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Ministry of Commerce & Industry

Union Minister of Commerce and Industry Shri Piyush Goyal Calls for Fair Trading Practices and Taking ‘Make in India’ from Local to Global

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Source-grounded summary

Union Minister Piyush Goyal, speaking at the inaugural Bharatiya Vyapar Mahotsav, urged Indian businesses and citizens to adopt fair trading practices, promote recycling, reuse and a circular economy, and to take ‘Make in India’ products to global markets. He highlighted that nine free‑trade agreements have opened new market opportunities and that India’s economy, currently about $4 trillion, aims for a $30 trillion size by 2047. Exports reportedly reached $863 trillion last year (merchandise $442 trillion, services $421 trillion), a 73 % rise over six years, with a target of $1 trillion this year. He cited initiatives such as Digital India, Startup India and Stand‑Up India as drivers of growth and called for digitisation, good manufacturing practices and sustainability.

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