Jitin Prasada

March 19, 2025 10:18 AM

India and Malaysia hold bilateral meeting to strengthen trade and economic cooperation

Union Minister of State for Commerce and Industry, Jitin Prasada, held a bilateral meeting on Tuesday with Malaysian Deputy Minister of Investment, Trade, and Industry, Liew Chin Tong, to explore ways to strengthen trade relations and review progress on the ASEAN-India Trade in Goods Agreement (AITIGA). Both leaders agreed to accelerate the review of AITIGA, aiming for a substantial conclusion by 2025, according to a statement from the Ministry of Commerce and Industry. Malaysia is one of the ...

Govt unveils Rs. 1.97 lakh crore PLI schemes to boost manufacturing and exports

The Indian government has reaffirmed its commitment to boosting domestic manufacturing and exports through its Production Linked Incentive (PLI) Schemes. Union Minister of State for Commerce and Industry, Jitin Prasada, provided details on the progress of these initiatives in a written reply to the Lok Sabha today. The PLI Schemes, designed to support India's vision of becoming 'Atmanirbhar' (self-reliant), cover 14 key sectors with a total outlay of Rs. 1.97 lakh crore (over US$26 billion). Th...