India’s Commerce and Industry Minister Shri Piyush Goyal held talks with Thailand’s Deputy Prime Minister and Commerce Minister Ms. Suphajee Suthumpun on 9 September 2026 at Vanijya Bhawan in New Delhi. The two officials explored ways to strengthen economic ties between the nations, focusing on trade expansion, investment growth and closer business connections.
What was discussed
The ministers explored avenues to deepen the India-Thailand economic relationship. Their conversation centered on three main areas:
- Boosting bilateral trade and investment flows while creating new commercial opportunities for businesses in both countries
- Strengthening trade promotion efforts to build stronger networks between Indian and Thai companies, and to help businesses access new markets
- Progressing the review of the ASEAN-India Trade in Goods Agreement (AITIGA) through the India-Thailand Joint Trade Committee, with emphasis on completing this work within set timelines
Both sides stressed the need for a balanced and mutually beneficial trade framework that would give businesses in each country better market access. The ministers also met with a delegation of Thai entrepreneurs operating in sectors such as space technology, cold-chain logistics, food processing, health and wellness, and investment promotion.
India and Thailand already maintain long-standing civilisational, cultural and strategic ties. The two countries have been working to expand bilateral trade and investment and to strengthen cooperation between their private sectors. Existing institutional channels have identified the need to ease trade, resolve market access problems and link both nations more effectively with regional and global supply chains.
What this means for you
This meeting signals that India is working to make it easier for Indian companies to do business in Thailand and vice versa. If you work in sectors like food, logistics, health products or technology, these talks could eventually open new export or partnership opportunities. Businesses in both countries may find reduced trade barriers and better access to each other’s markets as these agreements progress. The focus on the AITIGA review suggests that trade rules affecting the entire ASEAN region may become clearer and more favourable for Indian traders in coming months.