India is aiming for USD 1 trillion in exports this fiscal year, building on last year’s USD 863.11 billion performance. Piyush Goyal says the government is pushing negotiations for Free Trade Agreements to boost growth, with several already in place and more expected. The ambitious target sets a high bar for faster trade expansion across sectors.
Commerce and Industry Minister Piyush Goyal called the West Asia crisis a wake-up call for Indian industry, urging firms to cut import dependence and improve efficiency through indigenous design and manufacturing. He also pushed for faster electric vehicle adoption, saying it can help reduce oil bills amid global instability, while strengthening long-term economic resilience.
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Commerce Minister Piyush Goyal calls global disruption a wake up call for India to reduce import dependence. He urges domestic industry to boost productivity and make sharper use of trade agreements, arguing that self reliance will strengthen the economy. He also flags electric vehicles and advanced technologies like AI as major growth opportunities for India to emerge stronger.
India is ramping up efforts to make free trade agreements work better for exporters and investors. Under Piyush Goyal, the commerce ministry plans to dispatch 500 delegations abroad and train 1,000 people to strengthen industry outreach, including engagement with 1,600 industry chambers. The focus is increasing exports, attracting investment, and meeting export targets.
Commerce and Industry Minister Piyush Goyal chaired a meeting focused on improving farmers’ quality of life, expanding India’s standing in the global agriculture market, and deepening agricultural cooperation with African nations. The discussion centered on new initiatives meant to raise outcomes for farmers while strengthening partnerships that could open fresh opportunities in international agri trade and knowledge exchange.
Commerce Minister Piyush Goyal says India’s forthcoming free trade agreements will expand export opportunities and generate lakhs of jobs. He points to a recent pact with New Zealand as a key example, citing a USD 20 billion investment. Together, the agreements are expected to open fresh markets for Indian industries and strengthen trade growth.
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India’s exports gained strong momentum in April even as tensions persist in West Asia, Commerce Minister Piyush Goyal said. He pointed to improving global demand and newly inked trade agreements as key drivers for outbound shipments. Exporters are also pushing to expand market access, while progress continues on discussions surrounding an India-US trade deal.
India has signed a free trade agreement with New Zealand, the seventh under Commerce Minister Piyush Goyal. The government expects additional trade pacts in the coming months, including agreements with the European Union and the United States. Talks with the US are progressing, signaling a broad expansion of India’s global trade footprint beyond its existing partners.
Ahead of the second phase of West Bengal’s legislative assembly election, Union Minister Piyush Goyal said the Election Commission has put extensive arrangements in place. He expressed confidence that voters will cast their ballots with a focus on good governance. The comments underscore the BJP leader’s push for issue-based voting as polling moves into the next phase.
Exporters met Commerce Minister Piyush Goyal to flag rising compliance costs, testing requirements and persistent MSME hurdles in getting goods out of India. Goyal backed industry concerns, urging firms to better use existing trade pacts to expand market access. The ministry’s push targets $2 trillion in exports by 2030, building on a record $860.09 billion in 2025-26.
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Commerce Minister Piyush Goyal met exporters and industry groups to push deeper use of free trade agreements to expand market access. Exporters sought extensions for export obligation timelines and broader trade relief measures, while flagging rising shipping costs and calling for an Indian shipping line. The talks come as India’s goods exports declined in March.
Commerce and Industry Minister Piyush Goyal said India has not provided any tariff or duty concessions for the dairy sector under any free trade agreement to date. His statement covers FTAs with major partners including the European Union, the UK, Australia and New Zealand, signaling that dairy remains protected from preferential tariff reductions.
Union Minister Piyush Goyal reacted after two-thirds of AAP Rajya Sabha MPs, including Raghav Chadha, joined the BJP. He alleged AAP has abandoned its core values and has become linked with corruption and misgovernance. The move marks a major reshuffle in the party’s upper house presence and intensifies the political fight ahead of upcoming battles.
Commerce Minister Piyush Goyal will meet export councils and industry leaders on April 27 to strengthen India’s outbound shipments. The talks follow the India–New Zealand free trade pact and will also focus on how the West Asia crisis is affecting exporters. Industry concerns over disruptions and opportunities are expected to shape the next export push.
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India and New Zealand are scheduled to sign a Free Trade Agreement on April 27, 2026, a major milestone for bilateral economic ties. Commerce and Industry Minister Piyush Goyal said the pact will open a “new chapter,” calling it a defining moment in the partnership as both sides move toward deeper trade integration.
Union Minister Piyush Goyal slammed the Congress-DMK alliance after Congress chief Mallikarjun Kharge used the term “terrorist” for Prime Minister Narendra Modi. Speaking in Chennai, Goyal demanded a formal apology to the nation, saying the remarks sparked political outrage and are likely to influence Tamil Nadu’s upcoming polls.
Commerce Minister Piyush Goyal said multiple indicators show India is firmly on a growth path. He highlighted that goods and services exports reached USD 675 billion in 2021-22 and that GST collections in April hit an all-time high of about Rs 1.68 lakh crore, rising 20% year-on-year.
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