At ICAI meet, Minister Piyush Goyal tells Americans to “bear with” India’s rice ban

“The ban imposed by the government of India on the export of certain types of rice in July this year is “for the global good to ensure food safety for economically weaker sections of consumers” and also “to prevent traders from hoarding and blackmarketing rice,” said India’s commerce minister Piyush Goyal, while addressing a group of chartered accountants of ICAI from San Francisco. Goyal urged rice importers based in the US to “bear with” the Indian government’s calculated decision to put curbs on rice exports “for the larger good.”

Indian Commerce Minister Piyush Goyal launches ICAI San Francisco initiatives

India’s Minister of Commerce and Industry Piyush Goyal on Wednesday launched the ‘US-India Trade Desk’, ‘Catalyze (a chartered accountants focused newsletter) and ‘EmpowerHER Network’ to acknowledge women chartered accountants in the US. He was present at ‘Charting New Horizons: CAs as Catalysts in the US-India Partnership’ event hosted by the San Francisco Chapter of The Institute of Chartered Accountants of India (ICAI San Francisco) on November 15 in Palo Alto, California.

Secretary Gina Raimondo, Minister Piyush Goyal lead “Innovation Handshake” event to deepen US-India tech ties

US Secretary of Commerce Gina Raimondo and Indian Minister of Commerce and Industry Piyush Goyal on Tuesday led an industry roundtable and officially launched the two countries’ ambitious “Innovation Handshake” agenda, which President Biden and Prime Minister Modi previewed during the Prime Minister’s historic June 2023 official State Visit to Washington, DC.

San Francisco: India’s Piyush Goyal holds bilateral meetings with counterparts on sidelines of IPEF

On the sidelines of the IPEF (Indo-Pacific Economic Framework for Prosperity) in San Francisco, India’s Commerce and Industry Minister Piyush Goyal attended a series of bilateral meetings aimed at deepening and finding scope for new investment opportunities. Goyal, currently on a four-day visit to the US, met Indonesia’s Coordinating Minister for Economic Affairs, Airlangga Hartarto and the talks between the two leaders focused on strengthening trade and investment ties between India and Indonesia.

Indian Minister Piyush Goyal visits Tesla’s California facility, says EV maker will double Indian component imports

Indian Minister for Commerce and Industry Piyush Goyal on Monday visited Tesla’s manufacturing facility in California’s Fremont and said that the US electric car maker is on its way to double its components imports from India. Goyal stressed that he is proud to see the growing importance of auto component suppliers from India in the Tesla EV supply chain.

Commerce Minister Piyush Goyal to meet Elon Musk, Tesla’s India foray on agenda; will also interact with POTUS

Union Commerce and Industries Minister Piyush Goyal is scheduled to visit the US from November 13-17 to attend the Indo-Pacific Economic Framework (IPEF) ministerial meeting and has been invited to attend the Asia-Pacific Economic Cooperation Summit in San Francisco. On the day of his arrival, the minister is scheduled to meet with Tesla chief Elon Musk.

Tesla aims to source automobile parts worth up to $1.9 billion from India this year, says Piyush Goyal

Electric vehicle major Tesla Inc plans to source automobile parts worth up to $1.9 billion this year from India, Commerce Minister Piyush Goyal said on Wednesday. The imports will be around double as compared to auto parts worth $1 billion imported by Tesla from India last year, Goyal said while addressing the annual convention of Automotive Component Manufacturers Association (ACMA).

India’s overall exports up by 14% to $770 billion in 2022-23: Piyush Goyal

Union Commerce Minister Piyush Goyal said on Thursday that India’s overall exports reached an all-time high of $770 billion in 2022-23, registering 14% growth compared to the previous year’s figures. He said, “It is an all-time record, growing from $500 billion in 2020-21 to $676 billion in 2021-22. And now the country registers a further growth of nearly $100 billion to cross $770 billion in such challenging times…”