Page 2 - Piyush Goyal

India-US deal boosts Make in India, unlocks growth for farmers: Goyal

Commerce and Industry Minister Piyush Goyal on Tuesday said the India-US trade agreement will open up huge opportunities for domestic farmers, MSMEs, entrepreneurs, and skilled workers and promote Make in India initiative. India and the US have agreed to a trade deal under which Washington will bring down reciprocal tariff on Indian goods to 18 per cent from current 25 per cent, US President Donald Trump said on Monday after a phone conversation with Prime Minister Narendra Modi. Goyal said it will help India get technology from the US. "This agreement unlocks unprecedented opportunities for farmers, MSMEs, entrepreneurs, and skilled workers to Make in India for the world, Design in India for the world, and Innovate in India for the world," Goyal said in a post on social media. He added that the development reflects the power of two like-minded, fair-trading democracies working together for shared prosperity. "Both India and US are natural allies and our partnership will co-create

Piyush Goyal meets National Stock Exchange's CEO Ashish Chauhan in Mumbai

Commerce and Industry Minister Piyush Goyal on Monday held a meeting with National Stock Exchange (NSE) MD and CEO Ashish Kumar Chauhan in Mumbai on the holistic benefits of the Budget 2026-27. Investors and captains from the mutual funds and asset management industry were also present at the meeting. "Had an excellent and engaging breakfast meeting on the holistic benefits of the #ViksitBharatBudget2026 at the NSE, with their MD & CEO @AshishChauhan ji, along with investors and captains from the mutual funds and asset management industry. Delighted by their optimism following the budget, their excitement for the growth opportunities that it supports, as well as the new ideas and suggestions that they shared," Goyal said in a social media post. The meeting comes on the heels of the FY27 Budget proposal to increase the securities transaction tax (STT) on futures contracts to 0.05 per cent from 0.02 per cent. STT on options premium and exercise of options are proposed to be raised ..

This Budget shows a confident, future-ready Bharat, says Piyush Goyal

This is a Budget that shows a future-ready Bharat, and carries forward the reforms that the Prime Minister initiated on August 15 last year, says Goyal

Finalised eight FTAs with 37 developed countries in recent years: Goyal

India has finalised eight free trade agreements (FTAs), covering 37 developed countries in the last few years, Commerce and Industry Minister Piyush Goyal has said. He also said that India is in active dialogue for similar pacts with several countries, including Chile, Peru and Canada. Trade negotiations with Chile, he said, are almost at conclusion, where India has interests in critical minerals. "We've done eight free trade agreements covering 37 developed countries in the last few years under the Modi-government," the minister told PTI. Since 2014, India has finalised eight trade pacts -- Mauritius (April 2021 implemented), Australia (December 2022 implemented), UAE (May 2022 implemented), Oman (signed in December 2025), UK (signed in July 2025), EFTA (implemented in October 2025 - Switzerland, Iceland, Liechtenstein, Norway), New Zealand (talks concluded in December 2025), and the European Union (27-nation bloc). Goyal added that talks for a trade pact have started with the ..

India, US working towards closing trade deal quickly, says Piyush Goyal

The negotiations for a proposed bilateral trade agreement between India and the US are progressing, and both countries are working to close the deal "quickly", Commerce and Industry Minister Piyush Goyal said on Saturday. He expressed confidence that "good news" on this front will be announced in the near future. "Every free trade agreement stands on its own legs. And we are having very good negotiations. My counterpart in the US and I have a very wonderful working relationship and a wonderful personal friendship. We are working towards closing the deal quickly," Goyal told PTI in an interview. He was replying to a question about when the "father of all deals" between India and the US would become a reality, now that the "mother of all deals" is already in the bag. The free trade agreement between India and the European Union, which was concluded recently, has been widely termed as "mother of all deals". On whether the India-US trade pact could be concluded by the end of this year

Goyal says do not expect a merger of NCP factions after Ajit Pawar's death

Union Minister Piyush Goyal on Saturday said he did not expect the merger of two Nationalist Congress Party (NCP) factions - each headed by Ajit Pawar, who was killed in a plane crash two days ago, and his uncle Sharad Pawar. He said that the NCP, as part of the Mahayuti government in Maharashtra, has performed very well. "I personally do not see that will happen," he told PTI in an interview when asked his views on the talks of the merger of the two NCP factions. Goyal said that the NCP leadership "was with Ajit Pawar and now with Sunetra Pawar Ji". He added that Praful Patel has been appointed as the national president of the Nationalist Congress Party. "I don't see Mr Sharad Pawar being invited to join the NCP, given that he has lost the people's trust and the vote," he added.

With FTA, India's exports to EU can double in 5 years, says Goyal

India's exports to the EU could double to $150 billion within five years of the FTA, says Piyush Goyal, stressing balanced market access while protecting sensitive sectors

India at high table of global geopolitics: Piyush Goyal hails India-EU FTA

Goyal emphasised that the agreement is a win-win deal that will drive economic growth and create new opportunities

India-EU FTA to benefit industry on both sides, spur investments: Goyal

Speaking after the conclusion of the India-EU free trade agreement, Goyal said the pact was a win-win for all sections of industry in India as well as Europe

India to get access to EU market for over 99% of exports under FTA: Goyal

India will get an "unprecedented" market access at concessional duties for over 99 per cent of its exports by value in the European Union (EU) market, providing a boost to domestic labour-intensive sectors, Commerce and Industry Minister Piyush Goyal said on Tuesday. The two sides announced on January 27 the conclusion of negotiations for the free trade agreement (FTA). "India and the EU, under the leadership of PM @NarendraModi ji, European Commission President @VonderLeyen and European Council President @AntonioCostapm have inked the 'Mother of all Trade Deals'," he said in a social media post. Goyal said that the pact is a strategic breakthrough in the country's global trade engagement, unlocking vast opportunities in the USD 20 trillion EU market for 1.4 billion people. "It is a deal that gives unprecedented market access for over 99 per cent of our exports by value, providing a massive impetus to our labour-intensive sectors and bolstering Make In India," the minister said. T

Closer to 'fruitful outcome' on EU trade deal, says Piyush Goyal

Commerce Minister Piyush Goyal said India and the European Union are close to a fruitful conclusion of free trade agreement talks, with the outcome expected to be announced

US senator Steve Daines pushes for American pulses' access to Indian market

US Senator Steve Daines urged faster India-US trade talks, pressing for greater market access for American pulses, a long-standing and sensitive issue for New Delhi

Piyush Goyal meets US ambassador Sergio Gor, discusses bilateral issues

Piyush Goyal meets new US Ambassador Sergio Gor as India and the US resume talks and move closer to finalising a long-pending bilateral trade agreement

Piyush Goyal meets US ambassador, Senator Daines to discuss bilateral ties

Commerce and Industry Minister Piyush Goyal on Monday met the US Ambassador to India, Sergio Gor, and American Senator Steve Daines and discussed bilateral issues. The meeting is important as India and the US are engaged in negotiating a bilateral trade agreement amidst a steep 50 per cent import duty imposed by the Donald Trump administration on Indian goods since August. "Delighted to again meet my good friends US Senator @SteveDaines and the US Ambassador to India @SergioGor. Had a productive exchange of views on our bilateral relationship," Goyal said in a social media post. Gor, known to be a key member of US President Donald Trump's inner circle, took over as the Ambassador recently. In his arrival speech on January 12, he asserted that both sides are actively engaged to firm up a trade deal. The bilateral ties are strained after Trump imposed a 50 per cent tariff on India, including a 25 per cent additional import duty for India's purchase of Russian crude oil. Republican

India and EU will have the 'mother of all deals', says Piyush Goyal

Goyal said there would be no compromise on the country's interests and that all sensitive issues, such as the Carbon Border Adjustment Mechanism and dairy, would be addressed to India's satisfaction

India-EU trade deal will be 'mother of all deals', says Piyush Goyal

The free trade agreement between India and the 27-nation bloc EU will be the "mother of all deals", Commerce and Industry Minister Piyush Goyal said on Friday. He also said that the proposed agreement will be a good and mutually beneficial trade pact. "This will be the mother of all deals," Goyal told reporters here. He also said that the bilateral trade between the two sides is reasonably balanced in goods and services. It will also be a "super deal" for Indian export sectors, he added. Commerce Secretary Rajesh Agrwal on Thursday said India and the EU are "very close" to concluding negotiations on the proposed free trade agreement (FTA). He said the discussions are underway to resolve remaining issues so that the deal is ready for announcement during the visit of top EU leadership later this month. The government has finalised seven trade agreements since 2014.

Goyal urges concessions for precast, steel construction to curb pollution

Union minister Piyush Goyal on Sunday stressed the need for incentivising precast and steel construction methods to reduce dust pollution during building work. All over the world, you don't see reinforced concrete (RC) mixers. You see steel and precast structures. Maybe they are a bit expensive. I was thinking of discussing this with Maharashtra CM Devendra Fadnavis on whether we can give concessions and incentives for this, Goyal said. He was addressing a meeting of businessmen and housing society office-bearers at Adarsh Complex in Malad West suburb of North Mumbai, ahead of the January 15 municipal corporation elections in Mumbai. Dust caused during construction work leads to pollution, Goyal said, and called for reinforced concrete (RC) construction mixers to be shifted out of the city. I removed four-five of them from my (parliamentary constituency) area, Goyal said. Goyal also suggested that instead of making it mandatory not to use processes causing pollution, efforts should

Piyush Goyal's Brussels visit to give final push to EU FTA negotiations

Goyal will visit Brussels on Jan 8-9 to hold high-level talks with EU officials, as India and the European Union seek to resolve key differences and fast-track their long-pending free trade agreement

Piyush Goyal to visit Brussels this week for India-EU trade pact

Commerce and Industry Minister Piyush Goyal will visit Brussels this week for talks with his EU counterpart on the proposed trade pact, for which negotiations are in the last phase, an official said. During the two-day visit on January 8-9, Goyal will meet the Executive Vice-President and European Commissioner for Trade of the European Union, Maros Sefcovic. The minister will leave tomorrow night, the official said. On January 7, the minister will first visit Liechtenstein to hold talks on ways to boost trade and investments between the two countries. Liechtenstein is a member of the European Free Trade Association (EFTA). India and EFTA implemented a free trade agreement on October 1, 2025. EFTA members are Iceland, Liechtenstein, Norway, and Switzerland. Goyal's Brussels visit comes at a crucial stage in the ongoing India-EU Free Trade Agreement (FTA) negotiations, as both sides intensify efforts to conclude a comprehensive, balanced, and mutually beneficial trade agreement at

Piyush Goyal may travel to Canada in February to resume FTA talks

Piyush Goyal may visit Canada in February, paving the way for restarting stalled India-Canada trade talks after a two-year diplomatic freeze over the Nijjar controversy