India to work with BRICS partners to expand opportunities for women-led enterprises in global trade: Piyush Goyal

Source: Dainik Navajyoti | Original Published At: 2026-09-10 12:36:38 UTC

Key Points

• Piyush Goyal addressed the BRICS WBA women-led development conference in New Delhi and called for joint BRICS action to expand international trade opportunities for women entrepreneurs and women-led enterprises.
• He identified three key barriers for entrepreneurs entering global trade: access to credit, access to buyers and markets, and clear trade rules that support open and predictable commerce.
• Goyal said India would share its experience on women's financial inclusion, including opening bank accounts, guarantee-free credit, self-help groups, the Lakhpati Didi scheme, and GeM procurement support, with the BRICS Women Business Alliance and wider BRICS trade activities.
• He referenced the Jaipur BRICS trade ministers' meeting, including agreement on voluntary principles for assessing small exporters and consensus on exploring a common BRICS platform to improve market access and visibility of trade documents.
• Goyal proposed BRICS-level measures such as including women exporters' needs in invoice discounting platform studies, operationalizing the proposed Women Progress Fund, organizing sector-specific women-led trade delegations, and increasing participation in BRICS exhibitions, fairs and buyer-seller meetings.
• He emphasized strengthening the WTO-based multilateral trading system and developing shared BRICS platforms for electronic trade documents, including e-invoices, electronic bills of lading and e-customs declarations.
• Goyal said India's goal of becoming a $30 trillion economy by 2047 is supported by women-led development, while noting India's recent export growth and quarterly GDP growth.