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Searched Tag: commerce and industry minister piyush goyal

Commerce Minister Piyush Goyal addressing a press conference in New Delhi. (Image: PIB)

$500 bn US imports in 5 years ‘no problem’: Piyush Goyal

February 8, 2026, 03:18 PM - 4 min read

Commerce Minister Piyush Goyal said India can easily purchase $500 billion worth of US goods over five years, calling the figure conservative amid surging import demand.

FTA talks: India, Gulf Cooperation Council ink terms of reference

February 5, 2026, 05:10 PM - 3 min read

Commerce and Industry Minister Piyush Goyal presided over the signing ceremony of the ToRs with GCC.

Both sides are now working to complete technicalities involved in the process, after which elaborate details of the deal will be announced, Goyal said

Agri, dairy sectors ‘completely protected’ in trade deal: Goyal

February 4, 2026, 01:05 PM - 3 min read

Throwing light on the deal’s details, Commerce and Industry Minister, Piyush Goyal, said it had been finalised after months of negotiations undertaken painstakingly by officials of both countries, leading to US administration reducing tariffs on India-made goods to 18 per cent from the previous 50 per cent

India, EU trade ministers ask officials to expedite FTA talks

January 10, 2026, 07:33 PM - 2 min read

Commerce Minister Piyush Goyal and EU Commissioner for Trade and Economic Security Maros Sefcovic focused on reviewing progress across various negotiating tracks during their meeting

While two-day talks between the US and Indian delegations wrapped-up in New Delhi on Thursday, Prime Minister Narendra Modi held a significant telephonic conversation with US President Donald Trump late last night that focused on enhancing cooperation in economic ties, trade, technologies, energy, defence, and security

US should sign trade deal if happy with India’s offer: Goyal

December 12, 2025, 08:11 AM - 2 min read

India, Commerce and Industry Minister, Piyush Goyal, welcomed US administration’s recent comments on receiving the “best ever” trade deal from India, but added that finalising anything in a hurry isn’t prudent

Both Goyal and Tajani stressed on the need for cooperation between democracies for a smooth supply of raw materials in the global market, with Tajani specifically denouncing any one country playing “kingmaker” in deciding the prices of raw materials that are critical for production

Indo-EU FTA will be a ‘win-win’ for all: Goyal

December 11, 2025, 07:18 PM - 2 min read

At the India-Italy Business Forum, Union Commerce and Industry Minister, Piyush Goyal, met Antonio Tajani, Italy’s visiting Deputy PM and Foreign Minister to discuss issues related to the ongoing trade talks between India and the EU

Prime Minister Modi is also expected to visit Jordan, Ethiopia, and Oman this month

Cabinet to discuss Oman-approved trade pact on Friday

December 11, 2025, 05:40 PM - 3 min read

On Friday, the Union Cabinet is expected to take up for consideration the trade pact with Oman after it gained Muscat’s lower house’s approval

Besides providing strategic guidance to the FTA negotiating teams, it was agreed to take forward the technical discussions held from December 3-9 in Delhi across key chapters of the pact covering Market Access for Goods, Rules of Origin, Services, and Technical Barriers to Trade

India, EU agree to conclude FTA by early 2026

December 10, 2025, 01:22 PM - 2 min read

European Union’s Commissioner for Trade and Economic Security, Maros Sefcovic, was in India along with his team on December 8-9 for ministerial-level talks with Commerce and Industry Minister, Piyush Goyal, among others, to expedite the conclusion of the India-EU FTA

During the meeting, the minister underlined the importance of developing a resilient industrial ecosystem capable of meeting future global challenges as India navigates challenges in the trade environment, especially in the wake of high tariffs imposed by the US on Indian goods exported to the country

Goyal tells industry leaders to boost manufacturing

December 7, 2025, 12:09 PM - 3 min read

Union Commerce and Industry Minister, Piyush Goyal, met global industry leaders in manufacturing, semiconductors and clean technology to push Viksit Bharat 2047 mission

India’s exports, too, are registering healthy growth despite global uncertainties at the trade front, said the commerce and industry minister, asserting that “we will continue to see relentless growth”

High manufacturing, govt reforms led to GDP growth in Q2: Goyal

November 29, 2025, 03:04 PM - 3 min read

The country’s exports, too, are registering growth despite global headwinds triggered by high US tariffs, said Union Commerce and Industry Minister, Piyush Goyal

Goyal said the GCC (Gulf Cooperation Council) – a group of six countries including Saudi Arabia, UAE, Qatar, Kuwait, Oman and Bahrain – is also interested in trade pact talks with India, especially Bahrain and Qatar, who want to enter into negotiations soon

India working with ‘trusted’ trade partners to ink pacts: Goyal

November 28, 2025, 04:06 PM - 3 min read

Commerce and Industry Minister, Piyush Goyal, said at an industry event in the capital on Friday that in the face of trade being weaponised, India is currently in negotiations with at least 50 countries to ink free trade agreements to strengthen the economy

The RoDTEP (Remission of Duties and Taxes on Exported Products) scheme would be extended until 31 March 2026 for all eligible export categories to provide exporters with greater predictability

Export promotion schemes to focus on landlocked states: Goyal

November 26, 2025, 12:36 PM - 3 min read

Calling for a strong Centre-state partnership, Union Commerce and Industry Minister, Piyush Goyal, said at the Board of Trade (BoT) meeting on Tuesday that the recently-approved export promotion mission would focus specially on enhancing competitive edge for landlocked states, besides tech adoption, MSME empowerment and logistics reforms