Piyush Goyal

News and Trends

India Poised to Become World's Third-Largest Economy, Says Minister Piyush Goyal

To foster advancements in emerging technologies, the government has launched a INR one trillion fund aimed at deep tech and sunrise sectors.

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India's Economic Vision: From $3.5 Trillion to $35 Trillion by 2047, Says Commerce Minister Piyush Goyal

Former Minister Suresh Prabhu added that under Modi's leadership, India is now recognized as a low-risk environment for international investment, enhancing its appeal in global markets

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200 Women Entrepreneurs to Receive INR 850 Cr Funding Through Goldman Sachs' Finance for Growth Program

Goldman Sachs' funding milestone boosts women-led businesses in India, driving job creation and economic growth through capital access, mentorship, and networking opportunities.

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India Has Now Over 1 Lakh Government Recognized Startups: Piyush Goyal

The minister highlighted the success of the Startup India initiative and stated that the nation has witnessed remarkable growth from 450 startups in 2016 to more than 1 lakh startups in 2023

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Government To Roll Out Quality Standards For Drones And EVs

Based on the discussion between concerned ministries and government departments, more products have been identified for notifying them under quality control orders (QCOs) and mandating compulsory certification of BIS, according to sources

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Piyush Goyal Invites All E-Commerce Players To a Much Larger Market

The minister highlighted that ONDC will foster economies of scale, competition and better pricing along with quality that will ultimately benefit consumers

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Focus On Scale, Efficiency And Technology To Cut Logistics Costs, Says Piyush Goyal

The minister said that logistics has become the centerpiece of India's policy making in its journey towards becoming a developed nation and a leader in international trade

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India Unveils New Foreign Trade Policy 2023

Unlike previous policies that were announced for five years, the FTP 2023 reportedly has no end date and will be updated as needed

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ONDC Will Help Small Retail Survive Onslaught Of Large Tech-Based Ecommerce Firms, Says Piyush Goyal

The minister also said that the consumer industry in India, and FMCGs have been victims of indiscriminate low-quality imports because of which people have suffered

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Goods And Services Exports May Touch $1 Trillion Each By 2030, Says Piyush Goyal

According to reports, the country's merchandise and services exports touched an all-time high of $422 billion and $254 billion, respectively, in 2021-22

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FTA With EU May Take Longer To Conclude, Says Piyush Goyal

As per reports, currently EU is India's third largest trading partner, accounting for $88 billion worth of trade in goods in 2021, whereas India is the EU's 10th largest trading partner accounting for 2.1% of EU total trade in goods in 2021

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India Can Achieve a $47 Trillion Economy Target By 2047 Trusts Piyush Goyal

As India enters the Amrit Kaal, he shared that India had all the potential to achieve a $47 trillion economy target on its centennial anniversary

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Take the Products To World Level, Piyush Goyal To Electronic Manufacturers

The minister further highlighted about the opportunity for the sector from across the world especially in the wake of the COVID-19 pandemic and exhorted the industry to seize it

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Piyush Goyal Calls For International Network To Strengthen Global Startup Ecosystem

According to the minister, this network must support and inspire startups, act as a team to facilitate exchange of ideas, best practices and funding mechanisms and promote collaborations in research and development

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Apple Plans 25% Manufacturing Scale Up In India, Says Piyush Goyal

Information technology minister Ashwini Vaishnaw on Monday tweeted that Apple's exports from India had hit $1 billion in December