The commerce minister, who also holds the consumer affairs portfolio, added that he is willing to change the regulations if needed
India's exports touched USD 300 billion during April-December 2021 and would reach USD 400 billion by end of this fiscal, Commerce and Industry Minister Piyush Goyal said on Tuesday.
About free trade agreements, Goyal said that India's FTA with the UAE is close to finalisation
Talks with the UK are expected to be launched later this month
Goyal said the country is on track to achieve an export target of $400 billion
The supply of oxygen for medical purposes was enhanced almost 10 times from 1,000 tonnes per day in December 2019 to 9,600 tonnes per day in May this year
Around 45 per cent Indian start-ups are from tier 2 and 3 cities and 623 districts have at least one recognised start-up.
Minister asks successful startups to consistently engage with the youth of the nation to inculcate entrepreneurial spirit
He said the government is protecting the interest of the domestic toy industry
The proposed free trade agreement is aimed at enhancing economic ties between the two countries
He was speaking at the 94th Annual Convention of industry body Ficci
Union Minister of Commerce and Industry Piyush Goyal on Tuesday said India is becoming the global hub for innovation with the third-largest startup ecosystem.
Goyal suggested focusing on six areas to build a sustainable, inclusive and resilient ecosystem to further promote partnership with other countries
Leaders and govts can only create framework and provide platforms but at the end of the day it is up to businesses to take advantage of the opportunities, Goyal said.
Goyal said India was ready to export as many doses as partner nations require
Union Minister of Commerce and Industry Piyush Goyal on Sunday said that the less the government interferes in the start-up ecosystem, the more potential it will have to be successful.
The Minister of Commerce and Industry was addressing a gathering during a visit to the Science and Technology Park at the Savitribai Phule Pune University (SPPU)
The amount has to be refunded to the depositor within 90 days
The minister also said Goyal said that special care of MSMEs needs to be taken for easier and cost effective supply of steel
Under a free-trade agreement, two trading partners reduce or eliminate customs duties on the maximum number of goods traded between them