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Govt may help MSMEs register products abroad: Piyush Goyal
Govt may help MSMEs register products abroad: Piyush Goyal

Time of India

time10-06-2025

  • Business
  • Time of India

Govt may help MSMEs register products abroad: Piyush Goyal

Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Bern: India plans to come out with a dedicated scheme to assist micro, small and medium enterprises in registering their products overseas, commerce and industry minister Piyush Goyal government is firming up details of the Export Promotion Mission (EPM) announced in its February budget, and this scheme could be a part of the package."I am thinking of coming out with a scheme that any MSME that needs to spend any amount of money to register their products anywhere in the world, particularly for new products, new markets, and new exporters, the government will fund the whole cost," Goyal told a visiting Indian industry delegation late Monday is on a four-day visit to Switzerland and Sweden to boost trade and investments between the two asked the Indian industry to focus on exporting value-added goods and run campaigns for brand building and marketing."We do a lot of rice exports. Can we look at how to add value to those exports. We need to brand the products, can we run campaigns? Can we run joint campaigns to market Indian rice or grown-in-India rice?" the minister prompted the said the government had inked several free trade agreements and is negotiating deals with the EU, New Zealand and Oman. "I am sure the (deal with) EU will happen very soon. So, in a short span of a year and a half, we will get an FTA with all the major European countries with whom we wish to do business," Goyal said, adding Brazil is keen to initiate talks on a trade deal. "We already have negotiations with Chile and Peru," he about measures to arrest the declining trend in FDI, he said India is witnessing renewed overseas inflows and the government is open to suggestions and will adopt new measures to promote he said there is no declining trend even though periodic fluctuations may occur due to changes in global interest received FDI of $748.78 billion between 2014-2025Goyal has proposed a dedicated enclave for Swiss businesses in India with a trade deal with the European Free Trade Association (EFTA), which includes Switzerland, Norway, Iceland, and Liechtenstein, coming into effect in three an event organised to mark the Swiss industry day here, the minister said both Switzerland and India had a "natural partnership." Citing statistics to highlight the India growth story, he said the country was focussing on inclusive growth and had taken large leaps in creating infrastructure."We could even create a Swiss enclave, an area dedicated to Swiss businesses," Goyal said, adding that the enclave could have restaurants, hotels, schools and colleges for Swiss citizens who would come to work in the units of those said while India provides a huge market and skilled professionals, Switzerland has advanced manufacturing the pact, India has received an investment commitment of $ 100 billion in 15 years from the grouping. The minister suggested a reciprocal mechanism for recognition of certification about the proposed trade deal between New Delhi and the US, Goyal said both were in talks for a "fair and equitable" trade agreement that will provide them with an opportunity to expand and strengthen trade ties."We believe it's an opportunity for us to expand our bilateral trade and strengthen our partnership," he told reporters minister said that both America and India are close friends, allies and strategic partners."We are negotiating to make a nice, fair, equitable and balanced agreement to promote business," Goyal said.A US team of trade officials is in New Delhi till June 10 for talks on the trade deal, US President Donald Trump and Prime Minister Narendra Modi had announced in minister said Swiss pharmaceutical companies have not shown even a single instance that Indian companies have illegally copied any of their trademarks or patent or copyrighted technology."I was shown none, not one. This is a myth which has been propagated for years," Goyal told reporters, responding to queries on complaints of Swiss pharma companies on IPR issue."India is very respectful of intellectual property rights (IPRs). India is very conscious of its responsibilities, and India is a country known to never, ever steal anybody else's technology," he underlined that India does not permit ever-greening of patents.(The correspondent is in Switzerland at the invitation of Commerce and Industry Ministry)

Govt may start scheme to help MSME exporters register in new markets: Goyal
Govt may start scheme to help MSME exporters register in new markets: Goyal

Business Standard

time10-06-2025

  • Business
  • Business Standard

Govt may start scheme to help MSME exporters register in new markets: Goyal

The government is considering formulating a scheme to fund exporters, especially MSMEs, in registering new products in new markets with an aim to boost the country's outbound shipments, Commerce and Industry Minister Piyush Goyal has said. He added that the entire cost of such registration will be funded by the government. "I am thinking of coming out with a scheme that any MSME that needs to spend any amount of money to register their products any where in the world, particularly for new products, new markets, new exporters, the government will fund the whole cost," Goyal said here on June 9 while addressing Indian business delegation. The minister is here on an official visit to hold meetings with Swiss leaders and companies to boost trade and investments between the two countries. This scheme is expected to be part of the Export Promotion Mission (EPM), which was announced in the Budget. It may include 12 components, including easy credit schemes for MSMEs, e-commerce exporters, facilitation of overseas warehousing, and global branding initiatives, to tap emerging export opportunities and strengthen trade tools for small businesses. The EPM is divided into two broad categories - Providing Trade Finance Support (NIRYAT PROTSAHAN) and Driving International Holistic Market Access (NIRYAT DISHA) Initiative. The country's total exports of goods and services have increased to $825 billion in 2024-25 from $778 billion in the previous fiscal. MSMEs account for over 40 per cent of the country's exports. Further, he urged the Indian industry to focus on exporting value-added goods and run campaigns for brand building and marketing. "I would urge you to come with an idea for the government to support (exporters) in brand building, in getting registrations around the world. "We do a lot of rice exports, can we look at how to value add those exports. We need to brand the products, can we run campaigns, can we run joint campaigns to market Indian rice or grown in India rice," he suggested. To increase the area of exhibition in the country, the minister informed that the second phase of construction at Bharat Madapam has been authorised. "I have just authorised phase-2 of Bharat Mandapam, we are adding another few lakhs square feet," he said. Goyal added that a number of Free Trade Agreements (FTAs) have been signed and implemented by India with countries including the UAE and Australia to provide greater market access to Indian exporters. He informed that active negotiations for FTAs are on with countries, including Oman, New Zealand, and the European Union (EU). India's FTA with the UAE helps the domestic industry to tap into the Gulf region, Africa and Central Europe. A similar pact was signed with the UK and four European nation bloc EFTA. "I am sure the EU will come in very soon, so in a short span of a year and a half, we will get an FTA with all the major European countries with whom we wish to do business," Goyal said, adding Brazil wants to restart talks on the India-Mercosur trade pact. With this South American bloc (Argentina, Brazil, Paraguay and Uruguay), India has a Preferential Trade Agreement. "We already have negotiations with Chile and Peru," he added. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Govt considering scheme to help MSME exporters register goods in new markets: Goyal
Govt considering scheme to help MSME exporters register goods in new markets: Goyal

Economic Times

time10-06-2025

  • Business
  • Economic Times

Govt considering scheme to help MSME exporters register goods in new markets: Goyal

PTI In this image released by @PiyushGoyal via X on June 9, 2025, Union Commerce Minister Piyush Goyal during a meeting with the CEOs of Swiss SMEs from the precision engineering, machine tools & advanced manufacturing sectors, in Switzerland. BERN: The government is considering formulating a scheme to fund exporters, especially MSMEs, in registering new products in new markets with an aim to boost the country's outbound shipments, Commerce and Industry Minister Piyush Goyal has added that the entire cost of such registration will be funded by the government."I am thinking of coming out with a scheme that any MSME that needs to spend any amount of money to register their products any where in the world, particularly for new products, new markets, new exporters, the government will fund the whole cost," Goyal said here on June 9 while addressing Indian business minister is here on an official visit to hold meetings with Swiss leaders and companies to boost trade and investments between the two countries. This scheme is expected to be part of the Export Promotion Mission (EPM), which was announced in the Budget. It may include 12 components, including easy credit schemes for MSMEs, e-commerce exporters, facilitation of overseas warehousing, and global branding initiatives, to tap emerging export opportunities and strengthen trade tools for small EPM is divided into two broad categories - Providing Trade Finance Support (NIRYAT PROTSAHAN) and Driving International Holistic Market Access (NIRYAT DISHA) country's total exports of goods and services have increased to USD 825 billion in 2024-25 from USD 778 billion in the previous fiscal. MSMEs account for over 40 per cent of the country's he urged the Indian industry to focus on exporting value-added goods and run campaigns for brand building and marketing."I would urge you to come with an idea for the government to support (exporters) in brand building, in getting registrations around the world."We do a lot of rice exports, can we look at how to value add those exports. We need to brand the products, can we run campaigns, can we run joint campaigns to market Indian rice or grown in India rice," he increase the area of exhibition in the country, the minister informed that the second phase of construction at Bharat Madapam has been authorised."I have just authorised phase-2 of Bharat Mandapam, we are adding another few lakhs square feet," he added that a number of Free Trade Agreements (FTAs) have been signed and implemented by India with countries including the UAE and Australia to provide greater market access to Indian informed that active negotiations for FTAs are on with countries, including Oman, New Zealand, and the European Union (EU).India's FTA with the UAE helps the domestic industry to tap into the Gulf region, Africa and Central Europe. A similar pact was signed with the UK and four European nation bloc EFTA."I am sure the EU will come in very soon, so in a short span of a year and a half, we will get an FTA with all the major European countries with whom we wish to do business," Goyal said, adding Brazil wants to restart talks on the India-Mercosur trade this South American bloc (Argentina, Brazil, Paraguay and Uruguay), India has a Preferential Trade Agreement. "We already have negotiations with Chile and Peru," he said that the previous government in India focused on entering into FTAs with developing countries, which did not benefit India much."But we are doing with advanced counters," he said.

Govt considering scheme to help MSME exporters register goods in new markets: Goyal
Govt considering scheme to help MSME exporters register goods in new markets: Goyal

Time of India

time10-06-2025

  • Business
  • Time of India

Govt considering scheme to help MSME exporters register goods in new markets: Goyal

Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads BERN: The government is considering formulating a scheme to fund exporters, especially MSMEs , in registering new products in new markets with an aim to boost the country's outbound shipments, Commerce and Industry Minister Piyush Goyal has added that the entire cost of such registration will be funded by the government."I am thinking of coming out with a scheme that any MSME that needs to spend any amount of money to register their products any where in the world, particularly for new products, new markets, new exporters, the government will fund the whole cost," Goyal said here on June 9 while addressing Indian business minister is here on an official visit to hold meetings with Swiss leaders and companies to boost trade and investments between the two scheme is expected to be part of the Export Promotion Mission (EPM), which was announced in the may include 12 components, including easy credit schemes for MSMEs, e-commerce exporters, facilitation of overseas warehousing, and global branding initiatives, to tap emerging export opportunities and strengthen trade tools for small EPM is divided into two broad categories - Providing Trade Finance Support (NIRYAT PROTSAHAN) and Driving International Holistic Market Access (NIRYAT DISHA) country's total exports of goods and services have increased to USD 825 billion in 2024-25 from USD 778 billion in the previous fiscal. MSMEs account for over 40 per cent of the country's he urged the Indian industry to focus on exporting value-added goods and run campaigns for brand building and marketing."I would urge you to come with an idea for the government to support (exporters) in brand building, in getting registrations around the world."We do a lot of rice exports, can we look at how to value add those exports. We need to brand the products, can we run campaigns, can we run joint campaigns to market Indian rice or grown in India rice," he increase the area of exhibition in the country, the minister informed that the second phase of construction at Bharat Madapam has been authorised."I have just authorised phase-2 of Bharat Mandapam, we are adding another few lakhs square feet," he added that a number of Free Trade Agreements (FTAs) have been signed and implemented by India with countries including the UAE and Australia to provide greater market access to Indian informed that active negotiations for FTAs are on with countries, including Oman, New Zealand, and the European Union (EU).India's FTA with the UAE helps the domestic industry to tap into the Gulf region, Africa and Central Europe. A similar pact was signed with the UK and four European nation bloc EFTA."I am sure the EU will come in very soon, so in a short span of a year and a half, we will get an FTA with all the major European countries with whom we wish to do business," Goyal said, adding Brazil wants to restart talks on the India-Mercosur trade this South American bloc (Argentina, Brazil, Paraguay and Uruguay), India has a Preferential Trade Agreement. "We already have negotiations with Chile and Peru," he said that the previous government in India focused on entering into FTAs with developing countries, which did not benefit India much."But we are doing with advanced counters," he said.

Ascend Partners Launches CLIMB Program: A Groundbreaking Initiative in the OneStream Ecosystem
Ascend Partners Launches CLIMB Program: A Groundbreaking Initiative in the OneStream Ecosystem

Associated Press

time03-06-2025

  • Business
  • Associated Press

Ascend Partners Launches CLIMB Program: A Groundbreaking Initiative in the OneStream Ecosystem

Ascend Partners' CLIMB program sets a new standard in career development for the OneStream ecosystem. NEW YORK CITY, NEW YORK / ACCESS Newswire / June 3, 2025 / Ascend Partners, a leading OneStream Diamond Partner, is proud to announce the launch of the CLIMB (Consultants Learning IT, Management, and Business) program. This innovative career development initiative is the first of its kind in the OneStream ecosystem, designed to bridge the gap between academic learning and professional CLIMB Program Ascend CLIMB Program The CLIMB program equips new graduates and professionals with hands-on expertise in Enterprise Performance Management (EPM) within the OneStream ecosystem. Through a 12-week paid apprenticeship and a two-year associate program, participants receive immersive training, personalized mentorship, and real-world business experience. This comprehensive approach prepares them to excel as in-demand OneStream implementation experts and future industry leaders. As the fastest-growing EPM platform with an extensive customer base across various industries, OneStream offers businesses a comprehensive, unified solution designed to optimize financial processes, improve decision-making, and drive organizational growth. By streamlining close & consolidations, reporting, and financial planning & analysis, OneStream is reshaping finance operations-making specialists proficient in this technology more sought after than ever. 'The launch of the CLIMB program marks a significant milestone in our commitment to fostering talent and driving innovation within the OneStream ecosystem,' said Peter Popalis, Managing Partner at Ascend Partners. 'We are excited to provide aspiring professionals with the tools and opportunities they need to excel in their careers and contribute to the growth of the platform.' Colin Sawford, Managing Partner of Ascend Partners, added, 'As a leading OneStream Diamond Partner, Ascend is dedicated to the continuous development of our industry. The CLIMB program is a testament to our mission of bridging the gap between technical skills and functional knowledge, ensuring that our cohorts are well-equipped to meet the demands of the evolving EPM landscape.' Key Highlights of the CLIMB Program: Several prestigious higher education institutions have partnered with the CLIMB program to provide their students with unparalleled career development opportunities. The CLIMB program is ideal for recent graduates, career changers, and professionals with a passion for financial technology and business consulting. Applications are now open for the first cohort of the CLIMB program which is set to begin in September 2025. To learn more, visit or email [email protected] About Ascend Partners Ascend Partners, a trusted advisor in EPM consulting, proudly serves our clients globally from our headquarters in New York, NY. Ascend focuses exclusively on the OneStream platform and, as their most trusted Diamond partner, we have delivered 60+ successful go-lives for a growing portfolio of clients across many industries including mining, real estate, manufacturing and more. With a global presence and over a decade of industry experience, Ascend Partners is committed to developing the next generation of OneStream professionals through the CLIMB program. About OneStream OneStream is the fastest-growing EPM platform, transforming financial processes for over 1,200 customers around the world. Recognized as a Top Quadrant leader by Gartner, OneStream empowers businesses across industries like mining, manufacturing, real estate, higher education, and retail. Contact InformationOralia Spriggs CLIMB +1 (647) 957-6000 SOURCE: Ascend Partners Inc. press release

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