India seeks a balanced trade agreement with the U.S., aiming to double bilateral trade to $500 billion by 2030, while prioritizing national economic interests amid discussions on tariff reductions and reciprocal measures.
The Indian government is considering extending import restrictions on low-ash metallurgical coke (met coke) beyond June 2025 to encourage domestic sourcing by steel manufacturers. In December 2024, India imposed country-specific quotas, limiting total met coke imports to 1.4 million metric tons from January to June 2025. This move aimed to protect local producers from a
Union Commerce and Industry Minister Piyush Goyal has announced that India and the United States are on the verge of finalizing a comprehensive bilateral trade agreement, which he described as the “mother of all deals.” Speaking at the Invest Kerala Global Summit (IKGS) on February 21, 2025, Goyal expressed optimism about the forthcoming negotiations with […]
Commerce and Industry Minister Piyush Goyal has emphasized that India’s economic growth can be significantly boosted by a combination of consumption-led and investment-led strategies. Speaking at the Invest Karnataka event in Bengaluru, he stated, “Economists will tell you that consumption-led growth, coupled with investment-led growth, can together become the
Union Minister Piyush Goyal has criticized certain states for requesting funds from the central government in proportion to their tax contributions, describing this approach as “petty thinking.” He emphasized that such demands overlook the broader principle of national unity and equitable development. Goyal’s Perspective on Fiscal Federalism Goyal argued
Commerce Minister Piyush Goyal encourages India's auto component industry to reduce import dependency by manufacturing machinery domestically and expanding electric vehicle component production.
