New Delhi, July 20 (IANS) Union Commerce and Industry Minister Piyush Goyal on Monday said he held discussions with UAE Minister of Economy and Tourism Abdulla bin Touq Al Marri on strengthening the India-UAE partnership across trade, investment, tourism and connectivity, while exploring new opportunities to deepen the two countries’ strategic economic ties.In a post on social media platform X, Goyal said he had a productive meeting with Abdulla bin Touq Al Marri and the accompanying delegation,…
Latest Commerce and Industry Ministry News & Updates
New Delhi, July 15 (IANS) Prime Minister Narendra Modi on Wednesday described the coming into force of the India-UK Free Trade Agreement (FTA) and the accompanying Agreement on Social Security as a “significant moment” in bilateral ties.He said the landmark pacts would deepen economic engagement and create new opportunities for businesses, workers and investors in both countries.Sharing a post by Union Commerce and Industry Minister Piyush Goyal on X, the Prime Minister said, “This is a signif…
New Delhi, July 13 (IANS) Commerce Secretary Rajesh Agrawal on Monday said that negotiations for a mutually beneficial trade deal between India and the US are on, and talks are progressing in the right direction.Addressing a press conference here, the Commerce Secretary said: “We don’t see any challenge in negotiations, and consultations are progressing in the right direction.””Both sides remain positive. The India-US framework trade deal is ready for signing at an appropriate time. Trade ties b…
New Delhi, July 3 (IANS) In a significant step towards strengthening bilateral economic ties, India and Mali institutionalised their growing commercial partnership through the inaugural India-Mali Forum for the Promotion of Exports, setting the stage for deeper trade and investment cooperation between the two countries, according to a statement issued by the Commerce and Industry Ministry on Friday. The two-day forum, held in Bamako under the theme “Reinforcing Trade and Strategic Partnerships”,…
New Delhi, June 24 (IANS) Commerce and Industry Minister Piyush Goyal on Wednesday concluded a series of meetings with US Trade Representative Ambassador Jamieson Greer and his delegation towards advancing a mutually beneficial bilateral trade agreement (BTA).India remains committed to working constructively with the United States to further deepen economic ties and create new opportunities for growth and innovation, he said.”We reviewed progress of the ongoing India–US trade discussions and e…
New Delhi, June 22 (IANS) The combined index of India’s eight core infrastructure industries increased by 0.5 per cent during May this year compared to the same month of the previous year, with cement, steel, and electricity recording positive growth, according to data released by the Commerce and Industry Ministry on Monday.Meanwhile, the final growth rate of the eight core industries for April 2026 was revised to 1.8 per cent. The cumulative growth rate of the core industries during April to…
New Delhi, June 9 (IANS) The government e-marketplace (GeM) has given a major boost to inclusivity with the registration of micro and small enterprises (MSEs) on the platform surging from 2,396 in 2016–17 to over 11.9 lakh at present, according to a statement issued by the Commerce and Industry Ministry on Tuesday.Procurement from MSEs has grown from Rs 69 crore to more than Rs 8.69 lakh crore at present, while the number of orders has increased from 2,994 to over 2.17 crore during the same pe…
New Delhi, May 20 (IANS) The combined index of India’s eight core infrastructure industries increased by 1.7 per cent during April this year, compared to the same month of the previous year, with cement, steel and electricity recording a positive growth, according to data released by the Commerce and Industry Ministry on Wednesday.The final growth rate of the eight core industries for March was observed at 1.2 per cent. The cumulative growth rate of the index of eight core industries during Ap…
New Delhi, April 20 (IANS) The combined index of India’s eight core infrastructure industries declined 0.4 per cent in March this year compared to the same month of the previous year, according to data released by the Commerce and Industry Ministry on Monday.While the production of natural gas, steel, and cement went up during the month, the output of fertilisers, crude oil, coal, and electricity recorded a negative growth, according to a ministry statement.The final growth rate of the eight cor…
New Delhi, March 20 (IANS) The combined index of India’s eight core infrastructure industries increased by 2.3 per cent in February this year compared to the corresponding figure for the same month of the previous year, according to data released by the Commerce and Industry Ministry on Friday.The production of cement, steel, fertilisers, coal, and electricity recorded positive growth in February.Steel production recorded a 7.2 per cent increase in February over the same month of the previous …