Piyush Goyal

India-UK landmark free trade pact to come into force from July 15

Alongside the trade pact, the Double Contribution Convention will also take effect, easing social security obligations for temporary cross-border workers

India expands UPI footprint with launch at France's Galeries Lafayette

India on Tuesday launched Unified Payments Interface (UPI) at Galeries Lafayette, a famous department store in Nice, France. Launching the UPI, Commerce and Industry Minister Piyush Goyal said it will further strengthen the economic and technological ties between India and France, reflecting the growing depth and ambition of our strategic partnership. In 2024, UPI was launched at the Eiffel Tower in Paris. "Delighted to launch UPI at the iconic Galeries Lafayette, Nice Massena, France. Bringing India's world-class digital payments platform to one of France's premier retail destinations marks another significant step in UPI's global expansion. With the participation of Lyra Collect and NIPL, this initiative showcases India's ability to deliver trusted, seamless, and interoperable digital solutions at scale," he said in a social media post. Galeries Lafayette Nice Massena is the Nice branch of the famous French department store chain Galeries Lafayette. It is located in the heart of

Invest in India before it's too late: Goyal to corporates, investors

Commerce and Industry Minister Piyush Goyal on Tuesday urged investors, corporates and venture capital funds to "get into action" and start investing in India before it is "too late". He said India's investment ecosystem is ready, the domestic market is vast, and the government would help investors connect with market opportunities, while a supportive policy framework is already in place. "To our investors and venture funds, the time is now, get into action and start investing before it is too late. Indian family offices, Indian venture capital funds, Indian investors, Indian corporates, they all have to come into action. "The ecosystem is ready. Our startups are doing some phenomenal work. There are tried and tested models in India. The market is large. Government will help connect you to the market. The policy framework is available. Get open to ideas on that front and invest in the future that India offers to the world," he said. The minister was speaking at the closing ceremony

USTR Greer to visit India next week for bilateral trade agreement talks

US Trade Representative Jamieson Greer will meet Commerce Minister Piyush Goyal to advance talks on the proposed India-US trade agreement

Goyal, Nice mayor discuss expanding India-France cooperation in innovation

Commerce Minister Piyush Goyal and Nice's Mayor Eric Ciotti exchanged views on cooperation between India and France

Piyush Goyal discusses India-UK ties in innovation, tech with UK trade secy

Goyal said the discussions focused on expanding partnerships that could drive economic growth and create mutual benefits for both countries

Piyush Goyal invites French investments in manufacturing sector

Commerce and Industry Minister Piyush Goyal on Sunday sought investments from France in the manufacturing sector. Speaking at the 'Bharat Innovates' event in the presence of Prime Minister Narendra Modi and French President Emmanuel Macron in Nice, France, Goyal said India can offer a huge talent pool and scale for manufacturing. "I would invite our French friends to visit India, invest in India, design in India, innovate in India and manufacture in India, both for the large domestic market and export from India to the rest of the world," he said. He added that in the uncertain global economic environment, the world is seeking partnership with trusted and reliable partners. "...and that is what India brings to the table," Goyal said, adding that in India, innovation is now a culture which is powered by 2,30,000 startups. Modi is currently in France, where he is scheduled to hold talks with Macron and also attend the G-7 Summit. He landed in Nice on Saturday, kickstarting a week-lo

Goyal to discuss India-EFTA pact implementation issues in Switzerland

Issues following the implementation of the India-EFTA free trade agreement are expected to be discussed during the visit of Commerce and Industry Minister Piyush Goyal to Switzerland this week. India and the four-nation bloc, EFTA, implemented the trade and economic partnership agreement (TEPA) in October 2025. European Free Trade Association (EFTA) members are Iceland, Liechtenstein, Norway, and Switzerland. Goyal will visit Berne, Switzerland, on June 12 for discussions with senior representatives of the Swiss government and leaders of the Swiss pharmaceutical industry. During the visit, the minister is scheduled to meet Helene Budliger Artieda, State Secretary for Economic Affairs, and Guy Parmelin, Federal President of Switzerland. He will also interact with representatives of the Swiss pharmaceutical industry. "Discussions are expected to focus on the implementation of TEPA, addressing operational issues arising from the agreement, and enhancing bilateral trade, investment a

India, US may execute 1st phase of bilateral trade pact by mid July: Goyal

India and the US are moving towards closing all the open ends of the interim trade agreement, and both sides are likely to execute the "very, very vibrant" first phase of the pact by the middle of next month, Commerce and Industry Minister Piyush Goyal said on Friday. He said that the US team was in New Delhi from June 2-4 for finalisation of the deal. They held discussions with the Indian team. "I also met with them yesterday, and we are fast moving towards closing all the open ends, and I think sometime by the middle of next month or so, we should be in a position to execute a very, very vibrant first tranche... "It is only the first tranche of our bilateral trade agreement, which will give preferential access to India over our competitors," he told reporters here. He added that a high-level team is expected to visit India towards the end of this month.

India likely to pursue FDI commitment under proposed CEPA with Canada

New Delhi may pursue an investment commitment under the proposed CEPA with Canada, mirroring recent trade agreements that included long-term foreign direct investment targets

We may roll out 9 free trade agreements in next 10 months: Piyush Goyal

Commerce Minister Piyush Goyal said nine recently signed free trade agreements are expected to become operational within 10 months, with several more trade pacts in the pipeline

US-India trade deal 99% complete, final talks under way: US envoy Gor

US Ambassador Sergio Gor said negotiators are working through the final technical and legal issues as both sides push to conclude the long-pending trade agreement

CEPA with Oman offers India wider gateway to GCC, East Africa: Goyal

The Indian commerce ministry's early assessment suggests India's exports to Oman can grow to $7 billion within two years

India-US trade deal to reflect Washington's tariff changes: Piyush Goyal

Goyal said large parts of the agreement had already been finalised and that discussions were currently focused on a few remaining issues

Piyush Goyal assured industry India-US interim agreement is close: USISPF

Commerce and Industry Minister Piyush Goyal gave assurances that the India-US interim agreement is close as he provided an "encouraging update" on bilateral trade negotiations during an interaction with eminent business leaders, the US-India Strategic Partnership Forum (USISPF) said. Goyal also discussed ways to further deepen India-US trade, investment and supply-chain partnerships during the closed-door roundtable interaction on Thursday. The Consulate General of India in New York, in collaboration with USISPF, hosted Goyal for the closed-door roundtable discussion, where he engaged with over 50 prominent business and industry leaders. Goyal said he highlighted India's strong growth story, reform-driven business environment, and expanding opportunities for global investors under the leadership of Prime Minister Narendra Modi. "Discussed ways to further deepen India-US trade, investment, innovation, and supply-chain partnerships for shared prosperity," he said in a post on X. USI

India, Canada launch trade and investment forum to boost economic ties

India and Canada have launched a trade and investment forum to bring together businesses from both countries to promote commercial engagement, according to a joint statement issued on Friday. The two countries have also agreed to enhance connectivity between India and Canada, including people to people ties, business mobility, and direct commercial linkages, as essential enablers of expanded trade and investment, it said. The statement was issued after the conclusion of a three-day (May 25-27) official visit of Commerce and Industry Minister Piyush Goyal. He has held a series of meetings with business leaders besides holding a bilateral meeting with Canada's Minister of International Trade, Maninder Sidhu. "The Ministers launched the Canada-India Trade and Investment Forum as a key platform that brings together Canadian and Indian business leaders and fosters new commercial partnerships and increased business engagement," it said. They reiterated their commitment to advancing an

India, Canada to avoid sensitive sectors in trade pact talks: Piyush Goyal

India and Canada have decided to focus on low-hanging fruit, work on areas of convergence and avoid seeking concessions in sensitive sectors in the negotiations for the proposed free trade agreement, Commerce and Industry Minister Piyush Goyal has said. The two countries are negotiating a Comprehensive Economic Partnership Agreement (CEPA). The third round of negotiations is underway in Ottawa. The minister was in Canada for a three-day official visit. "I remember when I was talking to Mr Maninder Sidhu (Canada's trade minister) about speeding up CEPA negotiations, one of the first elementary decisions we both took was that 'we won't make perfect the enemy of the good'. "Let's capture the low-hanging fruit. Let's look at areas of convergence. Let's leave the sensitive things out of the agreement. If something is sensitive for Canada, no sense in trying to egg on and trying to get that into the CEPA. Likewise, if something is sensitive for India or the Indian public or Indian ...

India seeks deeper Canada investment ties as CEPA talks gather pace

Piyush Goyal pitched India as a long-term investment destination during his Canada visit as both countries accelerate negotiations for the proposed CEPA trade agreement

Goyal woos Canadian investors to partner with India in clean energy, AI

Commerce and Industry Minister Piyush Goyal has held meetings with Canada's leading pension funds, sovereign and institutional investors, and invited stakeholders to partner with India in areas such as clean energy, technology, digital infrastructure, AI, and manufacturing. The minister is in Canada for a three-day official visit. "Delighted to co-chair the 'Canada-India Investment Roundtable' alongside Mr. @MSidhuLiberal, Minister of International Trade of Canada. Held extensive discussions with Canada's leading pension funds, sovereign and institutional investors, members of the Canada-India Business Council and other stakeholders," Goyal said in a social media post. During the meeting, he highlighted India's focus on infrastructure, financial sector reforms and ease of doing business to create opportunities for global investors. Goyal also held a series of bilateral meetings with business representatives to discuss investment opportunities in India and areas of increasing ...

India and Canada to conclude Cepa by November, says Piyush Goyal

Carney, after a meeting with Goyal, called the Cepa between the two nations a "game changer".