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Ministry of Commerce & Industry

India Began Building Bridges When the World Was Building Walls: Union Minister of Commerce and Industry Shri Piyush Goyal

PrelimsMainsGS2GS3GovernanceEconomy
Source-grounded summary

Union Minister of Commerce and Industry Shri Piyush Goyal addressed the curtain raiser of the 31st CII Partnership Summit in New Delhi, stating that India recorded USD 863 billion in exports last year and is targeting USD 1 trillion in exports for the current year. Highlighting India's economic growth projections above 7 percent, the Minister emphasized that the nation's Free Trade Agreements protect sensitive domestic sectors such as agriculture, fisheries, and MSMEs while expanding global market access. He credited technology adoption, the JAM trinity, Digital India, and structural reforms like GST for boosting economic resilience and trust. The 31st CII Partnership Summit is scheduled to be held in Visakhapatnam.

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