City
Epaper

Explore new markets for success, Goyal to exporters

By IANS | Updated: May 28, 2020 19:25 IST

Union Minister Piyush Goyal on Thursday called upon the country's exporters to be more competitive, provide quality products and ...

Open in App

Union Minister Piyush Goyal on Thursday called upon the country's exporters to be more competitive, provide quality products and explore new markets.

Attending a 'Digital Summit on Exports' organized by the Confederation of Indian Industry (CII), the Union Minister for Commerce & Industry and Railways said the future of growth lay with industry and the private sector, with the government having a lesser role to play.

Besides, the minister identified three important ways to increase India's exports such as 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.

According to the minister, India has a huge opportunity to promote indigenous production in auto component sector, furniture, air conditioners, and others.

Furthermore, he said the 'AatmaNirbhar Bharat' programme is not just about greater self-reliance, but also engaging with the world from a position of strength.

The minister said that India should be seen as a dependable partner and reliable friend in the world market, particularly when the global supply chains are undergoing a rejig.

He also assured the exporting community that the government, whether the union or states, are there to provide full support and are willing to work in partnership.

( With inputs from IANS )

Tags: Piyush GoyalCIIConfederation Of Indian IndustryVed prakashConfederation of india industryShri piyush goyal
Open in App

Related Stories

NationalTahawwur Rana Extradition: “26/11 Mumbai Attack Accused Will Finally Be Punished In India As Per Our laws,” Says Piyush Goyal (Watch Video)

NationalPiyush Goyal Predicts BJP Victory in Kerala: ‘Lotus Will Bloom with Thumping Majority’

NationalUnion Budget 2025 Expectations: Will Income Tax Exemption and Fuel Price Reductions Ease Burden on Common Man?

NashikPiyush Goyal to Visit Nashik Amidst Onion Farmers' Demand for Removal of 20% Export Duty

MaharashtraPiyush Goyal Hails Mahayuti's Maharashtra Election Victory as Boost to PM Modi's Vision for Developed India 2047

Business Realted Stories

BusinessPM GatiShakti National Master Plan has evaluated 293 infrastructure projects worth Rs 13.59 lakh crore

BusinessAnil Ambani leaves ED headquarters after 9-hour grilling, to be called again

BusinessRBI has set up 2,421 centres for financial literacy to cover rural areas: Minister

BusinessMyth vs reality: India is not a 'tariff king' at all as labelled by Trump

BusinessBritannia’s Q1 net profit falls nearly 7 pc sequentially, margins hit multi-quarter low