New Delhi, Feb 13 (IANS) Commerce and Industry Minister Piyush Goyal on Friday said that India’s recent free trade agreements (FTAs), particularly the interim trade deal framework with the US, have marked a structural shift in how New Delhi engages with the world on trade issues.Delivering the keynote address at the ‘ET NOW Global Business Summit (GBS) 2026’ here, the minister reiterated that India has fully protected the interests of farmers while negotiating the trade deal with the US.The mi…
Latest Free Trade Agreements News & Updates
New Delhi, Feb 12 (IANS) India now has market access to 70 per cent of global GDP, in most cases at zero duty for domestic products, Union Commerce and Industry Minister Piyush Goyal said on Thursday.Speaking at an event here, Goyal said that nine Free Trade Agreements (FTAs) have been concluded in the last three years, covering 38 countries with strong per capita incomes, and most developed markets now have trade arrangements with India.“Agreements include the 27-nation EU bloc, four-nation E…
New Delhi, Feb 12 (IANS) Commerce and Industry Minister Piyush Goyal encouraged the Tiruppur textile cluster to create five lakh additional jobs and double its export performance over the next three years, assuring that the government will extend full support to exporters, it was announced on Thursday.In a meeting with a delegation led by Dr A Sakthivel, Chairman, Apparel Export Promotion Council (AEPC), along with key representatives of the Tiruppur textile cluster and industry associations, Go…
New Delhi, Feb 12 (IANS) Industry must now intensify its efforts to penetrate new markets, upgrade quality and become more competitive to take maximum advantage of trade agreements, according to Commerce and Industry Minister Piyush Goyal.He urged exporters and industry bodies to take full advantage of the series of Free Trade Agreements (FTAs) signed with developed countries maximise job creation and boost exports of goods and services, according to an official statement.During his meeting with…
New Delhi, Feb 9 (IANS) In the backdrop of the interim India-US trade agreement framework, India must prioritise trade openness and reforms to unlock long-term competitiveness, a new report showed on Monday.These priorities are correcting inverted duty structures, streamlining logistics and customs to cut input costs, fostering assembly-based manufacturing for scale and employment and reducing protectionism, expanding FTAs, boosting R&D, and easing land/labour/skills constraints, according t…
New Delhi, Jan 20 (IANS) Prime Minister Narendra Modi on Tuesday highlighted the rise of India’s textile sector from a legacy industry to a powerful job-creating and people-centric engine of growth, embodying the true spirit of Aatmanirbhar Bharat. PM Modi referred to an article written by Union Minister Giriraj Singh, which underlines the importance of the Centre’s PLI schemes and new Free Trade Agreements, which are creating the next wave of employment.India’s textile resurgence is roote…
New Delhi, Jan 17 (IANS) India’s key policy reforms such as Ease of Doing Business, free trade agreements (FTAs) and growing public confidence are helping the country emerge as a self-reliant, competitive and globally trusted economy, Commerce and Industry Minister Piyush Goyal said on Saturday.In a post on social media platform X, Goyal said that under the leadership of Prime Minister Narendra Modi, decisive reforms carried out in 2025 have infused fresh energy into startups, MSMEs, exports a…
New Delhi, Jan 16 (IANS) Commerce and Industry Minister Piyush Goyal on Friday said that India’s recent free trade agreements (FTAs) with developed economies provide significant opportunities for startups and entrepreneurs.Addressing the ‘Startup Pe Charcha’ interaction at Bharat Mandapam here, the minister said that these trade agreements create certainty and confidence for investors while opening new markets for Indian goods and services.He encouraged startups to explore startup-to-start…
New Delhi, Jan 4 (IANS) Exports of Ayush and herbal products have registered a growth of 6.11 per cent, increasing from $649.2 million in 2023–24 to $688.89 million in 2024–25, the government said on Sunday.Following the establishment of Ayush Export Promotion Council (AYUSHEXCIL), this growth has accelerated, reflecting enhanced global outreach and rising international demand for India’s traditional medicine and herbal products, according to Commerce Ministry.The Ayush Export Promotion Co…
New Delhi, Dec 31 (IANS) The launch of the Market Access Support Intervention scheme under the Export Promotion Mission by the government marks a strategic shift in country’s export strategy, aimed at strengthening international market access for India’s exporters, particularly micro, small and medium enterprises (MSMEs), and first-time exporters, the PHD Chamber of Commerce and Industry (PHDCCI) said on Wednesday.The Market Access Support Intervention (MAS) addresses structural constraints …