Speaking to ANI on whether the carbon tax could offset the benefits of the India-EU FTA, Goyal emphasised that the agreement includes a "most favoured nation" clause, which ensures that if the EU grants any concessions on carbon tax to other countries, India will automatically benefit fro
Speaking exclusively to ANI on the FTA, Goyal emphasised that the agreement is a win-win deal that will drive economic growth and create new opportunities for Indian businesses and citizens. Goyal highlighted the potential benefits of the FTA for India's textile sector, which is expected
Referring to the Economic Survey 2025-26, presented in Parliament by Finance Minister Nirmala Sitharaman, Goyal noted that the First Advance Estimates project real GDP growth at 7.4 per cent for the Financial Year (FY) 2025-26, reinforcing India's position as the fastest-growing major eco
Union Commerce and Industry Minister Piyush Goyal has strongly rejected the criticism levelled by Congress leader Jairam Ramesh on the India-European Union Free Trade Agreement (FTA), calling the allegations a case of "sour grapes" and asserting that the agreement is a win-win deal for both
The finalisation of the India-European Union Free Trade Agreement (FTA) is expected to transform India into a global manufacturing hub for the chemicals sector, according to Union Minister of Commerce and Industry Piyush Goyal. The Minister highlighted that the strategic trade pact will unlo
In a press release issued, SIMA Chairman Durai Palanisamy appreciated Prime Minister Narendra Modi and Union Commerce Minister Piyush Goyal for their leadership in bringing the agreement to fruition.
Commerce and Industry Minister Piyush Goyal has said that the India-EU Free Trade Agreement, which was finalized on Tuesday, will open massive opportunities and while European Union has opened up many new sectors, India will open its doors for greater import of auto components, automobiles,
Commerce and Industry Minister Piyush Goyal has said that the India-EU Free Trade Agreement, which was finalized on Tuesday, will be taken up for legal scrubbing on a fast-track basis and expressed hope that the agreement will come into force later this year.
Speaking to ANI, he said, "I believe it will still take some time until the legal scrapping is completed, and we have all the details of the agreement. However, we anticipate that trade and investment will increase significantly, as both sides currently face tariffs and non-tariff barriers t
On Tuesday, he said, "We are very positive about today. I have not yet seen the details... but this is something we really wanted to see... Ireland, as a small country, knows the importance of trade agreements... From being one of the poorest countries in Europe, we became the wealthiest
Indian textile industry is set to benefit from the India-EU FTA with exports and has potential to grow from USD 7 billion to USD 30-40 billion very quickly, Union Minister of Commerce and Industry Piyush Goyal said on Tuesday, noting that this could generate 6-7 million jobs in the labour