targeted interventions to strengthen the city's hospitality sector. These include increasing hotel room availability near key locations in the national capital like ITPO at Pragati Maidan and Yashobhoomi in Dwarka. The draft, released for public feedback by the Industries Department, identifies three focus sectors including Frontier tech services, research & development and hospitality (excluding tourism), that are expected to drive the capital's economic growth while addressing land scarcity and sustainability concerns. To support Frontier tech services such as AI, Big Data, Gaming, Biotech, and IT & ITeS, the government has proposed major fiscal incentives. These include 50% capital investment reimbursement (up to Rs 50 crore), 6% annual interest subsidy for five years, full reimbursement of patent filing costs up to Rs 5 lakh per patent and a Rs 400 crore venture capital fund. Additionally, a 100% NET SGST reimbursement for five years and a 50% exemption on interstate power wheeling and transmission charges are proposed. The policy acknowledges the space crunch in commercial real estate and proposes developing Plug & Play IT Parks and Global Capability Centres in Baprola, Ranikhera, and Kanjhawala through PPP models. It also plans to ease regulatory norms to make Delhi more conducive to restaurants and nightlife by streamlining compliance and adopting a 'reasonable' alcohol policy.
Indian Express
3 days ago
- Business
- Indian Express
Delhi govt unveils draft industrial policy to tackle red tape, attract investments
Dealing with regulatory 'inefficiencies' and bringing in a simpler registration and approval process is the way forward for Delhi to become a global business hub. This is at the core of the Delhi government's 'Draft Industrial Policy-2025-35', which aims to promote sectors such as banking, artificial intelligence and robotics. It also aims to promote the Research and Development (R&D) and Hospitality sectors to boost revenue and employment. The draft policy noted that the Capital's business environment suffers from 'significant regulatory inefficiencies' — including lengthy 4-6 month registration and licensing processes, multiple agency approvals, bureaucratic 'delays', 'corruption', and complex tax policies. This hinders businesses, especially SMEs, discourages FDI, and slows infrastructure development. 'To address this, Delhi must leverage AI-driven automation, digital governance, and investor-friendly frameworks to create a seamless and transparent economic ecosystem… so that Delhi can transform into a highly efficient and business-friendly hub, attracting investments, boosting employment, and accelerating economic growth,' reads the policy. The Industries Department has sought comments from the public and stakeholders on the draft. The steps recommended by the draft policy included implementing single-window business registration portals with blockchain verification for automated approvals and real-time tracking, inspired by Singapore's BizFile+ and Estonia's e-Residency. Enhancing regulatory transparency through blockchain-based systems to prevent manipulation and delays, as was in Dubai's Blockchain Strategy, accelerating commercial expansion and infrastructure development with one-stop digital approval systems and intimation-based regimes like Hong Kong's E-Submission Hub, were also suggested in the draft policy. 'The policy aims to harness the city's skilled human capital, create quality employment opportunities, and ensure inclusive, sustainable economic growth, while making optimal use of Delhi's limited land and environmental resources,' said officials. Under this policy, the government also aims to set up a Rs 400-crore venture capital fund. There are also plans to provide reimbursement of 50% fixed capital investment (including land) for five years for businesses in frontier-tech sectors up to a maximum limit of Rs 50 crore per project. In addition, there will be a 6% interest subsidy per annum for the first five years; reimbursement of 100% state GST for five years; 100% reimbursement of patent filing up to Rs 5 lakh per patent; and exemption of 50% on wheeling charges and transmission charges, on interstate purchase of power, reads the draft policy. Industrial areas in Baprola, Rani Khera and Kanjhawala have been earmarked for development of the frontier-tech services sector. Further, to boost the hospitality sector, the policy recommends permitting hotels and serviced apartments as part of commercial centres in industrial zones. The government has proposed a series of targeted interventions, including increasing hotel rooms near locations like ITPO at Pragati Maidan and Yashobhoomi for the hospitality sector under its policy. 'Facilitate the PPP model for developing tourism infrastructure at government facilities… Make Delhi a restaurant and bistro-friendly city with streamlined compliance and regulatory burden, and a reasonable alcohol policy,' reads the draft. An 'inter-departmental committee' will be formed to serve as a recommendatory body to the Cabinet for sanction of incentives across various sectors. A high-level review and monitoring committee will be constituted to monitor the implementation and progress of all the policy provisions regularly, said officials. Officials said the subsidies will be sanctioned by the Commissioner, Industries. Further, the draft policy recommends holding a Global Investor Summit and other events for promotion of the policy and industrial development in Delhi. There are a total of 32 planned and 27 unplanned industrial areas and 4 flatted factories in Delhi.
NDTV
15-07-2025
- Business
- NDTV
Handloom Meets Climate Action: Delhi to Host 'Vastra Katha' on August 6
Delhi: Aiming to promote climate-conscious fashion and India's textile heritage, the Delhi government will organise a large-scale public event on August 6 to mark the National Handloom Day. The event, Vastra Katha, is being held by the Delhi Khadi and Village Industries Board (DKVIB) under the Industries Department. Announcing the event on Tuesday, Environment and Industries Minister Manjinder Singh Sirsa said that the event will blend tradition, sustainability, and youth-led innovation through a curated exhibition, promoting Geographical Indication (GI)-tagged handlooms and handmade or natural fabrics over fast fashion. A GI-tag is used to mark the authenticity and uniqueness for products that are native to specific regions. "Handloom is rooted in nature, environmentally friendly, and sustains rural livelihoods - especially for women. It's not just cultural heritage; it's climate action," Mr Sirsa said, adding, "The fashion industry is a major contributor to global warming." What to Expect at Vastra Katha The event will feature 24 curated stalls displaying rare, GI-certified textiles from over 20 states and union territories - including Assam's Muga silk, Telangana's Pochampally Ikat, Tamil Nadu's Kanchipuram, Madhya Pradesh's Chanderi and Maheshwari, Kerala's Kasavu, and West Bengal's Kantha, among others. A fashion ramp walk themed on the Vedic civilisation will reimagine these textiles in contemporary silhouettes, with participation from both professional models and students. More than 150 students from top institutions - including LSR, Miranda House, Hindu College, Pearl Academy, and others - are expected to take part, curating exhibits and walking the ramp in handloom wear. Well-known designers like Rahul Mishra, Sanjay Garg, Surekha Jain, Rina Dhaka, and Pernia Qureshi will also participate in the event to mentor young artisans. A Turnaround Plan for DKVIB The event comes at a time when the Delhi Government has been trying to restructure the Delhi Khadi and Village Industries Board. "We are bringing in long-overdue reforms to make DKVIB sustainable by the end of this year and profitable by 2026. The government had already allocated Rs 50 crore for skilling and capacity-building in the handloom sector. We need platforms to showcase the work of our artisans, and Vastra Katha is one of them," Mr Sirsa said. He also credited both Prime Minister Narendra Modi and Delhi Chief Minister Rekha Gupta for supporting the revival of India's indigenous textile traditions under the "Vocal for Local" campaign. The event aims to establish Vastra Katha as an annual flagship event of Delhi, turning DKVIB into a model board for artisan welfare and sustainable fashion.
Hans India
07-07-2025
- Business
- Hans India
Implementation of 90 pc MoUs signed during Davos summit underway: Maha Minister
Maharashtra Industry Minister Uday Samant on Monday claimed that Maharashtra is not only the most favoured investment destination but also in the fast implementation of the memorandum of understanding (MoU). He told the state assembly that 90 per cent of the MoUs worth Rs 15.72 lakh crore signed during the Davis summit are under various stages of implementation. He thereby hit back at the opposition, which has raised serious doubts over the fate of the MoUs. '90 per cent of the MoUs for industrial investment in the state are being implemented, and Maharashtra is the first state in the country to implement them after they were signed. Out of the 46 MoUs signed in Davos in January 2025, land has been distributed to 15 industries. The process of giving land to 7 industries is underway, while the process of giving alternative land to 20 industries is underway, as they did not like the land shown to them,' said Samant in his reply to the debate under assembly rule 293 moved by the treasury bench members in the Legislative Assembly. He claimed that Gadchiroli district was known as a Maoist district, but now it will be developed as a steel hub, adding that the state government has received investment proposals of over Rs 1 lakh crore in Gadchiroli. 'The process of allocation of land to all the industries coming to Gadchiroli has been completed. The industries coming up here will benefit Chandrapur, Bhandara, and Gondia districts,' said Minister Samant. Chhatrapati Sambhajinagar has received investment proposals of Rs 60,000 crore in various sectors, said the minister, adding that Raigad district is becoming an industrial hub. 'We have also been successful in bringing in an investment of Rs 30,000 crore in Ratnagiri district. The Industries Department is working with the view that there should be equal industrial development in all of Maharashtra,' he noted. Samant also said that the long-pending Navi Mumbai Airport is 95 per cent complete and its first phase will be completed by September. Speaking on the controversy over the imposition of Hindi from grade one, Minister Samant said that the Mashelkar Committee report on making Hindi mandatory and accepted by the Uddhav Thackeray government will be placed on the floor of the House, and copies of it will be given to each MLA. He also said that compulsion was in effect then, and compulsion is not in effect now. 'Those who do politics on the issue of Marathi, I want to clarify that this government is working for the further development of Marathi,' he said.
Hans India
07-07-2025
- Business
- Hans India
Unemployed youth should take advantage of DEET (Digital Employment Exchange-Telangana) : Local MLA Thudi Megha Reddy
Wanaparthy: MLAs participated as chief guests in the DEET inauguration program organized by the District Industries and Commerce Department at the IDOC Conference Hall in Wanaparthy district on Monday. Additional Collector Revenue G Venkateswarlu, Additional Collector Local Bodies In-charge Yadayya, Industries Department Officer Jyoti, Placement Officer S.N. Arjun Kumar, Task Manager Siraj along with them launched the DEET magazine. Speaking on the occasion, the MLAs said that educated youth remain unemployed because they do not know where to find a job related to their education and skills, and at the same time, they have difficulty in finding and retaining the skilled people required by industries. That is why the Chief Minister of the state has created DEET with AI technology as a bridge between the unemployed and the industrialists to solve this problem. He said that all the unemployed youth should log in to DEET and get an identity card, so that 10 thousand people in Wanaparthy district are planned to be employed in the private sector in the next 5 years. The Telangana government, through the Industries and Commerce Department, has brought Digital Employment Exchange- Telangana (DEET) to empower the youth of the state by increasing their productivity at no cost. This innovative AI-based online platform acts as a crucial bridge between job seekers and employers. It facilitates the job matching process according to the unique skills of the youth. DEET guides job seekers in preparing resumes. DEET provides notifications for job opportunities based on the educational journey of job seekers. In addition, it highlights available internships and apprenticeship opportunities. It makes it easy for the youth to gain practical experience in their fields. DEET enhances employment opportunities and promotes efficient organization of job fairs. Creating a vibrant job market in Telangana. Developing Youth Skills DEET not only connects individuals with job opportunities but also provides valuable resources for skill development. The platform plays a vital role in tracking skill gaps. It helps job seekers to provide comprehensive details of skill training requirements and helps users to upgrade their skills in line with industry demands. The DEET platform can be accessed through the website, Android and IOS applications. The platform assists job seekers and employers throughout the process including enrollment, job postings, job alerts, chatting with HR and interviews among other features. Through DEET, the Telangana government is committed to promoting a skilled, employable and dynamic workforce. He said that the Telangana government is working to set up a DEET wing in collaboration with officials from various departments, namely the Industries Department, Technical Education Department, College Education Department, Employment & Training Department, and Telangana Academy for Skill and Knowledge, to implement DEET effectively. Additional Collector Revenue G Venkateswarlu, Additional Collector Local Bodies In-charge Yadayya, Industries Department Officer Jyoti, Placement Officer S.N. Arjun Kumar, Task Manager Siraj, District Officers and others participated.
