Ministry of Commerce and Industry (India)

The Ministry of Commerce and Industry is a ministry of the Government of India responsible for facilitating trade, regulating markets, promoting economic growth through industry development, setting trade policies, overseeing compliance with regulations, fostering relationships with businesses, and advocating for industry needs within a government framework; essentially managing the flow of goods and services between producers and consumers both domestically and internationally.

The ministry was re-created on 13 October 1999 under Prime Minister Atal Bihari Vajpayee as a result of the merger of the two independent ministries, the Ministry of Commerce and the Ministry of Industry. Both the independent ministries had existed since independence and had undergone significant changes over time. The ministry is administered through two departments, the Department of Commerce and the Department for Promotion of Industry and Internal Trade.

The ministry is usually headed by a minister of cabinet rank and occasionally by a minister of state (independent charge). The current minister is Piyush Goyal who has been in office since 31 May 2019.