Page 64 - Piyush Goyal

'We can look at over $10-bn leather exports' target by 2025,' says Goyal

Kolhapuri Chappals alone can achieve $1 billion exports target, says Minister of Commerce and Industry

India has potential to attract annual FDI of $120 bn by 2025: Minister

According to the minister, the Centre has introduced several key policy and business reforms for improving the investment climate.

India received record FDI in last 7 years, trend to sustain: Piyush Goyal

As per official data, India had attracted a total FDI inflow of $22.53 billion in April-June quarter, up 90% YoY

India received record FDI in last 7 yrs; hope to see trend continue: Goyal

Goyal appealed to MNCs to use India as a manufacturing base as they can capture the whole world from India

India on track to achieve historic highs in exports: Union min Piyush Goyal

Union Minister Piyush Goyal on Sunday said India's economy was witnessing a bounce back in every sphere, and the country is well on track to achieve historical highs in goods and services exports. Goyal said India is on course to achieve USD 400 billion of merchandise exports in the current financial year ending March. "Also, on the services (exports) side, we are well on track to go up to a USD 150 billion. So, collectively we are on track for historic goods and services exports," he said. Inaugurating the India International Trade Fair (IITF) here, the commerce and industry minister said the country witnessed the "highest ever" FDI inflow of USD 27 billion in the first four months this fiscal, a 62 per cent jump over the same period last year. Asserting that the world takes India as a trusted global partner in maintaining global supply chains, Goyal said despite the lockdown, India did not default on any service support to the global community. The minister also highlighted that

India has potential to become fashion hub of world: Union Min Piyush Goyal

With the fast growing fashion industry in the country, India has the potential to become the fashion hub of the world, Union Minister Piyush Goyal has said.

Dubai Expo: 300,000 visitors in 43 days, India Pavilion among most visited

The India Pavilion at EXPO2020 Dubai has emerged as one of the most-visited pavilions at EXPO2020 Dubai with the number of visitors crossing 3 lakh in just 43 days on November 12.The pavilion was inaugurated on October 1 by Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles, Piyush Goyal."The huge interest of visitors in India pavilion is a sign of confidence on India's resilience and opportunities, besides the vibrant culture of the country, which is in full display in different state weeks being held in the pavilion. The pavilion has been visited by 31 country delegations, and 175 high-profile visitors have also graced it with their visit. With this, 199 G2B and B2B meetings have taken place at the pavilion along with the Startup pitching sessions. It is a matter of great satisfaction that 15 FIIs have already committed to fund Startups," said Dr Aman Puri, Consul General of India in Dubai and Deputy Commissioner General of .

CAs need to introspect to revive credibility of the profession: Goyal

Goyal reiterated that if CAs of the country decide to work honestly and become whistleblowers, then they can change the face of the nation

Huge opportunities for Korean firms in India's startup ecosystem: Goyal

Huge opportunities exist for Korean investors in India's startup ecosystem and both the countries need to increase collaboration in sectors such as automobile, textiles, food processing, Goyal said

Exports, FDI numbers indicate Indian economy is back in action: Goyal

He said that merchandise exports during April-October this fiscal stood at USD 232 billion and total FDI during the first four months of this fiscal rose by 62 per cent

India set to achieve services export goal of $1 trn by 2030: Piyush Goyal

Minister says opening up of domestic legal services will benefit Indian lawyers as they'd have huge opportunities in Europe, Australia and America. But they must be taken on board on this issue

Opening up legal services sector to benefit Indian lawyers: Goyal

He said there is a need to get Indian lawyers on board on this issue

Gujarat retains pole position in logistics index: Commerce ministry report

Haryana gains four places to come second in 2021, Punjab sheds one to figure in third compared to 2019

Time to target 5 times rise in export of technical textiles in 3 yrs: Goyal

Union Commerce Minister Piyush Goyal on Friday said that the time has come to target a five times increase in the export of technical textiles in three years.

USTR Tai, Goyal to take 'comprehensive look' at bilateral trade ties

A virtual meeting between Tai and Goyal took place on Wednesday, ahead of Tai's two-day visit to India from November 22

Goyal warns officials to stay alert against cartelisation, collusion in GeM

Union Minister Piyush Goyal on Wednesday cautioned officials to stay alert against cartelisation and collusion in Government e-Marketplace and called for simplifying the system while making it more affordable to attract traders. Reviewing the functioning of the Government e-Marketplace (GeM) portal, the minister pitched for bringing more transparency in the system. He said operations should be audited regularly to ensure that all technical and financial aspects of GeM stay strong all the time. Goyal, the Minister for Commerce and Industry, Textiles, Consumer Affairs, Food & Public Distribution, also called for reducing and capping the transaction charges so that more traders are attracted to the GeM portal for increasing the volume of business. "Stay alert against cartelisation and collusion in GEM," warned the minister. Goyal asked the officials to make GeM more user and commerce friendly so that ease of doing business can be further promoted. "He also directed officials to ...

G20 agrees to strengthen WHO on EUAs for Covid jabs: Piyush Goyal

Prime Minister Modi had told G20 leaders on Saturday that India is ready to produce over 5 billion Covid vaccine doses by the end of next year to help the world in the fight against the pandemic

US Trade Representative to visit Delhi in Nov to expand ties with India

In the past, India had extensive discussions with the US on a limited trade deal, with the regime of Donald Trump

Piyush Goyal reviews ATUF Scheme to boost Indian textile industry

Piyush Goyal has reviewed the Amended Technology Up-gradation Fund Scheme (ATUFS) to boost the Indian textile industry by enabling ease of doing business, bolstering exports and fuelling employment

Goyal calls for reducing import dependence of textile machinery segment

Union Minister Piyush Goyal has called for developing 100 Indian textile machinery champions recognised across the world and reducing import dependence of the sector through concerted efforts between the textile engineering industry and the government. Goyal also asked textile machinery manufacturers to get out of command-and-control mindset and work through plug and play to make the textile sector vibrant in name and spirit, the textile ministry said. The Minister of Commerce and Industry, Textiles, Consumer Affairs, Food & Public Distribution, made the remarks while interacting with textile machinery manufacturers in a video conference on Friday. A total of 15 textile machines manufacturers of foreign regions, 20 leading indigenous textile manufacturers and seven textile machinery and associated industry associations participated and submitted their view points. The interaction was aimed at devising possible strategy to develop a facilitating ecosystem for growth of the textiles