
India's exports surged 55% in last two years, added jobs: Piyush Goyal
In FY23, the country's merchandise exports surged 6% to a record $447 billion.
In FY23, the country's merchandise exports surged 6% to a record $447 billion.
Piyush Goyal says India’s G20 Presidency is an opportunity for businesses to expand markets with open minds and engage with the world with confidence
Both the countries will sign a MoU this year to enhance trade and economic relationship between India and Canada.
He invited all e-commerce companies, big and small, to join ONDC and be part of this new bazaar that reimagines digital commerce.
He said that Korea and Japan don’t stop the export of steel from India, but India can not sell a ton of steel in both countries because there is a “nationalist” spirit.”
Goyal said India can achieve this feat given the "continuance of good governance" that the country has seen over the past eight-nine years.
He noted that the Startup20 Group had been established under India's G20 Presidency for the first time, as part of India's special focus on innovation.
Paves way for both countries to implement the trade pact on a mutually agreed date; it’s India’s first trade deal with a developed country after over a decade.
Piyush Goyal said that decriminalising sections of various laws will end the harassment faced by businesses and reduce the compliance burden.
India has reached the 40th position after making it into the top 50 in 2020. India was in the 46th position in 2021 and 81st in 2015.