Union Minister Piyush Goyal stresses establishing Indian companies as MNC

September 15, 2023 3:44 PM

Union Minister Piyush Goyal stresses establishing Indian companies as MNC

Commerce and Industry Minister Piyush Goyal today stressed on establishing Indian companies as multinational corporations (MNC). Addressing the Global Services Export Conclave in New Delhi, the Minister said that the Free Trade Agreements are also meant for engaging with the world and he further assured to facilitate with more opportunities. Mr Goyal also highlighted that over 50 percent of the country's economy is coming out of the services. He added, the services export also showed a 55 p...

The 13th round of negotiations for UK-India FTA to take place in September

September 1, 2023 5:49 PM

The 13th round of negotiations for UK-India FTA to take place in September

The twelfth round of negotiations for the UK-India Free Trade Agreement took place from 8th to 31st August. This was conducted in a hybrid fashion, where a number of UK officials travelled to Delhi for negotiations and others attended virtually.   On the 24th and 25th of August, India hosted the G20 Trade and Investment Ministerial Meeting in Jaipur. UK Secretary of State for Business and Trade, Kemi Badenoch visited India for the meeting and met with the Commerce and Industry Minister Piyu...

India, Latin American and Caribbean region must work towards larger Global South cooperation in various multilateral forums: Piyush Goyal

August 4, 2023 5:30 PM

India, Latin American and Caribbean region must work towards larger Global South cooperation in various multilateral forums: Piyush Goyal

Commerce and Industry Minister Piyush Goyal has stressed upon the need for enhanced collaboration and trust-building between India and Latin American and Caribbean (LAC) region. Addressing the Special Ministerial Session at the 9th CII India-LAC Conclave in New Delhi, Mr Goyal said, India and the LAC region must work towards larger Global South cooperation in various multilateral forums. He highlighted potential for bilateral collaboration between India and LAC region to stimulate greater invest...

Commerce and Industry Minister Piyush Goyal invites Start Ups from the developed world; Says, India provides right ecosystem for them

July 4, 2023 1:17 PM

Commerce and Industry Minister Piyush Goyal invites Start Ups from the developed world; Says, India provides right ecosystem for them

Commerce and Industry Minister Piyush Goyal today stated that India provides the right ecosystem for Start-Ups and invited Start-Ups from the developed world to come to India. Giving the keynote address at StartUp20 Shikhar Summit at Gurugram, the Minister pointed out that India has the advantage of a low-cost ecosystem with huge managerial talent, skills and a young population. He added that India also has the advantage of affordability and is a rules-based economy. He further said that Start-U...

Commerce and Industry Minister Piyush Goyal addresses India France Business Summit

April 12, 2023 12:04 PM

Commerce and Industry Minister Piyush Goyal addresses India France Business Summit

Minister of Commerce and Industry Piyush Goyal has said that India is at the forefront of promoting sustainable development & building a better ecosystem, and improving the carbon footprint. He said that the country's efforts in the direction are much more than the world would have ever expected. He expressed hope there will be a significant flow of investments coming to the country. Briefing media in France, the minister said that business leaders across the world are amazed to...

India to set up fast track mechanism to resolve issues faced by Indian investors in UAE

October 11, 2022 8:10 PM

India to set up fast track mechanism to resolve issues faced by Indian investors in UAE

India has decided to set up Fast Track Mechanism in UAE to resolve issues faced by Indian businesses and investors in UAE. Co-chairing the 10th Meeting of the India-UAE High Level Joint Task Force on Investments in Mumbai, Commerce and Industry Minister Piyush Goyal said, India-UAE relations also witnessing unprecedented momentum and large number of opportunities for cooperation exist in key sectors like infrastructure and technology. Both countries also decided to explore establishment of effic...

Trade Agreements signed with Australia, UAE will open infinite opportunities for Indian Textiles: Piyush Goyal

April 12, 2022 2:21 PM

Trade Agreements signed with Australia, UAE will open infinite opportunities for Indian Textiles: Piyush Goyal

Commerce and Industry Minister Piyush Goyal today said that new Economic Cooperation and Trade Agreements with Australia and UAE will open infinite opportunities for Textiles, Handloom and Footwear. Addressing a function in New Delhi, he said that Indian textile exports to Australia and UAE would now face zero duty and expressed confidence that soon Europe, Canada and UK would also welcome Indian textile exports at zero duty. Mr Goyal said, the trade agreements will help in increasing exports fr...

Commerce and Industry Minister Piyush Goyal announces Project Development Cell for Biotechnology

March 3, 2021 2:29 PM

Commerce and Industry Minister Piyush Goyal announces Project Development Cell for Biotechnology

Commerce and Industry Minister Piyush Goyal announced Project Development Cell for Biotechnology yesterday. Mr. Goyal made this announcement in Global Bio-India 2021 conclave, a three-day event focusing on different aspects of biotechnology which has been organized by DBT-BIRAC. Mr. Goyal said that we need to ensure that start-ups should not be afraid of failures.   The Minister added that we should extend our support to the start-ups to implement their ideas at the ground level to become commer...