Commerce and Industry Minister Piyush Goyal rallied industry titans in New Delhi, imploring them to storm new territories, elevate standards, and forge ahead in competitiveness. At stake: the full harvest of India’s latest trade triumphs.
Joined by leaders from 35 EPCs and prominent associations, Goyal unpacked the strategic imperative of FTAs with wealthy nations. ‘Harness them fully,’ he advised, projecting waves of employment and robust export surges for goods and services.
The Modi administration’s pacts prioritize inclusivity – from rural farmers and factory workers to artisans and micro-enterprises – while shielding agriculture, dairy, and unlocking global demand for India’s herbal medicines and yoga.
Drawing from millennia-old mercantile heritage, Goyal framed these as accelerators toward ‘Viksit Bharat’ under PM Modi’s ‘development and heritage’ ethos. Industry voices cheered FTAs with UK, EU, and the US, celebrating the nixing of a 25% tariff threat via a 2026 US order.
America remains a cornerstone export hub, and tariff elimination promises renewed battle-readiness for Indian sellers. Conversations turned to Export Promotion Mission gains, including interest aid on loans, MSME guarantees, and bespoke help for novel markets. The stage is set for India’s trade ascent.