New Delhi, May 19 (IANS) Union Minister of State for Commerce and Industry Jitin Prasada on Tuesday said India should not be viewed merely as a destination for selling products, but as a long-term investment partner where global companies can participate in the country’s growth journey alongside Indian businesses.Addressing industry body ASSOCHAM’s India Business Reforms Summit 2026, the minister said India’s economic transformation is now being driven not only by metropolitan cities but a…
Latest Free Trade Agreements News & Updates
New Delhi, May 13 (IANS) Union Commerce and Industry Minister Piyush Goyal on Wednesday said India achieved record exports worth $863 billion despite global economic headwinds and has now set an ambitious target of reaching $1 trillion in exports during the current financial year.Addressing the LEAPS Awards 2025 ceremony and the release of the LEADS 2025 report here, Goyal said India’s growing global trade footprint, infrastructure push and logistics reforms are helping the country emerge as a…
New Delhi, May 8 (IANS) Commerce Secretary Rajesh Agarwal undertook an official visit to Switzerland from May 6-7 to advance the implementation of the India-European Free Trade Association Trade and Economic Partnership Agreement and strengthen India–Switzerland trade and investment engagement, the Ministry of Commerce and Industry said on Friday. The ministry stated that during the visit, the Commerce Secretary held a bilateral meeting with Helene Budliger Artieda, State Secretary, Swiss Stat…
New Delhi, May 6 (IANS) India’s total exports of merchandise and services increased by 4.6 per cent to a record high of $863.11 billion during the financial year 2025-26, compared with the corresponding figure of $825.26 billion for the previous fiscal year, despite the US tariff turmoil and uncertainties triggered by geopolitical tensions, the latest figures compiled by the Commerce Ministry showed.Merchandise exports registered a 0.93 per cent growth to $441.78 billion during the financial yea…
New Delhi, May 4 (IANS) Commerce and Trade Minister Piyush Goyal on Monday held a review meeting with key officers and chief negotiators to assess the progress of India’s Free Trade Agreements (FTAs).“Discussed ways to encourage more businesses to export from India, further unlocking the country’s potential to export world-class products,” the minister posted on X.“Also, explored avenues to strengthen India’s position in global value chains,” he added.Earlier in the day, Goyal held talks…
New Delhi, May 4 (IANS) Commerce and Industry Minister Piyush Goyal on Monday held talks with a Japanese delegation to strengthen bilateral trade and investment relations.”Met the delegation led by Mr Takayuki Kobayashi, Member of the House of Representatives and Chairperson of the ruling Liberal Democratic Party’s (LDP) Policy Research Council, Japan,” Goyal said in a post on X.”Discussed strengthening India–Japan economic engagement, enhancing MSME partnerships, and deepening collaboration…
New Delhi, April 27 (IANS) Commerce and Industry Minister Piyush Goyal on Monday held a productive interaction with heads of various Export Promotion Councils (EPCs) here.“Discussed sector-specific priorities and heard their constructive feedback on enabling more Indian businesses to export and unlock opportunities in the global trade landscape,” said the minister on social media platform X.“Also, explored avenues for exporters to leverage the various FTAs India has concluded in the recent…
New Delhi, April 15 (IANS) India’s engineering goods exports reached an all-time high of $122.43 billion in FY 2025–26, surpassing the previous record of $116.75 billion in FY2024–25 and posting a growth of about 5 per cent, industry body EEPC India said on Wednesday.The body called the achievement a testament to the sector’s resilience amid an exceptionally challenging external environment.The record was achieved against a backdrop of geopolitical tensions, supply chain disruptions stemming…
Mumbai, April 10 (IANS) Maharashtra Governor Jishnu Dev Varma on Friday emphasised the critical role of Cost Audit in building an efficient, transparent and competitive economy, stating that cost competitiveness is imperative for India as it advances towards the vision of Viksit Bharat.Inaugurating the National Seminar on ‘Cost Audit for Viksit Bharat’ organised by the Institute of Cost Accountants of India (ICMAI) here, the Governor said that the vision of a developed India goes beyond economic…
New Delhi, March 10 (IANS) Commerce and Industry Minister Piyush Goyal on Tuesday called upon stakeholders from the food, agriculture and hospitality sectors to work collectively towards making India the world’s largest exporter of agricultural and processed foods, highlighting the vast opportunities created by India’s expanding trade agreements and the growing global demand for the Indian products.Addressing the gathering at the inauguration of the 40th edition of ‘AAHAR – The Internation…