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Indian Economy Demonstrates Resilience Amid Global Challenges: Piyush Goyal

Official Press

12 May 2026

Indian Commerce and Industry Minister Piyush Goyal spoke at the Confederation of Indian Industry Annual Summit, highlighting India's economic resilience amid global challenges. Despite global geopolitical and economic turmoil, India is achieving record export figures and maintaining a strong trade balance. Goyal emphasized the need for efficiency and self-reliance, with a focus on reducing waste and import bills. Free Trade Agreements with developed nations and advancements in AI and technology are key to bolstering India's global competitiveness and achieving the ambitious target of USD 2 trillion in exports by leveraging innovation and quality manufacturing.

Source: Original Link

Foundation Stone Laid for NSIC Technology Centre in Peenya

The foundation stone for the NSIC Technology cum Common Facility Centre was laid in Peenya, Bengaluru to support MSMEs in technology, skilling, and innovation. This initiative, backed by the Ministry of Micro, Small & Medium Enterprises, aims to enhance the technological landscape in Karnataka's industrial sectors. Source: Original

Ministry Reports Increase in Area Coverage of Summer Crops 2026

The Ministry of Agriculture and Farmers Welfare released data on the area coverage of summer crops as of May 8, 2026. The report highlights an overall increase in the sowing area compared to the corresponding period in 2025, with significant gains in pulses, coarse cereals, and oilseeds. Rice saw a

Ministry of Heavy Industries Pushes for Robust EV Charging Network

The Ministry of Heavy Industries organized a National Conference in Bengaluru, focusing on strengthening EV charging infrastructure across India under the PM E-DRIVE Scheme. Emphasizing the Government's commitment to a future-ready EV ecosystem, the conference approved new charging infrastructure projects worth ₹503.86 crore and highlighted the importance

PM E-DRIVE Scheme Spurs Electric Mobility in India

Prime Minister Modi's vision for India's electric vehicle (EV) revolution is gaining momentum, with Karnataka receiving a boost under the PM E-DRIVE scheme. Union Minister H.D. Kumaraswamy announced the installation of 1,243 new EV chargers in the state, positioning Karnataka as a leader in

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Foundation Stone Laid for NSIC Technology Centre in Peenya

Ministry Reports Increase in Area Coverage of Summer Crops 2026

Ministry of Heavy Industries Pushes for Robust EV Charging Network

PM E-DRIVE Scheme Spurs Electric Mobility in India