Piyush Goyal Leads Crucial Dialogue with Industry: India’s Export Engine Gets a Renewed Push

In a bid to fuel India’s ambition of becoming a global export powerhouse, Union Minister of Commerce and Industry Piyush Goyal chaired a high-level meeting in New Delhi with top representatives from Export Promotion Councils (EPCs) and industry associations. The closed-door discussion wasn’t just another policy review — it was a strategic pulse check on India’s export performance, challenges, and the next wave of reforms to strengthen the country’s position in the global trade ecosystem.

The meeting brought under one roof senior officials from the Department of Commerce, Department of Revenue, Department for Promotion of Industry and Internal Trade (DPIIT), Directorate General of Foreign Trade (DGFT), and representatives from key industry bodies. The agenda: to take stock of how far India’s export reforms have come — and chart the road ahead for the second half of FY 2025–26.

Setting the Stage: A Growing Export Landscape

The discussions came at a time when India’s exporters have been navigating global uncertainties — from shifting supply chains to evolving trade policies. Yet, amid challenges, Indian exports have continued to find new markets, diversify product portfolios, and strengthen global credibility.

Against this backdrop, the DGFT and Department of Commerce presented detailed insights on major reforms implemented during the first half of FY 2025–26. The presentations highlighted how policy tweaks, digital initiatives, and trade facilitation measures have begun translating into real, on-ground ease for exporters.

Industry Voices: Confidence and Collaboration

Representatives from diverse sectors — including Textiles, Engineering, Gems & Jewellery, Pharmaceuticals, Services, Medical Devices, Telecom, and Leather — participated in the deliberations. From FIEO, CII, FICCI, ASSOCHAM, PHDCCI, SIAM, NASSCOM, to EPCH, the country’s most influential trade bodies came together to share their on-ground experiences and sectoral insights.

The consensus was clear: the industry lauded the Ministry’s proactive policy approach and Minister Goyal’s hands-on leadership in driving trade reforms that make doing business simpler and more transparent. Several representatives acknowledged that India’s growing reputation as a trusted global manufacturing and export hub owes much to this steady policy direction and the Centre’s continued engagement with exporters.

Reforms, Digitization, and the Road Ahead

The tone of the meeting was both reflective and forward-looking. With export diversification gaining momentum, discussions also covered the bottlenecks exporters continue to face — from logistics costs and regulatory overlaps to global market access barriers.

Responding to these, Minister Goyal reaffirmed the government’s commitment to building a facilitative, reform-driven trade ecosystem. He emphasized that the focus remains on simplifying trade processes, deepening digitization, and ensuring seamless coordination between departments to make India’s trade environment globally competitive.

“Our focus remains on simplifying trade processes, supporting exporters, and ensuring Indian products reach every corner of the world with competitiveness and confidence,” Goyal said, underscoring his ministry’s priorities.

He also urged EPCs and industry associations to work in close partnership with the government, stressing that collective action and continuous dialogue are crucial to unlocking India’s export potential.

Positioning India for Global Leadership

The meeting underscored the government’s broader economic vision — export-led growth as a central pillar of India’s long-term strategy. From encouraging innovation and value-added manufacturing to ensuring that small and medium enterprises can plug into global supply chains, the conversation reflected an ecosystem-wide approach to trade growth.

By focusing on ease of doing business, policy predictability, and digital integration, the Ministry aims to not only boost export numbers but also enhance India’s reputation as a trusted global partner in manufacturing and services.

The dialogue concluded on an optimistic note, with stakeholders reaffirming their support for ongoing policy reforms and their shared commitment to the vision of a “Made in India, for the World” export movement.

As India continues to expand its presence in international markets, meetings like these play a crucial role in shaping the roadmap. They ensure that policy remains in sync with industry realities — and that India’s exporters have both the confidence and capability to thrive in a rapidly changing global economy.

With sustained collaboration between the government and industry, India’s export story is clearly gearing up for its next big chapter — one driven by innovation, resilience, and reform.