The realm of Indian micro, small, and medium enterprises is brimming with potential. Union Minister Jitin Prasada points out that the convergence of free trade agreements and a flourishing domestic market is creating new opportunities. With trade pacts now reaching 65% of the developed nations, an expansive global market is available for India’s high-quality products.
FTAs, strong domestic demand boost MSME prospects: Jitin Prasada
India must tap FTA opportunities: Piyush Goyal
14 hours ago
At a recent business summit, India’s Commerce Minister Piyush Goyal passionately invited companies to explore the vast opportunities presented by free trade agreements. He pointed out that around two-thirds of the world’s trade market is now within reach for Indian enterprises. The government’s commitment to innovation and streamlined intellectual property processes is palpable.
India’s recent free trade agreements are set to boost the domestic pharma and healthcare industries. Commerce Minister Piyush Goyal highlighted the vast business potential these pacts unlock. Agreements with Mauritius, Australia, UAE, and EFTA are already active. Negotiations with GCC and Eurasia are progressing well.
Assam government has released Rs 94.70 crores to 486 tea gardens under the ATISIS scheme. This initiative aims to boost orthodox and specialty tea production and ensure financial stability. The scheme offers interest subvention, production subsidies, and tax holidays. However, the ongoing Iran-Israel-US conflict poses a significant threat to Indian tea exports, particularly to the […]
India’s shrimp exports are projected to surpass Rs 50,000 crore this fiscal, marking a 13-15% increase after three years of stagnation. This growth is driven by diversification into new markets, offsetting steep US tariffs. Operating margins are expected to remain stable, with credit profiles staying strong due to low debt.
India’s energy imports are flowing smoothly from non-Hormuz routes, ensuring citizens’ needs are met amidst global market uncertainty. Qatar has guaranteed LNG supply continuity, and the country holds surplus LNG stock with offers from numerous nations. Cargo movements near the Strait of Hormuz may resume soon following Iran’s pledge.
India has secured the best trade deal with the United States. Minister Piyush Goyal stated this at the Raisina Dialogue 2026. He highlighted the strong relationship between the two nations. The deal provides India preferential access over competitors. This partnership extends beyond trade to critical minerals and defense. The agreement framework has been finalized.
India’s agricultural exports to West Asia are under serious threat due to escalating regional conflicts. The turmoil is thwarting shipping routes and skyrocketing insurance costs, putting a staggering $11.8 billion in food products on the line. Key exports, including rice, bananas, and spices, are especially at risk, creating a climate of anxiety for Indian farmers […]
India has secured the best trade deal with the United States among its competitors. Commerce and Industry Minister Piyush Goyal highlighted the strong relationship between the two nations. He emphasized that the US economy is the world’s largest and cannot be overlooked. India is actively building a global network of trade partnerships.
Exporters receive significant relief from the government. Authorisations under Advance and Export Promotion Capital Goods schemes are automatically extended. This applies to authorisations expiring between March 1 and May 31, 2026. The extension is granted without any composition fee. This move supports exporters facing international shipping challenges. It ensures India’s export performance remains strong.