Commerce and Industry Ministry

May 26, 2026 11:58 AM

Canadian PM Mark Carney calls India-Canada CEPA a ‘game changer’ as Piyush Goyal leads record business delegation to Ottawa

Union Commerce and Industry Minister Piyush Goyal on Monday began a three-day visit to Canada, leading the largest-ever Indian business delegation to the country, as India and Canada intensified efforts to conclude a Comprehensive Economic Partnership Agreement (CEPA) by the end of 2026. The high-level visit, covering Ottawa and Toronto, is aimed at reviving bilateral economic ties and accelerating negotiations on the proposed free trade agreement between the two countries. During his meetings...

May 15, 2026 9:29 PM

Piyush Goyal unveils plan for integrated commerce hub in Mumbai to connect 46 organisations under one roof

Union Commerce and Industry Minister Piyush Goyal on Friday unveiled a plan to establish a single integrated hub in Mumbai to bring together various offices and organisations under the Ministry of Commerce and Industry, aiming to improve efficiency, reduce administrative costs and simplify citizen services. Addressing officials and stakeholders in Mumbai, the minister said the initiative is aligned with Prime Minister Narendra Modi’s vision of “Ease of Living” and “Ease of Doing Busines...

May 12, 2026 11:56 AM

India hosts Kimberley Process Intersessional Meeting 2026 in Mumbai, focuses on ethical diamond trade

India on Tuesday inaugurated the Kimberley Process (KP) Intersessional Meeting 2026 in Mumbai under its Chairship, bringing together global representatives from participating countries, industry bodies and civil society groups to discuss the future of responsible and sustainable diamond trade. The four-day meeting, being held from May 11 to May 14, is focused on strengthening monitoring, compliance and consumer confidence in the global natural diamond value chain amid evolving international cha...

March 24, 2026 2:52 PM

DPIIT partners with Blue Star to boost manufacturing innovation and startup ecosystem

The Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce and Industry, has signed a Memorandum of Understanding (MoU) with Blue Star Limited to strengthen India’s manufacturing and startup ecosystem. The collaboration aims to support startups, innovators, and entrepreneurs working in key areas such as HVAC technologies, digital solutions, advanced manufacturing, and supply chain innovation. The initiative is designed to foster industry-driven innovat...

March 13, 2026 7:25 PM

Piyush Goyal urges industry to leverage India-EFTA trade pact; highlights $100 billion investment commitment

Union Commerce and Industry Minister Piyush Goyal on Friday urged industry leaders to fully utilise the opportunities created under the India-EFTA Trade and Economic Partnership Agreement (TEPA), highlighting a legally binding $100 billion foreign direct investment (FDI) commitment from EFTA nations and the potential to generate one million jobs in India. Addressing a commemorative session marking two years of the agreement organised by ASSOCHAM in New Delhi via video conference, Goyal describe...

February 25, 2026 2:50 PM

109th NPG meeting evaluates key infrastructure projects under PM GatiShakti

The 109th meeting of the Network Planning Group (NPG) under the PM GatiShakti framework reviewed four major infrastructure projects spanning railways, urban transport and aviation, with a focus on enhancing multimodal connectivity and logistics efficiency across regions. The meeting, held at the Department for Promotion of Industry and Internal Trade (DPIIT), evaluated two railway projects, one metro extension and one greenfield airport proposal for alignment with the PM GatiShakti National Mas...

January 20, 2026 6:31 PM

India’s core sector grows 3.7% in December 2025 on higher output of cement, steel and coal

India's eight core infrastructure industries recorded a 3.7 per cent growth in December 2025, supported by higher production of cement, steel, coal, electricity and fertilisers, said the Commerce & Industry Ministry on Tuesday. The Index of Eight Core Industries (ICI), which tracks the performance of coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity, rose to 175.7 points in December 2025, compared to 169.4 points in the same month last year. The cor...

December 10, 2025 1:32 PM

India’s foreign trade rebounds in 2025 as reforms, digitisation and global partnerships strengthen economic outlook

The Department of Commerce’s 2025 Year-End Review highlights a year of remarkable gains across India’s trade performance, export promotion reforms, digital transformation, bilateral and regional engagements, free trade negotiations and overall trade facilitation. India achieved a historic milestone in external trade in 2024–25, with total exports of merchandise and services reaching an unprecedented US$ 825.25 billion, reflecting a strong annual growth of 6.05 percent. This momentum carri...

December 10, 2025 1:33 PM

DPIIT releases 2025 year-end review: PLI gains, startup expansion, logistics reforms and major industrial growth highlight India’s economic momentum

The Department for Promotion of Industry and Internal Trade (DPIIT) has released its 2025 Year-End Review, outlining major achievements across manufacturing, startups, logistics, ease of doing business, intellectual property, and foreign investment. The review shows steady progress in India’s push toward becoming a global manufacturing and innovation hub. A key highlight of the year has been the continued progress of the Production Linked Incentive (PLI) schemes, launched for 14 strategic sec...

October 15, 2025 9:10 PM

India’s merchandise exports rise 6.75% in September despite global trade headwinds

India’s merchandise exports rose by 6.75% in September 2025 to USD 36.38 billion, compared to USD 34.08 billion in the same month last year, according to data released by the Ministry of Commerce and Industry on Wednesday. The growth comes despite tariff hikes by major trading partners, including the United States, and a challenging global trade environment. However, the trade gap widened as imports surged 16.7% year-on-year to USD 68.53 billion, compared to USD 58.74 billion in September 20...