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The commerce minister also called for easier market access, simpler regulatory procedures and deeper cooperation in digital trade, critical minerals and resilient supply chains
Commerce minister says non-energy trade offers headroom for growth as India and Russia target $100 billion in annual bilateral trade and $50 billion in investment by 2030
Merchandise exports rose more than 15 per cent in April-August, indicating they crossed $200 billion, as India targets $1 trillion in total exports this financial year
Commerce minister says government will use company-wise import-export data and IEC numbers to assess genuine localisation and map automotive supply ecosystems
Commerce Minister Piyush Goyal said India will finalise and announce details of its trade agreement with the US once Washington offers preferential terms compared with India's competitors
Commerce minister asks industry to leverage trade agreements, build overseas manufacturing presence, move up the value chain and strengthen supply-chain resilience
Apparel Export Promotion Council (AEPC) Chairman A Sakthivel in a communication to the minister said rising prices of raw cotton and cotton yarn are increasing due to supply-side constraints
Commerce and Industry Minister Piyush Goyal said India will take up the issue of greater market access for basmati rice with Japan during a review of the trade agreement
Commerce minister meets Japanese financial institutions and companies as India seeks investment in semiconductors, technology and resilient supply chains
There are very few sectors where foreign direct investment (FDI) is restricted, and the government is open to ideas from industry to further improve the investment regime, he said
"India and Japan can develop a pitching series, something like the Shark Tank initiative, that can help young startups pitch," Commerce and Industry Minister Piyush Goyal said.
Commerce Minister Piyush Goyal says the proposed framework could provide company-, industry-, product- or project-based exemptions for imported equipment and components
The objective is to ensure timely availability of equipment, goods and services for high-tech companies setting up manufacturing operations in India and support 'Make in India' initiative
Commerce and Industry Minister Piyush Goyal on Monday urged Japanese firms to source steel from India, saying Indian companies manufacture high-quality products.
He added that the country's free trade agreements would eventually cover about 75 per cent of global trade and help position India as a trusted partner in global value chains
The visit assumes significance as Japan last year set an investment target of 10 trillion yen (about Rs 60,000 cr) in India over a decade
The meeting focused on preparations for upcoming state assembly elections, grassroots mobilisation and communicating government initiatives to the public
The leaders discussed strengthening the Comprehensive Strategic Partnership, with a focus on advanced manufacturing, digitalisation, sustainability, and connectivity
BJP president Nitin Nabin's new national team has 13 vice-presidents, eight general secretaries and 16 secretaries, with Piyush Goyal taking charge as treasurer
The proposed preferential trade agreement will initially cover goods, with India and the five-member customs union aiming to conclude negotiations within a year