India will soon be a $ 30 trillion economy: Piyush Goyal
New Delhi, Jr. New Delhi: India now wants to conquer the world market in all sectors and the country will soon become a $ 30 trillion economy from the current level of $ 3 trillion, Union Minister Piyush Goyal said.
The domestic textile industry has huge potential to create jobs in the coming years. “The Center is actively working with various countries to finalize the free trade agreement,” Minister of Textiles and Commerce and Industry Piyush Goyal said.
Speaking at the event in Coimbatore, Goyal said, “The center is promoting the cotton and man-made textile industry, which will gain a greater share of the world market, thereby increasing employment and investment.”
Free Trade Agreement Final
We want to be a global industry in all areas. We want to conquer the world market. Under the guidance of Prime Ministers, the Center is actively working with various countries to finalize the Free Trade Agreement. He added that India is gaining global respect today due to the Prime Minister’s good relations with world leaders, giving him zero tariff access to the textile sector in the world market. The inauguration of SIMA Texare 2022 in Coimbatore promotes the cotton and man-made textile industry. He emphasized that the market will thereby increase employment and investment.
$ 440 billion worth of exports
Tamil Nadu will be the largest hub in the world for textile, pumps, wet grinders and manufacturing of critical components. Promotes economic growth of the nation. Goyal recalled the various policy initiatives undertaken by the government and the hard work put in by the industry to achieve $ 440 billion worth of exports.
Solving all structural problems
The country will soon reach a level of 30 trillion with a level of 3 trillion. The government is effectively addressing all structural issues, including tax barriers, taxation issues, global competitiveness, and so on. All stakeholders in the value chain must strive to work hard together. It should be the largest productive country in the world. He invited all young men and women entrepreneurs to come forward to invest and contribute to the growth of the nation.
Manufacture of defense related products
Sharing the plans of making uniforms for defense personnel in India, we decided to support the Citra (Advanced Tool Kits for Rural Artisans). This is why they can produce more defense-related products that help our warriors on the border. Uniforms are made in India rather than imported. Some products require some clinical trials. I have agreed to support this under the National Technical Textile Mission. He said he would submit a proposal soon.
