ENA Global 2025-06-20 14:37:31 <p><span style="font-size:14px"><strong>New Delhi, Jun 20 (KNN)</strong> Union Commerce and Industry Minister Piyush Goyal highlighted Indias evolving global economic vision at the India Global Forum (IGF) 2025 in London, marking a pivotal moment in India UK relations following the signing of the Free Trade Agreement (FTA) in May 2025.</span></p> <p><span style="font-size:14px">Delivering the keynote address at the IGF Mainstage Plenary Session titled From Agreement to Action: The UK India FTA, Minister Goyal reaffirmed Indias commitment to transforming the FTA from a policy framework into a dynamic, future-oriented economic partnership.</span></p> <p><span style="font-size:14px">He was joined by UK Secretary, State for Business and Trade, Jonathan Reynolds, in a dialogue moderated by international journalist Mark Barton.</span></p> <p><span style="font-size:14px">Describing the FTA as a milestone in bilateral relations, the Minister said it reflects the shared aspirations of two robust democracies and India's growing stature as a balanced and forward-looking trade negotiator. </span></p> <p><span style="font-size:14px">He outlined key areas for implementation, including enhanced governance frameworks, early-stage benefits for MSMEs and startups, and streamlined mobility for skilled professionals across sectors.</span></p> <p><span style="font-size:14px">On June 19, Minister Goyal also participated in a dedicated session on UK India Science, Technology and Innovation Collaboration at the Science Museum in London. </span></p> <p><span style="font-size:14px">The session focused on leveraging the FTA to deepen technological cooperation across emerging sectors such as digital public infrastructure, sustainable manufacturing, fintech, artificial intelligence, and the creative economy.</span></p> <p><span style="font-size:14px">The Minister highlighted Indias expanding initiatives under Make in India and the Production Linked Incentive (PLI) schemes as central to making India a global manufacturing hub. </span></p> <p><span style="font-size:14px">Discussions also explored scaling successful Indian innovations like UPI and CoWIN to global markets through bilateral platforms.</span></p> <p><span style="font-size:14px">Further, the dialogue underscored the FTAs potential to catalyse collaboration in critical technologies, defence production, and advanced manufacturing&mdash;underscoring the strategic alignment between the two nations.</span></p> <p><span style="font-size:14px">By leveraging the new FTA, both countries aim to unlock expansive opportunities across trade, services, innovation, and technology for mutual growth and prosperity.</span></p> <p><em><strong><span style="font-size:14px">(KNN Bureau)</span></strong></em></p> 42527 https://knnindia.co.in/news/newsdetails/global/at-igf-2025-in-london-piyush-goyal-outlines-indias-strategic-economic-vision 2025-06-20 14:37:31 knnindia.co.in