Will be easy to purchase goods valued much more than $500 billion from U.S.: Goyal

Will be easy to purchase goods valued much more than $500 billion from U.S.: Goyal

“We are even today importing 300 billion dollars of goods that can be imported from the U.S. We are importing from all over the world. That is going to grow up to two trillion in the next five years,” Piyush Goyal said

Decoding the $500 Billion Question: Piyush Goyal on the India-US Trade “Reset” - Business League

On February 8, 2026, Union Commerce Minister Piyush Goyal addressed the swirling speculation surrounding India’s commitment to purchase $500 billion worth of American products over the next five years. Speaking from New Delhi, Goyal clarified that this figure represents a “commercial intent” driven by India’s own developmental needs rather than a legally binding mandate. “We don’t have to; we intend to,” Goyal emphasized, noting that as India’s …

500 billion dollar trade possible with US: Union Minister Piyush Goyal. - Tamil News | Online Tamilnadu News | Tamil Cinema News | Chennai News | Chennai Power shutdown Today

Commerce Minister Piyush Goyal on Sunday said India will have no problem in purchasing goods worth USD 500 billion from the US over the next five years, terming it a very conservative number, given that India’s growing economy will generate a demand of about USD 2 trillion. At present, he said, India could source imports worth about USD 300 billion… Continue reading "500 billion dollar trade possible with US: Union Minister Piyush Goyal."