India is now a part of resilient supply chains amongst trusted partners due to efforts of industry: Piyush Goyal
Admin
Jul 19, 2023 12:13
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Piyush Goyal, appreciated the role of Indian industries and stakeholders in making India a major player in the world economy and a part of resilient supply chains amongst trusted partners. Addressing the 187th Annual General Meeting of Bombay Chamber of Commerce and Industry today, the Minister said that the goal of ‘Aatmanirbhar Bharat’ is not about closing doors but opening India to the world for greater international trade and making it a part of global value chains.
Shri Goyal said that India's competitive and comparative advantages have to be leveraged for integration with the world economy and this is being focussed upon in the ongoing negotiations for Free Trade Agreements. The Minister noted the measures undertaken to attract investment and improve Ease of Doing Business like the Production Linked Incentive schemes, focus on R&D and innovation, effort to decriminalize corporate offences, reduce compliances, focus on logistics, last-mile connectivity, etc.
