India is back in business: Piyush Goyal
New Delhi: Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles Piyush Goyal on Sunday said India has touched a historical high in exports of goods and services.
Inaugurating the 40th IITF here, he said the world takes India as a trusted global partner in maintaining global supply chains.
Goyal said despite the lockdown India did not default on any service support to the global community. India has been witnessing a historic high of FDIs.
He said the highest ever FDI touched in the first 4 months.
"It's 62 % higher than samw period last year. IITF will show India is back in business," he added.
He said that better infrastructure, demand for good development, diversity in growth will become the pivot of economic resurgence.
Goyal praised the quality of unprecedented infrastructure development in Uttar Pradesh.
Goyal also complimented the state government for its emphasis on export development.Goyal said IITF will push the mission of Aatma Nirbhar Bharat and shall encourage the idea of 'Vocal for Global'.
Goyal said, "We are implementing the largest vaccination drive in the world, having administered more than 110 crore doses."
"500 crore will be produced next year and 5 or 6 vaccines will be made in India including the world's first nasal vaccine and first DNA vaccine," he said.
"India will provide vaccine security and make the world a safer place. India will ensure that every part of the world gets equitable vaccine to get safe," the Minister said.
Goyal said the IITF has returned after a gap of 1 year in its 40th edition with double josh and powered by the double engine of ‘Aatmanirbharta’ & ‘Azadi ka Amrit Mahotsav’.
He commended ITPO for mounting the Trade Fair in a short time and with the largest participation of over 3,000 exhibitors, demonstrating that the world is looking at India as a “Trusted Partner”.
He said more than 750 women/Self Help Group exhibitors demonstrate the potential of Nari Shakti of India.
Goyal said India can become the world’s hub of industry and services.
Indian Industry can soar to new heights on quality, competitiveness and economies of scale.
Goyal said COVID-19 had caused disruption but under the bold and decisive leadership of the Prime Minister Narendra Modi and the collective will of the people, India registered a remarkable rebound.
"India has now become 'the destination' for investments, with its investor friendly," he said.
Goyal said India is learning, applying & marching ahead confidently on a growth path with ‘Vishwas, Saath and Prayas’ of 130 cr citizens.
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