Textiles to toys: MSMEs get a Rs 2,250 crore booster shot with mission exports – The Times of India

NEW DELHI: The commerce, MSME and finance ministries will work together to identify various sectors that will require maximum capital support for technology upgradation, marketing, brand building, and accessing newer markets, to boost exports, commerce minister Piyush Goyal said Saturday. Govt has announced setting up an Export Promotion Mission with an outlay of Rs 2,250…

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In the rough: India’s Gem and Jewellery industry loses shine, pins hope on budget – ET Retail

Representative image It has not been an easy time for the gems and jewellery sector in the backdrop of geopolitical uncertainties, rising interest rates and demand slump in major consumer markets playing spoilsport. The overall gems and jewellery exports fell 8.14 per cent year-on-year in December to Rs 18,281.49 crore ($2,195.23 million), as per data…

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