piyush goyal

piyush goyal, India's commerce and industry minister, is set to meet Indian and Australian CEOs this week to discuss investment opportunities during his visit to Australia from September 23-25. He will co-chair the 19th India-Australia joint ministerial commission meeting in Adelaide on September 25, focusing on enhancing bilateral economic ties.

Commerce and industry minister piyush goyal suggested creating a new township for startups to foster an ecosystem for entrepreneurs, incubators, and innovators. He proposed collaborating with NICDC on this initiative. The announcement came during the launch of the Bharat Startup Knowledge Access Registry (BHASKAR) portal, aiming to support ideas and initiatives in India.

India and Myanmar deliberated on boosting bilateral trade via local currencies, rupee and kyat, in a meeting between Commerce minister piyush goyal and Myanmar's minister Kan Zaw at the East Asia Summit Economic Ministers' Meeting in Laos. This approach seeks to cut transaction costs and aid nations with foreign exchange challenges.

Commerce minister piyush goyal’s suggestion to build a new startup township similar to Silicon Valley has caused political friction. Karnataka’s MB Patil defended Bengaluru’s established ecosystem, asking for help in enhancing its global status. Goyal criticized the state government for investor outflows and proposed transforming Tumakuru into a tech hub.

Reacting to a steep fall in exports, the Indian government has implemented several measures aimed at easing shipping challenges. Commerce Minister piyush goyal announced steps like acquiring vessels, waiving fees, and boosting container handling capacity. The initiatives are designed to lower freight rates and expedite port processes for exporters.

Commerce and industry minister piyush goyal proposed developing a new township dedicated to startups, aiming to create an ecosystem for entrepreneurs and innovators. Partnering with NICDC, he envisions this area as India's own Silicon Valley. Goyal also announced setting up a non-profit entity to consolidate startup initiatives under one roof.

Commerce minister piyush goyal has urged fintech companies to explore setting up in Gujarat's GIFT City due to tax breaks available until March 2025. At the Global Fintech Fest, Goyal pointed out the vast opportunities at the International Financial Services Centre and encouraged fintechs to capitalize on cross-border possibilities.

Shiv Sena (UBT) leader Aaditya Thackeray has accused the BJP and Mahayuti government of neglecting investment opportunities in Maharashtra, resulting in youth unemployment. He highlighted Gujarat's proactive measures and criticized the Maharashtra Pollution Control Board for its industry actions. Thackeray also questioned Union Minister piyush goyal's promotion of Gujarat over Mumbai.

The Indian Institute of Foreign Trade (IIFT) ranks 51st in LinkedIn's Top 100 MBA Programmes globally, excelling in networking. Commerce Minister piyush goyal highlighted the institute's dynamism. IIFT is setting up a Centre for International Negotiations and an International Business Case Study Centre to enhance training and research with global reach.

Union Minister piyush goyal visited the Mith Chowky bridge construction site in Mumbai, discussing efforts to speed up its completion. The 800-metre 'T-shaped' bridge aims to ease transportation and reduce fuel usage. Goyal also connected with students and inspected other ongoing projects in the area, promoting infrastructural development with constituents.