Goyal urges Steel Industry to leverage India Australia ECTA Agreement

24 Nov 2022 CW Team

Piyush Goyal, Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution, and Textiles, has urged the steel industry to make the most of the India-Australia Economic Cooperation and Trade Agreement (ECTA) Agreement and look for new opportunities in Australia.

Goyal informed the audience that the Australian Parliament had approved the India-Australia Economic Cooperation and Trade Agreement (ECTA). He described it as a remarkable achievement, emphasising that India is engaging with the world's developed nations from a position of strength. He added that developed countries recognise that the Indian economy will drive global growth. He emphasised that following the agreement with Australia, all of our steel exports to Australia will be duty free.

He urged industry to make the most of the Agreement and to look for new opportunities in Australia. He stated that these trade agreements with developed countries will create new opportunities for our youth and businesses in a variety of sectors.

Resources

13 May 2026

Anant Raj Appoints Anish Sarin as Director

Anant Raj has appointed Anish Sarin as Director on its Board, marking a key step in the company’s leadership transition and long-term growth strategy. The announcement was made during the company’s Q4 and FY26 results declaration, reflecting the induction of next-generation leadership as the company expands across real estate, cloud infrastructure and data centre businesses. Anish Sarin, grandson of veteran industrialist Ashok Sarin, represents the emerging leadership at Anant Raj. Educated at Regent’s University London, he brings a global business outlook along with a strong focus on t..

Vedanta eyes AI-led value growth

Vedanta Group expects to unlock USD 300–400 million in additional value over the next three years through large-scale deployment of AI-led industrial technologies across its businesses. The group said its V-Spark DeepTech Ventures platform has already delivered nearly four times return on investment since inception.Vedanta is scaling AI, predictive analytics, Industrial Internet of Things, digital twins, machine learning, automation and connected manufacturing technologies across its metals, mining, energy and industrial operations. These deployments are aimed at improving productivity, lowe..

Hindustan Zinc inks pact with Group Nirmal

Hindustan Zinc has signed an MoU with Group Nirmal to set up a zinc wire manufacturing facility at its Zinc Industrial Park in Khankhala, Bhilwara district, Rajasthan. The partnership will expand downstream manufacturing activity and support value-added zinc applications in India.Under the agreement, Group Nirmal will manufacture zinc wire products using Hindustan Zinc’s Special High Grade zinc. The products will cater to infrastructure, renewable energy, automotive and industrial engineering sectors.Zinc wire is used in thermal spray coating and metallising processes to protect steel struct..