Piyush Goyal: India's Global Trade Ascent Signals a New Era | Video Report

Entertainment National Sports Markets Business & Economy Lifestyle World Astrology & Religion Technology Education & Jobs Auto Politics Viral Opinions

Loading more articles...

Piyush Goyal: India Entering New Era of Global Trade Despite Challenges

Minister flags resilience in exports, rising services surplus and new market openings despite global supply shocks

M

Moneycontrol•17-03-2026, 13:05

Piyush Goyal: India Entering New Era of Global Trade Despite Challenges

•Union Minister Piyush Goyal states India is beginning a new phase in global trade, strengthening its worldwide position.
•Acknowledges trade pressures like rising deficit and stress in merchandise exports due to geopolitical disruptions, but asserts impact is contained.
•Highlights strong growth in services exports, which consistently cushions volatility in goods trade.
•Combined trade deficit (goods and services) remains moderate, around 1-1.25% of GDP annually, with a surplus recorded four years ago.
•India has expanded its global trade footprint, opening access to 38 developed markets through FTAs, benefiting MSMEs, farmers, and new exporters.

Read Full Article on Moneycontrol in English

✦

More like this

✦

More like this

At the News18 Rising Bharat Summit 2026, the Commerce Minister says India engaged 38 developed economies since 2021-22 while safeguarding MSMEs, farmers and fishermen.

PM Modi's Strategy: India to Negotiate Trade Deals from 'Position of Strength'

India-Brazil ties get a new engine: FTAs, AI and a $15 billion trade base to build on

Goyal: Lula's India Visit a 'Defining Moment' for FTA Push, AI Partnership

Trade Deal Latest News Update

Piyush Goyal: India-US Trade Deal Talks On, Fuel Supply Stable Amid Global Tensions

Representational image (Image: News18)

RBI Deputy Guv: Indian Economy Shows Stable, Accelerating Growth Trajectory

India's Tariffs Lowest Among Emerging Economies? Piyush Goyal's Claim Examined

India's Tariffs Lowest Among Emerging Economies? Piyush Goyal's Claim Examined

అమెరికాతో ట్రేడ్ డీల్ అభివృద్ధికి అనుకూలం. ఏఐతో ఎన్నో అవకాశాలు - పియూష్ గోయల్

Piyush Goyal at Rising Bharat Summit 2026: US Trade Deal Favorable, AI Offers Opportunities