📷 Image: Wikimedia Commons / Ministry of Commerce and Industry (India)
Business
India poised for one of its strongest trade deals with the US, says Trade Minister Piyush Goyal
✍️ Business Standard
🗓 13 Nov 2026, 07:39 AM
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Trade Minister Piyush Goyal told Business Standard that ongoing negotiations are set to deliver one of the most favorable trade agreements India has ever secured with the United States.
Trade Minister Piyush Goyal said in an interview with Business Standard that the India‑United States trade talks are on track to produce what he described as one of the "best" deals India has ever secured with Washington. He emphasized that both sides are committed to overcoming remaining issues and finalising a comprehensive agreement that will cover goods, services and investment.
Goyal highlighted the potential economic impact, noting that a robust US‑India pact could boost bilateral trade, create new market opportunities for Indian exporters and attract greater U.S. investment in sectors such as technology, manufacturing and renewable energy. He added that the deal would complement existing strategic ties and support India’s broader goal of deepening economic integration with major economies.
The minister did not disclose a specific timeline but indicated that final negotiations are expected to conclude later this year, subject to parliamentary approvals and regulatory clearances. He urged stakeholders to stay engaged as the two governments work toward a mutually beneficial outcome.
Goyal highlighted the potential economic impact, noting that a robust US‑India pact could boost bilateral trade, create new market opportunities for Indian exporters and attract greater U.S. investment in sectors such as technology, manufacturing and renewable energy. He added that the deal would complement existing strategic ties and support India’s broader goal of deepening economic integration with major economies.
The minister did not disclose a specific timeline but indicated that final negotiations are expected to conclude later this year, subject to parliamentary approvals and regulatory clearances. He urged stakeholders to stay engaged as the two governments work toward a mutually beneficial outcome.