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Piyush Goyal says traders, exporters twin powerhouses of economy

We are fast progressing on our discussions on FTAs with several countries like UK, UAE , GCC countries, Australia and European Union," said Piyush Goyal. He also lauds the role of wealth creators of the country who helped in realising the PM's Vision of transforming India.

Piyush Goel
Piyush Goel
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Published : Aug 28, 2021, 7:01 PM IST

New Delhi: "We are fast progressing on our discussions on FTAs with several countries like UK, UAE , GCC countries, Australia and European Union," said Piyush Goyal, Union Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles while addressing business and trade fraternity through the platform of Jain International Trade Organisation (JITO) on Saturday. He said that India and US have agreed to aspire for $500 bn trade in near future. He also said that traders and exporters are the twin pistons powering the economic growth engine of the nation. "New India will be built on mantra of ‘Sabka Saath, Sabka Vikas, Sabka Vishwas & Sabka Prayas’" he added.

“Government is working towards making India Aatmanirbhar and Aatmanirbhar Bharat is about building capacity and confidence to engage with all. This will empower our industry to interact with all with quality, cost competitiveness & innovation” said Goyal. The Minister said that as policymakers, we firmly believe in the capabilities of the business community as well as start-ups which can make India the top economy globally in the next 25 to 30 years.

Goyal lauded the role of all wealth creators of the country. He said, you are the people who help the government to take several social welfare initiatives to the poorest of the poor. He said through a series of programmes, Prime Minister Narendra Modi has transformed the lives of underprivileged, women and children of this country. The business community has helped realise the PM’s Vision.

Read: Piyush Goyal terms AVGC as 'torchbearer' of Brand India

The Minister said that the synergy between the government and the private sector has injected confidence in people. What India can provide the world, no other country can. A partnership between the people, the private sector and the govt is transforming the lives of 130 crore Indians. “Be it Ease of Doing Business or Ease of Living, Be it Transparency or Transfer of Benefits. Today, a robust foundation laid in last seven years, inspires us to dream big & write our own destiny”.

Piyush also said that every growth parameter is showing extremely exciting future for all of us. Whether it is FDI, forex reserves, foodgrain reserves, agriculture production, manufacturing, all sectors are on a growth path. We now need to sprint ahead. He said that under the decisive leadership of Prime Minister Narendra Modi, we have aimed to transform India in every field.

The Minister said that we are fast progressing on our discussions on FTAs with several countries like UK, UAE and GCC countries, Australia and European Union. He said that India and US have agreed to aspire for $500 bn trade in near future. He said world is looking for a trusted partner and that partner is India's business community.

Read: Piyush Goyal seeks measures from industrialists to boost exports

It may be noted that recently, India emerged as the world’s 2nd most desirable manufacturing destination overtaking US. This shows the potential & promise of India to become the “Manufacturing hub” of world. He added that along with that, we should also become a “Trading hub” i.e. The place where world comes to Shop.

Goyal said that India’s rise to the top will be backed by trust, tenacity & talent of our traders. He said today, India is ready to sprint ahead with stability, productivity, resilience, innovation, nationalistic spirit & talent.

The Minister said that he was happy to note that JITO is organising a 12-day long virtual expo connecting 1000s of businesses and entrepreneurs together to learn, earn and grow

New Delhi: "We are fast progressing on our discussions on FTAs with several countries like UK, UAE , GCC countries, Australia and European Union," said Piyush Goyal, Union Minister of Commerce & Industry, Consumer Affairs & Food & Public Distribution and Textiles while addressing business and trade fraternity through the platform of Jain International Trade Organisation (JITO) on Saturday. He said that India and US have agreed to aspire for $500 bn trade in near future. He also said that traders and exporters are the twin pistons powering the economic growth engine of the nation. "New India will be built on mantra of ‘Sabka Saath, Sabka Vikas, Sabka Vishwas & Sabka Prayas’" he added.

“Government is working towards making India Aatmanirbhar and Aatmanirbhar Bharat is about building capacity and confidence to engage with all. This will empower our industry to interact with all with quality, cost competitiveness & innovation” said Goyal. The Minister said that as policymakers, we firmly believe in the capabilities of the business community as well as start-ups which can make India the top economy globally in the next 25 to 30 years.

Goyal lauded the role of all wealth creators of the country. He said, you are the people who help the government to take several social welfare initiatives to the poorest of the poor. He said through a series of programmes, Prime Minister Narendra Modi has transformed the lives of underprivileged, women and children of this country. The business community has helped realise the PM’s Vision.

Read: Piyush Goyal terms AVGC as 'torchbearer' of Brand India

The Minister said that the synergy between the government and the private sector has injected confidence in people. What India can provide the world, no other country can. A partnership between the people, the private sector and the govt is transforming the lives of 130 crore Indians. “Be it Ease of Doing Business or Ease of Living, Be it Transparency or Transfer of Benefits. Today, a robust foundation laid in last seven years, inspires us to dream big & write our own destiny”.

Piyush also said that every growth parameter is showing extremely exciting future for all of us. Whether it is FDI, forex reserves, foodgrain reserves, agriculture production, manufacturing, all sectors are on a growth path. We now need to sprint ahead. He said that under the decisive leadership of Prime Minister Narendra Modi, we have aimed to transform India in every field.

The Minister said that we are fast progressing on our discussions on FTAs with several countries like UK, UAE and GCC countries, Australia and European Union. He said that India and US have agreed to aspire for $500 bn trade in near future. He said world is looking for a trusted partner and that partner is India's business community.

Read: Piyush Goyal seeks measures from industrialists to boost exports

It may be noted that recently, India emerged as the world’s 2nd most desirable manufacturing destination overtaking US. This shows the potential & promise of India to become the “Manufacturing hub” of world. He added that along with that, we should also become a “Trading hub” i.e. The place where world comes to Shop.

Goyal said that India’s rise to the top will be backed by trust, tenacity & talent of our traders. He said today, India is ready to sprint ahead with stability, productivity, resilience, innovation, nationalistic spirit & talent.

The Minister said that he was happy to note that JITO is organising a 12-day long virtual expo connecting 1000s of businesses and entrepreneurs together to learn, earn and grow

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