Industries and Industrial policy

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Mines and Minerals (Development and Regulation) Amendment Act, 2025

Mines and Minerals (Development and Regulation) Amendment Act, 2025 On August 19, 2025, the President of India gave assent to the MMDR Amendment Act, 2025, modernizing the 1957 framework. It aims to secure supply chains for critical and strategic minerals essential for India’s green energy transition and high-tech sectors. India faces high import dependency for deep-seated minerals like Lithium, Cobalt, and Gold due to high exploration costs and limited domestic identification.

Startup India Fund of Funds 2.0

Startup India Fund of Funds 2.0 On 13th February 2026, the Union Cabinet approved the establishment of the Startup India Fund of Funds 2.0 (FoF 2.0) with a corpus of Rs. 10,000 crore. The initiative has been launched under the broader Startup India programme to strengthen India’s startup ecosystem and deepen access to growth capital. Aspect Details FoF 2.0 Approval The Union Cabinet approved the Startup India Fund of Funds 2.0 with a total c

MSMEs: Core of India’s Global Growth Strategy

MSMEs: Core of India’s Global Growth Strategy The Union Budget 2026-27 places Micro, Small and Medium Enterprises (MSMEs) at the centre of India’s growth strategy with a major focus on competitiveness, exports, employment and financing support. The Budget introduces a three-pronged strategy covering equity support, liquidity support, and professional support to help MSMEs emerge as globally competitive enterprises. Aspect Details SME Growt

Revised Criteria for Classifying MSMEs

Revised Criteria for Classifying MSMEs On 21st March 2025, the Ministry of Micro, Small and Medium Enterprises revised the classification criteria for MSMEs. The revised MSME classification criteria came into effect from 1st April 2025, increasing both investment and turnover thresholds across enterprise categories. Enterprise Category Earlier Investment Limit Revised Investment Limit Earlier Turnover Limit Revised Turnover Limit Micro Ent

National Industrial Classification (NIC) 2025

National Industrial Classification (NIC) 2025 On 18th November 2025, the Ministry of Statistics and Programme Implementation (MoSPI) released the National Industrial Classification (NIC) 2025. NIC 2025 updates the 2008 framework and aligns India’s industrial classification system with the United Nations’ International Standard Industrial Classification (ISIC) Revision 5. Aspect Details Objective NIC 2025 standardises economic activity

Industry

Industry India’s industrial strategy is increasingly shifting from simple assembly operations toward High-Tech Manufacturing and Strategic Indispensability. The focus is on strengthening domestic manufacturing capabilities, improving quality standards and building resilience in critical global supply chains. Aspect Details Industrial Focus The industrial sector is moving toward high-tech manufacturing and strengthening India’s position