Ministry of Commerce & Industry providing finance for Trade Fair Complexes

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commerce ministry
commerce ministry

Minister of Commerce and Industry, Piyush Goyal has informed that The Department of Commerce provides financial assistance for setting up export infrastructure including International Trade Promotion Centres, under the ‘Trade Infrastructure for Export Scheme (TIES)’, as and when proposals are received from eligible agencies.

The Department of Commerce has approved financial assistance for three   trade promotion centres under the ‘Trade Infrastructure for Export Scheme (TIES)’.  The details of these projects are:

S. No. Name of Project Implementing Agency Time schedule indicated by the Implementation Agency
1. ‘Establishment of Main Exhibition Building (Phase-II) at Trade cum Permanent Exhibition Centre at Imphal, Manipur Manipur Industrial Development Corporation (MANIDCO), Government of Manipur 24 months from date of start
2. ‘Expansion of Chennai Trade Centre’, Tamil Nadu Tamil Nadu Trade Promotion Organisation Project is at initial stage of implementation.
3. ‘Establishment of Trade Promotion Centre at Minto Hall, Bhopal, Madhya Pradesh M.P. State Tourism Development Corporation Completed.

 

No proposal has been received seeking financial assistance for a new Trade Fair Complex in Assam, under the TIES Scheme.

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