New Delhi, Nov. 28 -- Commerce and Industry Minister Piyush Goyal highlighted India's expanding trade engagements and innovation-led growth strategy while addressing the 98th Annual General Meeting of the Federation of Indian Chambers of Commerce and Industry (FICCI) in New Delhi.

He referred to the recent European Free Trade Association (EFTA) agreement, under which the bloc has committed USD 100 billion in investments for innovation and precision manufacturing, noting that the move underscores India's cost competitiveness in research and development.

He added that the recently announced USD 12 billion Research, Development and Innovation (RDI) Fund, along with continued support for startups and deep-tech industries, will further accel...