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Huge opportunities in global services sector: Commerce Minister
Nov-19-2025

Launching the Trade Intelligence & Analytics (TIA) Portal, Union Minister of Commerce and Industry, Piyush Goyal has said that there are huge opportunities in the global services sector that will now be accessible to all. He noted that the portal will help exporters better utilise the Free Trade Agreements. 

He also said that the Trade Intelligence Portal will open up new insights for importers, exporters, startups, and MSMEs. He added that smaller businesses, even in the remotest regions, will now have access to data that was previously available only to larger enterprises.

The Minister said that unless exports contribute significantly to foreign exchange reserves, it will be difficult to bring stability to forex rates, and without such stability, India will remain vulnerable to foreign forces. He described the current world tariff situation as a wake-up call and urged that government and the private sector must pool resources at this critical moment to avoid regretting a lost opportunity.

Besides, Goyal said the Ministry of Commerce has put in significant effort to develop this platform. He said the portal has the potential to support trade diversification, expand India’s trade basket to newer areas and newer products, and help recognise lost opportunities.


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