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Piyush Goyal said German companies, including Siemens Healthcare, Volkswagen and Skoda, see India as a partner for manufacturing, research and innovation. Around 2,000 German firms operate in India
In November last year, the government approved the mission with an outlay of ₹25,060 crore for six financial years
Commerce Minister Piyush Goyal said the India-EU trade pact would be signed by the end of 2026, while warning that European regulations and tariffs could hurt trade
On trade with China, Sitharaman said the growing trade imbalance and persistent restrictions on market access for Indian products remained major concerns
India and the US are finalising the legal text of the first tranche of their trade deal, with New Delhi seeking a competitive tariff advantage before operationalising the agreement
Goyal also said that the free trade agreement between India and the European Union will be inked in December and will come into force in February or March next year
Commerce Minister Piyush Goyal said India is working to develop relations with China again, but stressed that the journey remains unfinished and must ensure fair, stable engagement
Goyal said India was left without essential equipment during the pandemic, prompting the push for self-sufficiency
He also said India is open for joint ventures with any country, provided it gets a fair deal
Goyal said that the bilateral relationship goes beyond trade and encompasses defence, technology, critical minerals and people-to-people ties
Piyush Goyal says calibrated tariff concessions on car imports under India's trade pacts with the EU and UK will help global automakers assess demand and encourage local manufacturing
Goyal said India is going to become a global car manufacturing hub
India is seeking lower tariffs for its goods than its competitors in the American markets
Commerce Minister Piyush Goyal says India's export target is achievable despite subdued global trade growth, citing strong domestic businesses, MSMEs and new FTAs
He met President and COO of Blackstone Jonathan Gray, and Chairman of Blackstone's International Private Equity business Prakash Melwani
Goyal met Jonathan Gray, President & COO of Blackstone, George Walker, Chairman and CEO of Nueberger Berman, and Stephane de La Faverie, President & CEO of The Estee Lauder Companies in New York
Finance Minister Nirmala Sitharaman says further concessions for either side 'very difficult'
Goyal highlighted India's growing strengths as a global hub for talent, innovation and business services, and the potential for deeper India-US business partnerships
Trade ministers discussed how government-backed overcapacity, predatory pricing and dumping affect manufacturers in India, the US and Europe, alongside reforms to the WTO, Goyal said
USTR Jamieson Greer says both sides have identified the sticking points and are working diligently towards an agreement, with another leaders' call likely soon