Piyush Goyal Urges Indian Industries to Leverage India-EU Free Trade Agreement

Union Commerce and Industry Minister Piyush Goyal highlighted the growing momentum of the India-Germany partnership following an insightful interaction with the accompanying Indian Business Delegation in Berlin. He emphasised the expanding opportunities for Indian industry through stronger bilateral economic cooperation, trade and investment.

Goyal underscored the transformative potential of the India-European Union Free Trade Agreement (India-EU FTA) in expanding market access, strengthening supply chains and creating new avenues for trade and investment. He urged Indian businesses, particularly Micro, Small and Medium Enterprises (MSMEs), to capitalise on these opportunities and establish lasting partnerships with German counterparts.

Insightful interaction with the accompanying Indian Business Delegation in Berlin, celebrating the growing momentum of the India-Germany partnership and the opportunities it presents for Indian industry. Emphasised the transformative potential of the India-EU Free Trade Agreement in expanding market access, strengthening supply chains, and creating new avenues for trade and investment. Urged businesses especially MSMEs across sectors and textiles to pharmaceuticals, engineering, renewable energy, and emerging technologies, to seize this opportunity and build lasting partnerships with German counterparts. Called upon the delegation to uphold the highest standards of quality, compliance, and reliability, reinforcing India's standing as a nation that delivers on its commitments and a partner the world can trust.

— Piyush Goyal (@PiyushGoyal) October 24, 2026

The Minister highlighted the potential for collaboration across a wide range of sectors, including textiles, pharmaceuticals, engineering, renewable energy and emerging technologies. Greater engagement with German businesses, he emphasised, can help Indian enterprises expand their international presence and strengthen their participation in global value chains.

Goyal also called upon the business delegation to uphold the highest standards of quality, regulatory compliance and reliability. He stressed that these principles are essential to reinforcing India's global reputation as a nation that delivers on its commitments and a trusted partner for international trade and investment.

The interaction in Berlin reaffirmed the importance of strengthening India-Germany economic ties and encouraging Indian businesses to make the most of emerging international trade opportunities.