Piyush Goyal

September 16, 2024 3:25 PM

Piyush Goyal chairs 3rd Board of Trade meeting

Union Commerce and Industry Minister, Piyush Goyal, chaired the third meeting of the reconstituted Board of Trade in Mumbai today. He emphasized the government's focus on fostering economic growth through partnerships with state governments, promoting a transparent and efficient trade environment. Goyal launched the Department of Commerce’s 'Jan Sunwai Portal', aimed at improving communication between stakeholders and authorities. The portal offers video conferencing services and direct chann...

September 11, 2024 5:17 PM

Piyush Goyal launches Trade Connect e-platform to support exporters

In a bid to support Indian exporters, MSMEs, and entrepreneurs, Commerce and Industry Minister Piyush Goyal on Wednesday launched the Trade Connect e-platform. The platform is designed to facilitate connections between Indian businesses and key stakeholders, including Indian Missions abroad, Export Promotion Councils, and partner government agencies. It will offer information on global trade events, benefits from India's Free Trade Agreements (FTAs), and other relevant international trade data....

September 10, 2024 11:48 AM

Auto component sector to reach $100 billion export target by 2030: Piyush Goyal

Union Minister of Commerce & Industry, Piyush Goyal, expressed confidence that India's auto component sector will achieve its goal of $100 billion in exports by 2030. He emphasized that this growth would make the sector one of the largest job creators in the country. Goyal made these remarks while addressing the 64th Annual Session of the Automotive Component Manufacturers Association of India (ACMA) in New Delhi today. Goyal noted that as India moves towards becoming the third largest econ...

September 6, 2024 4:52 PM

India-Middle East-Europe Economic Corridor to boost maritime security, says Piyush Goyal

The India Middle East Europe Economic Corridor (IMEC), launched during India’s G20 presidency, will bolster maritime security and reduce New Delhi’s dependence on certain trade routes, Commerce Minister Piyush Goyal said on Friday at the CII India-Mediterranean Business Conclave 2024 in New Delhi. Goyal called for stronger cooperation between India and Mediterranean countries, saying that such collaboration will lead to lower logistics costs, improved connectivity, and safer transportation ...

August 26, 2024 9:52 AM

India and Singapore discuss expanding economic collaboration

Commerce and Industry Minister, Piyush Goyal, held discussions with key business leaders in Singapore on Sunday to explore opportunities for expanding economic collaboration between the two nations. The talks centered on increasing trade and investment in sectors such as small and medium enterprises (SMEs), sustainable development, and family-owned businesses. These meetings were part of the 2nd India-Singapore Ministerial Roundtable (ISMR), scheduled for August 26. Goyal's visit is aimed at st...

August 21, 2024 4:17 PM

Growth of e-commerce should be citizen-centric: Union Minister Piyush Goyal

Union Commerce Minister Piyush Goyal on Wednesday emphasized the need for a balanced approach to the expansion of e-commerce in India, saying that it should be citizen-centric and supportive of the broader economy. Speaking at the launch of the Pahle India Foundation’s report on the 'Net Impact of E-Commerce on Employment and Consumer Welfare in India,' Goyal cautioned against disrupting the livelihoods of India's 100 million small retailers as e-commerce companies seek to expand their market...

July 31, 2024 12:31 PM

Piyush Goyal confirms no change in policy on Chinese investments

Commerce and Industry Minister Piyush Goyal has confirmed that the government will not change its policy on foreign direct investments (FDI) from China. This decision comes despite recent suggestions from the Economic Survey. Goyal stated that the ideas presented in the Survey are not binding on the government. “There is no rethinking at present to support Chinese investments in the country,” he said. In 2020, the government mandated approval for FDI from countries sharing land borders wit...

July 15, 2024 9:00 PM

Piyush Goyal’s Zurich visit promotes India-EFTA trade and economic partnership

Union Minister of Commerce and Industry Piyush Goyal is on official visit to Switzerland for promoting the India-EFTA Trade and Economic Partnership Agreement (TEPA). On his first day of visit, he highlighted India's growth story through a series of important meetings. Minister Goyal started his day with a crucial meeting with Dr. Ngozi Okonjo-Iweala, Director General of the World Trade Organization (WTO). They discussed ongoing trade negotiations and the progress since the 13th WTO Ministerial...

September 16, 2024 6:14 PM

Parliament adjourns after opening day, Nadda named leader in Rajya Sabha

The Lok Sabha has been adjourned and will meet again at 11 a.m. June 25. The first session of the Lok Sabha began with various prominent leaders, including Prime Minister Narendra Modi, Home Minister Amit Shah, and Defence Minister Rajnath Singh, taking oaths as Members of Parliament. The 18th Lok Sabha commenced its first session on June 24, marking the beginning of a new parliamentary term following the recent general elections. The opening day was primarily dedicated to the oath-taking cerem...