India has signed a free trade agreement with the European Union. This pact protects key sectors like dairy, agriculture, and fisheries. Minister Piyush Goyal described the deal as a robust and transformational partnership. The agreement brings India to the international high table. It addresses regulatory practices and protects the Indian automobile market.
EU FTA brings India to global high table, offers $10-trillion opportunity: Piyush Goyal
With high US tariffs hopefully behind us, India’s net FDI inflows are set to surge. Chief Economic Advisor V Anantha Nageswaran predicts a promising rise in private investment for FY25. The upcoming free trade agreements are anticipated to greatly enhance merchandise exports. Emphasizing growth, the idea of an ‘entrepreneurial state’ promotes decisions that prioritize tangible […]
India, Chile FTA talks will be closed soon; to open up critical minerals sector: Piyush Goyal
1 month ago
India is set to finalize a free trade agreement with Chile soon, promising enhanced access to crucial minerals like lithium and copper for domestic industries. This pact builds on an existing trade deal and aims to broaden economic cooperation. Minister Piyush Goyal highlighted India’s recent trade successes with developed nations, contrasting them with past agreements.
India’s goods and services exports have shown positive growth up to January 21, despite global economic uncertainties, according to Commerce and Industry Minister Piyush Goyal. Merchandise exports saw a 1.87% increase in December, contributing to a 2.44% rise in April-December. The ministry anticipates exports to surpass USD 850 billion by 2025-26.
‘India now at high table of international geopolitics’: Union Minister Piyush Goyal hails India-EU FTA
1 month ago
India and the European Union have concluded negotiations for a Free Trade Agreement. This landmark deal is expected to boost India’s economic growth and create new opportunities. The agreement provides significant market access for Indian exports, particularly in the textile sector. It aims to increase investment and generate jobs, positioning India as a key global […]
VOC Port forms joint venture with Tamil Nadu govt to set up shipbuilding cluster at Tuticorin
1 month ago
V.O. Chidambaranar Port Authority has formed a special purpose vehicle for a mega shipbuilding cluster at Tuticorin. This joint venture with SIPCOT aims to boost India’s commercial shipbuilding and repair capabilities. The initiative supports the Union Cabinet’s scheme to expand domestic shipbuilding capacity and advance maritime infrastructure across the nation.
India’s export scene is on the rise! With promising trade negotiations underway with the United States and fresh partnerships forming around the globe, the outlook is remarkably optimistic. Even in the face of rising global protectionism, India’s trade figures have outperformed projections. This acceleration is powered by significant structural reforms and strategic policy initiatives.
India has secured crucial advantages from the European Union regarding the Carbon Border Adjustment Mechanism. These include MFN-like status, a technical dialogue for clarity, and potential for Indian verifiers. Assurances on carbon pricing policy recognition and a flexible agreement framework are also in place. These measures aim to facilitate Indian industry’s access to the European […]
An American delegation met with Indian oil companies and industry leaders at India Energy Week to discuss increasing imports of US hydrocarbons and civil nuclear energy technologies. The US reaffirmed its commitment to a strong energy partnership, focusing on expanding reliable energy exports and supporting affordable, dependable energy supplies for India.
India and the European Union have concluded a free trade agreement, set to be implemented this year. Under the pact, EU banks will be allowed to open 15 branches in India over four years. The agreement also includes provisions for 100% FDI in insurance and 74% in banking services, alongside safeguards for domestic industries and […]