India-US trade deal advances the growth of India: Minister Goyal
July 22, 2026
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Home World North America USA

India-US trade deal accelerates the growth story of India, Protects the interests of farmers: Minister Piyush Goyal

Union Commerce and Industry Minister Piyush Goyal hailed the India-US trade deal as a new chapter in heralding the bilateral partnership. He also asserted that the deal aligns with securing the national interest especially for the agriculture, dairy and textile domain and will help to advance India's growth story. The Minister also slammed the opposition for disrupting the decorum of the Parliament and not providing an opportunity to discuss the trade deal on the floor of the house

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Feb 3, 2026, 06:30 pm IST
in USA, Bharat, World, India, Economy
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Union Minister of Commerce and Industry, Piyush Goyal, addresses a press conference on the India-US trade agreement, in New Delhi on Tuesday.

Union Minister of Commerce and Industry, Piyush Goyal, addresses a press conference on the India-US trade agreement, in New Delhi on Tuesday.

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New Delhi: Commerce and Industry Minister Piyush Goyal on February 3, Tuesday said that the India-US Trade Agreement brings tremendous opportunity to the people of the country and it is the best deal India has received compared to all its neighbours. Addressing a press conference a day after the India-US trade deal was announced, Minister Goyal said primacy has been given to secure the interests of India. “We all know that the Prime Minister, leveraging his friendly relationship and close ties with President Trump, has finalised a trade deal with the United States of America that is the best deal India has received compared to all our neighbours, all the surrounding countries and all the countries that compete with us. This is a great deal for all of us”, the Minister reiterated.

Minister Goyal had said earlier that the India-US trade deal unlocks the power of two large democracies working together for the shared prosperity of their people and the bilateral partnership will co-create technologies and co-develop solutions. He said the trade deal unlocks unprecedented opportunities for farmers, MSMEs, entrepreneurs and skilled workers. The Minister also asserted that the India-US trade deal will indeed protect the interests of India’s agriculture, dairy and textile sector and will infact pool more opportunities for these domain which was hitherto deemed as vulnerale to the Trump tariffs. The trade deal will give momentum to India’s growth story, the Minister added.

माननीय प्रधानमंत्री @NarendraModi जी ने हमेशा agriculture और dairy, इन दोनों सेक्टर्स को संभाला है, उनके हितों को संभाला है और इस क्षेत्र में लोगों को उज्ज्वल भविष्य मिले, उसके लिए लगातार काम किया है।

कभी उनके हितों के साथ समझौता माननीय प्रधानमंत्री जी ने नहीं होने दिया। मुझे… pic.twitter.com/8XxhbuSk4Q

— Piyush Goyal (@PiyushGoyal) February 3, 2026

Piyush Goyal slams opposition for disrupting the Parliament session

Minister Piyush Goyal also said that the government intended to make a statement in the House on the deal but could not do so due to the attitude of Congress and other opposition parties. “Normally, we would have wanted to speak about this in Parliament, but we all witnessed that disgraceful scene. The way the opposition, especially the Congress party under the leadership of Rahul Gandhi and their allies the DMK, TMC and Samajwadi Party, behaved so disgracefully in Parliament today. They even reached the Speaker’s chair and insulted him. I strongly condemn the opposition and Rahul Gandhi, because of whom we have come here today to give you this information instead of speaking in Parliament”, he said.

हम #IndiaUSTradeDeal को लेकर पार्लियामेंट में बोलना चाहते थे, लेकिन हम सबने वो भद्दा दृश्य देखा, जिस प्रकार से विपक्ष विशेषकर राहुल गांधी जी के नेतृत्व में कांग्रेस पार्टी और उनके मित्र पक्ष DMK, तृणमूल कांग्रेस, समाजवादी पार्टी ने बेहद भद्दा व्यवहार पार्लियामेंट में किया, माननीय… pic.twitter.com/d3oeGkLOoW

— Piyush Goyal (@PiyushGoyal) February 3, 2026

Earlier, In a post on the X social media platform, , Goyal also said that the trade deal will help India get technology from the United States and accelerate India’s journey towards Viksit Bharat 2047. He lauded Prime Minister Narendra Modi and the US President Donald Trump for the trade deal. “Congratulations to Prime Minister NarendraModi and President DonaldTrump as well as to the people of India and the United States, on the landmark trade agreement. This reflects the power of two like-minded, fair-trading democracies working together for shared prosperity”, he said.

“Grateful for PM Narendra Modi and President Donald Trump visionary and decisive leadership and strong commitment to strengthening India-U.S. ties”, he added. He said the trade deal also opens opportunities for Make in India for the world, design in India for the world and innovate in India for the world”. This unlocks the power of two large democracies working together for the shared prosperity of their people. Both India and US are natural allies and our partnership will co-create technologies, co-develop solutions and work together for peace, growth and a brighter future for India and US”, Goyal said.

Congratulations to Prime Minister @NarendraModi ji and President @RealDonaldTrump, as well as to the people of India and the United States, on the landmark trade agreement. This reflects the power of two like-minded, fair-trading democracies working together for shared…

— Piyush Goyal (@PiyushGoyal) February 2, 2026

“It will help India get technology from the US. It is not just a trade deal – it is a historic turning point that will reshape India-U.S. relations and accelerate our journey towards Viksit Bharat 2047”, the Minister exclaimed. The trade deal with the United States comes just a week after India signed a landmark agreement with the European Union. PM Modi spoke with the US President Donald Trump. He said that it was wonderful to speak with his “dear friend President Trump” today and expressed delight that Made in India products will now have a reduced tariff of 18 per cent.

“Wonderful to speak with my dear friend President Trump today. Delighted that Made in India products will now have a reduced tariff of 18 per cent. Big thanks to President Trump on behalf of the 1.4 billion people of India for this wonderful announcement”, PM Modi said in a post on X. The Prime Minister said that when two large economies and the world’s largest democracies work together, it benefits our people and unlocks immense opportunities for mutually beneficial cooperation. “President Trump’s leadership is vital for global peace, stability and prosperity. India fully supports his efforts for peace. I look forward to working closely with him to take our partnership to unprecedented heights”, PM Modi said.

(With Inputs from ANI)

Topics: IndiaPrime Minister Narendra ModiUSAUS President Donald TrumpUnion Commerce and Industry Minister Piyush GoyalTrade Deal
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