Exporters meet Piyush Goyal, flag concerns on demand from Western nations

Exporters and industry associations on Friday flagged a slew of concerns with the government. They include moderation in external demand as export orders from Western nations have been put on hold due to piled up inventory, people aware of the matter said. In a meeting with commerce and industry … Read more

PLI will spur white goods sector to compete globally, help it scale: Goyal

Commerce and industry minister Piyush Goyal on Friday said that the government’s production-linked incentive (PLI) scheme will encourage the white goods industry to take the first few steps to compete in the global market and give players in this space the initial push to scale their businesses. “You want … Read more

Piyush Goyal: India looks at Africa as partner in progress, says Piyush Goyal at CII-EXIM Bank conclave

Emphasising that India looks at African countries as partners in progress, Union Commerce and Industry minister Piyush Goyal underlined that the India-Africa partnership will play an important role over the next 25 years to fulfill the aspirations of India and Africa. Goyal made the remarks while addressing the Confederation of Indian Industry-Exim Bank Conclave on … Read more

CII-Exim Bank conclave: Goyal calls for deepening trade ties with Africa

Commerce and Industry Minister Piyush Goyal on Tuesday called for expansion and diversification of India-Africa economic relations and inclusion of emerging areas, such as solar energy, start-ups, and digital infrastructure for partnership. Goyal identified four major focus areas for the India-Africa partnership: solar power, military exchanges in the context … Read more

No indication about effect of UK PM exit on FTA talks: Piyush Goyal

There are no indications about the effect of the recent political developments in Britain on the ongoing negotiations for a proposed free trade agreement between the two countries, Commerce and Industry Minister Piyush Goyal has said. On July 7, British Prime Minister Boris Johnson announced his resignation as Conservative … Read more

Exports likely to record reasonable level of growth in 2022-23: Goyal

Piyush Goyal , Union minister for commerce and industry The country’s exports are likely to register a “reasonable level” of growth in the current financial year despite the global uncertainties on the trade front, Commerce and Industry Minister Piyush Goyal has said. Clearly, there are signs of a global slowdown in international … Read more

Ex-NITI Aayog CEO Amitabh Kant to replace Piyush Goyal as India G20 Sherpa

The Centre on Thursday appointed Amitabh Kant, former chief executive officer (CEO) of the government’s policy think tank NITI Aayog, as India’s Sherpa for the Group of Twenty (G20) grouping, replacing Minister of Commerce and Industry Piyush Goyal. The appointment comes ahead of India’s G20 Presidency from December 1, … Read more

States must push farmers to up sowing to boost exports: Piyush Goyal

Union food and consumer affairs minister Piyush Goyal on Tuesday asked states to encourage farmers to increase sowing area of paddy and wheat as higher domestic production will boost India’s exports. Addressing a conference of state food ministers on food and nutrition security in India, the minister asked state … Read more