General / PIB Releases

INDIA’S MERCHANDISE TRADE: Preliminary Data August 2021

India’s merchandise exports in August 2021 was USD 33.14 billion, an increase of 45.17% over USD 22.83 billion in August 2020 and an increase of 27.5% over USD 25.99 billion in August 2019

India’s merchandise exports in April-August 2021 was USD 163.67 billion, an increase of 66.92% over USD 98.05 billion in April-August 2020 and an increase of 22.93% over USD 133.14 billion in April-August 2019

New Delhi, 2nd September 2021

VGC growing at 9 % and expected to reach ~Rs 3 lakh crore (US$ 43.93 bn) by 2024: Union Minister Shri Piyush Goyal

With the spirit of “Local goes Global” We must focus on making content that has a local flavour with an international appeal: Shri Piyush Goyal

Shri Goyal urges industry to ensure skill development & building competitiveness by imparting vocational training and technical education in this field

FDI equity inflow grows by 168% in the first three months of F.Y. 2021-22 (US$ 17.57 billion) compared to the same corresponding period last year (US$ 6.56 billion)

Total FDI inflow of US$ 22.53 billion during first three months of 2021-22, i.e. April, 2021 to June, 2021 is much Higher as compared to US$ 11.84 billion in first three months of 2020-21

Total FDI inflow 90% higher in first three months of 2021-22, i.e. April, 2021 to June, 2021 as compared to first three months of 2020-21

We are fast progressing on our discussions on FTAs with several countries like UK, UAE, GCC countries, Australia and European Union – Shri Goyal

India and US have agreed to aspire for $500 bn trade in near future – Shri Piyush Goyal

Traders & Exporters are the twin pistons powering the economic growth engine of the Nation: Shri Goyal

New India will be built on mantra of ‘Sabka Saath, Sabka Vikas, Sabka Vishwas & Sabka Prayas’: Shri Piyush Goyal

Every growth parameter is showing extremely exciting future for all of us: Shri Piyush Goyal

Spices Board in association with the Embassy of India, Bangkok organized an International Buyer Seller Meet (IBSM) followed by webinar

Over 240 exporters from India and 60 plus importers from Thailand participated in the Meet

India’s spice exports amounted to more than 17 lakh MT valued more than 30000 crores during the 2020-21 fiscal year

New Delhi, 25th August, 2021

Government relaxes the rules for import of crushed and de-oiled GM soya cake (Non-living organism only), benefiting farmers, poultry farmers and fishermen

Relaxations given to allow imports of 12 Lakh Metric ton of crushed and de-oiled GM soya cake (only Non living organism)

New Delhi: 24th August, 2021

Government of India has relaxed the rules for import of crushed and de-oiled GM soya cake (Non-livingq organism only). This is going to benefit the farmers, poultry farmers and fishermen in a big way.

India’s exports to ASEAN estimated at US$ 46 billion in FY22: Ms Anupriya Patel

Government has taken numerous measures to make India more attractive destination for FDI: Ms Patel

Minister of State for Commerce & Industry Ms Anupriya Patel inaugurates the Four day long “India ASEAN Engineering Partnership Summit”

New Delhi: 24th August 2021