banner

A new way of investing

MARKETS

Diversification of exports and consolidating current areas of strength is necessary for our economy to grow: Piyush Goyal
(13:36, 29 May 2020)

back

Piyush-Goyal,-Union-Minister-for-Commerce-&-Industry-and-Railways,-said-that-the-future-of-growth-lay-with-industry-and-the-private-sector,-with-the-government-having-a-lesser-role-to-play.-The-Minister-identified-three-important-methods-to-increase-India's-exports;-reviving-manufacturing,-diversifying-the-exports-basket,-and-finding-newer-and-more-accepting-markets.-He-emphasised-that-the-diversification-of-exports,-in-addition-to-consolidating-current-areas-of-strength-is-necessary-for-our-economy-to-grow.-He-stated-that-India-has-a-huge-opportunity-to-promote-indigenous-production-in-auto-component-sector,-furniture,-air-conditioners,-and-others.-MeitY-is-promoting-electronics-production,-in-pharma-we-are-encouraging-API-manufacturing.-Similarly,-in-the-agri-export-sector-the-opportunity-is-huge,-he-mentioned.

Powered-by-Capital-Market---Live-News

Piyush-Goyal,-Union-Minister-for-Commerce-&-Industry-and-Railways,-said-that-the-future-of-growth-lay-with-industry-and-the-private-sector,-with-the-government-having-a-lesser-role-to-play.-The-Minister-identified-three-important-methods-to-increase-India's-exports;-reviving-manufacturing,-diversifying-the-exports-basket,-and-finding-newer-and-more-accepting-markets.-He-emphasised-that-the-diversification-of-exports,-in-addition-to-consolidating-current-areas-of-strength-is-necessary-for-our-economy-to-grow.-He-stated-that-India-has-a-huge-opportunity-to-promote-indigenous-production-in-auto-component-sector,-furniture,-air-conditioners,-and-others.-MeitY-is-promoting-electronics-production,-in-pharma-we-are-encouraging-API-manufacturing.-Similarly,-in-the-agri-export-sector-the-opportunity-is-huge,-he-mentioned.

Powered-by-Capital-Market---Live-News