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…
Latest Free Trade Agreements News & Updates
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…
New Delhi, March 9 (IANS) Commerce and Industry Minister Piyush Goyal said on Monday that India’s Free Trade Agreements (FTAs) are opening new opportunities for the pharmaceutical, healthcare, and medical technology sectors, while enabling the country to strengthen its position in global trade.Addressing the post-Budget Webinar 2026 on ‘Sabka Saath Sabka Vikas: Fulfilling Aspirations of People’, Goyal said that under the leadership of Prime Minister Narendra Modi, India has signed a total of n…
New Delhi, March 6 (IANS) Union Minister of Commerce and Industry Piyush Goyal on Friday said that education-as-a-service has the potential to contribute to India’s export earnings and help take high-quality Indian education to the rest of the world.Addressing the Vice Chancellors’ Conference on the theme “Reimagining Internationalisation of Higher Education for a Developed India 2047,” Goyal called for proactive engagement with vice chancellors to shape the future of higher education in India…
New Delhi, March 3 (IANS) Prime Minister Narendra Modi on Tuesday said the world is actively seeking reliable and resilient manufacturing partners and “India has the opportunity to play this role strongly” amid shifting global dynamics.Addressing a post-Budget Webinar, focusing on the theme of “Sustaining and Strengthening Economic Growth”, PM Modi urged stakeholders to invest with confidence, adopt cutting-edge technology, make significant investments in research, and maintain global quality …
New Delhi, March 2 (IANS) A Morgan Stanley report on Monday said it expects the growth impulse to remain strong in India, and see upside to its growth forecast of 6.5 per cent for FY27, driven by continued tailwinds for both domestic and external demand.In a note, the global brokerage said it remains constructive on India’s growth outlook for FY27.“The incoming high-frequency indicators remain resilient, indicating an improving domestic demand momentum. We continue to expect policy to remain…
New Delhi, Feb 26 (IANS) Union Commerce and Industry Minister Piyush Goyal on Thursday said he held ‘very fruitful discussions’ with US Secretary of Commerce Howard Lutnick and US Ambassador to India Sergio Gor to expand trade and economic ties between the two countries.In a post on social media platform X, Goyal said he hosted the US Secretary of Commerce and the US Ambassador in India and engaged in meaningful talks aimed at strengthening bilateral trade and economic partnership.He highlig…
New Delhi, Feb 23 (IANS) Union Commerce and Industry Minister Piyush Goyal on Monday said that quality must become the core focus of India’s manufacturing and export ecosystem if the country wants to achieve its long-term economic goals.Addressing the first National Quality Conclave virtually, organised by the Department for Promotion of Industry and Internal Trade (DPIIT) in partnership with the Quality Council of India (QCI), Goyal stressed that Prime Minister Narendra Modi’s vision of “…
New Delhi, Feb 20 (IANS) After a year marked by resilience amid global headwinds, the outlook for the Indian textile industry is increasingly favourable, a senior government official has said, adding that key Free Trade Agreements (FTAs), now in place, are opening significant new market opportunities for Indian exporters, enhancing tariff competitiveness and strengthening India’s position in global value chains.Neelam Shami Rao, Secretary (Textiles), emphasised that the convergence of these tr…