Business

India-Australia Economic and Cooperation Trade Agreement comes into effect

India has achieved the unique distinction of operationalizing two Trade Agreements this year. After the entry into force of the India-UAE Comprehensive Economic Partnership Agreement on May 1, 2022, the India-Australia Economic Cooperation and Trade Agreement (#IndAusECTA) has come into effect on December 29, 2022. […]

Business

Board of Trade reconstituted

Shri Piyush Goyal chairs the first meeting of the newly reconstituted Board of Trade; Government’s policies must be transparent, consistent and honest; they must be capable of delivering what was promised: Shri Piyush Goyal […]

Foreign Relations

Piyush Goyal interacts with interacts with Bay Area VCs

Shri Piyush Goyal interacts with Venture Capitalists in San Francisco Bay Area; Bay area is very bullish about the potential that India and Indian businesses and startups have to offer: Shri Piyush Goyal; India is very serious about promoting domestic semiconductor industry: Shri Goyal; Minister calls for partnerships with cyber security companies to further strengthen and secure India’s cyberspace: Shri Goyal […]

Agriculture & Commodities

India’s exports increase by 36.76% y-o-y in January, 2022

India’s overall exports (Merchandise and Services combined) in January 2022* are estimated to be USD 61.41 Billion, exhibiting a positive growth of 36.76 per cent over the same period last year and a positive growth of 38.90 per cent over January 2020. Overall imports in January 2022* are estimated to be USD 67.76 Billion, exhibiting a slower rate of growth of 30.54 per cent over the same period last year and a positive growth of 30.19 per cent over January 2020 […]

Business

21.7% of GDP is Exports

The share of India’s total exports (Good & Services) to GDP was 18.7% in 2020-21, which is already above 15 percent. Exports have performed remarkably well in the current financial year with the share of exports to GDP at 21.7 percent in the first half (April to September) of 2021-22. […]

Business

North-Eastern Region to emerge as a hub for rubber production

North-Eastern Region to emerge as a hub for rubber production:Shri Piyush Goyal

“Central Government has planned rubber plantations on 2 lakh hectares in the NE”

Shri Piyush Goyal addresses the ‘Destination Tripura – Investment Summit’

“Tripura has the potential to emerge as the country’s hub of Agarbatti Industry”: Shri Goyal […]

Business

Plastic industry asked to generate Rs 10 lakh Cr revenue by 2027

Shri Piyush Goyal today asked the Plastic manufacturing industry to aim to increase their turnover to Rs 10 lakh crore from present level of 3 lakh crore in next 5 years. He said that huge potential exists to increase the manufacturing of plastic machinery in India and reduce dependence on Imports. […]