US-based electric vehicle maker Tesla is targeting to buy components worth USD 1.9 billion from India this year. Last year, the company bought components worth USD 1 billion from India, said Commerce and Industry Minister Piyush Goyal on Wednesday. Goyal was speaking at the 63rd Annual Session of the Automobile Component Manufacturers Association of India […]
The Central government is expected to come out with the much-awaited draft of the e-commerce policy. Union Commerce Minister Piyush Goyal on Wednesday held the final round of consultations with industry representatives from Amazon, Flipkart, Tata Digital and more. Consumer Affairs Secretary Rohit Kumar Singh and Secretary, Department for Promotion of Industry and Internal Trade […]
Minister of Textiles Piyush Goyal on Sunday said Mega Integrated Textile Region and Apparel (MITRA) Park in Madhya Pradesh could see an investment of about Rs 6,850 crore. Speaking at the MITRA park launch, Goyal said other parts of the state may receive investment of Rs 8,675 crore. Earlier, it was announced that the MITRA […]
The Open Network for Digital Commerce (ONDC) will boost e-commerce growth and create an inclusive environment for small businesses and retailers, said Union Commerce Minister Piyush Goyal on Tuesday. He said that the ONDC aims to transform the e-commerce sector and make it an engine for growth, job creation, and new opportunities while ensuring that […]
Union Minister of Commerce and Industry Piyush Goyal attended a Chintan Shivir, a brainstorming session on Technical Textiles. “India can emerge as a key player in the global technical textiles market,” Goyal said. Union Minister of State for Textiles Darshana Vikram Jardosh also attended the Chintan Shivir. The session was jointly organized with Synthetic and […]
Union Minister of Commerce and Industry Piyush Goyal said that India is poised to become the 3rd largest construction market in the next 2-3 years, adding that the Real Estate sector will provide huge business opportunities, generate employment and provide big avenues for the startup ecosystem. Addressing the National Investiture Ceremony of the Confederation of […]
Union Commerce Minister Piyush Goyal said that India’s overall exports scaled new heights to USD 770 billion in 2022-23, registering 14 per cent growth compared to the previous year’s figures. He said, “It is an all-time high record, growing from USD 500 billion in 2020-21 to USD 676 billion in 2021-22”. Goyal was addressing the […]
Clearing the air regarding the ongoing trade talks between India and the UK, Union minister Piyush Goyal stressed that negotiations are “underway but some credible action should be taken against the incidents that happened in Britain,” referring to the recent pro-Khalistan activities by some elements outside Indian High Commission in London. On 19 March this […]
Union Commerce and Industry Minister Piyush Goyal on Saturday said in the financial year 2022-2023, procurement of goods and services from the government portal Government e-Marketplace (GeM) has crossed the Rs 2 lakh crore mark, which is a remarkable achievement. Commerce and Industry Minister also highlighted the role of GeM as a digital tool in […]
Union Minister for Commerce and Industry Piyush Goyal while unveiling Foreign Trade Policy 2023 on Friday expressed confidence in India touching exports worth USD 2 trillion by 2030. “By 2030, we will export USD 2 trillion in services and merchandise. All embassies will help exporters in exports,” he said. The Directorate General of Foreign Trade […]
