Piyush Goyal
Indian goods and services exports set to cross $760 bn in 2022-23: Piyush Goyal
Addressing the industry body Assocham's annual session, Goyal said that in 2021-22, the country's goods and services exports touched an all-time high of $422 billion and $254 billion respectively, taking the total shipments to $676 billion. "There's obviously much faster growth in services, but growth in both (merchandise and services exports) is good. Probably we will end the year with about $760 billion (in exports), if not more," Goyal said.
Need to create quality consciousness in country: Piyush Goyal
In his address on the occasion of World Consumer Rights Day, he said: "We should work towards creating quality consciousness in the country and win the confidence of our customers." Goyal also said that "people want high quality in services and products and that it is their right. Today is a day of celebration of this right and it is a day to commit ourself to work towards ensuring that quality and service".
India to achieve $750 billion of exports in 2022-23: Piyush Goyal
Goyal said this on Monday while addressing the CII Partnership Summit in the national capital. The three-day summit got underway on Monday. "Sustainability has been at the core of G20 agenda for several years now, the core of all multilateral and bilateral engagements over the last few years, but for India, sustainability is a way of life," he said.
India-US goods & services trade doubled since 2014, surpasses $191 bn in 2022
Co-chaired by Goyal and Raimondo, the commercial dialogue is a part of ongoing efforts to strengthen US-India Comprehensive Global Strategic Partnership. Raimondo attended the meeting before leaving for the US on Friday. She had arrived in India on March 7 at the invitation of the Indian government.
Piyush Goyal: India can touch up to $40-trillion economy by 2047
Referring to the peculiar dynamics in Asia where there are economies which are both democracies and authoritarian, the Minister said that now India is clearly considered as the country of the decade, if not the country of the 21st century, in view of our strong macroeconomic fundamentals and the reforms of the past few years.
Government urges big companies to handhold MSMEs
Addressing the fourth Plenary Session of B20 India Inception Meeting on "Building Resilient Global Value Chains" in Gandhinagar, he noted that MSMEs flourish around a larger unit or anchor. Citing an example, he said that as Apple's manufacturing plant comes up, thousands of MSME units flourish in the ecosystem as mini value chain suppliers to Apple.
Goyal warns of strict action against those found involved in corruption
In his speech, Goyal directed the Secretary, Department of Food and Public Distribution to monitor the transformation of FCI and Central Warehousing Corporation every week and to update him on the status on a fortnightly basis. He said strict action has to be taken against the officials who do not cooperate with or delay the transformation process.
Piyush Goyal calls upon countries of Global South to help build resilient supply chains
Addressing the virtual Voice of the Global South summit, Piyush Goyal said that India is providing unilateral duty-free market access to least-developed countries (LDCs) since 2008 through the duty-free tariff preference (DFTP) scheme, and therefore it is also open to enter into preferential trade agreements (PTAs) with interested countries in the South.
We are looking at much bigger ambitions in our trade with US: Piyush Goyal
India and the US have decided to focus instead on greater market access, ease of doing business between the two countries and a larger footprint regarding trading, investment and business, the Minister said on Wednesday. Two specific targets for this elevated engagement were semiconductors and defence production.
Piyush Goyal mocks 'mini' trade deal with US, concedes no FTA on offer
India and the US have decided to focus instead on greater market access, ease of doing business between the two countries and a larger footprint regarding trading, investment and business, the Minister said on Wednesday. Two specific targets for this elevated engagement were semiconductors and defence production.
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