Commerce and Industry Minister Piyush Goyal has reiterated that India will continue protecting its dairy sector and will not permit imports of genetically modified (GM) products, describing both as highly sensitive areas in trade negotiations. He emphasised that India has consistently safeguarded the interests of farmers, fishermen and MSMEs under its free trade agreements.
Goyal highlighted India's efforts to secure preferential market access for key sectors, including textiles, pharmaceuticals, agriculture, and gems and jewellery, through lower import duties in international markets. He also stressed the government's focus on strengthening domestic manufacturing, promoting entrepreneurship and creating employment opportunities.
India is targeting $1 trillion in goods and services exports in FY2026-27. During April–September 2026, exports reached approximately $480 billion, registering around 14% year-on-year growth.
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