From robust manufacturing to FDI inflows, India rising on world stage: Piyush Goyal

COMMERCE and Industry Minister Piyush Goyal on Wednesday shared some of the major highlights from the Ministry in the past few weeks which include robust manufacturing and rising FDI inflows, among others.

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Those in the semiconductor and electronics component manufacturing space have a lot to cheer about.

“SEZ reforms have been notified to promote investments and manufacturing. The area required for setting up a factory has been reduced to 10 hectares from the earlier 50 hectares. Moreover, manufacturers have also been allowed to supply domestically after payment of applicable duties,” the minister posted on X social media platform.