• Feedback
  • RSS Feed
  • Sitemap
Ommcom News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • Odisha Special
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • Odisha Special
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Business

Commerce Ministry Lists Progress On Free Trade Pacts, Robust Startup Growth

OMMCOM NEWS by OMMCOM NEWS
December 13, 2025
in Business
Commerce Ministry

New Delhi: Union Commerce and Industry Minister Piyush Goyal has said that the number of government-recognised startups crossed the two-lakh mark, apart from highlighting progress on free trade agreements (FTAs) and bilateral engagements.

The minister outlined key developments from the Ministry of Commerce and Industry over the past 10 days on the social media platform X, highlighting progress on FTA, bilateral engagements and domestic industry milestones.

“The ministry held high-level discussions with the EU’s Commissioner for Trade and Economic Security, Maros Sefcovic, to provide strategic direction to the FTA negotiating teams as both sides strive for an early conclusion of the agreement,” the minister highlighted.

He also met Claudia Sanhueza, Treasury Undersecretary in Chile’s foreign ministry, following the successful conclusion of the fourth round of the India-Chile CEPA negotiations.

Both sides reviewed the substantial progress made during the talks and reaffirmed their commitment to concluding the agreement at the earliest.

The minister also met Maxim Reshetnikov, Russia’s Minister of Economic Development, to discuss cooperation across sectors, including food and agriculture, pharmaceuticals, textiles and automobiles.

“The total number of government-recognised startups has crossed the 2-lakh mark at a total of 2,01,335. These startups have created over 21 lakh jobs across the country. More than 48 per cent of the recognised startups in India have at least one woman director,” the minister said in the X post.

Also, “Dakshina Kannada has been designated as a District Export Hub under the Districts as Export Hubs (DEH) initiative,” the minister noted.

Seafood and cashew have been added as potential export products, which are expected to further strengthen the local industry, enhance value-added activities, and expand market opportunities for enterprises in the region, Goyal informed.

Earlier this week, Goyal said that Kolhapuri chappal exports could become a $1 billion‑a‑year opportunity, after Italian fashion house Prada announced plans to produce limited‑edition, Kolhapuri‑inspired sandals in India.

Goyal also reiterated India’s commitment to a free trade agreement with the EU, adding that the country seeks deeper industrial and economic ties with Italy across R&D, technology, defence, textiles, agriculture and food processing.

(IANS)

Tags: Commerce MinistryNew Delhi
ShareTweetSendSharePinShareSend
Previous Post

India Remains A Bright Spot Amid Global Uncertainty: CEA Nageswaran

Next Post

Class VII Student Collapses, Dies On Way To School In Ganjam

Related Posts

Export
Business

Centre Rolls Out Two Key Finance Schemes To Boost MSME Exports

January 2, 2026
India's Forex Reserves
Business

India’s Forex Reserves Rise By $3.2 Billion To $696.6 Billion

January 2, 2026
Foreign Banks
Business

High-Level Panel Takes Up Proposals Of Foreign Banks To Expand Operations In India

January 2, 2026
Exports
Business

India Gradually Diversifying Export Basket To Mitigate Higher US Tariffs: Report

January 2, 2026
Adani
Business

Adani Enterprises Launches Third Rs 1,000 Crore NCD Issue, Offers Up To 8.90 Pc Per Annum

January 2, 2026
stock market
Business

Nifty, Bank Nifty Hit Record Highs, Sensex Up 0.67 Pc

January 2, 2026
Next Post

Class VII Student Collapses, Dies On Way To School In Ganjam

Woman DGP

Kerala’s First Woman DGP Sreelekha Wins As BJP Candidate In Thiruvananthapuram Corporation

AI Camera Helps Trap Three Poachers In Balasore’s Kuldiha Sanctuary

KHIMJI
OMC
  • Feedback
  • RSS Feed
  • Sitemap

© 2025 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • Odisha Special

© 2025 - Ommcom News. All Rights Reserved.