Page 58 - Piyush Goyal

Union min Goyal to visit Australia this week to deepen economic ties

Commerce and Industry Minister Piyush Goyal will be leading a business delegation to Australia this week to deepen economic ties, increase bilateral trade

India, Australia trade pact to boost engineering goods exports

India has signed a trade deal with Australia less than a week after inking a Comprehensive Economic Partnership Agreement with the United Arab Emirates

India-Aus Trade Pact expected to create 1 mn jobs in 5 years: Piyush Goyal

Piyush Goyal said the newly signed trade pact with Australia is expected to take bilateral trade from the existing $27 billion to nearly $45-50 billion in the next five years

Piyush Goyal says India, Australia two brothers connected by shared values

Terming India and Australia as two brothers, Union Minister Piyush Goyal on Saturday said that both countries are natural partners, connected by shared values of democracy, rule of law and transparency.Speaking at India-Australia Economic Cooperation & Trade Agreement virtual signing ceremony today, the Union Minister said that both India and Australia supported each other during the COVID-19 pandemic."India-Australia are natural partners, connected by shared values of democracy, rule of law and transparency. Like two brothers, the two nations supported each other during the pandemic," he said.Piyush Goyal also said the relationship between the countries rests on the pillars of trust and reliability."Our relationship rests on the pillars of trust and reliability. Aptly reflected in our deepening geostrategic engagement through the Quad and the supply chain resilience initiatives" he said.Union Minister noted that India and Australia signed the Economic Cooperation and Trade ...

India, Australia ink economic cooperation and trade pact to boost ties

India and Australia on Saturday signed an economic cooperation and trade agreement under which Canberra would provide duty free access in its market for over 95%.

Tariffs to be eliminated on over 85% of Australian goods exports to India

The Australia-India Economic Cooperation and Trade Agreement will be signed on Saturday in a virtual ceremony by Trade Minister Dan Tehan and India's Minister of Commerce & Industry, Piyush Goyal

India an important trade and strategic partner: US Trade Representative

India is an important trading and strategic partner of the US, a top Biden administration official has told American lawmakers.

India's aim is to become world's largest startup destination: Piyush Goyal

India's Aim is to Become World's Largest Startup Destination: Piyush Goyal

(Eds: Disclaimer: The following press release comes to you under an arrangement with Newsvoir. PTI takes no editorial responsibility for the same.)

India-UAE ties to be a defining partnership for the 21st century



Dubai, United Arab Emirates (NewsVoir)



India's Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, and Leader of the House in Rajya Sabha, Shri Piyush Goyal yesterday said that the country aspires to become the largest startup ecosystem in the world.



Addressing a session, Gateway to Growth - Roundtable on Indian Startup Ecosystem' in Abu Dhabi, Shri Goyal said, Today we are the third largest startup ecosystem, but our aspiration is to be the world's number one startup destination. The startup bug has caught India's imagination. The entire innovation ecosy

Union minister Piyush Goyal rules out India rejoining RCEP negotiations

Union Minister for Commerce and Industry Piyush Goyal has ruled out India resuming talks to join the RCEP, saying that country walked out of negotiations to give primacy to the national interest.

India, UAE trade pact may come into force from May 1: Union min Goyal

The free trade agreement between India and the UAE is likely to come into effect from May 1 this year, under which domestic exporters would get duty-free access to the UAE market

PM Gati Shakti entails geospatial mapping of everything, says Piyush Goyal

Union Minister for Commerce & Industry Piyush Goyal on Friday said PM Gati Shakti entails the geospatial mapping of everything in the country, different layers of maps which talk to each other, leading to integrated planning, with better optimization of time and cost, said a press release by Ministry of Commerce and Industry.While addressing the Forbes India Leadership Awards 2021-22 in Mumbai today, he said, "One of the examples is that we are now able to remove the situation of projects getting stuck due to crossing of forest and rail line," added the statement.Aatma Nirbhar Bharat is opening our doors wider to the world. "Each one of our programmes is with the singular purpose of leveraging our strengths, becoming a global player, expanding our sphere of influence in geopolitics and trade and business."The Minister said it is a testament to our collective effort that we have crossed the target of 400 billion dollars in goods exports for the first time in our history."A lot of

Flavour of India's wheat must capture world's taste buds: PM Modi

Union Minister for Commerce and Industry, Piyush Goyal informed this while replying to the supplementary question related to wheat export during the Question Hour

Challenges due to Russia-Ukraine war may lead to trade disruptions: Goyal

About the new SEZ law, he said that the ministry will start consultations with stake holders from the next month

Centre deliberating on e-commerce policy draft, says CAIT

According to CAIT, Goyal advised the officials to explore the possibilities of formation of a regulator for e-commerce trade so that laws and rules are followed in both letter and spirit

ONDC to help small retailers with modern ways of delivery: Goyal

The Open Network for Digital Commerce (ONDC) will ensure that small retailers get an equal opportunity to engage with big firms, Commerce and Industry Minister Piyush Goyal said on Saturday.

India's merchandise export set to cross $400 bn in current fiscal: Goyal

Commerce and Industry Minister Piyush Goyal has said India's merchandise exports have reached almost USD 390 billion as of March 14 and will cross USD 400 billion in the current financial year. He also said the auto components industry has, for the first time, recorded a trade surplus of USD 600 million. The minister urged automakers to buy local products and substitute imports. He said this while addressing an event of the automotive component sector on March 16 here. Goyal pointed out that India could no longer afford to be closed and protective but will have to open up domestic markets. Further, he asked the auto industry to invest more in R&D (research and development), especially e-mobility, set higher benchmarks for performance and aspire to take five Indian companies in top-50 global automotive suppliers club. "India's merchandise exports have reached almost USD 390 billion as of March 14 and will certainly cross USD 400 billion in the current fiscal," the commerce ministr

77 cr covered under 'One Nation One Ration Card' scheme: Govt tells LS

As many as 77 crore people in the country have been covered under the 'One Nation One Ration Card' scheme, Union Consumer Affairs, Food and Public Distribution Minister Piyush Goyal said

Piyush Goyal asks auto cos to cut import dependence, increase innovation

Commerce and Industry Minister Piyush Goyal expressed disappointment over certain auto companies continuing to import even those components which can be qualitatively manufactured in India.

Looking at creating a fund for agritech startups says, Union Min Goyal

The government is looking at creating a fund for agritech startups, Commerce and Industry Minister Piyush Goyal said on Sunday. The government is looking at significant participation of startups in defence R&D as huge opportunities are there in drones, defence and technical textile sectors for entrepreneurs, the minister said at a webinar. Technology and innovation will be the key driving force for India and its economy, he said. "We are looking at significant participation of startups in defence R&D. We are looking at creating a fund for agritech startups," Goyal said. India has the third largest startup ecosystem in India with over 65,000 registered startups in just five years. "It is these startups that will fuel India's Atmanirbhar drive," he added. At another function, the minister stated that one can find many opportunities, like even in the current war crisis. "The present Ukraine-Russia crisis is a wakeup call for all of us, not to be dependent on crude oil and defence

Exports cross $380 bn this fiscal so far; likely to hit $410 bn: Goyal

The country's merchandise exports have reached over $380 billion so far this fiscal till March 7 and are expected to reach $410 billion in 2021-22, Commerce and Industry Minister Piyush Goyal said