PIYUSH GOYAL KIRORI MAL COLLEGE
Piyush Goyal sets March 2027 deadline for digitisation of DGFT services, aims to end physical visits
Commerce Minister Piyush Goyal has set March 31, 2027, as the deadline for complete digitisation of DGFT services, including licence, permit and SCOMET approvals. From April 1, businesses will no longer need physical visits to government offices for these services. The move also includes digitising historical records and simplifying procedures.
Piyush Goyal holds talks with Danish minister to expand economic partnership
India and Denmark are actively exploring various opportunities to strengthen their economic engagement and partnerships. The discussions between Piyush Goyal and Martin Lidegaard emphasized collaborative efforts in trade, investment, and industrial cooperation. Approximately 250 Danish companies operate in India, employing over 100,000 individuals while showing strong interest in further investments. Cooperation in renewable energy and wind energy technologies has been a core focus of their partnership.
India has never allowed genetically modified products' import, won't do in future: Piyush Goyal
India continues to maintain a strict policy against the import of genetically modified products, as stated by Minister Piyush Goyal. He highlighted that the dairy sector remains particularly sensitive and has not been opened in trade agreements. Goyal emphasized India's commitment to protecting its agricultural and fisheries sectors while seeking preferential market access for textiles and pharmaceuticals.
India has never allowed import of GM products, will never open dairy sector: Piyush Goyal
Commerce and Industry Minister Piyush Goyal emphasized India’s commitment to safeguarding its dairy sector from free trade agreement pressures. He reiterated the nation's opposition to imports of genetically modified products, considering them sensitive. Goyal mentioned efforts to unlock new employment opportunities and promote domestic agriculture for competitive exports.
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India to make tunnel boring machines at home if China curbs exports: Piyush Goyal
India is gearing up to start producing its own tunnel boring machines if China decides to limit its exports. This statement came from Piyush Goyal, India's trade minister, after Beijing made its recent announcement. It highlights India’s plan to not rely on foreign supplies and enhance its domestic manufacturing capabilities in this crucial area.
India can achieve $1 trillion exports target this fiscal despite global headwinds: Piyush Goyal
Commerce Minister Piyush Goyal expressed confidence that India would achieve its $1 trillion exports target in 2026-27 despite global uncertainties. He said nine FTAs could open preferential market access to economies with a combined GDP of $60 trillion. Goods and services exports were estimated at $476.2 billion in April-September.
Move beyond domestic market to build global brands: Piyush Goyal tells industry
Piyush Goyal emphasized that Indian talent should be viewed as a global brand alongside established names. He called for Indian businesses to enhance their competitiveness and focus on quality. Goyal mentioned the importance of promoting domestic products without restricting consumer freedom. He also outlined challenges posed by international competitors like Vietnam and Malaysia. Additionally, he stressed that work ethic contributes significantly to success in India’s economy.
India’s FTAs to open access to $85 trillion market; Piyush Goyal urges exporters to go global
India's trade agreements are expected to provide exporters preferential access to markets with a combined GDP of $85 trillion, covering 76% of the global economy, Commerce Minister Piyush Goyal said. He urged businesses to expand internationally, improve product quality and build global brands as India pursues additional trade pacts.
Telangana's Tur Dal reaches Australia: Piyush Goyal says India's GI products are winning the world as first-ever 2.5 MT Tandur pigeon pea exported
Telangana’s GI-tagged Tandur Tur Dal has reached Australia through its first-ever export shipment of 2.5 metric tonnes, announced by Union Commerce Minister Piyush Goyal. He said rising global demand for authentic Indian agricultural products is creating financial opportunities for farmers and exporters.
India will gain strong comparative advantage after US trade deal: Piyush Goyal
Union Commerce and Industry Minister Piyush Goyal highlighted India's potential advantages from a trade deal with the United States. He asserted that the agreement would not harm the interests of farmers or any other stakeholders involved. Goyal made these statements during the 4th ISID-IDRA National Conference in Delhi. The trade deal aims to enhance India's economic landscape and strengthen its global standing.
India-US trade facilitation portal records 3,500 registrations, says Piyush Goyal
Commerce and Industry Minister Piyush Goyal announced that the Trade Facilitation Portal has received about 3,500 registrations. This portal aims to facilitate greater trade opportunities for Indian businesses, especially among micro, small, and medium enterprises. Goyal emphasized that the initiative will help first-time exporters establish partnerships and access new markets. The encouraging response to the portal indicates its potential to expand the global reach of Indian businesses.
Harsh Goenka says Indians' long working hours give country an edge over Europe, Ashneer Grover says it's 'majboori'
Harsh Goenka has sparked a fresh debate on India's work culture after saying that Indians' willingness to work late and through weekends gives the country an edge over Europe. Ashneer Grover disagreed, arguing that longer working hours often reflect necessity rather than choice. The exchange has revived questions about employee salaries, productivity, work-life balance and India's ambitions to compete with global economies.
India to emerge as major exporter to China, ASEAN, get edge in US trade pact, says Piyush Goyal
Commerce and Industry Minister Piyush Goyal highlighted India's potential to expand exports to China and ASEAN. Negotiations are underway for a trade pact with the United States that could provide India a comparative advantage. The country is also working towards an Investment Protection Agreement with the European Union. Goyal indicated that discussions for preferential trade agreements are progressing with multiple countries and groups.
India and US fine-tune trade pact after concluding most talks, says Piyush Goyal
India and the United States have nearly finalized discussions regarding a proposed bilateral trade agreement. Commerce Minister Piyush Goyal mentioned that fine-tuning of the agreement is currently underway. This follows remarks from US Secretary of State Marco Rubio about a few remaining details. Initially, the US removed a penalty on Indian goods related to Russian oil purchases.
EU can learn from India on cutting regulatory burden, says Piyush Goyal as Dutch minister rules out CBAM rethink
Piyush Goyal addressed the India-Netherlands Business Forum, highlighting India's deregulation efforts to reduce burdens on businesses. He asserted that the EU could learn from India's successful approach to regulatory matters. Dutch Minister Sjoerd Sjoerdsma acknowledged the importance of necessary regulations but emphasized the need to review those that hinder trade. He reiterated that climate and product safety regulations are crucial for European consumers.
India-Russia trade grew by 20 per cent this year: Russian State Duma Chairman
India imported $44.9 billion of Russian goods during the period, including $36 billion in crude oil. Indian exports to Russia totaled $2.8 billion, with Moscow increasing purchases of chemicals, electrical goods, medical equipment, seafood, tea, and spices.
India-US Trade Facilitation Portal records 3,500 registrations within months of launch: Piyush Goyal
Around 3,500 registrations have been recorded on the India-US Trade Facilitation Portal since its launch. This platform aims to connect Indian exporters with US-based buyers for improved trade relationships. It is particularly beneficial for micro, small and medium enterprises seeking market expansion.
India aims to quadruple port capacity by 2047, eyes stronger maritime cooperation with Rotterdam: Piyush Goyal
India intends to increase its port capacity significantly by 2047 to support economic growth and trade. Union Minister Piyush Goyal emphasized collaboration opportunities with the Port of Rotterdam for sustainable development. The Sagarmala initiative aims to enhance India's maritime infrastructure and connectivity effectively. A major maritime education institution will be established in Mumbai to train skilled seafarers. These efforts highlight India's commitment to bolstering its position in global maritime trade.
German companies plan to double, triple growth in India over 3-5 years: Piyush Goyal
German companies are planning significant growth in India over the next three to five years. Piyush Goyal emphasized partnerships in technology co-creation and skill development for Indian youth. During his visit to Germany, he met with various industry leaders to discuss investment opportunities. There is a focus on expanding German manufacturing and research capabilities in India. Promising sectors for collaboration include electronics, automobiles, and smart manufacturing.
‘Come, work and serve in India’: Industry minister Piyush Goyal calls for stronger research ecosystem to attract Indian talent back home
Piyush Goyal highlighted the importance of enhancing industry-academia partnerships during his address in Berlin. He emphasized the need for better research facilities to support Indian talent abroad. Goyal discussed various sectors, including semiconductors and quantum computing, where collaboration can occur. German companies increasingly view India as a key partner for innovation and manufacturing. His visit aims to strengthen India's technological cooperation with European nations for future development.
Union Minister Piyush Goyal interacts with Indian diaspora in Germany, lauds contribution to 'Karmabhoomi'
Union Minister of Commerce and Industry Piyush Goyal held an insightful interaction with members of the Indian diaspora in Germany, lauding their invaluable contributions to their adopted homeland while calling upon them to actively participate in India's rapid economic growth journey.
India is not living in isolation, says Piyush Goyal, as India-EU FTA and several trade pacts pave the way for German R&D
Piyush Goyal emphasized the importance of collaboration between Indian and German research institutes during his visit. He highlighted the potential for co-development and co-innovation under the India-EU free trade agreement. Goyal encouraged the institutes to connect research with industry in order to support manufacturing in India. The minister also mentioned India's extensive trade agreements that will boost global market access.
Commerce minister Piyush Goyal discusses investment avenues with German companies
Piyush Goyal engaged with major German firms like Siemens Healthineers, Bayer, and Fresenius to discuss investments. He highlighted Bayer's plans for expansion and collaboration in India's healthcare ecosystem. Goyal also addressed opportunities for Fresenius to leverage India's talent for healthcare solutions. Furthermore, he explored ways to strengthen Siemens Healthineers' presence in the country. These discussions reflect India's growing relevance in the global healthcare market.
India's exports to Germany could cross $50 billion by 2030: ASSOCHAM
ASSOCHAM said the potential for expanding market access, investment and business partnerships between India and Germany. It said the two countries could use their respective strengths in manufacturing, technology and innovation to deepen economic ties and create new growth opportunities.
Piyush Goyal discusses investment opportunities with Bayer, Fresenius
Piyush Goyal held meetings with Bayer and Fresenius executives to discuss investment opportunities in India's healthcare sector. During these discussions, Goyal explored Bayer's expansion plans and potential collaborations in healthcare. He also examined how Fresenius can leverage India's skilled workforce for the healthcare market. Additionally, Goyal engaged with Knauf Group regarding sustainable construction materials and manufacturing operations in India. These meetings highlight India's growing role in global healthcare and manufacturing.
Piyush Goyal roasts Europe on climate change: Watch Union Minister’s ‘epic’ reply to EU in Germany that’s going viral
Watch Piyush Goyal questioning European countries over climate finance commitments at the Berlin Global Dialogue in Germany. The Union Commerce Minister highlighted historical carbon emissions, India's development needs and the $100 billion climate finance pledge while raising concerns about the EU's carbon border tax.
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