BusinessPhoto: MintPiyush Goyal Urges EU to Seek Trusted Partners Amid Rising Costs
India's Commerce Minister Piyush Goyal stated that European manufacturing must find trusted partner countries to produce goods as costs rise in Europe. He highlighted strained global supply chains due to conflicts in West Asia and Ukraine and an economic slowdown. The IMF projects 1.3% EU GDP growth in 2026, while India's growth forecast rose to 7% for FY27. India and the EU plan to sign a free trade agreement by year-end.
Mint··New Delhi




