Home India Ministry of Commerce and Industry Union Minister of Commerce & Industry Shri Piyush Goyal call...
Date: 2026-03-10 Category: Press Release State: Union Government Country: India

Union Minister of Commerce & Industry Shri Piyush Goyal calls for stronger collaboration to position India as global leader in agricultural and processed food exports

Issued by Ministry of Commerce and Industry · Not Applicable

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Executive Summary & Key Takeaways

**Executive Summary** Union Minister of Commerce & Industry Shri Piyush Goyal has called for enhanced collaboration to position India as a global leader in agricultural and processed food exports. India's food and agricultural exports have reached nearly ₹5 lakh crore annually, making it the seventh largest exporter globally. Key deadlines or dates are not explicitly mentioned, but the document highlights past achievements from 2014 to 2025 and ongoing negotiations. **Key Points / Main Content** * **Export Performance and Growth** * India's food and agricultural exports total nearly ₹5 lakh crore annually, positioning the country as the seventh-largest global exporter. * Processed food exports have quadrupled, fruit and pulses exports have tripled, and cereal exports have doubled since 2014. * Rice exports have grown by 62% during the period from 2014 to 2025. * These achievements aim to align with the vision of India becoming the "food basket of the world." * **Free Trade Agreements (FTAs) and Trade Safeguards** * Nine FTAs concluded in the last three and a half years have opened access to 38 developed countries, creating market opportunities and integrating Indian businesses into global value chains. * FTAs have been negotiated to safeguard the interests of farmers, fishermen, and MSMEs. * Sensitive sectors such as dairy, genetically modified (GM) products, rice, wheat, maize, soy meal, and pulses have been protected with no concessions granted to foreign producers or market access for GM products. * Concessions have generally not been extended in the sugar sector to protect domestic sugarcane farmers and producers. * Stakeholders are urged to raise awareness about how FTAs safeguard national interests while expanding trade. * **Promoting Food Processing and Value Addition** * Farmers and entrepreneurs are encouraged to leverage the ₹1 lakh crore Agriculture Infrastructure Fund. * Focus on food processing and value addition is recommended to enable farmers to access higher-value global markets. * The growth of small enterprises in the food processing sector is creating new avenues for employment and business. * **International Partnerships and Market Access** * Italy is the partner country for the 40th edition of AAHAR, with opportunities for collaboration in the food and hospitality sector. * Europe is identified as a major market for agricultural and processed food imports, with new trade arrangements offering near-zero or low duties on Indian products. * Opportunities exist through agreements with EFTA countries (Switzerland, Norway, Liechtenstein, Iceland), New Zealand, Australia, Japan, Korea, ASEAN nations, Oman, UAE, and Mauritius. * Negotiations with Canada are progressing, and discussions with the six-nation GCC group in the Middle East have commenced. * **Government Support and Future Outlook** * The government will provide comprehensive support and handholding to exporters through the Ministry of Commerce and Industry and the Directorate General of Foreign Trade (DGFT). * The combined efforts of farmers, fishermen, entrepreneurs, and MSMEs are expected to expand global trade, strengthen the "Made in India" brand, enhance farmer incomes, and create business opportunities. **Impact Analysis** * **Farmers** * **Impact**: Increased market opportunities for agricultural produce due to FTAs and global demand. Safeguarded interests in sensitive sectors like dairy and sugar. Potential for enhanced incomes through focus on food processing and value addition. * **Action Required**: Leverage the Agriculture Infrastructure Fund, focus on food processing and value addition, and understand how FTAs protect their interests. * **Fishermen** * **Impact**: Safeguarded interests in trade negotiations, protecting the domestic sector. * **Action Required**: Understand how FTAs safeguard their interests and participate in the growth of agricultural and processed food exports. * **MSMEs (Micro, Small and Medium Enterprises)** * **Impact**: Safeguarded interests in trade negotiations. Growth opportunities in the food processing sector are emerging, creating new avenues for employment and business expansion. * **Action Required**: Take advantage of opportunities in the food processing sector and explore collaborations and packaging innovations. * **Exporters** * **Impact**: Expanded market access through FTAs with 38 countries. Increased global demand for Indian products. * **Action Required**: Explore new market opportunities, leverage government support and handholding through the Ministry of Commerce and Industry and DGFT. * **Industry and Business Community** * **Impact**: Opportunities for growth and expansion through increased exports and international partnerships. * **Action Required**: Spread awareness at the grassroots level about FTAs, explore new ideas and collaborations at industry events like AAHAR, and participate in manufacturing and business expansion opportunities.

Key Entities Referenced

Free Trade Agreements (FTAs): Trade agreements that eliminate or reduce tariffs and other barriers to trade between participating countries, impacting India's agricultural and processed food exports. Ministry of Commerce & Industry: The government ministry responsible for overseeing trade and industrial policies, playing a key role in promoting India's exports. Shri Piyush Goyal: The Union Minister of Commerce & Industry who is advocating for increased collaboration and strategic positioning of India in global agricultural and processed food exports. AAHAR – The International Food & Hospitality Fair: An event where the Union Minister made significant announcements and highlighted opportunities for India's food and agricultural sector. Agriculture Infrastructure Fund: A fund that farmers and entrepreneurs are encouraged to leverage for food processing and value addition to access global markets.
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Ministry of Commerce & Industry Union Minister of Commerce & Industry Shri Piyush Goyal calls for stronger collaboration to position India as global leader in agricultural and processed food exports India’s food and agricultural exports reach nearly ₹5 lakh crore annually; country becomes seventh largest exporter globally: Shri Piyush Goyal Processed food exports rise fourfold, fruits and pulses exports triple, cereals double; rice exports grow by 62% since 2014: Shri Piyush Goyal India’s FTAs safeguard interests of farmers, fishermen and MSMEs; sensitive sectors like dairy and GM products protected: Shri Piyush Goyal Posted On: 10 MAR 2026 1:05PM by PIB Delhi Union Minister of Commerce & Industry Shri Piyush Goyal today called upon stakeholders from the food, agriculture and hospitality sectors to work collectively towards making India the world’s largest exporter of agricultural and processed foods, highlighting the vast opportunities created by India’s expanding trade agreements and the growing global demand for Indian products. Addressing the gathering at the inauguration of the 40th edition of AAHAR – The International Food & Hospitality Fair in New Delhi today, Shri Goyal said that India’s exports of food and agricultural products —including farm produce and fisheries—have reached nearly ₹5 lakh crore (over USD 55 billion) annually, making the country the seventh largest exporter of agricultural produce in the world. He noted that over the past eleven years, from 2014 to 2025, India’s agri and food exports have witnessed significant growth. Exports of processed foods have increased fourfold, fruit and pulses exports have tripled, processed vegetable exports have quadrupled, cocoa exports have tripled, and cereal exports have doubled. Rice exports alone have grown by 62 percent during this period. Shri Goyal said these achievements should inspire India to aspire for the top position globally in agricultural and processed food exports. He emphasized that the goal is achievable and aligns with the vision of Prime Minister Shri Narendra Modi that India should become the “food basket of the world.”The Minister highlighted that the nine Free Trade Agreements (FTAs) concluded by India over the past three and a half years have opened access to 38 developed and prosperous countries, providing vast market opportunities for Indian exporters. He added that India today has preferential market access covering nearly two-thirds of global trade, which strengthens India’s position as an attractive investment destination and enables Indian businesses to integrate into global value chains. Shri Goyal emphasized that while negotiating FTAs, the Government has carefully safeguarded the interests of domestic stakeholders, particularly farmers, fishermen and MSMEs. He said India has protected sensitive sectors such as dairy, where no concessions have been given to foreign producers. Similarly, genetically modified (GM) products have not been granted duty concessions or market access. He further clarified that key agricultural commodities such as rice, wheat, maize, soy meal and several varieties of pulses have been protected in trade negotiations. In the sugar sector, concessions have generally not been extended to prevent imports that could adversely affect India’s sugarcane farmers and domestic producers. The Minister said these measures ensure that India’s domestic strengths remain protected while new global opportunities are created for Indian products. He urged stakeholders connected with industry and the business community to spread awareness at the grassroots level about how India’s FTAs safeguard national interests while expanding international trade opportunities. Shri Goyal also encouraged farmers and entrepreneurs to take advantage of the ₹1 lakh crore Agriculture Infrastructure Fund and focus on food processing and value addition, which can enable farmers to access higher-value global markets. He noted that an increasing number of small enterprises are entering the food processing sector, creating new avenues for growth and employment. Highlighting the importance of international partnerships, Shri Goyal welcomed Italy as the partner country for the 40th edition of AAHAR and said that India should learn from best practices in Italy’s food and hospitality sector while also building collaborations with Italian companies. Such partnerships, he said, can help promote Indian cuisine, expand the global taste for Indian products and strengthen trade linkages. The Minister pointed out that Europe represents a major market for agricultural and processed food imports, especially with new trade arrangements that provide near-zero or very low duties on many Indian products. He also referred to opportunities arising from India’s agreements and partnerships with EFTA countries—Switzerland, Norway, Liechtenstein and Iceland—New Zealand, Australia, Japan, Korea, ASEAN nations, Oman, the UAE and Mauritius. He added that negotiations with Canada are progressing and discussions with the six-nation GCC group of countries in the Middle East have recently been launched. Shri Goyal noted that the EFTA agreement marks two years since its finalisation, further strengthening India’s access to global markets. The Minister congratulated the organisers and participants on the 40th edition of AAHAR, describing it as a landmark event for the food and hospitality sector. He said that for the first time AAHAR has a partner country, Italy, and also announced that the exhibition will be opened to the general public on the evening of Friday the 13th and throughout Saturday, allowing visitors, especially young people, to experience the strengths of the food, beverage and hospitality sectors from India and across the world. Shri Goyal encouraged exhibitors and participants to explore the entire exhibition beyond their own stalls, noting that such interactions can lead to new ideas, collaborations, packaging innovations and opportunities in manufacturing and business expansion.He assured exporters that under the Export Promotion Mission the Government will provide comprehensive support and handholding, including through the Ministry of Commerce and Industry, the Directorate General of Foreign Trade (DGFT) and other relevant divisions that promote Indian exports globally. Concluding his address, Shri Goyal expressed confidence that the combined efforts of farmers, fishermen, entrepreneurs and MSMEs will enable India to expand global trade, strengthen the “Made in India” brand worldwide, and significantly enhance farmers’ incomes while creating new opportunities for businesses. *** Abhishek Dayal/Shabbir Azad/ Ishita Biswas (Release ID: 2237397) Visitor Counter : 424 Read this release in: Urdu , ही , Gujarati , Tamil , Malayalam

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