Union Commerce and Industry Minister Piyush Goyal on Friday said that the central government was committed to ensuring that industry does not face unnecessary stress or difficulties arising from unilateral actions by some countries.
Addressing the gathering at the launch of curtain raiser for Bharat Buildcon 2026 in New Delhi, he urged industry representatives to highlight sectors where alternate markets are required, assuring that the Commerce Ministry is reaching out to partners across the globe to open up new opportunities.
He emphasized that, alongside global outreach, boosting domestic consumption remains a priority. The upcoming GST Council meeting, he noted, is expected to provide measures that will quickly stimulate demand and give a strong boost to domestic manufacturing.
The Minister said the government is focused on supporting industry so that no sector is left behind—whether in accessing international markets or strengthening domestic opportunities.
Underscoring India’s rising global position, Goyal asserted with confidence that this year’s exports will be higher than last year’s, reflecting the growing competitiveness and resilience of Indian industry.
The Minister also drew attention to the acute housing shortage in Australia, where nearly 1 million homes are required. He invited Indian businesses, workers, and experts to seize this opportunity, stating that Australia is open to financial collaboration, technical expertise, and workforce support from India.
“Training and certification opportunities are also being offered so Indian professionals can meet Australian standards. If we miss this opportunity, we will have only ourselves to blame,” he remarked.
He further highlighted India’s expanding network of Free Trade Agreements (FTAs) with developed countries, including Australia, the UAE, Switzerland, Norway, Liechtenstein, Iceland, and the UK, with negotiations ongoing with the European Union and others. These agreements, he said, will further open global opportunities for Indian industries such as construction, steel, and allied sectors.
He also highlighted the vast export potential in steel and iron ore, noting that India could export 15 million tonnes of steel annually, strengthening its export basket with high-quality, competitively priced products.
“Let us build infrastructure that binds India together,” Goyal said, concluding that Bharat Buildcon 2026 will showcase India’s strength, innovation, resilience, and competitiveness as the country marches towards Viksit Bharat 2047.
