Goyal urges India Africa trade leap by harmonizing standards and customs procedures for smarter supply chains
Trade can jump 14 percent by fixing paperwork mismatches
Commerce Minister Piyush Goyal called for aligning standards and customs procedures between India and Africa to unlock faster, smarter growth for businesses. Speaking ahead of the India-Africa Business Dialogue and Exhibition, he pointed to the AfCFTA’s nearly $3.4 trillion value and India’s expanding $4 trillion economy as a chance to diversify supply chains and move beyond raw-material trade toward integrated manufacturing. The minister highlighted cooperation in renewable energy, green hydrogen, green ammonia, electric mobility, and digitalization. Bilateral trade is projected at $93.69 billion in 2025-26.
- Goyal urged harmonized standards and customs procedures with Africa
- AfCFTA is valued at nearly $3.4 trillion, India at about $4 trillion
- Proposed reforms aim to enable faster, smarter growth for businesses
- Focus sectors include renewable energy, green hydrogen, and digitalisation
- India-Africa trade projected at $93.69 billion in 2025-26
- Exports to Africa: $45.42 billion; imports: $48.27 billion
This summarization was done by Beige for a story published on 
The Economic Times