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
India in its 75th year of Independence is now home to as many as 75,000 startups, Union minister Piyush Goyal said on Wednesday. In a tweet, the Commerce and Industry Minister said “These numbers tell the power of a vision. A vision to see innovation & enterprise drive growth.” “India is now … Read more
India is on the path to become a USD 30 trillion economy in the next 30 years on the back strong GDP growth, said Commerce Minister Piyush Goyal on Monday. India is currently USD 3-3.5 trillion economy and soon will achieve USD 5 trillion, he said while addressing an … Read more
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
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
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
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
New Delhi: The decision to allow firms below the GST threshold to engage in e-commerce is a major decision, which will help small businesses get benefitted from the fast-growing online sector, Commerce and Industry Minister Piyush Goyal said on Thursday. The decision will be a game-changer for the success of the government’s Open Network For … Read more
The government wants to create Tiruppur-like 75 textile hubs in different parts of the country, which will in turn attract not only huge investments but also create numerous employment opportunities, commerce and industry minister Piyush Goyal said on Sunday. “If each one of them (textile hub) starts producing Rs … Read more
India is one of the fastest-growing economies in the world and it is expected to reach USD 30 trillion in the coming 30 years, Commerce and Industry Minister Piyush Goyal said here on Sunday. If India grows at 8 per cent every year on a compounded annual growth basis, … Read more