According to Commerce and Industry Minister Piyush Goyal, India has not changed its stance since it opted not to join the massive free trade deal known as the RCEP in 2019 because it was not resolving its issues. The RCEP (Regional Comprehensive Economic Partnership) agreement is being negotiated among 10 ASEAN members (Brunei, Cambodia, Indonesia, … Read more
Quality Control Orders (QCOs) would assist shield the Indian footwear sector from unfair competition by preventing the importation of cheap, substandard leather goods. Shri Piyush Goyal, the Union Minister of Commerce and Industry, made this statement yesterday at the 8th India International Footwear Fair’s opening. Shri Goyal said that QCOs will help inculcate a spirit … Read more
On Wednesday, Union Minister Piyush Goyal predicted that the Bharatiya Janata Party (BJP) will become the dominant political force in West Bengal and Odisha. According to him, the BJP is predicted to win 18 of the 21 seats in Odisha and 30 to 35 of the 40 seats in West Bengal. 18 seats in Bengal … Read more
Union Industry and Commerce Minister Shri. Piyush Goyal has said that the Prime Minister has been underscoring the importance of every citizen’s contribution to the development of India as a super power. Speaking at a Vikshit Bharat Sankalp Yatra event in Chennai today, every state has to develop and be a part of India’s journey … Read more
Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution, and Textiles, Shri Piyush Goyal said that the paper industry will continue to prosper as the country grows economically. While addressing the 62nd Annual General Meeting of the Federation of Paper Traders Associations in India (FPTA) in New Delhi today, Shri Goyal said that … Read more
According to Commerce and Industry Minister Piyush Goyal, the Indian Patent Office granted the “highest” number of patents (41,010) until November 15 of this fiscal year. In the fiscal year 2013-14, 4,227 patents were granted. The Prime Minister, Shri Narendra Modi has acknowledged highest ever number of patents granted so far in 2023-24. Responding to … Read more
In a significant diplomatic move, Union Minister of Commerce and Industry, Piyush Goyal, engaged with global leaders during the Asia-Pacific Economic Cooperation (APEC) Summit in San Francisco. Here are the key highlights of his visit: Meeting with US President Joe Biden Piyush Goyal had the honor of meeting US President Joe Biden at the APEC … Read more
The Asia-Pacific Economic Cooperation (APEC) is a regional economic forum comprising economies around the Pacific Ocean. Established in 1989, APEC aims to foster trade, investment, and economic development in the Asia-Pacific region. The organization seeks to leverage the growing interdependence of the member economies, creating greater prosperity through regional economic integration. Initially consisting of 12 … Read more
Elon Musk, the CEO of Tesla and the world’s wealthiest individual, has extended his apologies to India’s Commerce Minister, Piyush Goyal, for not being present during the minister’s tour of the Tesla Fremont factory in California. Expressing his regret, Musk deemed it an honor to have Goyal visit the plant and conveyed optimism about a … Read more
Shri Piyush Goyal, the Union Minister for Consumer Affairs, Food and Public Distribution, Textiles and Commerce and Industry, has launched 100 mobile vans for selling wheat flour (Atta) under the ‘Bharat’ brand in New Delhi. The atta will be available at an MRP not exceeding ₹ 27.50/Kg. This is the latest among a series of … Read more
India’s Union Minister of Commerce & Industry, Consumer Affairs, Food & Public Distribution, and Textiles, Shri Piyush Goyal, has emphasized the importance of renewable energy in integrating the nation into the global economy. He delivered a Keynote Address at the ‘MNRE-CII: 4th International Conference & Exhibition on Clean Energy’ in New Delhi, emphasizing the need … Read more
India’s Union Minister of Commerce and Industry, Food and Public Distribution and Textiles, Shri Piyush Goyal, has emphasized the importance of the G20 Summit 2023 and Startup20 under India’s G20 Presidency. He highlighted that both countries are the two fastest-growing economies in the world today, with Saudi Arabia ranking at number 62 and India at … Read more
Washington: The Modi government and the Biden administration are “thinking big” in terms of their trade and commerce relationship, Union Commerce and Industry Minister Piyush Goyal said on Wednesday as he ruled out the previously talked about mini trade deal or a free trade agreement and noted that revoking of GSP is not a priority … Read more