Page 44 - Piyush Goyal

Piyush Goyal calls for creation of network to strengthen start-up ecosystem

The Union Minister was addressing the inaugural session of the Inception Meeting of the Startup 20 Engagement Group of G20 in Hyderabad

Govt clears 15 R&D projects worth around Rs 32.25 cr in key strategic areas

The 5th Mission Steering Group chaired by Union minister Piyush Goyal on Friday cleared 15 R&D projects worth around Rs 32.25 crore in key strategic areas such as speciality fibre, protective textiles, high-performance textiles, geotextiles, medical textiles, sustainable textiles and textiles for building materials. The projects have been approved by the government under the National Technical Textiles Mission. "Encouraging young engineering minds to pursue technical textiles in India is the need of the hour. A broad guideline under start-up scheme was discussed and may be finalised on priority targeting aspiring innovators, entrepreneurs and young scientists," an official statement said. Addressing the meeting, textiles minister Goyal said leading textile manufacturers and institutes should come together to indigenously develop strategic and high-value technical textile products with support of National Technical Textiles Mission. Among these 15 R&D (Research & ...

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Won't allow sensitive issues to scuttle India-UK trade talks: Piyush Goyal

"With Canada, while they are also not much of a manufacturing base, we have to go into more details. With the UK, it's a manufacturing country on many products. So we have to do it very carefully"

Country's service exports are doing 'extremely well': Piyush Goyal

The country's services exports are doing extremely well and going by the current trend these outbound shipments would register about 20 per cent growth in this fiscal and cross the USD 300 billion target despite global economic uncertainties, Commerce and Industry Minister Piyush Goyal has said. He said that on the merchandise front also, exports are so far registering healthy growth despite the world being under recession, huge inflationary pressure , and overstocking of various commodities. With all these stress, where every global leader is talking of very tough times, India's exports rose 9 per cent year-on-year during April-December 2022-23. On services though, we have done extremely well. On services we are probably going to do at least a 20 per cent growth and by the current trends, we will exceed the target of USD 300 billion this year. So all in all, it will be a very very satisfying year, given the global headwinds and the stress that is reported from almost every part of

Student visas were never part of FTA discussions with UK, says Piyush Goyal

Goyal said sensitive issues will not be allowed to scuttle the FTA talks with UK and they will focus on what is acceptable to both countries

Large companies must take responsibility to handhold MSMEs: Piyush Goyal

Goyal was speaking at the fourth Plenary Session of the B20 India Inception Meeting on Building Resilient Global Value Chains in Gandhinagar

Apple looking to manufacture 25% of iPhones in India: Piyush Goyal

Apple's iPhone is now being Made in India and the biggest plant is being set up in Bengaluru. The company gets iPhones manufactured by Foxconn, Wistron and Pegatron in India

Goyal asks businesses to adopt sustainable, green approach in practices

He mentioned that India was one of the top five countries in the world in terms of adopting and implementing environmental goals

Apple targeting to raise India production share to 25%: Piyush Goyal

'They are already at about 5-7% of their manufacturing in India. If I am not mistaken, they are targeting to go up to 25% of their manufacturing'

Union Minister Piyush Goyal pitches for startup database in country

Commerce and Industry Minister Piyush Goyal on Monday called for making a strong database of all startups in the country as it would belp both public and private sectors

Probe into alleged corruption in FCI a wake-up call: Piyush Goyal

Food Minister Piyush Goyal on Saturday termed the CBI investigation into alleged corruption in Food Corporation of India (FCI) a "wake-up call" for the state-owned firm and asserted that those involved in corrupt practices will not be spared. FCI - the government's nodal agency for procurement and distribution of foodgrains - would follow the principle of zero tolerance for corruption, the minister said. Goyal stated this while delivering the inaugural address at the 59th Foundation Day of FCI here, an official statement said. It's a wake-up call for the organisation and those found involved in corrupt practices will not be spared, Goyal was quoted as saying while referring to the ongoing investigation into the alleged cases of corruption in FCI. He said FCI will follow the principle of zero tolerance for corruption and there is a need to ensure that there is not a single corrupt employee in FCI. Goyal directed the officials to institutionalise a mechanism wherein whistleblowers .

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Piyush Goyal calls for redoubling efforts at WTO for TRIPS waiver

In June last year, members of the WTO agreed to grant a temporary patent waiver for the manufacturing of Covid-19 vaccines for five years

Goyal calls upon Global South nations to help build resilient supply chains

Goyal also emphasised upon the need for de-politicisation of the global supply of essential medicines

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India looking at bigger ambitions in trade with US, says Piyush Goyal

Two specific targets for this elevated engagement were semiconductors and defence production

India, US establish new trade group to build sustainable supply chains

The Trade Policy Forum, revived in 2021 after a gap for four years, will reconvene on a ministerial level before end of 2023

G20 summit great opportunity for India to showcase its strengths: Goyal

The next G20 summit presents a "great opportunity" for India to showcase many of its strengths and provide leadership to several challenges the world is facing, Minister of Commerce and Industry Piyush Goyal has said. Goyal is in the US on an official visit. He co-chaired the India-US Trade Policy Forum meeting with US Trade Representative Katherine Tai on Wednesday. The G-20 is going to be a very exciting opportunity for India to provide leadership to many of the challenges before the world. It is going to be a great opportunity for us to showcase the many strengths of India, he told reporters at a news conference here on Wednesday. India formally assumed the G20 Presidency on December 1. The next G20 Leaders' Summit at the level of Heads of State/Government is scheduled to be held on September 9 and 10 in New Delhi. Prime Minister Narendra Modi has said India will work to further promote oneness, inspired by the theme of One Earth, One Family, One Future and listed terrorism, ...