This is a rundown of last week’s news updates on eCommerce & Licensing:
E-Commerce in India to touch $40 billion by 2030: Report
As per the report - Value E-commerce: The next big leap in India's retail market, India is set to touch new heights in the field of e-commerce. Currently, the e-commerce market is valued at $4 billion and as per the report, this figure is to touch $20 billion by 2026 and $40 billion by 2030. The main reason…
The Make in India program was launched by Prime Minister, Mr. Narendra Modi, in September 2014 as part of a wider set of nation-building initiatives. These initiatives were aimed at encouraging multi-national, as well as national companies to manufacture their products in India.
Last year in July, the Department of Industrial Policy and Promotion (DIPP) had come up with various strategies, keeping “Make in India” as the backdrop to encourage innovation and creativity, further boosting the intellectual property rights (IPR) regime. Some…