Ministry of Commerce and Industry

What Ministry of Commerce and Industry does

The Ministry of Commerce and Industry is the Government of India's central department for external trade policy, export promotion, and trade regulation, operating through the Department of Commerce headquartered at Vanijya Bhawan, New Delhi. The Ministry formulates India's foreign trade policy, negotiates free trade agreements, administers export incentive schemes, and oversees trade defence instruments. In 2025-26 it concluded nine FTAs covering 38 countries including the EU, UK, Oman, New Zealand, and the EFTA bloc, with an India-US interim framework targeting $500 billion bilateral trade by 2030. Commerce is Minister-led (Piyush Goyal) with a Minister of State (Jitin Prasada) and a permanent civil service cadre.

The Ministry's operational arm spans 23 Export Promotion Councils, statutory commodity boards (APEDA, MPEDA, Tea Board, Coffee Board, Spices Board, Rubber Board, Tobacco Board), and central agencies including DGFT, ECGC, GeM, and DGCIS. Active policy schemes include PLI schemes across 14 sectors (Rs 2.16 lakh crore investment, 14.39 lakh jobs generated by December 2025), the Export Promotion Mission (Rs 25,060 crore), the BHAVYA Scheme for 100 industrial parks (Rs 33,660 crore), the RELIEF Scheme (Rs 497 crore), and the Districts as Export Hubs initiative across all 36 States/UTs. Digital platforms include the Niryat Portal (Trade Connect), the Trade Intelligence & Analytics (TIA) Portal launched 18 November 2025, and an integrated website and bilingual mobile app launched April 2026 with support for 22 Indian languages.

The Ministry does not generate commercial revenue; it is funded by the Indian exchequer. Its 'customers' are Indian exporters, importers, and MSMEs across all sectors, with MSMEs receiving targeted support through the Export Promotion Mission's interest subvention and collateral guarantee components. The Ministry serves as India's trade negotiating counterparty to foreign governments and multilateral bodies such as the WTO. Exports reached a record USD 860 billion in FY 2025-26, up from USD 825 billion the prior year, with a Commerce Minister-stated target of USD 2 trillion in goods and services within 5-6 years.

Name

Ministry of Commerce and Industry

Legal name

Department of Commerce, Ministry of Commerce and Industry, Government of India

Website

https://commerce.gov.in

Company type

Private

Founded year

1947

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Ministry of Commerce and Industry is the Government of India's central department for foreign trade policy, FTA negotiations, and export promotion, administering PLI schemes across 14 sectors and serving Indian exporters, importers, and MSMEs across 38 FTA partner countries.

Ownership category

akta.pro rank

Product category

Government Trade Administration

NAICS

Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors (926150), Regulation of Agricultural Marketing and Commodities (92614)

akta.pro primary industry

Trade Policy, Agreements & Negotiations (BPADAMAA)

akta.pro secondary industries

Trade, Import/Export Controls & Sanctions Regulators (BPAIAOAO), Trade Facilitation, Customs & Border Regulatory Cooperation (BPADANAG), Digital Trade & E-Commerce Development (BPADAMAL), Trade Compliance Management (Denied Party Screening, Licensing, Restricted Goods) (TLAEAOAB)

Keywords

• International trade policy
• Export promotion
• Free trade agreements
• Trade facilitation
• Foreign trade regulation

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Export Promotion: The Ministry drives export growth through policy interventions, FTAs, and export incentive schemes. India achieved record exports of USD 860 billion in FY 2025-26, up from USD 825 billion previous year.
2. PLI Scheme Administration: Production Linked Incentive (PLI) schemes covering 14 key sectors including electronics, pharmaceuticals, automobiles, and solar modules have attracted investment exceeding Rs 2.16 lakh crore and generated over 14.39 lakh jobs as of December 31, 2025.

Go-to-market motion4 records

Distribution channels5 records

Marketing channels5 records

Core offering

The Ministry of Commerce and Industry, Government of India, formulates and administers India's foreign trade policy, negotiates free trade agreements, and administers export promotion schemes. It operates digital trade facilitation platforms including the Niryat Portal (Trade Connect) and the Trade Intelligence & Analytics (TIA) Portal, and oversees statutory export promotion boards such as APEDA, MPEDA, Tea Board, Coffee Board, Spices Board, and Rubber Board, along with 23 Export Promotion Councils.

Product overview

The Ministry of Commerce and Industry operates a portfolio of digital trade facilitation platforms and export promotion schemes. The core offerings include the Niryat Portal (Trade Connect) for trade information access, the Trade Intelligence & Analytics (TIA) Portal for market opportunity identification, and the Districts as Export Hubs initiative for regional export development. These digital platforms are complemented by policy schemes like the BHAVYA Scheme for industrial park development, the Export Promotion Mission for credit and regulatory support, and the RELIEF Scheme for crisis-affected exporters. The ministry also oversees multiple Export Promotion Councils and boards (APEDA, MPEDA, Tea Board, Coffee Board, Spices Board, Rubber Board) that serve sector-specific export needs.

Differentiator

Problem solved

Functional benefit

Products and services

• Niryat Portal (Trade Connect) An online e-platform providing seamless access to trade-related information and resources for exporters and importers, helping them access trade data and identify market opportunities across sectors.
• Trade Intelligence & Analytics (TIA) Portal A portal launched on 18 November 2025 to provide trade intelligence and analytics, helping exporters access trade data and identify market opportunities across textiles, gems and jewellery, and engineering sectors.
• Districts as Export Hubs (DEH) Initiative Government initiative to boost district-level export competitiveness by constituting State Export Promotion Committees and District Export Promotion Committees across all 36 States and Union Territories of India.
• BHAVYA Scheme A scheme aimed at developing 100 investment-ready industrial parks across India over six years (2026-27 to 2031-32) with a financial outlay of approximately Rs 33,660 crore.
• Export Promotion Mission (EPM) A Rs 25,060 crore export promotion mission with multiple components including credit facilities for e-commerce exporters, export factoring interest subvention, and support for trade regulations compliance.
• RELIEF Scheme A Rs 497 crore relief scheme for exporters affected by West Asia conflict disruptions, providing automatic extension of export obligations, logistical support, and financial measures to offset freight and fuel cost increases.
• Integrated Department of Commerce Website and Mobile App Modern integrated website and bilingual mobile application launched for the Department of Commerce, compliant with Digital Brand Identity Manual 3.0, featuring multilingual support in 22 Indian languages, offline access, GPS-enabled services, and real-time data linkage with government portals.

Quantifiable outcome

• Record exports of USD 860 billion in FY 2025-26
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Ten partnerships are on record, tiered minor and core.

• Spain, Belgium, FinlandminorStrategic or Co-development Partner · 13 July 2026Union Commerce Minister Piyush Goyal leading five-day visit to Spain, Belgium, and Finland (July 13-17) with Indian business delegation from advanced manufacturing, clean energy, digital technologies, gems and jewellery, food processing, healthcare and design sectors.
• GreeceminorStrategic or Co-development Partner · 28 June 2026India and Greece looking to double bilateral trade by 2030. India's exports to Greece valued at $0.19 billion and imports at $170 million in 2024. High-level business delegation led by Piyush Goyal for bilateral talks on infrastructure, digitalisation, defence, food, agriculture, and advanced manufacturing.
• UAEcoreStrategic or Co-development Partner · 28 April 2026India-UAE Comprehensive Economic Partnership Agreement (CEPA) in effect. APEDA leading India's participation as Partner Country at Gulfood 2026 in Dubai, aligned with CEPA provisions.
• New ZealandcoreStrategic or Co-development Partner · 27 April 2026India and New Zealand signed FTA expected to attract up to $20 billion in investments over 15 years. FTA grants Indian exporters 100% duty-free access to New Zealand across all 8,284 tariff lines with target to double bilateral trade to approximately $5 billion within five years.
• KenyaminorStrategic or Co-development Partner · 27 April 202610th session of India-Kenya Joint Trade Committee held April 27-28 in Nairobi. Bilateral trade reached $4.31 billion in 2025-26, marking 24.91% increase from $3.45 billion in 2024-25.
• South Korea and AustriaminorStrategic or Co-development Partner · 17 April 2026Commerce Minister Piyush Goyal held meetings with South Korean Trade Minister Yeo Han-koo and Austrian Chancellor Christian Stocker. Signed FAST-TRACK Mechanism for accelerated business resolutions and concluded 15 outcomes covering defence, technology, trade, innovation, and skills development.
• United States Trade Representative (USTR)coreStrategic or Co-development Partner · 7 February 2026India and US unveiled a framework for an Interim Trade Agreement focused on reciprocal tariff reductions (to 18%) and preferential market access. India will eliminate/reduce tariffs on US industrial goods and agricultural products, while committing to procure $500 billion of US goods over five years. Negotiations ongoing for broader Bilateral Trade Agreement targeting $500 billion bilateral trade by 2030.
• European UnioncoreStrategic or Co-development Partner · 27 January 2026India and EU concluded their Free Trade Agreement on January 27, 2026. About 93% of Indian shipments will gain duty-free access to EU market. Together they account for 25% of global GDP and $11 trillion in international trade. Implementation expected by February-March 2027.
• OmancoreStrategic or Co-development Partner · 18 December 2025India-Oman Comprehensive Economic Partnership Agreement (CEPA) signed in Muscat in December 2025, providing duty-free access to 98% of India's exports including textiles, agri and leather goods. Bilateral trade stood at approximately $10.5 billion in 2024-25.
• United KingdomcoreStrategic or Co-development Partner · 24 July 2025India-UK Comprehensive Economic and Trade Agreement (CETA) signed on July 24, 2025, providing duty-free access to approximately 99% of Indian exports in British market. Both governments aim to more than double annual bilateral trade to around USD 112 billion by 2030.

Scale indicators7 records

Recent moves6 records

Expansion highlights7 records

Regional players

• Singapore Ministry of Trade and Industry: Singapore's lead ministry for trade and industry policy, including FTA management and export competitiveness. Comparable as a regional trade hub engaging ASEAN partners with similar policy functions.
• UAE Ministry of Economy: UAE's ministry overseeing trade policy, foreign investment, and commercial regulation. Comparable as the partner side of the India-UAE CEPA and a regional trade negotiation counterpart.

Direct peers

• Japan Ministry of Economy, Trade and Industry (METI): Japan's ministry overseeing industrial policy, trade, and international economic cooperation. Comparable in balancing export promotion with industrial policy levers similar to India's PLI approach.
• Ministry of Commerce of the People's Republic of China (MOFCOM): China's national ministry for commerce, foreign trade, and investment, overseeing FTA negotiations, export promotion, and trade remedy investigations. The closest functional analog to India's ministry among large emerging economies.
• South Korea Ministry of Trade, Industry and Energy (MOTIE): South Korea's trade and industry ministry responsible for FTA negotiations, export support, and industrial competitiveness. Comparable as a recently engaged bilateral partner and a leading export-promotion model.
• European Commission - DG Trade: The EU's lead trade policy body negotiating and enforcing trade agreements on behalf of member states. Directly comparable given the EU's role as India's largest FTA partner and shared focus on multilateral trade negotiations.
• UK Department for Business and Trade: UK ministerial department responsible for trade negotiations, export promotion, and investment policy. Directly comparable as the counterpart that negotiated the India-UK CETA agreement.
• U.S. Department of Commerce: The U.S. federal executive department responsible for promoting U.S. economic growth, trade, and technology, with parallel mandates around FTA negotiations, export promotion, and trade enforcement. Directly comparable as a national trade policy ministry.
• Germany Federal Ministry for Economic Affairs and Climate Action (BMWK): Germany's federal ministry for economic and trade policy, including export promotion and FTA advocacy. Comparable as a major European counterpart for India's trade engagement strategy.

Others

• World Trade Organization (WTO): Multilateral trade body where India participates in ministerial conferences and rules-based trade negotiations. Comparable as the multilateral forum India engages for trade policy and dispute resolution, including the recent MC14 leadership role.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/DoC_GoI
• YouTubeyoutube.com/@DoC_GoI
• Facebookfacebook.com/DeptofCommerceIndia
• LinkedInlinkedin.com/company/india-deptofcommerce
• Instagraminstagram.com/india_deptofcommerce

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries12 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Ministry of Commerce and Industry