The additional tranche part of Fund of Funds scheme to promote innovation, absorption of newer technologies and the deployment of newer tech in contemporary fields
Rahul Gandhi targets PM Narendra Modi over looming US tariff deadline as India continues trade talks; failure to finalise a deal by July 9 could trigger 26 per cent duty on key Indian exports to US
Ahead of July 9 tariff deadline, Piyush Goyal emphasises that India will protect its national interest in ongoing trade negotiations, reiterates stance on sensitive sectors like agriculture and dairy
The commerce and industry minister said the scheme will look to enhance design capabilities, ensure quality manufacturing, strengthen packaging and support brand-building
He also said that India is negotiating free trade agreements (FTAs) with different countries, including European Union, New Zealand, Oman, the US, Chile, and Peru
India has extended import curbs on low-ash metallurgical coke, a key steelmaking input, from July 1 to December 31, 2025, to regulate supply and trade
The minister also reiterated that all necessary steps would be taken to ensure that India's interests, especially those of vulnerable sectors like textiles and apparel, are safeguarded
Goyal also hailed the government's decade-long economic reforms as transformational rather than incremental
He said that India is keeping in mind both the offensive and defensive interests of industry while negotiating these agreements
In their first joint public intervention since the FTA negotiations concluded last month, Reynolds said he was "genuinely excited" about the prospects opened up with the FTA
Commerce minister's UK visit will focus on reviewing FTA negotiations, establishing a roadmap for finalisation, and expanding trade, investment, and creative partnerships
The minister is expected to interact with leading CEOs and industry stakeholders from key sectors, including shipping, fintech, logistics, and advanced manufacturing
In a recent meeting with auto and other industry executives, Indian Commerce Minister Piyush Goyal asked IREL to stop its exports of rare earths
Piyush Goyal's remarks come just days after he claimed that the FTA between India and the four-nation European bloc will bring stability, predictability, and continuity to businesses in the regions
Union Minister Piyush Goyal said that the Indian embassy is in dialogue with China and the commerce ministry is also working on the issue
Under the pact, India has received an investment commitment of USD 100 billion in 15 years from the grouping while allowing several products such as Swiss watches, chocolates
Over the last eleven financial years (2014-25), India attracted FDI worth $748.78 billion, an increase of 143 per cent over the previous eleven years (2003-14)
This scheme is expected to be part of the Export Promotion Mission (EPM), which was announced in the Budget
He said the agreement has received approval from the Parliaments of all four countries. In Switzerland, there is an objection period open until July 10. July and August are holiday months here
Commerce and Industry Minister Piyush Goyal is visiting Switzerland and Sweden from June 9 to 13