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Ministry of Commerce & Industry

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Announcements & other updates

Commerce Minister to visit Germany and Netherlands to boost trade and investment

The Ministry of Commerce & Industry announced on 21 October 2026 that Union Minister Shri Piyush Goyal will visit Germany from 22 to 24 October and the Netherlands from 24 to 27 October 2026. The visit aims to expand bilateral trade, advance technological collaboration in areas like green mobility and AI, and explore opportunities related to the India–EU Free Trade Agreement.

Source details
Issued by
Ministry of Commerce & Industry
Published on
Press Information Bureau, pib.gov.in (Press releases)
File hosted on
www.pib.gov.in, the government's file server for pib.gov.in
Dated
21 October 2026
The link opens
The original press release on the government website, in a new tab, unchanged.
Our check
Drafted from the release text and checked by software. Not yet reviewed by a person.

October 20262 items

Announcements & other updates

Core industries grew by 7.9% in September 2026

The Ministry of Commerce & Industry announced on 21 October 2026 that the Index of Core Industries (ICI) grew by 7.9 per cent year-on-year in September 2026. This is an increase from the 5.9 per cent growth recorded in August 2026.

Who it affects
core industries
When · Where
From 1 April 2026: cumulative growth period for ICI (+2 more) · Across India
Source details
Issued by
Ministry of Commerce & Industry
Published on
Press Information Bureau, pib.gov.in (Press releases)
File hosted on
www.pib.gov.in, the government's file server for pib.gov.in
Dated
21 October 2026
The link opens
The original press release on the government website, in a new tab, unchanged.
Our check
Drafted from the release text and checked by software. Not yet reviewed by a person.
Announcements & other updates

India-New Zealand Free Trade Agreement takes effect on 20 October 2026

The Ministry of Commerce and Industry announced on 19 October 2026 that the India–New Zealand Free Trade Agreement (FTA) will enter into force on 20 October 2026. The agreement provides 100% duty-free access to the New Zealand market for Indian goods, benefiting MSMEs, farmers, and women entrepreneurs, though sensitive items like dairy and sugar remain excluded.

Who it affects
Indian exporters, including MSMEs, artisans, farmers, and women entrepreneurs; Indian youth and professionals
When · Where
From 20 October 2026: India–New Zealand Free Trade Agreement entry into force (+1 more) · New Zealand
Source details
Issued by
Ministry of Commerce & Industry
Published on
Press Information Bureau, pib.gov.in (Press releases)
File hosted on
www.pib.gov.in, the government's file server for pib.gov.in
Dated
19 October 2026
The link opens
The original press release on the government website, in a new tab, unchanged.
Our check
Drafted from the release text and checked by software. Not yet reviewed by a person.