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The Latest Breaking News from Commerce and Industry

Piyush Goyal invites US firms to explore investment opportunities in India

Commerce and Industry Minister Piyush Goyal has met various US firms in New York to discuss investment potential. Meetings included representatives from Blackstone, Neuberger Berman, and The Estee Lauder Companies, focusing on manufacturing and beauty markets. Discussions with IBM's CEO involved strengthening collaboration in AI and quantum computing technologies. Goyal…

The Economic Times · 2h ago

G20 ministers discuss curbing impact of govt-backed excess manufacturing capacities: Piyush Goyal

G20 trade ministers focused on preventing unfair manufacturing practices caused by government-supported large production capacities. Discussions included addressing predatory pricing and overcapacity threatening fair trade in countries like India and the US. Commerce and Industry Minister Piyush Goyal highlighted India's advantages for data centers, including low costs and tax benefits.…

The Economic Times · Oct 3

Piyush Goyal calls for WTO-compliant approach to correcting global trade distortions at G20 Trade Ministers' Meet

Union Minister of Commerce and Industry Piyush Goyal called for a World Trade Organization-compliant approach to tackle trade distortions and excess capacity during the concluding day of the G20 Trade Ministers' Meeting in Milwaukee, Wisconsin.

The Economic Times · Oct 3

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US, India should intensify efforts to conclude "historic" trade deal, lower tariffs: USIBC President Atul Keshap

The US-India Business Council has urged both governments to finalize a trade agreement that reduces tariffs. Ambassador Atul Keshap emphasized that such an agreement would facilitate reciprocal trade and benefit businesses in both nations. Commerce and Industry Minister Piyush Goyal stated the trade pact is nearly finalized pending competitive advantages…

The Economic Times · Sep 25

India-US trade pact 'done and dusted'; execution after India gets competitive advantage: Piyush Goyal

Commerce and Industry Minister Piyush Goyal announced that the US-India bilateral trade agreement is on the verge of completion, showcasing significant progress. He also emphasized positive developments in the India-EU trade negotiations, particularly regarding climate regulations, and mentioned advancements in talks with Canada, Mexico, and the Gulf Cooperation Council.

The Economic Times · Sep 24

Piyush Goyal promises BIS certification relief for high-tech sector firms

Goyal said he had taken note of concerns raised by Japanese companies over BIS certification requirements and that the government had already instructed the BIS and the Commerce and Industry Ministry to work on a framework to address the issue.

The Economic Times · Aug 25

India-Singapore economic ties get fresh push with focus on trade, investment, technology: Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Thursday held a series of high-level bilateral and business engagements in Singapore, seeking to deepen India-Singapore cooperation in trade, investment, technology and business while opening up new avenues for mutually beneficial economic growth.

The Economic Times · Aug 21

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India, US trade deal can't be implemented until we have 'competitive advantage': Piyush Goyal

Commerce and Industry Minister Piyush Goyal on Saturday said India cannot implement the proposed trade agreement with the United States until it secures a competitive advantage over competing nations, indicating that tariff-related issues remain the final hurdle in the negotiations.

The Economic Times · Jun 20

India protecting industry from unfair trade practices of certain countries: Piyush Goyal

India is committed to dialogue and cooperation to address global trade challenges. Commerce and Industry Minister Piyush Goyal stated that countries, including India, protect their domestic industries. India is working to safeguard its economy from unfair trade practices. The nation is also focused on promoting innovation and research, with ongoing…

The Economic Times · Jun 11

India's exports will close fiscal at same level as last year despite uncertainties: Piyush Goyal

Commerce and Industry Minister Piyush Goyal confident in maintaining India’s export numbers despite global trade slowdown, focusing on high-quality goods and services.

The Hindu · Mar 12, 2024

India and European Union discuss Free Trade Agreement, price cap on Russian oil

Commerce and Industry Minister Piyush Goyal met Executive Vice-President of the European Commission Valdis Dombrovskis in Bali.

The Hindu · Sep 22, 2022

India-U.K. FTA could be ready by Diwali, says Piyush Goyal

The Commerce and Industry Minister says there won’t be the need for an interim early harvest agreement.

The Hindu · May 27, 2022

Export reaches $390 billion as of March 14: Piyush Goyal

NEW DELHI: Commerce and Industry Minister Piyush Goyal has said India's merchandise exports have reached almost $390 billion as of March 14 and will cross $400 billion in the current financial year.

The Times of India · Mar 17, 2022

India, UAE Sign Deal to Boost Trade to $100Bln by 2027

India and the United Arab Emirates on Friday signed an agreement aimed at boosting bilateral trade to $100 billion from the current $60 billion over the next five years, an Indian foreign ministry statement said. The accord signed by India’s Commerce and Industry Minister Piyush Goyal and UAE Economy Minister…

Asharq Al-Awsat · Feb 18, 2022

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