Self-reliance in focus to counter weaponisation of trade: Piyush Goyal

Commerce Minister Piyush Goyal affirmed India’s commitment to self-reliance, strengthening supply chains to prevent trade weaponization. He positioned India as a top global investment destination, a stable and rapidly growing economy amidst global volatility. With GDP soaring to 7.8% and recent GST reforms simplifying taxes, India aims to boost consumer spending and economic confidence, while […]

Commerce Minister Piyush Goyal announced India’s focus on self-reliance and resilient supply chains to counter trade weaponisation, amidst global disruptions including US tariffs. Andhra Pradesh Chief Minister N Chandrababu Naidu highlighted the state’s efforts to attract investments in technology, steel, and petrochemicals, with plans for a quantum valley and major industrial projects.

The Indo-Mediterranean Corridor is central to global connectivity. Italian and Indian officials discussed its prospects in Rome. This initiative connects trade, security, and diplomacy. The corridor strengthens Middle Eastern stability and enhances Asia-Europe trade. A new India-EFTA trade deal enters force soon. Italy and India deepen cooperation for this project.

India’s Commerce Ministry arm DGTR has begun anti-dumping probes. Investigations target PET films, kitchen glassware, and nylon imports. These probes follow complaints from domestic manufacturers. They allege cheap imports from China and other nations. DGTR will determine if dumping caused injury. The finance ministry makes final decisions on duties. This ensures fair trade practices.

The Directorate General of Trade Remedies (DGTR) has launched anti-dumping investigations on solar encapsulants (excluding EVA) from China, South Korea, Vietnam, and Thailand, following a petition by RenewSys India. Additional probes target mobile covers from China and a rubber chemical intermediate, 4-ADPA, from China and the EU. The investigations cite prima facie evidence of injury […]

EU envoy Herve Delphin said the 13th round of India-EU free trade agreement (FTA) talks in September was a “missed opportunity” due to differences on autos and agriculture, but the EU remains ready to conclude a meaningful deal by December.

India is negotiating free trade agreements with several nations. These include the US, EU, New Zealand, Oman, Peru, and Chile. The Trade and Economic Partnership Agreement with EFTA begins October 1. This pact involves a 100 billion dollar investment commitment. It offers lower duties on Swiss watches and diamonds. Qatar and Bahrain also seek trade […]

India and Sweden are forging scalable innovation models for sustainable global growth, leveraging India’s scale and Sweden’s clean technology expertise. Their collaboration, through initiatives like LeadIT and private sector engagement, aims to accelerate green transformation and build resilient, sustainable supply chains. This partnership positions both nations as leaders in climate action and circular economy practices.

India has launched anti-dumping investigations into solar encapsulants from China, South Korea, Vietnam, and Thailand, following an application by RenewSys India. Additionally, probes were initiated on mobile covers from China and 4-ADPA from China and the EU, citing prima facie evidence of dumped imports causing material injury to domestic industries.

India is negotiating free trade agreements with several nations. Commerce Minister Piyush Goyal stated talks are underway with the US, EU, New Zealand, Oman, Peru, and Chile. The EFTA trade agreement will commence on October 1. This pact includes a 100 billion dollar investment commitment. India seeks to expand trade and manufacturing through these international […]