India Sets Ambitious Target for GI Products

Commerce and industry minister Piyush Goyal announced on Wednesday an ambitious goal to register 10,000 GI (geographical indication) products by 2030, a significant increase from the current 605. A GI product is recognized for its unique qualities derived from its geographical origin, encompassing agricultural, natural, or manufactured products.

Understanding Geographical Indications

Geographical Indications (GI) are vital for protecting the identity and quality of products that are deeply rooted in the culture and traditions of a specific area. This initiative not only aims to boost the local economy but also to preserve India's rich heritage and biodiversity.

Stay Informed with the Latest Business News

For those interested in staying updated with the latest business developments, the Times of India offers comprehensive coverage. From Bank Holidays to Budget 2025 updates, and new Income Tax Slabs, it's your go-to source for financial news. Additionally, explore investment opportunities by enrolling in ET's Stock Valuation Workshop - Batch 3. Secure your spot now to unlock your investment potential.