India's GDP could reach USD 5 trillion provided there is consistent growth in manufacturing, services and agricultural sectors, Suresh Prabhu said.
He said that the ministry is taking steps such as modernising patent offices for effective implementation of intellectual property rights (IPRs) laws.
The new industrial policy will focus on modernising existing industries, besides pushing for frontier technologies like robotics and artificial intelligence,
Prabhu said that he has asked civil aviation ministry officials to prepare a plan for providing air cargo support to agricultural hubs to promote farm exports.
Suresh Prabhu said improving passenger amenities, promoting cargo handling facilities and early operationalisation of 56 new airports under UDAN scheme will be the focus.
Increased air connectivity and cheap air fares are leading to more Indians from small towns to travel by air, new Civil Aviation Minister Suresh Prabhu said.
Suresh Prabhu today took over as the Civil Aviation Minister.
Suresh Prabhu said France is keen on investing big in India, which will bring technology and wealth, and create jobs for the country's youth.
Prabhu today termed the US administration's decision to hike tariff on certain steel and aluminium products as an "unfortunate development".
Kovind appointed Suresh Prabhu as the new Civil Aviation Minister, a statement said.
Provident Housing Ltd enters Goa with Adora de Goa an Integrated Resort distric
Project is expected to deliver a Sales Volume of close to Rs 1000 cr over the next 5 years
Group is entering into a management contract with The Park Hotels
Rare Enterprises Buys 3 Cr Shares At Rs 18.37/Sh
Attracts 26 bidders for 51% stake quoting bids between Rs 8000-10,000 Cr
Firms such as ITC, Patanjali Ayurved, Emami Group and Aion Cap are among the bidders
Bidders are bullish on the sector after Govt raise import duties on certain vegetable oils
The govt announced in the budget a hike in import duty to 30-35%
TPG Cap and Manipal Health are eyeing controlling stake in the co
Likely to lead to 2 simultaneous open offers leasing to premium offers to attract investors
Will have to buy at least 26% stake through Voluntary open offer as part of takeover code
A 26% shareholding will automatically trigger the mandatory open offer for additional 20%
Business Standard Reports
TRAI issues show-cause notice to co
Seeks details of non-transparent, discriminatory tariffs to consumers
Have to respond till Mar 25
Action to depend on if tariff reported to regulator or not
Notice first one after TRAI issued tariff order on predatory pricing
Economic Times Reports