India land of opportunities, will soon become world’s third largest economy: Goyal

commerce and Industry Minister Piyush Goyal has said that India today is a land of opportunities and can become a “trusted partner” in the supply chains and investment portfolios of global and American companies. He expressed confidence that the country will soon become the world’s third largest economy and that transformational reforms and a young population will drive future growth. Addressing the diaspora and Indian-American community at a reception here on Sunday, he said, I would urge all of you to take this message to the world, Americans and American companies and spheres of influence that India is your supply chain, Can be a reliable partner in your investment portfolio and business.

Will have a meeting with the CEO

Goyal reached New York on Sunday. He is on an official visit here till January 11. During this he will also visit Washington DC. In the first leg of the visit, he will hold a meeting with the Chief Executive Officers (CEOs) of multinational companies. Will attend round table meetings with industry leaders and research institutions and visit New York industries. He will attend the 13th Trade Policy Forum (TPF) meeting in Washington on January 11 and will also hold a bilateral meeting with US Trade Representative Catherine Tai. Addressing an event organized by Consul General of India in New York Randhir Jaiswal and members of the overseas Indian community on the eve of Pravasi Bharatiya Divas 2023, Goyal said that the ancestors of your people came to America in search of a better life.

make india a developed nation

America has given you a lot and I am sure you have given it back to America many times over, he said. Today India is the land of opportunities. Goyal said, today India wants your contribution to become a superpower. We are working to make India a developed nation. I am sure that the overseas Indians will contribute to bring India the glory it had 100 years ago. Goyal underlined that India has recovered very quickly from the lockdown and economic pressure caused by the pandemic. Last year has been very good in terms of growth for all sectors. Apart from this, our international contacts have also strengthened.

New record made in exports

Goyal said that the country’s exports have crossed the $670 billion mark for the first time. Foreign Direct Investment (FDI) is also at an all-time high. In 2021-22, the country has received foreign investment of $ 84 billion. He said that today India is getting the best return on investment. This is more than any other country. Goyal said that during the chairmanship of G20, we will tell the world about our capabilities and contribution.