Committed to unlock new avenues to further enhance India's exports: Piyush Goyal
New Delhi, Oct 30
The government is committed to unlocking new avenues for quality-driven, sustainable growth to further enhance India's exports, Commerce and Industry Minister Piyush Goyal has said.
In a meeting with representatives from Export Promotion Councils (EPCs) and industry associations from diverse sectors here, Goyal focused on exploring strategies to propel India's export growth.
"Key discussion points included harnessing FTAs for greater market access, driving value addition, expanding market diversification and strengthening sectoral synergies," the minister posted on X social media platform.
He further stated that "We remain committed to unlocking new avenues for quality-driven, sustainable growth to further enhance India's exports".
Amid global uncertainties, the cumulative exports (merchandise and services) during April-September 2025 is estimated at $413.30 billion, compared to $395.71 billion in April-September 2024 -- an estimated growth of 4.45 per cent.
For the month of September, India's total exports (merchandise and services) is estimated at $67.20 Billion, registering a positive growth of 0.78 percent compared to September 2024. Major drivers of merchandise exports growth in September included Electronic Goods, Petroleum Products, Engineering Goods, Rice, Marine Products and Drugs and Pharmaceuticals.
Earlier, Goyal held a productive virtual meeting with Todd McClay, Minister of Trade, New Zealand.
"We discussed strengthening our trade ties and advancing FTA negotiations, focusing on creating a mutually beneficial and forward-looking framework for both nations," the minister informed.
"Looking forward to deepening our partnership and exploring new opportunities for mutual growth in key sectors," he added.
Goyal also met the delegation from the European Parliament's Committee on International Trade Affairs, and explored opportunities to strengthen the India-EU trade and investment partnership, focusing on advancing a fair, balanced, and forward-looking FTA.
"Confident that our shared commitment to openness, innovation, and sustainability will drive a stronger economic future for both India and the EU," said Goyal.
— IANS
Reader Comments
While the growth numbers look positive, I hope the government also focuses on making export procedures simpler for small businesses. The paperwork and compliance burden is still quite high for new exporters.
Excellent work by Minister Goyal! The EU FTA could be a game-changer for our pharmaceutical and IT sectors. Let's hope we get better market access for our services exports too. 💪
As someone working in the export sector, I appreciate the government's focus on quality-driven growth. The emphasis on sustainability is particularly important for accessing European markets. More power to our exporters!
The growth in electronic goods exports is impressive! Shows that Make in India is working. Hope we can replicate this success in other manufacturing sectors. The New Zealand partnership could open up new opportunities in agriculture exports.
While the initiatives are good, I hope the government ensures that FTAs don't compromise our domestic industries. We need balanced agreements that protect our farmers and small manufacturers while expanding market access.
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