Ministry of Commerce & Industry press release · 17 April 2026 · pibtracker filter

India–Austria Joint Economic Commission Advances Trade and Investment Cooperation

PRID2253131 MinistryMinistry of Commerce & Industry Released17 April 2026 Reading7 min

Union Minister Shri Piyush Goyal Emphasises Strengthening Trade, Investment and Innovation Ties with Austria Posted On: 17 APR 2026 8:06PM by PIB Delhi The 17th Session of the India–Austria Joint Economic Commission (IAJEC) was held in New Delhi. Union Minister of Commerce and Industry, Shri Piyush Goyal, highlighted the strategic importance of the engagement and emphasised India’s commitment to strengthening economic partnerships that translate into tangible outcomes across trade, investment and innovation. The IAJEC was co-chaired by Joint Secretary, Department of Commerce, Ministry of Commerce and Industry, Government of India, Shri Saket Kumar, and Director General, Federal Ministry of Economy, Energy and Tourism of the Republic of Austria, Mr. Florian Frauscher. The meeting served as an important platform to review the current status of bilateral economic relations, enhance cooperation across priority sectors and outline a forward-looking roadmap for strengthening trade and investment ties between the two countries. The discussions included a comprehensive assessment of bilateral trade and investment relations. Both sides explored opportunities for cooperation across a range of sectors including infrastructure (automotive, railways and road transport), scientific research and innovation, dual vocational training, skills development and recognition of vocational qualifications, startups (Global Innovation Network), AYUSH and wellness, tourism, semiconductors, critical minerals, digitalisation and artificial intelligence, film funding and other trade and business-related areas. Both sides also welcomed the conclusion of negotiations for the India–European Union Free Trade Agreement (FTA). The IAJEC reaffirmed India’s commitment to strengthening a future-oriented economic partnership with Austria, based on mutual trust and shared values, while creating new avenues for deeper engagement with Europe. *** Abhishek Dayal/Anushka Pandey (Release ID: 2253131) Visitor Counter : 804 Read this release in: Urdu , हिन्दी Ministry of Commerce & Industry India–Austria Joint Economic Commission Advances Trade and Investment Cooperation Union Minister Shri Piyush Goyal Emphasises Strengthening Trade, Investment and Innovation Ties with Austria Posted On: 17 APR 2026 8:06PM by PIB Delhi The 17th Session of the India–Austria Joint Economic Commission (IAJEC) was held in New Delhi. Union Minister of Commerce and Industry, Shri Piyush Goyal, highlighted the strategic importance of the engagement and emphasised India’s commitment to strengthening economic partnerships that translate into tangible outcomes across trade, investment and innovation. The IAJEC was co-chaired by Joint Secretary, Department of Commerce, Ministry of Commerce and Industry, Government of India, Shri Saket Kumar, and Director General, Federal Ministry of Economy, Energy and Tourism of the Republic of Austria, Mr. Florian Frauscher. The meeting served as an important platform to review the current status of bilateral economic relations, enhance cooperation across priority sectors and outline a forward-looking roadmap for strengthening trade and investment ties between the two countries. The discussions included a comprehensive assessment of bilateral trade and investment relations. Both sides explored opportunities for cooperation across a range of sectors including infrastructure (automotive, railways and road transport), scientific research and innovation, dual vocational training, skills development and recognition of vocational qualifications, startups (Global Innovation Network), AYUSH and wellness, tourism, semiconductors, critical minerals, digitalisation and artificial intelligence, film funding and other trade and business-related areas. Both sides also welcomed the conclusion of negotiations for the India–European Union Free Trade Agreement (FTA). The IAJEC reaffirmed India’s commitment to strengthening a future-oriented economic partnership with Austria, based on mutual trust and shared values, while creating new avenues for deeper engagement with Europe. *** Abhishek Dayal/Anushka Pandey (Release ID: 2253131) Union Minister Shri Piyush Goyal Emphasises Strengthening Trade, Investment and Innovation Ties with Austria" /> The 17th Session of the India–Austria Joint Economic Commission (IAJEC) was held in New Delhi. Union Minister of Commerce and Industry, Shri Piyush Goyal, highlighted the strategic importance of the engagement and emphasised India’s commitment to strengthening economic partnerships that translate into tangible outcomes across trade, investment and innovation. The IAJEC was co-chaired by Joint Secretary, Department of Commerce, Ministry of Commerce and Industry, Government of India, Shri Saket Kumar, and Director General, Federal Ministry of Economy, Energy and Tourism of the Republic of Austria, Mr. Florian Frauscher. The meeting served as an important platform to review the current status of bilateral economic relations, enhance cooperation across priority sectors and outline a forward-looking roadmap for strengthening trade and investment ties between the two countries. The discussions included a comprehensive assessment of bilateral trade and investment relations. Both sides explored opportunities for cooperation across a range of sectors including infrastructure (automotive, railways and road transport), scientific research and innovation, dual vocational training, skills development and recognition of vocational qualifications, startups (Global Innovation Network), AYUSH and wellness, tourism, semiconductors, critical minerals, digitalisation and artificial intelligence, film funding and other trade and business-related areas. Both sides also welcomed the conclusion of negotiations for the India–European Union Free Trade Agreement (FTA). The IAJEC reaffirmed India’s commitment to strengthening a future-oriented economic partnership with Austria, based on mutual trust and shared values, while creating new avenues for deeper engagement with Europe. *** Abhishek Dayal/Anushka Pandey " /> var mPlayer = document.getElementById("background_music"); var mPlayAction = document.getElementById("playbutton"); var isPlaying = false; function playAudio() { mPlayer.play(); isPlaying = true; document.getElementById('stopA').style.display = "block"; document.getElementById('playA').style.display = "none"; } function pauseAudio() { mPlayer.pause(); isPlaying = false; document.getElementById('playA').style.display = "block"; document.getElementById('stopA').style.display = "none"; } //function HandleAudio() { // if (isPlaying == true) { // //Playing already Pause it // pauseAudio(); // } else { // //Play the music // playAudio(); // } //} var synth = window.speechSynthesis; function CleanHtml(html) { html = html.replace(/ /gi, ''); return html; } function stripHtml(html) { let tmp = document.createElement("DIV"); tmp.innerHTML = CleanHtml(html); return tmp.textContent || tmp.innerText || ""; } $(document).ready(function () { //for responsive tables $("table").each(function () { if (!$(this).closest(".table-responsive").length) { $(this).wrap(" "); } }); var width = $(window).width(); if (width $(document).ready(function () { var width = $(window).width(); if (width @media print { .sticky-social, .sticky-social_mb, .pull-right, #printPDF { display: none !important; } } .f_vl { padding-right: 30px; font-size: 17px; cursor: pointer; } .log_oo { // width: 20%; display: flex; justify-content: space-between; } .log_oo img { width: 150px; /*width: 100%; height: auto;*/ } .sticky-social_mb { position: fixed; bottom: 0px; padding: 0px; margin: 0px; width: 100%; } .social_mb { list-style: none; display: flex; width: 100%; margin-bottom: -8px; } .social_mb a { padding: 8px 0px; font-size: 30px; transition: all 0.8s ease-in-out; width: 20% !important; text-align: center; } .section1 { position: relative; padding: 10px 0px; width: 100%; } .sticky-social { position: fixed; top: 20px; left: 0px; padding: 0px; margin: 0px; } .social { list-style: none; } .social a li { padding: 8px 12px; font-size: 25px; transition: all 0.8s ease-in-out; } .social a li:hover { margin-right: -30px; box-shadow: 2px 5px 10px grey; } .social a li:hover .fa { margin-left: 20px; } .fb_b { /* background-color: rgb(59, 89, 152);*/ background-color: rgba(65,103,178,255); } .twitter_r { /* background-color: rgb(29, 161, 242);*/ background-color: #000000; } .whatsapp_r { /* background-color: rgb(77, 194, 71);*/ background-color: rgba(13,191,67,255); } .fa-envelope_r { /* background-color: rgb(219, 68, 55);*/ background-color: #e2123d; } .fa-linkedin_r { background-color: rgb(0, 119, 181); } @media only screen and (max-device-width: 767px) { p span img { max-width: 90% !important; height: auto !important; } p img { max-width: 90% !important; height: auto !important; } h2 { font-size: 20px !important; font-weight: 600 !important; } h3 { font-size: 18px !important; font-weight: 600 !important; } } /* === Film Roll Badge Styling(IFFI2025 countdown) === */ .film-roll-badge { position: absolute; top:82%; right: 20px; width: 230px; height: 70px; background: repeating-linear-gradient( to right, #9a2375 0px, #9a2375 18px, #6e2b8b 18px, #6e2b8b 36px ); border-top: 8px solid #9a2375; border-bottom: 8px solid #9a2375; border-radius: 8px; overflow: hidden; box-shadow: 0 4px 12px rgba(0, 0, 0, 0.4); animation: moveFilm 8s linear infinite; z-index: 10; } /* film sprocket holes */ .film-roll-badge::before, .film-roll-badge::after { content: ""; position: absolute; width: 100%; height: 10px; background: repeating-linear-gradient( to right, #9a2375 0px, #9a2375 10px, #fff 10px, #fff 20px ); left: 0; z-index: 2; } .film-roll-badge::before { top: -4px; } .film-roll-badge::after { bottom: -4px; } .film-roll-inner { position: relative; height: 100%; display: flex; align-items: center; justify-content: center; animation: flicker 2s infinite ease-in-out; } .countdown-text { font-size: 1.3rem; font-weight: 700; color: #fff; text-shadow: 0 0 6px rgba(255, 255, 255, 0.4), 0 0 10px #000; white-space: nowrap; } /* === Animations === */ @keyframes moveFilm { 0% { background-position: 0 0; } 100% { background-position: 120px 0; } } @keyframes flicker { 0%, 100% { opacity: 1; } 50% { opacity: 0.9; } 25% { opacity: 0.95; } 75% { opacity: 0.85; } } /* === Responsive Adjustments === */ @media (max-width: 1500px) { .film-roll-badge { top: 68%; right: 18px; /* width: 220px; */ height: 65px; font-size: 0.85rem; } .press-section { margin-top: 35px; } } @media (max-width: 992px) { .film-roll-badge { top: 52%; right: 10px; width: 200px; height: 60px; } } @media (max-width: 768px) { .film-roll-badge { top: 56%; right: 10px; width: 124px; height: 55px; } .countdown-text { font-size: 0.9rem; } } @media (max-width: 576px) { .film-roll-badge { top: 59%; right: 5px; /* width: 160px; */ height: 50px; } .countdown-text { font-size: 0.85rem; } } const festivalStart = new Date("2025-11-20T00:00:00").getTime(); const festivalEnd = new Date("2025-11-28T23:59:59").getTime(); const countdownElement = document.getElementById("countdown"); const interval = setInterval(() => { const now = new Date().getTime(); // BEFORE FESTIVAL — show days + hours left if (now = festivalStart && now el.style.width = "350px"); clearInterval(interval); } }, 1000); //

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India–Austria Joint Economic Commission Advances Trade and Investment Cooperation

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